NOT LISTED FOR SALE

Estimated Value: $3,239,000 - $3,577,882

1 Bed
1 Bath
627 Sq Ft
2,570 Sq Ft Lot

Last Sold May 22, 2018

Last sale price $2,150,000 $3,429 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $21,071/month

Highlights

  • No Units Above
  • Updated Kitchen
  • Wood Flooring
  • Abraham Lincoln Elementary School Rated A
  • Deck
  • 2-minute walk to Balboa Island Park

About This Home

As of March 2019

Looking for an amazing upstairs back unit on Balboa Island with one of the biggest entertaining decks that’s rarely available? Step inside this cozy upper unit of a French style duplex located in the heart of Balboa Island which offers a private enclave to enjoy the California lifestyle. The open family room is accompanied by a large window overlooking the entertaining deck and double French doors access the patio from the kitchen. Loads of natural light awash the interiors with brilliant morning sunshine and surprising ample interior storage is included. A cozy dining area is just off the fully appointed kitchen complete with its own dishwasher, refrigerator and tasteful granite counters. In addition, this one-bedroom flat has a large walk-in closet with an overhead pull-down stairs to storage in the attic and dual entrances to the bathroom. Enjoy access to local restaurants, coffee shops and the ferry all in a quick walk or bike ride. Listen to the sounds of sea lions and night and the distant ocean waves. Immediate occupancy available. Make this your home today~. Note that this does not include parking or laundry facilities. Must use laundromat for laundry.

Last Agent to Rent the Property

Pegi Dirienzo

Real Broker License #01219774 Listed on: 02/22/2019

Real Broker

Last Renter's Agent

Pegi Dirienzo

Real Broker License #01219774 Listed on: 02/22/2019

Real Broker

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,206

Year Built

  • Built in 1942

Lot Details

  • No Units Above
  • 1 Common Wall
  • No Landscaping

Parking

  • On-Street Parking

Interior Spaces

  • 627 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes electricity
  • 12-Month Minimum Lease Term
  • Available 2/22/19
  • Tax Lot 18
  • Tax Tract Number 99
  • Assessor Parcel Number 05007213

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$28,206

Year Built

Built in 1942

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2019-02-22
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 05007213
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 627.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.59
  • Room Type: Great Room, Kitchen, Master Bedroom
  • Bathroom Features: Shower In Tub, Linen Closet/Storage
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck, Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Rent Includes: Electricity

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 27, 2019
Sold by
Razzano John
Bought by
Razzano John
Seller's Agent
Pegi Dirienzo
Real Broker
Buyer's Agent
Pegi Dirienzo
Real Broker
Sold Price
$2,250
Current Estimated Value
$3,418,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,416,733
Original Mortgage
$1,440,000
Outstanding Balance
$1,270,895
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,842,718

Purchase Details

Listed on
Feb 22, 2019
Closed on
Feb 15, 2019
Sold by
Razzano John
Bought by
Razzano John
Seller's Agent
Pegi Dirienzo
Real Broker
Buyer's Agent
Pegi Dirienzo
Real Broker
Sold Price
$2,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Outstanding Balance
$1,270,895
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,842,718

Purchase Details

Closed on
Aug 8, 2018
Sold by
Razzano John
Bought by
Razzano John

Purchase Details

Listed on
May 22, 2018
Closed on
Mar 29, 2018
Sold by
Herbert Gavin S
Bought by
Razzano John
Seller's Agent
Richard Dewey
Pacific Sotheby’s International Realty
Buyer's Agent
Pegi Dirienzo
Real Broker
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$1,450,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 13, 2009
Sold by
Laub Joel A
Bought by
Gleis Josephine D Troy

Purchase Details

Closed on
Mar 16, 2005
Sold by
Pumphrey Marshall C and Pumphrey Shirley S
Bought by
Laub Joel A
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
Razzano John -- None Available
Razzano John -- Lawyers Title Oc
Razzano John -- None Available
Razzano John $2,150,000 First American Title Co
Gleis Josephine D Troy $1,770,000 Multiple
Gleis Josephine D Troy $1,800,000 Multiple
Laub Joel A $1,725,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razzano John $1,440,000
Previous Owner Razzano John $1,450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Rented $2,250 0.0% --
03/01/2019 03/01/19 Off Market $2,250 -- --
02/26/2019 02/26/19 For Rent $2,250 0.0% --
02/25/2019 02/25/19 Off Market $2,250 -- --
02/22/2019 02/22/19 For Rent $2,250 0.0% --
05/22/2018 05/22/18 Sold $2,150,000 0.0% $1,303 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $2,150,000 -- $1,303 / 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 $28,206 $2,446,330 $2,258,606 $187,724
2024 $28,206 $2,398,363 $2,214,319 $184,044
2023 $27,514 $2,351,337 $2,170,901 $180,436
2022 $24,541 $2,305,233 $2,128,334 $176,899
2021 $24,069 $2,260,033 $2,086,602 $173,431
2020 $23,837 $2,236,860 $2,065,207 $171,653
2019 $23,342 $2,193,000 $2,024,712 $168,288
2018 $21,407 $2,003,238 $1,811,524 $191,714
2017 $21,028 $1,963,959 $1,776,004 $187,955
2016 $20,556 $1,925,450 $1,741,180 $184,270
2015 $20,363 $1,896,528 $1,715,025 $181,503
2014 $19,883 $1,859,378 $1,681,430 $177,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19038947

California Regional Multiple Listing Service (CRMLS)

APN: 050-072-13