NOT LISTED FOR SALE

Estimated Value: $4,302,432 - $5,493,000

3 Beds
2.5 Baths
2,355 Sq Ft
$2,007/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $2,725,000 $1,157 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $28,317/month

504 Days on Market

Highlights

  • City Lights View
  • Fireplace in Primary Bedroom
  • Loft
  • Abraham Lincoln Elementary School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of January 2020

This wonderful Balboa Island home built is 2003 had been impeccably maintained by the second owner. This is a Super location in the middle off the island and near the North Bayfront beaches. Open floor plan that flows on to the front patio for that indoor outdoor feel. Dining area will accommodate a large dining room set and also a separate dining area for a more casual meal. Chef’s kitchen features fantastic countertops, superb cabinetry, double oven, 4 burner Chef's stove, and massive island. Plenty of space in this large master bedroom with adorable window set built in with ample storage underneath. Nice relaxing balcony to enjoy the morning sun. The inviting spa like master bathroom with a soaking tub and large walk-in shower is connected to great walk-in closet. Pleasant upstairs den can be utilized for many different uses. Finished two car garage and also an outside space to house the Balboa Island toys including the island golf cart, SUP’s and kayaks if needed.

Last Agent to Sell the Property

Jake Klohs

Arbor Real Estate License #01065508 Listed on: 08/20/2018

Arbor Real Estate

Last Buyer's Agent

Mary Hardesty

Mary Hardesty Realty License #00396726

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,285

Year Built

  • Built in 2003

Lot Details

  • 2,550 Sq Ft Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • 2,355 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Loft
  • Wood Flooring
  • City Lights Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Schools

  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Overhead Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 31 / 14
  • Tax Tract Number 101
  • Assessor Parcel Number 05008317

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,285

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05008317
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2355.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1157.11
  • Room Type: All Bedrooms Up, Den, Kitchen, Laundry, Loft, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Clapboard, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Free-Standing Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front, Utilities - Overhead
  • 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: 14
  • Tax Census Tract: 630.06
  • Tax Lot: 31
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jan 7, 2020
Sold by
Parry Jane L and Neal V And Jane L Parry Trust
Bought by
Crabtree Sheila and Sheila Crabtree Revocable Trus
Seller's Agent
Jake Klohs
Arbor Real Estate
Buyer's Agent
Mary Hardesty
Mary Hardesty Realty
List Price
$3,325,000
Sold Price
$2,725,000
Premium/Discount to List
-$600,000
-18.05%
Current Estimated Value
$4,727,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,002,608
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Jul 10, 2008
Sold by
Parry Neal V and Parry Jane L
Bought by
Parry Neal and Parry Jane L

Purchase Details

Closed on
Feb 3, 2006
Sold by
Milano Thomas J
Bought by
Parry Neal and Parry Jane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2004
Sold by
Milano Thomas J
Bought by
Milano Thomas J and Milano Living Trust

Purchase Details

Closed on
Dec 3, 2003
Sold by
Milano Sheila I
Bought by
Milano Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Lippnik Eugene J and Lippnik Karen M
Bought by
Milano Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2001
Sold by
Mathews Richard Hays and Healy Otis M
Bought by
Lippnik Eugene J and Lippnik Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
8.21%
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
Crabtree Sheila $2,725,000 Chicago Title Company
Parry Neal -- None Available
Parry Neal $2,825,000 Southland Title Corporation
Milano Thomas J -- --
Milano Thomas J -- Equity Title Company
Milano Thomas J $2,125,000 Equity Title Company
Lippnik Eugene J $766,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parry Jane L $800,000
Previous Owner Parry Jane L $800,000
Previous Owner Parry Jane L $500,000
Previous Owner Parry Jane L $800,000
Previous Owner Parry Jane L $800,000
Previous Owner Parry Jane L $800,000
Previous Owner Parry Neal $800,000
Previous Owner Milano Thomas J $400,000
Previous Owner Milano Thomas J $1,487,500
Previous Owner Lippnik Eugene J $1,436,250
Previous Owner Lippnik Eugene J $612,000
Closed Milano Thomas J $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $2,725,000 -8.6% $1,157 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
08/26/2019 08/26/19 Price Changed $2,980,000 -3.9% $1,265 / Sq Ft
11/01/2018 11/01/18 Price Changed $3,100,000 -5.3% $1,316 / Sq Ft
10/26/2018 10/26/18 Price Changed $3,275,000 -1.5% $1,391 / Sq Ft
08/20/2018 08/20/18 For Sale $3,325,000 -- $1,412 / 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
2025 $31,285 $2,980,183 $2,565,410 $414,773
2024 $31,285 $2,921,749 $2,515,108 $406,641
2023 $30,551 $2,864,460 $2,465,792 $398,668
2022 $30,044 $2,808,295 $2,417,444 $390,851
2021 $29,469 $2,753,231 $2,370,043 $383,188
2020 $37,662 $3,530,031 $3,113,800 $416,231
2019 $36,880 $3,460,815 $3,052,745 $408,070
2018 $36,145 $3,392,956 $2,992,887 $400,069
2017 $30,284 $2,830,500 $2,490,735 $339,765
2016 $30,186 $2,830,500 $2,490,735 $339,765
2015 $30,351 $2,830,500 $2,490,735 $339,765
2014 $30,219 $2,830,500 $2,490,735 $339,765
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18203129

California Regional Multiple Listing Service (CRMLS)

APN: 050-083-17