NOT LISTED FOR SALE

Estimated Value: $2,621,626 - $3,804,000

2 Beds
3 Baths
1,300 Sq Ft
$2,607/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $1,347,500 $1,037 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $20,173/month

26 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Walk-In Closet
  • Abraham Lincoln Elementary School Rated A
  • Breakfast Area or Nook
  • Guest Parking

About This Home

As of March 2012

Best value on the Island. Completely taken down to the Studs and remodeled in 2006. No expense spared by the current long term owner. Easy on and off the island and access to stores and resturants. Large 2 car garage, plus 2 additional parking spaces behind the garage. Beautiful Cantera stone patios front and rear. Great upside

Last Agent to Sell the Property

Keith Randle

Keith Randle, Broker License #00993898 Listed on: 02/01/2012

Last Buyer's Agent

Jake Klohs

Arbor Real Estate License #01065508

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,503

Year Built

  • Built in 1960

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Guest Parking
  • Parking Lot

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 1234
  • Assessor Parcel Number 05016104

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,503

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-640-3688
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Balboa Island - Main Island
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05016104
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Gas Starter, Masonry
  • Levels: Two
  • Price Per Square Foot: 1036.54
  • Room Type: All Bedrooms Up, Walk-In Closet

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Guest, Parking Space, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 1234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2012
Closed on
Feb 14, 2012
Sold by
220 Amethyst Llc
Bought by
Pene Jeffrey R and Pene Tracy N
Seller's Agent
Keith Randle
Keith Randle, Broker
Buyer's Agent
Jake Klohs
Arbor Real Estate
List Price
$1,425,000
Sold Price
$1,347,500
Premium/Discount to List
-$77,500
-5.44%
Current Estimated Value
$3,388,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,041,157
Avg. Annual Appreciation
7.38%
Original Mortgage
$547,500
Outstanding Balance
$84,971
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$3,418,475

Purchase Details

Closed on
Aug 3, 2004
Sold by
Elmore Lester P and Elmore Judith A
Bought by
220 Amethyst Llc

Purchase Details

Closed on
Jul 25, 1996
Sold by
Amethyst 220 Limited and Norman
Bought by
The Lester P Elmore Trust
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
Pene Jeffrey R $1,347,500 Equity Title Orange County-I
220 Amethyst Llc -- --
The Lester P Elmore Trust $450,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pene Jeffrey R $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $1,347,500 -5.4% $1,037 / Sq Ft
02/01/2012 02/01/12 For Sale $1,425,000 -- $1,096 / 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 $20,503 $1,692,533 $1,480,686 $211,847
2024 $20,503 $1,659,347 $1,451,653 $207,694
2023 $19,992 $1,626,811 $1,423,189 $203,622
2022 $17,143 $1,594,913 $1,395,283 $199,630
2021 $16,816 $1,563,641 $1,367,925 $195,716
2020 $16,654 $1,547,608 $1,353,898 $193,710
2019 $16,312 $1,517,263 $1,327,351 $189,912
2018 $15,987 $1,487,513 $1,301,324 $186,189
2017 $15,705 $1,458,347 $1,275,808 $182,539
2016 $15,353 $1,429,752 $1,250,792 $178,960
2015 $15,208 $1,408,276 $1,232,004 $176,272
2014 $14,850 $1,380,690 $1,207,870 $172,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000439

California Regional Multiple Listing Service (CRMLS)

APN: 050-161-04