NOT LISTED FOR SALE

214 Emerald Ave Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $7,267,000 - $7,557,000

5 Beds
5.5 Baths
4,030 Sq Ft
$1,821/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $3,750,000 $931 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $43,013/month

202 Days on Market

Highlights

  • Wine Cellar
  • Rooftop Deck
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • 3-minute walk to Balboa Island Park

About This Home

As of January 2016

Shore mooring available! Located on an over-sized corner lot on Balboa Island, this magnificent beach house boasts over 4,000 square feet and has quintessential Eastern Seaboard style. You are welcomed by a covered front porch with gleaming Brazilian wood flooring. An open foyer leads into the great room with its beamed ceilings, built-ins, fireplace with soapstone surround, and a wall of French doors leading to a private patio. The incredible kitchen combines function with flair and includes a large center island with seating bar, soapstone counter-tops, stainless steel appliances, a computer workstation, and a separate butler’s pantry including a temperature controlled wine cellar with display shelving for your prized bottles. The adjacent dining room has boxed beamed ceilings and French doors that welcome the nearby Bay breezes. The second level includes an additional family room with fireplace, three well appointed bedroom suites, and a master bedroom with petite views of the bay, an enormous custom closet and a sumptuous bath. A second staircase leads to the rooftop deck with panoramic views of the bay and city lights. Completing this lovely home is a rare three car garage with an extra gear garage large enough to store your boards and golf cart.

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 05/04/2015

Last Buyer's Agent

Jennifer Frazier

Arbor Real Estate License #01966652

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,693

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Three Garage Doors
  • Golf Cart Garage

Property Views

  • Bay
  • City Lights

Home Design

  • Custom Home
  • Turnkey

Interior Spaces

  • 4,030 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • Double Door Entry
  • Insulated Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Bonus Room with Fireplace
  • Loft
  • Storage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Wrap Around Porch
  • Wood Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 99
  • Assessor Parcel Number 05002202

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,693

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Smoke Detector(s), Security System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05002202
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4030.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Sound, Wainscoting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Insulated Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Bonus Room, Family Room
  • Levels: Two
  • Price Per Square Foot: 930.52
  • Room Type: Entry, Family Room, Great Room, Loft, Master Suite, Walk-In Closet, Wine Cellar
  • Window Features: Custom Covering, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: Bay, City Lights, Water
  • Patio And Porch Features: Covered, Porch, Roof Top, Stone, Wrap Around, Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Golf Cart Garage, Built-In Storage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Water Purifier, Water Softener
  • Heating Type: Central, Zoned
  • Laundry Features: In Garage, Inside, Upper Level
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4356.00
  • Price Per Lot Square Foot: 860.88
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2015
Closed on
Nov 25, 2015
Sold by
Curci John M and Curci Katherine A
Bought by
The Morales Family Trust
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jennifer Frazier
Arbor Real Estate
List Price
$4,299,000
Sold Price
$3,750,000
Premium/Discount to List
-$549,000
-12.77%
Current Estimated Value
$7,340,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,590,428
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
May 8, 2013
Sold by
Curci John M and Curci Katherine A
Bought by
Curci John M and Curci Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2013
Sold by
Curci John M and Curci Katherine A
Bought by
Curci John M and Curci Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2010
Sold by
Curci John M and Curci Katherine A
Bought by
Curci John M and Curci Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,350
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2001
Sold by
Adler Karen Lee and Robison Stacy Katherine
Bought by
Curci John M and Curci Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
The Morales Family Trust $3,750,000 North American Title Company
Curci John M -- First American Title Ofs
Curci John M -- First American Title Ofs
Curci John M -- First American Title Ins Co
Curci John M $1,245,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morales Francisco Javier $1,200,000
Previous Owner Curci John M $561,000
Previous Owner Curci John M $603,000
Previous Owner Curci John M $621,350
Previous Owner Curci John M $741,000
Previous Owner Curci John M $750,800
Previous Owner Curci John M $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $3,750,000 -6.1% $931 / Sq Ft
11/22/2015 11/22/15 Pending -- -- --
07/16/2015 07/16/15 Price Changed $3,995,000 -7.1% $991 / Sq Ft
05/04/2015 05/04/15 For Sale $4,299,000 -- $1,067 / 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 $48,693 $4,439,238 $3,413,767 $1,025,471
2024 $48,693 $4,352,195 $3,346,831 $1,005,364
2023 $47,603 $4,266,858 $3,281,207 $985,651
2022 $46,839 $4,183,195 $3,216,870 $966,325
2021 $45,986 $4,101,172 $3,153,794 $947,378
2020 $43,023 $4,059,120 $3,121,456 $937,664
2019 $42,124 $3,979,530 $3,060,251 $919,279
2018 $41,281 $3,901,500 $3,000,246 $901,254
2017 $40,548 $3,825,000 $2,941,417 $883,583
2016 $24,023 $2,255,790 $1,497,532 $758,258
2015 $23,724 $2,221,906 $1,475,037 $746,869
2014 $23,163 $2,178,382 $1,446,143 $732,239
Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2016

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    3 in this area

    153 Total Sales

    Tim Carr
    Section Image
  • Jennifer Frazier

    Buyer's Agent in 2016

    Jennifer Frazier

    Arbor Real Estate

    (949) 400-9984

    22 Total Sales

    Jennifer Frazier
    Section Image

  • T

    Buyer Co-Listing Agent in 2016

    Tami Macdonald

    Arbor Real Estate

    (949) 370-2934

    5 Total Sales

    Tami Macdonald
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15095099

California Regional Multiple Listing Service (CRMLS)

APN: 050-022-02

California Orange County Newport Beach 92662 Balboa Island

214 Emerald Ave, Newport Beach, CA

This home is located at 214 Emerald Ave, Newport Beach, CA 92662 since 04 May 2015 and is currently estimated at $7,340,428, approximately $1,821 per square foot. This property was built in 2004. 214 Emerald Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and Our Lady Queen Of Angels.

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

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