NOT LISTED FOR SALE

Estimated Value: $4,629,000 - $5,844,000

3 Beds
3.5 Baths
2,558 Sq Ft
$2,109/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $3,250,000 $1,271 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $30,964/month

8 Days on Market

Highlights

  • Beach Access
  • Rooftop Deck
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • 4-minute walk to Balboa Island Park

About This Home

As of June 2015

Welcome to one of the finest custom homes built to perfection and on the rarely offered 300 block on Balboa Island!!!~ Designed with the collaborative efforts of a team with over 65 combined years of experience (Ian. J. Harrison Architect and Vitarelli Construction) and the eye of homeowners with the intention of being a permanent residence, the quality showcased throughout in the finishes and floorplan highlights are undeniable! Built in 2007, this Cape Cod inspired custom home displays creative maximization of space and natural light and floorplan features including a huge kitchen, "Martha Stewart" multipurpose laundry room, a unique home office off the master suite, and elevator to all 3 levels, a gym, tons of storage and custom built-ins and a roof top deck complete with a mini kitchen, BBQ and fireplace. Impressive finishes complete the impeccable interior design and include extensive use of marble counter finishes throughout, custom hand made cabinetry, Kolbe wood window and doors, Velux skylites, hardwood flooring and more. The location is spectacular as well and is steps away from Ruby Beach, offers bay and city views from the front patio, balcony and roof top and is on the wider "Y" part of the street! It's a dream come true!

Last Agent to Sell the Property

Pegi Dirienzo

Real Broker License #01219774 Listed on: 04/14/2015

Real Broker

Last Buyer's Agent

Marco Baljeu

Compass Real Estate License #01184607

Compass Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,656

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 30x85
  • Property fronts an alley
  • Wood Fence
  • Block Wall Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Bay
  • City Lights

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 2,558 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Double Pane Windows
  • Awning
  • French Doors
  • Panel Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den
  • Home Gym
  • Home Security System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Convection Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Beach Access
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9 / 12
  • Tax Tract Number 101
  • Assessor Parcel Number 05008103

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,656

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: TV's, electronics
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Security System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05008103
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2558.00
  • Interior Amenities: Built-in Features, Balcony, Crown Molding, Copper Plumbing Full, Furnished, High Ceilings, Open Floorplan, Pantry
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1270.52
  • Room Type: All Bedrooms Up, Den, Great Room, Exercise Room, Living Room, Walk-In Pantry, Walk-In Closet
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s), Barbecue Private
  • View: Bay, City Lights, Water
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered, Porch, Front Porch, Roof Top
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved
  • Lot Size: 30x85
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0590

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Block: 12
  • Tax Lot: 9
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Apr 24, 2015
Sold by
Ogilvie Bruce and Ogilvie Esmeralda
Bought by
Leaver Bonnie Reuter and Leaver Trust
Seller's Agent
Pegi Dirienzo
Real Broker
Buyer's Agent
Marco Baljeu
Compass Real Estate
List Price
$3,200,000
Sold Price
$3,250,000
Premium/Discount to List
$50,000
1.56%
Current Estimated Value
$5,395,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,145,601
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,000,000
Outstanding Balance
$778,376
Interest Rate
3.81%
Mortgage Type
Unknown
Estimated Equity
$4,617,225

Purchase Details

Closed on
Aug 17, 2009
Sold by
Barta Bruce J and Barta Jennifer
Bought by
Ogilvie Bruce and Ogilvie Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,484,500
Interest Rate
5.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 11, 2007
Sold by
Barta Bruce J and Barta Jennifer
Bought by
Barta Bruce J and Barta Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2005
Sold by
Speed Christine A
Bought by
Barta Bruce J and Barta Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,362,000
Interest Rate
2.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 5, 2003
Sold by
Speed Robert C
Bought by
Speed Robert C and Robert C Speed Revocable Trust

Purchase Details

Closed on
Apr 27, 1996
Sold by
Louise Speed Mary and Louise Robert C
Bought by
Speed Robert C
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
Leaver Bonnie Reuter $3,250,000 California Title Company
Ogilvie Bruce -- Multiple
Barta Bruce J -- Lsi Title Company
Barta Bruce J -- Lsi Title Company
Barta Bruce J $1,900,000 Equity Title Company
Speed Robert C -- --
Speed Christine A -- --
Speed Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leaver Bonnie Reuter $1,000,000
Closed Leaver Bonnie Reuter $750,000
Previous Owner Ogilvie Bruce $1,387,500
Previous Owner Ogilvie Bruce $1,484,500
Previous Owner Ogilvie Bruce $1,484,500
Previous Owner Barta Bruce J $565,000
Previous Owner Barta Bruce J $2,600,000
Previous Owner Barta Bruce J $1,874,600
Previous Owner Barta Bruce J $565,000
Previous Owner Barta Bruce J $2,145,000
Previous Owner Barta Bruce J $265,000
Previous Owner Barta Bruce J $1,362,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $3,250,000 0.0% $1,271 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
04/17/2015 04/17/15 Price Changed $3,250,000 +1.6% $1,271 / Sq Ft
04/14/2015 04/14/15 For Sale $3,200,000 -- $1,251 / 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 $29,656 $2,843,808 $1,625,041 $1,218,767
2024 $29,656 $2,788,048 $1,593,178 $1,194,870
2023 $28,961 $2,733,381 $1,561,939 $1,171,442
2022 $28,480 $2,679,786 $1,531,313 $1,148,473
2021 $27,933 $2,627,242 $1,501,288 $1,125,954
2020 $27,664 $2,600,303 $1,485,894 $1,114,409
2019 $27,088 $2,549,317 $1,456,759 $1,092,558
2018 $26,546 $2,499,331 $1,428,195 $1,071,136
2017 $26,075 $2,450,325 $1,400,191 $1,050,134
2016 $25,487 $3,299,562 $2,625,535 $674,027
2015 $34,005 $3,188,799 $2,512,808 $675,991
2014 $33,203 $3,126,335 $2,463,585 $662,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15079457

California Regional Multiple Listing Service (CRMLS)

APN: 050-081-03