NOT LISTED FOR SALE

Estimated Value: $6,075,000 - $12,836,994

4 Beds
4.5 Baths
5,003 Sq Ft
$1,861/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2021

Last sale price $9,300,000 $1,859 Per Sq Ft

Current estimated payment $58,338 / mo

Highlights

  • Wine Cellar
  • Bay View
  • Maid or Guest Quarters
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Balboa Peninsula Park

About This Home

As of February 2025

Furnished spacious four bedroom, five bath vacation home located on the bayside of the Balboa peninsula in Newport Beach. With two full kitchens and multiple entertaining areas. The first level opens to a fire pit and outdoor dining space. Walk up the spiral staircase or take the elevator to the second level primary bedroom retreat with glass walls to take in the bayside views. The full office and workout gym is also located on the second level. Play on the Steinway grand piano, or play a game of pool or cards in the third level entertaining areas. World class dining, shopping, and beaches are located a walk away.

Last Agent to Rent the Property

Tina Tullett

Tina Tullett Brokerage Phone: 949-432-7174 License #02156807 Listed on: 08/18/2024

Last Renter's Agent

General NONMEMBER

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 5,092 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Panoramic
  • Mountain

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 5,003 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Game Room
  • Home Gym
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fire Pit
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Security Deposit $38,000
  • Rent includes all utilities, association dues, electricity, gardener, gas, sewer, trash collection, water
  • 6-Month Minimum Lease Term
  • Available 12/3/24
  • Legal Lot and Block 1 / 1
  • Tax Tract Number 94
  • Assessor Parcel Number 04814132

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

5,092 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2024-12-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 38000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04814132
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5003.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom, Fire Pit, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 7.60
  • Room Type: Bonus Room, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Recreation, Walk-In Closet, Walk-In Pantry, Wine Cellar

Exterior Features

  • View: Bay, Mountain(s), Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5092.00
  • Lot Size Acres: 0.1169

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 6 Months
  • Lot Size Area: 5092.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities, Association Dues, Electricity, Gardener, Gas, Sewer, Trash Collection, Water

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 628.00
  • Tax Lot: 1
  • Tax Tract Number: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 30, 2021
Sold by
Pasquale Douglas Mario and Pasquale Teresa Kathleen
Bought by
Li Bin
Seller's Agent
Dean Lueck
Compass
Buyer's Agent
Fei Li
Latitude 33 Real Estate
List Price
$9,995,000
Sold Price
$9,300,000
Premium/Discount to List
-$695,000
-6.95%
Current Estimated Value
$9,309,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,998
Avg. Annual Appreciation
0.02%
Original Mortgage
$6,000,000
Outstanding Balance
$5,488,735
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$3,821,263

Purchase Details

Closed on
Sep 13, 2016
Sold by
Pasquale Douglas M and Pasquale Teresa K
Bought by
Pasquale Douglas Mario and Pasquale Teresa Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2009
Sold by
Pasquale Douglas Mario and Pasquale Teresa Kathleen
Bought by
Pasquale Douglas Mario and Pasquale Teresa Kathleen

Purchase Details

Closed on
Oct 17, 2007
Sold by
Pasquale Douglas and Pasquale Teresa
Bought by
Pasquale Douglas Mario and Pasquale Teresa Kathleen

Purchase Details

Closed on
Jan 6, 2006
Sold by
Siegel Allen
Bought by
Siegel Allen and Siegel Living Trust

Purchase Details

Closed on
Apr 2, 2004
Sold by
A & W Siegel Investments Llc
Bought by
Siegel Wallace H and Siegel Phyllis F

Purchase Details

Closed on
Jan 13, 1998
Sold by
Siegel Wallace H and Siegel Phyllis F
Bought by
A & W Siegel Investments Llc
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Li Bin $9,300,000 Fidelity Natl Ttl Orange Cnt
Pasquale Douglas Mario -- Old Republic Title Company
Pasquale Douglas M -- Old Republic Title Company
Pasquale Douglas Mario -- Accommodation
Pasquale Douglas Mario -- None Available
Siegel Allen -- None Available
Siegel Allen -- None Available
Siegel Wallace H -- --
A & W Siegel Investments Llc -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Li Bin $6,000,000
Previous Owner Pasquale Douglas M $1,105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2025 02/01/25 Rented $38,000 -2.6% --
10/29/2024 10/29/24 Off Market $39,000 -- --
09/23/2024 09/23/24 Price Changed $39,000 -13.3% $8 / Sq Ft
08/18/2024 08/18/24 For Rent $45,000 0.0% --
04/09/2021 04/09/21 Sold $9,300,000 -7.0% $1,755 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $9,995,000 -- $1,886 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $104,238 $10,066,618 $8,840,604 $1,226,014
2024 $104,238 $9,869,234 $8,667,259 $1,201,975
2023 $101,811 $9,675,720 $8,497,313 $1,178,407
2022 $100,139 $9,486,000 $8,330,699 $1,155,301
2021 $62,776 $5,931,923 $4,717,194 $1,214,729
2020 $62,174 $5,871,099 $4,668,825 $1,202,274
2019 $60,874 $5,755,980 $4,577,280 $1,178,700
2018 $59,656 $5,643,118 $4,487,529 $1,155,589
2017 $58,599 $5,532,469 $4,399,538 $1,132,931
2016 $57,275 $5,423,990 $4,313,273 $1,110,717
2015 $56,741 $5,342,517 $4,248,484 $1,094,033
2014 $55,402 $5,237,865 $4,165,262 $1,072,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24171262

California Regional Multiple Listing Service (CRMLS)

APN: 048-141-32

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