NOT LISTED FOR SALE

Estimated Value: $5,231,000 - $6,232,000

3 Beds
3.5 Baths
2,415 Sq Ft
$2,426/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $3,380,000 $1,400 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $35,318/month

18 Days on Market

Highlights

  • Coastline Views
  • Newly Remodeled
  • Custom Home
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of March 2017

Spectacular brand new custom Balboa Island home with ELEVATOR to all three levels. Situated close to the Village, shops, dining, beaches, morning coffee & more, this meticulously designed home merges some of the finest finishes with the classic relaxing feel of life at the beach. Offering 3 bedrooms, 3.5 baths, elevator, & more than 1,400 square feet of luxurious outdoor space, this home is one of a kind. The first floor has an elevated front patio and a great room comprised of living room, dining area, and a stunning gourmet kitchen with island, marble counter tops, interior courtyard with accordion sliding doors, and more. The second level includes a spa-like master retreat with paneled walls and ceilings, large balcony, fireplace, walk-in closet and a 5-star master bath. The balance of the second floor includes two guest bedrooms (one en-suite) laundry, and a den/office area. Escape to the phenomenal third floor with THREE deck areas: the main deck area includes a large covered sitting area, bar, refrigerator, speakers and more; the open-air front deck offers seating area, fireplace, and views of the Bay; finally, the secluded rear deck offers an expansive seating area and scenic views of Fashion Island. This home is unique, turnkey, and ready to go!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 01/15/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,659

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • Fenced
  • New Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Coastline
  • Bay
  • City Lights
  • Peek-A-Boo

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,415 Sq Ft Home
  • Open Floorplan
  • French Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Den
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Accessible Home Design

  • Accessible Elevator Installed
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 102
  • Assessor Parcel Number 05016204

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,659

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cape Cod, Custom Built
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05016204
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2415.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Living Room Deck Attached, Open Floorplan
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1399.59
  • Room Type: All Bedrooms Up, Den, Entry, Living Room, Loft, Master Suite, Walk-In Closet, Walk-In Pantry
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Bay, City Lights, Coastline, Peek-A-Boo
  • Fence: Yes
  • Fencing: New Condition
  • Patio And Porch Features: Brick, Deck, Enclosed, Patio, Patio Open, Porch, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Metal
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Freezer, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 2550.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2017
Closed on
Feb 22, 2017
Sold by
220 Onyx Ave Llc
Bought by
Flores Richard S and Richard S Flores Living Trust
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,495,000
Sold Price
$3,380,000
Premium/Discount to List
-$115,000
-3.29%
Current Estimated Value
$5,859,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,479,546
Avg. Annual Appreciation
6.70%
Original Mortgage
$2,366,000
Outstanding Balance
$1,967,789
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$3,891,757

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jun 27, 2014
Sold by
Dahn David
Bought by
220 Onyx Ave Llc
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Laura Gale
HOM Sotheby's International
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.98%
Original Mortgage
$750,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 24, 2014
Closed on
Mar 19, 2014
Sold by
Hodson Mary E and Stapleton Kathryn L
Bought by
Stapleton Kathryn L and Herber & Mary Hodson Family Trust
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Laura Gale
HOM Sotheby's International
List Price
$1,700,000
Sold Price
$1,500,000
Premium/Discount to List
-$200,000
-11.76%

Purchase Details

Closed on
Feb 20, 2014
Sold by
Stapleton Kathryn Lynn
Bought by
Dahn David

Purchase Details

Closed on
Jun 19, 1998
Sold by
Hodson Herbert R and Hodson Mary E
Bought by
Hodson Herbert R and Hodson Mary E
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
Flores Richard S $3,380,000 Lawyers Title
220 Onyx Ave Llc -- Orange Coast Title Company
Stapleton Kathryn L -- None Available
Dahn David $1,500,000 Orange Coast Title Company
Hodson Herbert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Richard S $2,366,000
Previous Owner 220 Onyx Ave Llc $2,075,000
Previous Owner 220 Onyx Ave Llc $750,000
Previous Owner Hodson Herbert R $1,080,000
Previous Owner Hodson Herbert R $1,000,000
Previous Owner Hodson Herbert R $650,000
Previous Owner Hodson Herbert R $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2017 03/20/17 Sold $3,380,000 -3.3% $1,400 / Sq Ft
01/15/2017 01/15/17 For Sale $3,495,000 +133.0% $1,447 / Sq Ft
05/15/2014 05/15/14 Sold $1,500,000 -11.8% $685 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $1,700,000 -- $776 / 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 $43,659 $3,922,779 $2,885,265 $1,037,514
2024 $43,659 $3,845,862 $2,828,691 $1,017,171
2023 $42,607 $3,770,453 $2,773,226 $997,227
2022 $39,386 $3,696,523 $2,718,849 $977,674
2021 $38,631 $3,624,043 $2,665,539 $958,504
2020 $38,260 $3,586,883 $2,638,207 $948,676
2019 $37,466 $3,516,552 $2,586,477 $930,075
2018 $36,719 $3,447,600 $2,535,761 $911,839
2017 $25,604 $2,385,971 $1,487,377 $898,594
2016 $21,649 $2,017,119 $1,458,213 $558,906
2015 $16,310 $1,500,000 $1,436,310 $63,690
2014 $1,832 $129,905 $97,997 $31,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17007760

California Regional Multiple Listing Service (CRMLS)

APN: 050-162-04