121 Emerald Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $1,266,000 - $7,387,000
4
Beds
4.5
Baths
2,380
Sq Ft
$2,201/Sq Ft
Est. Value
Highlights
- Roof Top Spa
- Rooftop Deck
- Open Floorplan
- Abraham Lincoln Elementary School Rated A
- View of Catalina
- 3-minute walk to Balboa Island Park
About This Home
As of March 2021Built new in 2018, this Contemporary Cape Cod residence is Balboa living at its finest. Panoramic glass walls fully open the first floor living space to the front patio, allowing relaxation while watching passersby - a favorite island past time. A perfect entertainer’s home, the open floor plan flows from the living room to the kitchen, across from a patio with a built-in BBQ. The interior is meticulously designed with only the highest quality materials, including stunning wood floors, custom cabinetry, and high-end appliances. Take the custom artisan glass elevator or staircase to the second floor bedrooms, where the master and two secondary bedrooms each have en-suite bathrooms. On the rooftop, the third floor has a covered outdoor kitchen and dining area, and an open patio with a jacuzzi, fire pit, and panoramic views of the bay, island and sunset. This idyllic property is located on the quiet west side of the island, where life tends to move at a more leisurely pace.
Last Agent to Sell the Property
Arbor Real Estate License #01191748 Listed on: 01/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $57,446
Year Built
- Built in 2018
Lot Details
- 2,550 Sq Ft Lot
- Vinyl Fence
- Block Wall Fence
- Level Lot
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Rear-Facing Garage
Property Views
- Harbor
- Catalina
Home Design
- Cape Cod Architecture
- Contemporary Architecture
- Turnkey
- Metal Roof
Interior Spaces
- 2,380 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Built-In Features
- High Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Raised Hearth
- Gas Fireplace
- Double Pane Windows
- Casement Windows
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room
- Storage
Kitchen
- Open to Family Room
- Double Convection Oven
- Gas Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- ENERGY STAR Qualified Appliances
- Kitchen Island
- Quartz Countertops
- Pots and Pans Drawers
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Walk-In Closet
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Pool
- Roof Top Spa
- Above Ground Spa
Outdoor Features
- Balcony
- Rooftop Deck
- Fireplace in Patio
- Patio
- Outdoor Fireplace
- Fire Pit
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
- Front Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts For Spa
- 220 Volts in Garage
- Tankless Water Heater
- Gas Water Heater
- Water Purifier
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 99
- Assessor Parcel Number 05001121
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 23, 2021
Sold by
Pac 11 Ca 2021 Llc
Bought by
Pac 11 Ca 2021 Llc
Total Days on Market
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,217,500
Outstanding Balance
$2,965,710
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$2,273,290
Purchase Details
Listed on
Jan 25, 2021
Closed on
Feb 18, 2021
Sold by
Callero Christopher A and Callero Melissa P
Bought by
Pac 11 Ca 2021 Llc
Seller's Agent
Ron Millar
Arbor Real Estate
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$4,995,000
Sold Price
$4,950,000
Premium/Discount to List
-$45,000
-0.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.36%
Purchase Details
Closed on
May 11, 2018
Sold by
Stonewood Homes Llc
Bought by
Callero Christopher A and Callero Mellssa P
Purchase Details
Closed on
Mar 22, 2017
Sold by
Lipoff Eric G
Bought by
Stonewood Homes Ll
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.3%
Purchase Details
Closed on
Mar 3, 2016
Sold by
Hawkinson John W
Bought by
Lipoff Eric G
Purchase Details
Closed on
Jul 14, 2010
Sold by
Hawkinson William J
Bought by
Hawkinson William
Purchase Details
Closed on
Aug 20, 2009
Sold by
Hawkinson William and Hawkinson Kathleen
Bought by
Hawkinson William and Hawkinson Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.77%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jun 8, 2007
Sold by
Hawksinon William and Hawkinson Kathleen
Bought by
Hawkinson William and Hawkinson Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.98%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jan 20, 2006
Sold by
Hawkinson William J and Hawkinson Kathleen R
Bought by
Hawkinson William and Hawkinson Kathleen
Similar Homes in the area
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pac 11 Ca 2021 Llc | -- | First American Title Company | |
| Pac 11 Ca 2021 Llc | $4,950,000 | Fidelity Natl Ttl Orange Cnt | |
| Callero Christopher A | $4,575,000 | Lawyers Title Co | |
| Stonewood Homes Ll | -- | -- | |
| Lipoff Eric G | $2,020,000 | Lawyers Title | |
| Hawkinson William | -- | None Available | |
| Hawkinson William | -- | Placer Title Company | |
| Hawkinson William | -- | United Title Company | |
| Hawkinson William | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pac 11 Ca 2021 Llc | $3,217,500 | |
| Closed | Pac 11 Ca 2021 Llc | $50,000 | |
| Previous Owner | Stonewood Homes Ll | $0 | |
| Previous Owner | Eric G | $1,000,000 | |
| Previous Owner | Hawkinson William | $938,250 | |
| Previous Owner | Hawkinson William | $544,185 | |
| Closed | Stonewood Homes Ll | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2021 03/17/21 | Sold | $4,950,000 | -0.9% | $2,080 / Sq Ft |
| 01/25/2021 01/25/21 | For Sale | $4,995,000 | +9.2% | $2,099 / Sq Ft |
| 09/10/2018 09/10/18 | Sold | $4,575,000 | +0.3% | $1,922 / Sq Ft |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 04/13/2018 04/13/18 | For Sale | $4,560,000 | -- | $1,916 / 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 |
|---|---|---|---|---|
| 2024 | $57,446 | $5,252,979 | $4,230,533 | $1,022,446 |
| 2023 | $56,150 | $5,149,980 | $4,147,581 | $1,002,399 |
| 2022 | $55,230 | $5,049,000 | $4,066,255 | $982,745 |
| 2021 | $51,728 | $4,714,844 | $3,776,417 | $938,427 |
| 2020 | $49,491 | $4,666,500 | $3,737,695 | $928,805 |
| 2019 | $48,458 | $4,575,000 | $3,664,406 | $910,594 |
| 2018 | $24,850 | $2,330,918 | $2,201,458 | $129,460 |
| 2017 | $22,044 | $2,060,400 | $1,933,651 | $126,749 |
| 2016 | $2,007 | $165,092 | $107,761 | $57,331 |
| 2015 | $1,984 | $162,613 | $106,143 | $56,470 |
| 2014 | $1,937 | $159,428 | $104,064 | $55,364 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Millar
Seller's Agent in 2021
Ron Millar
Arbor Real Estate
(949) 233-8080
2 in this area
46 Total Sales
-
Mesha Swart
Seller Co-Listing Agent in 2021
Mesha Swart
Arbor Real Estate
(949) 400-4517
2 in this area
44 Total Sales
-
Dean Ledger
Buyer's Agent in 2021
Dean Ledger
Emerald Bay Real Estate
(949) 222-0977
2 in this area
32 Total Sales
-
Jodi DiTolla
Seller's Agent in 2018
Jodi DiTolla
DiTolla Real Estate
(949) 228-7263
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21002872
APN: 050-011-21
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