1202 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
4
Beds
4
Baths
2,552
Sq Ft
5,100
Sq Ft Lot
Highlights
- Docks
- Property Fronts a Bay or Harbor
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- Boat Slip
- 5-minute walk to Balboa Peninsula Park
About This Home
As of February 2022Welcome to 1202 East Balboa Blvd., a one of a kind opportunity on the Balboa Peninsula Bayfront. Never offered before, this classic coastal home features 4 bedrooms and 4 bathrooms and a generous 70' dock. Light and bright in every room, you’ll enjoy simple seaside elegance throughout the home, with both levels inviting an abundance of natural light. The master suite boasts a fireplace and wall of windows overlooking the harbor and coastal lights, while three generously sized guest rooms with one on the main level make this home ideal for hosting guests. On the main level you will also enjoy a gracious living room, a brick fireplace and a dining area with perfectly framed views of the bay from every window. The bay breeze can be enjoyed from the spacious living area, which unfolds onto a sizable rear patio, completing the ultimate bayfront experience. Use now as a placeholder while you reimagine your dream home, this is truly a historic offering in a landmark location.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 11/03/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $54,054
Year Built
- Built in 1975
Lot Details
- 5,100 Sq Ft Lot
- Property Fronts a Bay or Harbor
- East Facing Home
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Frame Construction
Interior Spaces
- 2,552 Sq Ft Home
- 2-Story Property
- Bay Window
- Family Room with Fireplace
- Bay Views
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
Outdoor Features
- Boat Slip
- Docks
- Patio
- Exterior Lighting
Utilities
- Forced Air Heating System
Listing and Financial Details
- Legal Lot and Block 2 / 19
- Tax Tract Number 105
- Assessor Parcel Number 04816146
- $360 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Bike Trail
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
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
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 | $7,400,000 | Fidelity Natl Ttl Orange Cnt |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,550,000 | New Conventional | |
| Open | $5,180,000 | Purchase Money Mortgage |
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
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
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
None MRML
(646) 541-2551
1 in this area
5,732 Total Sales
-
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
-
Artie Dorr
Seller's Agent in 2020
Artie Dorr
Balboa Realty
(949) 500-9832
2 in this area
27 Total Sales
-
Aaron Batley
A
Seller Co-Listing Agent in 2020
Aaron Batley
Balboa Realty
(949) 412-9055
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP21191439
APN: 048-161-46
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