NOT LISTED FOR SALE

5 Collins Island Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $6,451,000 - $10,933,768

4 Beds
3.5 Baths
3,635 Sq Ft
$2,359/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $5,925,000 $1,630 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $52,294/month

80 Days on Market

Highlights

  • Marina
  • Private Dock Site
  • Boat Slip
  • Abraham Lincoln Elementary School Rated A
  • Home fronts a seawall
  • 4-minute walk to Balboa Island Park

About This Home

As of July 2015

Rarely does a home become available on exclusive & private Collins Island, one of Newport Harbor's most desired waterfront locations. With Old World elegance & sophistication this French Provincial style 4bed,4 bath, approximately 3650 square foot home has over 50 feet of waterfront with fantastic views of the harbor. Located at the very western tip of Balboa Island this property has a dock that can accommodate 3 vessels, one up to 50+ feet. Completing this is an 18 ft. Schock bay boat & one of only two swimming pools on Balboa Island! The first floor features a large living room, foyer with hardwood Versailles style floors, dining room, powder room,& kitchen with exquisite custom French style wood paneling throughout. 12 foot ceilings and huge windows afford unobstructed panoramas perfect for viewing sunsets and boat parades. The gourmet kitchen offers new Miele ovens, SubZero refrigerator & 5 burner gas cooktop. Granite countertops, wet bar, and indoor grill completes this Chef's dream.

Last Agent to Sell the Property

Art Kleinpell

Berkshire Hathaway HomeService License #01862599 Listed on: 03/20/2015

Last Buyer's Agent

Chris Valli

Surterre Properties Inc. License #00604151

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,986

Year Built

  • Built in 1960

Lot Details

  • 4,094 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property fronts a private road
  • Cul-De-Sac
  • West Facing Home
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Drip System Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Shared Driveway
  • Gated Parking
  • Parking Lot
  • Unassigned Parking

Property Views

  • Bay
  • Harbor
  • Panoramic
  • City Lights
  • Pool

Home Design

  • Custom Home
  • French Architecture
  • Flat Roof Shape
  • Mansard Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Blown-In Insulation
  • Slate Roof
  • Rolled or Hot Mop Roof
  • Asphalt Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Plaster
  • Stucco

Interior Spaces

  • 3,635 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Decorative Fireplace
  • Gas Fireplace
  • Solar Tinted Windows
  • Tinted Windows
  • Plantation Shutters
  • Drapes & Rods
  • Blinds
  • French Mullion Window
  • Stained Glass
  • Wood Frame Window
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Jack-and-Jill Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Alarm System
  • Security Lights
  • Fire and Smoke Detector

Pool

  • Solar Heated Infinity Pool
  • Filtered Pool
  • Gas Heated Pool
  • Gunite Pool
  • Pool Tile
  • Fiberglass Spa

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Balcony
  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater
  • Water Softener
  • Sewer Paid
  • Satellite Dish

Additional Features

  • Solar Water Heater
  • Urban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 1723
  • Assessor Parcel Number 05001011

Community Details

Recreation

  • Marina
  • Fishing

Additional Features

  • No Home Owners Association
  • Laundry Facilities
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,986

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: 18' Schock BayBoat
  • Property Attached: Yes
  • Road Frontage Type: City Street, Private Road
  • Security: Security Lights, Fire and Smoke Detection System, Gated Community, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Balboa Island - Collins Island (BALC)
  • View: Yes
  • Architectural Style: Custom Built, French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05001011
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3635.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Crown Molding, Elevator, Granite Counters, High Ceilings, Copper Plumbing Partial, Pull Down Stairs to Attic, Recessed Lighting, Storage, Unfurnished, Vacuum Central, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors, Mirror Closet Door(s), Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Decorative, Gas, Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 1629.99
  • Room Type: Formal Entry, Foyer, Jack & Jill, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Bath, Fiberglass
  • Window Features: Blinds, Drapes, French/Mullioned, Plantation Shutters, Stained Glass, Shutters, Skylight(s), Solar Tinted Windows, Tinted Windows, Wood Frames

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab, Concrete Perimeter
  • Exterior Features: Boat Slip, Dock Private, Lighting, Rain Gutters, Satellite Dish
  • View: Bay, City Lights, Harbor, Panoramic, Pool, Water
  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Patio And Porch Features: Concrete, Deck, Patio Open, Wood
  • Pool Features: Filtered, Gunite, Heated, Gas Heat, In Ground, Infinity, Private, Solar Heat, Tile
  • Pool Private: Yes
  • Roof: Asphalt, Flat, Mansard, Rolled/Hot Mop, Slate
  • Spa: Yes
  • Construction Materials: Blown-In Insulation, Drywall Walls, Frame, Plaster, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Asphalt, Garage Faces Front, Garage, Garage Door Opener, Gated, Parking Space, Private, Garage - Single Door, Shared Driveway, Built-In Storage, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Double Oven, Dishwasher, Electric Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Freezer, Disposal, Gas Range, Indoor Grill, Gas Cooktop, Gas Water Heater, Range Hood, Instant Hot Water, Microwave, Refrigerator, Self Cleaning Oven, Solar Hot Water, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator, Water Softener
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, In Closet, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Features: Cul-De-Sac, Level, Landscaped, Rectangular Lot, Level with Street, Lot Over 40000 Sqft, Paved, Sprinklers Drip System, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 4094.00
  • Price Per Lot Square Foot: 1447.24
  • Lot Size Acres: 0.0940

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4094.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front, Fishing in Community, Includes Dock, Marina in Community, Navigable Water, Seawall

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 1723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 25, 2015
Sold by
Kleinpell Susan Jean
Bought by
Thabit Family Trust
Seller's Agent
Art Kleinpell
Berkshire Hathaway HomeService
Buyer's Agent
Chris Valli
Surterre Properties Inc.
List Price
$6,995,000
Sold Price
$5,925,000
Premium/Discount to List
-$1,070,000
-15.3%
Current Estimated Value
$8,574,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,649,923
Avg. Annual Appreciation
3.68%

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 15, 2015
Sold by
Kleinpell Susan Jean
Bought by
Kleinpell Susan Jean and The Mahoney Family Survivors Trust
Seller's Agent
Art Kleinpell
Berkshire Hathaway HomeService
Buyer's Agent
Chris Valli
Surterre Properties Inc.
List Price
$6,995,000
Sold Price
$5,925,000
Premium/Discount to List
-$1,070,000
-15.3%

Purchase Details

Closed on
Feb 29, 2012
Sold by
Mahoney Rhoda Jean
Bought by
Mahoney Rhoda Jean and The Rhoda Jean Mahoney Qualified Persona

Purchase Details

Closed on
Nov 9, 2006
Sold by
Mahoney Rhoda Jean
Bought by
Mahoney Rhoda Jean and Mahoney Family Survivors Trust
Source: Public Records

Range of Values:

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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
Thabit Family Trust $5,814,000 First American Title Company
Kleinpell Susan Jean -- First American Title Company
Mahoney Rhoda Jean -- None Available
Mahoney Rhoda Jean -- None Available
Mahoney Rhoda Jean -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $5,925,000 -15.3% $1,630 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $6,995,000 -- $1,924 / 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
2025 $81,986 $7,916,623 $6,539,464 $1,377,159
2024 $81,986 $7,761,396 $6,411,240 $1,350,156
2023 $80,074 $7,609,212 $6,285,529 $1,323,683
2022 $78,757 $7,460,012 $6,162,283 $1,297,729
2021 $77,314 $7,313,738 $6,041,454 $1,272,284
2020 $76,573 $7,238,745 $5,979,506 $1,259,239
2019 $66,885 $6,327,716 $5,862,260 $465,456
2018 $64,728 $6,125,782 $5,747,314 $378,468
2017 $62,783 $5,929,897 $5,634,622 $295,275
2016 $61,365 $5,813,625 $5,524,139 $289,486
2015 $9,801 $903,040 $624,745 $278,295
2014 -- $885,351 $612,507 $272,844
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Art Kleinpell

    Berkshire Hathaway HomeService

  • C

    Buyer's Agent in 2015

    Chris Valli

    Surterre Properties Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15058563

California Regional Multiple Listing Service (CRMLS)

APN: 050-010-11

California Orange County Newport Beach 92660 Balboa Island

5 Collins Island, Newport Beach, CA

This home is located at 5 Collins Island, Newport Beach, CA 92662 since 20 March 2015 and is currently estimated at $8,574,923, approximately $2,358 per square foot. This property was built in 1960. 5 Collins Island is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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