Seller's Agent in 2016
Don Abrams
Abrams Coastal Properties
(714) 325-9055
68 in this area
96 Total Sales
118 Apolena Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $3,723,000 - $5,445,000
4
Beds
3
Baths
2,085
Sq Ft
$2,281/Sq Ft
Est. Value
Highlights
- Rooftop Deck
- Primary Bedroom Suite
- Open Floorplan
- Abraham Lincoln Elementary School Rated A
- City Lights View
- Dumbwaiter
About This Home
As of May 2016PRICE REDUCED $115,000 ON THIS COMPLETELY TURNKEY BALBOA ISLAND CLASSIC BEACH COTTAGE! Built in 1933 by famed architect and builder Leon Yale, this home is ideally located on the "Story Book Row" 100 block of Apolena Avenue, just up the street from the South Bayfront. The perfect blend of old and new, there are 4 bedrooms, 1 on the main floor, 3 bathrooms, vaulted ceilings throughout, restored wood flooring, tongue & groove interior walls, NEST controlled cooling & heating systems, double paned windows, Italian Carrera marble countertops in the kitchen, 2 new tankless hotwater heaters, dumbwaiter service from first floor & many unique interior wood carved niches. The master suite is a timeless oasis of luxury with a cozy fireplace, soaking tub, double walk-in closets and private outside terrace with spiral staircase that leads to a spacious new rooftop deck with lounge seating, complete kitchen, and fireplace. The exterior landscaping features a brick patio in the front entrance with a tranquil fountain and relaxing picket-fenced sitting area and a private covered back patio perfect for outdoor entertaining. The home has also been a successful vacation rental and would be a great investment property as well as one of Balboa Island's finest homes!
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 01/29/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $37,847
Year Built
- Built in 1933 | Remodeled
Lot Details
- 2,550 Sq Ft Lot
- Property fronts an alley
- Wood Fence
- Property is zoned B1
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Property Views
- City Lights
- Peek-A-Boo
Home Design
- Cottage
- Turnkey
- Brick Exterior Construction
- Shake Roof
- Wood Roof
Interior Spaces
- 2,085 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wainscoting
- Beamed Ceilings
- Ceiling Fan
- Double Pane Windows
- French Doors
- Great Room
- Living Room with Fireplace
- Dining Room
- Wood Flooring
Kitchen
- Dumbwaiter
- Gas Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Rooftop Deck
- Covered patio or porch
- Fireplace in Patio
- Exterior Lighting
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Agricultural Well Water Source
- Tankless Water Heater
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 21 / 6
- Tax Tract Number 101
- Assessor Parcel Number 05011305
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2016
Closed on
Apr 25, 2016
Sold by
Premier Trust Inc
Bought by
Timothy J & Judith L Smith Family Trust
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
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
$1,945,863
Avg. Annual Appreciation
5.85%
Purchase Details
Closed on
Sep 20, 2013
Sold by
Robertson John and Robertson John C
Bought by
The Jcrv Trust and Premier Trust Inc
Purchase Details
Listed on
Jan 16, 2013
Closed on
Feb 14, 2013
Sold by
Martin Barbara
Bought by
Robertson John
Seller's Agent
Goly Van Orden
Lora Vance, Realtor
Buyer's Agent
Robyn Webb
Sadri Group
List Price
$2,195,000
Sold Price
$2,050,000
Premium/Discount to List
-$145,000
-6.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,200,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 29, 1999
Sold by
Reynolds Sallie T and Reynolds Sallie 1995
Bought by
Martin Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.1%
Purchase Details
Closed on
Jan 10, 1997
Sold by
Seaver Martha and Walecka Martha Seaver
Bought by
Reynolds Sallie T and Sallie T Reynolds 1995 Trust
Purchase Details
Closed on
Dec 18, 1995
Sold by
Seaver Christopher Tiernan
Bought by
Reynolds Sallie T and Sallie T Reynolds 1995 Trust
Purchase Details
Closed on
Mar 15, 1995
Sold by
Reynolds John L and Reynolds Sallie T
Bought by
Reynolds Sallie T and Sallie T Reynolds 1995 Trust
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 |
|---|---|---|---|
| Timothy J & Judith L Smith Family Trust | $2,850,000 | First American Title Company | |
| The Jcrv Trust | -- | None Available | |
| Robertson John | $2,050,000 | Orange Coast Title Company | |
| Martin Barbara | $650,000 | Guardian Title Company | |
| Reynolds Sallie T | -- | -- | |
| Reynolds Sallie T | -- | -- | |
| Reynolds Sallie T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Robertson John | $1,200,000 | |
| Previous Owner | Martin Barbara | $150,000 | |
| Previous Owner | Martin Barbara | $250,000 | |
| Previous Owner | Martin Barbara | $500,000 | |
| Previous Owner | Martin Barbara | $500,000 | |
| Previous Owner | Martin Barbara | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/18/2016 05/18/16 | Sold | $2,850,000 | -1.0% | $1,367 / Sq Ft |
| 04/18/2016 04/18/16 | Pending | -- | -- | -- |
| 03/01/2016 03/01/16 | Price Changed | $2,880,000 | -3.8% | $1,381 / Sq Ft |
| 01/29/2016 01/29/16 | For Sale | $2,995,000 | +46.1% | $1,436 / Sq Ft |
| 04/12/2013 04/12/13 | Sold | $2,050,000 | -6.6% | $808 / Sq Ft |
| 02/11/2013 02/11/13 | Pending | -- | -- | -- |
| 01/16/2013 01/16/13 | For Sale | $2,195,000 | -- | $865 / 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 |
|---|---|---|---|---|
| 2025 | $37,847 | $3,373,819 | $3,228,253 | $145,566 |
| 2024 | $37,847 | $3,307,666 | $3,164,954 | $142,712 |
| 2023 | $36,932 | $3,242,810 | $3,102,896 | $139,914 |
| 2022 | $33,807 | $3,179,226 | $3,042,055 | $137,171 |
| 2021 | $33,158 | $3,116,889 | $2,982,407 | $134,482 |
| 2020 | $32,840 | $3,084,930 | $2,951,826 | $133,104 |
| 2019 | $32,157 | $3,024,442 | $2,893,947 | $130,495 |
| 2018 | $31,515 | $2,965,140 | $2,837,203 | $127,937 |
| 2017 | $30,957 | $2,907,000 | $2,781,571 | $125,429 |
| 2016 | $22,903 | $2,149,059 | $2,029,998 | $119,061 |
| 2015 | $22,688 | $2,116,779 | $1,999,506 | $117,273 |
| 2014 | $21,887 | $2,050,000 | $1,960,338 | $89,662 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2016
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
4 in this area
128 Total Sales
-
G
Seller's Agent in 2013
Goly Van Orden
Lora Vance, Realtor
-
R
Seller Co-Listing Agent in 2013
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
69 in this area
104 Total Sales
-
Buyer's Agent in 2013
Robyn Webb
Sadri Group
(714) 328-5999
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP16019068
APN: 050-113-05
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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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