NOT LISTED FOR SALE

2050 E Ocean Blvd Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $3,159,492 - $5,855,000

3 Beds
2 Baths
1,633 Sq Ft
$2,445/Sq Ft Est. Value

About This Home

Just a block from the beach, this classic 3-bedroom, 2-bathroom home is located in one of the most desirable communities of Newport Beach on the Peninsula Point. The home features a comfortable and bright floor plan, a formal dining room, an open concept kitchen that flows to the cozy back patio, and 2 main floor bedrooms. Amenities include a kitchen island, abundant kitchen cabinets, Subzero refrigerator, and a convenient attached 2-car garage wired for electrical vehicle charging. The private primary suite is on the entire second story with a large balcony offering a peek-a-boo view of the ocean.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2022
Closed on
Oct 26, 2022
Sold by
Xu Xiaoqing and Xu Ruey-Fang
Bought by
Rr Ocean Vacation Llc
Seller's Agent
Sana Amarith
HomeSmart Evergreen Realty
Buyer's Agent
Royce Diaz
Century 21 Masters
Sold Price
$7,500
Views
7
Current Estimated Value
$3,992,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,985,373

Purchase Details

Closed on
Apr 23, 2020
Sold by
Tsay Ruey Fang and Xu Xiaoqing
Bought by
Rr Ocean Vacation Llc

Purchase Details

Closed on
Aug 12, 2018
Sold by
Rr Ocean Vacation Llc
Bought by
Tsay Ruey Fang and Xu Xiaoqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 30, 2013
Sold by
Tsay Ruey F and Xu Xiao Qing
Bought by
Rr Ocean Vacation Llc

Purchase Details

Closed on
Jun 5, 2012
Sold by
Matich Robert M and Matich Ann L
Bought by
Tsay Ruey F and Xu Xiao Qing

Purchase Details

Closed on
Jan 26, 2011
Sold by
Matich Robert M and Matich Ann L
Bought by
Matich Robert M and Matich Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2007
Sold by
Young Eugene F and Young Kelly M
Bought by
Matich Robert and Matich Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Teske John A
Bought by
Young Eugene F and Young Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2000
Sold by
Matich Robert M and Matich Ann L
Bought by
Matich Robert M and Matich Ann L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Rr Ocean Vacation Llc -- --
Rr Ocean Vacation Llc -- None Available
Tsay Ruey Fang -- Fidelity National Title Oran
Rr Ocean Vacation Llc -- None Available
Tsay Ruey F $1,350,000 First American Title Company
Matich Robert M -- Accommodation
Matich Robert M -- Chicago Title Company
Matich Robert $1,800,000 Chicago Title Co
Young Eugene F $1,375,000 United Title Company
Matich Robert M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsay Ruey Fang $1,000,000
Previous Owner Rr Ocean Vacation Llc $1,140,000
Previous Owner Rr Ocean Vacation Llc $800,000
Previous Owner Matich Robert M $699,000
Previous Owner Matich Robert M $1,000,000
Previous Owner Matich Robert $1,440,000
Previous Owner Young Eugene F $400,000
Previous Owner Young Eugene F $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2022 08/28/22 Rented $7,500 0.0% --
08/14/2022 08/14/22 Under Contract -- -- --
07/23/2022 07/23/22 For Rent $7,500 +29.3% --
02/01/2021 02/01/21 Rented $5,800 -10.8% --
01/08/2021 01/08/21 For Rent $6,500 +30.0% --
02/14/2019 02/14/19 Rented $5,000 -9.1% --
01/21/2019 01/21/19 For Rent $5,500 0.0% --
12/11/2018 12/11/18 Rented $5,500 0.0% --
11/19/2018 11/19/18 For Rent $5,500 -5.2% --
06/02/2017 06/02/17 Rented $5,800 0.0% --
06/04/2016 06/04/16 For Rent $5,800 -- --

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
2024 $17,543 $1,629,829 $1,524,634 $105,195
2023 $17,131 $1,597,872 $1,494,739 $103,133
2022 $16,845 $1,566,542 $1,465,431 $101,111
2021 $16,523 $1,535,826 $1,436,697 $99,129
2020 $16,364 $1,520,078 $1,421,965 $98,113
2019 $16,028 $1,490,273 $1,394,083 $96,190
2018 $15,709 $1,461,052 $1,366,748 $94,304
2017 $15,432 $1,432,404 $1,339,949 $92,455
2016 $15,086 $1,404,318 $1,313,675 $90,643
2015 $14,944 $1,383,224 $1,293,942 $89,282
2014 $14,592 $1,700,000 $1,611,583 $88,417
Source: Public Records

Agents Affiliated with this Home

  • Sana Amarith

    Seller's Agent in 2022

    Sana Amarith

    HomeSmart Evergreen Realty

    (714) 504-0647

    22 Total Sales

    Sana Amarith
    Section Image
  • Linda Chan

    Seller Co-Listing Agent in 2022

    Linda Chan

    HomeSmart Evergreen Realty

    (949) 753-7888

    24 Total Sales

    Linda Chan
    Section Image

  • R

    Buyer's Agent in 2022

    Royce Diaz

    Century 21 Masters

    (888) 964-4070

    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Rotellini

    Peninsula Properties

    (949) 439-9431

    11 Total Sales

    Jennifer Rotellini
    Section Image
  • Yolanda Williams

    Buyer's Agent in 2019

    Yolanda Williams

    eXp Realty of California Inc

    (562) 755-3123

    17 Total Sales

    Yolanda Williams
    Section Image
  • Alicia Moncada

    Buyer's Agent in 2018

    Alicia Moncada

    Alta Realty Group CA, Inc

    (323) 490-9984

    10 Total Sales

    Alicia Moncada
    Section Image
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Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

2050 E Ocean Blvd, Newport Beach, CA

This home is located at 2050 E Ocean Blvd, Newport Beach, CA 92661 and is currently estimated at $3,992,873, approximately $2,445 per square foot. 2050 E Ocean Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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