NOT LISTED FOR SALE

1014 E Balboa Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $5,395,937 - $7,126,000

3 Beds
2.5 Baths
2,142 Sq Ft
$2,907/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $3,600,000 $1,681 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $38,575/month

293 Days on Market

Highlights

  • Beach Front
  • Private Dock Site
  • Harbor Views
  • Newport Elementary School Rated A
  • Boat Slip
  • 2-minute walk to Balboa Peninsula Park

About This Home

As of December 2016

Few locations can rival E. Balboa Boulevard on the Peninsula for offering the best of beach and bay living. With the bay in your front yard, the beach across the street, and the village of Balboa within an easy distance, this traditional style bay front home has spectacular views of one of the widest sections of the main channel of Newport Bay, night lights of Fashion Island, the weekly fast, fun and wildly competitive "Beer Can" sailboat races, and all of the activity of the harbor. Swimming, sailing, stand-up paddle boarding, kayaking, volleyball, the world famous Fun Zone and biking on the boardwalk are outside your front door. This home has been well-loved by the same family for over 35 years and is now available for the next lucky group to start their own Balboa traditions and memories. With its shared private pier and slip that can accommodate up to a 54' boat, a new buyer can live with this well-kept comfortable home in its present condition, remodel or rebuild.

Last Agent to Sell the Property

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 01/19/2016

Pacific Sotheby's Int'l Realty

Co-Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421

Last Buyer's Agent

Debbie Johnson

Pacific Sotheby's Int'l Realty License #01177685

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,494

Year Built

  • Built in 1980

Lot Details

  • 2,280 Sq Ft Lot
  • Beach Front
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Wood Fence
  • Paved or Partially Paved Lot
  • Level Lot

Parking

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

Property Views

  • Harbor
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Clapboard

Interior Spaces

  • 2,142 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Wood Frame Window
  • French Doors
  • Entryway
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Carbon Monoxide Detectors

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Boat Slip
  • Private Dock Site
  • Ocean Side of Highway 1
  • Deck
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Central Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 105
  • Assessor Parcel Number 04814227

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,494

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04814227
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2142.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceramic Counters, Tandem
  • Stories: 2
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Ell
  • Fireplace Features: Gas Starter, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1680.67
  • Room Type: All Bedrooms Up, Entry, Living Room, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows, Wood Frames

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip, Dock Private
  • View: City Lights, Harbor, Mountain(s), Panoramic, Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Deck, Patio Open, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Clapboard, Drywall Walls

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Indoor Grill, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater Central
  • Heating Type: Floor Furnace
  • Laundry Features: Inside, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Level with Street, Paved, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 2280.00
  • Price Per Lot Square Foot: 1927.63
  • Lot Size Acres: 0.0520

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2280.0000 Square Feet
  • Waterfront Features: Bay Front, Beach Front, Ocean Side Of Highway 1, Ocean Side of Freeway, Seawall

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Oct 27, 2016
Sold by
Seidman Ellen
Bought by
Godber James R and Godber Carolynn J
Seller's Agent
Evan Corkett
Pacific Sotheby's Int'l Realty
Buyer's Agent
Debbie Johnson
Pacific Sotheby's Int'l Realty
List Price
$4,395,000
Sold Price
$3,600,000
Premium/Discount to List
-$795,000
-18.09%
Total Days on Market
293
Current Estimated Value
$6,226,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,626,234
Avg. Annual Appreciation
5.64%
Original Mortgage
$2,000,000
Outstanding Balance
$1,641,583
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,097,056

Purchase Details

Closed on
Mar 9, 1994
Sold by
Seidman Theodore M and Seidman Ellen
Bought by
Seidman Theodore M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
7.19%

Purchase Details

Closed on
Jan 31, 1994
Sold by
Seidman Theodore M
Bought by
Seidman Theodore M and Seidman Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
7.19%

Purchase Details

Closed on
Aug 21, 1993
Sold by
Seidman Theodore M and Seidman Ellen
Bought by
Seidman Theodore M
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
Godber James R $3,600,000 Lawyers Title Company
Seidman Theodore M -- --
Seidman Theodore M -- Commonwealth Land Title
Seidman Theodore M -- --
Seidman Theodore M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godber James R $2,000,000
Previous Owner Seidman Theodore M $487,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $3,600,000 -7.6% $1,681 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
10/02/2016 10/02/16 Price Changed $3,895,000 -11.4% $1,818 / Sq Ft
01/19/2016 01/19/16 For Sale $4,395,000 -- $2,052 / 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 $43,494 $4,096,183 $3,838,106 $258,077
2023 $42,478 $4,015,866 $3,762,849 $253,017
2022 $41,778 $3,937,124 $3,689,068 $248,056
2021 $40,976 $3,859,926 $3,616,733 $243,193
2020 $40,583 $3,820,348 $3,579,648 $240,700
2019 $39,737 $3,745,440 $3,509,459 $235,981
2018 $38,943 $3,672,000 $3,440,646 $231,354
2017 $38,253 $3,600,000 $3,373,182 $226,818
2016 $13,590 $1,261,703 $1,028,861 $232,842
2015 $13,461 $1,242,752 $1,013,407 $229,345
2014 $13,144 $1,218,409 $993,556 $224,853
Source: Public Records

Agents Affiliated with this Home

  • Evan Corkett

    Seller's Agent in 2016

    Evan Corkett

    Pacific Sotheby's Int'l Realty

    (949) 285-1055

    3 in this area

    51 Total Sales

    Evan Corkett
    Section Image
  • Steve High

    Seller Co-Listing Agent in 2016

    Steve High

    Pacific Sotheby’s International Realty

    (949) 874-4724

    4 in this area

    72 Total Sales

    Steve High
    Section Image
  • Debbie Johnson

    Buyer's Agent in 2016

    Debbie Johnson

    Pacific Sotheby's Int'l Realty

    (949) 698-1972

    12 Total Sales

    Debbie Johnson
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16011715

California Regional Multiple Listing Service (CRMLS)

APN: 048-142-27

California Orange County Newport Beach 92661 Balboa Peninsula Point

1014 E Balboa Blvd, Newport Beach, CA

This home is located at 1014 E Balboa Blvd, Newport Beach, CA 92661 since 19 January 2016 and is currently estimated at $6,226,234, approximately $2,906 per square foot. This property was built in 1980. 1014 E Balboa Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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