NOT LISTED FOR SALE

121 E Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $2,064,000 - $3,375,000

1 Bed
1 Bath
1,084 Sq Ft
$2,379/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2012

Last sale price $825,000 $761 Per Sq Ft

Est. 213% increase in value since last sale

Current estimated payment $14,986 / mo

3 Days on Market

Highlights

  • Wood Siding
  • Newport Elementary School Rated A
  • No Heating

About This Home

As of May 2012

This is a trust sale. Property sold 'as is'. Legal non-conforming duplex zoned R-1. Property sold as tear down with no repairs. Inspection with accepted offer. Do not disturb tenants. Lot size per assessor is 30 X 70. Please allow a fews days for responce of any offer. PLEASE DO NOT DISTURB TENANTS. SOLD AS IS. Underground assesment assumed by buyer.

Last Agent to Sell the Property

Jim Jacobs

Jim Jacobs Realty License #00868230 Listed on: 05/04/2012

Last Buyer's Agent

Steve Sanders

CRMLS Member Transfer License #01002120

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 2,100 Sq Ft Lot
  • Property fronts an alley

Home Design

  • 1,084 Sq Ft Home
  • Composition Roof
  • Wood Siding

Parking

  • 2 Parking Spaces
  • Public Parking
  • Community Parking Structure

Utilities

  • No Heating

Listing and Financial Details

  • Tax Block 11
  • Tax Tract Number 219
  • Assessor Parcel Number 04807416

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $500
  • Insurance Expense $1,700
  • Water Sewer Expense $500
  • New Taxes Expense $8,600
  • Gross Income $2,975

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

2,100 Sq Ft Lot

Listing Details

  • Assessments: No
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 04807416
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 761.07

Exterior Features

  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Community Structure, Public
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Fuel Expense: 500.00
  • Gross Income: 2975.00
  • Gross Multiplier: 23.22
  • Gross Scheduled Income: 35700.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • New Taxes Expense: 8600.00
  • Tax Area: 07001
  • Tax Block: 11
  • Tax Lot: 0.
  • Tax Tract Number: 219

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Bought by
Current Estimated Value
$2,579,274

Purchase Details

Listed on
May 4, 2012
Closed on
May 21, 2012
Sold by
Bought by
Seller's Agent
Jim Jacobs
Jim Jacobs Realty
Buyer's Agent
Steve Sanders
CRMLS Member Transfer
List Price
$829,000
Sold Price
$825,000
Premium/Discount to List
-$4,000
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$825,000 Stewart Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/21/2012 05/21/12 Sold $825,000 -0.5% $761 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $829,000 -- $765 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,575 $1,421,738 $1,367,057 $54,681
2024 $15,575 $1,393,861 $1,340,252 $53,609
2023 $15,456 $1,366,531 $1,313,973 $52,558
2022 $15,126 $1,339,737 $1,288,209 $51,528
2021 $15,050 $1,313,468 $1,262,950 $50,518
2020 $11,198 $947,513 $921,165 $26,348
2019 $10,998 $928,935 $903,103 $25,832
2018 $10,860 $910,721 $885,395 $25,326
2017 $10,681 $892,864 $868,034 $24,830
2016 $10,471 $875,357 $851,013 $24,344
2015 $10,535 $862,209 $838,230 $23,979
2014 $10,299 $845,320 $821,810 $23,510
Source: Public Records

Agents Affiliated with this Home

  • Jim Jacobs

    Seller's Agent in 2012

    Jim Jacobs

    Jim Jacobs Realty

    (949) 689-4200

    11 Total Sales

    Jim Jacobs
    Section Image

  • S

    Buyer's Agent in 2012

    Steve Sanders

    CRMLS Member Transfer

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001812

California Regional Multiple Listing Service (CRMLS)

APN: 048-074-16

California Orange County Newport Beach 92661 Central Newport Beach

121 E Balboa Blvd, Newport Beach, CA

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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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