NOT LISTED FOR SALE

Estimated Value: $5,258,226 - $8,510,000

5 Beds
3 Baths
2,364 Sq Ft
$2,776/Sq Ft Est. Value

About This Home

This home is located at 1220 E Balboa Blvd, Newport Beach, CA 92661 and is currently estimated at $6,563,557, approximately $2,776 per square foot. 1220 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2022
Sold by
Einar Berg Raymond
Bought by
Raymond E And Lori N Berg Family Trust
Current Estimated Value
$6,563,557

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
Outstanding Balance
$625,098
Interest Rate
5%
Mortgage Type
Balloon
Estimated Equity
$4,049,439

Purchase Details

Closed on
Feb 11, 2021
Sold by
Nelson Eric Loren and Nelson Lila Doyn
Bought by
Eric L And Lila D Nelson Family Trust and Bloom

Purchase Details

Closed on
Feb 9, 2021
Sold by
Berg Lori Nelson and Krause Diana Nelson
Bought by
Berg Lori Nelson and Krause Diana Nelson

Purchase Details

Closed on
Mar 10, 2011
Sold by
Bloom Devon Nelson
Bought by
Bloom Jeffrey M and Bloom Devon N

Purchase Details

Closed on
Jun 13, 2008
Sold by
Nelson Partners Ltd
Bought by
Nelson Eric L and Nelson Lila D

Purchase Details

Closed on
Apr 23, 2008
Sold by
Berg Lori Nelson
Bought by
Berg Raymond E and Berg Lori N

Purchase Details

Closed on
Sep 14, 2007
Sold by
Nelson Partners Ltd
Bought by
Nelson Family Trust

Purchase Details

Closed on
Sep 11, 2003
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Partners Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Nelson Partners Ltd
Bought by
Nelson Eric L and Nelson Lila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2002
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Eric L and Nelson Lila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.62%

Purchase Details

Closed on
Oct 19, 2002
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Partners Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.62%

Purchase Details

Closed on
Jan 8, 2002
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Eric L and Nelson Lila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.87%

Purchase Details

Closed on
Feb 22, 2001
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Eric L and Nelson Lila D

Purchase Details

Closed on
Sep 21, 2000
Sold by
Nelson Eric L
Bought by
Nelson Eric L and Nelson Lila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,000
Interest Rate
8.4%

Purchase Details

Closed on
Dec 8, 1998
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Eric L and Nelson Lila D

Purchase Details

Closed on
Jul 6, 1995
Sold by
Nelson Eric L and Nelson Lila D
Bought by
Nelson Eric L and Nelson Lila D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,200
Interest Rate
5.87%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Eric L And Lila D Nelson Family Trust -- --
Berg Lori Nelson -- None Available
Bloom Jeffrey M -- None Available
Berg Raymond E -- None Available
Nelson Family Trust -- None Available
Nelson Partners Ltd -- --
Nelson Eric L -- Equity Title Company
Nelson Eric L -- Equity Title Company
Nelson Partners Ltd -- Equity Title Company
Nelson Eric L -- --
Nelson Eric L -- --
Nelson Eric L -- --
Nelson Eric L -- Guardian Title Company
Nelson Eric L -- --
Nelson Eric L -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Eric L $550,000
Previous Owner Nelson Eric L $550,000
Previous Owner Nelson Eric L $600,000
Previous Owner Nelson Eric L $598,000
Previous Owner Nelson Eric L $600,000
Previous Owner Nelson Eric L $600,000
Previous Owner Nelson Eric L $499,200
Source: Public Records

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 $17,473 $1,623,264 $1,450,504 $172,760
2023 $17,063 $1,591,436 $1,422,063 $169,373
2022 $16,779 $1,560,232 $1,394,180 $166,052
2021 $16,458 $1,529,640 $1,366,843 $162,797
2020 $16,300 $1,513,956 $1,352,828 $161,128
2019 $15,965 $1,484,271 $1,326,302 $157,969
2018 $15,647 $1,455,168 $1,300,296 $154,872
2017 $15,371 $1,426,636 $1,274,800 $151,836
2016 $15,027 $1,398,663 $1,249,804 $148,859
2015 $14,885 $1,377,654 $1,231,031 $146,623
2014 -- $1,350,668 $1,206,917 $143,751
Source: Public Records

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