221 Abalone Ave Newport Beach, CA 92662
Balboa Island Neighborhood
4
Beds
4
Baths
2,094
Sq Ft
2,400
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- Updated Kitchen
- Fireplace in Primary Bedroom
- Abraham Lincoln Elementary School Rated A
- Open Floorplan
- Deck
About This Home
As of February 2025This lovely "Little Island" home has been upgraded over the years to include 4 bedrooms and 3.5 baths in over 2000 sq. ft. This prime location on Little Balboa Island gets the owner away from the crowds and traffic of the main island in a classic Balboa Island home. The living room features a cozy brick fireplace that is adjacent to the kitchen area. In the kitchen there are granite countertops and upgraded stainless steel appliances with a Wolf Range and dual Bosch ovens and a Bosch dishwasher. Two of the bedrooms are located downstairs the larger one with an ensuite 3/4 bath and a good sized closet. The second downstairs bedroom is perfect for an in home office. Upstairs the smaller bedroom also features an ensuite full bath and a walk in closet. The large upstairs main bedroom has a fireplace and a good sized main bathroom with dual vanities and a newer tile flooring. There is also a large walk in closet attached to the main bathroom. The main bedroom opens via a sliding door to a good sized sun deck and there is even an upper deck accessible from the main upstairs deck. The home has recently been painted on the exterior and the roof is brand new as well. All of the fences have recently been replaced as well. There are recently installed storage cabinets and an epoxy floor in the garage to boot. All in all little island homes do not come on the market that often and this one represents a great opportunity to live the Balboa Island lifestyle in a very comfortable good sized home!
Last Agent to Sell the Property
Surterre Properties Inc. Brokerage Email: mmullen@surterreproperties.com License #01311226 Listed on: 01/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,403
Year Built
- Built in 1944
Lot Details
- 2,400 Sq Ft Lot
- Property fronts an alley
- East Facing Home
- Wood Fence
- Front Yard Sprinklers
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Bungalow
- Turnkey
- Slab Foundation
- Shake Roof
- Wood Roof
- Clapboard
Interior Spaces
- 2,094 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Beamed Ceilings
- Cathedral Ceiling
- Bay Window
- Window Screens
- Living Room with Fireplace
- Dining Room
- Home Office
- Storage
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Double Oven
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Dishwasher
- Granite Countertops
Flooring
- Bamboo
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Upgraded Bathroom
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- Harbor View Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Central Heating
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Balboa Island Little Island Subdivision
Listing and Financial Details
- Legal Lot and Block 18 / 7
- Tax Tract Number 103
- Assessor Parcel Number 05019123
- $380 per year additional tax assessments
- Seller Considering Concessions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2025
Closed on
Jan 28, 2025
Sold by
Fox Gary Allen
Bought by
Diversity Partners Llc
Seller's Agent
Mike Mullen
Surterre Properties Inc.
Buyer's Agent
Rico Nava
eXp Realty of California
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%
Total Days on Market
9
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,259
Avg. Annual Appreciation
20.81%
Original Mortgage
$2,875,000
Outstanding Balance
$2,870,207
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$596,052
Purchase Details
Closed on
Aug 26, 2021
Sold by
Wickett Geofrey B and The Geofrey B Wickett Living T
Bought by
Fox Gary Allen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,987,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2014
Sold by
Wickett Geofrey B
Bought by
Wicket Geofrey B and Geofrey B Wickett Living Trust
Purchase Details
Closed on
Nov 19, 2003
Sold by
Wickett Geofrey B
Bought by
Wickett Geofrey B and Geofrey B Wickett Living Trust
Purchase Details
Closed on
Nov 18, 2001
Sold by
Wickett Charles M
Bought by
Wickett Geofrey B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
6.73%
Purchase Details
Closed on
Oct 5, 2000
Sold by
Wickett Nea R
Bought by
Wickett Charles M and Geoffrey B Wickett Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.96%
Purchase Details
Closed on
Dec 21, 1999
Sold by
Wickett Nea R Successor Trust and Canwick Trust
Bought by
Wickett Geofrey B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,499
Interest Rate
8.06%
Mortgage Type
Unknown
Purchase Details
Closed on
May 30, 1997
Sold by
Wickett Nea R
Bought by
Wickett Nea R and Canwick Marital Trust
Purchase Details
Closed on
Jan 31, 1996
Sold by
Wickett Charles M and Wickett Nea R
Bought by
Wickett Charles M and Wickett Nea R
Purchase Details
Closed on
Jan 30, 1996
Sold by
Wickett Geofrey B
Bought by
Wickett Charles M and Wickett Nea R
Purchase Details
Closed on
Dec 11, 1995
Sold by
Wickett Teresa B
Bought by
Wickett Geofrey B
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,300,000 | First American Title | |
| Grant Deed | $2,650,000 | First Amer Ttl Co Res Div | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Interfamily Deed Transfer | $1,100,000 | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $250,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,875,000 | New Conventional | |
| Previous Owner | $1,987,500 | New Conventional | |
| Previous Owner | $443,000 | Unknown | |
| Previous Owner | $445,000 | Unknown | |
| Previous Owner | $54,259 | Unknown | |
| Previous Owner | $398,000 | No Value Available | |
| Previous Owner | $1,100,000 | No Value Available | |
| Previous Owner | $73,499 | Unknown | |
| Previous Owner | $400,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | Sold | $3,300,000 | -5.7% | $1,576 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 01/08/2025 01/08/25 | For Sale | $3,499,000 | -- | $1,671 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $29,403 | $2,757,060 | $2,600,228 | $156,832 |
| 2023 | $28,716 | $2,703,000 | $2,549,243 | $153,757 |
| 2022 | $28,240 | $2,650,000 | $2,499,257 | $150,743 |
| 2021 | $2,468 | $199,908 | $110,987 | $88,921 |
| 2020 | $2,443 | $197,859 | $109,849 | $88,010 |
| 2019 | $2,400 | $193,980 | $107,695 | $86,285 |
| 2018 | $2,354 | $190,177 | $105,583 | $84,594 |
| 2017 | $2,314 | $186,449 | $103,513 | $82,936 |
| 2016 | $2,266 | $182,794 | $101,484 | $81,310 |
| 2015 | $2,242 | $180,049 | $99,960 | $80,089 |
| 2014 | $2,323 | $176,523 | $98,002 | $78,521 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Mullen
M
Seller's Agent in 2025
Mike Mullen
Surterre Properties Inc.
(949) 285-6906
3 in this area
12 Total Sales
-
Rico Nava
Buyer's Agent in 2025
Rico Nava
eXp Realty of California
(626) 251-7581
1 in this area
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25005098
APN: 050-191-23
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