NOT LISTED FOR SALE

Estimated Value: $4,438,000 - $9,804,322

4 Beds
4 Baths
2,656 Sq Ft
$2,876/Sq Ft Est. Value

Last Sold October 03, 2023

Last sale price $10,201,000 $3,841 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $49,741/month

9 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • 2 Car Attached Garage
  • Abraham Lincoln Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of October 2023

Experience waterfront living at its finest with this incredible vintage South Bayfront home with dock. This oversized and remodeled classic home offers four bedrooms plus a large bonus room, four baths, and an expansive and elevated front patio, all in one of the best locations the Island has to offer. The spacious first floor features a large light-and-bright living room with fireplace, wood floors, an eye-catching dining room, upgraded kitchen with all new appliances, and a cozy private courtyard. The second level offers four bedrooms plus a bonus room, including a stunning master retreat with a remodeled bath and spectacular views of the Bay. The home also includes an oversized two-car garage, and a fantastic shared dock. The unmatched charm of this home, combined with its stunning panoramic Bay views, captures the essence of classic Island living and shouldn't be missed.

Last Agent to Sell the Property

Ryan Gunderson

Arbor Real Estate License #01869795 Listed on: 09/05/2023

Arbor Real Estate

Last Buyer's Agent

Georgie Fenton

Coldwell Banker Realty License #00990939

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $110,380

Year Built

  • Built in 1942

Lot Details

  • 2,550 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bay Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 50
  • Assessor Parcel Number 05011113
  • $33,000 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$110,380

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05011113
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2656.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3840.74
  • Room Type: All Bedrooms Up, Kitchen, Living Room

Exterior Features

  • View: Bay
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585
  • Latitude Manual: 33.60453100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 050...
  • TaxOtherAnnualAssessmentAmount: 33000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Sep 21, 2023
Sold by
George H Jones H and George Edythe O
Bought by
Neuhoff Revocable Trust and Neuhoff
Seller's Agent
Ryan Gunderson
Arbor Real Estate
Buyer's Agent
Georgie Fenton
Coldwell Banker Realty
List Price
$9,800,000
Sold Price
$10,201,000
Premium/Discount to List
$401,000
4.09%
Total Days on Market
9
Views
54
Current Estimated Value
$7,639,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,561,559
Avg. Annual Appreciation
-15.99%
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
Neuhoff Revocable Trust $10,201,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones George H $750,000
Previous Owner Jones George H $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2023 10/03/23 Sold $10,201,000 +4.1% $3,841 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $9,800,000 -- $3,690 / 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 $110,380 $10,201,000 $10,031,407 $169,593
2023 $6,495 $346,305 $278,061 $68,244
2022 $3,866 $339,515 $272,609 $66,906
2021 $3,793 $332,858 $267,263 $65,595
2020 $3,755 $329,445 $264,522 $64,923
2019 $3,682 $322,986 $259,336 $63,650
2018 $3,610 $316,653 $254,251 $62,402
2017 $3,546 $310,445 $249,266 $61,179
2016 $3,468 $304,358 $244,378 $59,980
2015 $3,432 $299,787 $240,707 $59,080
2014 $3,351 $293,915 $235,992 $57,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23165259

California Regional Multiple Listing Service (CRMLS)

APN: 050-111-13