Seller's Agent in 2019
Demetria Moore
Christie's International R.E. Southern California
(949) 233-9415
27 Total Sales
1615 W Balboa Blvd Newport Beach, CA 92663
Central Newport Beach Neighborhood
4
Beds
3
Baths
1,812
Sq Ft
2,614
Sq Ft Lot
Highlights
- Marina
- Property has ocean access
- Property is near a park
- Newport Elementary School Rated A
- Ocean Side of Highway 1
- 3-minute walk to Marina Park
About This Home
As of February 2019Trust Sale. Duplex with 2 buildings. Front home single story built in 1950 2 bedroom 1 bath. Rear building 2 bedroom 2 bath with 2 car garage, built in 1971. Property being sold "AS IS" and seller will do no repairs. Proposed "Marina Park and Community Center" right across the street. Check with City of Newport Beach for updates on development. Property is 1 door to the beach and right behind oceanfront properties.
Last Agent to Sell the Property
Jim Jacobs Realty License #00868230 Listed on: 06/07/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,736
Year Built
- Built in 1950
Lot Details
- 2,614 Sq Ft Lot
- 1 Common Wall
Parking
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 1,812 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
Location
- Property is near a park
Utilities
- Central Heating
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 22
- Tax Tract Number 515
- Assessor Parcel Number 04720208
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Recreation
- Marina
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,700
- Trash Expense $600
- Water Sewer Expense $600
- New Taxes Expense $10,800
- Gross Income $3,500
- Net Operating Income $35,739
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 29, 2021
Sold by
Smith 507 Llc
Bought by
Yant Flat Llc
Current Estimated Value
Purchase Details
Listed on
Nov 13, 2018
Closed on
Jan 18, 2019
Sold by
Sarai Paul and Sarai Komal
Bought by
Smith 507 Llc
Seller's Agent
Demetria Moore
Christie's International R.E. Southern California
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$1,888,888
Sold Price
$1,790,000
Premium/Discount to List
-$98,888
-5.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Purchase Details
Listed on
Mar 29, 2016
Closed on
Sep 16, 2016
Sold by
James 1615 Llc
Bought by
Sarai Paul and Sarai Komal
Seller's Agent
Kristin Halton
Douglas Elliman Of California
Buyer's Agent
Sarah Piazza
HomeSmart, Evergreen Realty
List Price
$1,450,000
Sold Price
$1,417,250
Premium/Discount to List
-$32,750
-2.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%
Purchase Details
Listed on
Jun 7, 2013
Closed on
Jun 20, 2013
Sold by
Callahan Kathleen T
Bought by
James 1615 Llc
Seller's Agent
Jim Jacobs
Jim Jacobs Realty
Buyer's Agent
Rick Langevin
Surterre Properties Inc.
List Price
$1,048,000
Sold Price
$1,050,000
Premium/Discount to List
$2,000
0.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Purchase Details
Closed on
Oct 1, 2003
Sold by
Logan Rose C
Bought by
Logan Rose Callahan
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,790,000 | Fidelity National Title Co | |
| Grant Deed | $1,417,500 | California Title Company | |
| Grant Deed | $1,050,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2019 02/07/19 | Sold | $1,790,000 | -3.2% | $988 / Sq Ft |
| 01/06/2019 01/06/19 | Price Changed | $1,850,000 | -2.1% | $1,021 / Sq Ft |
| 10/30/2018 10/30/18 | For Sale | $1,888,888 | +33.3% | $1,042 / Sq Ft |
| 10/12/2016 10/12/16 | Sold | $1,417,250 | -5.2% | $782 / Sq Ft |
| 09/08/2016 09/08/16 | Pending | -- | -- | -- |
| 05/29/2016 05/29/16 | Price Changed | $1,495,000 | +3.1% | $825 / Sq Ft |
| 05/27/2016 05/27/16 | For Sale | $1,450,000 | 0.0% | $800 / Sq Ft |
| 05/05/2016 05/05/16 | Pending | -- | -- | -- |
| 03/29/2016 03/29/16 | For Sale | $1,450,000 | 0.0% | $800 / Sq Ft |
| 03/25/2016 03/25/16 | Pending | -- | -- | -- |
| 03/25/2016 03/25/16 | For Sale | $1,450,000 | +38.1% | $800 / Sq Ft |
| 07/11/2013 07/11/13 | Sold | $1,050,000 | +0.2% | $579 / Sq Ft |
| 06/04/2013 06/04/13 | Pending | -- | -- | -- |
| 05/22/2013 05/22/13 | For Sale | $1,048,000 | -- | $578 / 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 | $20,736 | $1,919,241 | $1,821,908 | $97,333 |
| 2023 | $21,120 | $1,881,609 | $1,786,184 | $95,425 |
| 2022 | $20,949 | $1,844,715 | $1,751,161 | $93,554 |
| 2021 | $21,227 | $1,844,715 | $1,751,161 | $93,554 |
| 2020 | $20,969 | $1,825,800 | $1,733,205 | $92,595 |
| 2019 | $17,381 | $1,474,506 | $1,389,208 | $85,298 |
| 2018 | $17,118 | $1,445,595 | $1,361,969 | $83,626 |
| 2017 | $16,837 | $1,417,250 | $1,335,263 | $81,987 |
| 2016 | $13,339 | $1,087,311 | $1,002,830 | $84,481 |
| 2015 | $13,233 | $1,070,979 | $987,766 | $83,213 |
| 2014 | $12,942 | $1,050,000 | $968,417 | $81,583 |
Source: Public Records
Agents Affiliated with this Home
-
Demetria Moore
-
Tim Smith
Buyer's Agent in 2019
Tim Smith
Coldwell Banker Realty
(949) 717-4711
13 in this area
717 Total Sales
-
Kristin Halton
Seller's Agent in 2016
Kristin Halton
Douglas Elliman Of California
(949) 433-3634
75 Total Sales
-
Sarah Piazza
Buyer's Agent in 2016
Sarah Piazza
HomeSmart, Evergreen Realty
(949) 290-8951
27 Total Sales
-
Jim Jacobs
Seller's Agent in 2013
Jim Jacobs
Jim Jacobs Realty
(949) 689-4200
11 Total Sales
-
Rick Langevin
Buyer's Agent in 2013
Rick Langevin
Surterre Properties Inc.
(949) 933-2777
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP13095399
APN: 047-202-08
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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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