Seller's Agent in 2020
Steve High
Pacific Sotheby’s International Realty
(949) 874-4724
8 in this area
70 Total Sales
329 Island Ave Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $2,515,000 - $2,981,981
4
Beds
2
Baths
1,455
Sq Ft
$1,948/Sq Ft
Est. Value
Highlights
- Ocean View
- Open Floorplan
- Wood Flooring
- Newport Elementary School Rated A
- Craftsman Architecture
- Main Floor Bedroom
About This Home
As of June 2020This stylish “1912” California Craftsman Beach Bungalow will “tug at your heart” with its charm and vintage character of yesteryear. Located on historic Island Avenue, one house from Newport Bay and a block to the beach, this Balboa Peninsula home will bring back all of your fondest memories of time spent at the beach. Stylishly remodeled by its current owners with all of “the trimmings” the home is entered through a gleaming red painted front door, from an elevated covered porch, perfect for whiling the day away, reading a good book or greeting passing neighbors. The lower level of the home features a living room with period board and batten siding, a brick fireplace, hardwood floors, a dining area, original “wavy glass” windows, an updated kitchen with glass front cabinetry, stainless steel appliances, a bedroom, office, bath with a clawfoot tub and steam shower, and a handsome laundry with granite countertops. The upstairs of the home features two bedrooms and an abundance of storage. The outside of the home has a built-in barbeque and beach bathroom. All of the fun of Newport Beach is out your door, swimming, sailing, paddleboarding, volleyball, surfing and riding your bike along the boardwalk or heading to the “world famous” Fun Zone for Balboa Bars, a ride on the Ferris Wheel or dining at one of the Peninsula’s great restaurants. The best news is that this stylish home is being offered “turnkey,” almost fully furnished.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #00936421 Listed on: 05/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,815
Year Built
- Built in 1912 | Remodeled
Lot Details
- 2,100 Sq Ft Lot
- Cul-De-Sac
- Wood Fence
Parking
- On-Street Parking
Property Views
- Ocean
- Marina
- Bridge
Home Design
- Craftsman Architecture
- Cottage
- Bungalow
- Composition Roof
- Board and Batten Siding
- Wood Siding
- Shingle Siding
Interior Spaces
- 1,455 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Beamed Ceilings
- Coffered Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Living Room with Attached Deck
- Wood Flooring
- Attic Fan
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Oven
- Built-In Range
- Microwave
- Dishwasher
- Granite Countertops
- Tile Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
- Soaking Tub
- Separate Shower
Outdoor Features
- Patio
- Outdoor Grill
- Front Porch
Utilities
- Natural Gas Connected
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 104 / A
- Tax Tract Number 220
- Assessor Parcel Number 04805234
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2020
Closed on
Jun 16, 2020
Sold by
Maxfield Allen A and Maxfield Karen A
Bought by
Benson Llc
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
John Kelly
Seven Gables Real Estate
List Price
$1,695,000
Sold Price
$1,632,900
Premium/Discount to List
-$62,100
-3.66%
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
$1,202,095
Avg. Annual Appreciation
10.90%
Original Mortgage
$975,000
Outstanding Balance
$871,094
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$1,920,044
Purchase Details
Closed on
Jul 12, 2010
Sold by
Maxfield Allen A
Bought by
Maxfield Allen A and Maxfield Karen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.76%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 14, 2004
Sold by
Maxfield Karen A
Bought by
Maxfield Allen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 1999
Sold by
Allen Maxfield
Bought by
Maxfield Allen A
Purchase Details
Closed on
Sep 17, 1996
Sold by
Bank Lloyds California
Bought by
Maxfield Allen A and Allen A Maxfield Jr Trust
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 |
|---|---|---|---|
| Benson Llc | $1,633,000 | Chicago Title Company | |
| Maxfield Allen A | -- | Multiple | |
| Maxfield Allen A | -- | Fidelity National | |
| Maxfield Allen A | -- | -- | |
| Maxfield Allen A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Benson Llc | $975,000 | |
| Previous Owner | Maxfield Allen A | $600,000 | |
| Previous Owner | Maxfield Allen A | $250,000 | |
| Previous Owner | Maxfield Allen A | $200,000 | |
| Previous Owner | Maxfield Allen A | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2020 06/18/20 | Sold | $1,632,900 | -3.7% | $1,122 / Sq Ft |
| 05/14/2020 05/14/20 | For Sale | $1,695,000 | 0.0% | $1,165 / Sq Ft |
| 08/06/2019 08/06/19 | Rented | $5,950 | 0.0% | -- |
| 06/13/2019 06/13/19 | Price Changed | $5,950 | -4.8% | $4 / Sq Ft |
| 04/15/2019 04/15/19 | Price Changed | $6,250 | -3.8% | $4 / Sq Ft |
| 02/28/2019 02/28/19 | For Rent | $6,500 | 0.0% | -- |
| 04/20/2016 04/20/16 | Rented | $6,500 | +8.3% | -- |
| 02/29/2016 02/29/16 | Price Changed | $6,000 | -25.0% | $4 / Sq Ft |
| 02/24/2016 02/24/16 | For Rent | $8,000 | -- | -- |
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 | $18,815 | $1,785,812 | $1,752,913 | $32,899 |
| 2024 | $18,815 | $1,750,797 | $1,718,543 | $32,254 |
| 2023 | $18,374 | $1,716,468 | $1,684,846 | $31,622 |
| 2022 | $18,068 | $1,682,812 | $1,651,810 | $31,002 |
| 2021 | $17,722 | $1,649,816 | $1,619,421 | $30,395 |
| 2020 | $1,041 | $71,615 | $58,308 | $13,307 |
| 2019 | $1,025 | $70,211 | $57,164 | $13,047 |
| 2018 | $1,006 | $68,835 | $56,043 | $12,792 |
| 2017 | $988 | $67,486 | $54,944 | $12,542 |
| 2016 | $968 | $66,163 | $53,866 | $12,297 |
| 2015 | $1,327 | $65,170 | $53,057 | $12,113 |
| 2014 | $1,383 | $63,894 | $52,018 | $11,876 |
Source: Public Records
Agents Affiliated with this Home
-
Steve High
-
Evan Corkett
Seller Co-Listing Agent in 2020
Evan Corkett
Pacific Sotheby's Int'l Realty
(949) 285-1055
6 in this area
45 Total Sales
-
John Kelly
Buyer's Agent in 2020
John Kelly
Seven Gables Real Estate
(949) 233-5574
61 Total Sales
-
John Daniel
Seller's Agent in 2019
John Daniel
Plus Realty Solutions
(949) 481-7358
31 Total Sales
-
L
Buyer's Agent in 2016
Laura Cowie
Compass
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG20091945
APN: 048-052-34
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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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