NOT LISTED FOR SALE

Estimated Value: $3,671,000 - $4,364,583

3 Beds
3.5 Baths
2,700 Sq Ft
$1,507/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $1,575,000 $583 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $22,828/month

30 Days on Market

Highlights

  • Property has ocean access
  • Coastline Views
  • Sauna
  • Newport Elementary School Rated A
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of February 2013

Pristine modern day beach cottage showcasing three bedrooms and three and one quarter baths situated between Medina & Coronado' on the Balboa Peninsula. This home offers remarkable sit down views of the harbor, city lights, gorgeous snow capped Mount Baldy and a peek-a-boo view of the ocean. Just three homes to the sand and one block to the bay, 206 E Balboa Blvd. is highly upgraded and shows like a model home. Some of its features include granite slabs, professional grade appliances, designer carpet complimented with travertine flooring and the latest Smart Home Technology. Live your California dream in the well-regarded city of Newport Beach. This beach chic home was purchased brand new in 2008 and is being sold by the original owners in a like-new condition.

Last Agent to Sell the Property

Summer Perry

Compass License #01882790 Listed on: 01/06/2013

Compass

Co-Listed By

Eliisa Stowell

Surterre Properties Inc. License #01397481

Last Buyer's Agent

MARIE SCHEFFLER

Berkshire Hathaway Homeservices California Realty License #00890356

Berkshire Hathaway Homeservices California Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 2,597 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Stucco Fence

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Property Views

  • Coastline
  • Harbor
  • City Lights

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,700 Sq Ft Home
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Awning
  • Plantation Shutters
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • Living Room
  • Home Theater
  • Bonus Room with Fireplace
  • Storage
  • Sauna

Kitchen

  • Walk-In Pantry
  • Convection Oven
  • Gas Oven or Range
  • Range with Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Patio
  • Rooftop Access
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Sewer Paid
  • Satellite Dish

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Tax Tract Number 510
  • Assessor Parcel Number 04809121

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

2,597 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All fans and portable A/C units depending on price some furniture ask for details.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Balboa Peninsula (Residential)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04809121
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00
  • Interior Amenities: Built-in Features, Chair Railings, Crown Molding, Wired for Data, Granite Counters, Recessed Lighting, Storage, Wired for Sound, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Bonus Room, Gas Starter
  • Levels: Three Or More
  • Price Per Square Foot: 583.33
  • Room Type: All Bedrooms Up, Bonus Room, Living Room, Master Suite, Walk-In Pantry, Home Theatre
  • Window Features: Blinds, Custom Covering, Plantation Shutters, Screens, Shutters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Block, Slab
  • Other Structures: Sauna Private
  • Exterior Features: Awning(s), Satellite Dish
  • View: City Lights, Coastline, Harbor
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Porch, Roof Top
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Convection Oven, Dishwasher, Gas Cooking, Disposal, Range Hood, Range, Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, Natural Gas
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Sewer Paid
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 31x83 by 32x83
  • Lot Size Sq Ft: 2597.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 2597.0000 Square Feet
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Block: 4
  • Tax Lot: 4
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2013
Closed on
Feb 13, 2013
Sold by
Follico Anthony and Follico Kelly
Bought by
Jimenez Devin Lee
Seller's Agent
Summer Perry
Compass
Buyer's Agent
MARIE SCHEFFLER
Berkshire Hathaway Homeservices California Realty
List Price
$1,699,000
Sold Price
$1,575,000
Premium/Discount to List
-$124,000
-7.3%
Current Estimated Value
$4,068,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,493,646
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Jan 6, 2013
Closed on
Feb 7, 2013
Sold by
Follico Ernest S and Follico Gloria E
Bought by
Follico Anthony and Follico Kelly
Seller's Agent
Summer Perry
Compass
Buyer's Agent
MARIE SCHEFFLER
Berkshire Hathaway Homeservices California Realty
List Price
$1,699,000
Sold Price
$1,575,000
Premium/Discount to List
-$124,000
-7.3%

Purchase Details

Closed on
Mar 13, 2008
Sold by
Newport Clubhouse 610 Llc
Bought by
Follico Ernest S and Follico Gloria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
5.99%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 21, 2004
Sold by
Cefalia James J and Cefalia Cathy Lynn
Bought by
Newport Clubhouse 610 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,152,500
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2003
Sold by
Hgc International Llc
Bought by
Cefalia James J and Cefalia Cathy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,220,000
Interest Rate
5.17%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 28, 2003
Sold by
R & G Properties Llc
Bought by
Hgc International Llc

Purchase Details

Closed on
Oct 17, 2001
Sold by
Rini Joseph and Gennusa Sheryll
Bought by
R & G Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jimenez Devin Lee $1,575,000 Usa National Title Co
Follico Anthony -- Usa National Title Co
Follico Ernest S $1,450,000 California Title Company
Newport Clubhouse 610 Llc $3,075,000 Equity Title Company
Cefalia James J -- Equity Title Company
Cefalia James J $1,800,000 Fidelity Natl Title Ins Co
Hgc International Llc $1,450,000 Fnt
R & G Properties Llc -- --
Rini Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Follico Ernest S $1,160,000
Previous Owner Newport Clubhouse 610 Llc $2,152,500
Previous Owner Cefalia James J $2,220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $1,575,000 -1.3% $583 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/31/2013 01/31/13 Price Changed $1,595,000 -6.1% $591 / Sq Ft
01/06/2013 01/06/13 For Sale $1,699,000 -- $629 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,401 $1,939,494 $1,415,800 $523,694
2024 $20,401 $1,901,465 $1,388,039 $513,426
2023 $19,922 $1,864,182 $1,360,823 $503,359
2022 $20,378 $1,827,630 $1,334,140 $493,490
2021 $20,228 $1,791,795 $1,307,981 $483,814
2020 $20,041 $1,773,423 $1,294,569 $478,854
2019 $19,679 $1,738,650 $1,269,185 $469,465
2018 $19,425 $1,704,559 $1,244,299 $460,260
2017 $19,093 $1,671,137 $1,219,901 $451,236
2016 $18,682 $1,638,370 $1,195,981 $442,389
2015 $18,546 $1,613,761 $1,178,017 $435,744
2014 $18,104 $1,582,150 $1,154,941 $427,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004752

California Regional Multiple Listing Service (CRMLS)

APN: 048-091-21

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