R
Seller's Agent in 2023
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
69 in this area
104 Total Sales
229 Opal Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,505,186 - $5,325,000
3
Beds
3
Baths
2,162
Sq Ft
$2,182/Sq Ft
Est. Value
Highlights
- City Lights View
- Granite Countertops
- 2 Car Attached Garage
- Abraham Lincoln Elementary School Rated A
- No HOA
- 3-minute walk to Balboa Island Park
About This Home
As of August 2023Stunning Cape Cod three-bedroom, two-and-a-half-bath Island home just steps from
the water! As soon as you step on the property, you'll be greeted by a cozy front patio
and a beautiful Dutch door leading to the large living room. The downstairs living
space is complete with a fireplace, dining area, and a spacious private interior patio.
The real standout feature of this home is the outstanding secondary family room with
its fantastic two-story high ceilings, a fireplace, complete with wood beams. This space is perfect
for entertaining or just relaxing after a day at the beach. Enjoy a fully equipped
kitchen with upgraded appliances and all the amenities you need. The second level
of the home provides two guest bedrooms, as well as a master suite boasting an office/sitting area, and a private balcony. This property also comes with
a rare short-term lodging permit, making it an excellent investment opportunity for
those looking to rent out the property when not in use. This home is a true gem,
offering the perfect blend of beach-side relaxation and modern amenities. Don't miss
your chance to make it your own!
Last Agent to Sell the Property
Arbor Real Estate License #01869795 Listed on: 05/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,617
Year Built
- Built in 1989
Lot Details
- 2,550 Sq Ft Lot
- Rectangular Lot
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,162 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- City Lights Views
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Additional Features
- More Than Two Accessible Exits
- Exterior Lighting
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Legal Lot and Block 10 / 10
- Tax Tract Number 99
- Assessor Parcel Number 05007206
- $369 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 5, 2023
Sold by
Rhs Balboa Investments Llc
Bought by
Balboa Sunshine Properties Llc
Current Estimated Value
Purchase Details
Closed on
Dec 22, 2021
Sold by
Rhs Balboa Investments Llc
Bought by
Heuser Richard R and Heuser Sharon L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 9, 2006
Sold by
Heuser Richard R
Bought by
Rhs Balboa Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2006
Sold by
Heuser Richard R
Bought by
Rsh Balboa Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 4, 2005
Sold by
Rsh Balboa Investments Llc
Bought by
Heuser Richard R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 2005
Sold by
Heuser Sharon L
Bought by
Heuser Richard R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 12, 2005
Sold by
Heuser Richard R and Heuser Sharon L
Bought by
Heuser Richard R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,255,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 30, 2004
Sold by
Heuser Richard R and Heuser Sharon L
Bought by
Rsh Balboa Investments Llc
Purchase Details
Closed on
Oct 3, 2004
Sold by
Heuser Richard R
Bought by
Heuser Richard R and Heuser Sharon L
Purchase Details
Closed on
Jun 4, 2004
Sold by
Heuser Sharon L
Bought by
Heuser Richard R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2004
Sold by
The J Neil & Marguerite C Le Vecke Trust
Bought by
Heuser Richard R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 1998
Sold by
Holden Gregory G and Holden Ann B
Bought by
Levecke Marguerite C and The J Neil & Marguerite C Levecke Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
5.5%
Purchase Details
Closed on
Jul 28, 1997
Sold by
Segar Doris A
Bought by
Holden Gregory G and Holden Ann B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.45%
Mortgage Type
Credit Line Revolving
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 |
|---|---|---|---|
| Balboa Sunshine Properties Llc | $3,950,000 | First American Title | |
| Heuser Richard R | -- | American Coast Title | |
| Rhs Balboa Investments Llc | -- | First American Title Co | |
| Heuser Richard R | -- | First American Title Co | |
| Heuser Richard R | -- | First American Title Co | |
| Rsh Balboa Investments Llc | -- | None Available | |
| Heuser Richard R | -- | Orange Coast Title | |
| Heuser Richard R | -- | Orange Coast Title | |
| Heuser Richard R | -- | -- | |
| Heuser Richard R | -- | Orange Coast Title | |
| Rsh Balboa Investments Llc | -- | -- | |
| Heuser Richard R | -- | -- | |
| Heuser Richard R | -- | Chicago Title Company | |
| Heuser Richard R | $1,850,000 | Chicago Title Company | |
| Levecke Marguerite C | $935,000 | Chicago Title Co | |
| Holden Gregory G | $860,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Heuser Richard R | $822,000 | |
| Previous Owner | Rhs Balboa Investments Llc | $810,000 | |
| Previous Owner | Rhs Balboa Investments Llc | $1,267,500 | |
| Previous Owner | Heuser Richard R | $1,335,000 | |
| Previous Owner | Heuser Richard | $400,000 | |
| Previous Owner | Heuser Richard R | $1,255,000 | |
| Previous Owner | Heuser Richard R | $1,000,000 | |
| Previous Owner | Levecke Marguerite C | $570,000 | |
| Previous Owner | Levecke Marguerite C | $748,000 | |
| Previous Owner | Holden Gregory G | $238,000 | |
| Previous Owner | Holden Gregory G | $450,000 | |
| Closed | Heuser Richard R | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2023 08/23/23 | Sold | $3,950,000 | -5.8% | $1,827 / Sq Ft |
| 05/11/2023 05/11/23 | For Sale | $4,195,000 | -- | $1,940 / 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 | $44,617 | $4,029,000 | $3,679,805 | $349,195 |
| 2024 | $44,617 | $3,950,000 | $3,607,651 | $342,349 |
| 2023 | $32,433 | $2,813,553 | $2,400,455 | $413,098 |
| 2022 | $29,380 | $2,758,386 | $2,353,387 | $404,999 |
| 2021 | $28,817 | $2,704,300 | $2,307,242 | $397,058 |
| 2020 | $28,540 | $2,676,571 | $2,283,584 | $392,987 |
| 2019 | $27,948 | $2,624,090 | $2,238,808 | $385,282 |
| 2018 | $27,390 | $2,572,638 | $2,194,910 | $377,728 |
| 2017 | $26,906 | $2,522,195 | $2,151,873 | $370,322 |
| 2016 | $25,442 | $2,391,000 | $2,071,000 | $320,000 |
| 2015 | $22,278 | $2,077,920 | $1,757,920 | $320,000 |
| 2014 | -- | $2,077,920 | $1,757,920 | $320,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Allison Root
Compass
(949) 554-1200
3 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23048364
APN: 050-072-06
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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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