NOT LISTED FOR SALE

Estimated Value: $4,234,000 - $5,173,000

3 Beds
3 Baths
1,212 Sq Ft
$3,826/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $2,750,000 $2,269 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $29,081/month

69 Days on Market

Highlights

  • Beach Front
  • Marina
  • Marina View
  • Abraham Lincoln Elementary School Rated A
  • Private Dock Site
  • Pier

About This Home

As of May 2016

Charming Balboa Island Bay front home with a dock!! Great Location and only steps to the village with easy access to bridge!! Enjoy it as a residence or rent it out as a vacation rental (great summer rates and track record). This house is move in ready and it’s a great value for the bay front. Beautiful Espresso Bamboo floors. Front patio and interior walkway repaved, Block wall fence with new quartz veneer siding... epoxy garage floor fits 2 cars. Blue pearl granite counter tops in the kitchen. Double pane Milguard windows throughout. Dock accommodates a 42 foot boat on the west side and 19 foot boat on the east side plus a tender.

Last Agent to Sell the Property

Sunil Mehta

Real Estate Xperts Inc. License #01485497 Listed on: 02/18/2016

Co-Listed By

Michelle Carrigan

Real Estate Xperts Inc. License #01408953

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,626

Year Built

  • Built in 1947

Lot Details

  • 2,550 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Drip System Landscaping
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Parking available for a boat

Property Views

  • Marina
  • Bay
  • Harbor

Home Design

  • Cottage
  • Fire Rated Drywall
  • Shingle Roof
  • Asphalt Roof
  • Shingle Siding
  • Plaster
  • Stucco

Interior Spaces

  • 1,212 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Pier
  • Boat Slip
  • Private Dock Site
  • Open Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 4
  • Assessor Parcel Number 05015201

Community Details

Overview

  • No Home Owners Association
  • Built by BALM-BALBOA ISLAND-MAIN ISLAND

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,626

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 562-2330230
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05015201
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1212.00
  • Interior Amenities: Crown Molding, Granite Counters, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Ell, In Living Room
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 2268.98
  • Room Type: Attic, All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Drapes, Double Pane Windows, Screens
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private, Pier, Rain Gutters
  • View: Bay, Harbor, Marina, Water
  • Builder Name: BALM-BALBOA ISLAND-MAIN ISLAND
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster, Shingle Siding, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Garage, Garage Door Opener, Garage Faces Rear, Built-In Storage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level, Rectangular Lot, Corner Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer, Near Public Transit
  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 1078.43
  • 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
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Fishing in Community, Marina in Community, Navigable Water

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: Sec 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Bohart Randy and Bohart Bonnie
Bought by
Bohart Randy D and Bohart Bonnie L
Total Days on Market
69
Current Estimated Value
$4,636,832

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 6, 2016
Sold by
Vasterling Marlys Vance
Bought by
Bohart Randy and Bohart Bonnie
Seller's Agent
Sunil Mehta
Real Estate Xperts Inc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$3,295,000
Sold Price
$2,750,000
Premium/Discount to List
-$545,000
-16.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Jan 3, 2008
Sold by
Rogers Linda
Bought by
Vasterling Marlys Vance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,540,000
Interest Rate
6.15%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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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
Bohart Randy D -- None Available
Bohart Randy $2,750,000 Chicago Title Company
Vasterling Marlys Vance -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vasterling Marlys Vance $1,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $2,750,000 -6.8% $2,269 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/18/2016 02/18/16 Price Changed $2,950,000 -10.5% $2,434 / Sq Ft
02/18/2016 02/18/16 For Sale $3,295,000 +19.8% $2,719 / Sq Ft
01/30/2016 01/30/16 Off Market $2,750,000 -- --
01/30/2016 01/30/16 Price Changed $1,295,000 -0.1% $1,068 / Sq Ft
01/29/2016 01/29/16 Price Changed $1,296,000 -0.1% $1,069 / Sq Ft
01/28/2016 01/28/16 Price Changed $1,297,000 -0.1% $1,070 / Sq Ft
01/27/2016 01/27/16 Price Changed $1,298,000 -0.1% $1,071 / Sq Ft
01/26/2016 01/26/16 Price Changed $1,299,000 -0.1% $1,072 / Sq Ft
01/25/2016 01/25/16 Price Changed $1,300,000 -0.2% $1,073 / Sq Ft
01/23/2016 01/23/16 Price Changed $1,302,000 -0.1% $1,074 / Sq Ft
01/22/2016 01/22/16 Price Changed $1,303,000 -60.5% $1,075 / Sq Ft
01/21/2016 01/21/16 For Sale $3,295,000 -- $2,719 / 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
2024 $36,626 $3,191,609 $3,114,897 $76,712
2023 $35,740 $3,129,029 $3,053,821 $75,208
2022 $32,633 $3,067,676 $2,993,942 $73,734
2021 $32,007 $3,007,526 $2,935,237 $72,289
2020 $31,700 $2,976,688 $2,905,140 $71,548
2019 $31,041 $2,918,322 $2,848,176 $70,146
2018 $30,422 $2,861,100 $2,792,329 $68,771
2017 $29,883 $2,805,000 $2,737,577 $67,423
2016 $2,736 $227,640 $176,033 $51,607
2015 $2,709 $224,221 $173,389 $50,832
2014 $2,646 $219,829 $169,992 $49,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16013324

California Regional Multiple Listing Service (CRMLS)

APN: 050-152-01