Seller's Agent in 2018
Don Abrams
Abrams Coastal Properties
(714) 325-9055
67 in this area
96 Total Sales
127 Ruby Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,059,000 - $6,699,000
4
Beds
3.5
Baths
2,535
Sq Ft
$2,340/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- Bay View
- Retreat
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- 4-minute walk to Balboa Island Park
About This Home
As of May 2018SOLD BEFORE PROCESSING IN MLS. Situated on a light and bright corner lot in the heart of Balboa Island, this stunning NEW custom home offers a rare blend of timeless design, modern amenities, and oversized square footage. Comprised of 4 bedrooms (very rare for the Island), plus a den/family room, 4.5 baths, ELEVATOR to all levels, and an eye popping third floor roof deck with covered loggia, this home is a checklist of home appeal. The first floor includes a large great room with stackable Fleetwood disappearing sliding doors to front patio, fireplace with custom mantle, dining area with built-in bench, and a gourmet kitchen with exquisite porcelain countertops, Wolf appliances, and more. The impressive hand-crafted spiral staircase leads to the large second level with deluxe master suite with balcony, bath, and large-walk-in closet. The rest of the second floor includes a comfortable family room with built-ins and two more guest rooms with ensuite baths. The third floor includes a RARE fourth bedroom and bath, and a large entertainer's area under a covered loggia in addition to an open air deck with beautiful city lights views. The home offers a voluminous two-car garage with epoxy floors and space for a golf cart or small third car. Other amenities include: hickory hardwood floors throughout, tankless water heater, surround sound, spacious front patio and more. Rarely does a new home on a corner lot grace the Island market. Don't miss out on this one.
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 05/21/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,463
Year Built
- Built in 2018 | Newly Remodeled
Lot Details
- 2,614 Sq Ft Lot
- Block Wall Fence
- Landscaped
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
- 1 Open Parking Space
- Parking Available
- Parking Lot
Property Views
- Bay
- Peek-A-Boo
- Mountain
Home Design
- Copper Plumbing
Interior Spaces
- 2,535 Sq Ft Home
- 2-Story Property
- Elevator
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Family Room Off Kitchen
- Living Room with Fireplace
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Double Oven
- Six Burner Stove
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 100
- Assessor Parcel Number 05010123
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2018
Closed on
Apr 4, 2018
Sold by
Lippnik Eugene Joseph and Mcgrane Russell
Bought by
Smith Rowland M and Thompson Travis J
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Kristina Heimstaedt
Coldwell Banker Realty
List Price
$3,950,000
Sold Price
$3,925,000
Premium/Discount to List
-$25,000
-0.63%
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
$2,007,793
Avg. Annual Appreciation
5.26%
Purchase Details
Closed on
Oct 6, 2016
Sold by
Mcgrane Jerri
Bought by
Mcgrane Russell
Purchase Details
Closed on
Jul 15, 2016
Sold by
Serna Pepe and Serna Diane
Bought by
Lippnik Eugene Joseph and Mcgrane Russell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,266,000
Interest Rate
3.46%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 18, 2004
Sold by
Serna Pepe and Serna Diane
Bought by
Serna Pepe and Serna Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2002
Sold by
Serna Pepe and Serna Diana
Bought by
Serna Pepe and Serna Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.05%
Purchase Details
Closed on
Oct 10, 2002
Sold by
Serna Pepe and Serna Diane
Bought by
Serna Pepe and Serna Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.05%
Purchase Details
Closed on
Jul 21, 1998
Sold by
Serna Pepe and Serna Diane
Bought by
Serna Pepe and Serna Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
7%
Purchase Details
Closed on
Jul 16, 1998
Sold by
Serna Pepe and Serna Diane
Bought by
Serna Pepe and Serna Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
7%
Purchase Details
Closed on
Jun 26, 1997
Sold by
The Rice House Trust
Bought by
Serna Pepe and Serna Diane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
7.7%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Rowland M | $3,925,000 | Lawyers Title | |
| Mcgrane Russell | -- | First American Title Company | |
| Lippnik Eugene Joseph | -- | First American Title Company | |
| Lippnik Eugene Joseph | $1,800,000 | First American Title Company | |
| Serna Pepe | -- | Ticor Title Company | |
| Serna Pepe | -- | Ticor Title Company | |
| Serna Pepe | -- | -- | |
| Serna Pepe | -- | United Title Company | |
| Serna Pepe | -- | -- | |
| Serna Pepe | -- | First Southwestern Title Co | |
| Serna Pepe | $495,000 | -- | |
| Ferguson Vada E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Irrevocable Trust Of Matthew B | $2,446,625 | |
| Closed | Smith Rowland M | $2,446,625 | |
| Closed | Smith Rowland M | $2,490,434 | |
| Previous Owner | Lippnik Eugene Joseph | $2,266,000 | |
| Previous Owner | Serna Pepe | $333,000 | |
| Previous Owner | Serna Pepe | $360,000 | |
| Previous Owner | Serna Pepe | $360,000 | |
| Previous Owner | Serna Pepe | $371,000 | |
| Previous Owner | Serna Pepe | $371,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2018 05/21/18 | Sold | $3,925,000 | -0.6% | $1,548 / Sq Ft |
| 05/21/2018 05/21/18 | Pending | -- | -- | -- |
| 05/21/2018 05/21/18 | For Sale | $3,950,000 | -- | $1,558 / 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 | $46,463 | $4,465,978 | $3,352,532 | $1,113,446 |
| 2024 | $46,463 | $4,378,410 | $3,286,796 | $1,091,614 |
| 2023 | $45,379 | $4,292,559 | $3,222,349 | $1,070,210 |
| 2022 | $44,631 | $4,208,392 | $3,159,166 | $1,049,226 |
| 2021 | $43,774 | $4,125,875 | $3,097,222 | $1,028,653 |
| 2020 | $43,354 | $4,083,570 | $3,065,464 | $1,018,106 |
| 2019 | $42,450 | $4,003,500 | $3,005,356 | $998,144 |
| 2018 | $26,718 | $2,540,080 | $1,787,330 | $752,750 |
| 2017 | $18,474 | $1,752,285 | $1,752,285 | $0 |
| 2016 | $7,417 | $667,678 | $619,963 | $47,715 |
| 2015 | $7,344 | $657,649 | $610,650 | $46,999 |
| 2014 | $7,171 | $644,767 | $598,688 | $46,079 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Kristina Heimstaedt
Buyer's Agent in 2018
Kristina Heimstaedt
Coldwell Banker Realty
(949) 642-2599
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP18069956
APN: 050-101-23
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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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