NOT LISTED FOR SALE

226 Pearl Ave Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $4,021,000 - $4,623,934

5 Beds
3.5 Baths
2,464 Sq Ft
$1,744/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $3,000,000 $1,218 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $25,803/month

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • 3-minute walk to Balboa Island Park

About This Home

As of November 2021

Great 5 bedroom home located on a quiet street a few doors from the Bay on Balboa Island. Input for Comp purposes only.

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 11/03/2021

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 11/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,941

Year Built

  • Built in 1929

Lot Details

  • 2,550 Sq Ft Lot
  • Home fronts navigable water
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1.5

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • French Architecture
  • Fixer Upper
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Shutters
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bay Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • All Upper Level Bedrooms
  • Makeup or Vanity Space
  • Private Water Closet
  • Bathtub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Accessible Home Design

  • Grab Bar In Bathroom
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Open Patio
  • Front Porch

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 37 / 8
  • Tax Tract Number 99
  • Assessor Parcel Number 05003109
  • $1 per year additional tax assessments

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

$34,941

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: French
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05003109
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2464.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Formica Counters, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1217.53
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Main Floor Master Bedroom, Master Bedroom
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay
  • Patio And Porch Features: Patio Open, Front Porch, Rear Porch
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Navigable Water, Ocean Access

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 630.06
  • Tax Lot: 37
  • Tax Tract Number: 99
  • TaxOtherAnnualAssessmentAmount: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Oct 26, 2021
Sold by
Professional Park Llc
Bought by
Brumley David and Brumley Alison
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$3,000,000
Sold Price
$3,000,000
Current Estimated Value
$4,296,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,296,484
Avg. Annual Appreciation
12.27%
Original Mortgage
$2,320,000
Outstanding Balance
$2,154,070
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$2,540,468

Purchase Details

Listed on
Jul 10, 2021
Closed on
Aug 4, 2021
Sold by
Berkley J W Michael J and Berkley Linda H
Bought by
Professional Park Llc
Seller's Agent
Delight Sittman
ReMax Tiffany Real Estate
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$2,500,000
Sold Price
$2,550,000
Premium/Discount to List
$50,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.33%

Purchase Details

Listed on
Jul 10, 2021
Closed on
Jul 28, 2021
Sold by
Dion Martha Marlier and Harvey Russell Bruce
Bought by
Harvey Russell Bruce
Seller's Agent
Delight Sittman
ReMax Tiffany Real Estate
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$2,500,000
Sold Price
$2,550,000
Premium/Discount to List
$50,000
2%

Purchase Details

Closed on
Apr 5, 2021
Sold by
Berkley J W Michael J and Berkley Linda H
Bought by
Berkley J W Michael J and Berkley Linda H

Purchase Details

Closed on
Jul 2, 2010
Sold by
Berkley Linda Ann Harvey
Bought by
Berkley Linda H and W Michael Berkley J

Purchase Details

Closed on
Feb 18, 2010
Sold by
Berkley Linda Ann Harvey and Maguill Valerie Lynn Harvey
Bought by
Berkley Linda Ann Harvey and Harvey Russell Bruce

Purchase Details

Closed on
Apr 10, 2007
Sold by
Harvey Dolores R
Bought by
Berkley Linda Ann Harvey

Purchase Details

Closed on
Dec 12, 2006
Sold by
Harvey Dolores R
Bought by
Harvey Russell Bruce

Purchase Details

Closed on
Mar 1, 2002
Sold by
Maguill Valerie Lynn Harvey
Bought by
Harvey Dolores R and The Valerie Lynn Harvey Maguill Irrevoca

Purchase Details

Closed on
Sep 6, 2001
Sold by
Maguill Valerie Lynn Harvey
Bought by
Harvey Dolores R and Valerie Lynn Harvey Maguill Irrevocable

Purchase Details

Closed on
Sep 4, 2001
Sold by
Harvey Dolores R
Bought by
Harvey Russell Bruce

Purchase Details

Closed on
Mar 2, 2000
Sold by
Harvey Dolores R
Bought by
Berkley Linda Ann Harvey

Purchase Details

Closed on
Mar 1, 2000
Sold by
Maguill Valerie Lynn Harvey
Bought by
Harvey Dolores R and Valerie Lynn Harvey Maguill Irrevocable

Purchase Details

Closed on
May 3, 1999
Sold by
Harvey Dolores R
Bought by
Maguill Valerie Lynn Harvey

Purchase Details

Closed on
May 27, 1998
Sold by
Harvey Dolores R
Bought by
Harvey Russell Bruce and Berkley Linda Ann Harvey

Purchase Details

Closed on
Apr 2, 1997
Sold by
Harvey Dolores R
Bought by
Harvey Dolores R

Purchase Details

Closed on
May 6, 1996
Sold by
Maguill Valerie Lynn Harvey
Bought by
Harvey Dolores R and Valerie Lynn Harvey Maguill Irrevocable

Purchase Details

Closed on
Apr 30, 1996
Sold by
Harvey Dolores R
Bought by
Harvey Russell Bruce and Berkley Linda Ann Harvey

Purchase Details

Closed on
Mar 1, 1995
Sold by
Harvey Dolores R
Bought by
Harvey Russell Bruce and Berkley Linda Ann Harvey

Purchase Details

Closed on
Dec 28, 1994
Sold by
Harvey Dolores R
Bought by
Harvey Dolores R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brumley David $3,000,000 Lawyers Title Company
Professional Park Llc $2,550,000 Wfg National Title
Harvey Russell Bruce -- Wfg National Title
Harvey Russell Bruce -- Wfg National Title
Berkley J W Michael J -- None Available
Berkley Linda H -- None Available
Berkley Linda Ann Harvey -- None Available
Berkley Linda Ann Harvey -- None Available
Maguill Valerie Lynn Harvey -- None Available
Harvey Dolores R -- None Available
Harvey Russell Bruce -- None Available
Harvey Dolores R -- None Available
Harvey Russell Bruce -- None Available
Harvey Dolores R -- None Available
Maguill Valerie Lynn Harvey -- None Available
Berkley Linda Ann Harvey -- None Available
Harvey Dolores R -- None Available
Harvey Dolores R -- --
Maguill Valerie Lynn Harvey -- --
Berkley Linda Ann Harvey -- --
Harvey Russell Bruce -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Harvey Russell Bruce -- --
Berkley Linda Ann Harvey -- --
Maguill Valerie Lynn Harvey -- --
Harvey Dolores R -- --
Berkley Linda Ann Harvey -- --
Harvey Russell Bruce -- --
Maguill Valerie Lynn Harvey -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Maguill Valerie Lynn Harvey -- --
Harvey Russell Bruce -- --
Berkley Linda Ann Harvey -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Harvey Russell Bruce -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Harvey Russell Bruce -- --
Harvey Dolores R -- --
Harvey Russell Bruce -- --
Harvey Dolores R -- --
Harvey Russell Bruce -- --
Harvey Dolores R -- --
Harvey Dolores R -- --
Harvey Russell Bruce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brumley David $2,320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $3,000,000 0.0% $1,218 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $3,000,000 +17.6% $1,218 / Sq Ft
08/13/2021 08/13/21 Sold $2,550,000 +2.0% $1,035 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $2,500,000 -- $1,015 / 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 $34,941 $3,183,624 $3,058,451 $125,173
2024 $34,941 $3,121,200 $2,998,481 $122,719
2023 $34,156 $3,060,000 $2,939,687 $120,313
2022 $33,679 $3,000,000 $2,882,046 $117,954
2021 $5,143 $287,196 $187,391 $99,805
2020 $3,353 $284,252 $185,470 $98,782
2019 $3,290 $278,679 $181,833 $96,846
2018 $3,227 $273,215 $178,267 $94,948
2017 $3,171 $267,858 $174,771 $93,087
2016 $3,103 $262,606 $171,344 $91,262
2015 $3,072 $258,662 $168,770 $89,892
2014 $3,001 $253,596 $165,464 $88,132
Source: Public Records

Agents Affiliated with this Home

  • Delight Sittman

    Seller's Agent in 2021

    Delight Sittman

    RE/MAX

    (714) 952-4950

    1 in this area

    76 Total Sales

    Delight Sittman
    Section Image
  • Don Abrams

    Seller's Agent in 2021

    Don Abrams

    Abrams Coastal Properties

    (714) 325-9055

    65 in this area

    95 Total Sales

    Don Abrams
    Section Image

  • N

    Seller Co-Listing Agent in 2021

    Nicole Sittman

    RE/MAX

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21237839

California Regional Multiple Listing Service (CRMLS)

APN: 050-031-09

California Orange County Newport Beach 92662 Balboa Island

226 Pearl Ave, Newport Beach, CA

This home is located at 226 Pearl Ave, Newport Beach, CA 92662 since 03 November 2021 and is currently estimated at $4,296,484, approximately $1,743 per square foot. This property was built in 1929. 226 Pearl Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and Our Lady Queen Of Angels.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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