902 S Bay Front Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $4,089,000 - $8,560,000
3
Beds
2.5
Baths
2,175
Sq Ft
$3,182/Sq Ft
Est. Value
Highlights
- Beach Access
- Property Fronts a Bay or Harbor
- Living Room with Attached Deck
- Abraham Lincoln Elementary School Rated A
- Main Floor Bedroom
- Granite Countertops
About This Home
As of July 2021Located on Balboa Island’s premier South Bay Front, this custom residence enjoys spectacular water views and direct access to a spacious sandy beach. A large patio overlooking the boardwalk creates an ideal oasis to revel in the picturesque harbor activities and ideal coastal climate. The open and airy main floor comprises a beautiful living room with fireplace, dining area, family room, and chef’s kitchen, all situated to enjoy the stunning views beyond the wall of sliding glass doors. Offering abundant storage, the open kitchen is enhanced by stainless steel appliances, custom cabinetry, granite counter tops and breakfast bar. A main level guest suite with walk-in closet, powder and full bath, and a separate bunk room complete the first floor. Upstairs, the master suite boasts an expansive and private deck as well as 2 large walk-in closets complete with a vanity area. A luxurious, spa-inspired bath hosts dual vanities, Jacuzzi tub, and an oversized walk-in steam shower. The true gem of this bay front home is the spacious home office configured for 2 separate desks and is situated to overlook the gorgeous harbor and exquisite sunsets. Complete with built-in cabinetry and bookshelves, this relaxing space opens to a private balcony perfect for an afternoon respite to enjoy coastal breezes. This ideally located home is the perfect venue to enjoy wonderful memories, spectacular sunsets, long beach days and the famed Newport Harbor Boat Parade for years to come.
Last Agent to Sell the Property
Arbor Real Estate License #01187466 Listed on: 05/26/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $77,485
Year Built
- Built in 1960
Lot Details
- 2,550 Sq Ft Lot
- Property Fronts a Bay or Harbor
- Rectangular Lot
Parking
- 2 Car Direct Access Garage
- Parking Available
Property Views
- Bay
- Harbor
- Panoramic
Interior Spaces
- 2,175 Sq Ft Home
- 2-Story Property
- Built-In Features
- Recessed Lighting
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Home Office
Kitchen
- Open to Family Room
- Breakfast Bar
- Built-In Range
- Range Hood
- Warming Drawer
- Microwave
- Freezer
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
- Granite Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Beach Access
- Balcony
- Open Patio
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating
Community Details
- No Home Owners Association
- Balboa Island Main Island Subdivision
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 100
- Assessor Parcel Number 05011112
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2021
Closed on
Jul 12, 2021
Sold by
Vannatta Fini V
Bought by
Martin Linda J and Martin Nicole D
Seller's Agent
Heather Kidder
Arbor Real Estate
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$6,900,000
Sold Price
$6,800,000
Premium/Discount to List
-$100,000
-1.45%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,991
Avg. Annual Appreciation
0.45%
Original Mortgage
$3,000,000
Outstanding Balance
$2,734,568
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$4,186,423
Purchase Details
Listed on
May 26, 2021
Closed on
Jun 10, 2021
Sold by
Martin Linda J and Martin Nicole D
Bought by
Ruby5 Holdings Llc
Seller's Agent
Heather Kidder
Arbor Real Estate
Buyer's Agent
Ryan Gunderson
Arbor Real Estate
List Price
$6,900,000
Sold Price
$6,800,000
Premium/Discount to List
-$100,000
-1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,734,568
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$4,186,423
Purchase Details
Closed on
Feb 7, 2020
Sold by
Natta Fini V Van and Van Natta Family Trust
Bought by
Natta Fini V Van and The Van Natta Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 2014
Sold by
Martin Linda J and Danielle Tena Nicole
Bought by
Vannatta Fini and Van Natta Family Trust
Purchase Details
Closed on
Sep 17, 2013
Sold by
Martin Linda J and Tena Nicole Danielle
Bought by
Vannatta Fini and The Van Natta Family Trust
Purchase Details
Closed on
Dec 21, 2012
Sold by
Vannatta Fin V
Bought by
Martin Linda J and Tena Nicole Danielle
Purchase Details
Closed on
Oct 13, 2008
Sold by
Larsen John M and Larsen Patricia A
Bought by
Meguiar Barry J and Meguiar Karen A
Purchase Details
Closed on
Jun 18, 2004
Sold by
Gunetti Harry Charles
Bought by
Larsen John M and Larsen Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
6%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 29, 2003
Sold by
Vannatta Fini V
Bought by
Vannatta Fini and Vannatta Family Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martin Linda J | -- | -- | |
| Ruby5 Holdings Llc | $6,800,000 | Stewart Title | |
| Natta Fini V Van | -- | First American Title Company | |
| Vannatta Fini | -- | None Available | |
| Vannatta Fini | -- | None Available | |
| Martin Linda J | -- | None Available | |
| Meguiar Barry J | $4,300,000 | First American Title Company | |
| Larsen John M | $3,250,000 | Fidelity National Title Co | |
| Vannatta Fini | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruby5 Holdings Llc | $3,000,000 | |
| Previous Owner | Natta Fini V Van | $500,000 | |
| Previous Owner | Larsen John M | $2,676,000 | |
| Previous Owner | Larsen John M | $1,950,000 | |
| Previous Owner | Vannatta Fini | $1,400,000 | |
| Closed | Larsen John M | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2021 07/12/21 | Sold | $6,800,000 | -1.4% | $3,126 / Sq Ft |
| 06/10/2021 06/10/21 | Pending | -- | -- | -- |
| 05/26/2021 05/26/21 | For Sale | $6,900,000 | -- | $3,172 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $77,485 | $7,074,720 | $6,818,877 | $255,843 |
| 2023 | $75,648 | $6,936,000 | $6,685,173 | $250,827 |
| 2022 | $71,889 | $6,800,000 | $6,554,091 | $245,909 |
| 2021 | $6,607 | $600,311 | $346,864 | $253,447 |
| 2020 | $6,542 | $594,156 | $343,307 | $250,849 |
| 2019 | $6,411 | $582,506 | $336,575 | $245,931 |
| 2018 | $6,284 | $571,085 | $329,976 | $241,109 |
| 2017 | $6,187 | $559,888 | $323,506 | $236,382 |
| 2016 | $6,108 | $548,910 | $317,162 | $231,748 |
| 2015 | $6,049 | $540,665 | $312,398 | $228,267 |
| 2014 | $24,657 | $2,313,447 | $2,090,969 | $222,478 |
Source: Public Records
Agents Affiliated with this Home
-
Heather Kidder
Seller's Agent in 2021
Heather Kidder
Arbor Real Estate
(949) 466-8699
14 in this area
150 Total Sales
-
Ryan Gunderson
R
Buyer's Agent in 2021
Ryan Gunderson
Arbor Real Estate
(949) 673-3444
67 in this area
102 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21095188
APN: 050-111-12
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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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