NOT LISTED FOR SALE

Estimated Value: $5,394,000 - $8,706,068

3 Beds
4.5 Baths
2,318 Sq Ft
$3,196/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $6,000,000 $2,588 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $45,809/month

Highlights

  • New Construction
  • Bay View
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of July 2021

Input for comp purposes only. Stunning custom home on corner lot designed by Brandon Architects and built by Waterpointe Custom Homes with outstanding view of the Bay!

Last Agent to Sell the Property

Ryan Gunderson

Arbor Real Estate License #01869795 Listed on: 08/01/2021

Arbor Real Estate

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,225

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,550 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • City Lights

Interior Spaces

  • 2,318 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Additional Features

  • More Than Two Accessible Exits
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Balboa Island Little Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 3
  • Tax Tract Number 103
  • Assessor Parcel Number 05018322

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,225

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05018322
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2318.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2588.44
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Bay, City Lights
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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 Block: 3
  • Tax Census Tract: 630.06
  • Tax Lot: 16
  • Tax Tract Number: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Jun 1, 2021
Sold by
Bakshi Pradeep Bob S and Bakshi Gayle
Bought by
Darcck Pearl Investments Llc
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$6,000,000
Sold Price
$6,000,000
Current Estimated Value
$7,408,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,408,767
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Jan 3, 2019
Sold by
Park Magic 55 Llc
Bought by
Bakshi Pradeep Bob S and Bakshi Gayle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,819,268
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2015
Sold by
Long John K and Mottl Ronda A
Bought by
Park Magic 55 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2006
Sold by
Long John and Mottl Ronda
Bought by
Long John K and Mottl Ronda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 22, 2004
Sold by
Motti Ronda
Bought by
Long John and Motti Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 3, 2004
Sold by
Mcdaniel Earl and Mcdaniel Marianne
Bought by
Long John and Mottle Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Darcck Pearl Investments Llc $6,000,000 Orange Coast Ttl Co Of Socal
Bakshi Pradeep Bob S -- First American Title Company
Park Magic 55 Llc $2,800,000 Lawyers Title
Long John K -- None Available
Long John -- --
Motti Ronda -- United Title Company
Long John $1,829,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakshi Pradeep Bob S $2,819,268
Previous Owner Park Magic 55 Llc $1,400,000
Previous Owner Long John K $48,000
Previous Owner Long John K $1,450,000
Previous Owner Motti Ronda $400,000
Previous Owner Long John $1,000,000
Previous Owner Mcdaniel Earl $403,050
Previous Owner Mcdaniel Earl $250,000
Previous Owner Mcdaniel Earl $415,000
Closed Long John $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 For Sale $6,000,000 0.0% $2,588 / Sq Ft
07/30/2021 07/30/21 Sold $6,000,000 +114.3% $2,588 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
09/09/2015 09/09/15 Sold $2,800,000 -5.1% $1,290 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $2,950,000 -- $1,359 / 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 $66,225 $6,367,248 $5,269,076 $1,098,172
2024 $66,225 $6,242,400 $5,165,760 $1,076,640
2023 $64,679 $6,120,000 $5,064,470 $1,055,530
2022 $63,613 $6,000,000 $4,965,166 $1,034,834
2021 $40,821 $3,832,216 $2,943,808 $888,408
2020 $34,859 $3,263,865 $2,913,623 $350,242
2019 $31,740 $2,971,382 $2,856,494 $114,888
2018 $31,107 $2,913,120 $2,800,484 $112,636
2017 $30,558 $2,856,000 $2,745,572 $110,428
2016 $29,871 $2,800,000 $2,691,737 $108,263
2015 $18,780 $1,733,966 $1,605,479 $128,487
2014 $18,482 $1,700,000 $1,574,029 $125,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21167177

California Regional Multiple Listing Service (CRMLS)

APN: 050-183-22