NOT LISTED FOR SALE

Estimated Value: $5,321,000 - $14,192,488

4 Beds
3.5 Baths
3,010 Sq Ft
$3,082/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $7,200,000 $2,392 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $56,711/month

57 Days on Market

Highlights

  • Rooftop Deck
  • Bay View
  • Fireplace in Primary Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Custom Home
  • Wood Flooring

About This Home

As of October 2014

Exquisite Hamptons inspired custom residence situated on Balboa Island's coveted South Bayfront. Its prime corner location affords sweeping, unobstructed views of the Newport Harbor and wonderful sunny exposure. Meticulous attention to detail is evident throughout the house, including custom millwork and cabinetry, beautiful Brazilian cherry wood floors and a spacious, open floor plan. The master suite exudes a welcoming ambience, with its lovely fireplace and sitting area, private harbor view terrace, Bain Ultra spa tub and ambient heated bathroom floors. Three additional bedrooms and an elevator servicing all levels complete this superb residence. The beautiful award winning gardens were recently featured on the annual Sherman Gardens home tour.

Last Agent to Sell the Property

Bruce Miller

Compass License #01079959 Listed on: 06/09/2014

Compass

Last Buyer's Agent

Steven Brown

STEVEN M BROWN & ASSOCIATES License #00460947

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,659

Year Built

  • Built in 2007

Lot Details

  • 2,614 Sq Ft Lot
  • Vinyl Fence
  • Sprinklers on Timer

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Bay
  • Harbor
  • City Lights

Home Design

  • Custom Home
  • Turnkey
  • Slab Foundation
  • Slate Roof
  • Stone Siding
  • Clapboard

Interior Spaces

  • 3,010 Sq Ft Home
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Shutters
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Built-In Range
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Laundry Chute

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Rooftop Deck
  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Overhead Utilities
  • Tankless Water Heater
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 100
  • Assessor Parcel Number 05010315

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,659

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security Lights, Fire and Smoke Detection System, Security System, Wired for Alarm System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05010315
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3010.00
  • Interior Amenities: High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 2392.03
  • Room Type: Walk-In Closet, Utility Room
  • Window Features: Double Pane Windows, Screens, Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Bay, City Lights, Harbor, Water
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Roof Top, Stone
  • Pool Private: No
  • Roof: Slate
  • Construction Materials: Clapboard, Glass, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Private, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Water Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Trash Compactor, Tankless Water Heater, Water Line to Refrigerator, Warming Drawer
  • Electric: 220 Volts in Laundry
  • Laundry Features: Inside, Individual Room, Laundry Chute
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Sprinklers Timer, Utilities - Overhead
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: A 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2014
Sold by
Stomber John C and Stomber Maxine Maly
Bought by
The Mullin Greencres Ii Trust and Mullin Diane L
Total Days on Market
57
Current Estimated Value
$9,278,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,680,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2014
Sold by
Stomber John C and Stomber Maxine Maly
Bought by
Stomber John C and Stomber Maxine Maly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,680,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2004
Sold by
Lange Arthur and Lange Sharon
Bought by
Stomber John C and Stomber Maxine Maly

Purchase Details

Closed on
Sep 27, 2001
Sold by
Wells Fargo Bank Na
Bought by
Lange Arthur and Lange Sharon

Purchase Details

Closed on
Mar 19, 1997
Sold by
Sanford Mildred E
Bought by
Sanford Mildred E

Purchase Details

Closed on
Mar 23, 1993
Sold by
Sanford Mildred E
Bought by
Sanford Mildred E and Revocable Living Trust Of Mildred E Sanf
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
The Mullin Greencres Ii Trust $7,200,000 Lawyers Title Company
Stomber John C -- Accommodation
Stomber John C $3,750,000 Stewart Title Of Ca Inc
Lange Arthur -- --
Sanford Mildred E -- --
Sanford Mildred E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullin John F $1,983,000
Closed Mullin John F $429,900
Previous Owner The Mullin Greencres Ii Trust $4,680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2014 10/20/14 Sold $7,200,000 -8.3% $2,392 / Sq Ft
06/09/2014 06/09/14 For Sale $7,850,000 -- $2,608 / 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 $89,659 $8,483,649 $7,623,208 $860,441
2023 $87,570 $8,317,303 $7,473,733 $843,570
2022 $86,132 $8,154,219 $7,327,189 $827,030
2021 $84,475 $7,994,333 $7,183,519 $810,814
2020 $83,666 $7,912,361 $7,109,860 $802,501
2019 $81,913 $7,757,217 $6,970,451 $786,766
2018 $80,274 $7,605,115 $6,833,775 $771,340
2017 $78,850 $7,455,996 $6,699,780 $756,216
2016 $77,068 $7,309,800 $6,568,411 $741,389
2015 $76,350 $7,200,000 $6,469,747 $730,253
2014 $51,830 $4,905,091 $4,264,097 $640,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14120242

California Regional Multiple Listing Service (CRMLS)

APN: 050-103-15