Landlord's Agent in 2020
Ann Ackerman
Compass
(949) 280-4285
8 Total Sales
228 1/2 Pearl Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,514,000 - $5,990,000
2
Beds
1
Bath
1,100
Sq Ft
$4,833/Sq Ft
Est. Value
Highlights
- No HOA
- Beamed Ceilings
- Open to Family Room
- Abraham Lincoln Elementary School Rated A
- Double Oven
- 3-minute walk to Balboa Island Park
About This Home
As of November 2020BALBOA ISLAND - LONG TERM RENTAL. Location, location! This beautiful Balboa Island back unit is located on the quiet side of the island, and nestled along a charming tree lined street. As you come up the stairs, you will enter into a sweet secluded upper deck with teak wooden bench for your own private sanctuary. You enter this darling home through sliding glass doors, with beautiful stainglass accent, that open into the living room and dining areas letting in lots of sunlight. As you enter further, you'll see gorgeous high wood beam ceilings and the charming kitchen with top of the line appliances. Two bedrooms share a custom designed jack and jill full bathroom with lovely finishes. Downstairs is another large room, with kitchenette fridge & cooktop, and a private patio, that can be used as a work-from-home office, in-law suite, teenager refuge, or workout studio...the options are limitless. Washer & dryer included. One car attached garage. Water filtration system throughout. This has it all! Less than a block from the beach, close to the Ferry, fresh fruit market, corner restaurant - enjoy the Island lifestyle!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,609
Year Built
- Built in 1955
Lot Details
- 2,614 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Attached Garage
Home Design
- Duplex
Interior Spaces
- 1,100 Sq Ft Home
- Beamed Ceilings
- Family Room Off Kitchen
- Living Room
Kitchen
- Open to Family Room
- Double Oven
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- 1 Full Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Front Porch
Utilities
- Central Heating
- Water Purifier
- Phone Available
- Cable TV Available
Listing and Financial Details
- Security Deposit $3,850
- Rent includes trash collection, water
- 12-Month Minimum Lease Term
- Available 10/1/20
- Legal Lot and Block 11 / 5
- Tax Tract Number 99
- Assessor Parcel Number 05004219
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Bike Trail
Pet Policy
- Pet Deposit $500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 25, 2014
Sold by
Schall Lawrence
Bought by
Schall Lawrence
Current Estimated Value
Purchase Details
Closed on
Feb 27, 2013
Sold by
Schall Lawrence
Bought by
Schall Lawrence
Purchase Details
Closed on
Dec 19, 2008
Sold by
228 Pearl Llc
Bought by
Schall Lawrence
Purchase Details
Closed on
Dec 18, 2008
Sold by
Whitehead Mark J
Bought by
228 Pearl Llc
Purchase Details
Closed on
Jan 17, 2008
Sold by
Whitehead Annette M
Bought by
Whitehead Mark J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 4, 2005
Sold by
Whitehead Annette
Bought by
Whitehead Mark J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 2005
Sold by
Beshear Marilyn Gates and Gates Don Francis
Bought by
Whitehead Mark J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 29, 2004
Sold by
Gates Don Francis
Bought by
Beshear Marilyn Gates and Gates Don Francis
Purchase Details
Closed on
Jul 29, 1999
Sold by
Johnston/Williamson Properties
Bought by
Mcneill Anne M
Purchase Details
Closed on
Sep 25, 1995
Sold by
Gates Don Francis
Bought by
Gates Don Francis
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schall Lawrence | -- | None Available | |
| Schall Lawrence | -- | None Available | |
| Schall Lawrence | $2,285,000 | California Title Company | |
| 228 Pearl Llc | -- | California Title Company | |
| Whitehead Mark J | -- | Chicago Title Company | |
| Whitehead Mark J | -- | Fidelity National Title | |
| Whitehead Mark J | $1,850,000 | Fidelity National Title | |
| Beshear Marilyn Gates | -- | -- | |
| Beshear Marilyn Gates | -- | -- | |
| Mcneill Anne M | $1,600,000 | First American Title Ins Co | |
| Gates Don Francis | -- | -- | |
| Gates Don Francis | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Whitehead Mark J | $580,000 | |
| Previous Owner | Whitehead Mark J | $1,295,000 | |
| Previous Owner | Whitehead Mark J | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2020 11/01/20 | Rented | $3,850 | 0.0% | -- |
| 09/30/2020 09/30/20 | For Rent | $3,850 | -- | -- |
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 | $32,609 | $2,942,536 | $2,135,106 | $807,430 |
| 2024 | $32,609 | $2,884,840 | $2,093,241 | $791,599 |
| 2023 | $31,877 | $2,828,275 | $2,052,197 | $776,078 |
| 2022 | $31,362 | $2,772,819 | $2,011,958 | $760,861 |
| 2021 | $30,794 | $2,718,450 | $1,972,507 | $745,943 |
| 2020 | $28,824 | $2,690,576 | $1,952,281 | $738,295 |
| 2019 | $28,228 | $2,637,820 | $1,914,001 | $723,819 |
| 2018 | $27,666 | $2,586,099 | $1,876,472 | $709,627 |
| 2017 | $27,177 | $2,535,392 | $1,839,679 | $695,713 |
| 2016 | $26,567 | $2,485,679 | $1,803,607 | $682,072 |
| 2015 | $26,317 | $2,448,342 | $1,776,515 | $671,827 |
| 2014 | $25,697 | $2,400,383 | $1,741,716 | $658,667 |
Source: Public Records
Agents Affiliated with this Home
-
-
Landlord's Co-Listing Agent in 2020
Harold Noriega
Compass
(949) 400-9905
54 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20205514
APN: 050-031-08
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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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