$6,600,000
SOLD JUN 4, 2021
3 Beds
2.5 Baths
2,160 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$3,056 Per Sq Ft

10% Above List Price

67 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • Boat Slip
  • Abraham Lincoln Elementary School Rated A
  • Marina View
  • Wood Flooring

About This Home

As of October 2024

This prime south-facing Bay Front home on Newport Harbor's charming Balboa Island comes with stunning, expansive water views and direct access to the beach and a private, shared dock. The location truly doesn't get any better, situated less than two blocks from the quaint shops and restaurants on Marine Avenue and facing the widest, most picturesque part of the harbor. Swimming, sailing, and strolling the boardwalk are all just steps away. The existing home has been lovingly cared for by the same family for almost fifty years and is very livable, though some may choose to remodel or build new. After entering through the Dutch door, you are greeted by a spacious living room with dining area, fireplace and panoramic water views. A picture window connects through to the kitchen, ensuring bay views from nearly every room on the first floor. Rounding out the ground floor is a den and private rear patio and a two car garage with tons of storage space. An additional, private downstairs bedroom and bath with separate entrance off the back patio are perfect for either an office or multi-generational living. Upstairs there are three bedrooms (including a master suite), two of which have sweeping bay views, and two baths.

Last Agent to Sell the Property

David Wilson

JohnHart Real Estate License #01946620 Listed on: 03/25/2021

JohnHart Real Estate

Last Buyer's Agent

David Wilson

JohnHart Real Estate License #01946620 Listed on: 03/25/2021

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,787

Year Built

  • Built in 1948

Lot Details

  • 2,550 Sq Ft Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Rectangular Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Marina
  • Bay
  • Harbor

Interior Spaces

  • 2,160 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Range
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Open Patio

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 05017112

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,787

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-N9
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05017112
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2160.00
  • Interior Amenities: Built-in Features, Crown Molding, Storage
  • Entry Location: Ground Level-NoSteps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Gas, Decorative, Living Room
  • Levels: Two
  • Price Per Square Foot: 3055.56
  • Room Type: Bonus Room, Living Room, Master Bedroom, Main Floor Bedroom
  • Bathroom Features: Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Exterior Features: Boat Slip, Dock Private
  • View: Marina, Bay, Harbor, Water
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Counter Top, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Rectangular Lot, Waterfront
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Waterfront Features: Bay Front, Beach Access, Beach Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2025
Sold by
Georges And Souha Attar Family Trust and Attar Georges W
Bought by
250 Sog Balboa Llc
Current Estimated Value
$7,208,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,994,660
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$2,213,660

Purchase Details

Closed on
Feb 20, 2025
Sold by
Attar Georges and Attar Souha
Bought by
Georges And Souha Atttar Family Trust and Attar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,994,660
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$2,213,660

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 19, 2024
Sold by
Clarey John Morgan and Christy Jones
Bought by
Attar Georges and Attar Souha
Seller's Agent
Andrea O Hill
Compass
Buyer's Agent
George Hanold
Times Real Estate CA
List Price
$8,950,000
Sold Price
$6,965,000
Premium/Discount to List
-$1,985,000
-22.18%
Views
946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 23, 2021
Sold by
Gilb Linda Gayle Green
Bought by
Gilb Michael Charles
Seller's Agent
David Wilson
JohnHart Real Estate
Buyer's Agent
David Wilson
JohnHart Real Estate
List Price
$5,995,000
Sold Price
$6,600,000
Premium/Discount to List
$605,000
10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$4,950,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 25, 2021
Closed on
Apr 9, 2021
Sold by
Gilb Denice Renee and Gilb Michael Charles
Bought by
Clarey John Morgan and Clarey Christy Jones
Seller's Agent
David Wilson
JohnHart Real Estate
Buyer's Agent
David Wilson
JohnHart Real Estate
List Price
$5,995,000
Sold Price
$6,600,000
Premium/Discount to List
$605,000
10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,950,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2021
Sold by
Gilb Denice Renee and Gilb Michael Charles
Bought by
Gilb Denice Renee and Gilb Michael Charles

Purchase Details

Closed on
Jan 12, 2009
Sold by
Gilb Ruth Valadon
Bought by
Gilb Ruth Valadon and Demiva Trust

Purchase Details

Closed on
Aug 17, 2004
Sold by
Gilb Charles Edwin
Bought by
Gilb Charles Edwin and Gilb Ruth Valadon
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Grant Deed -- Old Republic Title
Grant Deed $6,965,000 First American Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $6,600,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Closed $5,000,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $4,950,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2024 10/22/24 Sold $6,965,000 -2.5% $3,225 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $7,142,123 -4.8% $3,307 / Sq Ft
10/04/2024 10/04/24 Price Changed $7,500,000 -5.1% $3,472 / Sq Ft
09/03/2024 09/03/24 Price Changed $7,900,000 -11.7% $3,657 / Sq Ft
07/20/2024 07/20/24 For Sale $8,950,000 +28.5% $4,144 / Sq Ft
07/18/2024 07/18/24 Off Market $6,965,000 -- --
12/06/2023 12/06/23 Price Changed $8,950,000 -10.1% $4,144 / Sq Ft
08/25/2023 08/25/23 Price Changed $9,950,000 -16.4% $4,606 / Sq Ft
07/27/2023 07/27/23 For Sale $11,900,000 +80.3% $5,509 / Sq Ft
06/04/2021 06/04/21 Sold $6,600,000 +10.1% $3,056 / Sq Ft
03/25/2021 03/25/21 For Sale $5,995,000 -- $2,775 / 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 $76,787 $7,003,972 $6,849,680 $154,292
2023 $74,921 $6,866,640 $6,715,373 $151,267
2022 $71,173 $6,732,000 $6,583,699 $148,301
2021 $5,250 $464,353 $394,578 $69,775
2020 $5,199 $459,592 $390,532 $69,060
2019 $5,097 $450,581 $382,875 $67,706
2018 $4,998 $441,747 $375,368 $66,379
2017 $4,911 $433,086 $368,008 $65,078
2016 $4,804 $424,595 $360,793 $63,802
2015 $4,757 $418,218 $355,374 $62,844
2014 -- $410,026 $348,413 $61,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005315

California Regional Multiple Listing Service (CRMLS)

APN: 050-171-12