$7,000,000
SOLD OCT 28, 2024
5 Beds
4 Baths
2,893 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$2,420 Per Sq Ft

4% Below List Price

Highlights

  • Above Ground Spa
  • Fishing
  • All Bedrooms Downstairs
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • Dual Staircase

About This Home

As of October 2024

Wonderful Cape Cod remodeled home. Sold before processing in the MLS.

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties Brokerage Phone: 714-325-9055 License #01234323 Listed on: 10/28/2024

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties Brokerage Phone: 714-325-9055 License #01234323 Listed on: 10/28/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,730

Year Built

  • Built in 1938

Lot Details

  • 3,485 Sq Ft Lot
  • Vinyl Fence
  • Property is zoned R1.5

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Cape Cod Architecture
  • Patio Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,893 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Beamed Ceilings
  • Living Room with Fireplace
  • Bay Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Above Ground Spa
  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 24 / 2
  • Tax Tract Number 103
  • Assessor Parcel Number 05018206
  • $380 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Little Island Subdivision

Recreation

  • Fishing
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,730

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05018206
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2893.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2419.63
  • Room Type: All Bedrooms Down
  • Spa Features: Above Ground
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Bay
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Park, Watersports, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 630.06
  • Tax Lot: 24
  • Tax Tract Number: 103
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2012
Closed on
Feb 23, 2012
Sold by
Northern Jerry L and Northern Deborah
Bought by
Muney Alan and Muney Karen
Seller's Agent
Alice Brownell
Arbor Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,650,000
Sold Price
$2,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$1,500,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2009
Sold by
Volk Richard R
Bought by
Northern Jerry L and Northern Deborah

Purchase Details

Closed on
Jan 5, 2008
Sold by
Volk Richard R
Bought by
Volk Richard R

Purchase Details

Closed on
Nov 29, 2001
Sold by
Volk Richard R and Volk Mari Ann
Bought by
Volk Richard R and Volk Mari Ann

Purchase Details

Closed on
Jul 23, 1997
Sold by
White Thomas A and White Kathy
Bought by
Volk Richard R and Volk Mari Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 1995
Sold by
Haviken Robert C and Haviken Barbara D
Bought by
White Thomas A and White Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8.47%
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 Type Sale Price Title Company
Grant Deed -- North American Title Company
Grant Deed $2,700,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Individual Deed $775,000 Guardian Title Company
Grant Deed $650,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $872,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 New Conventional
Previous Owner $2,040,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $400,000 Credit Line Revolving
Previous Owner $925,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $900,000 Unknown
Previous Owner $205,000 Construction
Previous Owner $616,000 Unknown
Previous Owner $540,000 Purchase Money Mortgage
Previous Owner $520,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Price Changed $12,800 +29.3% $4 / Sq Ft
11/14/2024 11/14/24 For Rent $9,900 0.0% --
10/28/2024 10/28/24 Sold $7,000,000 -4.0% $2,420 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $7,295,000 +175.3% $2,522 / Sq Ft
04/18/2012 04/18/12 Sold $2,650,000 0.0% $703 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $2,650,000 -- $703 / 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
2024 $34,730 $3,263,283 $2,955,432 $307,851
2023 $33,918 $3,199,298 $2,897,483 $301,815
2022 $33,358 $3,136,567 $2,840,669 $295,898
2021 $32,718 $3,075,066 $2,784,969 $290,097
2020 $32,404 $3,043,535 $2,756,412 $287,123
2019 $31,730 $2,983,858 $2,702,364 $281,494
2018 $31,097 $2,925,351 $2,649,376 $275,975
2017 $30,546 $2,867,992 $2,597,428 $270,564
2016 $29,858 $2,811,757 $2,546,498 $265,259
2015 $29,579 $2,769,522 $2,508,247 $261,275
2014 $28,881 $2,715,271 $2,459,114 $256,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24206006

California Regional Multiple Listing Service (CRMLS)

APN: 050-182-06