NOT LISTED FOR SALE

Estimated Value: $2,719,000 - $4,529,000

2 Beds
1 Bath
642 Sq Ft
$6,010/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $1,250,000 $1,947 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $22,062/month

28 Days on Market

About This Home

As of August 2016

Attention Builders. Lot Value. "AS IS" purchase. See agent remarks. Great location. One house off the Oceanfront. Close to Balboa Village. Across from the Balboa Yacht Club.

Last Agent to Sell the Property

Joan Trout

Compass License #00578819 Listed on: 06/21/2016

Compass

Co-Listed By

Tracy Seeber

Balboa Realty License #00954837

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

  • $24,773

Year Built

  • Built in 1928

Lot Details

  • 2,160 Sq Ft Lot
  • Property fronts an alley

Home Design

  • 642 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 219
  • Assessor Parcel Number 04802320

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,773

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04802320
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 642.00
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 1947.04

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2160.00
  • Price Per Lot Square Foot: 578.70
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2160.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Huitt Brian and Huitt Deborah
Bought by
2006 Huitt Family Trust and Huitt
Current Estimated Value
$3,652,669

Purchase Details

Listed on
Jun 21, 2016
Closed on
Jul 21, 2016
Sold by
Groves William Jason and Groves Elizabeth L
Bought by
Huitt Brian and Huitt Deborah
Seller's Agent
Joan Trout
Compass
Buyer's Agent
Paula Aragone
First Team Real Estate
List Price
$1,300,000
Sold Price
$1,250,000
Premium/Discount to List
-$50,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Stark Michael Richard and Stark Robert Allan
Bought by
Wm Jason Groves Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2007
Sold by
Stark Michael Richard
Bought by
Stark Michael Richard and Stark Robert Allan
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
2006 Huitt Family Trust -- None Listed On Document
Huitt Brian $1,250,000 Chicago Title Company
Wm Jason Groves Revocable Trust $1,200,000 Orange Coast Title Company
Stark Michael Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wm Jason Groves Revocable Trust $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $1,250,000 -3.8% $1,947 / Sq Ft
06/21/2016 06/21/16 For Sale $1,300,000 +8.3% $2,025 / Sq Ft
06/11/2014 06/11/14 Sold $1,200,000 -13.2% $1,875 / Sq Ft
03/28/2014 03/28/14 Pending -- -- --
02/16/2014 02/16/14 Price Changed $1,383,000 -7.8% $2,161 / Sq Ft
10/17/2013 10/17/13 For Sale $1,500,000 -- $2,344 / 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 $24,773 $2,327,840 $1,428,805 $899,035
2024 $24,773 $2,282,197 $1,400,790 $881,407
2023 $24,443 $2,237,449 $1,373,324 $864,125
2022 $23,967 $2,193,578 $1,346,396 $847,182
2021 $23,720 $2,150,567 $1,319,996 $830,571
2020 $22,608 $2,044,147 $1,306,461 $737,686
2019 $15,269 $1,348,049 $1,280,845 $67,204
2018 $14,554 $1,275,000 $1,255,731 $19,269
2017 $14,309 $1,250,000 $1,231,108 $18,892
2016 $14,195 $1,242,641 $1,223,100 $19,541
2015 $14,225 $1,223,976 $1,204,728 $19,248
2014 $2,033 $71,147 $61,925 $9,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16134272

California Regional Multiple Listing Service (CRMLS)

APN: 048-023-20