NOT LISTED FOR SALE

Estimated Value: $3,555,000 - $3,769,000

2 Beds
2 Baths
904 Sq Ft
$4,082/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $2,468,080 $2,730 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $22,109/month

Highlights

  • Fishing
  • Bay View
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A
  • Open Floorplan
  • High Ceiling

About This Home

As of June 2022

South Bayfront close and sixteen steps to the sand, this fully furnished, gorgeous, designer two bedroom, two bath home has stunning views of the Newport Harbor. It is conveniently located one block from Marine Avenue and a short walk to the Ferry. With two stories at approximately 900 SqFt, this residence features a spacious front deck with ample dining and a BBQ. The Galley Kitchen has volume ceilings, a farmhouse angled sink, and Dutch doors opening to the deck. The coffer ceilings in the living room, from the original structure built in 1927, with wood beams and T&G paneling extend to the dining room off the kitchen, which has gorgeous bay views. Board and Batt paneling throughout, there is an abundance of built-in storage located in both of the bedrooms as well as custom closets. AVAILABLE FOR THE MONTHS OF JUNE AND AUGUST ONLY (WEEKLY OR MONTHLY).

Last Agent to Rent the Property

Georgie Fenton

Coldwell Banker Realty License #00990939 Listed on: 05/02/2022

Coldwell Banker Realty

Last Renter's Agent

Georgie Fenton

Coldwell Banker Realty License #00990939 Listed on: 05/02/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,591

Year Built

  • Built in 1924

Lot Details

  • 1,050 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Home Design

  • Copper Plumbing

Interior Spaces

  • 904 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Built-In Range
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Corian Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • 220 Volts
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Security Deposit $1,000
  • Rent includes all utilities
  • Available 6/1/22
  • Legal Lot and Block 1 / 1
  • Tax Tract Number 102
  • Assessor Parcel Number 05017210

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,591

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Available Date: 2022-06-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1000
  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Call

Listing Details

  • Structure Type: House
  • Inclusions: Fully furnished, stacked washer and dryer
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05017210
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 904.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 17.70
  • Room Type: Galley Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Corian Counters, Linen Closet/Storage
  • Room Kitchen Features: Pots & Pan Drawers, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • View: Bay, Water
  • Pool Private: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Tankless Water Heater, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Baseboard
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 1050.00
  • Lot Size Acres: 0.0241

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 1050.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 630.06
  • Tax Lot: 1
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2023
Sold by
Grumet Theresa
Bought by
Met Trust
Current Estimated Value
$3,690,317

Purchase Details

Listed on
Jun 18, 2021
Closed on
Oct 13, 2021
Sold by
Grumet Harry
Bought by
Grumet Theresa
Seller's Agent
Scott Hoffman
eXp Realty of California Inc
Buyer's Agent
Georgie Fenton
Coldwell Banker Realty
List Price
$2,488,080
Sold Price
$2,468,080
Premium/Discount to List
-$20,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$1,300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 18, 2021
Sold by
Johnson Christine S and Christine S Johnson Trust
Bought by
Grumet Theresa
Seller's Agent
Scott Hoffman
eXp Realty of California Inc
Buyer's Agent
Georgie Fenton
Coldwell Banker Realty
List Price
$2,488,080
Sold Price
$2,468,080
Premium/Discount to List
-$20,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2004
Sold by
Johnson Christine S
Bought by
Johnson Christine S and Christine S Johnson Trust

Purchase Details

Closed on
Sep 25, 2003
Sold by
Schnieders Jim and Zillgitt Evelyn Ruth
Bought by
Johnson Christine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Met Trust -- --
Grumet Theresa -- Western Resources Title
Grumet Theresa $2,468,500 Western Resources Title
Johnson Christine S -- --
Johnson Christine S $1,015,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grumet Theresa $1,300,000
Previous Owner Johnson Christine S $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2022 06/07/22 Rented $16,000 +18.5% --
05/20/2022 05/20/22 Price Changed $13,500 -6.9% $15 / Sq Ft
05/11/2022 05/11/22 Price Changed $14,500 -12.1% $16 / Sq Ft
05/02/2022 05/02/22 For Rent $16,500 0.0% --
10/14/2021 10/14/21 Sold $2,468,080 0.0% $2,730 / Sq Ft View Prior Sale
08/21/2021 08/21/21 Price Changed $2,468,080 -0.8% $2,730 / Sq Ft
06/18/2021 06/18/21 For Sale $2,488,080 -- $2,752 / 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 $29,591 $2,629,168 $2,524,703 $104,465
2024 $29,591 $2,571,397 $2,475,199 $96,198
2023 $28,837 $2,517,441 $2,426,666 $90,775
2022 $26,327 $2,468,080 $2,379,084 $88,996
2021 $15,447 $1,433,518 $1,312,347 $121,171
2020 $15,298 $1,418,820 $1,298,891 $119,929
2019 $14,984 $1,391,000 $1,273,422 $117,578
2018 $14,687 $1,363,726 $1,248,453 $115,273
2017 $14,427 $1,336,987 $1,223,974 $113,013
2016 $14,105 $1,310,772 $1,199,974 $110,798
2015 $13,971 $1,291,083 $1,181,949 $109,134
2014 $13,642 $1,265,793 $1,158,796 $106,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22085379

California Regional Multiple Listing Service (CRMLS)

APN: 050-172-10