R
Seller's Agent in 2024
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
104 Total Sales
227 Agate Ave Newport Beach, CA 92662
Balboa Island Neighborhood
6
Beds
6
Baths
2,480
Sq Ft
2,550
Sq Ft Lot
Highlights
- Main Floor Bedroom
- No HOA
- Laundry Room
- Abraham Lincoln Elementary School Rated A
- 2 Car Attached Garage
- 3-minute walk to Balboa Island Park
About This Home
As of October 2024Outstanding Island duplex cottage in excellent location. This home provides a classic Island design with an abundance of flexibility. The home has 6 total bedrooms, 4.5 total baths, two-car garage, and two short-term lodging permits. The main house has 3 bedrooms, including two on the main level, one and a half baths, updated kitchen, A/C, as well as a large front patio. The expansive rear unit includes 3 bedrooms, 2.5 baths, a main floor entrance and bedroom as well as a fantastic living area with vaulted ceilings, updated kitchen, A/C, patio, and more. The home also has a spacious two-car garage, enclosed outdoor shower, and is conveniently located just four doors from the Bay as well on the quiet west end of the Island where the utilities have already been ungrounded. The home also includes TWO short term rental permits which provides the new owner with a rare opportunity to use this home as either a main house, second home, or investment property.
Last Agent to Sell the Property
Arbor Real Estate Brokerage Email: ryan@arborrealestate.com License #01869795 Listed on: 09/19/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 2,550 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 2 Car Attached Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,480 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 6 Bedrooms | 3 Main Level Bedrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Air
Community Details
- No Home Owners Association
- 2 Units
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Legal Lot and Block 10 / 8
- Tax Tract Number 99
- Assessor Parcel Number 05003133
- $25,000 per year additional tax assessments
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $3,375,000 | +5.6% | $1,361 / Sq Ft |
| 09/19/2024 09/19/24 | For Sale | $3,195,000 | -- | $1,288 / 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 |
|---|---|---|---|---|
| 2025 | $4,158 | $3,375,000 | $3,267,317 | $107,683 |
| 2024 | $4,158 | $165,801 | $122,580 | $43,221 |
| 2023 | $4,091 | $162,550 | $120,176 | $42,374 |
| 2022 | $4,032 | $159,363 | $117,819 | $41,544 |
| 2021 | $3,993 | $156,239 | $115,509 | $40,730 |
| 2020 | $2,129 | $154,637 | $114,324 | $40,313 |
| 2019 | $2,095 | $151,605 | $112,082 | $39,523 |
| 2018 | $2,057 | $148,633 | $109,884 | $38,749 |
| 2017 | $2,023 | $145,719 | $107,729 | $37,990 |
| 2016 | $1,983 | $142,862 | $105,616 | $37,246 |
| 2015 | $1,961 | $140,717 | $104,030 | $36,687 |
| 2014 | $1,916 | $137,961 | $101,992 | $35,969 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Gunderson
-
Brad Hinman
Buyer's Agent in 2024
Brad Hinman
Compass
(949) 246-3221
4 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24184231
APN: 050-031-33
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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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