NOT LISTED FOR SALE

Estimated Value: $3,428,000 - $5,489,000

4 Beds
2 Baths
2,541 Sq Ft
$1,915/Sq Ft Est. Value

Highlights

  • Ocean View
  • Home fronts a canal
  • No HOA
  • Abraham Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • Laundry Room

About This Home

As of December 2019

Balboa Island 4 bedroom, 2 bath front house on Grand Canal and steps to the shops & dining on Marine Street. The home includes a small dock for launching kayaks or stand up paddle boards, a front and back patio, a rooftop deck with 360 degree views, and a 2 car garage.

The home is only 4 Houses to South Bay Front and tucked away from the crowds. Dutch door opens to a light and bright living room which has a wonderful brick wood burning fireplace, remodeled chef's kitchen, and dining area. The main floor bedroom has access to the back patio and can be used as a bedroom or second living space. There are 3 bedrooms upstairs as well as a laundry room. The private rooftop deck offers 360 degree views of the bay front, harbor entrance, and Newport Coast/ Crystal Cove. Unfurnished 12 Month Lease. Pets OK

Last Agent to Rent the Property

Harmony Sparks

Balboa Realty License #02030168 Listed on: 12/02/2019

Last Renter's Agent

Amy Baumgartner

Compass License #01293160

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $36,098

Year Built

  • Built in 1945

Lot Details

  • 2,550 Sq Ft Lot
  • Home fronts a canal
  • No Common Walls

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Canal

Home Design

  • Duplex

Interior Spaces

  • 2,541 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $6,995
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 12/3/19
  • Legal Lot and Block 9 / 2
  • Tax Tract Number 102

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$36,098

Year Built

Built in 1945

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2019-12-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 6995
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2541.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.75
  • Room Type: Main Floor Bedroom

Exterior Features

  • View: Canal, City Lights, Coastline, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Water
  • Waterfront Features: Canal Front

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 630.06
  • Tax Lot: 9
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Cabin 3 Llc
Bought by
113 Grand Canal Llc
Current Estimated Value
$4,865,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,150,000
Outstanding Balance
$5,103,628
Interest Rate
6.08%
Mortgage Type
Construction
Estimated Equity
-$12,387

Purchase Details

Closed on
Nov 24, 2014
Sold by
Schilling Patricia and Schilling Hans
Bought by
Cabin 3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2010
Sold by
The M/E Rohrs Family Lp
Bought by
Schilling Patricia and Schilling Hans

Purchase Details

Closed on
Jun 11, 1997
Sold by
Milton Rohrs Marvin and Heil Elizabeth Heil
Bought by
The M/E Rohrs Family Lp
Source: Public Records

Range of Values:

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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
113 Grand Canal Llc -- Fidelity National Title
113 Grand Canal Llc -- Fidelity National Title
Cabin 3 Llc $2,700,000 Fidelity National Title Co
Schilling Patricia $1,963,500 None Available
The M/E Rohrs Family Lp -- --
Rohrs Marvin Milton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 113 Grand Canal Llc $5,150,000
Closed 113 Grand Canal Llc $5,150,000
Previous Owner Cabin 3 Llc $2,117,500
Previous Owner Cabin 3 Llc $1,700,000
Previous Owner Cabin 3 Llc $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Rented $6,995 0.0% --
12/02/2019 12/02/19 For Rent $6,995 -- --
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 $36,098 $3,200,280 $3,001,075 $199,205
2024 $36,098 $3,136,977 $3,001,075 $135,902
2023 $35,634 $3,118,986 $2,942,231 $176,755
2022 $32,530 $3,057,830 $2,884,540 $173,290
2021 $31,906 $2,997,873 $2,827,980 $169,893
2020 $31,600 $2,967,134 $2,798,983 $168,151
2019 $30,943 $2,908,955 $2,744,101 $164,854
2018 $30,325 $2,851,917 $2,690,295 $161,622
2017 $29,788 $2,795,998 $2,637,545 $158,453
2016 $29,118 $2,741,175 $2,585,828 $155,347
2015 $26,225 $2,451,810 $2,292,298 $159,512
2014 $25,606 $2,403,783 $2,247,395 $156,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19274873

California Regional Multiple Listing Service (CRMLS)

APN: 050-173-17