NOT LISTED FOR SALE

Estimated Value: $5,244,000 - $7,436,158

3 Beds
2 Baths
1,094 Sq Ft
$6,238/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $2,900,000 $2,651 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $40,161/month

84 Days on Market

Highlights

  • Cape Cod Architecture
  • Sun or Florida Room
  • No HOA
  • Newport Elementary School Rated A
  • Private Yard
  • Neighborhood Views

About This Home

As of November 2017

Sited on what is considered by many to be the preeminent location within the charming seaside enclave of Balboa Peninsula Point this vintage Belvue Lane cottage offers endless possibilities for its new owner. Presently configured as a cheerful three bedroom, two bath home the original layout encompasses living, dining and sunroom areas all opening onto the resplendent patio and garden spaces afforded by the rare 50 x 100 corner lot location. Whether looking to restore the original character of this beach bungalow, or desirous of the ultimate building site for a new home, the character and appeal of Belvue Lane's promenade orientation is undeniable. Just a short stroll to either the beach or the bay Peninsula Point homeowners can enjoy the community racquet club, neighborhood association bay front BBQ area and boat launch, as well as the nearby shops and restaurants of the historic Balboa Village. THIS IS A TRUST SALE. Property being sold "As Is" with no repairs, retrofits, concessions, credits or contingencies of any kind. All Offers to be Submitted with Verification of Proof of Funds. No Financing or Appraisal Contingency. SEE ATTACHMENTS TO LISTING IN SUPPLEMENTS SECTION and PLEASE READ REMARKS. FINAL PURCHASE PRICE SUBJECT TO COURT CONFIRMATION AND OVERBID PROCESS. PROPERTY INSPECTION WILL BE AVAILABLE UP UNTIL 1 WEEK FROM THE COURT CONFIRMATION DATE. CALL LISTING AGENT WITH QUESTIONS.

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 06/08/2017

Coldwell Banker Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,455

Year Built

  • Built in 1951

Lot Details

  • 5,000 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,094 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Sun or Florida Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Open Patio
  • Fire Pit
  • Exterior Lighting
  • Enclosed Glass Porch

Location

  • Urban Location

Schools

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

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1090
  • Assessor Parcel Number 04825121

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,455

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04825121
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1094.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2650.82
  • Room Type: Kitchen, Living Room, Sun

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Enclosed Glass Porch, Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • 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: Front Yard, Garden, Landscaped, Level, Walkstreet, Yard
  • Lot Size Sq Ft: 5000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 1090

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Sep 21, 2017
Sold by
Federizo Aileen
Bought by
Abel John K and Abel Family Trust
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,850,000
Sold Price
$2,900,000
Premium/Discount to List
$50,000
1.75%
Current Estimated Value
$6,824,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,924,540
Avg. Annual Appreciation
11.08%

Purchase Details

Closed on
Jan 30, 2009
Sold by
St Clair Joan C
Bought by
St Clair Allen W and St Clair Joan C

Purchase Details

Closed on
Jul 11, 2000
Sold by
Stclair Joan C
Bought by
Stclair Joan C and Joan C Stclair Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abel John K $2,900,000 California Title Co
St Clair Allen W -- None Available
Stclair Joan C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Abel John K $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $2,900,000 -4.8% $2,651 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/08/2017 08/08/17 Price Changed $3,045,500 +6.9% $2,784 / Sq Ft
06/08/2017 06/08/17 For Sale $2,850,000 -- $2,605 / 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 $49,455 $4,756,017 $3,249,230 $1,506,787
2024 $49,455 $4,662,762 $3,185,519 $1,477,243
2023 $49,460 $4,571,336 $3,123,058 $1,448,278
2022 $48,849 $4,481,702 $3,061,821 $1,419,881
2021 $48,238 $4,393,826 $3,001,785 $1,392,041
2020 $47,795 $4,348,773 $2,971,005 $1,377,768
2019 $42,883 $3,885,012 $2,912,750 $972,262
2018 $32,727 $2,900,000 $2,855,638 $44,362
2017 $3,359 $112,144 $80,249 $31,895
2016 $3,423 $109,946 $78,676 $31,270
2015 $3,597 $108,295 $77,494 $30,801
2014 $3,524 $106,174 $75,976 $30,198
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17128096

California Regional Multiple Listing Service (CRMLS)

APN: 048-251-21