208 Emerald Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,434,000 - $6,067,000
3
Beds
2.5
Baths
2,286
Sq Ft
$2,253/Sq Ft
Est. Value
Highlights
- Bay View
- Wood Flooring
- Open to Family Room
- Abraham Lincoln Elementary School Rated A
- No HOA
- 3-minute walk to Balboa Island Park
About This Home
As of January 2020Welcome to one of the best-valued homes in one of the highest-valued locations available today on Balboa Island. Situated on one of the most desirable streets the Island has to offer, this custom home was built new in 2004 by Dennis Vitarelli, showcases an elevator to all three floors, provides an expansive roof deck, and much more. The home offers 3 bedrooms (third room is a large library or bonus room that could be converted into a bedroom, 3 baths, and a spacious loft on the third floor. 208 Emerald is ideally located on the Island’s quiet end, just a few doors from the Bayfront, and on a street with public dock access; making it one of the most intriguing and strong values available today. The open concept floorplan provides tall ceilings, great natural light, and fantastic detail: a great canvas for a buyer to come in and improve to their needs. This one won't last long!
Last Agent to Sell the Property
Arbor Real Estate License #01869795 Listed on: 09/16/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,224
Year Built
- Built in 2004
Lot Details
- 2,550 Sq Ft Lot
- Rectangular Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
Property Views
- Bay
- City Lights
Interior Spaces
- 2,286 Sq Ft Home
- Family Room Off Kitchen
- Living Room with Fireplace
- Bonus Room with Fireplace
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Kitchen Island
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Additional Features
- More Than Two Accessible Exits
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Tax Lot 22
- Tax Tract Number 99
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2024
Sold by
Jon & Shaun Schisler Trust and Schisler Jon
Bought by
Jon & Shaun Schisler Trust and Schisler
Total Days on Market
77
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$2,685,127
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$2,398,774
Purchase Details
Listed on
Sep 16, 2019
Closed on
Dec 30, 2019
Sold by
Coop Kevin D and Coop Victoria M
Bought by
Schisler Jon and Schisler Shaun
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Kristi Cousens
Compass
List Price
$2,795,000
Sold Price
$2,700,000
Premium/Discount to List
-$95,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%
Original Mortgage
$2,160,000
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 24, 2018
Closed on
May 4, 2018
Sold by
Corby Alison Ehmig and Ehmig David William
Bought by
Coop Kevin D and Coop Victoria M
Seller's Agent
Mary Hardesty
Mary Hardesty Realty
Buyer's Agent
Mary Hardesty
Mary Hardesty Realty
List Price
$2,995,000
Sold Price
$2,725,000
Premium/Discount to List
-$270,000
-9.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%
Original Mortgage
$1,907,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Mar 24, 2008
Sold by
Ehmig William O and Ehmig Sue
Bought by
Ehmig William O and Ehmig Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,948,000
Interest Rate
4.48%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Dec 1, 2004
Sold by
Ehmig William O and Ehmig Sue
Bought by
Ehmig William O and Ehmig Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Similar Homes in the area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jon & Shaun Schisler Trust | -- | First American Title Company | |
| Schisler Jon | $2,700,000 | Fidelity Natl Ttl Orange Cnt | |
| Coop Kevin D | $2,725,000 | Chicago Title Co | |
| Ehmig William O | -- | Commonwealth Land Title Co | |
| Ehmig William O | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jon & Shaun Schisler Trust | $2,700,000 | |
| Previous Owner | Schisler Jon | $2,160,000 | |
| Previous Owner | Coop Kevin D | $1,907,500 | |
| Previous Owner | Ehmig William O | $2,948,000 | |
| Previous Owner | Ehmig William O | $150,000 | |
| Previous Owner | Ehmig William O | $550,000 | |
| Previous Owner | Ehmig William O | $500,000 | |
| Previous Owner | Ehmig William O | $290,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2020 01/15/20 | Sold | $2,700,000 | -3.4% | $1,181 / Sq Ft |
| 12/02/2019 12/02/19 | Pending | -- | -- | -- |
| 09/16/2019 09/16/19 | For Sale | $2,795,000 | +2.6% | $1,223 / Sq Ft |
| 06/08/2018 06/08/18 | Sold | $2,725,000 | -9.0% | $1,192 / Sq Ft |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- |
| 12/19/2017 12/19/17 | For Sale | $2,995,000 | -- | $1,310 / 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 |
|---|---|---|---|---|
| 2024 | $34,224 | $3,031,923 | $2,251,623 | $780,300 |
| 2023 | $33,455 | $2,972,474 | $2,207,474 | $765,000 |
| 2022 | $31,282 | $2,758,875 | $2,164,191 | $594,684 |
| 2021 | $30,960 | $2,727,972 | $2,121,756 | $606,216 |
| 2020 | $30,345 | $2,835,090 | $2,304,663 | $530,427 |
| 2019 | $29,717 | $2,779,500 | $2,259,473 | $520,027 |
| 2018 | $7,110 | $636,954 | $163,073 | $473,881 |
| 2017 | $6,984 | $624,465 | $159,875 | $464,590 |
| 2016 | $6,830 | $612,221 | $156,740 | $455,481 |
| 2015 | $6,762 | $603,025 | $154,385 | $448,640 |
| 2014 | $6,603 | $591,213 | $151,361 | $439,852 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Gunderson
R
Seller's Agent in 2020
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
-
Kristi Cousens
K
Buyer's Agent in 2020
Kristi Cousens
Compass
(949) 677-5554
21 Total Sales
-
Mary Hardesty
Seller's Agent in 2018
Mary Hardesty
Mary Hardesty Realty
(949) 675-3612
9 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19216685
APN: 050-022-25
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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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