NOT LISTED FOR SALE

Estimated Value: $3,817,000 - $6,203,229

4 Beds
2.5 Baths
2,821 Sq Ft
$1,817/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $2,495,000 $884 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $31,973/month

Highlights

  • Fishing
  • Main Floor Primary Bedroom
  • No HOA
  • Abraham Lincoln Elementary School Rated A
  • High Ceiling
  • Beamed Ceilings

About This Home

As of January 2020

Sold before processing. Entered for comp purposes only. Charming oversized home on 45 foot wide lot!

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 01/22/2020

Last Buyer's Agent

Bernice DeVries

Kastell Real Estate Group License #01276952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,396

Year Built

  • Built in 1954

Lot Details

  • 3,825 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Patio Home

Interior Spaces

  • 2,821 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Living Room with Fireplace
  • Dining Room
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 34 / 18
  • Tax Tract Number 101
  • Assessor Parcel Number 05014123

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,396

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05014123
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2821.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 884.44
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing, Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 3825.00
  • Lot Size Acres: 0.0878

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3825.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 630.06
  • Tax Lot: 34
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Schmit John
Bought by
Schmit John E and The Shipwreck Schmitty Trust
Total Days on Market
0
Current Estimated Value
$5,125,807

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 14, 2020
Sold by
Binder Rhonda Sue
Bought by
Binder Rhonda Sue and Rhonda Sue Binder Trust
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Bernice DeVries
Kastell Real Estate Group
List Price
$2,595,000
Sold Price
$2,495,000
Premium/Discount to List
-$100,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$1,746,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2020
Closed on
Dec 31, 2019
Sold by
Miller Mary Elizabeth and Miller James Earl
Bought by
Schmit John and Binder Rhonda Sue
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Bernice DeVries
Kastell Real Estate Group
List Price
$2,595,000
Sold Price
$2,495,000
Premium/Discount to List
-$100,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,746,500
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 1995
Sold by
Miller James E and Miller Yvonne H
Bought by
Miller James E and Miller Yvonne H

Purchase Details

Closed on
Jun 17, 1994
Sold by
Gold Stanley R and Gold Helen J
Bought by
Miller James E and Miller Yvonne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
9.27%
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
Schmit John E -- None Available
Binder Rhonda Sue -- None Available
Schmit John $2,495,000 Lawyers Title Company
Miller James E -- --
Miller James E $816,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhonda Sue Binder Trust $1,660,000
Closed Schmit John $1,746,500
Previous Owner Miller James E $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $2,495,000 -3.9% $884 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $2,595,000 -- $920 / 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 $38,396 $3,618,703 $2,507,120 $1,111,583
2023 $37,571 $3,547,749 $2,457,961 $1,089,788
2022 $34,589 $3,253,602 $2,409,766 $843,836
2021 $25,221 $2,362,516 $2,362,516 $0
2020 $13,480 $1,253,137 $1,088,224 $164,913
2019 $13,203 $1,228,566 $1,066,886 $161,680
2018 $12,940 $1,204,477 $1,045,967 $158,510
2017 $12,710 $1,180,860 $1,025,458 $155,402
2016 $12,425 $1,157,706 $1,005,351 $152,355
2015 $12,306 $1,140,317 $990,250 $150,067
2014 $12,015 $1,117,980 $970,852 $147,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20015159

California Regional Multiple Listing Service (CRMLS)

APN: 050-141-23