Seller's Agent in 2024
Don Abrams
Abrams Coastal Properties
(714) 325-9055
69 in this area
96 Total Sales
1611 Balboa Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $3,309,000 - $3,455,793
3
Beds
2
Baths
1,357
Sq Ft
$2,515/Sq Ft
Est. Value
Highlights
- Coastline Views
- Fishing
- Cape Cod Architecture
- Abraham Lincoln Elementary School Rated A
- Across the Road from Lake or Ocean
- Deck
About This Home
As of September 2024Here is the quintessential Balboa Island cottage, strategically perched on a sunny Bay-view corner lot on the peaceful and serene Little Island. The spacious, elevated brick-lined front patio opens into the home through a Dutch door or multi-panel sliding doors. The expansive living and dining areas then lead to an updated chef's kitchen, all with stunning water views. The second level showcases 3 bedrooms with vaulted beamed ceilings, including the oversized primary suite with its own generous balcony. Among the home's many fine attributes are quartz counters, central A/C, luxury vinyl floors, and a two-car garage. Both the patio and upper deck provide front-row views of Newport Harbor without the inconvenience of pedestrian boardwalk traffic. Little Balboa Island has underground utilities, wide streets, lots of fresh salt air and sunshine. Don't miss this wonderful home!
Last Listed By
Abrams Coastal Properties Brokerage Phone: 714-325-9055 License #01234323 Listed on: 04/16/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,626
Year Built
- Built in 1926
Lot Details
- 1,500 Sq Ft Lot
- Corner Lot
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
- Parking Available
- Side Facing Garage
- Two Garage Doors
Property Views
- Coastline
- Bay
- City Lights
Home Design
- Cape Cod Architecture
- Composition Roof
- Lap Siding
Interior Spaces
- 1,357 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Ceiling Fan
- Electric Fireplace
- Shutters
- Sliding Doors
- Dining Room
- Vinyl Flooring
Kitchen
- Breakfast Bar
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 2 Bathrooms
- Quartz Bathroom Countertops
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Deck
- Brick Porch or Patio
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Across the Road from Lake or Ocean
Listing and Financial Details
- Legal Lot and Block 15 / 6
- Tax Tract Number 103
- Assessor Parcel Number 05019226
- $380 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Island Little Island Subdivision
Recreation
- Fishing
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Sep 13, 2024
Sold by
Evans Family Trust and Evans Robert Waite
Bought by
Family Trust and Catalysis Capital Trust
Seller's Agent
Don Abrams
Abrams Coastal Properties
Buyer's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
List Price
$3,495,000
Sold Price
$3,400,000
Premium/Discount to List
-$95,000
-2.72%
Total Days on Market
148
Views
884
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
$12,698
Avg. Annual Appreciation
0.62%
Purchase Details
Closed on
May 31, 2011
Sold by
Evans Robert Waite and Evans Barbara Lou
Bought by
Evans Robert Waite and Evans Barbara Lou
Purchase Details
Closed on
Jun 2, 1997
Sold by
Bryan Humphreys and Bryan Carol Humphreys
Bought by
Evans Robert Waite and Evans Barbara Lou
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.25%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Family Trust | $3,400,000 | Lawyers Title | |
| Evans Robert Waite | -- | None Available | |
| Evans Robert Waite | $565,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Evans Robert W | $200,000 | |
| Previous Owner | Evans Robert Waite | $215,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $3,400,000 | -1.3% | $2,506 / Sq Ft |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- |
| 05/15/2024 05/15/24 | Price Changed | $3,445,000 | -1.4% | $2,539 / Sq Ft |
| 04/16/2024 04/16/24 | For Sale | $3,495,000 | -- | $2,576 / 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 | $9,626 | $884,476 | $817,485 | $66,991 |
| 2023 | $9,397 | $867,134 | $801,456 | $65,678 |
| 2022 | $9,237 | $850,132 | $785,741 | $64,391 |
| 2021 | $9,060 | $833,463 | $770,334 | $63,129 |
| 2020 | $8,972 | $824,917 | $762,435 | $62,482 |
| 2019 | $8,789 | $808,743 | $747,486 | $61,257 |
| 2018 | $8,614 | $792,886 | $732,830 | $60,056 |
| 2017 | $8,462 | $777,340 | $718,461 | $58,879 |
| 2016 | $8,272 | $762,099 | $704,374 | $57,725 |
| 2015 | $8,192 | $750,652 | $693,794 | $56,858 |
| 2014 | $8,131 | $735,948 | $680,203 | $55,745 |
Source: Public Records
Agents Affiliated with this Home
-
Don Abrams
-
Tracy Bowie
Buyer's Agent in 2024
Tracy Bowie
Pacific Sotheby's Int'l Realty
(949) 922-1670
2 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP24047909
APN: 050-192-26
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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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