NOT LISTED FOR SALE

1500 W Balboa Blvd Newport Beach, CA 92663

Central Newport Beach Neighborhood

Estimated Value: $6,075,406

-- Bed
-- Bath
1,334 Sq Ft
$4,554/Sq Ft Est. Value

About This Home

This home is located at 1500 W Balboa Blvd, Newport Beach, CA 92663 and is currently estimated at $6,075,406, approximately $4,554 per square foot. 1500 W 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
Feb 26, 2024
Sold by
1500 Balboa M2 Llc
Bought by
1500 Balboa M2 Llc
Current Estimated Value
$6,075,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000,000
Outstanding Balance
$18,638,106
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$12,710,274

Purchase Details

Closed on
Jul 25, 2012
Sold by
Balalis Paul L and Balalis Sydney Lenore
Bought by
1500 Balboa M2 Llc

Purchase Details

Closed on
Jun 25, 1997
Sold by
Copes Wilson B and Hardy William T
Bought by
807 Lido Partners Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
1500 Balboa M2 Llc -- Chicago Title Company
1500 Balboa M2 Llc -- Fidelity National Title Co
807 Lido Partners Llc $995,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1500 Balboa M2 Llc $23,000,000
Previous Owner 1500 Balboa M2 Llc $88,000
Previous Owner Balalis Paul L $1,200,000
Previous Owner Balalis Paul L $955,000
Previous Owner Balalis Paul L $1,000,000
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 $44,971 $4,106,563 $3,621,852 $484,711
2023 $43,906 $4,026,043 $3,550,836 $475,207
2022 $43,163 $3,947,101 $3,481,211 $465,890
2021 $42,344 $3,869,707 $3,412,952 $456,755
2020 $41,935 $3,830,028 $3,377,956 $452,072
2019 $41,087 $3,754,930 $3,311,722 $443,208
2018 $40,276 $3,681,304 $3,246,786 $434,518
2017 $39,570 $3,609,122 $3,183,123 $425,999
2016 $38,691 $3,538,355 $3,120,708 $417,647
2015 $38,322 $3,485,206 $3,073,832 $411,374
2014 $37,424 $3,416,936 $3,013,620 $403,316
Source: Public Records

Map

California Orange County Newport Beach 92663 Central Newport Beach

1500 W Balboa Blvd, Newport Beach, CA

This home is located at 1500 W Balboa Blvd, Newport Beach, CA 92663 and is currently estimated at $6,075,406, approximately $4,554 per square foot. 1500 W 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.

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.

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