1631 E Balboa Blvd Unit 2 Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $1,974,000 - $2,436,000
3
Beds
2
Baths
1,443
Sq Ft
3,001
Sq Ft Lot
Highlights
- Open Floorplan
- Deck
- High Ceiling
- Newport Elementary School Rated A
- Contemporary Architecture
- Furnished
About This Home
As of September 2019Summer home in prime location, located in the heart of the Balboa Peninsula on the Point. Property is approved for weekly vacation lease option, popular location just a block to the bay, a few short blocks to the oceanfront. Upper condominium, light and bright floor plan. Living area with fireplace leads out to a private deck. Open kitchen and bar area. Featuring three bedrooms and two full baths. The back deck is spacious and sunny. Inside laundry, private garage with extra storage space. Quick bike ride to the Fun Zone and Balboa Island Ferry. Includes all the furnishings! Come and visit this property!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,947
Year Built
- Built in 2002 | Remodeled
Lot Details
- 1 Common Wall
Parking
- 1 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Home Design
- Contemporary Architecture
- Tile Roof
Interior Spaces
- 1,443 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Bar
- Beamed Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Built-In Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
Home Security
Outdoor Features
- Living Room Balcony
- Deck
- Patio
- Exterior Lighting
- Rear Porch
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Heating System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 13 / J
- Tax Tract Number 518
- Assessor Parcel Number 93050418
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Park
- Water Sports
- Bike Trail
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2019
Closed on
Aug 7, 2019
Sold by
Wu Chien Te and Wu Maggie Tzu Chiang
Bought by
Saccone Melinda M
Seller's Agent
Joan Trout
Compass
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$1,325,000
Sold Price
$1,298,000
Premium/Discount to List
-$27,000
-2.04%
Total Days on Market
13
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
$865,829
Avg. Annual Appreciation
9.68%
Original Mortgage
$475,000
Outstanding Balance
$421,288
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,786,330
Purchase Details
Closed on
Nov 16, 2011
Sold by
Kmw Family Limited Partnership
Bought by
Wu Chien Te and Wu Maggie Tzu Chiang
Purchase Details
Closed on
Jul 21, 2011
Sold by
Kaschmitter Daniel J and Louie Cindi A
Bought by
Kmw Family Limited Partnership
Purchase Details
Closed on
Mar 14, 2003
Sold by
Young Eugene F and Young Kelly M
Bought by
Young Eugene F and Young Kelly M
Purchase Details
Closed on
Sep 9, 2002
Sold by
Saywitz Barry
Bought by
Kaschmitter Daniel J and Louie Cindi A
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 |
|---|---|---|---|
| Saccone Melinda M | $1,298,000 | Chicago Title Company | |
| Wu Chien Te | -- | Accommodation | |
| Kmw Family Limited Partnership | $975,000 | Equity Title Orange County-I | |
| Young Eugene F | -- | -- | |
| Kaschmitter Daniel J | $699,000 | Lawyers Title | |
| Hogan Timothy P | -- | First American Title Ins Co | |
| Hogan Thomas J | -- | First American Title Ins Co | |
| Hogan John Michael | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Saccone Melinda M | $475,000 | |
| Previous Owner | Wu Chien Te | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2019 09/01/19 | Sold | $1,298,000 | -2.0% | $900 / Sq Ft |
| 08/01/2019 08/01/19 | Pending | -- | -- | -- |
| 07/19/2019 07/19/19 | For Sale | $1,325,000 | 0.0% | $918 / Sq Ft |
| 01/18/2019 01/18/19 | Rented | $3,250 | -13.3% | -- |
| 01/18/2019 01/18/19 | Under Contract | -- | -- | -- |
| 11/20/2018 11/20/18 | For Rent | $3,750 | +7.1% | -- |
| 11/06/2018 11/06/18 | Rented | $3,500 | -6.7% | -- |
| 10/23/2018 10/23/18 | For Rent | $3,750 | +4.2% | -- |
| 09/09/2016 09/09/16 | Rented | $3,600 | -3.0% | -- |
| 08/12/2016 08/12/16 | For Rent | $3,710 | -- | -- |
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 | $14,947 | $1,391,716 | $1,123,668 | $268,048 |
| 2023 | $14,988 | $1,364,428 | $1,101,635 | $262,793 |
| 2022 | $14,805 | $1,337,675 | $1,080,034 | $257,641 |
| 2021 | $14,736 | $1,311,447 | $1,058,857 | $252,590 |
| 2020 | $14,601 | $1,298,000 | $1,048,000 | $250,000 |
| 2019 | $12,487 | $1,097,834 | $959,354 | $138,480 |
| 2018 | $12,310 | $1,076,308 | $940,543 | $135,765 |
| 2017 | $12,080 | $1,055,204 | $922,101 | $133,103 |
| 2016 | $11,860 | $1,034,514 | $904,020 | $130,494 |
| 2015 | $11,799 | $1,018,975 | $890,441 | $128,534 |
| 2014 | $11,536 | $999,015 | $872,998 | $126,017 |
Source: Public Records
Agents Affiliated with this Home
-
Joan Trout
J
Seller's Agent in 2019
Joan Trout
Compass
(949) 293-4631
17 Total Sales
-
C
Seller's Agent in 2019
Craig Batley
Burr White Realty
(949) 293-4630
-
Tracy Seeber
T
Seller Co-Listing Agent in 2019
Tracy Seeber
Balboa Realty
(949) 378-8999
36 Total Sales
-
Sean Stanfield
Buyer's Agent in 2019
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
3 in this area
614 Total Sales
-
Robert Lewis
R
Buyer Co-Listing Agent in 2019
Robert Lewis
Coldwell Banker Realty
(949) 554-1200
15 Total Sales
-
Sydney Gielow
Buyer's Agent in 2016
Sydney Gielow
Coldwell Banker Realty
(949) 400-1320
1 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19170678
APN: 930-504-18
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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