NOT LISTED FOR SALE

Estimated Value: $3,578,478 - $4,045,000

5 Beds
3 Baths
1,680 Sq Ft
$2,245/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $1,900,000 $1,131 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $22,739/month

101 Days on Market

Highlights

  • Peek-A-Boo Views
  • Traditional Architecture
  • No HOA
  • Abraham Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Balboa Island Park

About This Home

As of April 2016

$200,000 PRICE REDUCTION on this A+ outstanding bay-view property located in the coveted 100 Block of Turquoise Avenue on Balboa Island! The primary value is in the lot and location but there is also a unique coastal home with 5 bedrooms and 3 baths. The entry level has a den/family room plus 4 bedrooms and 2 baths. The second level has an open and bright great room with high beamed ceilings and South Bayfront views from the balcony plus a large master suite with balcony. There is also a sunny, landscaped front patio and serene interior courtyard plus a 2-car garage. 129 Turquoise is the perfect home for a remodel or rebuild on a serene, wide street with Bay views!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 10/26/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,246

Year Built

  • Built in 1964

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • More Than Two Accessible Exits
  • Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 99
  • Assessor Parcel Number 05006304

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,246

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05006304
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1680.00
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1130.95
  • Room Type: Family Room, Main Floor Bedroom

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 745.10
  • Lot Size Acres: 0.0590

Multi Family

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

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Feb 16, 2016
Sold by
G Longo Family Properties Llc
Bought by
Parker Family Living Trust
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,195,000
Sold Price
$1,900,000
Premium/Discount to List
-$295,000
-13.44%
Current Estimated Value
$3,771,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,871,870
Avg. Annual Appreciation
7.60%
Original Mortgage
$250,000
Interest Rate
3.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2012
Sold by
Longo Geraldine A
Bought by
G Longo Family Properties Llc
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
Parker Family Living Trust $1,900,000 Lawyers Title
G Longo Family Properties Llc -- None Available
Longo Geraldine A -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker David A $1,433,649
Closed Parker David A $1,425,000
Previous Owner Parker David A $250,000
Previous Owner Parker Family Living Trust $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $1,900,000 -4.8% $1,131 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
12/04/2015 12/04/15 Price Changed $1,995,000 -9.1% $1,188 / Sq Ft
10/26/2015 10/26/15 For Sale $2,195,000 -- $1,307 / 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 $26,246 $2,249,212 $2,151,415 $97,797
2024 $26,246 $2,205,110 $2,109,230 $95,880
2023 $25,601 $2,161,873 $2,067,873 $94,000
2022 $22,661 $2,119,484 $2,027,327 $92,157
2021 $22,227 $2,077,926 $1,987,576 $90,350
2020 $22,013 $2,056,620 $1,967,196 $89,424
2019 $21,558 $2,016,295 $1,928,624 $87,671
2018 $21,129 $1,976,760 $1,890,808 $85,952
2017 $20,755 $1,938,000 $1,853,733 $84,267
2016 $5,968 $535,556 $433,030 $102,526
2015 $5,910 $527,512 $426,526 $100,986
2014 $5,772 $517,179 $418,171 $99,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15233701

California Regional Multiple Listing Service (CRMLS)

APN: 050-063-04