Seller's Agent in 2020
Don Abrams
Abrams Coastal Properties
(714) 325-9055
68 in this area
95 Total Sales
123 Apolena Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $3,625,000 - $4,370,000
4
Beds
2.5
Baths
2,426
Sq Ft
$1,686/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- Two Story Ceilings
- Main Floor Bedroom
- Abraham Lincoln Elementary School Rated A
- Wood Flooring
- Great Room
About This Home
As of November 2020Leon Yale was the outstanding Balboa Island builder of the 1930’s and 123 Apolena was his crowning achievement. Set in the one hundred block of Apolena known as “Story Book Row”, this restored home is truly one-of-a-kind. Among its superlative features: 4 bedrooms plus a second story great room with its own private staircase, pegged hardwood floors, beamed ceilings, decorative moldings and wainscoting, French doors, leaded glass windows, huge closets with built-in dressers, chef’s galley kitchen, a shaded front patio and enchanted interior courtyard with fountain, Dutch entry door, a beam in the entry way from the original Balboa Island Bridge, and a two-car garage plus 3rd parking space. And, not to be missed: the hand and footprints of the Yale children in the garage cement floor. At 2426 square feet, the home is larger than could be built today offering ideal full-time or vacation living. The one hundred block of Apolena does not allow a turn off of Park Avenue so guest parking is always plentiful. Don’t miss this incredible opportunity to own a Balboa Island treasure!
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 09/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,759
Year Built
- Built in 1937
Lot Details
- 2,550 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Property is zoned R 1.5
Parking
- 2 Car Attached Garage
- 1 Open Parking Space
- Parking Available
- Rear-Facing Garage
- Parking Lot
Home Design
- Cape Cod Architecture
- Colonial Architecture
- Cottage
- Slab Foundation
- Shake Roof
Interior Spaces
- 2,426 Sq Ft Home
- 2-Story Property
- Wet Bar
- Wainscoting
- Two Story Ceilings
- Gas Fireplace
- Great Room
- Living Room with Fireplace
- Corian Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
Laundry
- Laundry Room
- Laundry in Kitchen
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Enclosed patio or porch
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 14 / 5
- Tax Tract Number 100
- Assessor Parcel Number 05011223
Community Details
Overview
- Property has a Home Owners Association
- Balboa Island Improvement Assoc Association, Phone Number (949) 689-1011
- Balboa Island Main Island Subdivision
Amenities
- Picnic Area
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2022
Sold by
Goodwin Vanis Mary
Bought by
Vanis Family 1998 Revocable Trust
Total Days on Market
5
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
$785,000
Outstanding Balance
$758,399
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$3,332,996
Purchase Details
Listed on
Sep 14, 2020
Closed on
Sep 25, 2020
Sold by
Heath Patricia Wolf and Heath Edward G
Bought by
Vanis Mary Goodwin and The Vanis Family 1998 Revocabl
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Gilbert Astruc
Arbor Real Estate
List Price
$2,595,000
Sold Price
$2,575,000
Premium/Discount to List
-$20,000
-0.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$765,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 10, 2001
Sold by
Heath Patricia and Heath Edward G
Bought by
Heath Patricia Wolf and Heath Edward G
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 |
|---|---|---|---|
| Vanis Family 1998 Revocable Trust | -- | Usa National Title | |
| Vanis Mary Goodwin | -- | Usa National Title | |
| Vanis Mary Goodwin | $2,575,000 | Lawyers Title | |
| Heath Patricia Wolf | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vanis Mary Goodwin | $785,000 | |
| Closed | Vanis Family 1998 Revocable Trust | $785,000 | |
| Previous Owner | Vanis Mary Goodwin | $765,000 | |
| Previous Owner | Heath Patricia Wolf | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2020 11/03/20 | Sold | $2,575,000 | -0.8% | $1,061 / Sq Ft |
| 09/19/2020 09/19/20 | Pending | -- | -- | -- |
| 09/14/2020 09/14/20 | For Sale | $2,595,000 | -- | $1,070 / 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 | $20,759 | $1,690,664 | $701,164 | $989,500 |
| 2023 | $20,240 | $1,657,514 | $687,415 | $970,099 |
| 2022 | $17,386 | $1,625,014 | $673,936 | $951,078 |
| 2021 | $27,457 | $2,575,000 | $2,498,371 | $76,629 |
| 2020 | $2,165 | $178,432 | $108,569 | $69,863 |
| 2019 | $2,126 | $174,934 | $106,440 | $68,494 |
| 2018 | $2,085 | $171,504 | $104,353 | $67,151 |
| 2017 | $2,048 | $168,142 | $102,307 | $65,835 |
| 2016 | $2,004 | $164,846 | $100,301 | $64,545 |
| 2015 | $1,982 | $162,370 | $98,794 | $63,576 |
| 2014 | $1,935 | $159,190 | $96,859 | $62,331 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Gilbert Astruc
Buyer's Agent in 2020
Gilbert Astruc
Arbor Real Estate
(949) 675-4822
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20188889
APN: 050-112-23
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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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