320 Collins Ave Newport Beach, CA 92662
Balboa Island Neighborhood
4
Beds
4.5
Baths
4,203
Sq Ft
4,420
Sq Ft Lot
Highlights
- Roof Top Spa
- Wine Cellar
- Rooftop Deck
- Abraham Lincoln Elementary School Rated A
- Home Theater
- 4-minute walk to Balboa Island Park
About This Home
As of December 2020This Balboa Island traditional style home is straight from the pages of House Beautiful magazine which featured the home in its publication as one of its most stylish beach homes. Painstakingly crafted by its current owners and priced well below its land acquisition and building cost, this home is one of the finest ever built in Orange County. Located on an oversized interior corner lot, the home features over 4,200 square feet of living space and includes a spectacular roof top bay view deck with a fireplace and entertainment area; a dramatic and rare interior courtyard with a fireplace that opens to all of the major rooms of the house, a formal living room, formal dining room, a paneled office, family room, bar, bonus room, an island kitchen, butler’s pantry and an elegant master suite with a sitting room and fireplace. The finish materials are the “finest of the fine” and include rare marbles and limestones, mahogany woodwork, leather flooring, oak hardwood floors, custom cabinetry, silk wallpapers, paneling, and much more. All of the fun of Balboa Island: the bay beach, strolling the boardwalk, biking, sailing, swimming and the world famous “Fun Zone” and “Balboa Chocolate Covered Frozen Bananas” are just steps away.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 07/27/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,562
Year Built
- Built in 2008
Lot Details
- 4,420 Sq Ft Lot
- Property fronts an alley
- Fenced
- Fence is in excellent condition
- Corner Lot
- Level Lot
- Irregular Lot
Parking
- 2 Car Direct Access Garage
- Attached Carport
- Parking Storage or Cabinetry
- Parking Available
- Workshop in Garage
- Single Garage Door
- No Driveway
Property Views
- Bay
- Harbor
Home Design
- Custom Home
- Georgian Architecture
- Turnkey
- Slab Foundation
- Slate Roof
- Copper Plumbing
Interior Spaces
- 4,203 Sq Ft Home
- 3-Story Property
- Wired For Sound
- 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
- Home Theater
- Home Office
- 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
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Home Security System
- Smart Home
- Carbon Monoxide Detectors
Outdoor Features
- Roof Top Spa
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Fireplace in Patio
- Stone 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
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 101
- Assessor Parcel Number 05008102
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%
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
$2,551,871
Avg. Annual Appreciation
11.60%
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
Similar Homes in Newport Beach, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,750,000 | Lawyers Title Insurance Co | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $3,835,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $5,325,000 | Chicago Title Co | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $2,395,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,684,500 | New Conventional | |
| Previous Owner | $4,500,000 | New Conventional | |
| Previous Owner | $3,993,750 | Construction | |
| Previous Owner | $1,437,000 | Purchase Money Mortgage | |
| Closed | $463,000 | No Value Available |
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 |
|---|---|---|---|---|
| 2025 | $45,562 | $4,059,120 | $2,520,401 | $1,538,719 |
| 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
Seller's Agent in 2020
Don Abrams
Abrams Coastal Properties
(714) 325-9055
65 in this area
94 Total Sales
-
Ryan Gunderson
R
Seller Co-Listing Agent in 2020
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
68 in this area
104 Total Sales
-
Steve High
Seller's Agent in 2016
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
5 in this area
67 Total Sales
-
Evan Corkett
Seller Co-Listing Agent in 2016
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
4 in this area
43 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: LG16164239
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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