1402 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $3,953,000 - $7,841,000
4
Beds
3.5
Baths
3,145
Sq Ft
$1,861/Sq Ft
Est. Value
Highlights
- Ocean View
- Rooftop Deck
- Contemporary Architecture
- Newport Elementary School Rated A
- Primary Bedroom Suite
- Home Office
About This Home
As of August 2020Just one house from the bay, chic seaside elegance is found on three levels with tasteful finishes throughout in this simply gorgeous home. Spanning over 3,100 sq ft. on multiple levels; the main level gourmet kitchen features a large island, ideal for entertaining, that opens to the spacious dining and living room. Encompassing four bedrooms, three and a half bathrooms including a peaceful master suite with a private patio and beautiful bay views. Three generously sized guest suites make this house the perfect full time residence or beach getaway. Revel in year-round indoor/outdoor living on the rooftop deck with 360 degree views – this is the ideal setting to take in the bay breeze, sunset and city lights at night. Located in one of most coveted communities in Newport Beach and just a short walk to the Wedge, the Ferry and some of the West Coast’s best beaches.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,523
Year Built
- Built in 2002
Lot Details
- 3,100 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 1 Car Attached Garage
- 1 Carport Space
- Parking Available
Property Views
- Ocean
- Bay
Home Design
- Contemporary Architecture
- Split Level Home
- Copper Roof
- Stone Siding
Interior Spaces
- 3,145 Sq Ft Home
- Fireplace With Gas Starter
- Combination Dining and Living Room
- Home Office
- Laundry Room
Kitchen
- Breakfast Bar
- Double Oven
- Gas Range
- Dishwasher
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Outdoor Features
- Rooftop Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Community Details
- Property has a Home Owners Association
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 105
- Assessor Parcel Number 04818134
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2021
Sold by
Meppen Moshe Zev and Meppen Debra Ell
Bought by
Meppen Moshe Z and Meppen Debra E
Total Days on Market
293
Current Estimated Value
Purchase Details
Listed on
Oct 2, 2019
Closed on
Jul 13, 2020
Sold by
Simmons John P and Simmons Kristine L
Bought by
Meppen Moshe Zev and Meppen Debra Ellwood
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
List Price
$2,895,000
Sold Price
$2,725,000
Premium/Discount to List
-$170,000
-5.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$2,043,750
Outstanding Balance
$1,829,185
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,831,381
Purchase Details
Listed on
Apr 20, 2017
Closed on
Dec 7, 2017
Sold by
Rosen Edward L and Rosen Rosanne
Bought by
Simmons John P and Simmons Kristine L
Seller's Agent
Brad Hinman
Compass
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,995,000
Sold Price
$2,606,500
Premium/Discount to List
-$388,500
-12.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.72%
Original Mortgage
$1,400,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2012
Sold by
Rosen Edward and Rosen Rosanne
Bought by
Rosen Edward L and Rosen Rosanne
Purchase Details
Listed on
Aug 12, 2011
Closed on
Dec 27, 2011
Sold by
Lewinter Kevin M
Bought by
Rosen Edward and Rosen Rosanne
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jeff Jones
Douglas Elliman Of California
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$1,500,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 16, 2003
Sold by
Cooper Colin
Bought by
Pioneer Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,750
Interest Rate
5.61%
Mortgage Type
Unknown
Purchase Details
Closed on
May 13, 2003
Sold by
Pioneer Builders Inc
Bought by
Lewinter Kevin M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,750
Interest Rate
5.61%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 23, 2002
Sold by
Pioneer Builders Inc
Bought by
Cooper Colin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
5.99%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Meppen Moshe Z | -- | None Available | |
| Meppen Moshe Zev | $2,725,000 | Fidelity National Title | |
| Simmons John P | $2,606,500 | Fidelity National Title | |
| Rosen Edward L | -- | None Available | |
| Rosen Edward | $2,100,000 | First American Title Company | |
| Pioneer Builders Inc | -- | -- | |
| Lewinter Kevin M | $2,095,000 | Fidelity National Title Co | |
| Cooper Colin | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meppen Moshe Zev | $2,043,750 | |
| Previous Owner | Simmons John P | $500,000 | |
| Previous Owner | Simmons John P | $300,000 | |
| Previous Owner | Simmons John P | $1,400,000 | |
| Previous Owner | Rosen Edward | $1,500,000 | |
| Previous Owner | Lewinter Kevin M | $770,750 | |
| Previous Owner | Pioneer Builders Inc | $283,000 | |
| Previous Owner | Cooper Colin | $1,596,000 | |
| Previous Owner | Pioneer Builders Inc | $25,000 | |
| Previous Owner | Pioneer Builders Inc | $400,000 | |
| Previous Owner | Pioneer Builders Inc | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2020 08/24/20 | Sold | $2,725,000 | -5.9% | $866 / Sq Ft |
| 07/21/2020 07/21/20 | Pending | -- | -- | -- |
| 05/04/2020 05/04/20 | For Sale | $2,895,000 | +6.2% | $921 / Sq Ft |
| 03/26/2020 03/26/20 | Off Market | $2,725,000 | -- | -- |
| 02/10/2020 02/10/20 | Price Changed | $2,895,000 | -9.4% | $921 / Sq Ft |
| 10/02/2019 10/02/19 | For Sale | $3,195,000 | +22.6% | $1,016 / Sq Ft |
| 01/16/2018 01/16/18 | Sold | $2,606,500 | -5.0% | $829 / Sq Ft |
| 12/08/2017 12/08/17 | Pending | -- | -- | -- |
| 08/23/2017 08/23/17 | Price Changed | $2,745,000 | -3.5% | $873 / Sq Ft |
| 05/24/2017 05/24/17 | Price Changed | $2,845,000 | -5.0% | $905 / Sq Ft |
| 04/20/2017 04/20/17 | For Sale | $2,995,000 | +42.6% | $952 / Sq Ft |
| 02/06/2012 02/06/12 | Sold | $2,100,000 | -6.7% | $668 / Sq Ft |
| 10/17/2011 10/17/11 | Price Changed | $2,250,000 | -2.0% | $715 / Sq Ft |
| 08/12/2011 08/12/11 | For Sale | $2,295,000 | -- | $730 / 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 |
|---|---|---|---|---|
| 2024 | $30,523 | $2,863,440 | $2,183,258 | $680,182 |
| 2023 | $29,809 | $2,807,295 | $2,140,449 | $666,846 |
| 2022 | $29,316 | $2,752,250 | $2,098,479 | $653,771 |
| 2021 | $29,035 | $2,725,000 | $2,077,701 | $647,299 |
| 2020 | $28,911 | $2,711,802 | $2,056,204 | $655,598 |
| 2019 | $28,311 | $2,658,630 | $2,015,886 | $642,744 |
| 2018 | $24,717 | $2,318,201 | $1,709,130 | $609,071 |
| 2017 | $24,279 | $2,272,747 | $1,675,618 | $597,129 |
| 2016 | $23,733 | $2,228,184 | $1,642,763 | $585,421 |
| 2015 | $23,510 | $2,194,715 | $1,618,087 | $576,628 |
| 2014 | $22,956 | $2,151,724 | $1,586,391 | $565,333 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2020
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
124 Total Sales
-
Brad Hinman
Seller's Agent in 2018
Brad Hinman
Compass
(949) 246-3221
36 Total Sales
-
Jennifer Stock
Seller Co-Listing Agent in 2018
Jennifer Stock
Compass
(949) 290-0227
13 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2018
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,589 Total Sales
-
J
Buyer's Agent in 2012
Jeff Jones
Douglas Elliman Of California
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19232597
APN: 048-181-34
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