NOT LISTED FOR SALE

Estimated Value: $2,794,000 - $4,100,000

2 Beds
1 Bath
1,012 Sq Ft
$3,222/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $1,249,000 $1,234 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $19,770/month

29 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cottage
  • Abraham Lincoln Elementary School Rated A
  • L-Shaped Dining Room
  • Fireplace

About This Home

As of April 2013

Adorable Balboa Island wood shingled cottage with an apartment over the 2 car garage. Located just half a block from the Main street where you have restaurants and shops. It was originally built in 1930's with gorgeous hardwood floors, large picture windows, a wood burning stone fireplace (recently relined), the kitchen is open to the dining and living rooms and has been redone with butcher block counters and bar. The cottage has two bedrooms, and one full bath. French doors lend a charming touch leading from the living room outdoors to a sweet brick patio. The perfect setting for morning coffee and evening al fresco dining! The gas heat system is four years new and the spacious one bedroom one bath apartment and double garage behind the main house were added nine years ago. It's currently tenant occupied. Easy stroll to the bay.

Last Agent to Sell the Property

Laura Gale

HOM Sotheby's International License #01269394 Listed on: 01/11/2013

Last Buyer's Agent

Laura Gale

HOM Sotheby's International License #01269394 Listed on: 01/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,685

Year Built

  • Built in 1930

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 30x85
  • Redwood Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Cottage

Interior Spaces

  • 1,012 Sq Ft Home
  • Fireplace
  • L-Shaped Dining Room
  • Wood Flooring

Kitchen

  • Convection Oven
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Central Heating
  • Overhead Utilities
  • Sewer Paid

Additional Features

  • Doors swing in
  • Slab Porch or Patio

Listing and Financial Details

  • Legal Lot and Block 25 / 18
  • Tax Tract Number 101
  • Assessor Parcel Number 05014131

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,685

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-500-6418
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island
  • View: No
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05014131
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1012.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Ell
  • Levels: One
  • Price Per Square Foot: 1234.19
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Redwood
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Built-In, Convection Oven, Dishwasher, Gas Cooking, Disposal, Oven, Range, Refrigerator, Cooktop
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Utilities - Overhead
  • 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

Tax Info

  • Tax Block: 18
  • Tax Lot: 25
  • Tax Tract Number: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Mayberry Jerry Allen and Mayberry Georgette Jean
Bought by
Graves Patrick L and Graves Marilyn L
Current Estimated Value
$3,260,828

Purchase Details

Closed on
Jan 2, 2019
Sold by
Mayberry Georgette Jean
Bought by
Mayberry Jerry Allen and Mayberry Georgette Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2014
Sold by
Grabenhorst Georgette J
Bought by
Grabenhorst Georgette and Grabenhorst Living Trust

Purchase Details

Listed on
Jan 11, 2013
Closed on
Feb 21, 2013
Sold by
Karl Joan A
Bought by
Grabenhorst Georgette J and Arriola Edgar R
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Laura Gale
HOM Sotheby's International
List Price
$1,400,000
Sold Price
$1,249,000
Premium/Discount to List
-$151,000
-10.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$417,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2001
Sold by
Esnard J Adrian and Esnard Kathleen
Bought by
Esnard J Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.21%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 2, 2001
Sold by
Esnard J Adrian and Esnard Kathleen
Bought by
Esnard J Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.21%
Mortgage Type
Stand Alone First
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
Graves Patrick L $2,265,000 Western Resources Title
Mayberry Jerry Allen -- Placer Title Company
Grabenhorst Georgette -- None Available
Grabenhorst Georgette J -- None Available
Grabenhorst Georgette J $1,250,000 Orange Coast Title Company
Esnard J Adrian -- South Coast Title Company
Esnard J Adrian -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayberry Jerry Allen $378,500
Previous Owner Mayberry Jerry Allen $377,000
Previous Owner Grabenhorst Georgette J $417,000
Previous Owner The Joan & C Robert Karl Revocable Trust $399,224
Previous Owner Esnard J Adrian $300,000
Previous Owner Esnard J Adrian $150,000
Previous Owner Esnard J Adrian $200,000
Previous Owner Esnard Adrian J $450,000
Previous Owner Esnard J Adrian $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $1,249,000 -10.8% $1,234 / Sq Ft
01/11/2013 01/11/13 For Sale $1,400,000 -- $1,383 / 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 $25,685 $2,451,708 $2,311,711 $139,997
2024 $25,685 $2,403,636 $2,266,384 $137,252
2023 $25,083 $2,356,506 $2,221,945 $134,561
2022 $24,668 $2,310,300 $2,178,377 $131,923
2021 $1,328 $98,639 $68,156 $30,483
2020 $1,125 $79,646 $67,457 $12,189
2019 $1,181 $78,085 $66,135 $11,950
2018 $1,160 $76,554 $64,838 $11,716
2017 $1,141 $75,053 $63,566 $11,487
2016 $1,120 $73,582 $62,320 $11,262
2015 $1,107 $72,477 $61,384 $11,093
2014 $1,069 $69,833 $60,182 $9,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004874

California Regional Multiple Listing Service (CRMLS)

APN: 050-141-31