NOT LISTED FOR SALE

Estimated Value: $5,822,530 - $7,136,000

4 Beds
3.5 Baths
3,200 Sq Ft
$2,026/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $2,380,000 $744 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $36,790/month

173 Days on Market

Highlights

  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Bonus Room
  • Newport Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of October 2012

Custom built in 1998 this large home sits on Balboa's Peninsula Point. This 4 bedrooms 3 1/2 bath home features an open kitchen with top of the line appliances and granite counter tops. Beautiful master retreat with a peaceful sitting area is complete with a fireplace and views of the bay. Large upstairs bonus room is the perfect place for entertaining. Bay views from master bedroom and front porth, this is a great full time residence or weekend beach retreat.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 03/22/2012

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jim Jacobs

Jim Jacobs Realty License #00868230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,627

Year Built

  • Built in 1998

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,200 Sq Ft Home
  • Fireplace
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Bonus Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 13 / 27
  • Assessor Parcel Number 04823327

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,627

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-396-0185
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula Point
  • View: No
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04823327
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3200.00
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Family Kitchen, In Family Room
  • Levels: Two
  • Price Per Square Foot: 743.75
  • Room Type: Bonus Room, Great Room, Jack & Jill, Master Suite

Exterior Features

  • Patio: Yes
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Free Standing
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Block: 27
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2015
Sold by
Shepherd Stephen and Shepherd Carrie
Bought by
Shepherd Stephen R and Shepherd Family Trust
Current Estimated Value
$6,483,383

Purchase Details

Listed on
Mar 22, 2012
Closed on
Sep 17, 2012
Sold by
Hyde Timothy A and Hyde Nancy L
Bought by
Shepherd Stephen and Shepherd Carrie
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jim Jacobs
Jim Jacobs Realty
List Price
$2,599,000
Sold Price
$2,380,000
Premium/Discount to List
-$219,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$1,200,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bishop Thomas A and Bishop Jean B
Bought by
Hyde Timothy A and Hyde Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2002
Sold by
Malliet Brian K and Malliet Brenda
Bought by
Bishop Thomas A and Bishop Jean B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.25%

Purchase Details

Closed on
Sep 7, 1999
Sold by
807 Lido Partners Llc
Bought by
Malliet Brian K and Malliet Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,840
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shepherd Stephen R -- None Available
Shepherd Stephen $2,380,000 First American Title Company
Hyde Timothy A $3,220,000 Ticor Title
Bishop Thomas A $1,410,000 Equity Title Company
Malliet Brian K $1,062,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Stephen R $978,286
Closed Shepherd Stephen $1,200,000
Closed Shepherd Stephen $1,200,000
Previous Owner Hyde Timothy A $1,400,000
Previous Owner Hyde Timothy A $250,000
Previous Owner Hyde Timothy A $1,500,000
Previous Owner Hyde Timothy A $243,500
Previous Owner Hyde Timothy A $2,332,500
Previous Owner Bishop Thomas A $1,000,000
Previous Owner Bishop Thomas A $1,000,000
Previous Owner Malliet Brian K $761,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $2,380,000 -4.8% $744 / Sq Ft
09/04/2012 09/04/12 Price Changed $2,499,000 -3.8% $781 / Sq Ft
03/22/2012 03/22/12 For Sale $2,599,000 -- $812 / 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 $30,627 $2,930,796 $2,347,876 $582,920
2024 $30,627 $2,873,330 $2,301,839 $571,491
2023 $29,911 $2,816,991 $2,256,705 $560,286
2022 $29,416 $2,761,756 $2,212,456 $549,300
2021 $28,852 $2,707,604 $2,169,074 $538,530
2020 $28,575 $2,679,841 $2,146,832 $533,009
2019 $27,982 $2,627,296 $2,104,738 $522,558
2018 $27,423 $2,575,781 $2,063,469 $512,312
2017 $26,938 $2,525,276 $2,023,009 $502,267
2016 $26,332 $2,475,761 $1,983,342 $492,419
2015 $26,085 $2,438,573 $1,953,550 $485,023
2014 $25,470 $2,390,805 $1,915,282 $475,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001167

California Regional Multiple Listing Service (CRMLS)

APN: 048-233-27