1103 Balboa Ave Newport Beach, CA 92662
Balboa Island Neighborhood
2
Beds
3
Baths
1,858
Sq Ft
2,614
Sq Ft Lot
Highlights
- Marina
- Primary Bedroom Suite
- Updated Kitchen
- Abraham Lincoln Elementary School Rated A
- Ocean Side of Highway 1
- Open Floorplan
About This Home
As of April 2023A classic beach residence with a guest unit above the garage on Balboa Island. Don't miss this! Walk, bike or drive your golf cart to restaurants & shopping. This previously remodeled front residence contains one large upstairs suite with a bath, two story ceilings, wood floors, a large entertaining kitchen that flows to the back patio, a separate dinning room, a downstairs bath with laundry room and light bright interior finishes throughout. The back unit above the garage is a one bedroom open studio with one bath, a large living room & kitchen. Enjoy the large brick patio for BBQ's and outdoor celebrations. Enjoy everything Balboa Island has to offer including parades, community events, and the ultimate vacation lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,684
Year Built
- Built in 1928
Lot Details
- 2,614 Sq Ft Lot
- Vinyl Fence
- Brick Fence
- Corner Lot
- Flag Lot
- Property is zoned R2
Parking
- 2 Car Garage
- Parking Available
- Two Garage Doors
Home Design
- Cape Cod Architecture
- Cosmetic Repairs Needed
- Asphalt Roof
- Lap Siding
Interior Spaces
- 1,858 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Recessed Lighting
- Awning
- French Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Wood Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Breakfast Bar
- Gas and Electric Range
- Range Hood
- Dishwasher
- Stone Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Ocean Side of Highway 1
- Brick Porch or Patio
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 14 / 19
- Tax Tract Number 101
- Assessor Parcel Number 05012301
- $508 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2023
Sold by
218 E Oceanfront Partners Llc
Bought by
600 Cdm Development Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$98,817
Interest Rate
7.76%
Estimated Equity
$4,678,014
Purchase Details
Listed on
Mar 27, 2023
Closed on
Apr 17, 2023
Sold by
Skibicki Trust
Bought by
218 E Oceanfront Partners Llc
Seller's Agent
John Trevino
Compass
Buyer's Agent
Adam Warnick
Douglas Elliman of California
List Price
$2,749,000
Sold Price
$2,725,000
Premium/Discount to List
-$24,000
-0.87%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.33%
Purchase Details
Closed on
Jan 18, 2023
Sold by
Skibicki Walter Joseph
Bought by
Skibicki Trust
Purchase Details
Closed on
Jul 13, 2010
Sold by
Skibicki Walter Joseph
Bought by
Skibicki Walter Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
4.65%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,537,500 | First American Title Company | |
| Grant Deed | $2,725,000 | Chicago Title Company | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Placer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | No Value Available | |
| Open | $3,272,500 | New Conventional | |
| Previous Owner | $4,011,900 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $938,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $416,000 | Unknown | |
| Closed | $0 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $4,695,000 | +72.3% | $1,956 / Sq Ft |
| 04/26/2023 04/26/23 | Sold | $2,725,000 | -0.9% | $1,467 / Sq Ft |
| 04/04/2023 04/04/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $2,749,000 | -- | $1,480 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $40,684 | $3,537,500 | $3,376,714 | $160,786 |
| 2023 | $6,872 | $368,588 | $166,592 | $201,996 |
| 2022 | $4,235 | $361,361 | $163,325 | $198,036 |
| 2021 | $4,155 | $354,276 | $160,123 | $194,153 |
| 2020 | $4,114 | $350,644 | $158,481 | $192,163 |
| 2019 | $4,036 | $343,769 | $155,373 | $188,396 |
| 2018 | $3,958 | $337,029 | $152,327 | $184,702 |
| 2017 | $3,889 | $330,421 | $149,340 | $181,081 |
| 2016 | $3,805 | $323,943 | $146,412 | $177,531 |
| 2015 | $3,765 | $319,078 | $144,213 | $174,865 |
| 2014 | $3,676 | $312,828 | $141,388 | $171,440 |
Source: Public Records
Agents Affiliated with this Home
-
Milaad Forootan
Seller's Agent in 2025
Milaad Forootan
Titan Pacific Group Inc
(949) 331-4450
42 Total Sales
-
John Trevino
Seller's Agent in 2023
John Trevino
Compass
(949) 395-2417
2 in this area
36 Total Sales
-
Adam Warnick
A
Buyer's Agent in 2023
Adam Warnick
Douglas Elliman of California
(949) 640-3600
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG23049990
APN: 050-123-01
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.
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
- 302 Sapphire Ave
- 214 Sapphire Ave
- 316 Diamond Ave
- 327 Amethyst Ave
- 126 Sapphire Ave
- 1201 N Bay Front
- 222 Ruby Ave
- 201 Diamond Ave
- 115 Apolena Ave
- 202 Onyx Ave
- 121 Onyx Ave
- 126 Ruby Ave
- 210 Collins Ave
- 305 Grand Canal
- 1407 N Bay Front
- 135 Turquoise Ave
- 214 Abalone Ave
- 1203 Bayside Dr
- 842 Harbor Island Dr
- 1119 Dolphin Terrace