1 Collins Island Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $3,322,000 - $11,268,237
4
Beds
4.5
Baths
3,116
Sq Ft
$2,475/Sq Ft
Est. Value
Highlights
- Marina
- Ocean View
- Home fronts a seawall
- Abraham Lincoln Elementary School Rated A
- Private Dock Site
- 4-minute walk to Balboa Island Park
About This Home
As of August 2020Few locations in Newport Harbor rival historic Collins Island for spectacular harbor views, privacy and access to all of the fun of Newport Beach. Located on the western tip of Balboa Island, across a secured bridge, lies Collins Island’s eight waterfront homes. One Collins Island is a stylish Traditional-style home with 140' of waterfrontage & 270 degree views of Newport harbor’s main channel, turning basin and Balboa Pavilion; from this vantage point you have “front row seats” to the morning crew workouts, all of boating activity of the harbor, sailing regattas, the auto-ferry, paddleboarders, spectacular sunsets and the holiday boat parades. Balboa Island, Newport’s most famous recreational playground, is out your door, swimming, sailing, strolling the waterfront boardwalk, Dad’s Donuts, and Chocolate Covered Frozen bananas are just a short walk away on Marine Ave or a Ferry ride gets you to the World Famous Fun Zone and Balboa Beaches. Ready to beacon its next owner’s Balboa memories, this well-cared for house, rich with character and style, has it all; the perfect oversized waterfront deck, hardwood floors; a big kitchen with white cabinetry and counter seating, a large waterfront living room with a fireplace, a dining area with a fireplace, a downstairs bedroom and bath, a big bayfront master suite with “jaw dropping views,” and two additional bedrooms. The extensive private pier and slip can accommodate a boat to 60 feet. Remodel, or rebuild the home of your dreams.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 02/26/2020
Last Buyer's Agent
Pacific Sotheby’s International Realty License #00936421 Listed on: 02/26/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $103,070
Year Built
- Built in 1961
Lot Details
- 7,003 Sq Ft Lot
- Home fronts a seawall
- Property Fronts a Bay or Harbor
- Home fronts a canal
- Property fronts a private road
- Cul-De-Sac
- Block Wall Fence
- Brick Fence
- Sprinkler System
Parking
- 3 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Automatic Gate
- Assigned Parking
Property Views
- Ocean
- Marina
- Coastline
- Bay
- Harbor
- Views of a pier
- City Lights
- Canal
Home Design
- Colonial Architecture
- Traditional Architecture
- Fixer Upper
- Brick Exterior Construction
- Slab Foundation
- Interior Block Wall
- Composition Roof
- Clapboard
Interior Spaces
- 3,116 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Beamed Ceilings
- Fireplace With Gas Starter
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room with Fireplace
- Laundry Room
Kitchen
- Corian Countertops
- Ceramic Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
Outdoor Features
- Boat Slip
- Private Dock Site
- Docks
- Patio
- Exterior Lighting
- Wrap Around Porch
Location
- Suburban Location
Utilities
- Central Heating
- Underground Utilities
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1723
- Assessor Parcel Number 05001006
Community Details
Overview
- Property has a Home Owners Association
- Collins Island Association, Phone Number (949) 874-4724
- Bisl HOA
Recreation
- Boat Dock
- Pier or Dock
- Marina
- Fishing
- Water Sports
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2020
Closed on
Aug 12, 2020
Sold by
Perine Jorli and Rountree Michael
Bought by
Divided Sky Smkj Llc
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$9,995,000
Sold Price
$8,575,000
Premium/Discount to List
-$1,420,000
-14.21%
Total Days on Market
173
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
-$862,921
Avg. Annual Appreciation
-1.05%
Purchase Details
Closed on
Jul 1, 2019
Sold by
Eichenberg Ladorna Ellison and Perine Jorli
Bought by
Perine Jorli and Rountree Michael
Purchase Details
Closed on
Aug 30, 2015
Sold by
Eichenberg Ladorna Ellison
Bought by
Ladorna Eichenberg Trust
Purchase Details
Closed on
Jul 5, 1996
Sold by
Mathews Thomas H and Mathews Christine E
Bought by
Eichenberg Robert J and Eichenberg Ladorna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Similar Homes in the area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Divided Sky Smkj Llc | $8,575,000 | Chicago Title Company | |
| Perine Jorli | -- | None Available | |
| Perine Jorli | -- | None Available | |
| Ladorna Eichenberg Trust | -- | None Available | |
| Eichenberg Robert J | $320,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sky Smkj Llc | $6,938,543 | |
| Previous Owner | Eichenberg Robert J | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2020 08/31/20 | Sold | $8,575,000 | -7.3% | $2,752 / Sq Ft |
| 07/01/2020 07/01/20 | Price Changed | $9,250,000 | -7.5% | $2,969 / Sq Ft |
| 02/26/2020 02/26/20 | For Sale | $9,995,000 | -- | $3,208 / 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 |
|---|---|---|---|---|
| 2024 | $103,070 | $9,758,188 | $8,725,925 | $1,032,263 |
| 2023 | $92,530 | $8,790,440 | $8,554,829 | $235,611 |
| 2022 | $88,581 | $8,387,088 | $8,387,088 | $0 |
| 2021 | $90,584 | $8,575,000 | $8,222,636 | $352,364 |
| 2020 | $40,994 | $3,859,364 | $3,524,274 | $335,090 |
| 2019 | $40,139 | $3,783,691 | $3,455,171 | $328,520 |
| 2018 | $39,337 | $3,709,501 | $3,387,422 | $322,079 |
| 2017 | $38,640 | $3,636,766 | $3,321,002 | $315,764 |
| 2016 | $37,769 | $3,565,457 | $3,255,884 | $309,573 |
| 2015 | $37,416 | $3,511,901 | $3,206,978 | $304,923 |
| 2014 | $36,459 | $3,443,108 | $3,144,158 | $298,950 |
Source: Public Records
Agents Affiliated with this Home
-
Steve High
Seller's Agent in 2020
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
6 in this area
72 Total Sales
-
Evan Corkett
Seller Co-Listing Agent in 2020
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
5 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG20041306
APN: 050-010-06
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