1506 Balboa Blvd Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $6,078,000 - $7,751,000
4
Beds
4.5
Baths
3,164
Sq Ft
$2,263/Sq Ft
Est. Value
Highlights
- Bay View
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Newport Elementary School Rated A
- Cape Cod Architecture
- Recreation Room
About This Home
As of July 2016Stunning brand new home on Peninsula Point just steps to the bay. Spanning three levels and over 3,100 sq. ft., chic seaside elegance is found throughout with high ceilings and inviting, sunlit rooms, clad in tasteful finishes – an inviting Dutch door, Carrara marble, white oak hardwood floors, copper gutters, and a tank-less water heater. Revel in year-round indoor/outdoor living in a bright central atrium courtyard off the main level kitchen and living room. The residence’s 4 bedrooms and 4.5 bathrooms include a spacious master suite with a large master bathroom featuring dual vanities, an additional den, and a third story entertainment loft with access to the rooftop deck. Bay views can be enjoyed from the rooftop deck and second floor. Located in one of most coveted communities in Newport Beach, Peninsula Point, this location is a short walk to the Wedge, the Channel, the Ferry and Fun Zone, and some of the West Coast’s best beaches. A 2-car garage completes this fabulous beach home.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 06/21/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,703
Year Built
- Built in 2016
Lot Details
- 2,700
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Bay
- City Lights
Home Design
- Cape Cod Architecture
Interior Spaces
- 3,164 Sq Ft Home
- 3-Story Property
- Built-In Features
- Family Room
- Living Room with Fireplace
- Home Office
- Recreation Room
- Wood Flooring
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Cooktop
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Outdoor Features
- Balcony
- Enclosed patio or porch
Additional Features
- 2,700 Sq Ft Lot
- Central Air
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2017
Sold by
James John R and James Diana E
Bought by
Chase Brian D and Brian D Chase Trust
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,453,750
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 21, 2016
Closed on
Jul 11, 2016
Sold by
Rjc Family Holding Llc
Bought by
James John R and James Diana E
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$3,795,000
Sold Price
$3,700,000
Premium/Discount to List
-$95,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chase Brian D | $3,775,000 | Chicago Title Co | |
| James John R | $3,700,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chase Brian D | $2,295,000 | |
| Closed | Chase Brian Doster | $500,000 | |
| Closed | Chase Brian D | $400,000 | |
| Closed | Chase Brian D | $2,453,750 | |
| Previous Owner | Chase Brian D | $2,453,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2016 07/18/16 | Sold | $3,700,000 | -2.5% | $1,169 / Sq Ft |
| 06/21/2016 06/21/16 | For Sale | $3,795,000 | -- | $1,199 / 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 | $44,703 | $4,211,083 | $3,004,173 | $1,206,910 |
| 2023 | $43,659 | $4,128,513 | $2,945,267 | $1,183,246 |
| 2022 | $42,939 | $4,047,562 | $2,887,516 | $1,160,046 |
| 2021 | $42,115 | $3,968,199 | $2,830,899 | $1,137,300 |
| 2020 | $41,711 | $3,927,510 | $2,801,871 | $1,125,639 |
| 2019 | $40,841 | $3,850,500 | $2,746,932 | $1,103,568 |
| 2018 | $40,025 | $3,775,000 | $2,693,070 | $1,081,930 |
| 2017 | $39,306 | $3,700,000 | $2,611,209 | $1,088,791 |
| 2016 | $21,164 | $1,983,374 | $1,553,302 | $430,072 |
| 2015 | $16,171 | $1,529,970 | $1,529,970 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2016
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
123 Total Sales
-
Robert Giem
R
Buyer's Agent in 2016
Robert Giem
Plus Real Estate
(949) 933-7046
3 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP16134294
APN: 048-182-26
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