NOT LISTED FOR SALE

Estimated Value: $6,554,000 - $8,107,000

4 Beds
3.5 Baths
3,848 Sq Ft
$1,814/Sq Ft Est. Value

Sale Details

Date Sold: May 25, 2012

Last sale price $2,865,000 $745 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $41,027 / mo

18 Days on Market

Highlights

  • Marina
  • Private Dock Site
  • Boat Slip
  • Newport Elementary School Rated A
  • Marina View
  • Two Primary Bedrooms

About This Home

As of May 2012

Contemporary waterfront home with spectacular views of Newport Bay. Completely rebuilt from the ground up in 1997 and remodeled extensively in 2001. This home offers almost 4,000 sq. ft. of interior living space with an open floor plan that lets in a lot of natural sunlight. Gourmet chef’s kitchen complete with stainless steel appliances, butcher block island, and rich cherry cabinets. Four spacious bedrooms including a guest suite on the first level with its own full bathroom and storage closet. Travertine throughout the first floor living area and carpeting on the second level. Full study/office with a built-in fireplace and partial ocean views. The family room offers 180 degree views of the bay from the interior or the extended balcony. The backyard features a built-in BBQ ideal for entertaining and a private dock that can accommodate up to a 36’ powerboat. Situated in the gated community of Balboa Coves directly across from Hoag Hospital Newport Beach. Walk or bike to Balboa Island, Lido Isle, or Newport Pier. Orange County living at its finest.

Last Agent to Sell the Property

Oliver Yang

Cubemax International Corp. License #01355519 Listed on: 03/01/2012

Last Buyer's Agent

Lori Haines

JOHNHART CORP License #01419848

JOHNHART CORP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 4,000

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 3,848 Sq Ft Home
  • Living Room with Fireplace
  • Den with Fireplace
  • Marina Views
  • Laundry Room

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Multi-Level Bedroom

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Docks
  • Wood Patio

Additional Features

  • 4,000 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 6
  • Assessor Parcel Number 42303107

Community Details

Overview

  • Balboa Coves Association, Phone Number (909) 240-1434

Recreation

  • Community Boat Dock
  • Marina

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

4,000 Sq Ft Lot

HOA Fees

$125 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Coves (BLCV)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42303107
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3848.00
  • Flooring: Carpet, Stone
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room
  • Levels: Two
  • Price Per Square Foot: 744.54
  • Room Type: Multi-Level Bedroom, Two Masters

Exterior Features

  • Patio: Yes
  • Exterior Features: Boat Slip, Dock Private
  • View: Marina
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dock
  • Association Fee: 125.00
  • Association Fee Frequency: Monthly
  • Association Name: BALBOA COVES
  • Phone: 9092401434
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Waterfront Features: Includes Dock, Marina in Community

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2013
Sold by
Karlin Michael
Bought by
Anthony Michael and Anthony Susan Elizabeth
Current Estimated Value
$6,980,241

Purchase Details

Listed on
Mar 1, 2012
Closed on
May 1, 2012
Sold by
Chen Joe Yu Tser and Chen Joseph Chiung Chu
Bought by
Karlin Michael and 6 Balboa Coves Trust
Seller's Agent
Oliver Yang
Cubemax International Corp.
Buyer's Agent
Lori Haines
JOHNHART CORP
List Price
$2,955,000
Sold Price
$2,865,000
Premium/Discount to List
-$90,000
-3.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,925,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 21, 2001
Sold by
Fournier David R and Schilling Bethany J
Bought by
Chen Joe Yu Tser and Chen Mei Long Hsiao

Purchase Details

Closed on
Feb 28, 2001
Sold by
Donnelly Paul N and Donnelly Kathleen M
Bought by
Mesko Charles G and Mesko Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Fournier David R & Schilling Bethany J
Bought by
Fournier David R and Schilling Bethany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,400
Interest Rate
6.87%

Purchase Details

Closed on
Apr 30, 1997
Sold by
Fournier David R & Schilling Bethany J
Bought by
Fournier David R and Schilling Bethany J

Purchase Details

Closed on
Mar 31, 1994
Sold by
Schilling Bethany J and Fournier David R
Bought by
Fournier David R and Schilling Bethany J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Anthony Michael -- None Available
Karlin Michael -- Chicago Title Company
Chen Joe Yu Tser $1,755,000 Equity Title Company
Mesko Charles G $2,040,000 First American Title Ins Co
Fournier David R -- Fidelity National Title Ins
Fournier David R -- --
Fournier David R -- California Counties Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Karlin Michael $1,925,000
Previous Owner Mesko Charles G $1,000,000
Previous Owner Fournier David R $579,400
Previous Owner Fournier David R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2012 05/25/12 Sold $2,865,000 -4.3% $745 / Sq Ft
03/19/2012 03/19/12 Pending -- -- --
03/01/2012 03/01/12 Price Changed $2,995,000 +1.4% $778 / Sq Ft
03/01/2012 03/01/12 For Sale $2,955,000 -- $768 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $37,516 $3,598,598 $3,221,787 $376,811
2024 $37,516 $3,528,038 $3,158,615 $369,423
2023 $36,639 $3,458,861 $3,096,681 $362,180
2022 $36,034 $3,391,041 $3,035,962 $355,079
2021 $35,343 $3,324,550 $2,976,433 $348,117
2020 $35,004 $3,290,461 $2,945,913 $344,548
2019 $34,275 $3,225,943 $2,888,150 $337,793
2018 $33,591 $3,162,690 $2,831,520 $331,170
2017 $32,996 $3,100,677 $2,776,000 $324,677
2016 $32,253 $3,039,880 $2,721,569 $318,311
2015 $31,951 $2,994,219 $2,680,689 $313,530
2014 $31,197 $2,935,567 $2,628,178 $307,389
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12027815

California Regional Multiple Listing Service (CRMLS)

APN: 423-031-07

Your Personal Tour Guide

Ask me questions while you tour the home.