NOT LISTED FOR SALE

Estimated Value: $4,641,000 - $6,229,000

4 Beds
4.5 Baths
2,423 Sq Ft
$2,203/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $3,580,000 $1,478 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $31,906/month

Highlights

  • Coastline Views
  • Wine Cellar
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • New Construction
  • 5-minute walk to Balboa Island Park

About This Home

As of June 2021

FOR COMP PURPOSES ONLY. Stunning brand new 4 bedroom, 5 bath Balboa Island home just up the street from beautiful Ruby Beach. This Balinese-resort style home provides year-around vacation living to the most discerning buyer. The open floor planned first level has an extraordinary great room that opens to the generous front patio through La Cantina doors spanning the entire frontage. The dramatic floor-to-ceiling stone fireplace compliments the European white oak flooring throughout the home and the white oak and teak cabinetry of the kitchen. The chef’s deluxe kitchen features paneled Viking appliances, Neolith quartz countertops, and an LED wine cellar. Also on the first level is a rare commodity on the Island: a first floor bedroom suite. The second level provides three bedrooms and an outdoor patio; the master suite has a vaulted ceiling, huge walk-in closet, spa quality bath and its own private deck. The third level showcases what is likely the largest (1000 sf) roof deck on the Island with exceptional Bay views, an alfresco kitchen, and both covered and open spaces. Other indoor amenities include Central A/C, designer LED lighting, Brizo solid brass plumbing fixtures, and generous use of Italian limestone stone flooring while the exterior features limestone and imported mahogany walls. There is a generous 2-car garage plus room for golf carts at the rear of the home.

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 06/09/2021

Last Buyer's Agent

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 06/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,945

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 2,550 Sq Ft Lot
  • Masonry wall
  • Garden
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Coastline
  • Bay
  • City Lights

Home Design

  • Contemporary Architecture
  • Patio Home
  • Slab Foundation
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,423 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Patio
  • Terrace

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 26 / 12
  • Tax Tract Number 101
  • Assessor Parcel Number 05008112

Community Details

Overview

  • Property has a Home Owners Association
  • Bal Island Improvement Assoc Association, Phone Number (949) 689-1011
  • Balboa Island Main Island Subdivision

Amenities

  • Picnic Area

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,945

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05008112
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2423.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Deck Attached, Open Floorplan
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: 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: 4
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Fireplace Features: Living Room
  • Levels: One, Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1477.51
  • Room Type: Main Floor Bedroom, Wine Cellar
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, City Lights, Coastline
  • Fence: Yes
  • Fencing: Masonry
  • Patio And Porch Features: Deck, Roof Top, Terrace
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stone, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Name: Bal Island Improvement Assoc
  • Phone: 9496891011
  • Senior Community: No
  • Community Features: Biking, Watersports, Sidewalks
  • Association Management: same

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Patio Home
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 630.06
  • Tax Lot: 26
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Triou Scott D and Triou Kathleen M
Bought by
Triou Family Trust
Total Days on Market
0
Current Estimated Value
$5,337,606

Purchase Details

Listed on
Jun 9, 2021
Closed on
Apr 26, 2021
Sold by
303 Ruby Llc
Bought by
Triou Scott D and Triou Kathleen M
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$3,795,000
Sold Price
$3,580,000
Premium/Discount to List
-$215,000
-5.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$2,864,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2017
Closed on
Jul 7, 2017
Sold by
Angle John Lester and Noll Denise Lee
Bought by
303 Ruby Llc
Seller's Agent
Jean Ponek
Ponek Real Estate Group
Buyer's Agent
Todd Pitner
Promax Realty
List Price
$1,990,000
Sold Price
$1,850,000
Premium/Discount to List
-$140,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%
Original Mortgage
$1,375,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Triou Family Trust -- None Listed On Document
Triou Scott D $3,580,000 Chicago Title Company
303 Ruby Llc $1,850,000 California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Triou Scott D $353,500
Previous Owner Triou Scott D $2,864,000
Previous Owner 303 Ruby Llc $2,500,000
Previous Owner 303 Ruby Llc $250,000
Previous Owner 303 Ruby Llc $2,230,000
Previous Owner 303 Ruby Llc $311,000
Previous Owner 303 Ruby Llc $2,150,000
Previous Owner 303 Ruby Llc $1,375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $3,580,000 -5.7% $1,478 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $3,795,000 +105.1% $1,566 / Sq Ft
09/01/2017 09/01/17 Sold $1,850,000 -2.6% $2,278 / Sq Ft
06/27/2017 06/27/17 Price Changed $1,900,000 -5.0% $2,340 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
05/25/2017 05/25/17 Price Changed $1,999,999 +0.5% $2,463 / Sq Ft
05/23/2017 05/23/17 For Sale $1,990,000 -- $2,451 / 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 $42,945 $3,799,124 $2,871,097 $928,027
2023 $41,910 $3,724,632 $2,814,801 $909,831
2022 $38,701 $3,651,600 $2,759,608 $891,992
2021 $29,439 $2,763,384 $1,920,766 $842,618
2020 $28,317 $2,655,355 $1,901,071 $754,284
2019 $21,200 $1,982,244 $1,863,796 $118,448
2018 $19,797 $1,850,000 $1,827,251 $22,749
2017 $1,868 $144,081 $133,024 $11,057
2016 $1,830 $141,256 $130,415 $10,841
2015 $1,810 $139,135 $128,456 $10,679
2014 $1,769 $136,410 $125,940 $10,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21125433

California Regional Multiple Listing Service (CRMLS)

APN: 050-081-12