NOT LISTED FOR SALE

Estimated Value: $3,857,000 - $4,906,000

3 Beds
3 Baths
2,612 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $2,900,000 $1,110 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $25,868/month

223 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Fireplace in Primary Bedroom
  • Newport Elementary School Rated A
  • Custom Home
  • Wood Flooring

About This Home

As of January 2024

Welcome to this stunning 3 bedroom, 3 bath home located on the Balboa Peninsula, just steps away from the ocean! As you step inside, you are greeted with a charming Dutch entry door that sets the tone for the rest of the home. The interior boasts an open area from the kitchen to the living room with crisp white walls, natural wood accents, and plenty of windows to let in the natural light. The spacious living room features a cozy fireplace and large French doors that lead to the front patio, creating an inviting space to entertain guests or simply relax with a book. The first level also includes a guest bedroom and a 3/4 bath, making it an ideal space for hosting visitors. A convenient laundry room is also located on the first level. The kitchen is truly the heart of the home, featuring gorgeous granite countertops, ample storage space, and a large island counter with a sink. The side patio provides the perfect space for outdoor cooking and dining while enjoying the ocean breeze. Upstairs, you'll find two large primary bedrooms, each with their own unique features. The first primary bedroom boasts a cozy fireplace, walk in closet, an open deck, large jacuzzi tub, walk-in shower and dual sinks. The second primary bedroom includes a tub shower combo, dual sinks, a spacious walk-in closet and a large, enclosed deck. The best feature of this home might just be the rooftop deck, which offers a breathtaking peekaboo view of the ocean. Imagine sipping your morning coffee while hearing the waves crash on the shore or hosting a summer barbecue while enjoying the sea breeze and stunning sunset views. This home is truly a beach lover's dream, offering a perfect balance of indoor and outdoor living. Don't miss out on the opportunity to make this stunning property your own!

Last Agent to Sell the Property

Jay Viloria

Milestone, Inc. License #01037496 Listed on: 05/29/2023

Last Buyer's Agent

Jay Viloria

Milestone, Inc. License #01037496 Listed on: 05/29/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 2,850 Sq Ft Lot
  • Property fronts an alley
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Lap Siding

Interior Spaces

  • 2,612 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Enclosed Patio or Porch
  • Rooftop Access

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Tax Tract Number 104
  • Assessor Parcel Number 04812104
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04812104
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2612.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1110.26
  • Room Type: Living Room, Main Floor Bedroom, Two Primaries
  • Bathroom Features: Double Sinks In Primary Bath, Jetted Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Fence: No
  • Patio And Porch Features: Enclosed, Patio Open, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Lap Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Garage, Garage Faces Rear, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Sidewalks

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2850.00
  • Lot Size Acres: 0.0654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 5
  • Tax Tract Number: 104
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Gorovoy David and Gorovoy Shahla
Bought by
Shahla Gorovoy Living Trust and Gorovoy
Current Estimated Value
$4,489,031

Purchase Details

Listed on
May 29, 2023
Closed on
Jan 22, 2024
Sold by
Bernice Henry Survivors Trust
Bought by
Gorovoy David and Gorovoy Shahla
Seller's Agent
Jay Viloria
Milestone, Inc.
Buyer's Agent
Jay Viloria
Milestone, Inc.
List Price
$3,500,000
Sold Price
$2,900,000
Premium/Discount to List
-$600,000
-17.14%
Views
217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.55%
Original Mortgage
$1,920,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2020
Sold by
Henry Bernice Marie and Spencer Jackson Henry
Bought by
Henry Bernice and Henry Terri

Purchase Details

Closed on
Oct 29, 1987
Sold by
Henry Spencer Jackson and Henry Bernice Marie
Bought by
Henry Spencer Jackson and Henry Bernice Marie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shahla Gorovoy Living Trust -- None Listed On Document
Gorovoy David $2,900,000 Lawyers Title Company
Henry Bernice -- None Available
Henry Spencer Jackson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gorovoy David $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $2,900,000 -6.1% $1,110 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
10/06/2023 10/06/23 Price Changed $3,090,000 -8.6% $1,183 / Sq Ft
07/24/2023 07/24/23 Price Changed $3,380,000 -3.4% $1,294 / Sq Ft
05/29/2023 05/29/23 For Sale $3,500,000 -- $1,340 / 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 $31,518 $2,962,200 $2,534,882 $427,318
2024 $31,518 $2,958,000 $2,546,843 $411,157
2023 $4,599 $409,497 $49,535 $359,962
2022 $4,518 $401,468 $48,564 $352,904
2021 $4,432 $393,597 $47,612 $345,985
2020 $4,388 $389,562 $47,124 $342,438
2019 $4,302 $381,924 $46,200 $335,724
2018 $4,217 $374,436 $45,294 $329,142
2017 $4,142 $367,095 $44,406 $322,689
2016 $4,051 $359,898 $43,536 $316,362
2015 $4,010 $354,492 $42,882 $311,610
2014 $3,915 $347,548 $42,042 $305,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23079793

California Regional Multiple Listing Service (CRMLS)

APN: 048-121-04