NOT LISTED FOR SALE

Estimated Value: $2,157,000 - $3,000,000

2 Beds
1 Bath
1,186 Sq Ft
$2,274/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $2,600,000 $2,192 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,859/month

4 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Fishing
  • Naples Bayside Academy Rated A
  • Property has ocean access
  • 5-minute walk to Alamitos Park

About This Home

As of June 2023

This charming beach cottage sits directly on the sand. It is one of the few Peninsula homes that are truly beachfront, unobstructed by a boardwalk or sidewalk, sitting the third house from the end. Take in the Pacific ocean and Catalina views from the living room picture window. Better yet, wander out onto the front patio, put your toes in the sand and enjoy the ocean breezes and panoramic coastline. A spacious living room and dining area feature an open floor concept. To the back of the house is one bedroom, one bath and an office space. The interior was recently painted and re-carpeted to welcome someone new to call it home or a beach retreat.

Last Agent to Sell the Property

Crystal Glenning

Compass License #01805409 Listed on: 05/13/2023

Compass

Last Buyer's Agent

Rhonda Buchanan

Real Broker License #01972444

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 2,522 Sq Ft Lot
  • Beach Front
  • Fenced
  • Fence is in average condition
  • Zero Lot Line
  • Property is zoned LBR2I

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Cottage
  • Entry on the 2nd floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Closed Circuit Camera

Kitchen

  • Gas Oven
  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Property has ocean access
  • Wood Patio
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 3 / 20
  • Tax Tract Number 1
  • Assessor Parcel Number 7245030003
  • $269 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Peninsula Subdivision

Recreation

  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Fridge, stove
  • Property Attached: No
  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7245030003
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1186.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2192.24
  • Room Type: Living Room
  • Bathroom Features: Shower In Tub, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Catalina, Coastline, Ocean
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 2522.00
  • Lot Size Acres: 0.0579

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2522.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5775.04
  • Tax Lot: 3
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 269.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2014
Sold by
Perone John D
Bought by
John & Lorraine Perone Family Trust
Current Estimated Value
$2,696,876

Purchase Details

Closed on
Sep 2, 2004
Sold by
Cardenas Marc A and Cardenas Janet E
Bought by
Perone John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$574,177
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$2,122,699

Purchase Details

Closed on
Aug 3, 2004
Sold by
Cardenas Janet E and Marilee D Gillespie Trust
Bought by
Cardenas Marc A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$574,177
Interest Rate
5.37%
Mortgage Type
New Conventional
Estimated Equity
$2,122,699
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
John & Lorraine Perone Family Trust -- None Available
Perone John D $1,500,000 Ticor Title
Cardenas Marc A -- --
Warner Lori A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perone John D $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $2,600,000 +4.2% $2,192 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/13/2023 05/13/23 For Sale $2,495,000 -- $2,104 / 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 $33,252 $2,705,040 $2,028,780 $676,260
2024 $33,252 $2,652,000 $1,989,000 $663,000
2023 $25,195 $2,009,670 $1,607,741 $401,929
2022 $23,615 $1,970,266 $1,576,217 $394,049
2021 $23,179 $1,931,634 $1,545,311 $386,323
2019 $22,930 $1,874,342 $1,499,477 $374,865
2018 $22,383 $1,837,591 $1,470,076 $367,515
2016 $20,600 $1,766,237 $1,412,992 $353,245
2015 $19,748 $1,739,707 $1,391,768 $347,939
2014 $19,579 $1,705,630 $1,364,506 $341,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23081854

California Regional Multiple Listing Service (CRMLS)

APN: 7245-030-003