Seller's Agent in 2022
Tim Smith
Coldwell Banker Realty
(949) 478-2295
5 in this area
675 Total Sales
351 E Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $25,018,920
5
Beds
7
Baths
5,083
Sq Ft
$4,922/Sq Ft
Est. Value
Highlights
- Bay View
- 0.12 Acre Lot
- No HOA
- Abraham Lincoln Elementary School Rated A
- Corner Lot
- 3 Car Attached Garage
About This Home
As of December 2022Inputted for comparable purposes only.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 12/27/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1950
Lot Details
- 5,250 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Attached Garage
Interior Spaces
- 5,083 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Bay Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Utilities
- Central Air
Community Details
- No Home Owners Association
- Balboa Island Little Island Subdivision
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 742
- Assessor Parcel Number 05020101
- $369 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2022
Sold by
Robert D Olson Separate Property Trust
Bought by
Jeffrey S Moorad Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Interest Rate
2.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2003
Sold by
Olson Robert D
Bought by
Olson Robert D and The Robert D Olson Separate Property Tr
Purchase Details
Closed on
Mar 14, 2003
Sold by
Foster Gladyce L
Bought by
Olson Robert D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
5.6%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 15, 2000
Sold by
Dixon Family Ltd Partnership #1
Bought by
Foster Gladyce L and The Gladyce L Foster Revocable Trust
Purchase Details
Closed on
Oct 21, 1999
Sold by
Dixon Gary W and Racine Judith Lynn
Bought by
Dixon Family Ltd Partnership #1
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 |
|---|---|---|---|
| Jeffrey S Moorad Living Trust | $21,915,000 | Fidelity National Title | |
| Olson Robert D | -- | -- | |
| Olson Robert D | -- | -- | |
| Foster Gladyce L | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Dixon Family Ltd Partnership #1 | -- | -- | |
| Porter Virginia Elaine | -- | -- | |
| Dixon Ronald G | -- | -- | |
| Dixon Kenneth W | -- | -- | |
| Rosan Gail Ann | -- | -- | |
| Racine Judith Lynn | -- | -- | |
| Dixon Gary W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jeffrey S Moorad Living Trust | $11,000,000 | |
| Previous Owner | Olson Robert D | $3,700,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/28/2022 12/28/22 | Sold | $21,915,000 | 0.0% | $4,311 / Sq Ft |
| 12/27/2022 12/27/22 | For Sale | $21,915,000 | -- | $4,311 / Sq Ft |
| 12/20/2022 12/20/22 | Pending | -- | -- | -- |
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 | $206,580 | $19,994,679 | $17,932,628 | $2,062,051 |
| 2024 | $206,580 | $19,602,627 | $17,581,008 | $2,021,619 |
| 2023 | $201,772 | $19,218,262 | $17,236,282 | $1,981,980 |
| 2022 | $73,025 | $6,915,097 | $5,481,054 | $1,434,043 |
| 2021 | $71,620 | $6,779,507 | $5,373,582 | $1,405,925 |
| 2020 | $70,933 | $6,709,992 | $5,318,483 | $1,391,509 |
| 2019 | $69,447 | $6,578,424 | $5,214,199 | $1,364,225 |
| 2018 | $68,056 | $6,449,436 | $5,111,960 | $1,337,476 |
| 2017 | $66,848 | $6,322,977 | $5,011,726 | $1,311,251 |
| 2016 | $65,336 | $6,198,998 | $4,913,457 | $1,285,541 |
| 2015 | $64,726 | $6,105,884 | $4,839,653 | $1,266,231 |
| 2014 | $63,329 | $5,986,279 | $4,744,851 | $1,241,428 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Smith
-
Don Abrams
Seller Co-Listing Agent in 2022
Don Abrams
Abrams Coastal Properties
(714) 325-9055
64 in this area
89 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22260005
APN: 050-201-01
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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