$3,850,000
SOLD JUL 20, 2021
3 Beds
2.5 Baths
2,139 Sq Ft
2,550 Sq Ft Lot

Recently Sold

$1,800 Per Sq Ft

14% Below List Price

64 Days on Market

Highlights

  • Private Dock Site
  • Home fronts a seawall
  • Rooftop Deck
  • Abraham Lincoln Elementary School Rated A
  • Roof Top Spa
  • Sauna

About This Home

As of July 2021

This ultra-soft Contemporary Balboa Island 3 bedroom bay front home was designed by renowned architect, Fred M. Briggs. Who has brought his trademark style to this home blending a limited amount of simple functional materials, contrasting limestone, teak, concrete, steel and walls of glass with a Michael Bondi metal staircase, Wrightian principals and the simplicity, fine detail and scale of Japanese design. One enters this home through pivoting glass doors into its living room shrouded in floor to ceiling curved glass walls, viewing the well designed Siematic kitchen, to enjoying the master suite with its Shoji screen doors, embankment wall of teak built-ins and round glass enclosed shower, to its expanded roof top deck with built-in serving area, refrigerator, icemaker, drawers, fire table and jacuzzi. Step out from the living area to waterfront patio and the special feel of this unique property. Enjoy your private dock and the proximation to all the fun of Balboa Island.

Last Agent to Sell the Property

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 04/09/2021

Pacific Sotheby's Int'l Realty

Co-Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Last Buyer's Agent

Steve High

Pacific Sotheby’s International Realty License #00936421

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,176

Year Built

  • Built in 1991

Lot Details

  • 2,550 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Fenced
  • Stucco Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard Sprinklers
  • Property is zoned R1

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Water
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Copper Plumbing
  • Plaster

Interior Spaces

  • 2,139 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Tinted Windows
  • Custom Window Coverings
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • L-Shaped Dining Room
  • Sauna
  • Stone Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Jack-and-Jill Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Outdoor Features

  • Roof Top Spa
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Rooftop Deck
  • Patio

Location

  • Property is near public transit
  • Suburban Location

Schools

  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 14
  • Tax Tract Number 102
  • Assessor Parcel Number 05015141

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,176

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05015141
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2139.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Partially Furnished, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Dining Ell
  • Fireplace Features: Master Bedroom, Gas Starter, Great Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1799.91
  • Room Type: All Bedrooms Up, Entry, Galley Kitchen, Kitchen, Master Bathroom, Master Bedroom, Sauna
  • Spa Features: Roof Top
  • Window Features: Custom Covering, Tinted Windows
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Vanity Area, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Dock Private
  • View: Neighborhood, Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Gas Oven, Gas Range, Range Hood, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, 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: Biking, Curbs, Sidewalks, Suburban

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Near Public Transit, Sprinklers In Front
  • 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 In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Includes Dock, Navigable Water, Ocean Side of Freeway, Ocean Side Of Highway 1, Seawall

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 630.06
  • Tax Lot: 27
  • Tax Tract Number: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Sommerhaus Trust
Bought by
Btc Trust and Pangaea Properties Trust
Current Estimated Value
$5,472,964

Purchase Details

Closed on
Aug 23, 2023
Sold by
Pangaea Properties Trust
Bought by
Sommerhaus Holdings Llc

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 25, 2021
Sold by
Gannon Daniel J and Gannon Tamar G
Bought by
Berglund Keith W and Sommerhaus Trust
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Steve High
Pacific Sotheby’s International Realty
List Price
$4,495,000
Sold Price
$3,850,000
Premium/Discount to List
-$645,000
-14.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%

Purchase Details

Closed on
May 1, 2020
Sold by
Gannon Daniel and Gannon Tammy
Bought by
Gannon Daniel J and Gannon Tamar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2015
Closed on
Aug 27, 2015
Sold by
Poleshuk Stephen R and Poleshuk Lori King
Bought by
Gannon Daniel and Gannon Tammy
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Jones
Pacific Home Brokers
List Price
$3,200,000
Sold Price
$2,500,000
Premium/Discount to List
-$700,000
-21.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jul 7, 2010
Sold by
Goodin Norman C and Goodin Penelope Fay
Bought by
Poleshuk Stephen R and Poleshuk Lori King

Purchase Details

Closed on
May 24, 2005
Sold by
Goodin Norman C and Goodin Penelope F
Bought by
Goodin Norman C and Goodin Penelope Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 27, 2005
Sold by
Stull Rachel E
Bought by
Goodin Norman C and Goodin Penelope F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 10, 2004
Sold by
Stull James G and Stull Rachel H
Bought by
Stull James G and James G Stull Living Trust

Purchase Details

Closed on
Feb 24, 1994
Sold by
Oneil Barry P and Oneil Ann Hafey
Bought by
Stull James G and Stull Rachel H
Source: Public Records

Similar Homes in Newport Beach, CA

  • 121 Onyx Ave, Newport Beach, CA 92662

    $3,395,000

    • 3 Beds
    • 3 Baths
    • 1,975 Sq Ft
    • 121 Onyx Ave
    • Newport Beach, CA

    Wonderful Balboa Island Mid-Century Cottage in the 100 block of Onyx, one block to the Village Center, on a quiet one-way street steps from the South Bayfront. The first level showcases a living room with brick fireplace, kitchen and dining areas opening to a side patio, and a rare first floor bedroom with adjacent bath. The second level showcases a huge primary bedroom suite with fireplace

    Don Abrams Abrams Coastal Properties

    Section Image
  • 316 Diamond Ave, Newport Beach, CA 92662

    $4,495,000

    • 3 Beds
    • 3.5 Baths
    • 2,078 Sq Ft
    • 316 Diamond Ave
    • Newport Beach, CA

    The charm of yesteryear with the conveniences of today awaits at enchanted 316 Diamond Avenue on Balboa Island, just steps to the North Bayfront and Ruby Beach. The home is approached through the sunny Bay-view front patio with vibrant landscaping and French doors or via the formal Dutch door. The first level of this beautiful 3 bedroom, 3.5 bath home has oak floors, living room with fireplace,

    Don Abrams Abrams Coastal Properties

    Section Image
  • 1113 W Balboa Blvd, Newport Beach, CA 92661

    $3,945,000

    • 6 Beds
    • 4 Baths
    • 2,100 Sq Ft
    • 1113 W Balboa Blvd
    • Newport Beach, CA

    What a dream come true to own one of the best locations on the Balboa Peninsula and a property that has TWO ACTIVE SHORT TERM LODGING PERMITS. This duplex is situated between the Newport and Balboa Piers, just one house from the ocean and just a short block away from the Balboa Bay! 1113 W. Balboa has a fabulously large lot...31 X 103... can suite many buyers needs. Property is zoned R2 Single..

    Drew D'Angelo Kase Real Estate

    Section Image
  • 2443 Windward Ln, Newport Beach, CA 92660

    $3,495,000

    • 5 Beds
    • 3.5 Baths
    • 3,884 Sq Ft
    • 2443 Windward Ln
    • Newport Beach, CA

    Welcome to 2443 Windward Lane a spacious and stylish Mid-Century modern home nestled in one of Newport Beach’s most desirable neighborhoods. With 5 bedrooms, 3.5 baths, and approximately 3,884 square feet of living space on a 9,454 square foot lot, this thoughtfully designed residence offers a perfect balance of comfort, function, and timeless design. Highlights include a dedicated home office

    Keven Stirdivant Kase Real Estate

    Section Image
  • 2516 Vista Baya, Newport Beach, CA 92660

    $3,995,000

    • 3 Beds
    • 2.5 Baths
    • 2,202 Sq Ft
    • 2516 Vista Baya
    • Newport Beach, CA

    Tucked away at the end of a quiet cul-de-sac in the coveted Upper Newport Bay neighborhood, this beautifully upgraded single-level home offers 3 bedrooms, 2.5 bathrooms, and 2,202 square feet of thoughtfully designed living space. Set on a rare 17,160-square-foot fully usable lot, the property is surrounded by mature trees and lush landscaping, creating a private and peaceful retreat. Highlights

    Keven Stirdivant Kase Real Estate

    Section Image
  • 2233 Heather Ln, Newport Beach, CA 92660

    $2,995,000

    • 3 Beds
    • 3 Baths
    • 2,061 Sq Ft
    • 2233 Heather Ln
    • Newport Beach, CA

    Once In A Generation!! Right now you have the rare opportunity to own one of just 19 lakefront homes built surrounding a true sanctuary tucked away in the exclusive enclave (that even most local residents don't know exists) Cherry Lake, Newport Beach.Perfectly positioned at the “50-yard line” of the lake, this single-level ranch-style home sits on one of the very best lots on the entire

    Keven Stirdivant Kase Real Estate

    Section Image
  • 202 Onyx Ave, Newport Beach, CA 92662

    $2,999,900

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 202 Onyx Ave
    • Newport Beach, CA

    LOWEST PRICE HOME ON BALBOA ISLAND. Single Level 2 bedroom 2 bath home. Property has City of Newport Beach Short Term Rental License which is transferable. Newly remodeled and upgraded. Wonderful kitchen with new appliances and counters plus a spacious great room which opens to a large private back patio which allows for both indoor and outdoor entertainment. Cozy front yard to enjoy and relax.

    JEFFREY STEARMAN Keller Williams OC Coastal Realty

    Section Image
  • 1103 Balboa Ave, Newport Beach, CA 92662

    $4,495,000

    • 4 Beds
    • 3.5 Baths
    • 2,400 Sq Ft
    • 1103 Balboa Ave
    • Newport Beach, CA

    Experience the best of coastal living in this newly renovated corner residence on coveted Balboa Island. Featuring 3 bedrooms, 3 bathrooms, and 2,042 square feet of refined interior space, this home seamlessly combines timeless island charm with elevated contemporary design.Step inside to a sun-filled open floor plan with high-end finishes throughout. The gourmet kitchen is a true

    Milaad Forootan Titan Pacific Group Inc

    Section Image
  • 308 Coral Ave, Newport Beach, CA 92662

    $3,250,000

    • 3 Beds
    • 2 Baths
    • 1,390 Sq Ft
    • 308 Coral Ave
    • Newport Beach, CA

    Charming Original Balboa Island Cottage – First Time Available in 65+ YearsWelcome to 308 Coral Avenue, a rare opportunity to own an original Balboa Island cottage that has been lovingly held by the same family for over six decades. This 3-bedroom, 2-bathroom home sits on a standard interior lot in one of the most desirable coastal communities in Southern California.Featuring classic

    Mele Brobeck Surterre Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gift Deed -- None Listed On Document
Gift Deed -- None Listed On Document
Grant Deed $3,850,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,500,000 Lawyers Title
Grant Deed $2,300,000 First American Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $2,700,000 Chicago Title Co
Interfamily Deed Transfer -- --
Grant Deed $23,000 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,750,000 New Conventional
Previous Owner $1,750,000 New Conventional
Previous Owner $1,250,000 Adjustable Rate Mortgage/ARM
Previous Owner $324,000 Credit Line Revolving
Previous Owner $1,755,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $3,850,000 -14.3% $1,800 / Sq Ft
04/09/2021 04/09/21 For Sale $4,495,000 +79.8% $2,101 / Sq Ft
09/09/2015 09/09/15 Sold $2,500,000 -16.6% $1,169 / Sq Ft
08/24/2015 08/24/15 Pending -- -- --
08/21/2015 08/21/15 Price Changed $2,999,000 -6.3% $1,402 / Sq Ft
05/27/2015 05/27/15 For Sale $3,200,000 -- $1,496 / 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 $66,176 $6,120,000 $5,696,804 $423,196
2024 $66,176 $6,000,000 $5,585,101 $414,899
2023 $44,105 $3,927,000 $3,550,361 $376,639
2022 $40,862 $3,850,000 $3,480,746 $369,254
2021 $30,281 $2,843,478 $2,460,275 $383,203
2020 $29,991 $2,814,322 $2,435,048 $379,274
2019 $29,368 $2,759,140 $2,387,302 $371,838
2018 $28,782 $2,705,040 $2,340,492 $364,548
2017 $28,272 $2,652,000 $2,294,600 $357,400
2016 $27,636 $2,600,000 $2,249,607 $350,393
2015 $26,225 $2,451,810 $2,088,946 $362,864
2014 $25,606 $2,403,783 $2,048,027 $355,756
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21062427

California Regional Multiple Listing Service (CRMLS)

APN: 050-151-41