108 Emerald Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,406,000 - $5,564,000
4
Beds
4
Baths
2,417
Sq Ft
$1,980/Sq Ft
Est. Value
Highlights
- Bay View
- Dual Staircase
- Main Floor Bedroom
- Abraham Lincoln Elementary School Rated A
- Fireplace in Primary Bedroom
- 2-minute walk to Balboa Island Park
About This Home
As of August 2017Beautiful custom home situated in a premier location on the desirable “Quiet End” of Balboa Island - just two doors from the Bay. This stylish four bedroom (plus large bonus room), four bath home offers an array of indoor/outdoor living, an impressive floorplan, and is loaded with detail. The large main floor enjoys an oversized covered patio with two different seating areas and custom folding doors into the expansive great room. Enjoy a gourmet kitchen with quartz countertops, dining area, picturesque glass wine cellar under the stairs, and unique built-in bar with views of the Bay. The balance of the first floor also includes a bedroom, pristinely remodeled bath with shower, large two-car garage, rear staircase, and an exterior side area with room to park a golf cart. The upper level offers a deluxe master retreat with oversized walk-in closet, spacious bath, fireplace, and an impressive deck with serene views of the Bay. The second level also includes two large guest rooms (one can be used as an office), two baths, laundry, and a spacious bonus room with built-in kitchenette - which contains a dishwasher and refrigerator. Escape to the third floor with the charming wrap/storage room, and then out to a spectacular and mesmerizing roof deck with OUTSTANDING views of the Bay. The combination of an elite location, and abundance of outdoor space makes this one of the best homes Balboa Island has to offer.
Last Agent to Sell the Property
Arbor Real Estate License #01869795 Listed on: 07/11/2017
Last Buyer's Agent
Brianna Becker
Crescent Properties License #01330509
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,584
Year Built
- Built in 1975
Lot Details
- 2,550 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
Property Views
- Bay
- City Lights
Interior Spaces
- 2,417 Sq Ft Home
- 3-Story Property
- Dual Staircase
- Living Room with Fireplace
- Eat-In Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Stacked Washer and Dryer
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Central Heating
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 99
- Assessor Parcel Number 05004107
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2017
Closed on
Aug 7, 2017
Sold by
Klingerman Paul Lester and Klingerman Cathi Lee
Bought by
Emerald Stone Llc
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Brianna Becker
Crescent Properties
List Price
$2,860,000
Sold Price
$2,830,000
Premium/Discount to List
-$30,000
-1.05%
Total Days on Market
10
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
$1,954,703
Avg. Annual Appreciation
6.87%
Original Mortgage
$2,405,000
Outstanding Balance
$2,043,520
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$2,697,993
Purchase Details
Closed on
May 16, 2008
Sold by
Klingerman Paul Lester and Klingerman Cathi Lee
Bought by
Lester Paul and Klingerman Cathi Lee
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
5.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Nov 2, 2001
Sold by
Nguyen Helen Hong Yen
Bought by
Klingerman Paul Lester and Klingerman Cathi Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.73%
Purchase Details
Closed on
May 18, 1998
Sold by
Paul Klingerman and Lee Cathi Lee
Bought by
Klingerman Paul Lester and Klingerman Cathi Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.13%
Purchase Details
Closed on
May 16, 1994
Sold by
Swanson John L and Swanson Suzanne B
Bought by
Klingerman Paul Lester and Klingerman Cathi Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7.75%
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 |
|---|---|---|---|
| Emerald Stone Llc | $2,830,000 | Lawyers Title | |
| Lester Paul | -- | Accommodation | |
| Klingerman Paul Lester | -- | Stewart Title | |
| Klingerman Paul Lester | -- | Commonwealth Land Title | |
| Klingerman Paul Lester | $700,000 | United Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Emerald Stone Llc | $2,405,000 | |
| Previous Owner | Klingerman Paul Lester | $1,300,000 | |
| Previous Owner | Lester Paul | $0 | |
| Previous Owner | Klingerman Paul Lester | $750,000 | |
| Previous Owner | Klingerman Paul Lester | $200,000 | |
| Previous Owner | Klingerman Paul Lester | $100,000 | |
| Previous Owner | Klingerman Paul Lester | $645,000 | |
| Previous Owner | Klingerman Paul Lester | $600,000 | |
| Previous Owner | Klingerman Paul Lester | $328,000 | |
| Previous Owner | Klingerman Paul Lester | $410,000 | |
| Previous Owner | Klingerman Paul Lester | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2017 08/29/17 | Sold | $2,830,000 | -1.0% | $1,171 / Sq Ft |
| 07/21/2017 07/21/17 | Pending | -- | -- | -- |
| 07/11/2017 07/11/17 | For Sale | $2,860,000 | -- | $1,183 / 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 | $35,584 | $3,175,308 | $2,893,486 | $281,822 |
| 2023 | $34,786 | $3,113,048 | $2,836,751 | $276,297 |
| 2022 | $34,066 | $3,036,808 | $2,781,128 | $255,680 |
| 2021 | $33,421 | $2,974,835 | $2,726,596 | $248,239 |
| 2020 | $31,360 | $2,944,332 | $2,698,638 | $245,694 |
| 2019 | $30,708 | $2,886,600 | $2,645,723 | $240,877 |
| 2018 | $30,095 | $2,830,000 | $2,593,846 | $236,154 |
| 2017 | $11,817 | $1,096,005 | $819,422 | $276,583 |
| 2016 | $11,551 | $1,074,515 | $803,355 | $271,160 |
| 2015 | $11,441 | $1,058,375 | $791,288 | $267,087 |
| 2014 | $11,170 | $1,037,643 | $775,787 | $261,856 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Gunderson
R
Seller's Agent in 2017
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
-
B
Buyer's Agent in 2017
Brianna Becker
Crescent Properties
(310) 424-2720
1 in this area
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17153276
APN: 050-041-07
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 121 Emerald Ave Unit 2
- 121 Emerald Ave Unit 1
- 129 N Bay Front
- 211 Pearl Ave
- 210 Collins Ave
- 310 Fernando St Unit 410
- 310 Fernando St Unit 303
- 222 Ruby Ave
- 318 Coronado St
- 207 E Edgewater Ave Unit A
- 207 E Edgewater Ave
- 624 Harbor Island Dr
- 126 Ruby Ave
- 209 Diamond Ave
- 20 Harbor Island
- 201 Diamond Ave
- 316 Diamond Ave
- 315 E Bay Ave
- 736 Harbor Island Dr
- 748 Harbor Island Dr
- 108 Emerald Ave
- 106 Emerald Ave
- 110 Emerald Ave
- 112 Emerald Ave
- 114 Emerald Ave Unit 1/2
- 114 Emerald Ave
- 113 Garnet Ave
- 202 S Bay Front
- 115 Garnet Ave
- 111 Garnet Ave
- 117 Garnet Ave
- 111 Emerald Ave
- 107 Garnet Ave
- 144 S Bay Front
- 116 Emerald Ave
- 204 S Bay Front
- 119 Garnet Ave Unit B
- 119 Garnet Ave
- 206 S Bay Front
- 113 Emerald Ave