NOT LISTED FOR SALE

109 E Edgewater Ave Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $3,431,000 - $4,643,000

3 Beds
3 Baths
2,070 Sq Ft
$2,024/Sq Ft Est. Value

Last Sold December 01, 2012

Last sale price $3,000,000 $1,449 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $25,117/month

60 Days on Market

Highlights

  • Beach Front
  • Coastline Views
  • Cape Cod Architecture
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 2 Car Attached Garage

About This Home

As of December 2012

This classic shingle-sided, traditional style Balboa Peninsula bay front home has spectacular harbor, main turning basin, and beach views and is freshly remodeled with style and attention to detail. Located on the Peninsula's favored walkway of Edgewater Avenue within easy distance of the Newport Harbor Yacht Club, Bay Island, 6th Street Beach and the world famous Balboa Fun Zone, this home is a fit for those who love all the fun of beach living and bay front life. The house with its smart floor plan has recently been remodeled with skill and a handsome palette of finish materials that includes gleaming white cabinetry, stone countertops, stainless steel appliances, ceramic floors that emulate rich hardwoods and extensive use of slab marble throughout to create a turn-key residence. Relax on the beach out your door, enjoy the sailboat races and historic Balboa Peninsula life.

Last Agent to Sell the Property

Steve High

Pacific Sotheby’s International Realty License #00936421 Listed on: 09/10/2012

Pacific Sotheby’s International Realty

Co-Listed By

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496

Last Buyer's Agent

Agi Mezei

Keller Williams Realty License #01167236

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 2,100 Sq Ft Lot
  • Lot Dimensions are 30x70
  • Beach Front
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage
  • Single Garage Door

Property Views

  • Coastline
  • Bay
  • Harbor
  • City Lights

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Shake Roof
  • Concrete Roof
  • Clapboard

Interior Spaces

  • 2,070 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Utilities

  • Two cooling system units
  • Central Heating
  • Sewer Paid

Community Details

  • Custom

Listing and Financial Details

  • Legal Lot and Block 67 / A
  • Tax Tract Number 220
  • Assessor Parcel Number 04805101

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Architectural Style: Cape Cod, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04805101
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2070.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1449.28
  • Room Type: All Bedrooms Up, Living Room, Master Suite

Exterior Features

  • Patio: No
  • View: Bay, City Lights, Coastline, Harbor
  • Fence: No
  • Pool Private: No
  • Roof: Concrete, Shake
  • Spa: No
  • Construction Materials: Clapboard

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 30x70
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Waterfront Features: Bay Front, Beach Front

Tax Info

  • Tax Block: A
  • Tax Lot: 67
  • Tax Tract Number: 220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2012
Closed on
Nov 21, 2012
Sold by
Wilkinson Kathleen Ann
Bought by
Wilkinson Anne Starbird and Sims Mary Ann Wilkinson
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Agi Mezei
Keller Williams Realty
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%
Current Estimated Value
$4,189,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,189,687
Avg. Annual Appreciation
2.58%
Original Mortgage
$2,000,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2012
Closed on
Nov 15, 2012
Sold by
Wilkinson Douglas S
Bought by
Perez Manuel Jessie and Perez Donna Jean
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Agi Mezei
Keller Williams Realty
List Price
$3,495,000
Sold Price
$3,000,000
Premium/Discount to List
-$495,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2008
Sold by
Wilkinson William Everett
Bought by
Wilkinson Douglas S and The Wilkinson Family Trust

Purchase Details

Closed on
May 14, 1997
Sold by
Wilkinson Katherine
Bought by
Wilkinson Douglas S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wilkinson Anne Starbird -- First American Title Company
Perez Manuel Jessie $3,000,000 First American Title Company
Wilkinson Douglas S -- None Available
Wilkinson Douglas S -- Chicago Title Co
Wilkinson William J -- Chicago Title Co
Wilkinson William Everett -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Manuel Jessie $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2012 12/01/12 Sold $3,000,000 -14.2% $1,449 / Sq Ft
09/10/2012 09/10/12 For Sale $3,495,000 -- $1,688 / 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 $38,503 $3,694,281 $3,382,126 $312,155
2024 $38,503 $3,621,845 $3,315,810 $306,035
2023 $37,603 $3,550,829 $3,250,794 $300,035
2022 $37,652 $3,481,205 $3,187,053 $294,152
2021 $37,141 $3,412,947 $3,124,562 $288,385
2020 $36,790 $3,377,952 $3,092,524 $285,428
2019 $36,069 $3,311,718 $3,031,886 $279,832
2018 $35,462 $3,246,783 $2,972,437 $274,346
2017 $34,843 $3,183,121 $2,914,154 $268,967
2016 $34,074 $3,120,707 $2,857,013 $263,694
2015 $33,789 $3,073,832 $2,814,098 $259,734
2014 -- $3,013,620 $2,758,973 $254,647
Source: Public Records

Agents Affiliated with this Home

  • Steve High

    Seller's Agent in 2012

    Steve High

    Pacific Sotheby’s International Realty

    (949) 874-4724

    10 in this area

    69 Total Sales

    Steve High
    Section Image
  • Evan Corkett

    Seller Co-Listing Agent in 2012

    Evan Corkett

    Pacific Sotheby's Int'l Realty

    (949) 285-1055

    7 in this area

    42 Total Sales

    Evan Corkett
    Section Image
  • Agi Mezei

    Buyer's Agent in 2012

    Agi Mezei

    Keller Williams Realty

    (714) 814-6299

    8 Total Sales

    Agi Mezei
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L39749

California Regional Multiple Listing Service (CRMLS)

APN: 048-051-01

California Orange County Newport Beach 92661 Central Newport Beach

109 E Edgewater Ave, Newport Beach, CA

Not Listed for Sale

Detached

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