NOT LISTED FOR SALE

Estimated Value: $5,358,000 - $6,593,000

3 Beds
5 Baths
2,412 Sq Ft
$2,567/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $5,325,000 $2,208 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $38,494/month

Highlights

  • Wine Cellar
  • Rooftop Deck
  • Ocean Side of Highway 1
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of September 2022

This exceptional custom Balboa Island residence, located in close proximity to Marine Ave. dining and shops, was built with the finest materials. The newer construction home has great outdoor space with a front patio with a heated loggia and firepit, a generous wrap around balcony off of the primary suite, and a rooftop deck with an outdoor fireplace and additional loggia with built-in dining and a barbecue. With an open floor plan and high ceilings, the gourmet kitchen opens to both a dining area, bar and living room. The primary suite and two additional ensuite bedrooms are located on the second level, along with the dedicated laundry room. The third level includes a secondary kitchen space / bar with a pizza oven, adjacent to the rooftop deck. This turnkey, modern property exudes coastal elegance and offers a great opportunity to enjoy summer island living in beautiful Newport Beach.

Last Agent to Sell the Property

Ron Millar

Arbor Real Estate License #01191748 Listed on: 09/07/2022

Arbor Real Estate

Co-Listed By

Mesha Swart

Arbor Real Estate License #01502463

Last Buyer's Agent

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,194

Year Built

  • Built in 2018

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Corner Lot
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Custom Home
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,412 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Custom Window Coverings
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Fireplace in Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 10
  • Tax Tract Number 101
  • Assessor Parcel Number 05009201
  • $364 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,194

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Mesha Swart
  • Other Phone Number: 949.400.4517
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05009201
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2412.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Stone Counters
  • Stories: 3
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom, Patio, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2207.71
  • Room Type: All Bedrooms Up, Entry, Kitchen, Laundry, Living Room, Master Suite, Wine Cellar
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Linen Closet/Storage, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Patio And Porch Features: Covered, Patio, Front Porch, Roof Top, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Refrigerator, Self Cleaning Oven
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585
  • Latitude Manual: 33.60688700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 630.06
  • Tax Lot: 23
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Mirejovsky Samuel and Mirejovsky Sherri L
Bought by
Mirejovsky Family Trust and Mirejovsky
Current Estimated Value
$6,192,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,200,000
Outstanding Balance
$3,166,026
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$2,926,081

Purchase Details

Listed on
Sep 7, 2022
Closed on
Aug 17, 2022
Sold by
Boulder View Trust
Bought by
Mirejovsky Family Trust
Seller's Agent
Ron Millar
Arbor Real Estate
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$5,395,000
Sold Price
$5,325,000
Premium/Discount to List
-$70,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$3,325,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2014
Closed on
Jul 9, 2014
Sold by
Management Vi Properties Llc
Bought by
The Boulder View Trust
Seller's Agent
Brian Nejedly
McMonigle Group Corp
Buyer's Agent
Sandy Betlan
Stone Garden Realty Solutions
List Price
$1,799,900
Sold Price
$1,750,000
Premium/Discount to List
-$49,900
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%

Purchase Details

Closed on
Mar 3, 2005
Sold by
Fernandez Greg and Fernandez Virginia
Bought by
Fernandez Jennifer

Purchase Details

Closed on
May 12, 1999
Sold by
Gale Lee
Bought by
Management Vi Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,500
Interest Rate
2.9%

Purchase Details

Closed on
May 6, 1999
Sold by
Management Vi Properties
Bought by
Gale Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,500
Interest Rate
2.9%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Gale Lee
Bought by
Management Vi Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
7.25%

Purchase Details

Closed on
Jan 6, 1995
Sold by
Gale Lee G
Bought by
Management Vi Properties Llc

Purchase Details

Closed on
Jan 31, 1994
Sold by
Gale Lee G
Bought by
Gale Lee G and The Lee G Gale Living Trust

Purchase Details

Closed on
Mar 22, 1993
Sold by
Pacific National Bank
Bought by
Gale Lee G
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
Mirejovsky Family Trust -- Chicago Title Company
Mirejovsky Samuel -- Chicago Title Company
Mirejovsky Family Trust $5,325,000 Wfg National Title
The Boulder View Trust -- Fidelity National Title
Fernandez Jennifer -- Gateway Title Company
Management Vi Properties Llc -- Orange Coast Title Company
Gale Lee -- Orange Coast Title
Management Vi Properties Llc -- --
Gale Lee -- --
Management Vi Properties Llc -- --
Gale Lee G -- --
Gale Lee G -- --
Gale Lee G $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirejovsky Samuel $3,200,000
Previous Owner Mirejovsky Family Trust $3,325,000
Previous Owner Management Vi Properties Llc $61,563
Previous Owner Management Vi Properties Llc $65,000
Previous Owner Management Vi Properties Llc $250,000
Previous Owner Management Vi Properties Llc $580,000
Previous Owner Gale Lee $512,500
Previous Owner Gale Lee $502,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $5,325,000 -1.3% $2,208 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $5,395,000 +208.3% $2,237 / Sq Ft
08/11/2014 08/11/14 Sold $1,750,000 -2.8% $769 / Sq Ft
08/08/2014 08/08/14 For Sale $1,799,900 -- $791 / 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 $60,194 $5,540,130 $4,161,600 $1,378,530
2024 $60,194 $5,431,500 $4,080,000 $1,351,500
2023 $58,760 $5,325,000 $4,000,000 $1,325,000
2022 $27,547 $2,584,034 $1,729,439 $854,595
2021 $27,019 $2,533,367 $1,695,528 $837,839
2020 $26,759 $2,507,391 $1,678,143 $829,248
2019 $26,204 $2,458,227 $1,645,238 $812,989
2018 $21,731 $2,034,040 $1,612,979 $421,061
2017 $19,399 $1,809,223 $1,581,352 $227,871
2016 $16,619 $1,550,346 $1,550,346 $0
2015 $17,760 $1,650,000 $1,527,059 $122,941
2014 -- $730,737 $601,417 $129,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22148448

California Regional Multiple Listing Service (CRMLS)

APN: 050-092-01