Seller's Agent in 2023
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
125 Total Sales
928 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
5
Beds
4.5
Baths
4,263
Sq Ft
8,642
Sq Ft Lot
Highlights
- Boat Slip
- Coastline Views
- 0.2 Acre Lot
- Newport Elementary School Rated A
- Filtered Pool
- 2-minute walk to Balboa Peninsula Park
About This Home
As of September 2023Historic Twin Palms is one of Balboa's finest original bayfront estates. Situated on two lots with 60' feet of waterfront, a bayfront swimming pool and two sizeable docks for large boats, this classic property is an extraordinary value for its land and infrastructure alone. This classic traditional style Balboa home has spectacular Newport Harbor views, is filled with charm and character and features over 4,200 square feet of living space with a guest apartment, basement, hardwood floors and period details. Great proximity to the beach and village of Balboa.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 06/07/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $137,116
Year Built
- Built in 1914
Lot Details
- 8,642 Sq Ft Lot
- Lot Dimensions are 60x144
Parking
- 2 Car Garage
Property Views
- Coastline
- Bay
- Harbor
- City Lights
Home Design
- Traditional Architecture
- Cottage
- Composition Roof
Interior Spaces
- 4,263 Sq Ft Home
- Wood Burning Fireplace
- Electric Fireplace
- Gas Fireplace
- Dining Room
- Wood Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Filtered Pool
- Boat Slip
Utilities
- Forced Air Heating System
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 13 / 13
- Tax Tract Number 104
- Assessor Parcel Number 04814131
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2023
Closed on
Sep 15, 2023
Sold by
928 East Balboa Blvd Llc
Bought by
Hitchcock Non-Exempt Subtrust and Hitchcock H
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Luke Lighthouse
Engel & Völkers Newport Beach
List Price
$12,995,000
Sold Price
$12,995,000
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,497,085
Avg. Annual Appreciation
-15.28%
Purchase Details
Listed on
Feb 16, 2017
Closed on
May 26, 2017
Sold by
Newport Bay Homes L P
Bought by
928 East Balboa Blvd Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Rand Penrod
Compass
List Price
$7,695,000
Sold Price
$7,200,000
Premium/Discount to List
-$495,000
-6.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Purchase Details
Listed on
Jun 7, 2012
Closed on
Aug 14, 2012
Sold by
Ruper Robert F
Bought by
Ogilvie Bruce and The Bruce Ogilvie Jr Trust
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$5,600,000
Sold Price
$4,900,000
Premium/Discount to List
-$700,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Purchase Details
Closed on
Oct 3, 2003
Sold by
Ruper Robert F and Ruper Kathleen
Bought by
Ruper Robert F and The Robert F Ruper 1976 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,024,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 13, 2001
Sold by
Ruper Robert F
Bought by
Ruper Robert Frank and Ruper Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.25%
Purchase Details
Closed on
Dec 24, 1995
Sold by
Ruper Kathleen
Bought by
Ruper Robert F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%
Purchase Details
Closed on
Feb 15, 1993
Sold by
Ruper Robert F and Ruper Kathleen
Bought by
Ruper Robert F and Robert F Ruper 1976 Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $12,995,000 | First American Title | |
| Grant Deed | $7,200,000 | First American Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Quit Claim Deed | -- | First American Title Ins Co | |
| Grant Deed | -- | First American Title Insuran |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,024,000 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $1,000,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $12,995,000 | 0.0% | $3,890 / Sq Ft |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/30/2023 08/30/23 | For Sale | $12,995,000 | +80.5% | $3,890 / Sq Ft |
| 06/02/2017 06/02/17 | Sold | $7,200,000 | -6.4% | $2,155 / Sq Ft |
| 05/07/2017 05/07/17 | Pending | -- | -- | -- |
| 02/16/2017 02/16/17 | For Sale | $7,695,000 | +57.0% | $2,303 / Sq Ft |
| 08/24/2012 08/24/12 | Sold | $4,900,000 | -12.5% | $1,149 / Sq Ft |
| 06/07/2012 06/07/12 | For Sale | $5,600,000 | -- | $1,314 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $137,116 | $13,254,900 | $11,578,373 | $1,676,527 |
| 2024 | $137,116 | $12,995,000 | $11,351,346 | $1,643,654 |
| 2023 | $84,565 | $8,031,736 | $6,573,586 | $1,458,150 |
| 2022 | $83,175 | $7,874,251 | $6,444,692 | $1,429,559 |
| 2021 | $81,576 | $7,719,854 | $6,318,325 | $1,401,529 |
| 2020 | $80,794 | $7,640,697 | $6,253,538 | $1,387,159 |
| 2019 | $79,102 | $7,490,880 | $6,130,920 | $1,359,960 |
| 2018 | $77,518 | $7,344,000 | $6,010,705 | $1,333,295 |
| 2017 | $40,576 | $3,821,697 | $2,481,774 | $1,339,923 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
-
Luke Lighthouse
L
Buyer's Agent in 2023
Luke Lighthouse
Engel & Völkers Newport Beach
(949) 887-4746
1 in this area
4 Total Sales
-
Tara Shapiro
Seller's Agent in 2017
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
38 in this area
92 Total Sales
-
Rand Penrod
Buyer's Agent in 2017
Rand Penrod
Compass
(949) 294-5234
62 Total Sales
-
Steve High
Seller's Agent in 2012
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
2 in this area
66 Total Sales
-
Tim Carr
Seller Co-Listing Agent in 2012
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 230-8454
3 in this area
152 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: L39056
APN: 048-141-37
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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