NOT LISTED FOR SALE

1501 E Balboa Blvd Unit 1 Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood
5 Beds
4 Baths
3,045 Sq Ft
4,356 Sq Ft Lot

Last Sold July 11, 2013

Last sale price $1,675,000 $550 Per Sq Ft

62 Days on Market

Highlights

  • Rooftop Deck
  • Bay View
  • Traditional Architecture
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • Wood Flooring

About This Home

As of July 2013

LIVE ON BALBOA PENINSULA POINT IN THIS BEAUTIFUL DUPLEX. THIS IS A PRIDE OF OWNERSHIP PROPERTY IN A GREAT LOCATION. THIS 5 BEDROOM 4 BATH IS UPGRADED IN EVERY ROOM! THE OWNERS UNIT FEATURES 3 BEDROOMS AND 2 BATHS, A DEN AND 4 VIEW DECKS. THE ROOF DECK HAS A VIEW OF THE BAY. THE LOWER LARGE 2 BEDROOM 2 BATH UNIT HAS A WRAP AROUND PATIO AND DIRECT ACCESS INTO THE GARAGE AND LAUNDRY AREA. THE UNITS INCLUDE STONE OR WOOD FLOORS, NEWER KITCHENS WITH GRANITE COUNTERS, FRENCH DOORS AND NEWER BATHROOMS WITH CUSTOM CABINETRY. BRICK FIREPLACES ACCENT THE LIVING ROOMS, AND THE MASTER BEDROOM HAS CEDAR LINED CLOSETS AND CUSTOM LIGHTING. THE LOCATION ADJOINS THE CHARMING PARK WHICH ALLOWS FOR ADDITIONAL CURBSIDE PARKING, WALK OR BIKE TO THE BAY OR THE BEACH JUST A MINUTE AWAY. VOLUNTARY BALBOA PENINSULA ASSOCIATION(ONLY $75/YR) PROVIDES BBQ AREA, BAY/BEACH BOATING FACILITIES. 4 CAR GARAGE, OWNER HAS 2 SPACES AND RENTAL HAS TANDUM PARKING. BOTH UNITS HAVE THEIR OWN LAUNDRY. THIS PROPERTY ALSO QUALIFIES FOR WEEKLY RENTAL WITH A PERMIT. CURRENT RENT FOR THE 2/2 BATH IS $2500/MO AND SHOWN BY APPOINTMENT.

Last Agent to Sell the Property

Albert Ricci

Ricci Realty License #01011606 Listed on: 03/27/2013

Last Buyer's Agent

JOSEPH MARTELLI

Joseph Martelli R E Invst Inc License #00765446

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • West Facing Home
  • Corner Lot
  • Irregular Lot
  • Property is zoned R-2

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,045 Sq Ft Home
  • 2-Story Property
  • Awning
  • French Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Bay Views

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Rooftop Deck
  • Patio
  • Wrap Around Porch

Location

  • Suburban Location

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / J
  • Tax Tract Number 518
  • Assessor Parcel Number 04819119

Home Details

Home Type

Single Family

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: REFRIGERATOR UPSTAIRS
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula Point (BLPP)
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04819119
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3045.00
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 550.08
  • Room Type: Master Suite, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Awning(s)
  • View: Bay
  • Patio And Porch Features: Deck, Roof Top, Wrap Around
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Garage - Three Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Range Hood
  • Heating Type: Central
  • Laundry Features: In Garage, Upper Level
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Irregular Lot, Corner Lot
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: J
  • Tax Lot: 1
  • Tax Tract Number: 518

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2013 07/11/13 Sold $1,675,000 -6.9% $550 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $1,799,995 -- $591 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Albert Ricci

    Seller's Agent in 2013

    Albert Ricci

    Ricci Realty

    (714) 231-6058

    173 Total Sales

    Albert Ricci
    Section Image

  • J

    Buyer's Agent in 2013

    JOSEPH MARTELLI

    Joseph Martelli R E Invst Inc

    (714) 778-5300

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13053291

California Regional Multiple Listing Service (CRMLS)

California Orange County Newport Beach 92661 Balboa Peninsula Point

1501 E Balboa Blvd Unit 1, Newport Beach, CA

This home is located at 1501 E Balboa Blvd Unit 1, Newport Beach, CA 92661 since 27 March 2013. This property was built in 1975. 1501 E Balboa Blvd Unit 1 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.

California Regional Multiple Listing Service (CRMLS) 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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