NOT LISTED FOR SALE

1119 E Balboa Blvd Unit A Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $2,866,000 - $5,653,000

4 Beds
3 Baths
1,800 Sq Ft
$2,285/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $4,220,000 $2,344 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $27,028/month

About This Home

As of May 2021

Balboa Peninsula at it's finest. This turn-key, three-level beachfront home has completed a full designer remodel and tastefully outfitted with all delights. A rare opportunity to enjoy panoramic views, an ideal sand-front location in a low maintenance but elegantly, sophisticated home. A thoughtful floor plan features sand-front ocean views from all main living areas culminating in an oversized panoramic rooftop deck complete with fire pits, outdoor BBQ, prep station and Sonos audio throughout. Magical postcard scenes of Balboa Pier, Catalina Island, Newport Harbor, and more. A desirable first level Primary Suite with spa-inspired steam shower, opens to the beach front patio and BBQ. Three additional guest rooms, gourmet chef's kitchen, marble counters, chef's appliances, subterranean parking with room for multiple vehicles, three terraces and an outdoor shower for easy rinse off. Custom finishes and fine materials compliment the perfect beach home setting. Come enjoy the coastal community and amenities the Balboa Peninsula has to offer. Close proximity to Fashion Island, Orange County Airport, Catalina Flyer, the Ferry and nearby Laguna Beach. Available May, June and first 2 weeks of July. Call for seasonal pricing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 13, 2021
Sold by
Tembo California Real Estate Llc
Bought by
Trifecta California Properties Llc
Seller's Agent
Andrew Cotton
Compass
Buyer's Agent
Laurie Paxson
Berkshire Hathaway Home Services
List Price
$4,500,000
Sold Price
$4,220,000
Premium/Discount to List
-$280,000
-6.22%
Current Estimated Value
$4,112,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$107,178
Avg. Annual Appreciation
-0.63%

Purchase Details

Closed on
Sep 14, 2016
Sold by
Beadles Zane D
Bought by
Tembo California Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2014
Closed on
Feb 24, 2015
Sold by
Beadles Zane D
Bought by
Tembo California Real Estate Llc
Seller's Agent
Karly Brown
Karly Brown, Broker
Buyer's Agent
Andrew Cotton
Compass
List Price
$2,850,000
Sold Price
$2,740,000
Premium/Discount to List
-$110,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%

Purchase Details

Listed on
Oct 15, 2014
Closed on
Dec 2, 2014
Sold by
1119 Balboa Llc
Bought by
Beadles Zane D
Seller's Agent
Karly Brown
Karly Brown, Broker
Buyer's Agent
Andrew Cotton
Compass
List Price
$2,850,000
Sold Price
$2,740,000
Premium/Discount to List
-$110,000
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 28, 2007
Sold by
Wickland Valerie E
Bought by
1119 Balboa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,278,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2007
Sold by
1119 Balboa Llc
Bought by
Wickland Valerie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,278,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Wickland Valerie E and Wicklund Valerie E
Bought by
1119 Balboa Llc

Purchase Details

Closed on
Apr 26, 2005
Sold by
Wicklund Valerie E
Bought by
Wicklund Valerie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hooper Jimmie W and Hooper Terri P
Bought by
Hooper Jimmie W and Jim Hooper Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.52%

Purchase Details

Closed on
Feb 6, 2001
Sold by
Hooper Jimmie W
Bought by
Wickland Valerie E and Valerie E Wickland Revocable Separate Pr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1997
Sold by
Peterson Stephen R and Peterson Kathy L
Bought by
Hooper Jimmie M and Hooper Terri P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Interest Rate
6.87%
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
Trifecta California Properties Llc $4,220,000 Chicago Title Company
Tembo California Real Estate Llc -- Accommodation
Beadles Zane D -- First American Title Co Resi
Tembo California Real Estate Llc -- Accommodation
Beadles Zane D $2,740,000 Old Republic Title Company
1119 Balboa Llc -- Placer Title Company
Wickland Valerie E -- Placer Title Company
1119 Balboa Llc -- None Available
Wicklund Valerie E -- Fidelity National Title
Hooper Jimmie W -- Stewart Title Of Ca Inc
Wickland Valerie E $1,400,000 Fidelity National Title
Hooper Jimmie M $755,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beadles Zane D $1,300,000
Previous Owner Beadles Zane D $2,000,000
Previous Owner Wickland Valerie E $1,278,000
Previous Owner Wicklund Valerie E $1,150,000
Previous Owner Hooper Jimmie W $644,000
Previous Owner Hooper Jimmie W $300,000
Previous Owner Hooper Jimmie W $650,000
Previous Owner Wickland Valerie E $990,000
Previous Owner Hooper Jimmie W $140,000
Previous Owner Hooper Jimmie W $142,000
Previous Owner Hooper Jimmie M $679,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Rented $18,000 +2.9% --
12/06/2023 12/06/23 Price Changed $17,500 -2.8% $10 / Sq Ft
11/29/2023 11/29/23 Price Changed $18,000 -2.7% $10 / Sq Ft
09/11/2023 09/11/23 Price Changed $18,500 -17.8% $10 / Sq Ft
05/23/2023 05/23/23 Price Changed $22,500 +9.8% $13 / Sq Ft
03/15/2023 03/15/23 Price Changed $20,500 -8.9% $11 / Sq Ft
01/02/2023 01/02/23 Price Changed $22,500 +21.6% $13 / Sq Ft
11/02/2022 11/02/22 Price Changed $18,500 -17.8% $10 / Sq Ft
03/08/2022 03/08/22 For Rent $22,500 0.0% --
03/01/2022 03/01/22 Off Market $22,500 -- --
08/27/2021 08/27/21 Price Changed $22,500 -10.0% $13 / Sq Ft
07/05/2021 07/05/21 Price Changed $25,000 -16.7% $14 / Sq Ft
06/27/2021 06/27/21 Price Changed $30,000 -14.3% $17 / Sq Ft
06/12/2021 06/12/21 Price Changed $35,000 +16.7% $19 / Sq Ft
05/19/2021 05/19/21 For Rent $30,000 0.0% --
05/14/2021 05/14/21 Sold $4,220,000 -6.2% $2,344 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $4,500,000 +64.2% $2,500 / Sq Ft
01/06/2015 01/06/15 Sold $2,740,000 -3.9% $1,522 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
10/15/2014 10/15/14 For Sale $2,850,000 -- $1,583 / Sq Ft

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 $47,286 $4,457,073 $4,225,752 $231,321
2023 $46,183 $4,369,680 $4,142,894 $226,786
2022 $45,422 $4,284,000 $4,061,660 $222,340
2021 $31,830 $2,991,083 $2,768,149 $222,934
2020 $31,525 $2,960,414 $2,739,765 $220,649
2019 $30,869 $2,902,367 $2,686,044 $216,323
2018 $30,253 $2,845,458 $2,633,376 $212,082
2017 $29,718 $2,789,665 $2,581,741 $207,924
2016 $29,540 $2,781,785 $2,581,741 $200,044
2015 $17,572 $1,632,546 $1,401,324 $231,222
2014 $12,684 $1,175,000 $963,433 $211,567
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Laurie Paxson

    Berkshire Hathaway Home Services

    (949) 499-1320

    1 in this area

    10 Total Sales

    Laurie Paxson
    Section Image
  • Andrew Cotton

    Seller's Agent in 2021

    Andrew Cotton

    Compass

    (949) 374-1398

    3 in this area

    27 Total Sales

    Andrew Cotton
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Christopher Bellot

    Compass

    (714) 267-2837

    3 in this area

    15 Total Sales

    Christopher Bellot
    Section Image

  • K

    Seller's Agent in 2015

    Karly Brown

    Karly Brown, Broker

    (949) 723-4494

    7 Total Sales

    Karly Brown
    Section Image
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Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1119 E Balboa Blvd Unit A, Newport Beach, CA

This home is located at 1119 E Balboa Blvd Unit A, Newport Beach, CA 92661 and is currently estimated at $4,112,822, approximately $2,284 per square foot. 1119 E Balboa Blvd Unit A 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.

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