NOT LISTED FOR SALE

1516 E Ocean Blvd Unit B Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $2,953,255 - $4,651,000

3 Beds
2 Baths
1,795 Sq Ft
$1,965/Sq Ft Est. Value

About This Home

This home is located at 1516 E Ocean Blvd Unit B, Newport Beach, CA 92661 and is currently estimated at $3,527,752, approximately $1,965 per square foot. 1516 E Ocean Blvd Unit B 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
May 21, 2014
Sold by
Fahmy Baher S and Fahmy Salwa
Bought by
Fahmy Emad and Fahmy Manal
Current Estimated Value
$3,527,752

Purchase Details

Closed on
Nov 19, 2004
Sold by
Fahmy Baher S
Bought by
Fahmy Baher S and Fahmy Salwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Outstanding Balance
$451,202
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,908,855

Purchase Details

Closed on
May 23, 2002
Sold by
Fahmy Salwa M
Bought by
Fahmy Baher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.86%

Purchase Details

Closed on
May 10, 2002
Sold by
Carroll Fredric R and Carroll Joan A
Bought by
Fahmy Baher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.86%
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fahmy Emad -- None Available
Fahmy Baher S -- First American Title Ins Co
Fahmy Baher S -- Equity Title Company
Fahmy Baher S $1,300,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahmy Baher S $410,000
Open Fahmy Baher S $890,000
Closed Fahmy Baher S $100,000
Closed Fahmy Baher S $215,000
Closed Fahmy Baher S $953,000
Previous Owner Fahmy Baher S $975,000
Previous Owner Carroll Fredric R $100,000
Previous Owner Carroll Fredric R $442,500
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 $16,487 $1,529,920 $1,219,395 $310,525
2023 $16,099 $1,499,922 $1,195,485 $304,437
2022 $15,831 $1,470,512 $1,172,044 $298,468
2021 $15,528 $1,441,679 $1,149,063 $292,616
2020 $15,379 $1,426,897 $1,137,281 $289,616
2019 $15,063 $1,398,919 $1,114,981 $283,938
2018 $14,764 $1,371,490 $1,093,119 $278,371
2017 $14,504 $1,344,599 $1,071,686 $272,913
2016 $14,179 $1,318,235 $1,050,673 $267,562
2015 $14,045 $1,298,434 $1,034,891 $263,543
2014 $13,715 $1,273,000 $1,027,270 $245,730
Source: Public Records

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

1516 E Ocean Blvd Unit B, Newport Beach, CA

This home is located at 1516 E Ocean Blvd Unit B, Newport Beach, CA 92661 and is currently estimated at $3,527,752, approximately $1,965 per square foot. 1516 E Ocean Blvd Unit B 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.

Nearby Homes