NOT LISTED FOR SALE
5 Beds
3.5 Baths
2,491 Sq Ft
2,614 Sq Ft Lot

Sale Details

Date Sold: July 18, 2022

Last sale price $2,850,000 $1,144 Per Sq Ft

27 Days on Market

Highlights

  • Fishing
  • Maid or Guest Quarters
  • Main Floor Bedroom
  • Peek-A-Boo Views
  • Fireplace in Guest House
  • Loft

About This Home

As of July 2022

This timeless Balboa Island Duplex is located just steps away from the Harbor on the highly sought after and quiet street of Opal Avenue, offering 4 bedrooms in the charming main home and 1 bedroom in the spacious rear apartment. The primary house is accessible through the quaint front patio, leading into the grand living room with soaring wood beamed ceilings, a cozy brick fireplace, and a recently updated kitchen with newer appliances and granite counter tops. Also on the first floor is the versatile bedroom/mother-in-law suite offering a kitchenette and private entry, along with an attached bathroom. The second level boasts a large open loft, the master bedroom with an attached bath, and the 2 secondary bedrooms and an adjoining bathroom, 1 room offering a loft space and the other with peek-a-boo bay views off the quiet patio. The deluxe rear 1 bed apartment has a private staircase and a comfortable living space, along with a well maintained kitchen, fireplace and bathroom. The attached 2-car garage is well-equipped for parking and storing all your beach accessories, along with an additional washer/dryer hook-up. This home is ideally located nearby shops, restaurants and the water, with endless possibilities to maximize your monetary benefit and lifestyle. Don't miss out on this opportunity!

Last Agent to Sell the Property

Keaton Bassler

Compass License #02038619 Listed on: 06/09/2022

Compass

Co-Listed By

Katrina Smith

Pinpoint Properties License #01740623

Last Buyer's Agent

Keaton Bassler

Compass License #02038619 Listed on: 06/09/2022

Compass
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Duplex
  • Cottage
  • Entry on the 1st floor
  • Raised Foundation

Interior Spaces

  • 2,491 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Loft
  • Peek-A-Boo Views

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Wall Furnace

Additional Features

  • More Than Two Accessible Exits
  • Fireplace in Guest House

Listing and Financial Details

  • Legal Lot and Block 19 / 9
  • Tax Tract Number 99
  • Assessor Parcel Number 05005202
  • $507 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Island Main Island Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

2,614 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05005202
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2491.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Living Room Deck Attached
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, In Living Room
  • Entry Level: 1
  • Fireplace Features: Guest House, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1144.12
  • Room Type: Guest/Maid's Quarters, Kitchen, Living Room, Loft, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Enclosed, Patio, Patio Open, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Fireplace(s), Forced Air, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Closet, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Gutters, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • 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 Total: 2

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 630.06
  • Tax Lot: 19
  • Tax Tract Number: 99
  • TaxOtherAnnualAssessmentAmount: 507.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 8, 2022
Sold by
Bought by
Seller's Agent
Keaton Bassler
Compass
Buyer's Agent
Keaton Bassler
Compass
List Price
$3,495,000
Sold Price
$2,850,000
Premium/Discount to List
-$645,000
-18.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Outstanding Balance
$2,019,486
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 12, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,850,000 California Title Company
-- None Available
-- None Available
-- Home Connects Title
-- --
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
Open $2,175,000
Closed $2,150,000
Previous Owner $75,000
Previous Owner $150,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
07/18/2022 07/18/22 Sold $2,850,000 -10.9% $1,144 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $3,199,000 -8.5% $1,284 / Sq Ft
06/09/2022 06/09/22 For Sale $3,495,000 -- $1,403 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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
2026 $34,282 $3,024,442 $2,866,409 $158,033
2025 $33,785 $2,965,140 $2,810,205 $154,935
2024 $33,785 $2,907,000 $2,755,102 $151,898
2023 $32,963 $2,850,000 $2,701,080 $148,920
2022 $1,922 $134,001 $120,201 $13,800
2021 $1,889 $131,374 $117,844 $13,530
2020 $1,870 $130,027 $116,635 $13,392
2019 $1,841 $127,478 $114,348 $13,130
2018 $1,808 $124,979 $112,106 $12,873
2017 $1,705 $122,529 $109,908 $12,621
2016 $1,670 $120,127 $107,753 $12,374
2015 $1,651 $118,323 $106,134 $12,189
2014 $1,612 $116,006 $104,055 $11,951
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22124352

California Regional Multiple Listing Service (CRMLS)

APN: 050-052-02

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