NOT LISTED FOR SALE

Estimated Value: $3,832,000 - $6,201,000

3 Beds
2 Baths
2,760 Sq Ft
$1,622/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $2,220,000 $804 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $25,988/month

78 Days on Market

Highlights

  • Rooftop Deck
  • City Lights View
  • No HOA
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • Game Room

About This Home

As of January 2021

Located just one house from the beach, this home is an architectural work of art. Rebuilt in 2008, it has been designed to maximize its prime location in one of Southern California’s most desirable areas. Embodying the ideal of “beach chic meets soft contemporary,” the house is clothed in crisp whites, cool grays, and warm natural wood, highlighted by pops of color throughout. Spanning more than 2,700 sq. ft. of living space and situated with 3 beds, 2 baths, 2 kitchens, and full-home smart technology via Alexa, the home is an entertainer’s dream and presents an excellent investment as a rental property, entertaining home, or a personal beachside oasis; as situated, the house sleeps up to 10. The first floor also features approx. 700 sq. ft. of flex space with potential as a game room, office, workshop, or even additional bedrooms. Upstairs, wood beams frame the high ceilings of the great room, where a wall of wood and glass doors opens to the spacious upper-level balcony. And the master suite features its own private balcony and en suite bathroom with a generous vanity, walk-in shower, and gorgeous natural light. Further highlighting the unique charm of the property, beautiful brick surrounds the 2-car garage, which features an EV charging outlet. Welcome to this beachside paradise at 407 E Balboa Blvd, where you will enjoy a truly unparalleled location, just minutes from the Pavilion, Balboa Fun Zone, Balboa Pier, and all of the world-class amenities of Newport Beach.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 09/21/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Aneeta Kumar

Keller Williams Realty License #01325889

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,682

Year Built

  • Built in 1931

Lot Details

  • 2,850 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Game Room
  • City Lights Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Rooftop Deck
  • Patio

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 4
  • Tax Tract Number 104
  • Assessor Parcel Number 04812102

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,682

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04812102
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2760.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room, In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 804.35
  • Room Type: Game Room, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Refrigerator
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2850.00
  • Lot Size Acres: 0.0654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 628.00
  • Tax Lot: 3
  • Tax Tract Number: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Tran Diep Ngoc
Bought by
Tran Diep Ngoc and Strawn Christine
Current Estimated Value
$4,475,988

Purchase Details

Closed on
May 26, 2021
Sold by
Vannguyen Cam Van
Bought by
Vannguyen Cam Van and Strawn Christine

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 9, 2020
Sold by
Brunner Robert L and Robert Louis Brunner Living Tr
Bought by
Vannguyen Cam and Tran Diep Ngoc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Aneeta Kumar
Keller Williams Realty
List Price
$2,495,000
Sold Price
$2,220,000
Premium/Discount to List
-$275,000
-11.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%
Original Mortgage
$822,375
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2019
Sold by
Brunner Robert L
Bought by
Burnner Robert L and Robert Louis Brunner Living Trust

Purchase Details

Closed on
Dec 10, 2015
Sold by
Gray Glennon J and Gray Toni S
Bought by
Brunner Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 4, 2011
Sold by
Wood Dennis C
Bought by
Gray Glennon J and Gray Toni S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,537
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2007
Sold by
Wood Dennis C
Bought by
Wood Dennis C and Dennis C Wood Family Trust

Purchase Details

Closed on
Mar 29, 1995
Sold by
Wright Francis C
Bought by
Wood Dennis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
8.5%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Wright Isabell M
Bought by
Wright Isabell M
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
Tran Diep Ngoc -- None Listed On Document
Vannguyen Cam Van -- None Listed On Document
Vannguyen Cam $2,220,000 First American Title Company
Burnner Robert L -- None Available
Brunner Robert L $1,850,000 North American Title Co Inc
Gray Glennon J $1,258,000 Orange Coast Title
Wood Dennis C -- None Available
Wood Dennis C $210,000 Fidelity National Title Ins
Wood Dennis C -- Fidelity National Title Ins
Wright Isabell M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cam Vannguyen $500,000
Previous Owner Vannguyen Cam $822,375
Previous Owner Brunner Robert L $1,295,000
Previous Owner Gray Glennon J $817,537
Previous Owner Wood Dennis C $750,000
Previous Owner Wood Dennis C $125,000
Previous Owner Wood Dennis C $284,000
Previous Owner Wood Dennis C $275,000
Previous Owner Wood Dennis C $255,000
Previous Owner Wood Dennis C $225,000
Previous Owner Wood Dennis C $200,000
Previous Owner Wood Dennis C $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $2,220,000 -11.0% $804 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $2,495,000 -- $904 / 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 $25,682 $2,402,998 $2,165,362 $237,636
2024 $25,682 $2,355,881 $2,122,904 $232,977
2023 $25,432 $2,309,688 $2,081,279 $228,409
2022 $24,913 $2,264,400 $2,040,469 $223,931
2021 $22,567 $2,023,243 $1,810,887 $212,356
2020 $22,366 $2,002,498 $1,792,319 $210,179
2019 $21,925 $1,963,234 $1,757,176 $206,058
2018 $21,604 $1,924,740 $1,722,722 $202,018
2017 $21,237 $1,887,000 $1,688,943 $198,057
2016 $15,457 $1,334,522 $1,135,824 $198,698
2015 $15,538 $1,314,477 $1,118,763 $195,714
2014 $15,187 $1,288,729 $1,096,848 $191,881
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20197211

California Regional Multiple Listing Service (CRMLS)

APN: 048-121-02