R
Seller's Agent in 2024
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
69 in this area
105 Total Sales
206 Apolena Ave Newport Beach, CA 92662
Balboa Island Neighborhood
5
Beds
3
Baths
1,514
Sq Ft
2,614
Sq Ft Lot
Highlights
- Main Floor Bedroom
- No HOA
- Beamed Ceilings
- Abraham Lincoln Elementary School Rated A
- Den
- Front Porch
About This Home
As of May 2024This wonderfully charming Balboa Island, two-unit cottage, offers a prime opportunity for a quaint beach home, and/or investment property. Situated in a perfectly bright and sunny location on the island, this unique home features the classic look and feel of Balboa Island comfort. The spacious front unit offers two bedrooms, and one bath, a den, living room with fireplace, new stovetop, refrigerator, and water heater, new heating and cooling system, vaulted wood-beamed ceilings, with new engineered wood floors. The rear upper unit provides additional living space with two bedrooms and one bath, a large living area, new carpeting, and a rooftop deck with views. There is an additional large bedroom and bath on the ground level, with new engineered wood floors, and washer/dryer hookup; perfect for guests or a work-from-home-office. Enjoy island living and immediate access to Balboa's many attractions such as shopping and dining in the village, fishing, and sailing, and much more just steps away from your doorstep.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01473658 Listed on: 02/09/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $31,644
Year Built
- Built in 1947
Lot Details
- 2,614 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Attached Garage
Home Design
- Duplex
Interior Spaces
- 1,514 Sq Ft Home
- Built-In Features
- Beamed Ceilings
- Living Room with Fireplace
- Den
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Patio
- Exterior Lighting
- Front Porch
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 4 / 19
- Tax Tract Number 101
- Assessor Parcel Number 05012310
Community Details
Overview
- No Home Owners Association
- 2 Units
- Balboa Island Main Island Subdivision
Recreation
- Water Sports
- Bike Trail
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$538,320
Avg. Annual Appreciation
-2.76%
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
24.23%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $5,600,000 | Lawyers Title Company | |
| Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Deed | -- | Lawyers Title | |
| Grant Deed | $2,100,000 | Lawyers Title | |
| Grant Deed | $1,875,000 | Orange Coast Ttl Co Of Socal | |
| Interfamily Deed Transfer | -- | Landamerica Commonwealth Tit | |
| Interfamily Deed Transfer | -- | Landamerica Commonwealth Tit | |
| Interfamily Deed Transfer | -- | Landamerica Commonwealth Tit | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $1,375,000 | Equity Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | California Counties Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,000 | Construction | |
| Previous Owner | $1,680,000 | New Conventional | |
| Previous Owner | $1,110,000 | Unknown | |
| Previous Owner | $1,031,250 | Negative Amortization |
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
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 | $31,644 | $5,712,000 | $4,755,494 | $956,506 |
| 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
-
Ryan Gunderson
-
Chris Pettit
Buyer's Agent in 2024
Chris Pettit
Skyline Commercial Real Estate
(949) 688-6530
1 in this area
18 Total Sales
-
Jeanne Carni
Seller's Agent in 2021
Jeanne Carni
Pacific Sotheby's Int'l Realty
(949) 698-1946
2 in this area
6 Total Sales
-
Don Abrams
Seller's Agent in 2019
Don Abrams
Abrams Coastal Properties
(714) 325-9055
65 in this area
94 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21022765
APN: 050-123-10
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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