NOT LISTED FOR SALE

Estimated Value: $7,122,000 - $7,329,000

5 Beds
3 Baths
3,205 Sq Ft
$2,254/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $3,930,000 $1,226 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $41,290/month

44 Days on Market

Highlights

  • Beach Access
  • Bay View
  • Fireplace in Primary Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of October 2018

Rare opportunity ! This vintage charmed 5 bedroom home is situated on an over sized ( 40 ft wide and 30% larger than standard) parcel on Little Balboa Island just 1 home to the South bayfront and the sand. You will love the open beam ceilings, beautifully refinished hardwood floors, 3 fireplaces, a party sized brick patio with an old fashioned built in BBQ and bay views of Newport Harbor. The fabulous kitchen open to both living and dining rooms. An enormous game/ family room boasts an open entertaining wet bar with ice maker and refrigerator and opens directly to the patio for entertaining. This is island living at it's best.

Last Agent to Sell the Property

Debra Bibb

Pacific Sotheby's Int'l Realty License #00602463 Listed on: 08/17/2018

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Debra Bibb

Pacific Sotheby's Int'l Realty License #00602463 Listed on: 08/17/2018

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 3,485 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,205 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Game Room
  • Bay Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Laundry Located Outside
  • Dryer

Outdoor Features

  • Beach Access
  • Exterior Lighting
  • Rain Gutters

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 103
  • Assessor Parcel Number 05018208

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05018208
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3205.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1226.21
  • Room Type: Family Room, Game Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Bay
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, In Closet, In Garage, Inside, Upper Level, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3485.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2018
Closed on
Oct 23, 2018
Sold by
Spectrum Pab Llc
Bought by
Jones Brogan Kevin H and Jones Brogan Nena
Seller's Agent
Debra Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Debra Bibb
Pacific Sotheby's Int'l Realty
List Price
$4,195,000
Sold Price
$3,930,000
Premium/Discount to List
-$265,000
-6.32%
Current Estimated Value
$7,225,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,295,500
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Apr 12, 2013
Sold by
Spectrum Investments Iv Llc
Bought by
Spectrum Pab Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,730,000
Interest Rate
2.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 2010
Sold by
Belling Phil and Belling Shelley
Bought by
Spectrum Investments Iv Llc

Purchase Details

Closed on
Jul 22, 2009
Sold by
Thomas David C
Bought by
Belling Phil and Belling Shelley

Purchase Details

Closed on
Dec 29, 2008
Sold by
Rutherford Thomas C
Bought by
Belling Phil and Belling Shelley

Purchase Details

Closed on
Sep 23, 2008
Sold by
Spectrum Investments Iv Llc
Bought by
Thomas David C

Purchase Details

Closed on
Jul 30, 2007
Sold by
Jacobs Walter G and Jacobs Susan B
Bought by
Spectrum Investments Iv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,467,500
Interest Rate
6.4%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jones Brogan Kevin H $3,930,000 Lawyers Title
Spectrum Pab Llc -- Fidelity National Title Co
Spectrum Investments Iv Llc -- None Available
Belling Phil -- Fidelity National Title
Belling Phil -- Fidelity National Title
Thomas David C -- Fidelity National Title
Spectrum Investments Iv Llc -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spectrum Pab Llc $1,730,000
Previous Owner Spectrum Investments Iv Llc $2,467,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $3,930,000 -6.3% $1,226 / Sq Ft
09/30/2018 09/30/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $4,195,000 0.0% $1,309 / Sq Ft
09/28/2012 09/28/12 Rented $7,000 -6.7% --
09/25/2012 09/25/12 Under Contract -- -- --
06/18/2012 06/18/12 For Rent $7,500 -- --
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 $44,334 $5,781,372 $4,244,655 $1,536,717
2024 $44,334 $4,161,426 $4,161,426 --
2023 $43,297 $4,079,830 $4,079,830 $0
2022 $43,962 $4,131,131 $3,999,834 $131,297
2021 $43,119 $4,050,129 $3,921,406 $128,723
2020 $42,705 $4,008,600 $3,881,196 $127,404
2019 $41,818 $3,930,000 $3,805,094 $124,906
2018 $31,202 $2,922,104 $2,797,646 $124,458
2017 $30,650 $2,864,808 $2,742,790 $122,018
2016 $29,961 $2,808,636 $2,689,010 $119,626
2015 $29,680 $2,766,448 $2,648,618 $117,830
2014 $34,165 $3,192,776 $3,052,012 $140,764
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18201482

California Regional Multiple Listing Service (CRMLS)

APN: 050-182-08

Your Personal Tour Guide

Ask me questions while you tour the home.