NOT LISTED FOR SALE

Estimated Value: $6,610,000 - $9,745,364

6 Beds
4 Baths
-- Sq Ft
4,487 Sq Ft Lot

Last Sold August 18, 2015

Last sale price $5,000,000

Est. 73% increase in value since last sale

Current estimated payment $54,799/month

168 Days on Market

Highlights

  • Contemporary Architecture
  • Abraham Lincoln Elementary School Rated A
  • 3-minute walk to Balboa Island Park

About This Home

As of August 2015

Illustrious BAY FRONT mid-century Balboa Island Estate offering Newport Harbor's most coveted views. Premier location on the point of Balboa Island's South Bay Front w/dramatic views of the Channel, Pavilion, City + Bay. 6 bedroom, 4 bath iconic celebrity estate boasts one of the largest lots on the island. 360 degree views from rooftop office + deck. Rare opportunity, don't miss!

Last Agent to Sell the Property

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 02/02/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jim Scarborough

Berkshire Hathaway HomeServices California Properties License #01182792 Listed on: 02/02/2015

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,576

Year Built

  • Built in 1965

Lot Details

  • Property is in average condition

Home Design

  • Contemporary Architecture

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 005006333

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,576

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Contemporary
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1965
  • Property Information Total #Units: 1
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Within City Limits: No
  • Style:Contemporary2: Yes
  • Condition Average2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 005006333
  • Zoning: R-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Ann Wood Tracy
Bought by
Tracy Ann Wood Trust
Total Days on Market
168
Current Estimated Value
$8,625,341

Purchase Details

Listed on
Feb 2, 2015
Closed on
Aug 6, 2015
Sold by
530 South Bay Front Llc
Bought by
The L T Wood Family Trust
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
List Price
$6,999,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,999,000
-28.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Jul 28, 2015
Sold by
Freberg Donna
Bought by
Ebsen Dustin
Seller's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jim Scarborough
Berkshire Hathaway HomeServices California Properties
List Price
$6,999,000
Sold Price
$5,000,000
Premium/Discount to List
-$1,999,000
-28.56%

Purchase Details

Closed on
Dec 23, 2000
Sold by
Jackson Bonnie Ebsen
Bought by
530 South Bay Front Llc

Purchase Details

Closed on
Dec 18, 2000
Sold by
Ebsen Catherine Croft
Bought by
530 South Bay Front Llc
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
Tracy Ann Wood Trust -- Freeman Freeman & Smiley Llp
Wood Tracy Ann -- Freeman Freeman & Smiley Llp
The L T Wood Family Trust $5,000,000 California Title Company
Ebsen Dustin -- California Title Company
Jackson Bonnie Ebsen -- California Title Company
Ebsen Nancy Kiersten -- California Title Company
530 South Bay Front Llc -- Ticor Title Insurers
530 South Bay Front Llc -- Ticor Title Insurers
530 South Bay Front Llc -- Ticor Title Insurers
530 South Bay Front Llc -- Ticor Title Insurers
530 South Bay Front Llc -- Ticor Title Insurers
Ebsen Dustin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 530 South Bay Front Llc $628,000
Previous Owner 530 South Bay Front Llc $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2015 08/18/15 Sold $5,000,000 -28.6% --
07/20/2015 07/20/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $6,999,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $76,576 $6,926,595 $5,263,052 $1,663,543
2023 $74,753 $6,790,780 $5,159,855 $1,630,925
2022 $70,391 $6,657,628 $5,058,681 $1,598,947
2021 $69,038 $6,527,087 $4,959,491 $1,567,596
2020 $68,376 $6,460,160 $4,908,637 $1,551,523
2019 $66,945 $6,333,491 $4,812,390 $1,521,101
2018 $58,542 $5,537,072 $4,718,030 $819,042
2017 $49,045 $4,625,520 $4,625,520 $0
2016 $52,825 $5,000,000 $4,534,824 $465,176
2015 $7,418 $670,319 $426,541 $243,778
2014 $7,244 $657,189 $418,186 $239,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 15-333

Santa Barbara Multiple Listing Service

APN: 050-063-33