135 N Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,477,000 - $8,784,181
7
Beds
7
Baths
4,432
Sq Ft
$1,605/Sq Ft
Est. Value
Highlights
- Private Dock Site
- Parking available for a boat
- Bay View
- Abraham Lincoln Elementary School Rated A
- Boat Slip
- 4-minute walk to Balboa Island Park
About This Home
As of July 2012HUGH PRICE DEDUCTION! PRICELESS PANORAMIC BAY VIEW! One of the largest Bay Front properties, 50 wide by 85 ft deep. Dock to accommodate up to two 60' yachts! Unique Property. Spacious floor plan. Currently converted as a duplex,(one unit has 4 bedrooms,4 baths,with office/den and one unit has 3 bedrooms,3 baths with a room size walk-in closet. Can easily be reconverted back into one traditional family home with 7 bedrooms, 7 bathrooms, 2 living rooms,2 fireplaces,forced heat and air conditioning,office,walk in closet, and newer stainless steel appliances. Located on the quiet end of Balboa Island for optimum Island privacy, yet 5 minutes to the ferry and all Island activity.
Last Agent to Sell the Property
Laura Gale
HOM Sotheby's International License #01269394 Listed on: 02/10/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $65,517
Year Built
- Built in 1965
Lot Details
- 4,253 Sq Ft Lot
- Lot Dimensions are 50x85
Parking
- 2 Car Direct Access Garage
- 2 Carport Spaces
- Parking Available
- Garage Door Opener
- On-Street Parking
- Parking available for a boat
Property Views
- Bay
- Views of a pier
- Panoramic
- City Lights
Home Design
- Contemporary Architecture
- Composition Roof
- Stucco
Interior Spaces
- 4,432 Sq Ft Home
- Central Vacuum
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Double Pane Windows
- Window Screens
- L-Shaped Dining Room
- Den
Kitchen
- Breakfast Bar
- Self-Cleaning Convection Oven
- Gas Oven or Range
- Cooktop with Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- Double Master Bedroom
- Converted Bedroom
- Walk-In Closet
- Dressing Area
- 7 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas And Electric Dryer Hookup
Outdoor Features
- Boat Slip
- Private Dock Site
- Slab Porch or Patio
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
Listing and Financial Details
- Legal Lot and Block 0.10 / 2
- Tax Tract Number 99
- Assessor Parcel Number 05002103
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2012
Closed on
Jul 2, 2012
Sold by
Turton Kelly and Turton Beth L
Bought by
Meyer Paul and Meyer Michele A
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Chris Valli
Surterre Properties Inc.
List Price
$5,450,000
Sold Price
$4,750,000
Premium/Discount to List
-$700,000
-12.84%
Total Days on Market
134
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
$2,363,545
Avg. Annual Appreciation
3.19%
Purchase Details
Closed on
Apr 19, 2006
Sold by
Highway Llc
Bought by
Turton Kelly and Turton Beth L
Purchase Details
Closed on
Oct 16, 2004
Sold by
Turton Kelly and Turton Beth L
Bought by
Highway Llc
Purchase Details
Closed on
Dec 4, 2003
Sold by
Grimaldi Gian R
Bought by
Grimaldi Gian R and Trust A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2003
Sold by
Grimaldi Gian R
Bought by
Turton Kelly and Turton Beth L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Meyer Paul | $4,750,000 | None Available | |
| Turton Kelly | -- | None Available | |
| Highway Llc | -- | -- | |
| Grimaldi Gian R | -- | -- | |
| Turton Kelly | $3,900,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Turton Kelly | $1,925,000 | |
| Previous Owner | Turton Kelly | $250,000 | |
| Previous Owner | Turton Kelly | $2,925,000 | |
| Previous Owner | Turton Kelly | $2,925,000 | |
| Closed | Turton Kelly | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2012 07/26/12 | Sold | $4,750,000 | -4.9% | $1,072 / Sq Ft |
| 05/14/2012 05/14/12 | Price Changed | $4,995,000 | -4.9% | $1,127 / Sq Ft |
| 05/08/2012 05/08/12 | Price Changed | $5,250,000 | -1.9% | $1,185 / Sq Ft |
| 04/16/2012 04/16/12 | Price Changed | $5,349,000 | -1.9% | $1,207 / Sq Ft |
| 02/10/2012 02/10/12 | For Sale | $5,450,000 | -- | $1,230 / 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 |
|---|---|---|---|---|
| 2024 | $65,517 | $5,952,142 | $5,130,954 | $821,188 |
| 2023 | $64,036 | $5,835,434 | $5,030,347 | $805,087 |
| 2022 | $63,003 | $5,721,014 | $4,931,713 | $789,301 |
| 2021 | $61,839 | $5,608,838 | $4,835,013 | $773,825 |
| 2020 | $58,807 | $5,551,327 | $4,785,436 | $765,891 |
| 2019 | $57,280 | $5,414,145 | $4,691,604 | $722,541 |
| 2018 | $56,134 | $5,307,986 | $4,599,612 | $708,374 |
| 2017 | $55,140 | $5,203,908 | $4,509,423 | $694,485 |
| 2016 | $53,894 | $5,101,871 | $4,421,003 | $680,868 |
| 2015 | $53,391 | $5,025,237 | $4,354,596 | $670,641 |
| 2014 | $52,131 | $4,926,800 | $4,269,295 | $657,505 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2012
Laura Gale
HOM Sotheby's International
-
Chris Valli
Buyer's Agent in 2012
Chris Valli
Surterre Properties Inc.
(949) 717-7177
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12000618
APN: 050-021-03
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