NOT LISTED FOR SALE

Estimated Value: $5,167,000 - $8,470,000

3 Beds
3 Baths
2,491 Sq Ft
$2,624/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $4,530,000 $1,819 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $41,675/month

Highlights

  • Beach Front
  • Golf Course Community
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Wine Cellar
  • 3-minute walk to Balboa Island Park

About This Home

As of January 2021

Sold before listing in MLS. Entered for comp purposes only. Great Balboa Island corner lot home on North Bayfront and Boardwalk.

Last Agent to Sell the Property

Don Abrams

Abrams Coastal Properties License #01234323 Listed on: 01/15/2021

Co-Listed By

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Last Buyer's Agent

Ryan Gunderson

Arbor Real Estate License #01869795

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,759

Year Built

  • Built in 1990

Lot Details

  • 2,731 Sq Ft Lot
  • Beach Front
  • Property Fronts a Bay or Harbor
  • Property fronts an alley
  • Corner Lot
  • Property is zoned R1.5

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Custom Home
  • Cape Cod Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,491 Sq Ft Home
  • Dual Staircase
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Bay Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Freezer
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 8
  • Tax Tract Number 99
  • Assessor Parcel Number 05003101

Community Details

Overview

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,759

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Cape Cod, Custom Built, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05003101
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2491.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1818.55
  • Room Type: Den, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Bay
  • Fence: No
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Park, Watersports, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2731.00
  • Lot Size Acres: 0.0627

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2731.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Front

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 630.06
  • Tax Lot: 6
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Hodge Lyman Linley and Lyman Family Trust
Bought by
Lyman Family Trust and Lyman
Total Days on Market
0
Current Estimated Value
$6,536,971

Purchase Details

Closed on
Aug 26, 2021
Sold by
Lyman Family Trust
Bought by
Lyman Family Partnershp

Purchase Details

Closed on
May 27, 2021
Sold by
Lyman Family Partnership
Bought by
Lyman C Bradley C and Lyman Linley Hodge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2021
Closed on
Dec 22, 2020
Sold by
Heck Jo Ellen and Clark Ronald
Bought by
Lyman Family Partnership Lp
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$4,995,000
Sold Price
$4,530,000
Premium/Discount to List
-$465,000
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Jan 15, 2021
Closed on
Dec 21, 2020
Sold by
Forest Grove Capital Llc
Bought by
Heck Jo Ellen and Clark Ronald
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$4,995,000
Sold Price
$4,530,000
Premium/Discount to List
-$465,000
-9.31%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lyman Family Trust -- None Listed On Document
Lyman Family Trust -- None Listed On Document
Lyman Family Partnershp -- Fidelity National Title
Lyman C Bradley C -- Old Republic Title
Lyman Family Partnership Lp $4,530,000 Lawyers Title Insurance Co
Heck Jo Ellen -- Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyman C Bradley C $300,000
Previous Owner Northrup Jack A $120,000
Previous Owner Northrup Jack A $900,000
Previous Owner Northrup Jack A $1,075,000
Previous Owner Northrup Jack A $0
Previous Owner Northrup Jack A $0
Previous Owner Northrup Jack A $250,000
Previous Owner Northrup Jack A $600,000
Previous Owner Northrup Jack A $560,000
Previous Owner Northrup Jack A $200,000
Previous Owner Northrup Jack A $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $4,530,000 -9.3% $1,819 / Sq Ft
01/15/2021 01/15/21 For Sale $4,995,000 -- $2,005 / Sq Ft
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 $59,759 $5,465,091 $4,577,760 $887,331
2023 $56,683 $5,194,136 $4,488,000 $706,136
2022 $50,804 $4,620,600 $4,191,993 $428,607
2021 $49,863 $4,530,000 $4,114,360 $415,640
2020 $19,363 $1,811,866 $1,359,288 $452,578
2019 $18,962 $1,776,340 $1,332,636 $443,704
2018 $18,583 $1,741,510 $1,306,506 $435,004
2017 $18,253 $1,707,363 $1,280,888 $426,475
2016 $17,842 $1,673,886 $1,255,773 $418,113
2015 $17,673 $1,648,743 $1,236,910 $411,833
2014 $17,255 $1,616,447 $1,212,681 $403,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20260537

California Regional Multiple Listing Service (CRMLS)

APN: 050-031-01