NOT LISTED FOR SALE

206 Pearl Ave Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $4,218,000 - $5,085,032

4 Beds
3.5 Baths
2,425 Sq Ft
$1,905/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $3,795,000 $1,565 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $28,618/month

Highlights

  • No HOA
  • Patio Home
  • 2-minute walk to Balboa Island Park
  • Abraham Lincoln Elementary School Rated A

About This Home

As of December 2021

Sold Before Processing

Last Agent to Sell the Property

Cole Tripp

Beverly and Company, Inc. License #02015267 Listed on: 12/22/2021

Beverly and Company, Inc.

Last Buyer's Agent

Michael Caruso

Christie's International R.E. Southern California License #01073919

Christie's International R.E. Southern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,938

Year Built

  • Built in 1939

Lot Details

  • 2,550 Sq Ft Lot

Home Design

  • Patio Home

Interior Spaces

  • 2,425 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 8
  • Tax Tract Number 99
  • Assessor Parcel Number 05003119
  • $360 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,938

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05003119
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2425.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1564.95
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • 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 Block: 8
  • Tax Census Tract: 630.06
  • Tax Lot: 27
  • Tax Tract Number: 99
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2021
Closed on
Nov 30, 2021
Sold by
206 Pearl Llc
Bought by
Larocca Tracee L and The Tracee L Larocca Living Tr
Seller's Agent
Cole Tripp
Beverly and Company, Inc.
Buyer's Agent
Michael Caruso
Christie's International R.E. Southern California
List Price
$3,795,000
Sold Price
$3,795,000
Current Estimated Value
$4,619,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$824,758
Avg. Annual Appreciation
5.47%
Original Mortgage
$3,000,000
Outstanding Balance
$2,732,295
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,887,463

Purchase Details

Listed on
Nov 8, 2017
Closed on
Nov 27, 2017
Sold by
Smith Elizabeth M and Smith Ward Elizabeth M
Bought by
206 Pearl Llc
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Corey Kohnke
Corey Kohnke, Broker
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.22%
Original Mortgage
$1,900,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2011
Sold by
Smith Elizabeth
Bought by
Smith Ward Elizabeth M

Purchase Details

Closed on
Aug 7, 2007
Sold by
Smith Elizabeth
Bought by
Smith Elizabeth and Gaviglio Jeannette

Purchase Details

Closed on
Sep 1, 1998
Sold by
Smith Agnes M
Bought by
Smith Agnes M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larocca Tracee L $3,795,000 Wfg National Title Co Of Ca
206 Pearl Llc $2,150,000 Lawyers Title
Smith Ward Elizabeth M -- None Available
Smith Elizabeth -- None Available
Smith Agnes M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larocca Tracee L $3,000,000
Previous Owner 206 Pearl Llc $1,900,000
Previous Owner 206 Pearl Llc $1,900,000
Previous Owner Kear Lauren Nancy $600,000
Previous Owner Smith Agnes M $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 For Sale $3,795,000 0.0% $1,565 / Sq Ft
12/21/2021 12/21/21 Sold $3,795,000 +76.5% $1,565 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
12/20/2017 12/20/17 Sold $2,150,000 -2.3% $882 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $2,200,000 -- $903 / 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 $41,938 $4,027,284 $3,473,351 $553,933
2024 $41,938 $3,948,318 $3,405,246 $543,072
2023 $40,959 $3,870,900 $3,338,476 $532,424
2022 $40,283 $3,795,000 $3,273,015 $521,985
2021 $29,898 $2,646,295 $2,134,054 $512,241
2020 $25,793 $2,415,630 $2,112,172 $303,458
2019 $23,671 $2,217,323 $2,070,757 $146,566
2018 $23,088 $2,150,000 $2,030,154 $119,846
2017 $8,801 $789,544 $661,238 $128,306
2016 $8,607 $774,063 $648,272 $125,791
2015 $8,524 $762,436 $638,534 $123,902
2014 $8,325 $747,501 $626,026 $121,475
Source: Public Records

Agents Affiliated with this Home

  • Cole Tripp

    Seller's Agent in 2021

    Cole Tripp

    Beverly and Company, Inc.

    (949) 877-3710

    3 in this area

    6 Total Sales

    Cole Tripp
    Section Image
  • Michael Caruso

    Buyer's Agent in 2021

    Michael Caruso

    Christie's International R.E. Southern California

    (949) 584-2300

    1 in this area

    65 Total Sales

    Michael Caruso
    Section Image
  • Phillip Caruso

    Buyer Co-Listing Agent in 2021

    Phillip Caruso

    Christie's International R.E. Southern California

    (949) 545-2000

    1 in this area

    66 Total Sales

    Phillip Caruso
    Section Image
  • Don Abrams

    Seller's Agent in 2017

    Don Abrams

    Abrams Coastal Properties

    (714) 325-9055

    66 in this area

    95 Total Sales

    Don Abrams
    Section Image

  • C

    Buyer's Agent in 2017

    Corey Kohnke

    Corey Kohnke, Broker

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21267954

California Regional Multiple Listing Service (CRMLS)

APN: 050-031-19

California Orange County Newport Beach 92662 Balboa Island

206 Pearl Ave, Newport Beach, CA

This home is located at 206 Pearl Ave, Newport Beach, CA 92662 since 22 December 2021 and is currently estimated at $4,619,758, approximately $1,905 per square foot. This property was built in 1939. 206 Pearl Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes