120 S Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,343,000 - $7,963,000
3
Beds
3
Baths
--
Sq Ft
2,650
Sq Ft Lot
Highlights
- Bay View
- Craftsman Architecture
- Forced Air Heating System
- Abraham Lincoln Elementary School Rated A
- Wood Flooring
- 3-minute walk to Balboa Island Park
About This Home
As of November 2012This rare bay front opportunity sits on the highly coveted southwest tip of Balboa Island with views of the turning basin, Lido, Bay, Harbor, and Collins Islands, plus great sunsets! A large slip with room for multiple boats--one up to 60' in length, and an elevated outdoor dining deck is immediately out front. Inside enjoy an open floor plan with great room, 10' ceilings, and a 2-story, light filled dining room. The master retreat upstairs enjoys privacy and superior harbor views from the bed and bathtub! Two additional bedrooms, a loft/den, plus a downstairs office/study with extensive custom woodwork round out the property. The best of Balboa Island lifestyle is on display here for your discerning buyer. Buyer to verify lot size, square footage, lenght of boat dock and age of structure.
Last Agent to Sell the Property
Keith Randle, Broker License #00993898 Listed on: 10/06/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $77,802
Year Built
- Built in 1986
Lot Details
- 2,650
Parking
- 2 Car Garage
- Rear-Facing Garage
Property Views
- Bay
- Harbor
Home Design
- Craftsman Architecture
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating System
- Sewer Paid
Additional Features
- Fireplace With Gas Starter
- 2,650 Sq Ft Lot
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 1
- Assessor Parcel Number 05001105
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2015
Sold by
Cupps Michael Scott and Cupps Wendy Woodward
Bought by
Non Principal Property Trust and Cupps Wendy Woodward
Total Days on Market
26
Current Estimated Value
Purchase Details
Listed on
Oct 6, 2012
Closed on
Oct 23, 2012
Sold by
Ragan Terry
Bought by
Cupps Michael Scott and Cupps Wendy Woodward
Seller's Agent
Keith Randle
Keith Randle, Broker
Buyer's Agent
Steve Morton
Irvine Ranch Realty
List Price
$6,195,000
Sold Price
$5,950,000
Premium/Discount to List
-$245,000
-3.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.60%
Purchase Details
Closed on
May 26, 2004
Sold by
Diana Lane Lp
Bought by
Ragan Terry
Purchase Details
Closed on
Apr 2, 1998
Sold by
Black Connie A and Se Black Connie A
Bought by
Ragan Terry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
3.95%
Purchase Details
Closed on
Sep 14, 1994
Sold by
Black Connie A and Will Connie A
Bought by
Black Connie A and Connie A Black Separate Property Trust
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 |
|---|---|---|---|
| Non Principal Property Trust | -- | None Available | |
| Cupps Michael Scott | $5,950,000 | Equity Title Orange County-I | |
| Ragan Terry | -- | First American Title Co | |
| Ragan Terry | $2,300,000 | -- | |
| Black Connie A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ragan Terry | $4,015,000 | |
| Previous Owner | Ragan Terry | $2,750,000 | |
| Previous Owner | Ragan Terry | $1,000,000 | |
| Previous Owner | Ragan Terry | $2,400,000 | |
| Previous Owner | Ragan Terry | $1,350,000 | |
| Previous Owner | Ragan Terry | $1,350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2012 11/12/12 | Sold | $5,950,000 | -4.0% | -- |
| 11/01/2012 11/01/12 | Pending | -- | -- | -- |
| 10/06/2012 10/06/12 | For Sale | $6,195,000 | -- | -- |
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 | $77,802 | $7,183,330 | $6,338,237 | $845,093 |
| 2023 | $76,023 | $7,042,481 | $6,213,958 | $828,523 |
| 2022 | $74,788 | $6,904,394 | $6,092,116 | $812,278 |
| 2021 | $73,384 | $6,769,014 | $5,972,663 | $796,351 |
| 2020 | $70,897 | $6,699,607 | $5,911,421 | $788,186 |
| 2019 | $69,413 | $6,568,243 | $5,795,511 | $772,732 |
| 2018 | $68,024 | $6,439,454 | $5,681,873 | $757,581 |
| 2017 | $66,818 | $6,313,191 | $5,570,464 | $742,727 |
| 2016 | $65,309 | $6,189,403 | $5,461,239 | $728,164 |
| 2015 | $64,700 | $6,096,433 | $5,379,206 | $717,227 |
| 2014 | $63,173 | $5,977,013 | $5,273,835 | $703,178 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Randle
K
Seller's Agent in 2012
Keith Randle
Keith Randle, Broker
(949) 689-8880
9 Total Sales
-
Steve Morton
Buyer's Agent in 2012
Steve Morton
Irvine Ranch Realty
(949) 733-9170
25 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12003948
APN: 050-011-05
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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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