1351 E Balboa Blvd Unit 1 Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $2,332,412 - $3,130,000
3
Beds
2
Baths
1,400
Sq Ft
$129/mo
HOA Fee
Highlights
- Bay View
- All Bedrooms Downstairs
- Cape Cod Architecture
- Newport Elementary School Rated A
- Open Floorplan
- Wood Flooring
About This Home
As of May 2015Steps from the sand, this immaculate three bedroom, two bath home with refined beach-chic aesthetic is move-in ready! Newer construction condominium affords easy living at the beach - whether looking for a lock-and-leave beach retreat, or income producing short-term vacation rental unit. Open living and dining areas replete with hardwood flooring, fireplace, and French doors leading to large wrap around brick patio with peek-a-boo view to bay. Well-equipped cook's kitchen with breakfast bar, marble counters and stainless appliance package. Master bedroom suite with seaside-inspired touches, his and hers closets, double vanity and separate shower area. Gracious guest suite or optional library/den. Third bedroom and adjacent bath. Private built-in BBQ, attached garage with storage, and additional covered carport. Sited one door from the oceanfront and just a short half block from the bay, this represents a fantastic vacation home opportunity with the added benefit of a strong rental income history. Don't miss this chance to live seaside at "The Point".
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 04/23/2015
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $19,927
Year Built
- Built in 2008
Lot Details
- 1 Common Wall
- Paved or Partially Paved Lot
- Drip System Landscaping
HOA Fees
- $129 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Attached Carport Space
- Parking Available
- Single Garage Door
- Shared Driveway
Property Views
- Bay
- Peek-A-Boo
Home Design
- Cape Cod Architecture
- Turnkey
- Brick Exterior Construction
- Composition Roof
- Stucco
Interior Spaces
- 1,400 Sq Ft Home
- Open Floorplan
- Wired For Data
- Ceiling Fan
- Fireplace With Gas Starter
- French Doors
- Great Room
- Living Room with Fireplace
- Wood Flooring
- Home Security System
Kitchen
- Built-In Range
- Indoor Grill
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
- Outdoor Grill
Location
- Urban Location
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Underground Utilities
- Gas Water Heater
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 6466
- Assessor Parcel Number 93050425
Community Details
Overview
- Master Insurance
- 2 Units
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 20, 2023
Sold by
Berndt Carolyn A
Bought by
Carolyn A Berndt Trust and Berndt
Total Days on Market
11
Current Estimated Value
Purchase Details
Closed on
Aug 10, 2023
Sold by
Berndt National Investments Llc
Bought by
Berndt Carolyn A
Purchase Details
Closed on
Sep 24, 2015
Sold by
Berndt Roland R and Berndt Carolyn A
Bought by
Berndt National Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Apr 23, 2015
Closed on
May 22, 2015
Sold by
Greenberg Adam and Greenberg Debra
Bought by
Berndt National Investments Llc
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Jon Pugh
eXp Realty of California
List Price
$1,595,000
Sold Price
$1,600,000
Premium/Discount to List
$5,000
0.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Purchase Details
Closed on
Jan 6, 2009
Sold by
Tommy Balboa Llc
Bought by
Greenberg Adam and Greenberg Debra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carolyn A Berndt Trust | -- | None Listed On Document | |
| Berndt Carolyn A | -- | None Listed On Document | |
| Berndt National Investments Llc | -- | Accommodation | |
| Berndt Roland R | -- | None Available | |
| Berndt National Investments Llc | $1,600,000 | Chicago Title Company | |
| Greenberg Adam | $1,250,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Berndt National Investments Llc | $895,000 | |
| Previous Owner | Berndt Roland R | $1,000,000 | |
| Previous Owner | Greenberg Adam | $806,534 | |
| Previous Owner | Greenberg Adam | $812,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2015 05/29/15 | Sold | $1,600,000 | +0.3% | $1,143 / Sq Ft |
| 05/04/2015 05/04/15 | Pending | -- | -- | -- |
| 04/23/2015 04/23/15 | For Sale | $1,595,000 | 0.0% | $1,139 / Sq Ft |
| 08/06/2014 08/06/14 | Rented | $5,100 | -2.9% | -- |
| 08/06/2014 08/06/14 | For Rent | $5,250 | +5.0% | -- |
| 09/01/2013 09/01/13 | Rented | $5,000 | 0.0% | -- |
| 08/28/2013 08/28/13 | Under Contract | -- | -- | -- |
| 08/08/2013 08/08/13 | For Rent | $5,000 | -2.9% | -- |
| 08/22/2012 08/22/12 | Rented | $5,150 | +3.0% | -- |
| 08/07/2012 08/07/12 | Under Contract | -- | -- | -- |
| 07/23/2012 07/23/12 | For Rent | $5,000 | -- | -- |
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 | $19,927 | $1,856,934 | $1,571,812 | $285,122 |
| 2023 | $19,460 | $1,820,524 | $1,540,992 | $279,532 |
| 2022 | $19,136 | $1,784,828 | $1,510,777 | $274,051 |
| 2021 | $18,770 | $1,749,832 | $1,481,154 | $268,678 |
| 2020 | $18,590 | $1,731,890 | $1,465,966 | $265,924 |
| 2019 | $18,207 | $1,697,932 | $1,437,222 | $260,710 |
| 2018 | $17,844 | $1,664,640 | $1,409,041 | $255,599 |
| 2017 | $17,529 | $1,632,000 | $1,381,412 | $250,588 |
| 2016 | $17,136 | $1,600,000 | $1,354,325 | $245,675 |
| 2015 | $14,477 | $1,339,355 | $1,077,849 | $261,506 |
| 2014 | $14,136 | $1,313,119 | $1,056,735 | $256,384 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
Seller's Agent in 2015
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
-
Jon Pugh
Buyer's Agent in 2015
Jon Pugh
eXp Realty of California
(949) 423-6911
35 Total Sales
-
Ron Millar
Buyer's Agent in 2014
Ron Millar
Arbor Real Estate
(949) 233-8080
3 in this area
46 Total Sales
-
Buyer's Agent in 2013
Troy Hall
Nationwide Real Estate Execs
(949) 759-2033
9 Total Sales
-
Kristin Barry
Buyer's Agent in 2012
Kristin Barry
Arbor Real Estate
(949) 235-8921
1 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15086054
APN: 930-504-25
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