NOT LISTED FOR SALE

1038 W Balboa Blvd Unit W Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $3,188,000 - $5,657,537

2 Beds
1 Bath
900 Sq Ft
$4,822/Sq Ft Est. Value

Last Sold March 09, 2017

Last sale price $1,850,000 $2,056 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $24,725/month

Highlights

  • Main Floor Bedroom
  • No HOA
  • Tile Countertops
  • Newport Elementary School Rated A
  • Views
  • Living Room

About This Home

As of March 2017

Yearly rental on the Peninsula. A great 2 bedroom 1 bath downstairs apartment, no stairs, large front patio area, fireplace, washer and dryer hook-ups.

Last Agent to Rent the Property

Wayne Smith

Corona Del Mar Properties Inc License #00922140 Listed on: 02/03/2017

Last Renter's Agent

Wayne Smith

Corona Del Mar Properties Inc License #00922140 Listed on: 02/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,469

Year Built

  • Built in 1984

Lot Details

  • 2,392 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Tile Countertops
  • Property Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Security Deposit $2,800
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 3/1/17
  • Assessor Parcel Number 04726421

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,469

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-03-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2800
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Other Phone Description: Laura
  • Other Phone Number: 949-836-0705
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 04726421
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 900.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2055.56
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2392.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2022
Sold by
Smith Steven L
Bought by
Smith Travis L and Smith Lena Y
Current Estimated Value
$4,138,018

Purchase Details

Closed on
Dec 13, 2022
Sold by
Smith Travis Lee
Bought by
Bhbc Trust

Purchase Details

Closed on
Feb 21, 2020
Sold by
Smith Travis L and Smith Lena Y
Bought by
Smith Travis L and Smith Lena Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2019
Sold by
Smith Suzanne
Bought by
Smith Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2017
Closed on
Feb 13, 2017
Sold by
Smith Suzanne
Bought by
Smith Steven L
Seller's Agent
Wayne Smith
Corona Del Mar Properties Inc
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$1,850,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2017
Closed on
Feb 6, 2017
Sold by
Harvey Judith A
Bought by
Smith Steven L and Smith Travis L
Seller's Agent
Wayne Smith
Corona Del Mar Properties Inc
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
Sold Price
$1,850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 4, 2005
Sold by
Roberts Thomas C and Roberts Katherine Sue
Bought by
Roberts Sue and The Roberts Family Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Travis L -- --
Bhbc Trust -- --
Smith Travis L -- Boston National Title
Smith Steven L -- Accommodation
Smith Travis L -- Accommodation
Smith Steven L -- Orange Coast Title Company
Smith Steven L $1,850,000 Orange Coast Title Company
Roberts Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Travis L $1,850,000
Previous Owner Smith Steven L $1,850,000
Previous Owner Smith Steven L $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Rented $1,850,000 0.0% --
03/24/2017 03/24/17 Under Contract -- -- --
03/09/2017 03/09/17 Sold $1,850,000 0.0% $598 / Sq Ft
03/02/2017 03/02/17 Price Changed $2,500 0.0% $3 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/03/2017 02/03/17 For Rent $2,800 0.0% --
09/08/2016 09/08/16 For Sale $1,999,000 -- $646 / 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 $22,469 $2,104,982 $1,793,457 $311,525
2023 $21,941 $2,063,708 $1,758,291 $305,417
2022 $21,575 $2,023,244 $1,723,815 $299,429
2021 $21,160 $1,983,573 $1,690,015 $293,558
2020 $20,956 $1,963,234 $1,672,686 $290,548
2019 $20,595 $1,924,740 $1,639,889 $284,851
2018 $20,185 $1,887,000 $1,607,734 $279,266
2017 $5,418 $481,298 $165,868 $315,430
2016 $5,300 $471,861 $162,615 $309,246
2015 $5,248 $464,774 $160,173 $304,601
2014 $5,125 $455,670 $157,035 $298,635
Source: Public Records

Agents Affiliated with this Home

  • Wayne Smith

    Landlord's Agent in 2017

    Wayne Smith

    Corona Del Mar Properties Inc

    (949) 300-2215

    50 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17023721

California Regional Multiple Listing Service (CRMLS)

APN: 047-264-21

California Orange County Newport Beach 92661 Central Newport Beach

1038 W Balboa Blvd Unit W, Newport Beach, CA

This home is located at 1038 W Balboa Blvd Unit W, Newport Beach, CA 92661 since 03 February 2017 and is currently priced at $4,339,384. This property was built in 1984. 1038 W Balboa Blvd Unit W is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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

Nearby Homes