231 Agate Ave Newport Beach, CA 92662
Balboa Island Neighborhood
4
Beds
3
Baths
1,632
Sq Ft
2,550
Sq Ft Lot
Highlights
- Beach Access
- Guest House
- Craftsman Architecture
- Abraham Lincoln Elementary School Rated A
- Open Floorplan
- 3-minute walk to Balboa Island Park
About This Home
As of November 2020MAJOR PRICE REDUCTION TO $1,499,000!!! GREAT INVESTMENT! GREAT POTENTIAL!!! Vintage... Ideal remodel or rebuild... Standard full-size lot... Ideal location... Family owned since the 60's... Nestled amongst mature pine trees. Original knotty pine throughout. Between all the interior pine and the trees; a feeling of being in the mountains while being at the beach... Very unique setting for Balboa Island... Separate free standing REAR UNIT, perfect for Guest House, Mother in Law unit, Office or use as rental income, as it has been for years... 2-car garage + side carport. Steps to the beach and within short walking distance of the Ferry, restaurants and shopping... Property is being sold in 'AS-IS' condition with no express or implied warranties by Seller or Seller's agent... Buyer to verify square footage and all decision making factors related to the property... Very easy to view... Owner is extremely motivated to sell at this time !!!
Last Agent to Sell the Property
Angela Glaser
Berkshire Hathaway HomeService License #00680544 Listed on: 09/26/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,428
Year Built
- Built in 1930
Lot Details
- 2,550 Sq Ft Lot
- Lot Dimensions are 30x85
- Property fronts an alley
- Wooded Lot
Parking
- 2 Car Garage
- Carport
- Rear-Facing Garage
Home Design
- Craftsman Architecture
- Bungalow
- Composition Roof
- Wood Siding
Interior Spaces
- 1,632 Sq Ft Home
- Open Floorplan
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Drapes & Rods
- Laundry in Garage
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Maid or Guest Quarters
Outdoor Features
- Beach Access
- Patio
Additional Homes
- Guest House
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 63006
- Assessor Parcel Number 05003135
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
182
Current Estimated Value
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%
Similar Homes in Newport Beach, CA
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 | 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
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
-
Ryan Gunderson
R
Seller's Agent in 2020
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
-
Alexander Vichinsky
Buyer's Agent in 2020
Alexander Vichinsky
The Agency
(510) 289-5980
1 in this area
88 Total Sales
-
David Parnes
Buyer Co-Listing Agent in 2020
David Parnes
Carolwood Estates
(310) 894-3435
1 in this area
135 Total Sales
-
Don Abrams
Seller's Agent in 2014
Don Abrams
Abrams Coastal Properties
(714) 325-9055
68 in this area
95 Total Sales
-
Michaela McCloskey
M
Buyer's Agent in 2014
Michaela McCloskey
Compass
(949) 438-4340
10 Total Sales
-
A
Seller's Agent in 2013
Angela Glaser
Berkshire Hathaway HomeService
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12003813
APN: 050-031-35
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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