NOT LISTED FOR SALE

Estimated Value: $4,086,000 - $4,922,000

4 Beds
3 Baths
2,695 Sq Ft
$1,692/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $3,200,000 $1,187 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $27,795/month

2 Days on Market

Highlights

  • Property has ocean access
  • Koi Pond
  • Bay View
  • Newport Elementary School Rated A
  • Fishing
  • Primary Bedroom Suite

About This Home

As of December 2021

Welcome to 823 West Bay Avenue, just one house from the beautiful Newport Harbor and just steps away from a sandy bayfront beach. As you walk up to this 4 bedroom, 3 bathroom residence you are greeted by a peaceful front patio complete with koi pond and greenery. Each space within this home is spacious, light and bright - both the downstairs and upstairs living spaces include an authentic brick fireplace, the master suite’s open floor plan features two separate walk-in closets, a quaint balcony, and dual sinks. A Peek a boo bay view can be taken in from an upstairs living space. This is truly a one-of-a-kind opportunity to own a home in the most ideal location between the ocean and bay.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 12/09/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 12/09/2021

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,424

Year Built

  • Built in 1937

Lot Details

  • 2,601 Sq Ft Lot
  • West Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Public Parking
  • Parking Available

Interior Spaces

  • 2,695 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Home Office
  • Storage
  • Laundry Room
  • Bay Views

Kitchen

  • Galley Kitchen
  • Open to Family Room
  • Walk-In Pantry

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Patio
  • Koi Pond
  • Exterior Lighting
  • Front Porch

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 884
  • Assessor Parcel Number 04727402
  • $360 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Fishing
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,424

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 714-396-0185
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04727402
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2695.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Fireplace Features: Family Room, Gas, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1187.38
  • Room Type: Galley Kitchen, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Exterior Features: Koi Pond, Lighting
  • View: Bay
  • Patio And Porch Features: Brick, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2601.00
  • Lot Size Acres: 0.0597

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2601.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 24
  • Tax Tract Number: 884
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Dec 15, 2021
Sold by
Stewart John H and Stewart Nova G
Bought by
Butler Rex and Butler Karen
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%
Total Days on Market
2
Current Estimated Value
$4,559,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,359,326
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Feb 4, 2000
Sold by
John Stewart and John Nova G
Bought by
Stewart John H and Stewart Nova G

Purchase Details

Closed on
Mar 11, 1994
Sold by
Stewart Michael C
Bought by
Stewart John H and Stewart Nova G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.38%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Stewart Michael C and Stewart John H
Bought by
Stewart John H and Stewart Nova Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.87%
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
Butler Rex $3,200,000 Fidelity Natl Ttl Orange Cnt
Stewart John H -- --
Stewart John H -- Fidelity National Title Ins
Stewart John H -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stewart John H $347,000
Previous Owner Stewart John H $150,000
Previous Owner Stewart John H $100,000
Previous Owner Stewart John H $432,000
Previous Owner Stewart John H $50,000
Previous Owner Stewart John H $400,000
Previous Owner Stewart John H $50,000
Previous Owner Stewart John H $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $3,200,000 -2.9% $1,187 / Sq Ft
12/11/2021 12/11/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $3,295,000 -- $1,223 / 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 $35,424 $3,395,865 $3,170,106 $225,759
2024 $35,424 $3,329,280 $3,107,947 $221,333
2023 $34,597 $3,264,000 $3,047,006 $216,994
2022 $34,025 $3,200,000 $2,987,260 $212,740
2021 $5,918 $534,873 $292,465 $242,408
2020 $5,860 $529,389 $289,466 $239,923
2019 $5,743 $519,009 $283,790 $235,219
2018 $5,629 $508,833 $278,226 $230,607
2017 $5,530 $498,856 $272,770 $226,086
2016 $5,407 $489,075 $267,422 $221,653
2015 $5,353 $481,729 $263,405 $218,324
2014 $5,226 $472,293 $258,245 $214,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21216921

California Regional Multiple Listing Service (CRMLS)

APN: 047-274-02