Seller's Agent in 2020
Sharon Kaak
Triple Crown Real Estate
(714) 606-7136
63 Total Sales
1305 Park Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $2,274,000 - $5,338,000
3
Beds
2
Baths
1,129
Sq Ft
$2,980/Sq Ft
Est. Value
Highlights
- City Lights View
- Wood Flooring
- No HOA
- Abraham Lincoln Elementary School Rated A
- Main Floor Bedroom
- Cottage
About This Home
As of August 2020NEWSFLASH! $45,000 PRICE REDUCTION! Carpe Diem! Don’t miss this rare opportunity to break into the exclusive community of Balboa Island! This charming updated beach cottage will captivate you with its vintage charm and modern touches! There are 2 bedrooms, and 1 bath upstairs and 1 bedroom, 1 bath with garage downstairs. It would be a great multi-generational residence (Mom would love the bottom floor!). Recently painted, rewired, and new dual paned windows installed. It is located in the heart of the Village, just a few steps to a myriad of shops and eateries. You are also only a block from the ocean where you can stroll around the island, watch endless sunsets and catch the boats coming in and out of the harbor. Live the Islander life you have always dreamed in world-famous Newport Beach! Make sure to look at the virtual tour, also on YouTube!
Last Agent to Sell the Property
Triple Crown Real Estate License #01337639 Listed on: 05/25/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,319
Year Built
- Built in 1948
Lot Details
- 1,170 Sq Ft Lot
- Level Lot
Parking
- 1 Car Attached Garage
- Parking Available
Home Design
- Cottage
- Metal Siding
Interior Spaces
- 1,129 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Wood Flooring
- City Lights Views
- Free-Standing Range
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Schools
- Abraham Lincoln Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 17 / 1
- Tax Tract Number 102
- Assessor Parcel Number 05017224
Community Details
Overview
- No Home Owners Association
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2020
Closed on
Jul 17, 2020
Sold by
Brown Anne
Bought by
Brown Jeffrey H
Seller's Agent
Sharon Kaak
Triple Crown Real Estate
Buyer's Agent
Sharon McKinnon
Compass
List Price
$1,495,000
Sold Price
$1,410,000
Premium/Discount to List
-$85,000
-5.69%
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
$1,954,507
Avg. Annual Appreciation
18.79%
Original Mortgage
$1,128,000
Outstanding Balance
$1,004,684
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,359,823
Purchase Details
Listed on
May 25, 2020
Closed on
Jul 8, 2020
Sold by
Bell Nancy
Bought by
Bell Lantz
Seller's Agent
Sharon Kaak
Triple Crown Real Estate
Buyer's Agent
Sharon McKinnon
Compass
List Price
$1,495,000
Sold Price
$1,410,000
Premium/Discount to List
-$85,000
-5.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,128,000
Outstanding Balance
$1,004,684
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$2,359,823
Purchase Details
Listed on
May 11, 2012
Closed on
Oct 8, 2012
Sold by
Keller Shannon L
Bought by
Keller Todd M
Seller's Agent
Donald Stolan
Smart Way Homes
Buyer's Agent
Scott Arnott
Coldwell Banker Realty
List Price
$1,095,000
Sold Price
$950,000
Premium/Discount to List
-$145,000
-13.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$765,600
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 11, 2012
Closed on
Aug 20, 2012
Sold by
Keller Todd M
Bought by
Keller Todd Marshall and Keller Shannon Louise
Seller's Agent
Donald Stolan
Smart Way Homes
Buyer's Agent
Scott Arnott
Coldwell Banker Realty
List Price
$1,095,000
Sold Price
$950,000
Premium/Discount to List
-$145,000
-13.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Interest Rate
3.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 28, 2007
Sold by
Clark Ruth Ann
Bought by
Clark Phil and The Clark Charitable Remainder Trust
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
6.21%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jun 27, 2007
Sold by
Clark Phil
Bought by
Dacus Brad and Dacus Susanne
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
6.21%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Apr 27, 2007
Sold by
Clark Ruth Ann
Bought by
Clark John and Clark Charitable Remainder Trust
Purchase Details
Closed on
Jul 8, 2004
Sold by
Clark Ruth Ann and Lemen Anne
Bought by
Clark Ruth Ann
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 21, 2003
Sold by
Lemen Anne
Bought by
Lemen Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 9, 1997
Sold by
Clark John P
Bought by
Lemen Anne
Purchase Details
Closed on
Sep 19, 1996
Sold by
Anne Lemen
Bought by
Clark John Philip
Purchase Details
Closed on
Mar 6, 1996
Sold by
Lemen Anne
Bought by
Lemen Anne and Clark John Philip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.01%
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 |
|---|---|---|---|
| Brown Jeffrey H | -- | First American Title Company | |
| Bell Lantz | -- | First American Title Company | |
| Bell Lantz | $1,410,000 | First American Title Company | |
| Keller Todd M | -- | First American Title Company | |
| Keller Todd Marshall | -- | None Available | |
| Keller Todd M | $957,000 | First American Title Company | |
| Clark Phil | -- | Equity Title Company | |
| Dacus Brad | $1,000,000 | Equity Title Company | |
| Clark John | -- | None Available | |
| Clark Ruth Ann | -- | Fidelity National Title | |
| Lemen Anne | -- | Commerce Title Company | |
| Lemen Anne | -- | -- | |
| Clark John Philip | -- | -- | |
| Lemen Anne | -- | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bell Lantz | $1,128,000 | |
| Previous Owner | Keller Todd Marshall | $257,500 | |
| Previous Owner | Keller Todd Marshal | $684,000 | |
| Previous Owner | Keller Todd M | $765,600 | |
| Previous Owner | Clark Phil | $100,000 | |
| Previous Owner | Dacus Brad | $800,000 | |
| Previous Owner | Clark Ruth Ann | $100,000 | |
| Previous Owner | Lemen Anne | $141,000 | |
| Previous Owner | Lemen Anne | $40,000 | |
| Previous Owner | Lemen Anne | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2020 08/10/20 | Sold | $1,410,000 | -2.8% | $1,249 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 06/10/2020 06/10/20 | Price Changed | $1,450,000 | -3.0% | $1,284 / Sq Ft |
| 05/25/2020 05/25/20 | For Sale | $1,495,000 | +57.4% | $1,324 / Sq Ft |
| 10/12/2012 10/12/12 | Sold | $950,000 | -1.6% | $633 / Sq Ft |
| 09/17/2012 09/17/12 | Price Changed | $965,000 | 0.0% | $643 / Sq Ft |
| 08/06/2012 08/06/12 | Pending | -- | -- | -- |
| 07/30/2012 07/30/12 | Price Changed | $965,000 | +7.3% | $643 / Sq Ft |
| 07/19/2012 07/19/12 | Price Changed | $899,000 | -17.9% | $599 / Sq Ft |
| 05/11/2012 05/11/12 | For Sale | $1,095,000 | -- | $730 / 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 | $18,319 | $1,526,229 | $1,473,554 | $52,675 |
| 2024 | $18,319 | $1,496,303 | $1,444,660 | $51,643 |
| 2023 | $17,864 | $1,466,964 | $1,416,333 | $50,631 |
| 2022 | $15,495 | $1,438,200 | $1,388,561 | $49,639 |
| 2021 | $15,199 | $1,410,000 | $1,361,334 | $48,666 |
| 2020 | $11,705 | $1,077,564 | $1,013,387 | $64,177 |
| 2019 | $11,467 | $1,056,436 | $993,517 | $62,919 |
| 2018 | $11,240 | $1,035,722 | $974,036 | $61,686 |
| 2017 | $11,042 | $1,015,414 | $954,937 | $60,477 |
| 2016 | $10,796 | $995,504 | $936,212 | $59,292 |
| 2015 | $10,693 | $980,551 | $922,149 | $58,402 |
| 2014 | $10,441 | $961,344 | $904,086 | $57,258 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Kaak
-
Sharon McKinnon
S
Buyer's Agent in 2020
Sharon McKinnon
Compass
(949) 683-4016
1 in this area
7 Total Sales
-
D
Seller's Agent in 2012
Donald Stolan
Smart Way Homes
-
Scott Arnott
Buyer's Agent in 2012
Scott Arnott
Coldwell Banker Realty
(949) 375-1265
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20099338
APN: 050-172-24
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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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