1602 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $4,107,000 - $6,095,000
4
Beds
3
Baths
2,220
Sq Ft
$2,203/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- Main Floor Bedroom
- Family Room Off Kitchen
- Newport Elementary School Rated A
- No HOA
- Enclosed patio or porch
About This Home
As of May 2019Seaside elegance resides in this recently remodeled Balboa Peninsula home, which is ideally located in the exclusive Peninsula Point neighborhood, just a short stroll to the beach and steps to the bay. Upon entry, white oak hardwood floors extend throughout the home and blend beautifully with the light and bright interior, gracefully contrasting the natural dark wood grain framing several skylights. This four bedroom, three bathroom home features a pristine white gourmet kitchen, complete with quartz countertops, marble backsplashes, and an island with breakfast bar seating. Custom details throughout include designer tile finishes in all three bathrooms, an indoor laundry room with built-in sink and storage, two fireplaces, and a spacious patio off the kitchen and dining area, which serves as the perfect place for dining al fresco. The master suite features a soaking tub and separate shower, a large a walk-in closet, and a private deck, perfect for enjoying the cool ocean breeze, warm summer sun, and relaxing with a morning cup of coffee. With a two-car garage and more than 2,000 sq. ft. of living space, this quintessential Balboa Peninsula home provides for elegant beach living, with all of the world-class amenities Newport Beach has to offer. Welcome to 1602 East Balboa.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01210754 Listed on: 01/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,011
Year Built
- Built in 1980
Lot Details
- 2,700 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Interior Spaces
- 2,220 Sq Ft Home
- Family Room Off Kitchen
- Living Room with Fireplace
- Carpet
- Laundry Room
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
Outdoor Features
- Enclosed patio or porch
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 13 / 25
- Tax Tract Number 105
- Assessor Parcel Number 04823136
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2019
Closed on
Apr 1, 2019
Sold by
The Martin Family Trust
Bought by
Rosenberger David W and Rosenberger Cheryl M
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Total Days on Market
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,491,391
Avg. Annual Appreciation
12.42%
Original Mortgage
$1,680,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jun 17, 2016
Closed on
Apr 6, 2017
Sold by
Residential Holdings M1 Llc
Bought by
Martin Gregory J and Martin Mary Beth
Seller's Agent
Liana Acosta
Liana Almazan, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,195,000
Sold Price
$1,999,999
Premium/Discount to List
-$195,001
-8.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Purchase Details
Listed on
Sep 21, 2011
Closed on
Jul 12, 2012
Sold by
Parker Samuel J
Bought by
M1 Residential Holdings Llc
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$1,595,000
Sold Price
$1,460,000
Premium/Discount to List
-$135,000
-8.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Purchase Details
Closed on
Oct 15, 1998
Sold by
Parker Samuel J and Parker Sandra S
Bought by
Parker Samuel J and Williams & Schinelli Residence Trust
Purchase Details
Closed on
Sep 3, 1997
Sold by
Friedman Marvin L and Ferber Marcia K
Bought by
Parker Samuel J and Parker Sandra S
Purchase Details
Closed on
Feb 29, 1996
Sold by
Mahoney J Frank
Bought by
Friedman Marvin L and Ferber Marcia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.05%
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rosenberger David W | $2,400,000 | Lawyers Title Company | |
| Martin Gregory J | $2,000,000 | Lawyers Title Co | |
| M1 Residential Holdings Llc | $1,460,000 | Fidelity National Title Co | |
| Parker Samuel J | -- | -- | |
| Parker Samuel J | $525,000 | Old Republic Title Company | |
| Friedman Marvin L | $450,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rosenberger David W | $1,668,500 | |
| Closed | Rosenberger David W | $1,680,000 | |
| Previous Owner | Residential Holdings M1 Llc | $0 | |
| Previous Owner | Friedman Marvin L | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/03/2019 05/03/19 | Sold | $2,400,000 | -3.8% | $1,081 / Sq Ft |
| 03/29/2019 03/29/19 | Pending | -- | -- | -- |
| 01/22/2019 01/22/19 | For Sale | $2,495,000 | +24.8% | $1,124 / Sq Ft |
| 04/20/2017 04/20/17 | Sold | $1,999,999 | 0.0% | $800 / Sq Ft |
| 04/06/2017 04/06/17 | Pending | -- | -- | -- |
| 03/09/2017 03/09/17 | Price Changed | $1,999,999 | -4.7% | $800 / Sq Ft |
| 12/28/2016 12/28/16 | Price Changed | $2,099,000 | -4.4% | $840 / Sq Ft |
| 06/17/2016 06/17/16 | For Sale | $2,195,000 | 0.0% | $878 / Sq Ft |
| 04/14/2014 04/14/14 | Rented | $5,300 | +6.0% | -- |
| 04/14/2014 04/14/14 | For Rent | $5,000 | 0.0% | -- |
| 07/18/2012 07/18/12 | Sold | $1,460,000 | -8.5% | $584 / Sq Ft |
| 09/21/2011 09/21/11 | For Sale | $1,595,000 | -- | $638 / 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 | $28,011 | $2,624,749 | $2,361,704 | $263,045 |
| 2023 | $27,356 | $2,573,284 | $2,315,396 | $257,888 |
| 2022 | $26,903 | $2,522,828 | $2,269,996 | $252,832 |
| 2021 | $26,387 | $2,473,361 | $2,225,486 | $247,875 |
| 2020 | $26,134 | $2,448,000 | $2,202,666 | $245,334 |
| 2019 | $22,236 | $2,080,797 | $1,865,238 | $215,559 |
| 2018 | $21,793 | $2,039,998 | $1,828,665 | $211,333 |
| 2017 | $16,661 | $1,549,117 | $1,333,470 | $215,647 |
| 2016 | $16,287 | $1,518,743 | $1,307,324 | $211,419 |
| 2015 | $16,134 | $1,495,931 | $1,287,687 | $208,244 |
| 2014 | $15,754 | $1,466,628 | $1,262,463 | $204,165 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Bibb
Seller's Agent in 2019
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
53 in this area
124 Total Sales
-
Tara Shapiro
Buyer's Agent in 2019
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
-
Liana Acosta
Seller's Agent in 2017
Liana Acosta
Liana Almazan, Broker
(909) 618-6003
2 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,589 Total Sales
-
S
Seller's Agent in 2014
Sunny Nam
Villa Real Estate
-
Jon Flagg
Buyer's Agent in 2012
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 698-1910
1 in this area
134 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19011116
APN: 048-231-36
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