NOT LISTED FOR SALE

1202 E Balboa Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $7,197,000 - $8,451,474

4 Beds
4 Baths
2,552 Sq Ft
$3,154/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $8,200,000 $3,213 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $49,085/month

Highlights

  • Bay View
  • Fireplace in Primary Bedroom
  • No HOA
  • Newport Elementary School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Balboa Peninsula Park

About This Home

As of February 2022

SOLD OFF MARKET - ENTERED FOR COMP PURPOSES ONLY

Last Agent to Sell the Property

Tara Shapiro

Coldwell Banker Realty License #01892201 Listed on: 02/28/2022

Coldwell Banker Realty

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,054

Year Built

  • Built in 1975

Lot Details

  • 5,100 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Bay
  • City Lights
  • Mountain

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 2 / 19
  • Tax Tract Number 105
  • Assessor Parcel Number 04816146
  • $364 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,054

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04816146
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2552.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3213.17
  • Room Type: Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • View: Bay, City Lights, Mountain(s), Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Watersports, Storm Drains, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5100.00
  • Lot Size Acres: 0.1171
  • Latitude Manual: 33.60004000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5100.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 19
  • Tax Census Tract: 628.00
  • Tax Lot: 2
  • Tax Tract Number: 105
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Nov 24, 2021
Sold by
Xana Family Limited Partnership
Bought by
S G V Property Fund Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$7,550,000
Sold Price
$7,400,000
Premium/Discount to List
-$150,000
-1.99%
Current Estimated Value
$8,048,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,619
Avg. Annual Appreciation
3.23%
Original Mortgage
$5,180,000
Outstanding Balance
$4,785,659
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,502,010
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
S G V Property Fund Llc $7,400,000 Fidelity Natl Ttl Orange Cnt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Family Trust $1,550,000
Open S G V Property Fund Llc $5,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $8,200,000 0.0% $3,213 / Sq Ft
02/28/2022 02/28/22 For Sale $8,200,000 +10.8% $3,213 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
12/27/2021 12/27/21 Sold $7,400,000 -2.0% $2,900 / Sq Ft
11/03/2021 11/03/21 For Sale $7,550,000 0.0% $2,958 / Sq Ft
01/14/2020 01/14/20 Rented $10,800 -8.5% --
12/18/2019 12/18/19 Price Changed $11,800 -12.6% $5 / Sq Ft
11/19/2019 11/19/19 Price Changed $13,500 -10.0% $5 / Sq Ft
11/07/2019 11/07/19 For Rent $14,995 -- --
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
2024 $54,054 $5,099,834 $4,844,843 $254,991
2023 $88,060 $8,364,000 $7,956,000 $408,000
2022 $78,199 $7,400,000 $7,000,000 $400,000
2021 $6,122 $547,238 $393,160 $154,078
2020 $6,063 $541,627 $389,128 $152,499
2019 $5,943 $531,007 $381,498 $149,509
2018 $5,827 $520,596 $374,018 $146,578
2017 $5,725 $510,389 $366,685 $143,704
2016 $5,599 $500,382 $359,495 $140,887
2015 $5,545 $492,866 $354,095 $138,771
2014 $5,892 $483,212 $347,159 $136,053
Source: Public Records

Agents Affiliated with this Home

  • Tara Shapiro

    Seller's Agent in 2022

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    40 in this area

    98 Total Sales

    Tara Shapiro
    Section Image

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    1 in this area

    5,732 Total Sales

    NoEmail NoEmail
    Section Image
  • Kim Bibb

    Seller's Agent in 2021

    Kim Bibb

    Pacific Sotheby's Int'l Realty

    (714) 396-0185

    53 in this area

    125 Total Sales

    Kim Bibb
    Section Image
  • Artie Dorr

    Seller's Agent in 2020

    Artie Dorr

    Balboa Realty

    (949) 500-9832

    2 in this area

    27 Total Sales

    Artie Dorr
    Section Image

  • A

    Seller Co-Listing Agent in 2020

    Aaron Batley

    Balboa Realty

    (949) 412-9055

    4 Total Sales

    Aaron Batley
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22039613

California Regional Multiple Listing Service (CRMLS)

APN: 048-161-46

California Orange County Newport Beach 92661 Balboa Peninsula Point

1202 E Balboa Blvd, Newport Beach, CA

This home is located at 1202 E Balboa Blvd, Newport Beach, CA 92661 since 28 February 2022 and is currently estimated at $8,048,619, approximately $3,153 per square foot. This property was built in 1975. 1202 E 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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