$3,499,000
SOLD SEP 23, 2021
3 Beds
2.5 Baths
2,449 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$1,429 Per Sq Ft

12 Days on Market

Highlights

  • Rooftop Deck
  • Across the Road from Lake or Ocean
  • Custom Home
  • Abraham Lincoln Elementary School Rated A
  • Ocean Side of Highway 1
  • City Lights View

About This Home

As of September 2021

Custom built by Lippnik and Sons in 2000, this light and bright single-family home is located on one of the best streets on the island. Enjoy the conveniently short walk to shops, restaurants, the North Bayfront swim beach, and main entrance of the island. This well-designed spacious home boasts 3 private decks, 3 bedrooms, 3 baths, white oak wood flooring, remodeled bathrooms, recently remodeled kitchen, gorgeous stain glass windows, A/C, skylights, a central vacuum system, and a large entertainer's roof top deck with views overlooking the island. The main level is an open floorplan with a great room, fireplace, dining area, and gourmet kitchen opening out onto a front patio. The dining room off the kitchen is bright with new cabinets, custom built in fridge, vaulted ceilings and much more. The second level has an over-sized master suite with high ceilings, fireplace, balcony, walk-in closet, and lavish bathroom with tub and separate shower. The 2nd floor contains 2 more bedrooms plus a large den to accommodate 2 bunks beds. The third level boasts another office/den and the large rooftop deck with city light views. Other features include an outdoor shower, double gate, two car garage, plus a small third car/golf cart carport. The property has a short-term lodging permit in place and has been a successful short-term rental for quite some time.

Last Agent to Sell the Property

Artie Dorr

Balboa Realty License #01899740 Listed on: 08/28/2021

Co-Listed By

Alex Batley

Balboa Realty License #01365952

Last Buyer's Agent

Jason Karger

Regency Real Estate Brokers License #01858102

Regency Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,177

Year Built

  • Built in 2000

Lot Details

  • 2,550 Sq Ft Lot
  • Vinyl Fence
  • Fence is in excellent condition
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • 1 Open Parking Space
  • Detached Carport Space
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Golf Cart Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,449 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Double Pane Windows
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Room
  • Bonus Room
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 30 / 18
  • Tax Tract Number 101
  • Assessor Parcel Number 05014126
  • $360 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,177

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 949-500-9832
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cape Cod, Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05014126
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2449.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Granite Counters, High Ceilings, Storage
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Family Kitchen, In Family Room, Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1428.75
  • Room Type: All Bedrooms Up, Bonus Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, Vinyl
  • Patio And Porch Features: Deck, Patio, Front Porch, Roof Top
  • Pool Private: No
  • Roof: Other
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Direct Garage Access, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Golf Cart Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Refrigerator, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

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: Level with Street, Paved
  • 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
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 630.06
  • Tax Lot: 30
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Sep 20, 2021
Sold by
Ingrid C Bruder Separate Property Trust and Bruder Ingrid C
Bought by
Lyon Trust and Lyon
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
Jason Karger
Regency Real Estate Brokers
List Price
$3,499,000
Sold Price
$3,499,000
Current Estimated Value
$5,018,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,519,036
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
Dec 13, 2015
Sold by
Bruder Ingrid C
Bought by
Bruder Ingrid C and Ingrid C Bruder Property Trust

Purchase Details

Closed on
Nov 27, 2015
Sold by
Carlson Lennart
Bought by
Bruder Ingrid C

Purchase Details

Closed on
Sep 20, 2012
Sold by
Bruder Ingrid C
Bought by
Bruder Ingrid C and Ingrid C Bruder Separate Property Trust

Purchase Details

Closed on
Feb 15, 2012
Sold by
Carlson Lennart
Bought by
Bruder Ingrid C

Purchase Details

Closed on
Jun 13, 2000
Sold by
Donald Davis and Donald Eugene Lippnik
Bought by
Carlson Lennart and Carlson Judith A

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
7.75%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Carpentier Patricia R
Bought by
Davis Donald G and Lippnik Eugene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.1%
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 Type Sale Price Title Company
Grant Deed $3,413,500 First American Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,469,000 First American Title Ins Co
Grant Deed $550,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $800,000 No Value Available
Previous Owner $440,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Rented $18,000 0.0% --
09/14/2022 09/14/22 For Rent $18,000 0.0% --
09/23/2021 09/23/21 Sold $3,499,000 0.0% $1,429 / Sq Ft
08/28/2021 08/28/21 For Sale $3,499,000 -- $1,429 / 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 $40,177 $3,599,616 $2,808,040 $791,576
2024 $40,177 $3,529,036 $2,752,981 $776,055
2023 $39,208 $3,459,840 $2,699,001 $760,839
2022 $36,045 $3,392,000 $2,646,079 $745,921
2021 $21,544 $2,013,030 $1,263,289 $749,741
2020 $21,337 $1,992,389 $1,250,335 $742,054
2019 $20,896 $1,953,323 $1,225,819 $727,504
2018 $20,480 $1,915,023 $1,201,783 $713,240
2017 $20,118 $1,877,474 $1,178,219 $699,255
2016 $19,666 $1,810,300 $1,127,421 $682,879
2015 $19,165 $1,783,108 $1,110,486 $672,622
2014 $18,714 $1,748,180 $1,088,733 $659,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21189087

California Regional Multiple Listing Service (CRMLS)

APN: 050-141-26