Landlord's Agent in 2024
Kristin Balalis
Century 21 Masters
(909) 771-8040
28 Total Sales
1225 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $5,981,242
3
Beds
2.5
Baths
2,293
Sq Ft
$2,608/Sq Ft
Est. Value
Highlights
- Ocean Front
- Corner Lot
- Open to Family Room
- Newport Elementary School Rated A
- No HOA
- Family Room Off Kitchen
About This Home
As of February 2024The relaxed coastal lifestyle awaits you with this Newport Beach oceanfront 12 month lease at 1225 E. Balboa Blvd! A rare opportunity to live a few steps from the sand on the Balboa Peninsula with all that it offers. This 3 bedroom 2.5 bath home features the best of indoor outdoor living! Enjoy cool ocean breezes and brilliant sunsets on the spacious oceanfront patio, a natural extension of the living room. The living/dining room, filled with windows and natural light, and a fireplace, is an ideal gathering or entertaining space. Great layout with the kitchen opening to a formal dining room and separate family room. Deck off the kitchen for grilling, outdoor workouts or relaxing. 3 upstairs bedrooms, two with sweeping ocean views, the third has it's own balcony with bay views. Rare enclosed backyard space, and ground level storage/bonus room. Indoor laundry room off the kitchen, washer and dryer included. 2 car garage plus driveway parking and an electric vehicle outlet. Separate entry bonus room for storage. Unfinished basement and garage provide lots of extra storage space as well. Located a short walk to the Balboa Ferry, Balboa Island, and the Wedge. Get out on the water in the beautiful Newport Harbor and bike to shops and restaurants near Lido Island. This is an amazing location and your unique opportunity to make lifelong memories with friends and family, living on the oceanfront!
Last Agent to Rent the Property
Century 21 Masters License #01401093 Listed on: 01/30/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1921
Lot Details
- 2,494 Sq Ft Lot
- Ocean Front
- Brick Fence
- Corner Lot
- Back Yard
Parking
- 2 Car Attached Garage
- Parking Available
- Tandem Garage
- Single Garage Door
Property Views
- Ocean
- Bay
Home Design
- Entry on the 1st floor
Interior Spaces
- 2,293 Sq Ft Home
- 2-Story Property
- Built-In Features
- Drapes & Rods
- Blinds
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Combination Dining and Living Room
- Laminate Flooring
- Unfinished Basement
- Utility Basement
- Laundry in unit
Kitchen
- Open to Family Room
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Concrete Porch or Patio
- Exterior Lighting
Location
- Suburban Location
Schools
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Water Heater
Listing and Financial Details
- Security Deposit $10,500
- 12-Month Minimum Lease Term
- Available 3/1/24
- Legal Lot and Block 12 / 20
- Tax Tract Number 105
- Assessor Parcel Number 04816311
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Water Sports
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
Oct 29, 2014
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jan 29, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 | ||
| -- | First American Title Company | ||
| -- | First American Title Company |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $417,000 |
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 |
|---|---|---|---|---|
| 02/24/2024 02/24/24 | Rented | $10,500 | 0.0% | -- |
| 01/30/2024 01/30/24 | For Rent | $10,500 | +34.6% | -- |
| 07/01/2019 07/01/19 | Rented | $7,800 | -5.5% | -- |
| 06/17/2019 06/17/19 | Under Contract | -- | -- | -- |
| 05/29/2019 05/29/19 | Price Changed | $8,250 | -10.8% | $4 / Sq Ft |
| 04/30/2019 04/30/19 | For Rent | $9,250 | +5.7% | -- |
| 02/01/2017 02/01/17 | Rented | $8,750 | 0.0% | -- |
| 01/31/2017 01/31/17 | Under Contract | -- | -- | -- |
| 01/22/2017 01/22/17 | For Rent | $8,750 | -- | -- |
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 | $6,615 | $603,077 | $323,462 | $279,615 |
| 2024 | $6,615 | $591,252 | $317,119 | $274,133 |
| 2023 | $6,457 | $579,659 | $310,901 | $268,758 |
| 2022 | $6,346 | $568,294 | $304,805 | $263,489 |
| 2021 | $6,226 | $557,151 | $298,828 | $258,323 |
| 2020 | $6,166 | $551,439 | $295,764 | $255,675 |
| 2019 | $6,044 | $540,627 | $289,965 | $250,662 |
| 2018 | $5,926 | $530,027 | $284,279 | $245,748 |
| 2017 | $5,822 | $519,635 | $278,705 | $240,930 |
| 2016 | $5,694 | $509,447 | $273,241 | $236,206 |
| 2015 | $5,639 | $501,795 | $269,137 | $232,658 |
| 2014 | $5,507 | $491,966 | $263,865 | $228,101 |
Source: Public Records
Agents Affiliated with this Home
-
Kristin Balalis
-
Mike Ferraiz
M
Tenant's Agent in 2024
Mike Ferraiz
The Kennedy Group
(714) 598-4818
7 Total Sales
-
Vicki Lee
Seller's Agent in 2019
Vicki Lee
Compass
(949) 466-3224
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24019364
APN: 048-163-11
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.
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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