NOT LISTED FOR SALE

Estimated Value: $5,367,000 - $6,060,000

3 Beds
4.5 Baths
2,335 Sq Ft
$2,419/Sq Ft Est. Value

Last Sold August 12, 2015

Last sale price $3,390,000 $1,452 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $32,964/month

28 Days on Market

Highlights

  • Beach Access
  • Built in 2015 | Newly Remodeled
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Bay View
  • Open Floorplan

About This Home

As of August 2015

Exquisite brand new 3-story, Nantucket custom home located on one of Balboa Island's most prestigious and coveted streets, perfect for entertaining. Quality built by Devco Homes. Projected completion date by Summer 2015. Panoramic views of Newport Coast, Fashion Island, North Bay, and the Pavilion. Peaceful and inviting location, steps away from a play beach. Chef's gourmet kitchen includes an over-sized island with seating, 48" Wolfe dual fuel stove, Sub-Zero refrigerator, honed marble countertops, and separate wine refrigerator. Family room features re-claimed wood beams and fireplace.
The second level includes an additional family/bonus room, two bedrooms complete with built-ins, and a tranquil master suite with a large walk-in closet and fireplace. Luxurious bath and laundry room. French doors open into an outside covered balcony. Three-story elevator can conveniently transport you and your guests to the private, over-sized roof deck with built-in seating and outdoor kitchenette. Additional amenities: 7" French white oak hardwood floor, Walker Zanger tile and stone, and extra covered side parking. A Nantucket architectural "gem" not to be missed.

Last Agent to Sell the Property

Holly Deverian

Keller Williams Newport Estates License #01949181 Listed on: 06/09/2015

Keller Williams Newport Estates

Last Buyer's Agent

Arthur Jeppe

Compass License #01951274

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 2,550 Sq Ft Lot
  • Property fronts an alley
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Composition Roof
  • Asphalt Roof
  • Wood Siding
  • Vertical Siding
  • Shingle Siding

Interior Spaces

  • 2,335 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Double Pane Windows
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Kitchenette
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Beach Access
  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 10 / 13
  • Assessor Parcel Number 05008232

Home Details

Home Type

Single Family

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Cape Cod
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05008232
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2335.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Elevator, Open Floorplan, Pantry, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen, Separated
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1451.82
  • Room Type: All Bedrooms Up, Family Room, Master Suite, Walk-In Pantry
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchenette, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Bay, City Lights, Panoramic
  • Pool Private: No
  • Roof: Asphalt, Composition
  • Spa: No
  • Construction Materials: Shingle Siding, Vertical Siding, Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central, Natural Gas
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 1329.41
  • 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: 13
  • Tax Lot: 10
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 15, 2015
Sold by
Kinosian Aram
Bought by
Gilmour Deborah Pollard and Deborah Pollard Gilmour Trust
Seller's Agent
Holly Deverian
Keller Williams Newport Estates
Buyer's Agent
Arthur Jeppe
Compass
List Price
$3,495,000
Sold Price
$3,390,000
Premium/Discount to List
-$105,000
-3%
Current Estimated Value
$5,647,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,257,616
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Kinosian Sheila J
Bought by
Kinosian Aram

Purchase Details

Closed on
Apr 30, 2008
Sold by
Barden Ruth S
Bought by
Barden Ruth and The Ruth Barden Living Trust

Purchase Details

Closed on
Aug 14, 1996
Sold by
Barden Ruth S
Bought by
Barden Ruth S and The Ruth Barden Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilmour Deborah Pollard $3,370,000 First American Title Company
Kinosian Aram -- First American Title Company
Kinosian Aram $1,525,000 First American Title Company
Barden Ruth -- None Available
Barden Ruth S -- Gateway Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2015 08/12/15 Sold $3,390,000 -3.0% $1,452 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $3,495,000 -- $1,497 / 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 $41,547 $3,989,394 $3,241,202 $748,192
2024 $41,547 $3,911,171 $3,177,649 $733,522
2023 $40,577 $3,834,482 $3,115,342 $719,140
2022 $39,908 $3,759,297 $3,054,257 $705,040
2021 $39,141 $3,685,586 $2,994,370 $691,216
2020 $38,766 $3,647,795 $2,963,666 $684,129
2019 $37,958 $3,576,270 $2,905,555 $670,715
2018 $37,200 $3,506,148 $2,848,584 $657,564
2017 $36,541 $3,437,400 $2,792,729 $644,671
2016 $35,717 $3,370,000 $2,737,969 $632,031
2015 $18,838 $1,752,123 $1,520,471 $231,652
2014 $16,007 $1,490,688 $1,490,688 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15124490

California Regional Multiple Listing Service (CRMLS)

APN: 050-082-32