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Landlord's Agent in 2018
Nicole Sears
Villa Asset Management
214 Garnet Ave Unit 1/2 Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,113,000 - $8,751,968
1
Bed
1
Bath
1,000
Sq Ft
$6,751/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- 3-minute walk to Balboa Island Park
- Abraham Lincoln Elementary School Rated A
- Laundry Room
About This Home
As of September 2018Winter Rental on Balboa Island. Available 9/15/18 - 3/31/19. Take advantage of the opportunity to enjoy the outdoor environment during the winter months that this story book island is known for. Walk or bike to Marine Avenue where you will find an assortment of restaurants and local shops. Hop on the Balboa Island Ferry for a short ride to continue your exploration and enjoy the bygone era Fun Zone and Newport Peninsula. The back unit/above the garage is a 1 bedroom, 1 bath, with a spacious living area, hard wood floors and outdoor patio. Extra storage available.
Last Agent to Rent the Property
Nicole Sears
Villa Asset Management License #01871254 Listed on: 08/30/2018
Last Renter's Agent
Nicole Sears
Villa Asset Management License #01871254 Listed on: 08/30/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $64,035
Year Built
- Built in 1946
Lot Details
- 2,614 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
Interior Spaces
- 1,000 Sq Ft Home
- Living Room with Fireplace
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- All Upper Level Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Patio
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $3,000
- 6-Month Minimum Lease Term
- Available 9/15/18
- Tax Lot 29
- Tax Tract Number 99
- Assessor Parcel Number 05003212
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 21, 2022
Sold by
Gregg And Robyn Moss Revocable Trust
Bought by
214 Garnet Ave Management Trust
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
$3,000,000
Outstanding Balance
$2,859,283
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$3,095,698
Purchase Details
Closed on
Mar 31, 2021
Sold by
214 Garnet Avenue Llc
Bought by
Moss Gregg and Gaines Moss Robyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 30, 2018
Closed on
Oct 3, 2018
Sold by
Jabara Gary
Bought by
214 Garnet Avenue Llc
Seller's Agent
Nicole Sears
Villa Asset Management
Buyer's Agent
Nicole Sears
Villa Asset Management
Sold Price
$1,800
Purchase Details
Closed on
Jul 9, 2018
Sold by
Andrea Louse P D
Bought by
Jabara Gary
Purchase Details
Closed on
Sep 14, 1999
Sold by
Dinunzio and Mary
Bought by
Dandrea Louise P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 11, 1994
Sold by
Bauer Michelle A
Bought by
Dinunzio Robert A and Dinunzio Mary F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 1993
Sold by
Richards Malcolm G
Bought by
Bauer Michelle A
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 |
|---|---|---|---|
| 214 Garnet Ave Management Trust | $5,800,000 | Orange Coast Title | |
| Moss Gregg | $4,647,500 | Ticor Title Company | |
| 214 Garnet Avenue Llc | -- | None Available | |
| Jabara Gary | $2,040,000 | Fidelity Natl Title | |
| Dandrea Louise P | $750,000 | Orange Coast Title | |
| Dinunzio Robert A | $525,000 | California Counties Title Co | |
| Bauer Michelle A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 214 Garnet Ave Management Trus | $3,000,000 | |
| Previous Owner | Moss Gregg | $2,350,000 | |
| Previous Owner | Andrea Louise P D | $750,000 | |
| Previous Owner | Dandrea Louise P | $435,290 | |
| Previous Owner | Dandrea Louise P | $250,000 | |
| Previous Owner | Dandrea Louise P | $415,000 | |
| Previous Owner | Dandrea Louise P | $415,000 | |
| Previous Owner | Dandrea Louise P | $415,000 | |
| Previous Owner | Dinunzio Robert A | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2018 09/25/18 | Rented | $1,800 | 0.0% | -- |
| 08/30/2018 08/30/18 | For Rent | $1,800 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $64,035 | $6,155,006 | $5,035,490 | $1,119,516 |
| 2024 | $64,035 | $6,034,320 | $4,936,755 | $1,097,565 |
| 2023 | $62,541 | $5,916,000 | $4,839,955 | $1,076,045 |
| 2022 | $50,364 | $4,740,287 | $3,730,279 | $1,010,008 |
| 2021 | $33,974 | $3,002,384 | $2,038,193 | $964,191 |
| 2020 | $23,854 | $2,218,599 | $2,017,294 | $201,305 |
| 2019 | $21,948 | $2,040,000 | $1,977,740 | $62,260 |
| 2018 | $11,068 | $1,013,099 | $938,188 | $74,911 |
| 2017 | $10,872 | $993,235 | $919,792 | $73,443 |
| 2016 | $10,630 | $973,760 | $901,757 | $72,003 |
| 2015 | $10,527 | $959,134 | $888,212 | $70,922 |
| 2014 | $10,278 | $940,346 | $870,813 | $69,533 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18222850
APN: 050-032-12
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