NOT LISTED FOR SALE

Estimated Value: $3,488,020 - $4,458,000

3 Beds
4 Baths
3,356 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $3,200,000 $954 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $24,744/month

315 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Roof Top Spa
  • Naples Bayside Academy Rated A
  • Property has ocean access
  • Home Theater

About This Home

As of September 2020

Welcome to The Peninsula, a Rare Front Row Oceanfront Location on the Boardwalk and Toes in the Sand.This Fully Remodeled Home is a "One of a Kind Design" w/ a Relaxing Island Theme.Enjoy the year around Incredible Panoramic Ocean Views of Catalina Island,the Downtown Long Beach Skyline,Palos Verdes Peninsula and Magnificent Sunsets. This Special Home is the Finest of Materials, Quality Craftsmanship and Attention to Detail.There is Parking for Five Cars and a Private, Gated Driveway.The Ground Floor has a Formal Entry, Guest Quarters w/ Private Bath, Laundry and Mud Room.Enjoy a Custom Home Theater Room and a Guest Bath w/ Shower.The Elevator runs from the garage, all the way to the Roof Deck.Second Level, Formal Living Room w/ Stone Fireplace,Balcony on the Ocean, Ocean Front Dining Area, Custom Kitchen w/ Bamboo Cabinets, Spacious Office with Built ins and a Guest Bath w/ a Beautiful Glass Vessel Sink and Tiled Shower.The Third Level is a Waterfront Loft Area w/ Excellent Views and an Outside Balcony Overlooking the Ocean.From the Loft take a Cat Walk to the Master Suite which is Open to the Atrium and Second Level. There are Glass Privacy Windows that can be closed if needed.The Master Suite has Water Views,a Beautiful Shell covered Fireplace, & Custom Wall Built-ins.The Master Bath has a Soaking Tub,w/ Fireplace, an Over sized Travertine Shower w/multiple Shower Heads, Dual Sinks, Travertine Counters & Blue Basket Weave Tile. The Spacious Roof Deck has Incredible Views.

Last Agent to Sell the Property

Keith Muirhead

Vista Sotheby's Int'l Realty License #01228376 Listed on: 10/15/2019

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Nikesh Chand

Keller Williams Realty License #02025553

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966

Lot Details

  • 2,952 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Property fronts an alley
  • South Facing Home
  • Fenced
  • Fence is in excellent condition
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR2I

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces
  • 4 Carport Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Auto Driveway Gate
  • Driveway Level
  • Parking Lot
  • Off-Street Parking
  • RV Access or Parking
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Mixed Roof Materials
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,356 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Partially Furnished
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Roller Shields
  • Blinds
  • French Mullion Window
  • Window Screens
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Theater
  • Home Office
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Doors swing in
  • Doors are 32 inches wide or more
  • Entry Slope Less Than 1 Foot
  • Accessible Parking

Pool

  • Roof Top Spa
  • Above Ground Spa

Outdoor Features

  • Property has ocean access
  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Open Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Property is near public transit

Schools

  • Naples Bayside Elementary School
  • Rogers Middle School
  • Wilson High School

Utilities

  • Zoned Heating and Cooling
  • Overhead Utilities
  • 220 Volts For Spa
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 25
  • Tax Tract Number 5775
  • Assessor Parcel Number 7245025002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7245025002
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3356.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Elevator, Granite Counters, High Ceilings, Home Automation System, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Partially Furnished, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings, Vacuum Central, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, Accessible Elevator Installed, Doors - Swing In, Entry Slope Less Than 1 Foot, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Breakfast Nook, In Family Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 953.52
  • Room Type: Formal Entry, Foyer, Home Theatre, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Above Ground, Roof Top
  • Window Features: Blinds, Custom Covering, Double Pane Windows, French/Mullioned, Roller Shields, Screens
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Bay, Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Deck, Patio, Patio Open, Front Porch, Rear Porch, Roof Top
  • Pool Private: No
  • Roof: Composition, Flat, Mixed
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Built-In Storage, Controlled Entrance, Concrete, Driveway Level, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Off Street, On Site, Oversized, Parking Space, Private, RV Access/Parking, Side by Side
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Oven, Disposal, Gas & Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater Central, Water Heater
  • Electric: 220 Volts For Spa, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Individual Room, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Naples Bayside
  • High School: Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: NAPBAY
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Level, Near Public Transit, Paved, Utilities - Overhead, Walkstreet
  • Lot Size Sq Ft: 2952.00
  • Lot Size Acres: 0.0678

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2952.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Navigable Water, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1, Sea Front, Waterfront With Home Across Road

Tax Info

  • Tax Block: 25
  • Tax Census Tract: 5775.04
  • Tax Lot: 2
  • Tax Tract Number: 5775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2019
Closed on
Sep 19, 2020
Sold by
Babtkis Edward Ross and Edward Ross Babtkis 2013 Trust
Bought by
Patel Jayesh and Govind Sandhya
Seller's Agent
Keith Muirhead
Vista Sotheby's Int'l Realty
Buyer's Agent
Nikesh Chand
Keller Williams Realty
List Price
$3,495,000
Sold Price
$3,200,000
Premium/Discount to List
-$295,000
-8.44%
Current Estimated Value
$3,999,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$799,755
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Jun 20, 2014
Sold by
Babtkis Edward
Bought by
Babtkis Edward

Purchase Details

Closed on
Mar 13, 2008
Sold by
Butler David F and Atwood Susie J
Bought by
Babtkis Ed

Purchase Details

Closed on
Jan 22, 1999
Sold by
Butler Danny K
Bought by
Butler Danny K and Abrams Debra K

Purchase Details

Closed on
Jul 31, 1998
Sold by
Butler David F
Bought by
Butler David F

Purchase Details

Closed on
Sep 12, 1997
Sold by
Lautmann Family Trust Lautmann Ralph And Patr
Bought by
Butler David F

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
7.23%

Purchase Details

Closed on
Sep 9, 1997
Sold by
Butler Mary Elizabeth
Bought by
Butler David F

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
7.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Jayesh $3,200,000 Ticor Title
Babtkis Edward -- None Available
Babtkis Edward Ross -- None Available
Babtkis Edward -- None Available
Babtkis Ed $2,350,000 Fidelity National Title Co
Butler Danny K -- First American
Butler David F -- --
Butler David F $625,000 Gateway Title Company
Butler David F -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Butler David F $500,000
Closed Butler David F $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $3,200,000 -1.5% $954 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
07/01/2020 07/01/20 Price Changed $3,250,000 -7.0% $968 / Sq Ft
10/15/2019 10/15/19 For Sale $3,495,000 -- $1,041 / 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 $44,454 $3,463,779 $2,556,919 $906,860
2024 $42,557 $3,395,863 $2,506,784 $889,079
2023 $41,858 $3,329,279 $2,457,632 $871,647
2022 $39,236 $3,264,000 $2,409,444 $854,556
2021 $38,504 $3,200,000 $2,362,200 $837,800
2020 $38,332 $3,154,196 $2,353,879 $800,317
2019 $37,881 $3,092,350 $2,307,725 $784,625
2018 $36,992 $3,031,717 $2,262,476 $769,241
2016 $34,029 $2,913,993 $2,174,622 $739,371
2015 $32,673 $2,870,223 $2,141,958 $728,265
2014 $32,743 $2,847,966 $2,143,012 $704,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19242168

California Regional Multiple Listing Service (CRMLS)

APN: 7245-025-002