$3,230,000
SOLD JUL 30, 2014
3 Beds
4.5 Baths
2,859 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$1,130 Per Sq Ft

1% Below List Price

10 Days on Market

Highlights

  • Beach Access
  • Home Theater
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Newly Remodeled
  • 3-minute walk to Balboa Island Park

About This Home

As of November 2020

STUNNING BRAND NEW 3-STORY CAPE COD CUSTOM HOME WITH BAY VIEWS! This beautiful new home, steps from North Bayfront, built by DEVCO Homes & designed by William B. Guidero, will be completed by Summer 2014. The 1st floor includes a great room with fireplace, reclaimed wood beams on fireplace and ceiling, gourmet kitchen with top-line appliances including 48" Wolfe duel fuel stove and 42" Sub-Zero refrigerator, honed marble and caesar-stone counter tops + separate wine refrigerator, pocket doors opening to a serene front patio and a handsome skylight lit staircase. The 2nd floor has a master suite with fireplace, giant walk-in closet, luxurious bath and large Bay-view sitting deck, two guest bedrooms with built-in dressers, each with private bath, a den/bonus room, and a professional laundry room. The 3rd story has an office or guest area with tiled 3/4 bathroom, oversized roof deck with built-in seating & outdoor kitchenette + a large covered loggia for privacy and shade. Additional amenities: French white oak floors, tongue & groove ceilings, Walker Zanger tile and stone, elaborate finished cabinetry work, extra side parking, and a 3-story elevator. 231 Agate is the ultimate Balboa Island custom home awaiting its new owner to enjoy this summer!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 05/16/2014

Last Buyer's Agent

Michaela McCloskey

Compass License #01261456

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,428

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Redwood Siding

Interior Spaces

  • 2,859 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Double Pane Windows
  • French Doors
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Loft
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Beach Access
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 63006
  • Assessor Parcel Number 05003135

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,428

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Cape Cod
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05003135
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2859.00
  • Interior Amenities: Built-in Features
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1129.77
  • Room Type: All Bedrooms Up, Den, Entry, Family Room, Great Room, Loft, Living Room, Media Room, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Bay, City Lights, Panoramic
  • Pool Private: No
  • Roof: Composition, Metal
  • Spa: No
  • Construction Materials: Brick, Redwood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 63006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Oct 7, 2020
Sold by
Berman Stuart Bruce and Berman Toni Atison
Bought by
Kelly James P and Kelly Inna
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Alexander Vichinsky
The Agency
List Price
$3,950,000
Sold Price
$3,950,000
Total Days on Market
10
Current Estimated Value
$5,429,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,479,101
Avg. Annual Appreciation
7.22%
Original Mortgage
$2,500,000
Outstanding Balance
$2,243,624
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,185,477

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 3, 2014
Sold by
Deverian Jonathan D and Deverian Holly
Bought by
Berman Stuart and Berman Toni
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Michaela McCloskey
Compass
List Price
$3,250,000
Sold Price
$3,230,000
Premium/Discount to List
-$20,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Original Mortgage
$417,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2013
Sold by
Deverian Jonathan and Satterfield Mark
Bought by
Deverian Jonathan D and Deverian Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,315,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2012
Closed on
Apr 1, 2013
Sold by
Clark Roland T
Bought by
Deverian Jonathan and Satterfield Mark
Seller's Agent
Angela Glaser
Berkshire Hathaway HomeService
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$1,895,000
Sold Price
$1,400,000
Premium/Discount to List
-$495,000
-26.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%

Purchase Details

Closed on
Sep 23, 1994
Sold by
Clark Roland T
Bought by
Clark Roland T and Rks Family Trust

Purchase Details

Closed on
Jun 27, 1994
Sold by
Clark Roland T
Bought by
Clark Roland T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.85%
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 Type Sale Price Title Company
Grant Deed $3,950,000 Lawyers Title Company
Grant Deed $3,230,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $1,400,000 Fidelity National Title Oran
Grant Deed -- --
Grant Deed -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,500,000 New Conventional
Previous Owner $364,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $1,315,000 New Conventional
Previous Owner $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $3,950,000 0.0% $1,597 / Sq Ft
11/09/2020 11/09/20 For Sale $3,950,000 +22.3% $1,597 / Sq Ft
07/30/2014 07/30/14 Sold $3,230,000 -0.6% $1,130 / Sq Ft
05/26/2014 05/26/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $3,250,000 +132.1% $1,137 / Sq Ft
05/28/2013 05/28/13 Sold $1,400,000 -6.6% $858 / Sq Ft
03/18/2013 03/18/13 Price Changed $1,499,000 -3.3% $919 / Sq Ft
03/18/2013 03/18/13 Price Changed $1,550,000 -3.1% $950 / Sq Ft
02/13/2013 02/13/13 Price Changed $1,599,000 -5.9% $980 / Sq Ft
11/15/2012 11/15/12 Price Changed $1,699,000 -5.3% $1,041 / Sq Ft
10/28/2012 10/28/12 Price Changed $1,795,000 -5.3% $1,100 / Sq Ft
09/26/2012 09/26/12 For Sale $1,895,000 -- $1,161 / 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
2024 $46,428 $4,191,771 $3,437,661 $754,110
2023 $45,376 $4,109,580 $3,370,256 $739,324
2022 $44,641 $4,029,000 $3,304,172 $724,828
2021 $43,818 $3,950,000 $3,239,384 $710,616
2020 $37,867 $3,549,571 $2,848,816 $700,755
2019 $37,081 $3,479,972 $2,792,957 $687,015
2018 $36,342 $3,411,738 $2,738,193 $673,545
2017 $35,699 $3,344,842 $2,684,503 $660,339
2016 $34,896 $3,279,257 $2,631,865 $647,392
2015 $34,568 $3,230,000 $2,592,332 $637,668
2014 $16,665 $1,540,837 $1,364,220 $176,617
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14102334

California Regional Multiple Listing Service (CRMLS)

APN: 050-031-35