221 E Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,761,000 - $8,356,000
2
Beds
4
Baths
2,818
Sq Ft
$2,553/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Private Dock Site
- Property Fronts a Bay or Harbor
- Abraham Lincoln Elementary School Rated A
- Marina View
- Boat Slip
About This Home
As of August 2017This iconic bay front home is located on picturesque Little Balboa Island. Designed by local architect Ian Harrison, it is reminiscent of Northwestern lighthouses. Located on beautiful Newport Harbor it features the very finest in quality materials, exquisite detail and the latest in technology. Enter the first level through leaded glass Dutch doors. The first floor den/family room features a full service bar area, a cozy fireplace and a wall of glass that opens to the an expansive stone paved, heated and covered patio. An ensuite guest bedroom, temperature controlled wine cellar and large laundry room complete the first level. A craftsman style curved staircase leads to the second level where you will find the main living area with abundant seating areas and another glass wall leading to a heated and covered view deck. The gourmet kitchen with state-of-the-art appliances and butler's pantry will be found here along with the open dining area. The master suite provides a sitting area/office space, walk-in closet and grand master bath with spa tub, heated floors and in-mirror TV. A beautiful powder room completes this floor. Continuing up, the third level offers a second office space, a powder room and a fabulous roof deck complete with hot tub, fireplace and stainless appliances. The views are inspiring. A convenient elevator services all levels. The boat dock will accommodate a large yacht with room for a bay boat and additional water toys.
Last Agent to Sell the Property
Surterre Properties Inc. License #00769648 Listed on: 02/10/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $74,918
Year Built
- Built in 2012
Lot Details
- 2,550 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Property fronts an alley
- Landscaped
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Garage Door Opener
Property Views
- Marina
- Bay
- Harbor
- Panoramic
- City Lights
Home Design
- Cape Cod Architecture
- Slab Foundation
- Cement Siding
Interior Spaces
- 2,818 Sq Ft Home
- Elevator
- Open Floorplan
- Central Vacuum
- Wired For Sound
- Built-In Features
- Bar
- Crown Molding
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Den with Fireplace
- Pull Down Stairs to Attic
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Indoor Grill
- Dishwasher
- Kitchen Island
- Stone Countertops
- Self-Closing Drawers
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Spa Bath
- Walk-in Shower
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Roof Top Spa
- Above Ground Spa
Outdoor Features
- Property has ocean access
- Pier
- Boat Slip
- Private Dock Site
- Docks
- Ocean Side of Highway 1
- Living Room Balcony
- Rooftop Deck
- Covered patio or porch
- Fireplace in Patio
- Exterior Lighting
Utilities
- Two cooling system units
- Central Heating and Cooling System
- Underground Utilities
- Natural Gas Connected
- Tankless Water Heater
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 7067
- Assessor Parcel Number 05019330
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 10, 2017
Closed on
Jul 17, 2017
Sold by
Oneil Barry P and Oneil Ann H
Bought by
Kruse Steven D and Kruse Valerie L
Seller's Agent
Lynn Noah
Surterre Properties Inc.
Buyer's Agent
Nancy Bear
Abrams Coastal Properties
List Price
$7,500,000
Sold Price
$6,350,000
Premium/Discount to List
-$1,150,000
-15.33%
Total Days on Market
154
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
$843,012
Avg. Annual Appreciation
2.12%
Purchase Details
Closed on
Jan 6, 1995
Sold by
Oneil Barry P and Oneil Ann H
Bought by
Oneil Barry P and Oneil Ann H
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kruse Steven D | $6,350,000 | Ticor Title | |
| Oneil Barry P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Oneil Barry P | $150,000 | |
| Previous Owner | Oneil Barry P | $625,500 | |
| Previous Owner | Oneil Barry P | $1,000,000 | |
| Previous Owner | Oneil Barry P | $400,000 | |
| Previous Owner | Oneil Barry P | $250,000 | |
| Previous Owner | Oneil Barry P | $1,200,000 | |
| Previous Owner | Oneil Barry P | $364,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2017 08/31/17 | Sold | $6,350,000 | -8.3% | $2,253 / Sq Ft |
| 07/14/2017 07/14/17 | Pending | -- | -- | -- |
| 05/23/2017 05/23/17 | Price Changed | $6,925,000 | -7.7% | $2,457 / Sq Ft |
| 02/10/2017 02/10/17 | For Sale | $7,500,000 | -- | $2,661 / 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 | $74,918 | $7,089,704 | $6,448,668 | $641,036 |
| 2023 | $73,171 | $6,950,691 | $6,322,224 | $628,467 |
| 2022 | $67,843 | $6,422,402 | $5,840,755 | $581,647 |
| 2021 | $67,863 | $6,422,402 | $5,840,755 | $581,647 |
| 2020 | $69,843 | $6,606,540 | $6,014,414 | $592,126 |
| 2019 | $68,381 | $6,477,000 | $5,896,484 | $580,516 |
| 2018 | $67,011 | $6,350,000 | $5,780,866 | $569,134 |
| 2017 | $26,034 | $2,446,370 | $1,877,451 | $568,919 |
| 2016 | $25,446 | $2,398,402 | $1,840,638 | $557,764 |
| 2015 | $25,207 | $2,362,376 | $1,812,990 | $549,386 |
| 2014 | $24,611 | $2,316,101 | $1,777,476 | $538,625 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Noah
Seller's Agent in 2017
Lynn Noah
Surterre Properties Inc.
(949) 717-7100
15 Total Sales
-
Wendy Noah
W
Seller Co-Listing Agent in 2017
Wendy Noah
Surterre Properties Inc
(949) 717-7100
15 Total Sales
-
Nancy Bear
N
Buyer's Agent in 2017
Nancy Bear
Abrams Coastal Properties
(949) 675-4822
2 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17028426
APN: 050-193-30
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