1103 Balboa Ave Newport Beach, CA 92662
Balboa Island Neighborhood
4
Beds
3.5
Baths
2,400
Sq Ft
2,614
Sq Ft Lot
Highlights
- Open Floorplan
- Wood Flooring
- Open to Family Room
- Abraham Lincoln Elementary School Rated A
- No HOA
- Family Room Off Kitchen
About This Home
As of April 2023Corner Unit! Welcome to your dream home on Balboa Island! This newly remodeled 3-bedroom, 3-bathroom residence offers 2,042 square feet of luxurious living space, seamlessly blending classic charm with contemporary elegance. Step inside to discover an open floor plan, filled with natural light and adorned with high-end finishes. The gourmet kitchen features top-of-the-line appliances, custom cabinetry, and a spacious island, perfect for entertaining. The living area boasts a cozy fireplace and flows effortlessly into the dining space, ideal for hosting family and friends. Upstairs, the primary suite is a serene oasis, complete with a spa-like en-suite bathroom where you can enjoy tranquil island vibes. The two additional bedrooms are generously sized, offering comfort and style for family or guests. Adding to the appeal, this property includes a fully permitted ADU (Accessory Dwelling Unit - 358 SQFT.), providing an excellent opportunity for rental income, a guest suite, or a private office space. Located in the heart of Balboa Island, this home is just steps away from the waterfront, charming shops, and delightful dining options. Don't miss the chance to own a piece of paradise with modern amenities in one of Newport Beach's most sought-after communities!
Last Agent to Sell the Property
Omar Ronald Aljazzar
Vetta Realty Brokerage Phone: 949 877-6719 License #01977532 Listed on: 11/21/2024
Last Buyer's Agent
Omar Ronald Aljazzar
Vetta Realty Brokerage Phone: 949 877-6719 License #01977532 Listed on: 11/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,684
Year Built
- Built in 2024
Lot Details
- 2,614 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Family Room with Fireplace
- Family Room Off Kitchen
- Wood Flooring
- Laundry Room
Kitchen
- Open to Family Room
- Gas Range
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- All Upper Level Bedrooms
- Walk-in Shower
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 14 / 19
- Tax Tract Number 101
- Assessor Parcel Number 05012301
- $3,081 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Island Main Island Subdivision
Recreation
- Water Sports
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
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: OC24237805
APN: 050-123-01
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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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