303 Amethyst Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $2,949,153 - $3,553,000
3
Beds
2
Baths
1,059
Sq Ft
$3,088/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Open Floorplan
- Furnished
- Abraham Lincoln Elementary School Rated A
- Wood Flooring
- Quartz Countertops
About This Home
As of May 2024BACK ON MARKET FOLLOWING TWO MONTH RENTAL. PROPERTY IS TURNKEY FULLY FURNISHED WITH CITY OF NEWPORT BEACH SHORT TERM RENTAL PERMIT. This is an exquisite opportunity to own a piece of paradise in the heart of Balboa Island. A charming 3 bedroom, 2 bath cottage that epitomizes coastal living at its finest. This charming 1939 cottage effortlessly blends the charm of yesteryear with the comforts of contemporary living and modern conveniences. Enjoy the convenience of being just moments away from local eateries, boutique shops, and recreational activities, making every day a new adventure. Picture yourself enjoying your morning coffee or entertaining friends on your expansive front patio, enclosed by a classic white picket fence. It is the perfect setting for creating lasting memories. Step inside through the Dutch door entry and you will be greeted by a light and airy living room with high beamed ceilings, original hardwood floors and stone fireplace. For a more private setting, enjoy the large covered rear patio complete with a barbeque and separate dining. The heart of the home, the kitchen, is adorned with black limestone floors and sleek quartz countertops, creating a sophisticated space where culinary delights come to life. It’s a perfect blend of form and function. This cottage comes fully furnished allowing you to immerse yourself in the coastal lifestyle from day one. With the coveted short-term rental permit in hand and turnkey furnishings, you can start generating returns on your investment right away. Imagine owning a slice of coastal paradise that not only embraces the laid-back charm of Balboa Island living but also presents a lucrative investment opportunity. Benefit from the perpetual allure of Balboa Island, where tourists and vacationers seek the unique experience of coastal living. Your property is poised to become a sought after retreat. Now is the time to turn your dream of owning a Balboa Island cottage into reality. Arrange a viewing today, and let this charming property speak for itself.
Last Agent to Sell the Property
THOMAS E CHRISTENSEN & ASSOC Brokerage Phone: 949-422-2678 License #00532905 Listed on: 11/28/2023
Last Buyer's Agent
THOMAS E CHRISTENSEN & ASSOC Brokerage Phone: 949-422-2678 License #00532905 Listed on: 11/28/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,957
Year Built
- Built in 1939 | Remodeled
Lot Details
- 2,550 Sq Ft Lot
- East Facing Home
- Wood Fence
- Front Yard Sprinklers
Parking
- 1 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Cottage
- Turnkey
- Brick Exterior Construction
- Raised Foundation
- Fire Rated Drywall
- Composition Roof
- Plaster
- Stucco
Interior Spaces
- 1,059 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Beamed Ceilings
- Coffered Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Awning
- Plantation Shutters
- Blinds
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Self-Cleaning Oven
- Gas Range
- Free-Standing Range
- Microwave
- Freezer
- Water Line To Refrigerator
- Dishwasher
- Quartz Countertops
- Pots and Pans Drawers
- Self-Closing Drawers and Cabinet Doors
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Bathroom on Main Level
- Quartz Bathroom Countertops
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
- Low Flow Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Covered patio or porch
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Vented Exhaust Fan
- 220 Volts in Garage
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- No Interior Steps
- Energy-Efficient Windows
Listing and Financial Details
- Legal Lot and Block 35 / 17
- Tax Tract Number 101
- Assessor Parcel Number 05014221
- $369 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2023
Closed on
Apr 19, 2024
Sold by
James L Christensen 1997 Revocable Trust and Christensen Thomas E
Bought by
Wade & Lisa Elliott Family Trust and Elliott
Seller's Agent
Thomas Christensen
THOMAS E CHRISTENSEN & ASSOC
Buyer's Agent
Thomas Christensen
THOMAS E CHRISTENSEN & ASSOC
List Price
$3,295,000
Sold Price
$3,200,000
Premium/Discount to List
-$95,000
-2.88%
Total Days on Market
138
Views
85
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
$70,538
Avg. Annual Appreciation
2.12%
Original Mortgage
$500,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2012
Sold by
Christensen Thomas E
Bought by
Christensen Thomas E and Thomas E Christensen Separate Property T
Purchase Details
Closed on
Sep 20, 2010
Sold by
Kirst Sue Ann and Kirst James J
Bought by
Christensen Thomas E and Leslie E Christensen Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2007
Sold by
Kirst James J and Kirst Sue Ann
Bought by
Kirst Sue Ann and Kirst James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2007
Sold by
Kirst Sue Ann and Kirst James J
Bought by
Kirst James J and Kirst Sue Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2006
Sold by
Kirst James J and Kirst Sue Ann
Bought by
Kirst Sue Ann and Kirst James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 1, 2005
Sold by
Ghkh Lp
Bought by
Kirst Sue Ann and Kirst James J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 4, 2003
Sold by
Pangburn Carol Louise
Bought by
Ghkh Lp
Purchase Details
Closed on
Oct 26, 1999
Sold by
Pangburn Carol
Bought by
Carol Louise Pangburn Living Trust
Purchase Details
Closed on
Jun 11, 1999
Sold by
The Breitkreutz Trust
Bought by
Pangburn Carol
Similar Homes in the area
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 |
|---|---|---|---|
| Wade & Lisa Elliott Family Trust | $3,200,000 | Lawyers Title Company | |
| Christensen Thomas E | -- | None Available | |
| Christensen Thomas E | $1,150,000 | First American Title | |
| Kirst Sue Ann | -- | Accommodation | |
| Kirst James J | -- | United Title Company | |
| Kirst Sue Ann | -- | Diversified Title | |
| Kirst James J | -- | Diversified Title | |
| Kirst Sue Ann | $1,535,000 | Chicago Title Co | |
| Ghkh Lp | $1,200,000 | Chicago Title | |
| Carol Louise Pangburn Living Trust | -- | -- | |
| Pangburn Carol | -- | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wade & Lisa Elliott Family Tru | $1,200,000 | |
| Closed | Wade & Lisa Elliott Family Trust | $500,000 | |
| Previous Owner | Christensen Thomas E | $720,000 | |
| Previous Owner | Kirst James J | $1,225,000 | |
| Previous Owner | Kirst James J | $340,000 | |
| Previous Owner | Kirst James J | $1,190,000 | |
| Previous Owner | Kirst Sue Ann | $1,228,000 | |
| Previous Owner | Carol Louise Pangburn Living Trust | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $3,200,000 | -2.9% | $3,022 / Sq Ft |
| 04/15/2024 04/15/24 | Pending | -- | -- | -- |
| 04/13/2024 04/13/24 | For Sale | $3,295,000 | +3.0% | $3,111 / Sq Ft |
| 02/01/2024 02/01/24 | Off Market | $3,200,000 | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $3,295,000 | +3.0% | $3,111 / Sq Ft |
| 12/23/2023 12/23/23 | Off Market | $3,200,000 | -- | -- |
| 11/28/2023 11/28/23 | For Sale | $3,295,000 | -- | $3,111 / 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 | $5,957 | $528,795 | $216,555 | $312,240 |
| 2023 | $5,815 | $518,427 | $212,309 | $306,118 |
| 2022 | $5,715 | $508,262 | $208,146 | $300,116 |
| 2021 | $5,607 | $498,297 | $204,065 | $294,232 |
| 2020 | $5,553 | $493,188 | $201,972 | $291,216 |
| 2019 | $5,444 | $483,518 | $198,012 | $285,506 |
| 2018 | $5,337 | $474,038 | $194,130 | $279,908 |
| 2017 | $5,244 | $464,744 | $190,324 | $274,420 |
| 2016 | $5,129 | $455,632 | $186,592 | $269,040 |
| 2015 | $5,079 | $448,788 | $183,789 | $264,999 |
| 2014 | $4,960 | $439,997 | $180,188 | $259,809 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Christensen
T
Seller's Agent in 2024
Thomas Christensen
THOMAS E CHRISTENSEN & ASSOC
(949) 720-3980
1 in this area
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23210395
APN: 050-142-21
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