NOT LISTED FOR SALE

Estimated Value: $5,645,000 - $6,663,000

2 Beds
1 Bath
880 Sq Ft
$7,000/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $1,950,000 $2,216 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $37,465/month

10 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 2 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A
  • Front Porch
  • 2-minute walk to Balboa Island Park

About This Home

As of March 2021

A charming Balboa Island home that is walking distance from the Marina! This two bedroom, one bathroom cozy home is seated just one block away from the Marina and the Ferry, South Bayfront. Complete with a white picket fence, a dutch door, and wood beamed ceilings, this sun filled bright home is a delight. Highly coveted location is perfect for a home away from home or even a primary home. Just a short distance away is a public guest dock, North Bayfront. The home is situated in a prime location where everything you need is nearby. Great full-sized parcel could even be a developers dream. Either way, you can't lose!

Last Agent to Sell the Property

Simona Nguyen

Coldwell Banker Realty License #02074145 Listed on: 01/03/2021

Last Buyer's Agent

AJ Olson Whitfield

Pacific Sotheby's Int'l Realty License #01869034

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1934

Lot Details

  • 2,550 Sq Ft Lot
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 880 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Outdoor Storage
  • Front Porch

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 23 / 10
  • Tax Tract Number 99
  • Assessor Parcel Number 05007217

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05007217
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 880.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2215.91
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Tar/Gravel
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 2550
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 10
  • Tax Lot: 23
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
203 Opal Llc
Bought by
Arrowhead Administration Llc
Current Estimated Value
$6,160,389

Purchase Details

Listed on
Jan 3, 2021
Closed on
Jan 27, 2021
Sold by
Black Raymond D and Raymond D Black Revocable Trus
Bought by
203 Opal Llc
Seller's Agent
Simona Nguyen
Coldwell Banker Realty
Buyer's Agent
AJ Olson Whitfield
Pacific Sotheby's Int'l Realty
List Price
$2,195,000
Sold Price
$1,950,000
Premium/Discount to List
-$245,000
-11.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.58%

Purchase Details

Closed on
Dec 14, 2017
Sold by
Black Raymond D
Bought by
Black Raymond D and Raymond D Black Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Arrowhead Administration Llc $5,700,000 Lawyers Title
203 Opal Llc $1,950,000 North American Title Co
Black Raymond D -- None Available
Black Raymond D -- None Available
Black Raymond D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2021 03/01/21 Sold $1,950,000 -11.2% $2,216 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $2,195,000 -- $2,494 / 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 $63,020 $5,814,000 $4,781,663 $1,032,337
2024 $63,020 $5,700,000 $4,687,904 $1,012,096
2023 $25,448 $2,147,251 $1,987,917 $159,334
2022 $20,867 $1,948,939 $1,948,939 $0
2021 $1,722 $129,033 $115,503 $13,530
2020 $1,705 $127,710 $114,318 $13,392
2019 $1,677 $125,206 $112,076 $13,130
2018 $1,646 $122,751 $109,878 $12,873
2017 $1,545 $120,345 $107,724 $12,621
2016 $1,512 $117,986 $105,612 $12,374
2015 $1,494 $116,214 $104,025 $12,189
2014 $1,459 $113,938 $101,987 $11,951
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20257882

California Regional Multiple Listing Service (CRMLS)

APN: 050-072-17