NOT LISTED FOR SALE

202 Diamond Ave Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $4,923,000 - $5,532,024

4 Beds
3.5 Baths
2,392 Sq Ft
$2,206/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $3,040,000 $1,271 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $32,519/month

102 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • City Lights View
  • Dual Staircase

About This Home

As of September 2016

$100,000 PRICE REDUCTION ON THIS BEAUTIFUL NANTUCKET-STYLE CAPE COD ISLAND HOME WITH ELEVATOR, custom built in 2008 by Island specialist Dennis Vitarelli and designed by noted Island architect Ian Harrison. This stunning FOUR BEDROOM, THREE BATH home offers a unique Balboa Island floor plan, exquisite detail and finish work, and the always sought after vibe of Island living. The first floor offers large front and side patios, a spacious beamed and paneled great room with fireplace, chef's deluxe kitchen with island and high end appliances, separate dining area plus garage with custom organization system. The second floor includes a large master retreat, a private oasis with wood-beamed vaulted ceilings, wrap around covered balcony, and a 5-star hotel quality master bath with marble counter tops and shower. The second floor also includes two guest rooms and a RARE fourth bedroom/mother-in-law quarters with separate entrance and kitchenette. Finally, ascend to the 3rd level with its sitting room, light and bright roof deck with serene city lights views, bar area, sink and spa + ELEVATOR access to all three levels. 202 Diamond has gleaming hardwood floors throughout and many stunning Craftsman touches; don't miss this one-of-a-kind standout!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 04/26/2016

Last Buyer's Agent

Pallie Jones

Arbor Real Estate License #01918002

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,588

Year Built

  • Built in 2008

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Vinyl Fence
  • Property is zoned R 1.5

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • Turnkey
  • Slab Foundation
  • Shingle Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 100
  • Assessor Parcel Number 05009313

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,588

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R 1.5
  • Architectural Style: Cape Cod, Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05009313
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2392.00
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Elevator, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 3
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1270.90
  • Room Type: All Bedrooms Up, Living Room, Master Suite, Walk-In Pantry, Walk-In Closet
  • Window Features: Double Pane Windows, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Lighting
  • View: City Lights
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Roof Top, Stone, Wrap Around
  • Pool Private: No
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Water Purifier
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 1252.94

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2016
Closed on
Aug 11, 2016
Sold by
Mapes John T and Mapes Carrie J
Bought by
Howard Michael A and Howard Pamela G
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Pallie Jones
Arbor Real Estate
List Price
$3,295,000
Sold Price
$3,040,000
Premium/Discount to List
-$255,000
-7.74%
Current Estimated Value
$5,275,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,235,675
Avg. Annual Appreciation
6.70%
Original Mortgage
$1,500,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2004
Sold by
Osgood Bill and Osgood Margaret
Bought by
Mapes John T and Mapes Carrie J

Purchase Details

Closed on
Apr 28, 2004
Sold by
Osgood William R
Bought by
Osgood William R and Osgood Margaret

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
5.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 19, 1993
Sold by
Osgood William R
Bought by
Osgood William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
6.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Howard Michael A $3,040,000 Lawyers Title Company
Mapes John T $1,490,000 Equity Title Company
Osgood William R -- --
Osgood William R -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Michael A $1,500,000
Previous Owner Mapes John T $500,000
Previous Owner Osgood William R $100,000
Previous Owner Osgood William R $333,700
Previous Owner Osgood William R $125,000
Previous Owner Osgood William R $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $3,040,000 -4.9% $1,271 / Sq Ft
05/25/2016 05/25/16 Price Changed $3,195,000 -3.0% $1,336 / Sq Ft
04/26/2016 04/26/16 For Sale $3,295,000 -- $1,378 / 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 $39,588 $3,458,999 $2,727,433 $731,566
2023 $38,631 $3,391,176 $2,673,954 $717,222
2022 $35,475 $3,324,683 $2,621,524 $703,159
2021 $34,796 $3,259,494 $2,570,122 $689,372
2020 $34,462 $3,226,072 $2,543,768 $682,304
2019 $33,747 $3,162,816 $2,493,890 $668,926
2018 $33,074 $3,100,800 $2,444,990 $655,810
2017 $32,490 $3,040,000 $2,397,049 $642,951
2016 $25,773 $2,410,017 $1,667,287 $742,730
2015 $25,530 $2,373,817 $1,642,243 $731,574
2014 $24,929 $2,327,318 $1,610,074 $717,244
Source: Public Records

Agents Affiliated with this Home

  • Don Abrams

    Seller's Agent in 2016

    Don Abrams

    Abrams Coastal Properties

    (714) 325-9055

    68 in this area

    96 Total Sales

    Don Abrams
    Section Image
  • Pallie Jones

    Buyer's Agent in 2016

    Pallie Jones

    Arbor Real Estate

    (949) 640-3600

    15 Total Sales

    Pallie Jones
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16087261

California Regional Multiple Listing Service (CRMLS)

APN: 050-093-13

California Orange County Newport Beach 92662 Balboa Island

202 Diamond Ave, Newport Beach, CA

This home is located at 202 Diamond Ave, Newport Beach, CA 92662 since 26 April 2016 and is currently estimated at $5,275,675, approximately $2,205 per square foot. This property was built in 2008. 202 Diamond Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and Our Lady Queen Of Angels.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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