NOT LISTED FOR SALE

Estimated Value: $3,793,923 - $5,642,000

3 Beds
2.5 Baths
2,344 Sq Ft
$1,926/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $2,800,000 $1,195 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $25,974/month

271 Days on Market

Highlights

  • Roof Top Spa
  • Fishing
  • City Lights View
  • Abraham Lincoln Elementary School Rated A
  • Ocean Side of Highway 1
  • 1-minute walk to Balboa Island Park

About This Home

As of August 2021

Welcome to Balboa Island.. a wonderful magical island that offers walkability on a sidewalk that circles the bay- from downtown with shops, restaurants and the famous Dad's Balboa Bars ! The homes are an eclectic mix of styles from vintage cottages, eastern seaboard, Mediterranean
masterpieces, modern farmhouse and modern contemporary.
129 Agate is a work of art ! Rich woods with intricate carvings, Venetian plaster walls, stone floors all evoke memories of Tuscany and the great artisans of the times. The main floor consists of a living room that opens to the spacious front patio where one can engage with the residents, as is customary, on this social island. The kitchen has an island with breakfast bar, and open dining room for casual dining.Also, direct garage access, laundry room and powder room.The private adjacent courtyard with it's soothing fountain provides outdoor environs. The second floor has 4 bedrooms ( one being used as an office) and 2 baths- both with 2 sinks. There is a family room adjacent to the office. The master has an attached deck. The roof top deck with private spa is a wonderful place to sun or catch the sunset colors and views of Fashion Island and the bay.
Come enjoy what Balboa Island is all about. Virtual tour, 3D tour and floorplan in the supplements under VT.

Last Agent to Sell the Property

Coleen Brennan

Engel & Völkers Newport Beach License #01003247 Listed on: 09/19/2020

Engel & Völkers Newport Beach

Last Buyer's Agent

Drew Teicheira

Harcourts Place License #02030547

Harcourts Place

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 2,550

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 2,344 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • French Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Stone Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Roof Top Spa
  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Rooftop Access
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Private Sewer

Additional Features

  • 2,550 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 17 / 7
  • Tax Tract Number 99
  • Assessor Parcel Number 05004332

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Park
  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

2,550 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05004332
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2344.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Electric
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1194.54
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Spa Features: Private, Roof Top
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s)
  • Room Kitchen Features: Granite Counters, Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood
  • Patio And Porch Features: Deck, Patio, Front Porch, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Fishing, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Walkstreet
  • 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
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 7
  • Tax Lot: 17
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Aug 25, 2021
Sold by
Lopez Ulysses
Bought by
The Ulysses Lopez Trust
Seller's Agent
Coleen Brennan
Engel & Völkers Newport Beach
Buyer's Agent
Drew Teicheira
Harcourts Place
List Price
$2,999,990
Sold Price
$2,800,000
Premium/Discount to List
-$199,990
-6.67%
Current Estimated Value
$4,515,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,715,481
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Jun 22, 2021
Sold by
Longnecker Joseph M and Longnecker Sandra
Bought by
Lopez Ulysses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Longnecker Joseph M and Longnecker Sandra
Bought by
Longnecker Joseph M and Longnecker Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 19, 2007
Sold by
Ageta Llc
Bought by
Longnecker Joseph M and Longnecker Sandra

Purchase Details

Closed on
Oct 20, 2004
Sold by
Espinoza Maclovio
Bought by
Ageta Llc

Purchase Details

Closed on
Jun 2, 1997
Sold by
Nott Bruce E & Nott Family Trust
Bought by
Meadows Mobile Homes
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Ulysses Lopez Trust -- None Available
Lopez Ulysses $2,800,000 Orange Coast Title Company
Longnecker Joseph M -- Lsi Title Co
Longnecker Joseph M -- Lsi Title Co
Longnecker Joseph M $2,495,000 First American Title Co
Ageta Llc $12,000 --
Ageta Llc $12,000 --
Ageta Llc $16,500 --
Meadows Mobile Homes -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Ulysses $1,500,000
Previous Owner Longnecker Joseph M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $2,800,000 -6.7% $1,195 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $2,999,990 +7.1% $1,280 / Sq Ft
05/10/2021 05/10/21 Off Market $2,800,000 -- --
10/16/2020 10/16/20 Price Changed $2,999,990 0.0% $1,280 / Sq Ft
10/16/2020 10/16/20 For Sale $2,999,990 +7.1% $1,280 / Sq Ft
10/16/2020 10/16/20 Off Market $2,800,000 -- --
09/19/2020 09/19/20 For Sale $3,100,000 -- $1,323 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $32,826 $2,971,382 $2,440,778 $530,604
2024 $32,826 $2,913,120 $2,392,920 $520,200
2023 $32,091 $2,856,000 $2,346,000 $510,000
2022 $31,576 $2,800,000 $2,300,000 $500,000
2021 $34,114 $3,047,721 $2,488,436 $559,285
2020 $32,045 $3,016,471 $2,462,920 $553,551
2019 $31,378 $2,957,325 $2,414,627 $542,698
2018 $30,750 $2,899,339 $2,367,282 $532,057
2017 $30,204 $2,842,490 $2,320,865 $521,625
2016 $29,522 $2,786,755 $2,275,357 $511,398
2015 $26,026 $2,440,000 $2,063,659 $376,341
2014 $22,797 $2,143,600 $1,767,259 $376,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20196170

California Regional Multiple Listing Service (CRMLS)

APN: 050-043-32

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