Landlord's Agent in 2019
Don Abrams
Abrams Coastal Properties
(714) 325-9055
65 in this area
94 Total Sales
327 Coral Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,474,000 - $5,100,000
4
Beds
3
Baths
2,525
Sq Ft
$1,868/Sq Ft
Est. Value
Highlights
- Bay View
- Primary Bedroom Suite
- Wood Flooring
- Abraham Lincoln Elementary School Rated A
- Cathedral Ceiling
- No HOA
About This Home
As of August 2019Beautiful 4-bedroom home just two doors from the Bay! Situated on one of the Island's most desirable streets and locations, this custom gem offers an impressive elevated entertainer’s front patio with Bay views and beach charm that only Balboa Island can offer. The large first floor offers an exceptional open floor plan with a spacious living room, built-in speaker system, dining area with excellent storage space, gourmet kitchen, laundry, 3/4 bath with shower, and a tranquil private courtyard. The oversized second level offers 4 bedrooms plus an office, and a gorgeous master retreat with vaulted ceilings, spa-like bath, walk-in closet, and balcony with unobstructed views of the Bay. Rarely do homes in this condition, in such a fine location, become available.
Last Agent to Rent the Property
Abrams Coastal Properties License #01234323 Listed on: 06/05/2019
Last Renter's Agent
Stacy Evatt
Compass License #01999895
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,689
Year Built
- Built in 1988
Lot Details
- 2,550 Sq Ft Lot
- Property is zoned R-1-5
Parking
- 2 Car Attached Garage
Home Design
- Patio Home
Interior Spaces
- 2,525 Sq Ft Home
- 1-Story Property
- Built-In Features
- Cathedral Ceiling
- French Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Home Office
- Bay Views
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Double Oven
- Electric Range
- Microwave
- Dishwasher
- Trash Compactor
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Security Deposit $10,000
- Rent includes trash collection
- 12-Month Minimum Lease Term
- Available 6/5/19
- Tax Lot 22
- Tax Tract Number 101
- Assessor Parcel Number 05013233
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2019
Closed on
Jan 23, 2019
Sold by
Peets Terry R and Peets Diane M
Bought by
Burke Pasadena Apartments Inc
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Don Abrams
Abrams Coastal Properties
List Price
$2,795,000
Sold Price
$2,750,000
Premium/Discount to List
-$45,000
-1.61%
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
$1,965,850
Avg. Annual Appreciation
8.68%
Purchase Details
Closed on
Jun 13, 2016
Sold by
Peets Terry R and Peets Diane M
Bought by
Peets Terry R and Peets Diane M
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 |
|---|---|---|---|
| Burke Pasadena Apartments Inc | $2,750,000 | Lawyers Title Company | |
| Peets Terry R | -- | None Available | |
| Peets Terry R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peets Terry R | $100,000 | |
| Previous Owner | Peets Terry R | $475,000 | |
| Previous Owner | Peets Terry R | $480,000 | |
| Previous Owner | Peets Terry R | $1,000,000 | |
| Previous Owner | Peets Terry R | $476,800 | |
| Previous Owner | Peets Terry R | $314,092 | |
| Previous Owner | Peets Terry R | $413,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2019 08/20/19 | Rented | $8,500 | 0.0% | -- |
| 06/05/2019 06/05/19 | For Rent | $8,500 | 0.0% | -- |
| 03/05/2019 03/05/19 | Sold | $2,750,000 | -1.6% | $1,089 / Sq Ft |
| 01/19/2019 01/19/19 | Pending | -- | -- | -- |
| 01/15/2019 01/15/19 | For Sale | $2,795,000 | -- | $1,107 / 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 | $34,689 | $3,067,675 | $2,755,443 | $312,232 |
| 2024 | $34,689 | $3,007,525 | $2,701,415 | $306,110 |
| 2023 | $33,848 | $2,948,554 | $2,648,446 | $300,108 |
| 2022 | $30,772 | $2,890,740 | $2,596,516 | $294,224 |
| 2021 | $30,182 | $2,834,059 | $2,545,604 | $288,455 |
| 2020 | $29,893 | $2,805,000 | $2,519,502 | $285,498 |
| 2019 | $8,944 | $823,481 | $596,687 | $226,794 |
| 2018 | $8,766 | $807,335 | $584,987 | $222,348 |
| 2017 | $8,611 | $791,505 | $573,516 | $217,989 |
| 2016 | $8,418 | $775,986 | $562,271 | $213,715 |
| 2015 | $8,336 | $764,330 | $553,825 | $210,505 |
| 2014 | $8,139 | $749,358 | $542,976 | $206,382 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
S
Tenant's Agent in 2019
Stacy Evatt
Compass
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19125545
APN: 050-132-33
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