NOT LISTED FOR SALE

Estimated Value: $2,402,000 - $3,834,000

3 Beds
1 Bath
946 Sq Ft
$3,227/Sq Ft Est. Value

Last Sold November 17, 2014

Last sale price $1,237,000 $1,308 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $17,577/month

48 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Cottage
  • Newport Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2014

Remodel just completed this August! Charming Beach Cottage only one lot from the sand. No house between beach and property. New kitchen with Bosch appliances, new floors, ceilings, molding, light fixtures, door knobs, heater, interior/exterior paint, fence & more. Fenced front patio yard and oversized one car garage with laundry. Unique entrance to the beach just steps from the house. Short walk to the Fun Zone, shops, and restaurants.

Last Agent to Sell the Property

Brandon Arico

Arico & Assoc. License #01820356 Listed on: 08/25/2014

Last Buyer's Agent

Paula Aragone

First Team Real Estate License #01364746

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,730

Year Built

  • Built in 1942

Lot Details

  • 2,178 Sq Ft Lot
  • Property fronts an alley

Parking

  • 1 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Cottage

Interior Spaces

  • 946 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 219
  • Assessor Parcel Number 04802402

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,730

Year Built

Built in 1942

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04802402
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 946.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1307.61
  • Room Type: Living Room

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2014
Closed on
Nov 13, 2014
Sold by
Grey Five Llc
Bought by
The 2006 Huitt Family Trust
Seller's Agent
Brandon Arico
Arico & Assoc.
Buyer's Agent
Paula Aragone
First Team Real Estate
List Price
$1,349,000
Sold Price
$1,237,000
Premium/Discount to List
-$112,000
-8.3%
Current Estimated Value
$3,052,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,815,939
Avg. Annual Appreciation
6.92%
Original Mortgage
$927,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2014
Closed on
May 7, 2014
Sold by
Fazzi Michael
Bought by
Grey Five Llc
Seller's Agent
Keven Stirdivant
Kase Real Estate
Buyer's Agent
Keven Stirdivant
Kase Real Estate
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.78%

Purchase Details

Listed on
Jun 3, 2014
Closed on
May 2, 2014
Sold by
Njk Enterprises Llc
Bought by
Fazzi Michael
Seller's Agent
Keven Stirdivant
Kase Real Estate
Buyer's Agent
Keven Stirdivant
Kase Real Estate
List Price
$1,000,000
Sold Price
$1,000,000

Purchase Details

Listed on
Jun 3, 2014
Closed on
Apr 23, 2014
Sold by
Fazzi Vincent
Bought by
Fazzi Michael
Seller's Agent
Keven Stirdivant
Kase Real Estate
Buyer's Agent
Keven Stirdivant
Kase Real Estate
List Price
$1,000,000
Sold Price
$1,000,000

Purchase Details

Closed on
Aug 31, 2013
Sold by
Njk Enterprises Llc
Bought by
Fazzi Michael and Fazzi Vincent

Purchase Details

Closed on
Dec 26, 2012
Sold by
Klein Norma J
Bought by
Fazzi Michael

Purchase Details

Closed on
Oct 26, 2012
Sold by
Njk Enterprises Llc
Bought by
Klein Norma J

Purchase Details

Closed on
Jul 5, 2011
Sold by
Fazzi Vincent
Bought by
Vmc Properties L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2011
Sold by
Vmc Properties L P
Bought by
Njk Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Klein Norma Jean
Bought by
Vmc Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2004
Sold by
Klein Norma Jean
Bought by
Vmc Properties Lp

Purchase Details

Closed on
Oct 14, 1999
Sold by
Klein Norma Jean
Bought by
Klein Norma Jean and Klein Family Trust A
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
The 2006 Huitt Family Trust $1,237,000 First American Title Company
Grey Five Llc $995,000 None Available
Fazzi Michael -- None Available
Fazzi Michael -- None Available
Fazzi Michael -- None Available
Fazzi Michael -- None Available
Fazzi Michael -- None Available
Klein Norma J -- None Available
Vmc Properties L P -- Accommodation
Vmc Properties L P -- Accommodation
Vmc Properties Lp -- Accommodation
Fazzi Vincent -- Lsi
Njk Enterprises Llc -- None Available
Vmc Properties Lp -- Alliance Title Company
Klein Norma Jean -- Accommodation
Vmc Properties Lp -- --
Klein Norma Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huitt Brian $548,250
Open The 2006 Huitt Family Trust $850,000
Closed The 2006 Huitt Family Trust $927,750
Previous Owner Fazzi Vincent $598,000
Previous Owner Klein Norma Jean $685,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2014 11/17/14 Sold $1,237,000 -4.7% $1,308 / Sq Ft
10/13/2014 10/13/14 Price Changed $1,298,000 -3.8% $1,372 / Sq Ft
10/12/2014 10/12/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $1,349,000 +34.9% $1,426 / Sq Ft
06/03/2014 06/03/14 Sold $1,000,000 0.0% $1,057 / Sq Ft
06/03/2014 06/03/14 For Sale $1,000,000 -- $1,057 / 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 $15,730 $1,486,685 $1,460,971 $25,714
2024 $15,730 $1,457,535 $1,432,325 $25,210
2023 $15,360 $1,428,956 $1,404,240 $24,716
2022 $15,103 $1,400,938 $1,376,706 $24,232
2021 $14,815 $1,373,469 $1,349,712 $23,757
2020 $14,673 $1,359,386 $1,335,872 $23,514
2019 $14,371 $1,332,732 $1,309,679 $23,053
2018 $14,086 $1,306,600 $1,283,999 $22,601
2017 $13,838 $1,280,981 $1,258,823 $22,158
2016 $13,528 $1,255,864 $1,234,140 $21,724
2015 $13,400 $1,237,000 $1,215,602 $21,398
2014 $7,897 $334,580 $315,336 $19,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14184778

California Regional Multiple Listing Service (CRMLS)

APN: 048-024-02