108 Pearl Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $2,920,000 - $5,023,000
3
Beds
2
Baths
1,417
Sq Ft
$2,996/Sq Ft
Est. Value
Highlights
- Beach Access
- Bay View
- Updated Kitchen
- Abraham Lincoln Elementary School Rated A
- Ocean Side of Highway 1
- 1-minute walk to Balboa Island Park
About This Home
As of December 2017Treat yourself to the experience of living in one of the most charming cottages on Balboa Island. Located at the quiet end of the island on one of the most desirable tree lined streets; only three homes from South Bay Front with views of the bay and peninsula. This classic beach cottage has exquisite, double take, curb appeal featuring a generous patio set in Jerusalem stone framing a wandering stream passing by a custom fireplace. The attention to detail shows in every aspect of the cottage inside and out. Entertain in your spacious kitchen with tasteful granite counter tops and sharp stainless steel appliances. The open beam ceilings and skylights throughout provide a clean, light, and refreshing ambiance. The stone flooring has a custom built thermostat controlled heating system installed to warm the entire floor downstairs. The downstairs bedroom opens to the courtyard through French doors and features an en-suite bathroom highlighted by a riveting tile mosaic with intricate stone work. Upstairs there are two side by side bedrooms with a shared bath showcasing floor to ceiling sleek stone finishes. Next to your two car garage is an enclosed space for a small vehicle.
Last Agent to Sell the Property
Balboa Island Estates License #01946207 Listed on: 09/20/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,827
Year Built
- Built in 1945 | Remodeled
Lot Details
- 2,550 Sq Ft Lot
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Cottage
- Slab Foundation
- Fire Rated Drywall
- Wood Siding
- Shake Siding
- Pre-Cast Concrete Construction
- Copper Plumbing
Interior Spaces
- 1,417 Sq Ft Home
- 2-Story Property
- Crown Molding
- Two Story Ceilings
- Ceiling Fan
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Drapes & Rods
- Blinds
- Entryway
- Living Room with Fireplace
- Dining Room
- Storage
- Bay Views
Kitchen
- Updated Kitchen
- Built-In Range
- Microwave
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
Flooring
- Stone
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- 2 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Gas Dryer Hookup
Outdoor Features
- Beach Access
- Ocean Side of Highway 1
- Stone Porch or Patio
- Fire Pit
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 0767
- Tax Tract Number 99
- Assessor Parcel Number 05004311
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2017
Closed on
Nov 13, 2017
Sold by
Tarr Judy Gail
Bought by
Lisoy Scott A and Lisoy Family Trust
Seller's Agent
Lucas Kinney
Balboa Island Estates
Buyer's Agent
Scott Lissoy
Scott Lissoy, Broker
List Price
$2,400,000
Sold Price
$2,200,000
Premium/Discount to List
-$200,000
-8.33%
Total Days on Market
48
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
$2,045,542
Avg. Annual Appreciation
9.17%
Original Mortgage
$670,100
Outstanding Balance
$570,162
Interest Rate
3.9%
Mortgage Type
Unknown
Estimated Equity
$3,675,380
Purchase Details
Closed on
Nov 4, 2010
Sold by
Tarr Eric G
Bought by
Tarr Eric Gordon and Tarr Judy Gail
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 |
|---|---|---|---|
| Lisoy Scott A | $2,145,000 | North American Title Co | |
| Tarr Eric Gordon | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lissoy Scott A | $670,100 | |
| Previous Owner | Tarr Judy G | $375,000 | |
| Previous Owner | Tarr Judy G | -- | |
| Previous Owner | Tarr Eric G | $750,000 | |
| Previous Owner | Tarr Eric G | $645,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2017 12/06/17 | Sold | $2,200,000 | -8.3% | $1,553 / Sq Ft |
| 09/20/2017 09/20/17 | For Sale | $2,400,000 | -- | $1,694 / 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 | $12,827 | $1,012,513 | $56 | $1,012,457 |
| 2023 | $12,558 | $992,660 | $55 | $992,605 |
| 2022 | $12,362 | $973,197 | $54 | $973,143 |
| 2021 | $12,160 | $954,115 | $53 | $954,062 |
| 2020 | $1,749 | $131,924 | $53 | $131,871 |
| 2019 | $360 | $87 | $52 | $35 |
| 2018 | $1,850 | $142,177 | $112,104 | $30,073 |
| 2017 | $1,819 | $139,390 | $109,906 | $29,484 |
| 2016 | $1,782 | $136,657 | $107,751 | $28,906 |
| 2015 | $1,689 | $134,605 | $106,133 | $28,472 |
| 2014 | $1,648 | $131,969 | $104,054 | $27,915 |
Source: Public Records
Agents Affiliated with this Home
-
Lucas Kinney
Seller's Agent in 2017
Lucas Kinney
Balboa Island Estates
(562) 328-6286
2 in this area
15 Total Sales
-
Gay Proud
G
Seller Co-Listing Agent in 2017
Gay Proud
Arbor Real Estate
(949) 673-8700
1 Total Sale
-
Scott Lissoy
Buyer's Agent in 2017
Scott Lissoy
Scott Lissoy, Broker
(949) 224-1970
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17217387
APN: 050-043-11
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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
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