NOT LISTED FOR SALE

Estimated Value: $5,113,000 - $8,751,968

3 Beds
4.5 Baths
2,326 Sq Ft
$2,902/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $5,800,000 $2,494 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $42,119/month

Highlights

  • Back Bay Views
  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Abraham Lincoln Elementary School Rated A
  • Open Floorplan
  • 3-minute walk to Balboa Island Park

About This Home

As of November 2022

A once in a life opportunity to live the ‘high-life’ in a custom multi-million dollar home with likewise furnishings on one of the all-time best streets of Balboa Island. Sophisticated yet user friendly... Whether you need a vacation… or a place to call home while you are doing a remodel or in-be-tween- moves… this is the place to hang your hat and call home. The pictures ‘paint’ the story of what awaits you as you enter the front door… the great room… is an understatement… Generous and handsome Primary bedroom (with fireplace), walk-in closet and luxurious bathroom to match. On this level you have 2 more bedroom (each with their own bathrooms) and an office lanai to add style and functionality. The third floor consists of one of the largest ‘deck’ spaces on the Island. Kitchen… BBQ… covered living space with fireplace… Dining room, lounge sunbathing deck as well… No exaggeration… this is amazing. Now… add an ELEVATOR (for all 3 floors) to the equation and everything at 214… gets a bit more ELEVATED…

Last Agent to Rent the Property

Jennifer Wong

Compass License #01256649 Listed on: 10/21/2022

Compass

Co-Listed By

Elizabeth Thamer

Pacific Sotheby's Int'l Realty License #01169245

Last Renter's Agent

Jennifer Wong

Compass License #01256649 Listed on: 10/21/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,035

Year Built

  • Built in 2020

Lot Details

  • 2,550 Sq Ft Lot
  • Landscaped
  • Flag Lot

Parking

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

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture

Interior Spaces

  • 2,326 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Furnished
  • Gas Fireplace
  • Custom Window Coverings
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Wood Flooring
  • Back Bay Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Balboa Island Main Island Subdivision

Listing and Financial Details

  • Security Deposit $20,000
  • Available 11/5/22
  • Tax Lot 29
  • Tax Tract Number 99
  • Assessor Parcel Number 05003212

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,035

Year Built

Built in 2020

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-11-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 20000
  • Furnished: Furnished
  • Total Move In Costs: 40000.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Fully Furnished
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Mid Century Modern, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05003212
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2326.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Furnished, Living Room Deck Attached, Open Floorplan, Quartz Counters
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom, Outside, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 7.52
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Back Bay
  • Patio And Porch Features: Covered, Deck, Patio, Patio Open, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public 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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped, Flag Lot
  • Lot Size Sq Ft: 2550.00
  • Lot Size Acres: 0.0585

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 2550.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 21, 2022
Sold by
Gregg And Robyn Moss Revocable Trust
Bought by
214 Garnet Ave Management Trust
Seller's Agent
Mary Ellen Weglarz
Surterre Properties Inc.
Buyer's Agent
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
List Price
$5,950,000
Sold Price
$5,800,000
Premium/Discount to List
-$150,000
-2.52%
Current Estimated Value
$6,750,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$950,742
Avg. Annual Appreciation
1.77%
Original Mortgage
$3,000,000
Outstanding Balance
$2,849,418
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$3,279,233

Purchase Details

Listed on
Dec 9, 2020
Closed on
Mar 31, 2021
Sold by
214 Garnet Avenue Llc
Bought by
Moss Gregg and Gaines Moss Robyn
Seller's Agent
Jeanne Carni
Pacific Sotheby's Int'l Realty
List Price
$4,950,000
Sold Price
$4,647,341
Premium/Discount to List
-$302,659
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%
Original Mortgage
$2,350,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 3, 2018
Sold by
Jabara Gary
Bought by
214 Garnet Avenue Llc
Seller's Agent
Nicole Sears
Villa Asset Management
Buyer's Agent
Nicole Sears
Villa Asset Management
Sold Price
$3,000

Purchase Details

Listed on
Jun 27, 2018
Closed on
Jul 9, 2018
Sold by
Andrea Louse P D
Bought by
Jabara Gary
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$2,095,000
Sold Price
$2,040,000
Premium/Discount to List
-$55,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%

Purchase Details

Closed on
Sep 14, 1999
Sold by
Dinunzio and Mary
Bought by
Dandrea Louise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1994
Sold by
Bauer Michelle A
Bought by
Dinunzio Robert A and Dinunzio Mary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1993
Sold by
Richards Malcolm G
Bought by
Bauer Michelle A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
214 Garnet Ave Management Trust $5,800,000 Orange Coast Title
Moss Gregg $4,647,500 Ticor Title Company
214 Garnet Avenue Llc -- None Available
Jabara Gary $2,040,000 Fidelity Natl Title
Dandrea Louise P $750,000 Orange Coast Title
Dinunzio Robert A $525,000 California Counties Title Co
Bauer Michelle A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 214 Garnet Ave Management Trus $3,000,000
Previous Owner Moss Gregg $2,350,000
Previous Owner Andrea Louise P D $750,000
Previous Owner Dandrea Louise P $435,290
Previous Owner Dandrea Louise P $250,000
Previous Owner Dandrea Louise P $415,000
Previous Owner Dandrea Louise P $415,000
Previous Owner Dandrea Louise P $415,000
Previous Owner Dinunzio Robert A $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Rented $17,500 -12.5% --
11/13/2022 11/13/22 Under Contract -- -- --
10/21/2022 10/21/22 For Rent $20,000 0.0% --
06/23/2022 06/23/22 Sold $5,800,000 -2.5% $2,494 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $5,950,000 +28.0% $2,558 / Sq Ft
04/05/2021 04/05/21 Sold $4,647,341 -6.1% $1,998 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
12/09/2020 12/09/20 For Sale $4,950,000 0.0% $2,128 / Sq Ft
09/24/2018 09/24/18 Rented $3,000 0.0% --
08/30/2018 08/30/18 For Rent $3,000 0.0% --
07/20/2018 07/20/18 Sold $2,040,000 -2.6% $891 / Sq Ft
06/27/2018 06/27/18 For Sale $2,095,000 -- $915 / 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
2025 $64,035 $6,155,006 $5,035,490 $1,119,516
2024 $64,035 $6,034,320 $4,936,755 $1,097,565
2023 $62,541 $5,916,000 $4,839,955 $1,076,045
2022 $50,364 $4,740,287 $3,730,279 $1,010,008
2021 $33,974 $3,002,384 $2,038,193 $964,191
2020 $23,854 $2,218,599 $2,017,294 $201,305
2019 $21,948 $2,040,000 $1,977,740 $62,260
2018 $11,068 $1,013,099 $938,188 $74,911
2017 $10,872 $993,235 $919,792 $73,443
2016 $10,630 $973,760 $901,757 $72,003
2015 $10,527 $959,134 $888,212 $70,922
2014 $10,278 $940,346 $870,813 $69,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22225551

California Regional Multiple Listing Service (CRMLS)

APN: 050-032-12