409 N Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,406,000 - $8,941,000
4
Beds
3.5
Baths
2,169
Sq Ft
$3,053/Sq Ft
Est. Value
Highlights
- Beach Front
- Property has ocean access
- Fishing
- Abraham Lincoln Elementary School Rated A
- Coastline Views
- 3-minute walk to Balboa Island Park
About This Home
As of August 2016An entertainer's dream home, this Spanish influenced luxury retreat features sprawling spaces that flow seamlessly from indoor to outdoor to the dazzling sand bay front. Floor to ceiling windows flood the home with natural light, and the generous patio provides the perfect setting for the unique lifestyle that is Balboa Island.
Immaculately designed, this 4 bedroom/3 1/2 bathroom home includes the upstairs master suite with a commanding water view. The first floor guest suite offers privacy and tiled bath including tub and shower. Other accents include 3 fireplaces, exposed brick details, recessed lighting, ceiling fans throughout and generous storage space.
Parking is abundant with two off-street spaces and also a two car garage. All of this within close proximately of the charming shops, bars and restaurants of Balboa Island.
Last Agent to Sell the Property
Laura Gale
HOM Sotheby's International License #01269394 Listed on: 06/20/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,481
Year Built
- Built in 1974
Lot Details
- 2,731 Sq Ft Lot
- Lot Dimensions are 30x91
- Beach Front
- Home fronts a seawall
- Property Fronts a Bay or Harbor
- Property fronts an alley
- Property is zoned RBI
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Garage Door Opener
- Uncovered Parking
- Parking Lot
Property Views
- Coastline
- Back Bay
- Panoramic
- City Lights
- Hills
Interior Spaces
- 2,169 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Dual Staircase
- Bar
- Beamed Ceilings
- High Ceiling
- Entrance Foyer
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Carpet
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom Retreat
- All Upper Level Bedrooms
- Primary Bedroom Suite
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
- Exterior Lighting
- Outdoor Grill
Additional Features
- Accessible Parking
- Central Heating
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 99
- Assessor Parcel Number 05003102
Community Details
Overview
- No Home Owners Association
Recreation
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2016
Closed on
Jul 12, 2016
Sold by
Spellens Penny Pingree
Bought by
Gunderson David Edward and Gunderson Sheryl L
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$3,850,000
Sold Price
$3,850,000
Total Days on Market
7
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
$2,771,514
Avg. Annual Appreciation
6.59%
Original Mortgage
$3,080,000
Outstanding Balance
$2,497,095
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$4,260,590
Purchase Details
Closed on
May 14, 1996
Sold by
Pingree Lorelei J
Bought by
Pingree Lorelei J and The Balboa Island Residence Trust
Purchase Details
Closed on
May 1, 1996
Sold by
Pingree Hyrum W
Bought by
Pingree Lorelei J
Similar Homes in the area
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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 |
|---|---|---|---|
| Gunderson David Edward | $3,850,000 | First American Title Company | |
| Pingree Lorelei J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gunderson David Edward | $1,420,000 | |
| Open | Gunderson David Edward | $3,080,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2016 08/11/16 | Sold | $3,850,000 | 0.0% | $1,775 / Sq Ft |
| 06/27/2016 06/27/16 | Pending | -- | -- | -- |
| 06/20/2016 06/20/16 | For Sale | $3,850,000 | -- | $1,775 / 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 |
|---|---|---|---|---|
| 2024 | $55,481 | $5,058,557 | $4,186,767 | $871,790 |
| 2023 | $54,221 | $4,959,370 | $4,104,673 | $854,697 |
| 2022 | $53,344 | $4,862,128 | $4,024,189 | $837,939 |
| 2021 | $52,354 | $4,766,793 | $3,945,284 | $821,509 |
| 2020 | $50,033 | $4,717,916 | $3,904,830 | $813,086 |
| 2019 | $44,702 | $4,217,709 | $3,828,264 | $389,445 |
| 2018 | $40,887 | $3,857,050 | $3,753,200 | $103,850 |
| 2017 | $40,885 | $3,850,000 | $3,679,608 | $170,392 |
| 2016 | $7,220 | $654,830 | $528,338 | $126,492 |
| 2015 | $7,151 | $644,994 | $520,402 | $124,592 |
| 2014 | $6,983 | $632,360 | $510,208 | $122,152 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2016
Laura Gale
HOM Sotheby's International
-
Ryan Gunderson
R
Buyer's Agent in 2016
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP16133401
APN: 050-031-02
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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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