Seller's Agent in 2020
Don Abrams
Abrams Coastal Properties
(714) 325-9055
68 in this area
95 Total Sales
320 Collins Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,265,000 - $7,265,000
4
Beds
4.5
Baths
4,203
Sq Ft
$1,456/Sq Ft
Est. Value
Highlights
- Marina
- Home fronts a seawall
- Wine Cellar
- Abraham Lincoln Elementary School Rated A
- Roof Top Spa
- 4-minute walk to Balboa Island Park
About This Home
As of December 2020Extraordinary Balboa Island Estate—One of Islands’ largest homes and lots, one door from the Bayfront on stately Collins Avenue. Sited on nearly a double bay-view lot, this 4200 sf 4 bedroom, 5 bath home is unrivaled in in its appeal. The first level features a great room with floor-to-ceiling windows, chef’s deluxe kitchen with eating bar and butler's panty, office/den and a large media room. Every room opens onto a giant central 3-story courtyard complete with with decorative lanterns and fireplace. The second level comprises 4 bedrooms and baths plus a super-sized entertainment center with built-in bunks. The master suite includes a large sitting room with fireplace, balcony, and spa quality bath. The 3rd level provides a massive roof-deck with awesome views to the Bay. This beautiful coastal home has sustained water damage and is priced near lot value to allow the buyer to restore it to its glory.
Last Agent to Sell the Property
Abrams Coastal Properties License #01234323 Listed on: 11/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,562
Year Built
- Built in 2008
Lot Details
- 4,420 Sq Ft Lot
- Home fronts a seawall
- Corner Lot
- Property is zoned R 1.5
Parking
- 2 Car Attached Garage
- 1 Carport Space
Property Views
- Bay
- Harbor
Home Design
- Slate Roof
- Copper Plumbing
Interior Spaces
- 4,203 Sq Ft Home
- 3-Story Property
- Wired For Data
- Built-In Features
- Bar
- Crown Molding
- Wainscoting
- Beamed Ceilings
- Coffered Ceiling
- Cathedral Ceiling
- Recessed Lighting
- Fireplace With Gas Starter
- Custom Window Coverings
- French Mullion Window
- Casement Windows
- French Doors
- Insulated Doors
- Panel Doors
- Entrance Foyer
- Wine Cellar
- Great Room with Fireplace
- Family Room Off Kitchen
- Dining Room
- Bonus Room
- Storage
Kitchen
- Open to Family Room
- Breakfast Bar
- Double Self-Cleaning Convection Oven
- Electric Oven
- Built-In Range
- Range Hood
- Recirculated Exhaust Fan
- Warming Drawer
- Microwave
- Freezer
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Trash Compactor
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub
Laundry
- Laundry Room
- Laundry on upper level
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Roof Top Spa
- Rooftop Deck
- Fireplace in Patio
- Brick Porch or Patio
- Outdoor Fireplace
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- 220 Volts in Garage
- 220 Volts in Kitchen
- Gas Water Heater
- Water Softener
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 10 / 12
- Tax Tract Number 101
- Assessor Parcel Number 05008102
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Marina
- Park
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2020
Closed on
Nov 24, 2020
Sold by
Samluk Joseph A and Samluk Mimi K
Bought by
320 Collins Llc
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$3,595,000
Sold Price
$3,750,000
Premium/Discount to List
$155,000
4.31%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,371,394
Avg. Annual Appreciation
11.61%
Purchase Details
Listed on
Jul 27, 2016
Closed on
Aug 29, 2016
Sold by
Layton Virginia Mcalester
Bought by
Layton Steven R and Steven R Layton Separate Property Trust
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Mike McKibben
Arbor Real Estate
List Price
$4,700,000
Sold Price
$3,835,000
Premium/Discount to List
-$865,000
-18.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%
Original Mortgage
$2,684,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 27, 2016
Closed on
Aug 23, 2016
Sold by
Layton Steven R
Bought by
Samluk Joseph A and Samluk Mimi K
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Mike McKibben
Arbor Real Estate
List Price
$4,700,000
Sold Price
$3,835,000
Premium/Discount to List
-$865,000
-18.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,684,500
Interest Rate
3.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2015
Sold by
Layton Virginia M
Bought by
Layton Virginia Mcalester and Virginia Mcalester Layton Trust
Purchase Details
Closed on
Jan 20, 2012
Sold by
Layton Steven R
Bought by
Layton Virginia M
Purchase Details
Closed on
Feb 24, 2009
Sold by
Layton Steven R and Layton Virginia M
Bought by
Layton Steven R and Steven R Layton Separate Property Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
5.53%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2008
Sold by
Layton Steven R and Layton Virginia M
Bought by
Layton Steven R and Layton Virginia M
Purchase Details
Closed on
May 14, 2007
Sold by
B & C Collins 320 Llc
Bought by
Layton Steven R and Layton Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,993,750
Interest Rate
7.5%
Mortgage Type
Construction
Purchase Details
Closed on
May 5, 2005
Sold by
Waltos Robert J
Bought by
B & C Collins 320 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,437,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 3, 2005
Sold by
Waltos Carolyn
Bought by
Waltos Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,437,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 19, 2005
Sold by
Langjahr William T
Bought by
Waltos Robert J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,437,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 15, 2004
Sold by
Langjahr William T
Bought by
Langjahr William T and Langjahr Family Trust
Purchase Details
Closed on
Jun 8, 2004
Sold by
Langjahr William T and Langjahr Joseph H
Bought by
Langjahr William T
Purchase Details
Closed on
Jun 2, 2004
Sold by
Langjahr Joseph H and Langjahr Lucinda W
Bought by
Langjahr William T
Purchase Details
Closed on
May 1, 2000
Sold by
Langjahr William T
Bought by
Langjahr Joseph H
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 320 Collins Llc | $3,750,000 | Lawyers Title Insurance Co | |
| Layton Steven R | -- | Chicago Title Company | |
| Samluk Joseph A | $3,835,000 | Chicago Title Company | |
| Layton Virginia Mcalester | -- | None Available | |
| Layton Virginia M | -- | None Available | |
| Layton Steven R | -- | Fidelity National Title Co | |
| Layton Steven R | -- | None Available | |
| Layton Steven R | $5,325,000 | Chicago Title Co | |
| B & C Collins 320 Llc | -- | -- | |
| Waltos Robert J | -- | Equity Title Company | |
| Waltos Robert J | $2,395,000 | Equity Title Company | |
| Langjahr William T | -- | Equity Title Company | |
| Langjahr William T | -- | -- | |
| Langjahr William T | -- | -- | |
| Langjahr Joseph H | -- | -- | |
| Langjahr William T | -- | -- | |
| Langjahr William T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Samluk Joseph A | $2,684,500 | |
| Previous Owner | Layton Steven R | $4,500,000 | |
| Previous Owner | Layton Steven R | $3,993,750 | |
| Previous Owner | Waltos Robert J | $1,437,000 | |
| Closed | Waltos Robert J | $463,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2020 12/17/20 | Sold | $3,750,000 | +4.3% | $892 / Sq Ft |
| 11/17/2020 11/17/20 | Pending | -- | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $3,595,000 | -6.3% | $855 / Sq Ft |
| 10/04/2016 10/04/16 | Sold | $3,835,000 | -18.4% | $912 / Sq Ft |
| 09/14/2016 09/14/16 | Pending | -- | -- | -- |
| 07/27/2016 07/27/16 | For Sale | $4,700,000 | -- | $1,118 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $45,562 | $3,979,530 | $2,470,981 | $1,508,549 |
| 2023 | $44,450 | $3,901,500 | $2,422,530 | $1,478,970 |
| 2022 | $40,599 | $3,825,000 | $2,375,029 | $1,449,971 |
| 2021 | $39,819 | $3,750,000 | $2,328,459 | $1,421,541 |
| 2020 | $29,314 | $2,750,000 | $2,650,000 | $100,000 |
| 2019 | $29,272 | $3,989,934 | $2,720,898 | $1,269,036 |
| 2018 | $41,462 | $3,911,700 | $2,667,547 | $1,244,153 |
| 2017 | $40,727 | $3,835,000 | $2,615,242 | $1,219,758 |
| 2016 | $57,579 | $5,459,963 | $4,137,025 | $1,322,938 |
| 2015 | $57,041 | $5,377,950 | $4,074,883 | $1,303,067 |
| 2014 | $56,801 | $5,377,950 | $4,074,883 | $1,303,067 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Ryan Gunderson
R
Seller Co-Listing Agent in 2020
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
-
Steve High
Seller's Agent in 2016
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
6 in this area
72 Total Sales
-
Evan Corkett
Seller Co-Listing Agent in 2016
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
5 in this area
51 Total Sales
-
Mike McKibben
Buyer's Agent in 2016
Mike McKibben
Arbor Real Estate
(949) 422-3831
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20230222
APN: 050-081-02
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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