NOT LISTED FOR SALE

1045 1/2 W Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $2,402,000 - $3,167,438

3 Beds
2 Baths
1,624 Sq Ft
2019 Built

Last Sold September 18, 2020

Last sale price $2,000,000 $1,232 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $17,226/month

Highlights

  • New Construction
  • Peek-A-Boo Views
  • 1 Car Attached Garage
  • Newport Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of September 2020

This is your opportunity to own a magnificent new home on Balboa Peninsula. Just completed in August 2019, this home features clean lines, abundant natural light, and soaring 16 ft ceilings along with the only catwalk likely ever constructed on the Balboa Peninsula. Ideally situated between the fun zone and the newly developed Marina Park, Lido House Resort, and many surrounding shops and restaurants, you will love the lifestyle this home provides while being only one house from the sand and surf. Complete with an over-sized roof deck and ocean view that is perfect for entertaining or private relaxation and just in time for summer.

Last Agent to Sell the Property

Jon Pugh

eXp Realty of California License #01409210 Listed on: 09/18/2020

eXp Realty of California

Co-Listed By

Melissa Wiesen

eXp Realty of California Inc License #01745112

Last Buyer's Agent

Joshua Thieme

First Team Real Estate License #01966133

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,004

Year Built

  • Built in 2019 | New Construction

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,624 Sq Ft Home
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units
  • Balboa Peninsula Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 234
  • Assessor Parcel Number 04725203

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,004

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 04725203
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1624.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1231.53

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jun 9, 2020
Sold by
Pack Garrett E and Pack Melinda L
Bought by
Peterson Ronald Todd and Carrillo Kimberly Irma
Seller's Agent
Jon Pugh
eXp Realty of California
Buyer's Agent
Melissa Wiesen
eXp Realty of California Inc
Sold Price
$8,500
Current Estimated Value
$2,873,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,864,860
Original Mortgage
$1,400,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Peterson Ronald Todd $2,000,000 Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Ronald Todd $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $2,000,000 -9.0% $1,232 / Sq Ft
09/18/2020 09/18/20 For Sale $2,198,000 0.0% $1,353 / Sq Ft
04/17/2020 04/17/20 Rented $8,500 +30.8% --
03/31/2020 03/31/20 Under Contract -- -- --
03/19/2020 03/19/20 For Rent $6,500 -- --
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
2025 $23,004 $2,164,864 $1,705,041 $459,823
2024 $23,004 $2,122,416 $1,671,609 $450,807
2023 $22,662 $2,080,800 $1,638,832 $441,968
2022 $22,222 $2,040,000 $1,606,698 $433,302
2021 $21,980 $2,000,000 $1,575,194 $424,806
2020 $15,742 $1,407,737 $879,510 $528,227
Source: Public Records

Agents Affiliated with this Home

  • Jon Pugh

    Seller's Agent in 2020

    Jon Pugh

    eXp Realty of California

    (949) 423-6911

    1 in this area

    33 Total Sales

    Jon Pugh
    Section Image
  • Melissa Wiesen

    Seller Co-Listing Agent in 2020

    Melissa Wiesen

    eXp Realty of California Inc

    (949) 887-6644

    1 in this area

    61 Total Sales

    Melissa Wiesen
    Section Image
  • Joshua Thieme

    Buyer's Agent in 2020

    Joshua Thieme

    First Team Real Estate

    (714) 524-8988

    1 in this area

    99 Total Sales

    Joshua Thieme
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20195184

California Regional Multiple Listing Service (CRMLS)

APN: 939-710-33

California Orange County Newport Beach 92661 Central Newport Beach

1045 1/2 W Balboa Blvd, Newport Beach, CA

This home is located at 1045 1/2 W Balboa Blvd, Newport Beach, CA 92661 since 18 September 2020 and is currently estimated at $2,873,360, approximately $1,769 per square foot. This property was built in 2019. 1045 1/2 W 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.

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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