NOT LISTED FOR SALE

Estimated Value: $2,674,000 - $4,634,000

2 Beds
3 Baths
1,165 Sq Ft
$3,020/Sq Ft Est. Value

Highlights

  • Private Dock Site
  • Updated Kitchen
  • Fireplace in Primary Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Home fronts a canal
  • Cathedral Ceiling

About This Home

As of April 2024

Rare Opportunity to live on Balboa Island with a Waterfront Location. Experience ideal coastal living in this charming, upgraded and fully furnished cottage overlooking Balboa Island Grand Canal. Dutch door entry leads to a large family room with expansive bay window with views to canal, cathedral ceilings, and updated remote control used brick fireplace. Remodeled kitchen features granite countertops, bar space and stainless-steel appliances and a separate dining area. Enjoy entertaining and relaxing on spacious patio overlooking the water. Private dock/mooring can accommodate up to an 18-foot boat. Other desirable features include newly painted interior, new carpet, custom window treatments, new air conditioning, new ceiling fans, recessed lighting, new floor tile bathrooms, new tub and shower doors, new toilets, two car garage and side space for bikes (2 beach cruisers included) or golf cart. Enjoy exploring Balboa Island with easy access to walking, biking, kayaking, paddle boarding and boating. Conveniently located to Island shopping, markets, restaurants, Fashion Island and Balboa Ferry that crosses over to Balboa Peninsula, Fun Zone and beaches.

Last Agent to Rent the Property

Christine Greubel

Seven Gables Real Estate Brokerage Phone: 714-608-1777 License #01134946 Listed on: 04/02/2024

Seven Gables Real Estate

Co-Listed By

Lisa Greubel

Seven Gables Real Estate Brokerage Phone: 714-608-1777 License #01004390

Last Renter's Agent

Ernie Caponera

Newport Properties License #00781214

Newport Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,937

Year Built

  • Built in 1927

Lot Details

  • 2,550 Sq Ft Lot
  • Home fronts a canal
  • Property fronts an alley
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Cottage

Interior Spaces

  • 1,165 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Formal Dining Room
  • Canal Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Dock Site
  • Fireplace in Patio
  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 5/1/24
  • Legal Lot and Block 23 / 11
  • Tax Tract Number 102
  • Assessor Parcel Number 05016326

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,937

Year Built

Built in 1927

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-05-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 10000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05016326
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1165.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Furnished, Granite Counters
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Separated
  • Entry Level: 1
  • Fireplace Features: Family Room, Kitchen, Primary Bedroom, Patio
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 6.44
  • Room Type: Family Room, Main Floor Bedroom, Primary Bedroom
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Canal
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • 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

  • Additional Parcels: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection, Water
  • Waterfront Features: Canal Front

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 630.06
  • Tax Lot: 23
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Hirz David G and Hirz Julie D
Bought by
Hirz David G and Hirz Julie D
Current Estimated Value
$3,518,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2009
Sold by
Hirz David G and Hirz Julie D
Bought by
Hirz David G and Hirz Julie D

Purchase Details

Closed on
Sep 2, 2008
Sold by
Smith Jeffrey L and Atkinson Jennifer J
Bought by
Hirz David G and Hirz Julie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 30, 2007
Sold by
Smith Donald M
Bought by
Smith Donald M and Donald M Smith Trust

Purchase Details

Closed on
Dec 4, 2000
Sold by
Smith Donald M
Bought by
Smith Donald M and Smith Family 2000 Irrevocable Trust
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
Hirz David G -- Provident Title Company
Hirz David G -- Fidelity National Title
Hirz David G -- Fidelity National Title
Hirz David G $2,175,000 Chicago Title Company
Smith Donald M -- None Available
Smith Donald M -- None Available
Smith Donald M $182,000 --
Smith Donald M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hirz David G $584,250
Closed Hirz David G $417,000
Closed Hirz David G $625,500
Closed Hirz David G $500,000
Closed Hirz David G $729,750
Previous Owner Smith Donald M $636,000
Previous Owner Smith Donald M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Rented $7,500 0.0% --
04/22/2024 04/22/24 Under Contract -- -- --
04/02/2024 04/02/24 For Rent $7,500 -- --
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 $31,937 $2,745,963 $2,705,708 $40,255
2023 $31,160 $2,692,121 $2,652,655 $39,466
2022 $28,128 $2,639,335 $2,600,642 $38,693
2021 $27,589 $2,587,584 $2,549,649 $37,935
2020 $27,324 $2,561,052 $2,523,505 $37,547
2019 $26,757 $2,510,836 $2,474,025 $36,811
2018 $26,224 $2,461,604 $2,425,514 $36,090
2017 $25,760 $2,413,338 $2,377,955 $35,383
2016 $25,180 $2,366,018 $2,331,328 $34,690
2015 $24,944 $2,330,479 $2,296,310 $34,169
2014 $20,757 $1,942,500 $1,910,684 $31,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24065320

California Regional Multiple Listing Service (CRMLS)

APN: 050-163-26