NOT LISTED FOR SALE

Estimated Value: $5,186,000 - $5,972,000

4 Beds
4.5 Baths
2,605 Sq Ft
$2,120/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $3,555,000 $1,365 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $32,980/month

8 Days on Market

Highlights

  • Roof Top Spa
  • City Lights View
  • Fireplace in Primary Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of December 2020

Marvelous 2014 custom built home in the upscale resort island location of Balboa Island in Newport Beach. This is a landmark of a home located on a highly sought after corner lot in a great location close to town and offers 4 bedrooms and 3 1/2 baths. Luxury upgrades throughout the home include wood flooring, granite countertops, stainless steel appliances including a six-burner Wolf stove, built-in Sub-Zero refrigerator, Bosch dishwasher, built-in microwave, wine fridge, crown moulding, speaker sound system through out, a private outdoor beach shower, 2 outdoor patio areas (front and side) and an elevator to all three levels. The roughly 950 square foot third floor rooftop deck offers a covered outdoor dining and kitchen area complete with a sink and refrigerator and a partially covered sunbathing and entertaining space complete with a rooftop jacuzzi offering spectacular city and bay views and breezes. The two-car attached garage has a finished epoxy floor, built-in storage cabinets as well as overhead storage which allows for plenty of room to store all your beach toys! A definite turn-key property along with a great location makes this quality home a must see and one for your most discerning clients.

Last Agent to Sell the Property

Dylan Milstein

Redfin Corporation License #02075049 Listed on: 11/06/2020

Last Buyer's Agent

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,666

Year Built

  • Built in 2014

Lot Details

  • 2,550 Sq Ft Lot
  • Vinyl Fence
  • Corner Lot
  • Level Lot

Parking

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

Home Design

  • Metal Roof
  • Copper Plumbing

Interior Spaces

  • 2,605 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Wood Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • Roof Top Spa
  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 15 / 20
  • Tax Tract Number 101
  • Assessor Parcel Number 05016128

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,666

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, Stove, Wine Cooler, Outdoor BBQ, Cabinets, Storage Shelves, Hot Tub/Jacuzzi/Spa, Speci?c plants, Lighting Fixtures, Ceiling fans, Built-in appliance, Window & door screens, Awnings, Window Covering, Attached Floor Coverings, Air coolers
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05016128
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2605.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1364.68
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Above Ground, Heated, Roof Top
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Metal
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: 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: Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, 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

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 630.06
  • Tax Lot: 15
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Nov 24, 2020
Sold by
Milstein Mitchell and Roston Rezia
Bought by
Cowie Kenneth B and Cowie Karen E
Seller's Agent
Dylan Milstein
Redfin Corporation
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$3,555,999
Sold Price
$3,555,000
Premium/Discount to List
-$999
-0.03%
Current Estimated Value
$5,522,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,967,574
Avg. Annual Appreciation
9.91%
Original Mortgage
$2,133,000
Outstanding Balance
$1,912,083
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$3,662,143

Purchase Details

Closed on
Oct 30, 2017
Sold by
Recker Kenneth and Recker Susan
Bought by
Milstein Mitchel and Roston Rezia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,070,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 22, 2014
Sold by
227 Onyx Ave Llc
Bought by
Recker Kenneth and Recker Susan
Seller's Agent
David Dahn
David Dahn. Broker
Buyer's Agent
David Dahn
David Dahn. Broker
List Price
$3,390,000
Sold Price
$3,300,000
Premium/Discount to List
-$90,000
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$2,310,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 30, 2012
Closed on
Nov 20, 2012
Sold by
227 Onyx Llc
Bought by
227 Onyx Ave Llc
Seller's Agent
John Parenti
Partners Real Estate
Buyer's Agent
Robert Bradley Jr
Dahn Corporation
List Price
$1,289,000
Sold Price
$1,216,000
Premium/Discount to List
-$73,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.74%
Original Mortgage
$605,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 30, 2012
Closed on
Sep 6, 2012
Sold by
Ferren Marcelyn Courtney and Ferren Donald
Bought by
227 Onyx Llc
Seller's Agent
John Parenti
Partners Real Estate
Buyer's Agent
Robert Bradley Jr
Dahn Corporation
List Price
$1,289,000
Sold Price
$1,216,000
Premium/Discount to List
-$73,000
-5.66%

Purchase Details

Closed on
Oct 8, 2009
Sold by
Ferren Donald and Ferren Marcelyn Courtney
Bought by
Ferren Marcelyn Courtney and Ferren Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Ferren Donald and Ferren Marcelyn Courtney
Bought by
Ferren Marcelyn Courtney and Ferren Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2009
Sold by
Ferren Marcelyn Courtney and Ferren Donald D
Bought by
Ferren Marcelyn Courtney and Ferren Donald D

Purchase Details

Closed on
Apr 30, 2007
Sold by
Ferrern Marcelyn Courtney
Bought by
Ferren Marcelyn Courtney and Ferren Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2005
Sold by
Ferren Marcelyn Courtney and Courtney Daniel F
Bought by
Ferren Marcelyn Courtney and Courtney Ferren Irrevocable Trust

Purchase Details

Closed on
Jan 22, 2004
Sold by
Ferren Donald D and Boyle Bernard G
Bought by
Ferren Marcelyn Courtney and Courtney Daniel F
Source: Public Records

Range of Values:

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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
Cowie Kenneth B $3,555,000 Lawyers Title Insurance Co
Milstein Mitchel $3,450,000 California Title Co
Recker Kenneth $3,300,000 Orange Coast Title Company
227 Onyx Ave Llc -- Chicago Title Company
227 Onyx Llc $1,186,000 First American Title Ins Co
Ferren Marcelyn Courtney -- Accommodation
Ferren Donald -- Lawyers Title
Ferren Marcelyn Courtney -- Accommodation
Ferren Donald -- Lawyers Title
Ferren Marcelyn Courtney -- California Counties Title Co
Ferren Marcelyn Courtney -- Commonwealth Land Title Co
Ferren Marcelyn Courtney -- --
Ferren Marcelyn Courtney -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cowie Kenneth B $2,133,000
Previous Owner Winston Trust $2,034,513
Previous Owner Milstein Mitchel $2,070,000
Previous Owner Recker Kenneth $2,037,000
Previous Owner Recker Kenneth $2,055,000
Previous Owner Recker Kenneth $2,310,000
Previous Owner 227 Onyx Ave Llc $1,720,000
Previous Owner 227 Onyx Ave Llc $605,000
Previous Owner Ferren Donald $200,000
Previous Owner Ferren Donald $100,000
Previous Owner Ferren Marcelyn Courtney $750,000
Previous Owner Ferren Marcelyn Courtney $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $3,555,000 0.0% $1,365 / Sq Ft
11/06/2020 11/06/20 For Sale $3,555,999 +3.1% $1,365 / Sq Ft
01/08/2018 01/08/18 Sold $3,450,000 -4.0% $1,443 / Sq Ft
10/30/2017 10/30/17 Pending -- -- --
10/05/2017 10/05/17 Price Changed $3,595,000 -2.7% $1,504 / Sq Ft
07/05/2017 07/05/17 Price Changed $3,695,000 -2.6% $1,545 / Sq Ft
05/01/2017 05/01/17 Price Changed $3,795,000 -5.0% $1,587 / Sq Ft
02/21/2017 02/21/17 For Sale $3,995,000 +21.1% $1,671 / Sq Ft
10/16/2014 10/16/14 Sold $3,300,000 -2.7% $1,179 / Sq Ft
09/04/2014 09/04/14 For Sale $3,390,000 +178.8% $1,211 / Sq Ft
09/28/2012 09/28/12 Sold $1,216,000 -5.7% $925 / Sq Ft
05/30/2012 05/30/12 For Sale $1,289,000 -- $981 / 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 $42,666 $3,848,045 $3,076,304 $771,741
2024 $42,666 $3,772,594 $3,015,985 $756,609
2023 $41,637 $3,698,622 $2,956,848 $741,774
2022 $38,433 $3,626,100 $2,898,870 $727,230
2021 $37,767 $3,555,000 $2,842,029 $712,971
2020 $38,151 $3,589,380 $2,877,430 $711,950
2019 $37,356 $3,519,000 $2,821,009 $697,991
2018 $36,985 $3,485,677 $2,808,812 $676,865
2017 $36,330 $3,417,331 $2,753,737 $663,594
2016 $35,511 $3,350,325 $2,699,742 $650,583
2015 $35,179 $3,300,000 $2,659,189 $640,811
2014 $13,996 $1,299,464 $1,090,528 $208,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20233493

California Regional Multiple Listing Service (CRMLS)

APN: 050-161-28