NOT LISTED FOR SALE

2029 E Ocean Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $3,557,000 - $5,878,529

3 Beds
2 Baths
1,341 Sq Ft
$3,635/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $2,000,000 $1,491 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $28,245/month

29 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Community Pool
  • Newport Elementary School Rated A
  • No HOA
  • 4-minute walk to West Jetty View Park

About This Home

As of May 2017

Built in 1953 this Balboa Blvd. home is being sold through the Trust. The current home has 3 Bedrooms (one down) and a full bath upstairs and a3/4 bath down. "HIGHEST & BEST" use is for new custom construction. Ideally located just two blocks from the "Wedge" and across the alley from Oceanfront homes valued in excess of $6,000,000. Call your investors, architects and developers....this home will sell quickly. Priced to receive multiple offers.

Last Agent to Sell the Property

Dusty Harris

Harcourts Prime Properties License #00805860 Listed on: 03/29/2017

Harcourts Prime Properties

Last Buyer's Agent

Tara Shapiro

Coldwell Banker Realty License #01892201

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 2,450 Sq Ft Lot
  • Garden
  • Value in Land
  • Tear Down

Parking

  • 2 Car Garage

Interior Spaces

  • 1,341 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 518
  • Assessor Parcel Number 04826207

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04826207
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1341.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1491.42
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Tear Down, Value In Land
  • Lot Size Sq Ft: 2450.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 24
  • Tax Tract Number: 518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Apr 27, 2017
Sold by
Nickey Stephen and Nickey David
Bought by
Devone Adam R and Devone Sheryl L
Seller's Agent
Dusty Harris
Harcourts Prime Properties
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$1,829,000
Sold Price
$2,000,000
Premium/Discount to List
$171,000
9.35%
Current Estimated Value
$4,875,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,875,132
Avg. Annual Appreciation
10.86%

Purchase Details

Closed on
Jan 14, 2014
Sold by
Nickey David
Bought by
Nickey Dvid and David Nickey Separate Property Revocable

Purchase Details

Closed on
Oct 3, 2013
Sold by
Nickey Stephen and Nickey David
Bought by
Nickey Stephen and Nickey David

Purchase Details

Closed on
Dec 12, 2012
Sold by
Nickey Stephen and Nickey David
Bought by
Nickey Stephen and Nickey David

Purchase Details

Closed on
Jan 30, 2001
Sold by
Nickey Beverly
Bought by
Nickey Beverly and The Nickey Family Trust

Purchase Details

Closed on
May 7, 1999
Sold by
Beverly Nickey
Bought by
Nickey Beverly and The Nickey Family Trust

Purchase Details

Closed on
Sep 26, 1994
Sold by
Roman Stanley Seymour and Roman Anita Frances
Bought by
Nickey Franklin P and Nickey Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Devone Adam R $2,000,000 North American Title Co
Nickey Dvid -- None Available
Nickey Stephen -- None Available
Nickey Stephen -- None Available
Nickey Stephen -- None Available
Nickey Beverly -- --
Nickey Beverly -- --
Nickey Beverly -- --
Nickey Beverly -- --
Nickey Franklin P $425,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nickey Franklin P $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $2,000,000 0.0% $1,491 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/17/2017 04/17/17 Off Market $2,000,000 -- --
03/29/2017 03/29/17 For Sale $1,829,000 -- $1,364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2025 $33,337 $3,193,554 $2,239,196 $954,358
2024 $33,337 $3,130,936 $2,195,290 $935,646
2023 $32,558 $3,069,546 $2,152,246 $917,300
2022 $32,020 $3,009,359 $2,110,045 $899,314
2021 $31,406 $2,950,352 $2,068,671 $881,681
2020 $25,978 $2,433,231 $2,047,460 $385,771
2019 $22,236 $2,080,800 $2,007,314 $73,486
2018 $21,793 $2,040,000 $1,967,954 $72,046
2017 $7,069 $615,096 $521,192 $93,904
2016 $6,992 $603,036 $510,973 $92,063
2015 $6,948 $593,978 $503,297 $90,681
2014 $6,712 $582,343 $493,438 $88,905
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Dusty Harris

    Harcourts Prime Properties

    (949) 248-1888

    13 Total Sales

    Dusty Harris
    Section Image
  • Tara Shapiro

    Buyer's Agent in 2017

    Tara Shapiro

    Coldwell Banker Realty

    (949) 478-7781

    39 in this area

    89 Total Sales

    Tara Shapiro
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17072641

California Regional Multiple Listing Service (CRMLS)

APN: 048-262-07

California Orange County Newport Beach 92661 Balboa Peninsula Point

2029 E Ocean Blvd, Newport Beach, CA

Not Listed for Sale

Detached

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