NOT LISTED FOR SALE

Estimated Value: $4,001,000 - $4,755,000

3 Beds
2.5 Baths
2,181 Sq Ft
$1,956/Sq Ft Est. Value

Highlights

  • Ocean View
  • Fishing
  • Granite Countertops
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • No HOA

About This Home

As of June 2024

Rare opportunity to lease an amazing single-family home on the oceanfront. This 3-bedroom, 2.5-bath gem features a rooftop deck, perfect for soaking in sun, feeling the ocean breeze, and marvel at the beauty of oceanfront living. All bedrooms are located upstairs, with the primary bedroom offering direct access to the deck and a stunning ocean view. Enjoy the convenience of upstairs laundry machines and a primary bath with separate shower and tub, double sink vanity, and a private walk-through closet. The home boasts a spacious open layout downstairs, with a combined family/dining room featuring a cozy fireplace. Additional highlights include a 2-car garage, high ceilings, a built-in vacuum system, and newer AC. Long-term lease minimum of 12 months.

Last Agent to Rent the Property

Jim Jacobs

Jim Jacobs Realty License #00868230 Listed on: 05/06/2024

Co-Listed By

Jason Jacobs

Jim Jacobs Realty License #02108263

Last Renter's Agent

Jason Jacobs

Jim Jacobs Realty License #02108263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,299

Year Built

  • Built in 1998

Lot Details

  • 2,100 Sq Ft Lot
  • No Landscaping

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,181 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Family or Dining Combination
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Newport Elementary And Middle School
  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $20,000
  • 12-Month Minimum Lease Term
  • Available 6/1/24
  • Legal Lot and Block 25 / 9
  • Tax Tract Number 219
  • Assessor Parcel Number 04802423

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,299

Year Built

Built in 1998

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 20000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04802423
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2181.00 Square Feet
  • Stories: 2
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 6.42
  • Room Type: All Bedrooms Up, Primary Suite
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0482

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 628.00
  • Tax Lot: 25
  • Tax Tract Number: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2008
Sold by
Depauw Beverly A
Bought by
Jacobson Elizabeth Depauw and Depauw David Darrel
Current Estimated Value
$4,266,696

Purchase Details

Closed on
Dec 26, 2007
Sold by
Depauw Beverly A
Bought by
Jacobson Elizabeth Depauw and Depauw David Darrel

Purchase Details

Closed on
Jun 2, 2006
Sold by
Depauw Beverly Ann
Bought by
Depauw Beverly Ann and The Harvey K Depauw & Beverly Ann Depauw

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Woodman Sylvan Properties Inc
Bought by
Depauw Beverly Ann and Harvey K Depauw & Beverly Ann Depauw Rev

Purchase Details

Closed on
Mar 31, 2003
Sold by
Depauw H K H and Depauw Beverly A
Bought by
Depauw H K H and Depauw Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,500
Interest Rate
5.6%

Purchase Details

Closed on
Dec 19, 1998
Sold by
Depauw H K H and Depauw Beverly A
Bought by
Depauw H K H and Depauw Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 16, 1998
Sold by
Plf Ltd Partnership
Bought by
Depauw H K H and Depauw Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.87%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Parkhurst Paul E
Bought by
Plf Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Joseph Cornyn Hugh and Joseph Erin T
Bought by
Parkhurst Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.1%

Purchase Details

Closed on
May 20, 1998
Sold by
Parkhurst Yvonne L
Bought by
Parkhurst Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.1%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Joseph Cornyn Hugh
Bought by
Cornyn Erin T and Cornyn Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.1%
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
Jacobson Elizabeth Depauw -- Accommodation
Jacobson Elizabeth Depauw -- None Available
Depauw Beverly A -- None Available
Depauw Beverly A -- None Available
Depauw Beverly Ann -- Financial Title Company
Depauw Beverly Ann -- --
Depauw H K H -- First American Title Co
Depauw H K H -- --
Depauw H K H $1,050,000 North American Title Co
Plf Ltd Partnership -- North American Title Co
Parkhurst Paul E $900,000 North American Title Co
Parkhurst Paul E -- North American Title Co
Cornyn Erin T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depauw Beverly Ann $500,000
Previous Owner Depauw H K H $815,500
Previous Owner Depauw H K H $840,000
Previous Owner Parkhurst Paul E $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $14,000 0.0% --
05/20/2024 05/20/24 Under Contract -- -- --
05/06/2024 05/06/24 For Rent $14,000 +16.7% --
05/28/2023 05/28/23 Rented $12,000 -11.1% --
05/22/2023 05/22/23 Under Contract -- -- --
04/28/2023 04/28/23 For Rent $13,500 +42.1% --
02/27/2020 02/27/20 Rented $9,500 0.0% --
02/26/2020 02/26/20 Under Contract -- -- --
02/20/2020 02/20/20 For Rent $9,500 -- --
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 $20,299 $1,929,592 $1,646,121 $283,471
2024 $20,299 $1,891,757 $1,613,844 $277,913
2023 $19,823 $1,854,664 $1,582,200 $272,464
2022 $19,493 $1,818,299 $1,551,177 $267,122
2021 $19,120 $1,782,647 $1,520,762 $261,885
2020 $18,936 $1,764,369 $1,505,169 $259,200
2019 $18,546 $1,729,774 $1,475,656 $254,118
2018 $18,177 $1,695,857 $1,446,721 $249,136
2017 $17,856 $1,662,605 $1,418,354 $244,251
2016 $17,455 $1,630,005 $1,390,543 $239,462
2015 $17,291 $1,605,521 $1,369,655 $235,866
2014 $16,883 $1,574,072 $1,342,826 $231,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24091396

California Regional Multiple Listing Service (CRMLS)

APN: 048-024-23