Seller's Agent in 2020
Don Abrams
Abrams Coastal Properties
(714) 325-9055
66 in this area
95 Total Sales
301 Diamond Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,525,000 - $5,373,000
3
Beds
5
Baths
2,277
Sq Ft
$2,176/Sq Ft
Est. Value
Highlights
- Roof Top Spa
- Rooftop Deck
- City Lights View
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- Heated Floor in Bathroom
About This Home
As of June 2020FOR COMP PURPOSES ONLY. Welcome to an impressive soft contemporary situated on a light and bright Balboa Island corner lot. This fabulous custom design, built in 2016, offers something rarely available: a modern Island beach house. Crafted with comfortable open-concept living and clean lines, this house blends the attractive home styles, usually only seen in LA beach communities. The large first floor provides a spacious living area with travertine floors, stone fireplace, bar area, as well as a gourmet kitchen with Quartzite countertops, Wolf and SubZero appliances, wine refrigerator, and stunning floor-to-ceiling dining area, affording outstanding light. The first level also includes excellent indoor/outdoor living space, with stackable doors leading to a broad and open front patio with firepit, BBQ, and more. The second floor begins with a sleek, glass railing catwalk across and over the dining area and offers a fantastic master retreat with walk-in closet, balcony, and a spa-like master bath with dual sinks and oversized walk-in shower. The second floor also offers two en suite guest rooms. The third level presents a wonderful sitting area, a powder bath, and a great roof deck with firepit, custom flooring, jacuzzi, and city-light views. The home also comes elevator ready, and is equipped with a large two-car garage.
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 06/09/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,011
Year Built
- Built in 2016 | Remodeled
Lot Details
- 2,550 Sq Ft Lot
- Stone Wall
- Stucco Fence
- Corner Lot
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
Property Views
- City Lights
- Peek-A-Boo
Home Design
- Turnkey
- Tar and Gravel Roof
- Metal Roof
- Stucco
Interior Spaces
- 2,277 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Built-In Features
- Bar
- Cathedral Ceiling
- Gas Fireplace
- Double Pane Windows
- Custom Window Coverings
- Panel Doors
- Family Room with Fireplace
- Great Room
- Living Room
Kitchen
- Walk-In Pantry
- Six Burner Stove
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Heated Floor in Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Multiple Shower Heads
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
Pool
- Roof Top Spa
- Above Ground Spa
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
- Fire Pit
- Exterior Lighting
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Legal Lot and Block 30 / 13
- Tax Tract Number 101
- Assessor Parcel Number 05008212
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 22, 2022
Sold by
Rathbun Dean C and Rathbun Ann Deborah
Bought by
Rathbun Garner Family Trust
Current Estimated Value
Purchase Details
Listed on
Jun 9, 2020
Closed on
Jun 4, 2020
Sold by
Wall George J and George J Wall Revocable Trust
Bought by
Rathbun Dean C and Garner Deborah A
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Dean Rathbun
Dean Rathbun Sr., Broker
List Price
$3,195,000
Sold Price
$3,075,000
Premium/Discount to List
-$120,000
-3.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$2,100,000
Interest Rate
2.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 7, 2016
Sold by
Towaco Investments Llc
Bought by
George J Wall Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,512,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 6, 2013
Sold by
Giannulli S Gene
Bought by
Towaco 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
$2,100,000
Interest Rate
4.17%
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 |
|---|---|---|---|
| Rathbun Garner Family Trust | -- | Garrett Carchidi Llp | |
| Rathbun Dean C | -- | Garrett Carchidi Llp | |
| Rathbun Dean C | $3,075,000 | First American Title Company | |
| George J Wall Revocable Trust | -- | Accommodation | |
| George J Wall Revocable Trust | -- | Accommodation | |
| Towaco Investments Llc | $1,500,000 | Pacific Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rathbun Dean C | $2,100,000 | |
| Previous Owner | George J Wall Revocable Trust | $2,512,500 | |
| Previous Owner | Towaco Investments Llc | $2,100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2020 06/09/20 | Sold | $3,075,000 | -3.8% | $1,350 / Sq Ft |
| 06/09/2020 06/09/20 | For Sale | $3,195,000 | -- | $1,403 / Sq Ft |
| 06/08/2020 06/08/20 | Pending | -- | -- | -- |
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 | $35,011 | $3,362,960 | $2,604,725 | $758,235 |
| 2024 | $35,011 | $3,297,020 | $2,553,652 | $743,368 |
| 2023 | $34,192 | $3,232,373 | $2,503,580 | $728,793 |
| 2022 | $33,625 | $3,168,994 | $2,454,491 | $714,503 |
| 2021 | $32,979 | $3,106,857 | $2,406,363 | $700,494 |
| 2020 | $22,458 | $2,098,869 | $1,434,626 | $664,243 |
| 2019 | $21,993 | $2,057,715 | $1,406,496 | $651,219 |
| 2018 | $21,555 | $2,017,368 | $1,378,918 | $638,450 |
| 2017 | $21,174 | $1,977,812 | $1,351,880 | $625,932 |
| 2016 | $20,699 | $1,939,032 | $1,325,373 | $613,659 |
| 2015 | $16,130 | $1,525,572 | $1,305,465 | $220,107 |
| 2014 | $6,085 | $534,464 | $463,196 | $71,268 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Ryan Gunderson
R
Seller Co-Listing Agent in 2020
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
69 in this area
104 Total Sales
-
Dean Rathbun
D
Buyer's Agent in 2020
Dean Rathbun
Dean Rathbun Sr., Broker
(949) 733-0535
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20106785
APN: 050-082-12
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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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