1625 E Balboa Blvd Unit 1 Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $1,945,000 - $3,111,000
3
Beds
2
Baths
1,553
Sq Ft
3,006
Sq Ft Lot
Highlights
- Beach Access
- All Bedrooms Downstairs
- Laundry Room
- Newport Elementary School Rated A
- 1 Car Attached Garage
- Stone Flooring
About This Home
As of December 2014This beautiful condo is ideal for a main residence, vacation home or summer/winter rental. Property has a SHORT-TERM LODGING PERMIT allowing for weekly or monthly rental income. Light & bright, this lower level condo has been BEAUTIFULLY REMODELED with an open floor plan. It features a large front patio for entertaining, a large living room with fireplace, travertine tile floors, washer and dryer just off of the bedrooms, and a private side patio with built-in gas BBQ. LOWEST Priced property on Peninsula Point. Call Agent.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,731
Year Built
- Built in 2002
Lot Details
- 3,006
Parking
- 1 Car Attached Garage
- Parking Available
- Single Garage Door
Interior Spaces
- 1,553 Sq Ft Home
- Living Room with Fireplace
- Dining Room
- Laundry Room
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
Outdoor Features
- Beach Access
- Exterior Lighting
Additional Features
- 1 Common Wall
- Suburban Location
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 518
- Assessor Parcel Number 93050415
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2014
Closed on
Oct 31, 2014
Sold by
Nelson Sheryl J
Bought by
Kristy Mary and The Mary Kristy Revocable Trust
Seller's Agent
Alex Batley
Balboa Realty
Buyer's Agent
Chris Moreno
Surterre Properties Inc.
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
Total Days on Market
9
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
$1,065,254
Avg. Annual Appreciation
6.48%
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 30, 2010
Sold by
Nelson Sheryl J
Bought by
Nelson Sheryl J and Sheryl J Nelson Family Trust
Purchase Details
Closed on
Jun 7, 2002
Sold by
Saywitz Barry
Bought by
Nelson Richard J and Nelson Sheryl J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
6.86%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 18, 2001
Sold by
Osterholt Robbert and Osterholt Liane
Bought by
Saywitz Barry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
6.5%
Purchase Details
Closed on
Jan 28, 2000
Sold by
Hogan Thomas J P and John Michael
Bought by
Osterholt Robbert and Osterholt Liane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.45%
Purchase Details
Closed on
Dec 20, 1995
Sold by
Hogan Mary Ann
Bought by
Hogan Timothy P and Hogan Timothy Patrick
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 |
|---|---|---|---|
| Kristy Mary | $1,325,000 | Fidelity National Title Co | |
| Nelson Sheryl J | -- | None Available | |
| Nelson Richard J | $659,000 | Lawyers Title Company | |
| Saywitz Barry | $800,000 | -- | |
| Osterholt Robbert | $680,000 | First American Title Ins Co | |
| Hogan Timothy P | -- | First American Title Ins Co | |
| Hogan John Michael | -- | First American Title Ins Co | |
| Hogan Thomas J | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mary Kristy Revocable Trust | $1,032,000 | |
| Closed | Kristy Mary | $1,068,000 | |
| Previous Owner | Kristy Mary | $179,240 | |
| Previous Owner | Nelson Sheryl J | $740,000 | |
| Previous Owner | Nelson Richard J | $215,000 | |
| Previous Owner | Nelson Richard J | $555,000 | |
| Previous Owner | Nelson Richard J | $250,000 | |
| Previous Owner | Nelson Richard J | $75,000 | |
| Previous Owner | Nelson Richard J | $300,000 | |
| Previous Owner | Nelson Richard J | $359,000 | |
| Previous Owner | Saywitz Barry | $640,000 | |
| Previous Owner | Osterholt Robbert | $510,000 | |
| Closed | Saywitz Barry | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/26/2014 12/26/14 | Sold | $1,325,000 | -3.6% | $853 / Sq Ft |
| 12/22/2014 12/22/14 | Price Changed | $1,375,000 | 0.0% | $885 / Sq Ft |
| 10/19/2014 10/19/14 | Pending | -- | -- | -- |
| 10/10/2014 10/10/14 | For Sale | $1,375,000 | -- | $885 / 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 | $16,731 | $1,561,225 | $1,426,048 | $135,177 |
| 2023 | $16,730 | $1,530,613 | $1,398,086 | $132,527 |
| 2022 | $16,519 | $1,500,601 | $1,370,672 | $129,929 |
| 2021 | $16,343 | $1,471,178 | $1,343,796 | $127,382 |
| 2020 | $16,192 | $1,456,093 | $1,330,017 | $126,076 |
| 2019 | $15,880 | $1,427,543 | $1,303,939 | $123,604 |
| 2018 | $15,633 | $1,399,552 | $1,278,371 | $121,181 |
| 2017 | $15,343 | $1,372,110 | $1,253,305 | $118,805 |
| 2016 | $15,047 | $1,345,206 | $1,228,730 | $116,476 |
| 2015 | $15,029 | $1,325,000 | $1,210,273 | $114,727 |
| 2014 | $9,382 | $794,166 | $672,453 | $121,713 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Batley
Seller's Agent in 2014
Alex Batley
Balboa Realty
(949) 293-4629
1 in this area
14 Total Sales
-
Chris Moreno
Buyer's Agent in 2014
Chris Moreno
Surterre Properties Inc.
(949) 280-6357
1 in this area
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP14220026
APN: 930-504-15
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