NOT LISTED FOR SALE

Estimated Value: $4,197,000 - $4,782,000

4 Beds
3 Baths
1,913 Sq Ft
$2,340/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $3,300,000 $1,725 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $26,772/month

1 Day on Market

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • Property is near a park
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • 1-minute walk to 38th Street Park

About This Home

As of October 2021

With unparalleled sophistication and design, this newly constructed 4 bedroom, 3 bath corner lot residence offers a unique lifestyle that is sure to calm and relax your senses. Located a block from the beach and just steps from the Newport Island canals, this central Balboa Peninsula location is exceptional. Fashioned with the highest comforts in mind, absolutely no expense has been spared. All the features of this turnkey home were meticulously chosen to create a stunning crisp space that transcends time. Enjoy its rich wood floors, chef inspired one of a kind designer kitchen complete with built-in appliances, custom cabinetry, hand selected stone countertops & backsplash. The decadent custom bathrooms are complete with walk-in spa quality showers that will delight you! Every aspect of this residence offers true elegance. Enjoy the spacious limestone deck that overlooks the 38th Street Park. Check out the epoxy flooring that beautifully finishes off the over-sized two car garage. This home also comes with a dedicated 3rd parking space, a huge bonus down on the peninsula. This property reflects the personality and taste of those accustomed to the finest in quality design, finishes and lifestyle.

Last Agent to Sell the Property

Deanna Kenworthy

Deanna Kenworthy, Broker License #01053454 Listed on: 09/18/2021

Last Buyer's Agent

Christina Clayson

First Team Real Estate License #01923996

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,519

Year Built

  • Built in 2013

Lot Details

  • 2,333 Sq Ft Lot
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Oversized Parking
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Single Garage Door

Property Views

  • Peek-A-Boo
  • Canal

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 1,913 Sq Ft Home
  • Open Floorplan
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Home Gym
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Upgraded Bathroom
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Stone Porch or Patio
  • Rain Gutters

Location

  • Property is near a park

Schools

  • Newport Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 63500
  • Assessor Parcel Number 42336211

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,519

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42336211
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1913.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Chair Railings, Crown Molding, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1725.04
  • Room Type: Exercise Room, Great Room, Kitchen, Main Floor Bedroom
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Stone Counters, Upgraded
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Canal, Peek-A-Boo
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door, Oversized, Side by Side
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Warming Drawer, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Watersports

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Park Nearby
  • Lot Size Sq Ft: 2333.00
  • Lot Size Acres: 0.0536

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2333.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 063500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Sep 21, 2021
Sold by
Hubbs Patricia and The John And Patricia Hubbs Li
Bought by
Branson Michael G and Branson Denise M
Seller's Agent
Deanna Kenworthy
Deanna Kenworthy, Broker
Buyer's Agent
Christina Clayson
First Team Real Estate
List Price
$3,280,000
Sold Price
$3,300,000
Premium/Discount to List
$20,000
0.61%
Current Estimated Value
$4,475,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,175,674
Avg. Annual Appreciation
7.68%
Original Mortgage
$2,640,000
Outstanding Balance
$2,433,403
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,990,000

Purchase Details

Closed on
Apr 23, 2012
Sold by
Hubbs Patricia
Bought by
Hubbs Patricia and John & Patricia Hubbs Living Trust

Purchase Details

Closed on
Sep 19, 2011
Sold by
Avanzino Bohnie
Bought by
Hubbs Patricia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Branson Michael G $3,300,000 Ticor Ttl Orange Cnty Branch
Hubbs Patricia -- None Available
Hubbs Patricia $700,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Branson Michael G $2,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $3,300,000 +0.6% $1,725 / Sq Ft
09/18/2021 09/18/21 For Sale $3,280,000 -- $1,715 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,519 $3,501,986 $3,117,784 $384,202
2024 $36,519 $3,433,320 $3,056,651 $376,669
2023 $35,666 $3,366,000 $2,996,716 $369,284
2022 $35,077 $3,300,000 $2,937,956 $362,044
2021 $12,131 $1,118,416 $779,195 $339,221
2020 $12,015 $1,106,949 $771,206 $335,743
2019 $11,770 $1,085,245 $756,085 $329,160
2018 $11,537 $1,063,966 $741,260 $322,706
2017 $11,333 $1,043,104 $726,725 $316,379
2016 $11,081 $1,022,651 $712,475 $310,176
2015 $10,975 $1,007,290 $701,773 $305,517
2014 $10,118 $930,577 $688,026 $242,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21204481

California Regional Multiple Listing Service (CRMLS)

APN: 423-362-11