NOT LISTED FOR SALE

Estimated Value: $3,103,000 - $6,921,000

4 Beds
3.5 Baths
2,498 Sq Ft
$1,980/Sq Ft Est. Value

Highlights

  • Furnished
  • No HOA
  • Laundry Room
  • Abraham Lincoln Elementary School Rated A
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2024

Excellent custom Island Cape Cod design that offers four bedrooms, five baths, two car garage, roof deck and more. The first floor offers a large living room with fireplace, high ceilings, and generous front patio with built-in BBQ. The first level also has a private back family room as well as a gourmet kitchen with Island. The second floor includes four spacious bedroom suites including a large master retreat. The third floor has a roof deck with fantastic City lights views. Located only a block from town, the home offers easy access on and off the Island, as well as dining, shops, coffee, and more. This is one of the nicest Island rentals available and can be leased starting December 16.

Last Agent to Rent the Property

Ryan Gunderson

Arbor Real Estate License #01869795 Listed on: 11/09/2023

Arbor Real Estate

Last Renter's Agent

Alexa Mills

Arbor Real Estate License #02120646

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,338

Year Built

  • Built in 2008

Lot Details

  • 2,550 Sq Ft Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,498 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes all utilities
  • 12-Month Minimum Lease Term
  • Available 2/1/24
  • Legal Lot and Block 20 / 20
  • Tax Tract Number 101
  • Assessor Parcel Number 05016123

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,338

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-02-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 2000
  • Deposit Security: 20000
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05016123
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2498.00 Square Feet
  • Stories: 1
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 5.94
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Sprinkler System
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months, 24 Months, Negotiable
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 630.06
  • Tax Lot: 20
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2014
Sold by
Binder Rhonda S
Bought by
Binder Rhonda Sue and Rhonda Sue Binder Trust
Current Estimated Value
$4,946,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Binder Rhonda Sue
Bought by
Binder Rhonda Sue and Rhonda Sue Binder Trust

Purchase Details

Closed on
Jan 22, 2010
Sold by
The Onyx Trust #217 Clc
Bought by
Binder Rhonda

Purchase Details

Closed on
Aug 11, 2009
Sold by
Mellerski Julia and Ossenmacher John
Bought by
The Onyx Trust #217 and Cic

Purchase Details

Closed on
Feb 23, 2007
Sold by
Buckhalter Paulette S
Bought by
Mellerski Julia and Ossenmacher John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,145,000
Interest Rate
7.75%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2005
Sold by
Luckett Kay
Bought by
Buckhalter Paulette S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 5, 2005
Sold by
Luckett Kay
Bought by
Luckett Kay and Trust Of Phyllis O Okrand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2005
Sold by
Luckett Kay
Bought by
Luckett Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Luckett Tony
Bought by
Luckett Kay and Trust Of Phyllis O Okrand

Purchase Details

Closed on
Jul 2, 2004
Sold by
Luckett Kay
Bought by
Luckett Tony

Purchase Details

Closed on
Dec 4, 1996
Sold by
Okrand Phyllis O Trust and Kay
Bought by
Okrand Phyllis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.76%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Binder Rhonda Sue -- Accommodation
Binder Rhonda S -- First American Title Company
Binder Rhonda Sue -- None Available
Binder Rhonda $2,399,000 Orange Coast Title
The Onyx Trust #217 $1,882,800 Accommodation
Mellerski Julia -- Orange Coast Title
Buckhalter Paulette S $1,699,000 Stewart Title
Luckett Kay -- --
Luckett Kay -- First American Title Co
Luckett Kay -- Chicago Title Co
Luckett Tony -- Chicago Title Co
Okrand Phyllis O -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Binder Rhonda Sue $750,000
Closed Binder Rhonda S $694,000
Closed Binder Rhonda Sue $729,750
Previous Owner Mellerski Julia $2,145,000
Previous Owner Mellerski Julia $413,000
Previous Owner Mellerski Julia $1,556,000
Previous Owner Buckhalter Paulette S $529,000
Previous Owner Buckhalter Paulette S $1,000,000
Previous Owner Luckett Kay $650,000
Previous Owner Luckett Kay $125,000
Previous Owner Okrand Kay $200,000
Previous Owner Okrand Kay $75,000
Previous Owner Okrand Kay $100,000
Previous Owner Okrand Phyllis O $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2024 01/13/24 Rented $14,850 0.0% --
01/02/2024 01/02/24 Price Changed $14,850 -15.1% $6 / Sq Ft
11/09/2023 11/09/23 For Rent $17,500 -- --
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
2025 $32,338 $3,096,685 $2,425,499 $671,186
2024 $32,338 $3,035,966 $2,377,940 $658,026
2023 $31,509 $2,976,438 $2,331,314 $645,124
2022 $30,986 $2,918,077 $2,285,602 $632,475
2021 $30,391 $2,860,860 $2,240,786 $620,074
2020 $30,098 $2,831,526 $2,217,810 $613,716
2019 $29,471 $2,776,006 $2,174,323 $601,683
2018 $28,882 $2,721,575 $2,131,689 $589,886
2017 $28,369 $2,668,211 $2,089,891 $578,320
2016 $27,729 $2,615,894 $2,048,913 $566,981
2015 $27,468 $2,576,601 $2,018,136 $558,465
2014 -- $2,526,129 $1,978,603 $547,526
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23203515

California Regional Multiple Listing Service (CRMLS)

APN: 050-161-23