NOT LISTED FOR SALE

Estimated Value: $4,554,722 - $6,363,000

4 Beds
4.5 Baths
2,300 Sq Ft
$2,240/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $3,385,000 $1,472 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $29,343/month

77 Days on Market

Highlights

  • Wine Cellar
  • Rooftop Deck
  • Custom Home
  • Abraham Lincoln Elementary School Rated A
  • Back Bay Views
  • Open Floorplan

About This Home

As of February 2018

Come home to this stunning California coastal contemporary masterpiece. Deemed a ‘special place’ by locals, this brand new custom home is situated on a prime lot on the quintessential and charming ‘Little Island’ of Balboa Island in Newport Beach. The classic indoor/outdoor living that we all enjoy is at your fingertips with the large stackable La Cantina sliding doors included through out the home. Held within three stories and featuring an all level elevator, home wide Cat6 wiring and focal point wine closet; the amenities are abundant for family and friends to enjoy. With 3 spacious bedrooms plus third level bonus room or 4th bedroom, 4.5 bathrooms and walk in closets, you will find generous living space and storage. The third floor loft/flex space and rooftop deck is sure to be a gathering place on your weekends.

Last Agent to Sell the Property

Jaime Weber

Compass License #01963871 Listed on: 11/01/2017

Compass

Last Buyer's Agent

Jaime Weber

Compass License #01963871 Listed on: 11/01/2017

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,793

Year Built

  • Built in 2017

Lot Details

  • 2,550 Sq Ft Lot
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Custom Home
  • Cape Cod Architecture

Interior Spaces

  • 2,300 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Loft
  • Bonus Room
  • Wood Flooring
  • Back Bay Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Balboa Island Little Island Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 103
  • Assessor Parcel Number 05019307

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,793

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Architectural Style: Cape Cod, Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05019307
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2300.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Open Floorplan, Pantry, Stone Counters, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1471.74
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Loft, Master Bathroom, Master Bedroom, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Back Bay
  • Patio And Porch Features: Covered, Roof Top
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front
  • 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 Total: 1

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 3
  • Tax Tract Number: 103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2017
Closed on
Feb 13, 2018
Sold by
204 Crystal Newport Beach Llc
Bought by
Longo Blake and Longo Denise
Seller's Agent
Jaime Weber
Compass
Buyer's Agent
Jaime Weber
Compass
List Price
$3,795,000
Sold Price
$3,385,000
Premium/Discount to List
-$410,000
-10.8%
Current Estimated Value
$5,152,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,767,931
Original Mortgage
$2,000,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 8, 2014
Sold by
Lockman Richard and Lockman Patricia Carpenter
Bought by
204 Crystal Newport Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 2002
Sold by
Carpenter Lockman Patricia
Bought by
Lockman Richard and Carpenter Lockman Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 13, 1998
Sold by
Patricia Carpenter Lockman
Bought by
Carpenter Lockman Patricia and Patricia Lockman Carpenter Revocable Tr
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
Longo Blake $3,385,000 Lawyers Title
204 Crystal Newport Beach Llc $1,800,000 Chicago Title Company
Lockman Richard -- California Counties Title Co
Carpenter Lockman Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Longo Blake D $2,259,000
Closed Longo Blake $1,038,000
Closed Longo Family Trust $1,030,000
Closed Longo Blake $2,000,000
Previous Owner 204 Crystal Newport Beach Llc $2,000,000
Previous Owner 204 Crystal Newport Beach Llc $800,000
Previous Owner 204 Crystal Newport Beach Llc $800,000
Previous Owner Lockman Richard $200,000
Previous Owner Lockman Richard $450,000
Previous Owner Lockman Richard $160,000
Previous Owner Lockman Richard $160,000
Previous Owner Lockman Richard $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $3,385,000 -10.8% $1,472 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $3,795,000 -- $1,650 / 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 $17,793 $1,693,873 $976,524 $717,349
2024 $17,793 $1,660,660 $957,376 $703,284
2023 $17,374 $1,628,099 $938,604 $689,495
2022 $17,083 $1,596,176 $920,200 $675,976
2021 $16,755 $1,564,879 $902,157 $662,722
2020 $16,593 $1,548,834 $892,907 $655,927
2019 $16,251 $1,518,465 $875,399 $643,066
2018 $30,134 $2,833,775 $1,858,371 $975,404
2017 $23,159 $2,166,331 $1,821,933 $344,398
2016 $19,911 $1,863,962 $1,786,209 $77,753
2015 $19,723 $1,835,964 $1,759,378 $76,586
2014 $1,801 $133,900 $101,992 $31,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17249153

California Regional Multiple Listing Service (CRMLS)

APN: 050-193-07