NOT LISTED FOR SALE

Estimated Value: $3,216,000 - $5,102,000

3 Beds
3 Baths
1,976 Sq Ft
$1,975/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $1,598,000 $809 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $23,579/month

About This Home

As of September 2014

1037 W Balboa Blvd has an attraction that is irresistible! Steps away from the beach this three bedroom and three bathroom home boasts the finest designer finishes, exquisite wood floors, Jenn-Air appliances, Spa, Surround sound, ADT security system and two-zone air conditioning are among the list of embellishments.

Designed for effortless coastal living, the main level encompasses a gourmet kitchen, living room, dinning room, two bedrooms & bathrooms, and a two car garage. The upper level showcases a large master suite, walking closet, spa bath and balcony.

Live the Newport Beach lifestyle, ideally located on the Newport Peninsula, quick commute to local shops, restaurants and the Newport Harbor Yacht club.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2017
Sold by
Kler Daljit Kaur
Bought by
Kler Dailjit Kaur and Kler Harjas
Current Estimated Value
$3,903,512

Purchase Details

Listed on
May 26, 2014
Closed on
Sep 3, 2014
Sold by
Kler Baldev Singh
Bought by
Kler Daljit Kaur
Seller's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Mike Nijjar
MZ BROKERAGE INC.
List Price
$1,798,000
Sold Price
$1,598,000
Premium/Discount to List
-$200,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Original Mortgage
$1,118,600
Outstanding Balance
$841,952
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,985,151

Purchase Details

Listed on
May 26, 2014
Closed on
Jul 25, 2014
Sold by
Sustayta Mario R
Bought by
Kler Daljit Kaur
Seller's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Mike Nijjar
MZ BROKERAGE INC.
List Price
$1,798,000
Sold Price
$1,598,000
Premium/Discount to List
-$200,000
-11.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,118,600
Outstanding Balance
$841,952
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,985,151

Purchase Details

Closed on
Jun 7, 2010
Sold by
Us Bank National Association
Bought by
Sustayta Mario R

Purchase Details

Closed on
May 24, 2010
Sold by
Capital One Na
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 17, 2009
Sold by
Allen Matthew
Bought by
Capital One Na and Us Bank Na

Purchase Details

Closed on
Jan 25, 1999
Sold by
Allen Sandra J
Bought by
Allen Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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ICE

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Average Value
Not Available
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
Kler Dailjit Kaur -- Accommodation
Kler Daljit Kaur -- First American Title Company
Kler Daljit Kaur $1,598,000 First American Title Company
Sustayta Mario R $1,110,000 Chicago Title Company
Us Bank National Association -- Chicago Title Company
Capital One Na $990,000 Accommodation
Allen Matthew $485,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kler Daljit Kaur $1,118,600
Previous Owner Sustayta Mario R $625,500
Previous Owner Allen Matthew $1,350,000
Previous Owner Allen Matthew $200,000
Previous Owner Allen Matthew $1,000,000
Previous Owner Allen Matthew $137,000
Previous Owner Allen Matthew $712,000
Previous Owner Allen Matthew $465,000
Previous Owner Allen Matthew $48,500
Previous Owner Allen Matthew $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2020 01/13/20 Rented $8,500 +25.0% --
12/21/2019 12/21/19 For Rent $6,800 0.0% --
09/05/2014 09/05/14 Sold $1,598,000 0.0% $783 / Sq Ft
07/14/2014 07/14/14 Price Changed $1,598,000 -5.9% $783 / Sq Ft
06/11/2014 06/11/14 Price Changed $1,698,000 -5.6% $832 / Sq Ft
05/26/2014 05/26/14 For Sale $1,798,000 -- $881 / Sq Ft

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 $20,756 $1,882,895 $1,682,916 $199,979
2023 $20,668 $1,845,976 $1,649,918 $196,058
2022 $20,207 $1,809,781 $1,617,567 $192,214
2021 $20,119 $1,774,296 $1,585,850 $188,446
2020 $19,932 $1,756,103 $1,569,589 $186,514
2019 $19,558 $1,721,670 $1,538,813 $182,857
2018 $19,300 $1,687,912 $1,508,640 $179,272
2017 $18,977 $1,654,816 $1,479,059 $175,757
2016 $18,590 $1,622,369 $1,450,058 $172,311
2015 $18,676 $1,598,000 $1,428,277 $169,723
2014 $13,996 $1,168,821 $999,199 $169,622
Source: Public Records

Agents Affiliated with this Home

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