305 Apolena Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $3,306,000 - $4,380,000
4
Beds
3
Baths
1,904
Sq Ft
$1,970/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- More Than Two Accessible Exits
- Abraham Lincoln Elementary School Rated A
- Laundry Room
- Dining Room
About This Home
As of December 2022Outstanding Turnkey Island cottage in excellent location on the desirable 300 block of Apolena. This quintessential classic beach house offers four bedrooms, three baths, an abundance of upgrades, comfortable open floorplan, large courtyard, excellent front patio, and a variety of layout options. The main home has three bedrooms, two baths, a spacious great room with living room and dining room, a gourmet kitchen with Island, newer appliances, large pantry, quartz countertops, and fantastic storage, as well as bi-fold doors leading out to a serene courtyard with fantastic outdoor space. The home also provides beautiful white oak floors, remodeled baths, wood-paneled ceilings, and a large front patio. The rear home can be used as either a fourth bedroom and bath, or as a separate studio apartment with the addition of a kitchenette - providing wood floors, vaulted wood-beamed ceilings, a closet, and remodeled bath. The home also has a one-car garage with options to make additional parking as well. This home is one of the most eye-catching Balboa Island cottages to come on the market in a while, and it won't last long!
Last Agent to Sell the Property
Arbor Real Estate License #01869795 Listed on: 11/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,390
Year Built
- Built in 1940
Lot Details
- 2,550 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 1 Car Garage
Home Design
- Duplex
Interior Spaces
- 1,904 Sq Ft Home
- Dining Room
- Library with Fireplace
- Wood Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Accessible Home Design
- More Than Two Accessible Exits
Community Details
- No Home Owners Association
- 2 Units
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Legal Lot and Block 34 / 16
- Tax Tract Number 101
- Assessor Parcel Number 05013124
- $501 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2022
Closed on
Dec 1, 2022
Sold by
Lopez Matthew and Lopez Suzanne J
Bought by
Hopkins David M and Hopkins Elizabeth A
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$2,995,000
Sold Price
$3,000,000
Premium/Discount to List
$5,000
0.17%
Total Days on Market
26
Views
7
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
$750,256
Avg. Annual Appreciation
9.50%
Purchase Details
Closed on
Nov 6, 2018
Sold by
Nielsen Steven T
Bought by
Lopez Suzanne J and Lopez Matthew
Purchase Details
Closed on
Dec 8, 2016
Sold by
Nielsen Steven T
Bought by
Nielsen Steven T
Purchase Details
Closed on
Sep 25, 2013
Sold by
Dunning Barbara N
Bought by
Dunning Barbara N
Purchase Details
Closed on
Jul 13, 2004
Sold by
Dunning Raymond J
Bought by
Dunning Raymond J and Dunning Barbara N
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 |
|---|---|---|---|
| Hopkins David M | $3,000,000 | First American Title | |
| Lopez Suzanne J | -- | None Available | |
| Nielsen Steven T | -- | None Available | |
| Dunning Barbara N | -- | None Available | |
| Dunning Raymond J | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2022 12/16/22 | Sold | $3,000,000 | +0.2% | $1,576 / Sq Ft |
| 11/04/2022 11/04/22 | For Sale | $2,995,000 | -- | $1,573 / 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 | $35,390 | $3,060,000 | $2,550,000 | $510,000 |
| 2023 | $34,530 | $3,000,000 | $2,500,000 | $500,000 |
| 2022 | $2,424 | $182,221 | $115,587 | $66,634 |
| 2021 | $2,381 | $178,649 | $113,321 | $65,328 |
| 2020 | $2,357 | $176,818 | $112,159 | $64,659 |
| 2019 | $2,314 | $172,453 | $109,959 | $62,494 |
| 2018 | $2,101 | $152,856 | $107,803 | $45,053 |
| 2017 | $2,066 | $149,859 | $105,689 | $44,170 |
| 2016 | $1,952 | $146,921 | $103,617 | $43,304 |
| 2015 | $1,929 | $144,715 | $102,061 | $42,654 |
| 2014 | $1,884 | $141,881 | $100,062 | $41,819 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Gunderson
R
Seller's Agent in 2022
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22235566
APN: 050-131-24
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 220 Apolena Ave
- 327 Amethyst Ave
- 214 Sapphire Ave
- 202 Onyx Ave
- 127 Coral Ave
- 1201 N Bay Front
- 121 Onyx Ave
- 126 Sapphire Ave
- 115 Apolena Ave
- 316 Diamond Ave
- 305 Grand Canal Unit 1
- 209 Diamond Ave
- 201 Diamond Ave
- 222 Ruby Ave
- 104 Onyx Ave
- 1407 N Bay Front
- 126 Ruby Ave
- 210 Collins Ave
- 214 Abalone Ave
- 126 Abalone Ave
- 305 Apolena Ave
- 303 Apolena Ave
- 307 Apolena Ave
- 301 Apolena Ave
- 309 Apolena Ave
- 311 Apolena Ave
- 304 Coral Ave
- 302 Coral Ave
- 306 Coral Ave
- 300 Coral Ave Unit B
- 300 Coral Ave
- 308 Coral Ave
- 304 Apolena Ave
- 302 Apolena Ave
- 310 Coral Ave
- 306 Apolena Ave
- 1007 Balboa Ave Unit B
- 1007 Balboa Ave
- 227 Apolena Ave
- 300 Apolena Ave Unit .5