R
Seller's Agent in 2021
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
68 in this area
104 Total Sales
127 Jade Ave Newport Beach, CA 92662
Balboa Island Neighborhood
5
Beds
4.5
Baths
2,171
Sq Ft
2,614
Sq Ft Lot
Highlights
- Bay View
- Primary Bedroom Suite
- Cape Cod Architecture
- Abraham Lincoln Elementary School Rated A
- Across the Road from Lake or Ocean
- Maid or Guest Quarters
About This Home
As of July 2021Outstanding 5 bedroom, 4.5 bath corner home directly across the street from the Bay on peaceful and serene Little Balboa Island. 127 Jade has commanding Bay views, beamed ceilings throughout most of the home and two cozy wood burning fireplaces. The first level has a great room with fireplace that opens to a sunny Bay-view front patio and a large private interior patio. The second level has a master suite with Bay-view balcony and separate office, three guest bedrooms, a family room with fireplace and Bay view and a kitchenette. In addition there is an over-sized 526 sf two car-garage, electric cart parking on the side of the home, and an additional guest suite. The home can also be utilized as a duplex with a 3 bedroom front home and 2 bedroom rear apartment and would be an excellent vacation rental which could gross $100,000 or more per year. 127 Jade has all the benefits of living on the Bayfront with the advantages of being on an interior street. Do not miss this wonderful opportunity!
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 05/30/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,225
Year Built
- Built in 1961
Lot Details
- 2,614 Sq Ft Lot
- Property fronts an alley
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Bay
- City Lights
Home Design
- Cape Cod Architecture
- Brick Exterior Construction
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,171 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Ceiling Fan
- Double Pane Windows
- Sliding Doors
- Great Room with Fireplace
- Home Office
- Laundry Room
Kitchen
- Breakfast Bar
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Mirrored Closets Doors
- Maid or Guest Quarters
Outdoor Features
- Balcony
- Concrete Porch or Patio
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
Additional Features
- More Than Two Accessible Exits
- Across the Road from Lake or Ocean
Community Details
- No Home Owners Association
- Laundry Facilities
Listing and Financial Details
- Legal Lot and Block 16 / 3
- Tax Tract Number 103
- Assessor Parcel Number 05018322
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,000,000 | Orange Coast Ttl Co Of Socal | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | $2,800,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Grant Deed | $1,829,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,819,268 | Construction | |
| Previous Owner | $1,400,000 | New Conventional | |
| Previous Owner | $48,000 | Credit Line Revolving | |
| Previous Owner | $1,450,000 | Unknown | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Purchase Money Mortgage | |
| Previous Owner | $403,050 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $415,000 | Unknown | |
| Closed | $400,000 | No Value Available |
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
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
-
Ryan Gunderson
-
Don Abrams
Buyer's Agent in 2021
Don Abrams
Abrams Coastal Properties
(714) 325-9055
65 in this area
94 Total Sales
-
Nancy Bear
N
Buyer Co-Listing Agent in 2021
Nancy Bear
Abrams Coastal Properties
(949) 675-4822
2 in this area
7 Total Sales
-
Ronda Mottl
R
Seller Co-Listing Agent in 2015
Ronda Mottl
First Team Real Estate
(760) 272-5389
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15115751
APN: 050-183-22
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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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