Seller's Agent in 2020
Don Abrams
Abrams Coastal Properties
(714) 325-9055
3 in this area
95 Total Sales
1920 W Balboa Blvd Newport Beach, CA 92663
Central Newport Beach Neighborhood
3
Beds
3.5
Baths
3,498
Sq Ft
6,000
Sq Ft Lot
Highlights
- Sea Front
- Private Dock Site
- Bay View
- Newport Elementary School Rated A
- Boat Slip
- Gated Community
About This Home
As of October 2020The ultimate Newport Beach address, 7 Collins Island is lucky in all respects. One of only eight homes on this unique private island at the western tip of Balboa Island, 7 Collins offers a 3498 square foot Cape Cod style home on a giant 6000 square foot lot at the best location in the Harbor. With a dazzling 150 linear feet on the water and dock space for 2 boats (one up to 70 feet long), the 1970’s era home is livable as it is or can be remodeled or rebuilt into an estimated 6800 sf home. The first floor provides a large living room with fireplace, separate sitting, dining, and kitchen areas, a first floor bedroom suite and a large garage with private driveway. The second level comprises a large master suite with its own sitting room and balcony and a 2nd guest suite. With superior views of the Harbor and Beacon Bay, 7 Collins has it all!
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 09/08/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,558
Year Built
- Built in 1974
Lot Details
- 6,000 Sq Ft Lot
- Sea Front
- Property Fronts a Bay or Harbor
- Cul-De-Sac
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Driveway
- Automatic Gate
Property Views
- Bay
- Views of a pier
- Panoramic
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Slab Foundation
- Frame Construction
- Shake Roof
Interior Spaces
- 3,498 Sq Ft Home
- 2-Story Property
- Bay Window
- Living Room with Fireplace
- Dining Room
- Double Oven
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
Accessible Home Design
- More Than Two Accessible Exits
Outdoor Features
- Boat Slip
- Private Dock Site
- Docks
- Deck
- Patio
- Wrap Around Porch
Utilities
- Central Heating
- Natural Gas Connected
- Sewer Paid
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 1723
- Assessor Parcel Number 05001008
Community Details
Overview
- Property has a Home Owners Association
- Bal Island Association
- Balboa Island Collins Island Subdivision
Recreation
- Water Sports
Security
- Controlled Access
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2020
Closed on
Oct 22, 2020
Sold by
Northern California Investors Iii Llc
Bought by
M David Family Holdings Balboa Llc
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Sharon Reed
Arbor Real Estate
List Price
$8,500,000
Sold Price
$7,500,000
Premium/Discount to List
-$1,000,000
-11.76%
Purchase Details
Closed on
Oct 8, 2018
Sold by
Balboa Center 711 Llc
Bought by
Northern California Investors Iii Llc
Purchase Details
Closed on
Aug 2, 2018
Sold by
Heydari Darafshian Tahereh and Agahnia Kambiz
Bought by
Agahnia Kambiz
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M David Family Holdings Balboa Llc | $6,100,000 | Commonwealth Land Title Co | |
| Northern California Investors Iii Llc | $4,225,000 | Stewart Title Of California | |
| Agahnia Kambiz | -- | Stewart Titel |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | M David Family Holdings Balboa Llc | $3,200,000 | |
| Closed | Northern California Investors Iii Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2020 10/27/20 | Sold | $7,500,000 | -11.8% | $2,144 / Sq Ft |
| 10/07/2020 10/07/20 | Pending | -- | -- | -- |
| 09/08/2020 09/08/20 | For Sale | $8,500,000 | -- | $2,430 / 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 | $17,558 | $1,538,751 | $1,395,488 | $143,263 |
| 2023 | $17,134 | $1,508,580 | $1,368,126 | $140,454 |
| 2022 | $16,835 | $1,479,000 | $1,341,300 | $137,700 |
| 2021 | $16,520 | $1,450,000 | $1,315,000 | $135,000 |
| 2020 | $14,169 | $1,227,060 | $865,980 | $361,080 |
| 2019 | $13,897 | $1,203,000 | $849,000 | $354,000 |
| 2018 | $7,587 | $604,498 | $458,770 | $145,728 |
| 2017 | $7,459 | $592,646 | $449,775 | $142,871 |
| 2016 | $7,304 | $581,026 | $440,956 | $140,070 |
| 2015 | $7,228 | $572,299 | $434,332 | $137,967 |
| 2014 | $7,063 | $561,089 | $425,824 | $135,265 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Sharon Reed
S
Buyer's Agent in 2020
Sharon Reed
Arbor Real Estate
(949) 554-1200
2 in this area
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20185944
APN: 047-161-38
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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