NOT LISTED FOR SALE

111 E Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $3,546,000 - $4,256,000

3 Beds
2.5 Baths
2,000 Sq Ft
$1,931/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $1,899,000 $950 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $21,989/month

11 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Wood Flooring
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • Bonus Room

About This Home

As of July 2015

Built in 2011- Great Ocean Views- 3rd level bonus room could be a 4th bedroom. Awesome rooftop deck that offers an great ocean view that makes you feel like you are standing on the sand. Just out your back door and down the alley you are on the beach in seconds. This home has granite counters, stainless steel appliances and bamboo wood floors.

Last Agent to Sell the Property

Chris Moreno

Surterre Properties Inc. License #01503663 Listed on: 05/27/2015

Surterre Properties Inc.

Co-Listed By

Cassie Hammond

Surterre Properties Inc. License #01264839

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 2,100

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • Fireplace With Gas Starter
  • Family or Dining Combination
  • Bonus Room
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Beach Access
  • 2,100 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 11
  • Assessor Parcel Number 04807421

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Commercial) (BPCD)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04807421
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Gas Starter
  • Levels: Three Or More
  • Price Per Square Foot: 949.50
  • Room Type: Bonus Room

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 8, 2015
Sold by
Neal Jeffrey B and Neal Erin M
Bought by
The Kattan Revocable Living Trust
Seller's Agent
Chris Moreno
Surterre Properties Inc.
List Price
$1,899,000
Sold Price
$1,899,000
Current Estimated Value
$3,862,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,963,839
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Feb 20, 2003
Sold by
Alexon Harry
Bought by
Neal Jeffery B and Neal Erin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 1995
Sold by
Alexon Harry
Bought by
Alexon Harry
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Kattan Revocable Living Trust $1,899,000 Ticor Title
Neal Jeffery B $620,000 California Title Company
Alexon Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Neal Jeffery B $322,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $1,899,000 0.0% $950 / Sq Ft
06/07/2015 06/07/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $1,899,000 -- $950 / 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
2025 $23,876 $2,248,027 $1,889,674 $358,353
2024 $23,876 $2,203,949 $1,852,622 $351,327
2023 $23,565 $2,160,735 $1,816,296 $344,439
2022 $23,176 $2,118,368 $1,780,682 $337,686
2021 $22,944 $2,076,832 $1,745,767 $331,065
2020 $22,728 $2,055,537 $1,727,866 $327,671
2019 $22,283 $2,015,233 $1,693,986 $321,247
2018 $21,917 $1,975,719 $1,660,770 $314,949
2017 $21,541 $1,936,980 $1,628,206 $308,774
2016 $21,084 $1,899,000 $1,596,280 $302,720
2015 $12,211 $1,033,241 $720,114 $313,127
2014 $11,935 $1,013,002 $706,008 $306,994
Source: Public Records

Agents Affiliated with this Home

  • Chris Moreno

    Seller's Agent in 2015

    Chris Moreno

    Surterre Properties Inc.

    (949) 280-6357

    2 in this area

    64 Total Sales

    Chris Moreno
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Cassie Hammond

    Surterre Properties Inc.

    (949) 500-5569

    2 in this area

    27 Total Sales

    Cassie Hammond
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15113446

California Regional Multiple Listing Service (CRMLS)

APN: 048-074-21

California Orange County Newport Beach 92661 Central Newport Beach

111 E Balboa Blvd, Newport Beach, CA

Not Listed for Sale

Detached

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