NOT LISTED FOR SALE

1516 E Ocean Blvd Unit A Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $2,812,000 - $4,748,000

3 Beds
2 Baths
1,795 Sq Ft
$2,230/Sq Ft Est. Value

About This Home

This home is located at 1516 E Ocean Blvd Unit A, Newport Beach, CA 92661 and is currently estimated at $4,002,711, approximately $2,229 per square foot. 1516 E Ocean Blvd Unit A 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
Sep 21, 2021
Sold by
Fahmy Disa Samir and Fahmy Odette Youssef
Bought by
Salloum Youssef and Salloum Caitlyn
Current Estimated Value
$4,002,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,568,750
Outstanding Balance
$2,387,733
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,907,584

Purchase Details

Closed on
Jan 2, 2020
Sold by
Security Eat 304 Inc
Bought by
Fahmy Diaa Samir and Fahmy Odette Youssef

Purchase Details

Closed on
Jul 9, 2019
Sold by
Fahmy Diaa Samir and Fahmy Odette Youssef
Bought by
Security Eat 304 Inc

Purchase Details

Closed on
May 8, 2014
Sold by
Fahmy Diaa Samir and Fahmy Odette Youssef
Bought by
Fahmy Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2003
Sold by
Fahmy Diaa Samir
Bought by
Fahmy Diaa Samir and Fahmy Odette Youssef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 6, 2003
Sold by
Fahmy Diaa Samir and Fahmy Odette Youssef
Bought by
Fahmy Diaa Samir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$788,230
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Fahmy Diaa S
Bought by
Fahmy Diaa Samir and Fahmy Odette Youssef

Purchase Details

Closed on
Oct 28, 2002
Sold by
Fahmy Odette Y
Bought by
Fahmy Diaa S

Purchase Details

Closed on
Jul 31, 2002
Sold by
Park Center Exchange Inc
Bought by
Fahmy Diaa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Salloum Youssef $3,425,000 First Amer Ttl Co Res Div
Fahmy Diaa Samir -- None Available
Security Eat 304 Inc -- None Available
Fahmy Living Trust -- Ticor Title Company
Fahmy Diaa Samir -- --
Fahmy Diaa Samir -- Chicago Title Co
Fahmy Diaa Samir -- Equity Title Company
Fahmy Diaa S -- Equity Title Company
Fahmy Diaa S -- Equity Title Company
Park Center Exchange Inc $1,150,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salloum Youssef $2,568,750
Previous Owner Fahmy Living Trust $965,000
Previous Owner Fahmy Diaa Samir $700,000
Previous Owner Fahmy Diaa S $500,000
Previous Owner Fahmy Diaa Samir $788,230
Previous Owner Fahmy Diaa S $800,000
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 $37,883 $3,563,370 $3,261,632 $301,738
2023 $36,998 $3,493,500 $3,197,678 $295,822
2022 $36,387 $3,425,000 $3,134,978 $290,022
2021 $16,549 $1,538,740 $1,254,275 $284,465
2020 $16,390 $1,522,963 $1,241,414 $281,549
2019 $16,053 $1,493,101 $1,217,072 $276,029
2018 $15,734 $1,463,825 $1,193,208 $270,617
2017 $15,457 $1,435,123 $1,169,812 $265,311
2016 $15,110 $1,406,984 $1,146,875 $260,109
2015 $14,968 $1,385,850 $1,129,648 $256,202
2014 $13,715 $1,273,000 $1,032,088 $240,912
Source: Public Records

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1516 E Ocean Blvd Unit A, Newport Beach, CA

This home is located at 1516 E Ocean Blvd Unit A, Newport Beach, CA 92661 and is currently estimated at $4,002,711, approximately $2,229 per square foot. 1516 E Ocean Blvd Unit A is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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