NOT LISTED FOR SALE

Estimated Value: $4,700,000 - $5,115,000

3 Beds
3.5 Baths
2,500 Sq Ft
$1,988/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $3,750,000 $1,500 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $29,531/month

6 Days on Market

Highlights

  • Property has ocean access
  • Wine Cellar
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • 3-minute walk to Balboa Island Park

About This Home

As of June 2021

This beautiful modern contemproary home just steps away from harbor is situated on the sought after quite street of Opal avenue. This home comes completely furnished with custom furniture and designs special to island living. Includes Wolf appliances throughout the entire home, rooftop deck includes wolf grill, fridge and ice machine for a brilliant entertaining area. House has beautiful folding La Cantina doors downstairs and in master bedroom to open up both levels to indoor/outdoor living. Living room has beautiful fireplace that is accessed remotely. Small wine cellar attached to kitchen easily accessed, with large walk in pantry. Home is fitted with surround sound speakers on multiple levels, perfect for summer entertaining. All bathrooms have tankless toilets as well as insta hot electric water heater. Extremely spacious bedrooms and bathrooms, master bedroom has stunning exposed beams and chandelier.

Last Agent to Sell the Property

Cole Tripp

Beverly and Company, Inc. License #02015267 Listed on: 04/28/2021

Beverly and Company, Inc.

Last Buyer's Agent

Jim Kline

Surterre Properties Inc. License #01171319

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,442

Year Built

  • Built in 2020 | Remodeled

Lot Details

  • 2,600 Sq Ft Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Golf Cart Garage

Home Design

  • Modern Architecture
  • Turnkey
  • Spray Foam Insulation
  • Wood Siding
  • Stone Siding
  • Steel Beams
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Storage
  • Wood Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Kitchen Island
  • Quartz Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include conserving methods
  • Energy-Efficient HVAC
  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Property has ocean access
  • Balcony
  • Open Patio
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Schools

  • Newport Elementary And Middle School
  • Newport Harbor High School

Utilities

  • Ducts Professionally Air-Sealed
  • Humidity Control
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Tankless Water Heater
  • Central Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23 / 12
  • Tax Tract Number 99
  • Assessor Parcel Number 05007209

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,442

Year Built

Built in 2020 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Wired for Alarm System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05007209
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Furnished, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Stories: 3
  • Entry Location: side of house
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Electric, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1500.00
  • Room Type: All Bedrooms Up, Family Room, Jack & Jill, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Quartz Counters, Remodeled, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Deck, Patio Open, Front Porch, Roof Top, Tile
  • Pool Private: No
  • Spa: No
  • Construction Materials: Ducts Professionally Air-Sealed, Glass, Spray Foam Insulation, Steel, Stone, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Garage Faces Rear, Garage - Single Door, Golf Cart Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Electric Water Heater, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, High Efficiency Water Heater, Ice Maker, Instant Hot Water, Microwave, Recirculated Exhaust Fan, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Heater Central, Water Purifier, Water Softener
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central, ENERGY STAR Qualified Equipment, High Efficiency, Fireplace(s), Humidity Control
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Humidity Control, Electric, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Gutters, Watersports

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Newport
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Newport
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Green Features

  • Green Sustainability: Conserving Methods
  • Efficiency: Appliances, HVAC, Water Heater

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Sq Ft: 2600.00
  • Lot Size Acres: 0.0597

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2600.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Block: 12
  • Tax Lot: 23
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 7, 2021
Sold by
223 Opal Llc
Bought by
Derevere Brian G and Derevere Melinda A
Seller's Agent
Cole Tripp
Beverly and Company, Inc.
Buyer's Agent
Jim Kline
Surterre Properties Inc.
List Price
$3,799,000
Sold Price
$3,750,000
Premium/Discount to List
-$49,000
-1.29%
Current Estimated Value
$4,969,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,414
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,950,000
Outstanding Balance
$1,761,632
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$3,207,782

Purchase Details

Listed on
Nov 17, 2017
Closed on
Jan 9, 2018
Sold by
Avery Randy W
Bought by
223 Opal Llc
Seller's Agent
Tony Bartolic
Coldwell Banker Realty
Buyer's Agent
Corey Kohnke
Corey Kohnke, Broker
List Price
$2,199,000
Sold Price
$2,113,000
Premium/Discount to List
-$86,000
-3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.09%
Original Mortgage
$0
Interest Rate
3.95%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Avery Sharon Y
Bought by
Avery Family Trust Trust B
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
Derevere Brian G $3,750,000 Wfg National Title Co Of Ca
223 Opal Llc -- --
Avery Family Trust Trust B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derevere Brian G $1,950,000
Previous Owner 223 Opal Llc $1,500,000
Previous Owner 223 Opal Llc $325,000
Previous Owner 223 Opal Llc $0
Previous Owner Opel Llc A Nevada Limited Liability $325,000
Closed 223 Opal Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $3,750,000 -1.3% $1,500 / Sq Ft
04/28/2021 04/28/21 For Sale $3,799,000 +79.8% $1,520 / Sq Ft
01/09/2018 01/09/18 Sold $2,113,000 -3.9% $977 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $2,199,000 -- $1,017 / 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 $29,442 $2,544,256 $2,153,177 $391,079
2024 $29,442 $2,494,369 $2,110,958 $383,411
2023 $28,721 $2,445,460 $2,069,566 $375,894
2022 $25,724 $2,397,510 $2,028,986 $368,524
2021 $29,488 $2,754,992 $2,001,436 $753,556
2020 $26,031 $2,425,360 $1,980,913 $444,447
2019 $23,160 $2,155,260 $1,942,072 $213,188
2018 $8,278 $740,648 $477,815 $262,833
2017 $4,410 $379,413 $107,726 $271,687
2016 $4,314 $371,974 $105,614 $266,360
2015 $4,269 $366,387 $104,027 $262,360
2014 -- $359,210 $101,989 $257,221
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21088794

California Regional Multiple Listing Service (CRMLS)

APN: 050-072-09