Seller's Agent in 2016
Elizabeth Thamer
Pacific Sotheby's Int'l Realty
(949) 640-3683
30 Total Sales
1902 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $6,927,000 - $8,471,492
0.32
Acre
$24,122,276
Price per Acre
14,026
Sq Ft Lot
Highlights
- 0.32 Acre Lot
- No HOA
- Rectangular Lot
- Newport Elementary School Rated A
- Views
About This Lot
As of October 2016A rare opportunity to purchase a parcel of land over 14,000 sq ft in a prime location on the Balboa Peninsula... "The Point".
The proximity to the Newport Harbor Bay, The Wedge and world class beaches are moments away. Create an 'estate' or develop into multiple residences... the possibilities are endless.
Title says it is 117' x 120' 14,040 sq. ft. If one is able to divide, you could have FOUR lots measuring 30 x 117.There are two APN numbers for 1902 East Balboa Blvd. 048-240-41 AND 048-240-42.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01169245 Listed on: 09/15/2015
Property Details
Property Type
- Land
Est. Annual Taxes
- $77,205
Year Built
- 1956
Lot Details
- 0.32 Acre Lot
- Rectangular Lot
- Level Lot
- Property is zoned R1
Additional Features
- Suburban Location
- Septic Type Unknown
- Property Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 04824041
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 24, 2023
Sold by
Moore Christina
Bought by
Moore Ryan
Total Days on Market
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,800,323
Interest Rate
7.63%
Mortgage Type
Balloon
Estimated Equity
$5,967,050
Purchase Details
Closed on
Nov 22, 2023
Sold by
Moore Rdm Investments Llc
Bought by
Moore Ryan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,800,323
Interest Rate
7.63%
Mortgage Type
Balloon
Estimated Equity
$5,967,050
Purchase Details
Closed on
Mar 2, 2021
Sold by
Brinton Todd and Brinton Stephanie
Bought by
Moore Rdm Investments Llc
Purchase Details
Closed on
May 22, 2019
Sold by
1902 B Balboa Llc
Bought by
Brinton Todd and Brinton Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 5, 2009
Sold by
Buckingham James O and Buckingham William A
Bought by
Buckingham James O and Buckingham William A
Purchase Details
Closed on
Feb 28, 2009
Sold by
Buckingham Shea Ann H and Buckingham Charles J
Bought by
Buckingham Henry W and Buckingham Mary F
Purchase Details
Closed on
Dec 22, 2007
Sold by
Buckingham James O and Buckingham William A
Bought by
Mcfarlane Properties Llc
Purchase Details
Closed on
Dec 23, 1991
Sold by
Buckingham Henry W and Buckingham Henry
Bought by
Buckingham Henry W and Buckingham Mary F
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 |
|---|---|---|---|
| Moore Ryan | -- | First American Title | |
| Moore Ryan | -- | First American Title | |
| Moore Ryan | -- | First American Title | |
| Moore Rdm Investments Llc | $4,650,000 | First American Title Company | |
| Brinton Todd | $4,000,000 | Fntg Builder Services | |
| Buckingham James O | -- | First American Title | |
| Buckingham Henry W | -- | First American Title | |
| Mcfarlane Properties Llc | -- | First American Title Company | |
| Buckingham Henry W | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moore Ryan | $2,000,000 | |
| Closed | Moore Ryan | $2,000,000 | |
| Previous Owner | Brinton Todd | $250,000 | |
| Previous Owner | Brinton Todd | $2,600,000 | |
| Previous Owner | 1902 E Balboa Llc | $8,260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2016 10/17/16 | Sold | $7,200,000 | -2.7% | $4,915 / Sq Ft |
| 10/20/2015 10/20/15 | Pending | -- | -- | -- |
| 09/15/2015 09/15/15 | For Sale | $7,400,000 | -- | $5,051 / 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 | $77,205 | $7,300,000 | $5,978,692 | $1,321,308 |
| 2023 | $51,095 | $4,837,860 | $3,640,613 | $1,197,247 |
| 2022 | $50,254 | $4,743,000 | $3,569,228 | $1,173,772 |
| 2021 | $43,736 | $4,122,268 | $2,945,474 | $1,176,794 |
| 2020 | $43,317 | $4,080,000 | $2,915,272 | $1,164,728 |
| 2019 | $30,655 | $2,881,610 | $1,844,447 | $1,037,163 |
| 2018 | $22,562 | $2,113,197 | $1,808,282 | $304,915 |
| 2017 | $57,204 | $5,400,000 | $5,291,298 | $108,702 |
| 2016 | $3,100 | $262,261 | $190,574 | $71,687 |
| 2015 | $3,069 | $258,322 | $187,711 | $70,611 |
| 2014 | $2,997 | $253,262 | $184,034 | $69,228 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Thamer
-
Kim Bibb
Buyer's Agent in 2016
Kim Bibb
Pacific Sotheby's Int'l Realty
(714) 396-0185
52 in this area
123 Total Sales
-
Tara Shapiro
Buyer Co-Listing Agent in 2016
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15204810
APN: 048-240-50
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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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