NOT LISTED FOR SALE

Estimated Value: $3,084,876 - $4,351,000

5 Beds
4 Baths
2,364 Sq Ft
$1,522/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $2,349,750 $994 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $21,344/month

19 Days on Market

Highlights

  • Beach Access
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Cape Cod Architecture
  • 3-minute walk to Balboa Island Park

About This Home

As of November 2020

Fantastic 5-bedroom, 4-bath Balboa Island Duplex half a block to the North Bayfront in one direction, and a block and a half to the Ferry at the South Bayfront in the other. 219 Opal welcomes visitors through its large brick patio and into the home via its cheerful yellow Dutch door. The main home, decorated in a fabulous Art Deco style, comprises 3 spacious bedrooms and 3 baths, plus a separate bunk sleeping area. The first level showcases an open floor plan offering a sunny living room with fireplace, galley-style kitchen, cozy dinette area, plus a first-floor bedroom and bath. The second level provides a huge master bedroom suite with fireplace, a guest bedroom and bath, and a separate built-in bunk set. The private rear unit with its own staircase consists of 2 bedrooms and a bath. City records show that the front and rear units are 2364 sf in size, which is larger than most new homes can be built today. The 576 sf garage is also oversized, and provides valuable storage space as well 2-car parking. 219 Opal awaits its new owners who can move in before the holidays!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 09/22/2020

Last Buyer's Agent

Deborah Cowles

Compass License #01232658

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,889

Year Built

  • Built in 1964

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex
  • Cape Cod Architecture
  • Mediterranean Architecture
  • Patio Home
  • Frame Construction
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 2,364 Sq Ft Home
  • Chair Railings
  • Wainscoting
  • Awning
  • Insulated Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Carpet
  • Galley Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Beach Access
  • Deck
  • Patio
  • Exterior Lighting
  • Rear Porch

Additional Features

  • More Than Two Accessible Exits
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 15 / 10
  • Tax Tract Number 99
  • Assessor Parcel Number 05007211

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Balboa Island Iprovement Assoc Association, Phone Number (949) 689-1011
  • Balboa Island Main Island Subdivision

Amenities

  • Picnic Area

Recreation

  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,889

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Zoning: R 1.5
  • Architectural Style: Cape Cod, Mediterranean
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05007211
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2364.00 Square Feet
  • Interior Amenities: Chair Railings, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Ell, Family Kitchen
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 993.97
  • Room Type: Galley Kitchen, Master Suite
  • Window Features: Insulated Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Deck, Patio, Rear Porch
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Block, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Name: Balboa Island Iprovement Assoc
  • Phone: 949.689.1011
  • Senior Community: No
  • Community Features: Biking, Curbs, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home, Walkstreet
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 630.06
  • Tax Lot: 15
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 19, 2020
Sold by
Parker Gail Rowan
Bought by
Cowles Shawn and Cowles Deborah
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Deborah Cowles
Compass
List Price
$2,460,000
Sold Price
$2,349,750
Premium/Discount to List
-$110,250
-4.48%
Current Estimated Value
$3,597,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,247,969
Avg. Annual Appreciation
8.38%
Original Mortgage
$1,879,800
Outstanding Balance
$1,691,075
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,752,531

Purchase Details

Closed on
Jun 22, 2007
Sold by
Parker Gail Rowan
Bought by
Parker Gail Rowan

Purchase Details

Closed on
Jun 26, 2000
Sold by
Parker Robert Charles and Parker Gail Rowan
Bought by
Parker Robert Charles and Parker Gail Rowan

Purchase Details

Closed on
Apr 12, 2000
Sold by
Gattas Fred A and Gattas Mary L
Bought by
Parker Robert Charles and Parker Gail Rowan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Cowles Shawn $2,350,000 Lawyers Title
Parker Gail Rowan -- None Available
Parker Robert Charles -- --
Parker Robert Charles $945,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowles Shawn $1,879,800
Previous Owner Parker Robert Charles $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $2,349,750 -4.5% $994 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $2,460,000 -- $1,041 / 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 $20,889 $1,722,670 $1,536,753 $185,917
2024 $20,889 $1,688,893 $1,506,621 $182,272
2023 $20,365 $1,655,778 $1,477,079 $178,699
2022 $17,507 $1,623,312 $1,448,116 $175,196
2021 $25,229 $2,349,750 $2,179,750 $170,000
2020 $14,484 $1,328,076 $1,160,632 $167,444
2019 $14,189 $1,302,036 $1,137,875 $164,161
2018 $13,909 $1,276,506 $1,115,563 $160,943
2017 $13,665 $1,251,477 $1,093,689 $157,788
2016 $13,361 $1,226,939 $1,072,244 $154,695
2015 $13,233 $1,208,510 $1,056,138 $152,372
2014 $12,922 $1,184,837 $1,035,449 $149,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20193670

California Regional Multiple Listing Service (CRMLS)

APN: 050-072-11