NOT LISTED FOR SALE

Estimated Value: $4,770,000 - $6,463,000

4 Beds
4 Baths
2,675 Sq Ft
$2,079/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $3,600,000 $1,346 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $33,211/month

28 Days on Market

Highlights

  • Newly Remodeled
  • Rooftop Deck
  • Two Primary Bedrooms
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • 3-minute walk to Balboa Island Park

About This Home

As of August 2017

Get Smart! This Cape Cod Contemporary home was completely remodeled in 2017. Loaded with "smart" technology throughout and built with only the highest quality materials. This designer paid special attention to every detail, with its clean contemporary lines, this house is like no other on the island. The open floor plan boasts 12 ft glass La Cantina doors that slide completely open to make the front deck and fire pit part of the living room and kitchen. White French Oak floors, custom cabinetry, stone counter tops, high end appliances, two master bedrooms, large dog run, and more. You will love the glass pneumatic vacuum elevator that can take you to all 3 levels, the 3rd level is the rooftop deck with a huge bar, barbecue, outdoor television, and phenomenal views of both bays. Enjoy Balboa Island Living at it's best....the quaint town, fabulous restaurants, boutique shops, the Fun Zone, the ferry, the sand and the water are just outside your door. A custom golf car is included with the house so you can get around Balboa in style! This home is a must see!

Last Agent to Sell the Property

Jodi DiTolla

EDWARD ALLAN REAL ESTATE License #01969994 Listed on: 06/24/2017

Last Buyer's Agent

Jodi DiTolla

EDWARD ALLAN REAL ESTATE License #01969994 Listed on: 06/24/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,320

Year Built

  • Built in 1943 | Newly Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • Vinyl Fence
  • Block Wall Fence
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Bay
  • Harbor

Home Design

  • Contemporary Architecture
  • Interior Block Wall
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 2,675 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace Features Masonry
  • Gas Fireplace
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Casement Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Attic Fan

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Halls are 36 inches wide or more
  • Doors swing in
  • No Interior Steps
  • More Than Two Accessible Exits

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Front Porch

Schools

  • Newport Harbor High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Water Purifier
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 99
  • Assessor Parcel Number 05002207

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,320

Year Built

Built in 1943 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Security System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05002207
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2675.00 Square Feet
  • Interior Amenities: Attic Fan, Balcony, Bar, Block Walls, Built-in Features, Ceiling Fan(s), Elevator, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In, Accessible Elevator Installed, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Patio, Gas, Fire Pit, Masonry
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1345.79
  • Room Type: All Bedrooms Up, Attic, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Two Masters, Walk-In Closet
  • Window Features: Casement Windows, Double Pane Windows, ENERGY STAR Qualified Windows, Screens
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Remodeled, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Bay, Harbor, Water
  • Fence: Yes
  • Fencing: Block, Vinyl
  • Patio And Porch Features: Deck, Patio, Front Porch, Roof Top, Stone
  • Pool Private: No
  • Spa: No
  • Construction Materials: Fiber Cement, Hardiplank Type, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage, Direct Garage Access, Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Self Cleaning Oven, Convection Oven, Dishwasher, Double Oven, Electric Oven, Gas Range, Gas Water Heater, Indoor Grill, High Efficiency Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Purifier
  • Electric: 220 Volts For Spa, 220 Volts in Garage, Electricity - On Property, Standard
  • Heating Type: Central, Zoned, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment, High Efficiency, Fireplace(s)
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • High School: Newport Harbor
  • High School: Newport Harbor
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 2550.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 10
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 31, 2017
Sold by
Stonewoood Homes Llc
Bought by
Raidy John E and Raidy Cherie S
Seller's Agent
Jodi DiTolla
EDWARD ALLAN REAL ESTATE
Buyer's Agent
Jodi DiTolla
EDWARD ALLAN REAL ESTATE
List Price
$3,995,000
Sold Price
$3,600,000
Premium/Discount to List
-$395,000
-9.89%
Total Days on Market
28
Current Estimated Value
$5,562,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,962,096
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Sep 14, 2015
Closed on
Feb 11, 2016
Sold by
Painter Peter Clarke
Bought by
Stonewood Homes Llc
Seller's Agent
Mary Hardesty
Mary Hardesty Realty
Buyer's Agent
Jodi DiTolla
EDWARD ALLAN REAL ESTATE
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.66%
Original Mortgage
$1,875,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2000
Sold by
Christine Painter Peter Clarke
Bought by
Painter Peter Clarke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.95%

Purchase Details

Closed on
Oct 17, 1997
Sold by
Bank Of American and Wiggins Mariana M Tr
Bought by
Painter Peter Clarke and Lytle Christine P

Purchase Details

Closed on
Jan 5, 1995
Sold by
Northern Trust Bank Of California
Bought by
Bank Of America and The Mariana M Wiggins Trust
Source: Public Records

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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
Raidy John E $3,600,000 Lawyers Title Co
Stonewood Homes Llc $2,150,000 Chicago Title Company
Painter Peter Clarke -- Chicago Title Co
Painter Peter Clarke -- --
Bank Of America -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Wood Homes Llc $255,000
Previous Owner Stonewood Homes Llc $2,675,000
Previous Owner Stonewood Homes Llc $175,000
Previous Owner Stonewood Homes Llc $2,160,000
Previous Owner Stonewood Homes Llc $1,875,000
Previous Owner Painter Peter Clarke $820,000
Previous Owner Painter Peter Clarke $820,000
Previous Owner Painter Peter Clarke $825,000
Previous Owner Painter Peter Clarke $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $3,600,000 -9.9% $1,346 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $3,995,000 +85.8% $1,493 / Sq Ft
02/26/2016 02/26/16 Sold $2,150,000 -2.3% $968 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
01/19/2016 01/19/16 Price Changed $2,200,000 -4.3% $990 / Sq Ft
09/14/2015 09/14/15 For Sale $2,300,000 -- $1,035 / 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 $44,320 $4,015,866 $3,327,773 $688,093
2023 $43,317 $3,937,124 $3,262,523 $674,601
2022 $42,617 $3,859,926 $3,198,552 $661,374
2021 $41,830 $3,784,242 $3,135,836 $648,406
2020 $39,794 $3,745,440 $3,103,682 $641,758
2019 $38,965 $3,672,000 $3,042,825 $629,175
2018 $38,186 $3,600,000 $2,983,161 $616,839
2017 $92,952 $2,573,917 $2,067,728 $506,189
2016 $7,568 $694,983 $578,608 $116,375
2015 $7,494 $684,544 $569,917 $114,627
2014 $7,317 $671,135 $558,753 $112,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17143893

California Regional Multiple Listing Service (CRMLS)

APN: 050-022-07