Seller's Agent in 2020
Summer Perry
Compass
(949) 375-9074
7 in this area
131 Total Sales
123 E Balboa Blvd Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $3,519,000 - $4,272,000
3
Beds
2.5
Baths
2,033
Sq Ft
$1,915/Sq Ft
Est. Value
Highlights
- Beach Front
- Marina
- Property has ocean access
- Newport Elementary School Rated A
- White Water Ocean Views
- Rooftop Deck
About This Home
As of December 2020Do not miss your opportunity to own a TURN KEY luxury seaside abode on the Balboa Peninsula. This toes-in-the-sand property is only 30 feet from the boardwalk and three blocks to the Balboa Pier where the Fun Zone and Duffy boat rentals await. 123 East Balboa Boulevard offers ocean and Newport Coast views from the generously sized rooftop deck complete with a built in BBQ. The first level of this beach-chic home offers an open concept floor plan perfect for entertaining and hosting year-round. Inclusive of numerous designer upgrades such as European hardwood floors, painted and wallpapered accent walls, crisp white crown mouldings and baseboards, and absolute black leathered countertops in the gourmet kitchen, the FUN VIBE of this home will make you feel like you LIVE WHERE OTHERS VACATION! The second level of this home offers two large guest suites with a hall bathroom as well as a Zen-like master suite complete with a jetted tub, steam shower and built in sauna. Additional amenities include convenient parking for up to 3 cars and central heating and air conditioning to make even the warmest summer nights cool and the crisp winter air cozy and comfortable. Welcome yourself home to 123 East Balboa Boulevard!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,463
Year Built
- Built in 1996 | Remodeled
Lot Details
- 2,100 Sq Ft Lot
- Beach Front
- Masonry wall
- Wood Fence
- Fence is in excellent condition
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- 1 Attached Carport Space
- Parking Available
- Two Garage Doors
- Garage Door Opener
- Parking Lot
Property Views
- White Water Ocean
- Coastline
- City Lights
- Neighborhood
Home Design
- Cape Cod Architecture
- Turnkey
- Additions or Alterations
- Slab Foundation
Interior Spaces
- 2,033 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Bar
- Chair Railings
- Crown Molding
- Wainscoting
- Recessed Lighting
- Double Pane Windows
- Plantation Shutters
- Custom Window Coverings
- Blinds
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room
- Storage
- Sauna
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Gas Oven
- Built-In Range
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Built-In Trash or Recycling Cabinet
- Utility Sink
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Upgraded Bathroom
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
- More Than Two Accessible Exits
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Enclosed Patio or Porch
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 219
- Assessor Parcel Number 04807415
Community Details
Overview
- No Home Owners Association
- Balboa Peninsula Subdivision
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2023
Sold by
Scarsi Mark C and Scarsi Laura R
Bought by
Mark Christopher Scarsi And Laura Rae Scarsi
Current Estimated Value
Purchase Details
Listed on
Nov 8, 2020
Closed on
Nov 20, 2020
Sold by
Feldkamp Irving Moore and Feldkamp Jessica Lynn
Bought by
Scarsi Mark C and Scarsi Laura R
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Kayla DeStefano
Pacific Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,314,000
Premium/Discount to List
-$81,000
-3.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Purchase Details
Listed on
Jul 12, 2013
Closed on
Aug 21, 2013
Sold by
Shields Steven C
Bought by
Feldkamp Irving Moore and Feldkamp Jessica Lynn
Seller's Agent
Robert Wolff
Harcourts Prime Properties
Buyer's Agent
Kelley Ehrler
CENTURY 21 LOIS LAUER REALTY
List Price
$1,725,000
Sold Price
$1,680,000
Premium/Discount to List
-$45,000
-2.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$1,260,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2001
Sold by
Vento Carmine and Vento Ann M
Bought by
Shields Steven C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7.25%
Purchase Details
Closed on
Aug 30, 1999
Sold by
Depauw H and Beverly
Bought by
Vento Carmine and Vento Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.87%
Purchase Details
Closed on
Nov 17, 1995
Sold by
Webb Mildred Marie
Bought by
Depauw H K H and Depauw Beverly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
7.42%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mark Christopher Scarsi And Laura Rae Scarsi | -- | None Listed On Document | |
| Scarsi Mark C | $2,300,000 | Wfg Title Company | |
| Feldkamp Irving Moore | $1,680,000 | Chicago Title Company | |
| Shields Steven C | $795,000 | First American Title Ins Co | |
| Vento Carmine | $675,000 | First American Title Ins Co | |
| Depauw H K H | $209,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Feldkamp Irving Moore | $1,260,000 | |
| Previous Owner | Shields Steven C | $100,000 | |
| Previous Owner | Shields Steven C | $100,000 | |
| Previous Owner | Shields Steven C | $750,000 | |
| Previous Owner | Shields Steven C | $300,000 | |
| Previous Owner | Shields Steven | $650,000 | |
| Previous Owner | Shields Steven C | $640,000 | |
| Previous Owner | Shields Steven C | $636,000 | |
| Previous Owner | Vento Carmine | $350,000 | |
| Previous Owner | Depauw H K H | $156,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $2,314,000 | -3.4% | $1,138 / Sq Ft |
| 11/15/2020 11/15/20 | Pending | -- | -- | -- |
| 11/08/2020 11/08/20 | For Sale | $2,395,000 | +42.6% | $1,178 / Sq Ft |
| 08/23/2013 08/23/13 | Sold | $1,680,000 | -2.6% | $840 / Sq Ft |
| 07/12/2013 07/12/13 | For Sale | $1,725,000 | -- | $863 / Sq Ft |
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 |
|---|---|---|---|---|
| 2025 | $26,463 | $2,489,593 | $2,255,768 | $233,825 |
| 2024 | $26,463 | $2,440,778 | $2,211,537 | $229,241 |
| 2023 | $26,094 | $2,392,920 | $2,168,173 | $224,747 |
| 2022 | $25,616 | $2,346,000 | $2,125,659 | $220,341 |
| 2021 | $25,314 | $2,300,000 | $2,083,979 | $216,021 |
| 2020 | $20,913 | $1,883,101 | $1,663,102 | $219,999 |
| 2019 | $20,505 | $1,846,178 | $1,630,492 | $215,686 |
| 2018 | $20,186 | $1,809,979 | $1,598,522 | $211,457 |
| 2017 | $19,831 | $1,774,490 | $1,567,179 | $207,311 |
| 2016 | $19,412 | $1,739,697 | $1,536,450 | $203,247 |
| 2015 | $19,393 | $1,713,566 | $1,513,371 | $200,195 |
| 2014 | $18,947 | $1,680,000 | $1,483,726 | $196,274 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2020
Jessica Bailey
Compass
(949) 280-7135
6 in this area
54 Total Sales
-
Buyer's Agent in 2020
Kayla DeStefano
Pacific Sotheby's International Realty
(949) 290-7190
1 in this area
27 Total Sales
-
Seller's Agent in 2013
Robert Wolff
Harcourts Prime Properties
(949) 599-1700
227 Total Sales
-
Buyer's Agent in 2013
Kelley Ehrler
CENTURY 21 LOIS LAUER REALTY
(909) 748-7000
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP20234639
APN: 048-074-15
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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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