NOT LISTED FOR SALE

Estimated Value: $3,723,608 - $5,374,000

3 Beds
2 Baths
1,800 Sq Ft
$2,653/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $2,485,000 $1,381 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $27,909/month

5 Days on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • Breakfast Bar
  • Newport Elementary School Rated A
  • Granite Countertops
  • Laundry Room

About This Home

As of November 2018

Waterfront single story detached home in the gated community of Balboa Coves! Located on a terrific pie shaped lot of approx. 4,950 sq.ft. with wonderful views of the cove and dock. Enjoy the wonderful sunsets and the sandy beach. This home boasts: 3 bedrooms, 2 baths, approx. 1,800 sq.ft., large open living room/kitchen area - perfect for everday living and entertaining with no interior steps. Relax on the patio that overlooks the cove plus a courtyard patio on the side of the home. New neutral paint on the interior walls. New carpet. Master bedroom with private bath and its own patio sitting area. Access the garage through the private courtyard. Nearby: Beaches, shopping, restaurants and Hoag Hospital. Come on out and take a look at this waterfront property today!

Last Agent to Sell the Property

Mike Vartanian

Legacy Real Estate License #00920875 Listed on: 10/11/2018

Co-Listed By

Jo Stepanenko

Caliber Real Estate Group License #00901037

Last Buyer's Agent

Mike Vartanian

Legacy Real Estate License #00920875 Listed on: 10/11/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,916

Year Built

  • Built in 1950

Lot Details

  • 4,950 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Interior Spaces

  • 1,800 Sq Ft Home
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Community Details

  • Balboa Coves Community Association, Phone Number (949) 215-8485

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 1011
  • Assessor Parcel Number 42303118

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,916

Year Built

Built in 1950

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Coves (BLCV)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42303118
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1380.56
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • View: Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Coves Community Association
  • Phone: 949-215-8485
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 4950.00
  • Lot Size Acres: 0.1136

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4950.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 1011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Oct 24, 2018
Sold by
First American Trust
Bought by
Vinck Christopher
Seller's Agent
Mike Vartanian
Legacy Real Estate
Buyer's Agent
Mike Vartanian
Legacy Real Estate
List Price
$2,475,000
Sold Price
$2,485,000
Premium/Discount to List
$10,000
0.4%
Current Estimated Value
$4,774,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,289,652
Avg. Annual Appreciation
9.91%
Original Mortgage
$1,988,000
Outstanding Balance
$1,740,994
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$3,033,658

Purchase Details

Closed on
Dec 9, 2008
Sold by
Stark Clifford R
Bought by
Stark Clifford R and The Clifford R Stark Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2008
Sold by
Baljeu Burt and Baljeu Cobie
Bought by
Stark Clifford R and Stark Gayle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$961,250
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2005
Sold by
Baljeu Burt and Baljeu Cobie
Bought by
Baljeu Burt and Baljeu Cobie

Purchase Details

Closed on
Apr 19, 2005
Sold by
Baljeu Burt and Baljeu Cobie
Bought by
Baljeu Burt and Baljeu Cobie

Purchase Details

Closed on
Nov 26, 2001
Sold by
Dugan Thomas P and Dugan Keri L
Bought by
Baljeu Burt and Baljeu Cobie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
7.5%

Purchase Details

Closed on
Sep 26, 1997
Sold by
Brownell Donna L
Bought by
Dugan Thomas P and Dugan Keri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.3%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Brownell Donna L
Bought by
Brownell Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 12, 1995
Sold by
Brownell Donna L
Bought by
Brownell Donna L and Donna L Brownell Living Trust
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
Vinck Christopher $2,485,000 First American Title Co
Stark Clifford R -- Stewart Title Of California
Stark Clifford R -- Stewart Title Of California
Stark Clifford R $2,087,500 Stewart Title Of California
Baljeu Burt -- --
Baljeu Burt -- --
Baljeu Burt $1,100,000 Commerce Title
Dugan Thomas P $610,000 Guardian Title Company
Brownell Donna L -- Chicago Title Co
Brownell Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinck Christopher $1,988,000
Previous Owner Stark Clifford R $961,250
Previous Owner Baljeu Burt $825,000
Previous Owner Dugan Thomas P $488,000
Previous Owner Brownell Donna L $272,000
Closed Baljeu Burt $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $2,485,000 +0.4% $1,381 / Sq Ft
10/11/2018 10/11/18 For Sale $2,475,000 -- $1,375 / 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 $28,916 $2,772,063 $2,692,915 $79,148
2024 $28,916 $2,717,709 $2,640,112 $77,597
2023 $28,238 $2,664,421 $2,588,345 $76,076
2022 $27,769 $2,612,178 $2,537,593 $74,585
2021 $27,235 $2,560,959 $2,487,836 $73,123
2020 $26,973 $2,534,700 $2,462,326 $72,374
2019 $26,412 $2,485,000 $2,414,045 $70,955
2018 $25,183 $2,362,573 $2,270,387 $92,186
2017 $24,737 $2,316,249 $2,225,870 $90,379
2016 $24,181 $2,270,833 $2,182,226 $88,607
2015 $22,606 $2,109,000 $2,027,736 $81,264
2014 $22,507 $2,109,000 $2,027,736 $81,264
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18245953

California Regional Multiple Listing Service (CRMLS)

APN: 423-031-18