NOT LISTED FOR SALE

Estimated Value: $4,382,264 - $5,484,000

3 Beds
2.5 Baths
2,147 Sq Ft
$2,191/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $2,625,000 $1,223 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $29,211/month

41 Days on Market

Highlights

  • Rooftop Deck
  • Custom Home
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • City Lights View
  • 3-minute walk to Balboa Island Park

About This Home

As of June 2016

Captivating custom traditional home, circa 1994, located on the "Quiet End" of Balboa Island just 5 doors to the Bay. This timelessly charming home offers 3 bedrooms, 2.5 baths, hardwood floors, granite counter tops, laundry room, air conditioning and a sunny private roof deck! The first floor has an open floor plan with a great room with French doors that open to an elevated front patio. The modern chef's kitchen has a large seating counter and there is a separate cheerful dining area as well. The second floor has a large master suite with spacious bath and closet area and two additional bedrooms (one with a wardrobe but no formal closet). The third level has an awesome roof deck plus storage space. This custom home offers a seamless blend of modern design with the charm of yesteryear. Great opportunity to own a home on Balboa Island with the all the features and benefits of a new home without the new home price!

Last Agent to Sell the Property

Don Abrams

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

Last Buyer's Agent

Don Abrams

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

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,637

Year Built

  • Built in 1994

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Rectangular Lot

Parking

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

Home Design

  • Custom Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,147 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • City Lights Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Exterior Lighting
  • Brick Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 99
  • Assessor Parcel Number 05002206

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,637

Year Built

Built in 1994

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
  • Architectural Style: Custom Built, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05002206
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2147.00
  • Interior Amenities: Balcony, Crown Molding, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1222.64
  • Room Type: All Bedrooms Up, Great Room, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: City Lights
  • Patio And Porch Features: Brick, Porch, Roof Top
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Water Softener
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • 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

  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 1029.41

Multi Family

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

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2020
Sold by
Frinzi Thomas and Sharpe Frinzi Karen
Bought by
Frinzi Thomas and Frinzi Karen
Total Days on Market
41
Current Estimated Value
$4,704,316

Purchase Details

Listed on
Apr 4, 2016
Closed on
May 19, 2016
Sold by
Sobraske Robert E
Bought by
Frinzi Thomas and Sharpe Frinzi Karen
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$2,795,000
Sold Price
$2,625,000
Premium/Discount to List
-$170,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$1,625,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2000
Sold by
Christy James R and Christy Karin S
Bought by
Sobraske Robert E and The Sobraske Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
8.37%

Purchase Details

Closed on
Sep 23, 1997
Sold by
Badham Robert E and Badham Anne C
Bought by
Christy James R and Christy Karin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.37%

Purchase Details

Closed on
Aug 2, 1996
Sold by
Badham Robert E and Badham Anne C
Bought by
Badham Robert E and Badham Anne C

Purchase Details

Closed on
Sep 1, 1995
Sold by
Badham Robert E and Badham Anne C
Bought by
Badham Robert E and Badham Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.87%

Purchase Details

Closed on
Aug 26, 1993
Sold by
Peterson Suzanne Penny
Bought by
Peterson Suzanne Penny
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
Frinzi Thomas -- None Available
Frinzi Thomas $2,625,000 Lawyers Title Insurance Corp
Sobraske Robert E $1,399,000 Guardian Title Company
Christy James R $875,000 Chicago Title Co
Badham Robert E -- --
Badham Robert E -- Chicago Title Co
Peterson Suzanne Penny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frinzi Thomas $1,017,365
Closed Frinzi Thomas $1,625,000
Previous Owner Sobraske Robert E $750,000
Previous Owner Christy James R $20,000
Previous Owner Christy James R $50,000
Previous Owner Christy James R $700,000
Previous Owner Badham Robert E $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2016 06/21/16 Sold $2,625,000 -6.1% $1,223 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $2,795,000 -- $1,302 / 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 $33,637 $3,166,398 $2,706,209 $460,189
2023 $32,849 $3,104,312 $2,653,146 $451,166
2022 $32,305 $3,043,444 $2,601,124 $442,320
2021 $31,684 $2,983,769 $2,550,121 $433,648
2020 $30,083 $2,841,384 $2,523,973 $317,411
2019 $29,573 $2,785,671 $2,474,483 $311,188
2018 $28,981 $2,731,050 $2,425,963 $305,087
2017 $28,467 $2,677,500 $2,378,395 $299,105
2016 $3,477 $298,225 $76,833 $221,392
2015 $3,443 $293,746 $75,679 $218,067
2014 -- $287,992 $74,196 $213,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16069362

California Regional Multiple Listing Service (CRMLS)

APN: 050-022-06