NOT LISTED FOR SALE

1016 E Balboa Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $4,968,000 - $7,566,000

3 Beds
3 Baths
2,117 Sq Ft
$2,966/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2020

Last sale price $4,300,000 $2,031 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $37,816 / mo

128 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Parking available for a boat
  • Newport Elementary School Rated A
  • Private Dock Site
  • 2-minute walk to Balboa Peninsula Park

About This Home

As of July 2020

Unparalleled seaside retreat embraces Californian beach living just as you dreamt it would. This transformed treasure is ideally situated on the Harbor side of Balboa Peninsula complete with a 60’ boat slip and private dock. Unobstructed views of Newport Harbor captivate you while listening to the crashing ocean waves at night. An attached two car garage provides casual access into the home along with a gated formal front door entrance. An updated Kitchen offers sleek & stylish White cabinetry, Commercial Stove, prep sink & built-in refrigerator. Considerable use of windows throughout the flowing floor plan adds natural lighting. Gleaming Hardwood Floors have been completely refinished & showcase the wainscoting. The Master Bedroom with Retreat features a private balcony, walk-in robe and generous en suite, ensuring a soothing space to enjoy the unsurpassed view. Noted as one of the best places to live in California, Balboa Peninsula is perfect for full or part time residing. Ideally positioned to enjoy close proximity to restaurants & the Promenade shopping & walkways that are lined with well-kept rose gardens, benches, piers & tidy strips of sand. The schools in Balboa Peninsula are highly rated & all within walking distance. Popular annual activities include the Balboa Island parade with its precision lawn-chair drill teams. The highlight of the winter is the annual Christmas Boat Parade, where decorated boats with holiday lights circle the island.

Last Agent to Sell the Property

Carl Capitano

COMPASS License #01078792 Listed on: 02/07/2020

COMPASS

Last Buyer's Agent

Carl Capitano

COMPASS License #01078792 Listed on: 02/07/2020

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 2,280 Sq Ft Lot
  • Ocean Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Stone Wall
  • Wrought Iron Fence
  • Vinyl Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Landscaped
  • Level Lot
  • Backyard Sprinklers
  • Lawn
  • Garden
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Public Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Driveway Level
  • Parking available for a boat

Property Views

  • Ocean
  • Marina
  • Coastline
  • Back Bay
  • Harbor
  • Views of a pier
  • City Lights
  • Views of a landmark

Home Design

  • Cape Cod Architecture
  • Patio Home
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,117 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Fireplace Features Masonry
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • Custom Window Coverings
  • French Doors
  • ENERGY STAR Qualified Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Home Office
  • Storage
  • Pull Down Stairs to Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Pier
  • Boat Slip
  • Private Dock Site
  • Docks
  • Balcony
  • Lanai
  • Exterior Lighting
  • Rain Gutters
  • Brick Porch or Patio

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • Central Water Heater
  • Water Purifier
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Property is near park and public transit

Listing and Financial Details

  • Legal Lot and Block 9 / 15
  • Tax Tract Number 105
  • Assessor Parcel Number 04814228

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Marina
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1979 | Remodeled

Lot Details

2,280 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04814228
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2117.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Storage, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: ENERGY STAR Qualified Doors, French Doors, Mirror Closet Door(s)
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Retreat, Gas, Gas Starter, Masonry
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2031.18
  • Room Type: All Bedrooms Up, Attic, Dressing Area, Entry, Family Room, Foyer, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Retreat, Walk-In Closet
  • Window Features: Custom Covering, Drapes, ENERGY STAR Qualified Windows, Skylight(s)
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Boat Slip, Dock Private, Lighting, Pier, Rain Gutters
  • View: Back Bay, City Lights, Coastline, Harbor, Landmark, Marina, Ocean, Pier, Water
  • Fence: Yes
  • Fencing: Excellent Condition, Stone, Stucco Wall, Vinyl, Wrought Iron
  • Patio And Porch Features: Brick, Deck, Lanai, Patio, Patio Open, Porch, Slab, Stone, Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Built-In Storage, Direct Garage Access, Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, Garage - Single Door, Garage Door Opener, Public, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Self Cleaning Oven, Convection Oven, Dishwasher, Double Oven, Electric Oven, ENERGY STAR Qualified Appliances, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Warming Drawer, Water Heater Central, Water Heater, Water Line to Refrigerator, Water Purifier
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Hiking, Gutters, Park, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Garden, Landscaped, Lawn, Level with Street, Level, Near Public Transit, Park Nearby, Patio Home, Sprinklers In Rear, Walkstreet
  • Lot Size Sq Ft: 2280.00
  • Lot Size Acres: 0.0523

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2280.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Fishing in Community, Includes Dock, Marina in Community, Navigable Water, Ocean Access, Ocean Front, Sea Front, Seawall

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 628.00
  • Tax Lot: 9
  • Tax Tract Number: 105

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
Feb 7, 2020
Closed on
Jun 17, 2020
Sold by
Bought by
Seller's Agent
Carl Capitano
COMPASS
Buyer's Agent
Carl Capitano
COMPASS
List Price
$4,588,800
Sold Price
$4,300,000
Premium/Discount to List
-$288,800
-6.29%
Current Estimated Value
$6,279,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,979,110
Avg. Annual Appreciation
6.57%
Original Mortgage
$2,580,000
Outstanding Balance
$2,257,359
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$4,021,751

Purchase Details

Closed on
Sep 30, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by

Purchase Details

Closed on
Jan 15, 1999
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
$1,100,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1998
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
$882,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$4,300,000 First American Title Company
$3,800,000 None Available
-- None Available
-- None Available
$1,750,000 First American Title Ins Co
$1,525,000 Chicago Title Co
-- Chicago Title Insurance Co
$1,260,000 Chicago Title Insurance Co
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 $2,580,000
Previous Owner $1,100,000
Previous Owner $882,000
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
07/10/2020 07/10/20 Sold $4,300,000 -6.3% $2,031 / Sq Ft
03/26/2020 03/26/20 For Sale $4,588,800 +6.7% $2,168 / Sq Ft
03/21/2020 03/21/20 Off Market $4,300,000 -- --
02/07/2020 02/07/20 For Sale $4,588,800 -- $2,168 / 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
2025 $49,173 $4,654,457 $4,345,107 $309,350
2024 $48,408 $4,563,194 $4,259,909 $303,285
2023 $47,278 $4,473,720 $4,176,381 $297,339
2022 $46,499 $4,386,000 $4,094,491 $291,509
2021 $45,606 $4,300,000 $4,014,206 $285,794
2020 $45,633 $4,300,000 $4,000,000 $300,000
2019 $24,502 $2,296,372 $2,021,416 $274,956
2018 $24,014 $2,251,346 $1,981,781 $269,565
2017 $23,589 $2,207,202 $1,942,922 $264,280
2016 $23,059 $2,163,924 $1,904,825 $259,099
2015 $22,842 $2,131,420 $1,876,212 $255,208
2014 $22,304 $2,089,669 $1,839,460 $250,209
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carl Capitano

    COMPASS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20025630

California Regional Multiple Listing Service (CRMLS)

APN: 048-142-28

California Orange County Newport Beach 92661 Balboa Peninsula Point

1016 E Balboa Blvd, Newport Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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