NOT LISTED FOR SALE

Estimated Value: $5,173,000 - $6,036,000

3 Beds
3.5 Baths
2,451 Sq Ft
$2,301/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $3,400,000 $1,387 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $34,241/month

65 Days on Market

Highlights

  • Bay View
  • Cape Cod Architecture
  • 2 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • 4-minute walk to Balboa Island Park

About This Home

As of March 2019

Brand new exquisite Island home in the highly coveted "100 block" of Ruby. Resting ideally in the heart of Balboa Island, this turnkey 3 bedroom, 3.5 bath home features a wonderful open floorplan providing comfortable Island living, a fantastic elevated front patio with views of the Bay, a courtyard, and roof deck. The large main floor provides a spacious open great room with stunning 9-inch wood floors with fireplace, tranquil private courtyard, and a gourmet kitchen with Island, designer backsplash, Thermador and Wolf appliances, and much more. The second level has three bedrooms plus a den/bonus room, and includes a luxurious master retreat with vaulted ceilings, wrap-around balcony, spa-like bath, and large walk-in closet. The third level offers an impressive bonus room, and a large sunny roof deck with beautiful Fashion Island and City lights views - ideal for indoor/outdoor living and entertaining. The home also comes elevator ready to all three levels, and offers a substantial two-car finished garage.

Last Agent to Sell the Property

Ryan Gunderson

Arbor Real Estate License #01869795 Listed on: 01/04/2019

Arbor Real Estate

Last Buyer's Agent

Nancy Bear

Abrams Coastal Properties License #01193918

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,169

Year Built

  • Built in 2018

Lot Details

  • 2,550 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Composition Roof

Interior Spaces

  • 2,451 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 100
  • Assessor Parcel Number 05010122

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,169

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05010122
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2451.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1387.19
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • View: Bay, City Lights
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Freezer, Disposal, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 15
  • Tax Tract Number: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Mar 18, 2019
Sold by
Ardr Realty Llc
Bought by
Kruse Elizabeth
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Nancy Bear
Abrams Coastal Properties
List Price
$3,795,000
Sold Price
$3,400,000
Premium/Discount to List
-$395,000
-10.41%
Current Estimated Value
$5,639,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,239,271
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Jan 16, 2016
Closed on
Aug 10, 2016
Sold by
Terp Katherine D
Bought by
Ardr Realty Llc
Seller's Agent
Doug Harris
Regency Real Estate Brokers
Buyer's Agent
Laura Gale
HOM Sotheby's International
List Price
$1,990,000
Sold Price
$1,600,000
Premium/Discount to List
-$390,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.78%

Purchase Details

Closed on
May 13, 1994
Sold by
Dresser Henry S
Bought by
Terp Katherine D
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kruse Elizabeth $3,400,000 Orange Coast Ttl Co Of Socal
Ardr Realty Llc $1,600,000 Orange Coast Title
Terp Katherine D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $3,400,000 -5.4% $1,387 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $3,595,000 -5.3% $1,467 / Sq Ft
01/04/2019 01/04/19 For Sale $3,795,000 0.0% $1,548 / Sq Ft
01/23/2017 01/23/17 Rented $4,000 -11.1% --
12/23/2016 12/23/16 Price Changed $4,500 -6.3% $3 / Sq Ft
09/15/2016 09/15/16 Price Changed $4,800 -7.7% $3 / Sq Ft
08/29/2016 08/29/16 For Rent $5,200 0.0% --
08/18/2016 08/18/16 Sold $1,600,000 -11.1% $942 / Sq Ft
07/24/2016 07/24/16 Price Changed $1,799,000 -9.6% $1,059 / Sq Ft
06/15/2016 06/15/16 For Sale $1,990,000 0.0% $1,172 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
02/28/2016 02/28/16 Price Changed $1,990,000 -5.2% $1,172 / Sq Ft
01/16/2016 01/16/16 For Sale $2,099,900 +31.2% $1,237 / Sq Ft
01/11/2016 01/11/16 Off Market $1,600,000 -- --
11/16/2015 11/16/15 Price Changed $2,099,900 -4.5% $1,237 / Sq Ft
09/13/2015 09/13/15 For Sale $2,199,000 -- $1,295 / 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
2025 $42,169 $3,792,762 $2,710,493 $1,082,269
2024 $42,169 $3,718,395 $2,657,346 $1,061,049
2023 $41,154 $3,645,486 $2,605,241 $1,040,245
2022 $37,959 $3,574,006 $2,554,157 $1,019,849
2021 $37,230 $3,503,928 $2,504,076 $999,852
2020 $36,873 $3,468,000 $2,478,400 $989,600
2019 $26,371 $2,474,064 $1,603,062 $871,002
2018 $17,910 $1,670,494 $1,571,630 $98,864
2017 $17,197 $1,600,000 $1,540,814 $59,186
2016 $1,759 $134,523 $105,617 $28,906
2015 $1,740 $132,503 $104,031 $28,472
2014 $1,700 $129,908 $101,993 $27,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19001100

California Regional Multiple Listing Service (CRMLS)

APN: 050-101-22