NOT LISTED FOR SALE

Estimated Value: $3,827,000 - $5,961,000

3 Beds
4.5 Baths
2,325 Sq Ft
$2,292/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $5,600,000 $2,409 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $32,062/month

Highlights

  • New Construction
  • Rooftop Deck
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • Fireplace in Primary Bedroom

About This Home

As of May 2024

Input for comp purposes only. Spectacular brand new home built by Keystone Development.

Last Agent to Sell the Property

Ryan Gunderson

Arbor Real Estate License #01869795 Listed on: 05/13/2024

Arbor Real Estate

Last Buyer's Agent

Chris Pettit

Skyline Commercial Real Estate License #01983950

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,644

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 2,550 Sq Ft Lot
  • Rectangular Lot
  • Drip System Landscaping
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Parking Available

Property Views

  • Bay
  • City Lights
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Fire Rated Drywall
  • Metal Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,325 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Double Pane Windows
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Rooftop Deck
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association
  • Built by Keystone DCS
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 50
  • Assessor Parcel Number 05012310
  • $33,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,644

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05012310
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2325.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2408.60
  • Room Type: All Bedrooms Up, Primary Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Bay, City Lights, Peek-A-Boo
  • Builder Name: Keystone DCS
  • Patio And Porch Features: Deck, Patio, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Freezer, High Efficiency Water Heater, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Sprinklers Drip System
  • 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: 2

Tax Info

  • Tax Lot: 4
  • Tax Tract: 05012310
  • Tax Tract Number: 050...
  • TaxOtherAnnualAssessmentAmount: 33000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
May 9, 2024
Sold by
206 Apolena Investment Llc
Bought by
Carolyn Hansen Revocable Trust and Hansen
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Chris Pettit
Skyline Commercial Real Estate
List Price
$5,600,000
Sold Price
$5,600,000
Views
1
Current Estimated Value
$5,327,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$272,150
Avg. Annual Appreciation
-2.98%

Purchase Details

Closed on
Jan 7, 2022
Sold by
206 Apolena Investment Llc
Bought by
City Of Newport Beach

Purchase Details

Closed on
Jan 4, 2022
Sold by
Nguyen Chinh M
Bought by
206 Apolena Investment Llc

Purchase Details

Listed on
Feb 9, 2021
Closed on
May 4, 2021
Sold by
Trinh Tuyet Oanh T
Bought by
Nguyen Chinh M
Seller's Agent
Jeanne Carni
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.86%
Original Mortgage
$1,680,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 29, 2021
Sold by
206 Apolena Avenue Llc
Bought by
Nguyen Chinh M
Seller's Agent
Jeanne Carni
Pacific Sotheby's Int'l Realty
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2019
Closed on
Mar 25, 2019
Sold by
Lippnik Eugene J and Lippnik Karen M
Bought by
206 Apolena Avenue Llc
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Jeanne Carni
Pacific Sotheby's Int'l Realty
List Price
$1,995,000
Sold Price
$1,875,000
Premium/Discount to List
-$120,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Oct 31, 2006
Sold by
Lippnik Eugene J
Bought by
Lippnik Eugene J and Lippnik Karen M

Purchase Details

Closed on
Dec 30, 2004
Sold by
Lippnik Eugene J and Lippnik Karen M
Bought by
Lippnik Eugene J and Lippnik Karen M

Purchase Details

Closed on
May 6, 2004
Sold by
Revoc Jim and Revoc Susan
Bought by
Lippnik Eugene J and Lippnik Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,031,250
Interest Rate
4.44%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 6, 2002
Sold by
Christol Deacon Susan
Bought by
Christol Deacon Susan and Deacon Jim

Purchase Details

Closed on
Dec 5, 1994
Sold by
Lippnik Karen M
Bought by
Lippnik Eugene J
Source: Public Records

Range of Values:

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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
Carolyn Hansen Revocable Trust $5,600,000 Lawyers Title Company
City Of Newport Beach -- None Listed On Document
206 Apolena Investment Llc -- None Listed On Document
Nguyen Chinh M -- Lawyers Title
Nguyen Chinh M $2,100,000 Lawyers Title
206 Apolena Avenue Llc $1,875,000 Orange Coast Ttl Co Of Socal
Lippnik Eugene J -- Landamerica Commonwealth Tit
Lippnik Eugene J -- Landamerica Commonwealth Tit
Lippnik Eugene J -- Landamerica Commonwealth Tit
Lippnik Eugene J -- --
Lippnik Eugene J $1,375,000 Equity Title
Christol Deacon Susan -- --
Lippnik Eugene J -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 206 Apolena Investment Llc $5,000
Previous Owner Nguyen Chinh M $1,680,000
Previous Owner Lippnik Eugene J $1,110,000
Previous Owner Lippnik Eugene J $1,031,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $5,600,000 0.0% $2,409 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $5,600,000 +166.7% $2,409 / Sq Ft
05/06/2021 05/06/21 Sold $2,100,000 -8.5% $1,387 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $2,295,000 +22.4% $1,516 / Sq Ft
03/29/2019 03/29/19 Sold $1,875,000 -6.0% $1,247 / Sq Ft
03/01/2019 03/01/19 For Sale $1,995,000 -- $1,326 / 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 $31,644 $2,704,009 $2,016,295 $687,714
2023 $26,799 $2,262,490 $1,976,760 $285,730
2022 $23,041 $2,142,000 $1,938,000 $204,000
2021 $20,837 $1,932,313 $1,865,350 $66,963
2020 $20,637 $1,912,500 $1,846,223 $66,277
2019 $18,564 $1,718,153 $1,647,955 $70,198
2018 $18,196 $1,684,464 $1,615,642 $68,822
2017 $17,876 $1,651,436 $1,583,963 $67,473
2016 $17,476 $1,619,055 $1,552,905 $66,150
2015 $17,311 $1,594,736 $1,529,579 $65,157
2014 $16,903 $1,563,498 $1,499,617 $63,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24095102

California Regional Multiple Listing Service (CRMLS)

APN: 050-123-10