NOT LISTED FOR SALE

Estimated Value: $24,900,154

5 Beds
7 Baths
5,083 Sq Ft
$4,899/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $21,915,000 $4,311 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $149,360/month

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 2022

Inputted for comparable purposes only.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 12/27/2022

Coldwell Banker Realty

Co-Listed By

Don Abrams

Abrams Coastal Properties License #01234323

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 12/27/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $206,580

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$206,580

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Little Island (BALL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05020101
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5083.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4311.43
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Bay, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5250.00
  • Lot Size Acres: 0.1205

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5250.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.06
  • Tax Lot: 14
  • Tax Tract Number: 742
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$24,900,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.61%
Mortgage Type
Unknown

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
Source: Public Records

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Range of Values:

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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
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
Open Olson Robert D $5,750,000
Closed Olson Robert D $1,250,000
Closed Olson Robert D $5,750,000
Closed Olson Robert D $1,750,000
Closed Olson Robert D $750,000
Closed Olson Robert D $2,915,000
Closed Olson Robert D $0
Closed Olson Robert D $3,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22260005

California Regional Multiple Listing Service (CRMLS)

APN: 050-201-01