NOT LISTED FOR SALE

Estimated Value: $4,283,000 - $5,127,944

4 Beds
3 Baths
2,700 Sq Ft
$1,792/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $2,150,000 $796 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $29,346/month

71 Days on Market

Highlights

  • Bay View
  • Fireplace in Primary Bedroom
  • No HOA
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 2 Car Attached Garage

About This Home

As of February 2017

Just a few steps to the bay, located on the highly sought after Balboa Peninsula Point this spacious home in this quiet community is the perfect beach house. Featuring a large master bedroom with fireplace and an attached sitting room and private deck. Two secondary bedrooms and a loft on the second floor and a bedroom and bath on the main floor. With A living room, dining room, 3 fireplaces throughout, kitchen and a den this home has a lot more living space than many of the homes available by the beach. Located only two houses to the Bayfront this home features a great front patio - perfect for entertaining with sit down views of the bay and the boats going by, a back patio and a rooftop deck off the master. A two car garage completes this home.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 12/01/2016

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Heather Boyd

First Team Real Estate License #01965071

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,134

Year Built

  • Built in 1977

Lot Details

  • 3,049 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bay Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 04824048

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,134

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04824048
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 796.30
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Bay
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3049.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2016
Closed on
Jan 5, 2017
Sold by
Johnson Colin F and Thomas Johnson Julee S
Bought by
Copeland Mark and Copeland Kathleen
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Heather Boyd
First Team Real Estate
List Price
$2,350,000
Sold Price
$2,150,000
Premium/Discount to List
-$200,000
-8.51%
Total Days on Market
71
Current Estimated Value
$4,839,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,689,736
Avg. Annual Appreciation
10.14%
Original Mortgage
$1,500,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Johnson Colin F and Thomas Johnson Julee S
Bought by
Johnson Colin F and Thomas Johnson Julee S

Purchase Details

Closed on
Feb 22, 2002
Sold by
Pauls Kelly Wynne
Bought by
Johnson Colin and Thomas Johnson Julee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,000
Interest Rate
5.74%

Purchase Details

Closed on
May 6, 1994
Sold by
Pauls Christopher Frank and Pauls Kelly Wynne
Bought by
Pauls Chris Frank and Pauls Kelly Wynne
Source: Public Records

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Range of Values:

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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
Copeland Mark $2,150,000 Ticor Title
Johnson Colin F -- None Available
Johnson Colin $880,000 Equity Title
Pauls Chris Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland Mark $1,431,520
Closed Copeland Mark $1,500,000
Previous Owner Johnson Colin $500,000
Previous Owner Johnson Colin $690,000
Previous Owner Johnson Colin $90,000
Previous Owner Johnson Colin $410,000
Previous Owner Johnson Colin $676,500
Previous Owner Johnson Colin $671,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $2,150,000 -6.1% $796 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
12/18/2016 12/18/16 Price Changed $2,290,000 -2.6% $848 / Sq Ft
10/24/2016 10/24/16 For Sale $2,350,000 0.0% $870 / Sq Ft
07/29/2014 07/29/14 Rented $5,800 0.0% --
07/29/2014 07/29/14 For Rent $5,800 -- --
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
2024 $26,134 $2,446,331 $2,198,144 $248,187
2023 $25,522 $2,398,364 $2,155,043 $243,321
2022 $25,099 $2,351,338 $2,112,788 $238,550
2021 $24,618 $2,305,234 $2,071,361 $233,873
2020 $24,382 $2,281,597 $2,050,122 $231,475
2019 $23,877 $2,236,860 $2,009,923 $226,937
2018 $23,401 $2,193,000 $1,970,512 $222,488
2017 $12,144 $1,120,144 $865,628 $254,516
2016 $11,873 $1,098,181 $848,655 $249,526
2015 $11,761 $1,081,686 $835,908 $245,778
2014 $11,484 $1,060,498 $819,534 $240,964
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16757572

California Regional Multiple Listing Service (CRMLS)

APN: 048-240-48