220 Nice Ln Unit 107 Newport Beach, CA 92663
2
Beds
1.5
Baths
1,136
Sq Ft
$360/mo
HOA Fee
Highlights
- Ocean View
- In Ground Pool
- Gated Community
- Newport Heights Elementary Rated A
- All Bedrooms Downstairs
- Clubhouse
About This Home
As of April 2018Rare opportunity in Villa Balboa gated community: 2 bedroom, 1.25 baths with ocean views from all rooms. This property is a blank canvas for someone to add their own special flair and touches to make it their very own home. Long term tenant vacates July 31. This is a great opportunity to purchase this condo now at a bargain price before the owner makes improvements that will raise the asking price. Community facilities include pool and spa, club house, exercise room and tennis courts. The condo is located a short distance from the beach and Pacific Coast Highway.
Last Buyer's Agent
Kim Rievley
Compass Real Estate License #01338599
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,576
Year Built
- Built in 1979
HOA Fees
- $360 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Available
Home Design
- Mediterranean Architecture
- Stucco
Interior Spaces
- 1,136 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Ocean Views
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
- Tile Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Balcony
- Deck
- Patio
Location
- Property is near a clubhouse
- Suburban Location
Utilities
- Cooling Available
- Forced Air Heating System
- Sewer Paid
Additional Features
- Accessible Elevator Installed
- Two or More Common Walls
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 8336
- Assessor Parcel Number 93077407
Community Details
Overview
- 449 Units
- Action Property Management Association, Phone Number (800) 400-2284
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Pet Policy
- Pet Restriction
Additional Features
- Clubhouse
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2018
Closed on
Mar 27, 2018
Sold by
Grimaldi Nancy
Bought by
Grimaldi Nancy W and The Gian And Nancy Grimaldi Liv
Seller's Agent
Kim Rievley
Compass Real Estate
Buyer's Agent
Art Heckman
Compass
List Price
$799,900
Sold Price
$789,000
Premium/Discount to List
-$10,900
-1.36%
Total Days on Market
21
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
$292,229
Avg. Annual Appreciation
4.58%
Original Mortgage
$100,000
Outstanding Balance
$86,616
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,001,374
Purchase Details
Listed on
Feb 24, 2018
Closed on
Mar 6, 2018
Sold by
Schmidt William R and Schmidt William Richard
Bought by
Grimaldi Nancy
Seller's Agent
Kim Rievley
Compass Real Estate
Buyer's Agent
Art Heckman
Compass
List Price
$799,900
Sold Price
$789,000
Premium/Discount to List
-$10,900
-1.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$86,616
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$1,001,374
Purchase Details
Listed on
May 14, 2015
Closed on
Jun 16, 2015
Sold by
El Potrero Properties Llc
Bought by
Schmidt William R and Schmidt Gloria A
Seller's Agent
Jennifer Wong
Compass
Buyer's Agent
Kim Rievley
Compass Real Estate
List Price
$650,000
Sold Price
$640,000
Premium/Discount to List
-$10,000
-1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Purchase Details
Closed on
Mar 13, 2001
Sold by
Prince David M and Prince Diana W
Bought by
Fillman Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,400
Interest Rate
7.11%
Purchase Details
Closed on
Dec 1, 1999
Sold by
Esther Blustein
Bought by
Prince David M and Prince Diana M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.69%
Purchase Details
Closed on
Sep 8, 1998
Sold by
Esther Blustein
Bought by
Bluestein Esther and Rosie Trust
Purchase Details
Closed on
Nov 18, 1997
Sold by
Donald Blustein and Donald Esther Blustein
Bought by
Blustein Esther
Similar Homes in Newport Beach, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Wfg National Title | |
| Grant Deed | $789,000 | Lawyers Title | |
| Grant Deed | $640,000 | Lawyers Title | |
| Grant Deed | -- | Lawyers Title | |
| Grant Deed | $267,000 | Fidelity National Title Co | |
| Grant Deed | $180,000 | Guardian Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | New Conventional | |
| Previous Owner | $240,000 | Unknown | |
| Previous Owner | $213,400 | No Value Available | |
| Previous Owner | $120,000 | No Value Available | |
| Closed | $26,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2018 04/02/18 | Sold | $789,000 | -1.4% | $695 / Sq Ft |
| 02/26/2018 02/26/18 | Pending | -- | -- | -- |
| 02/24/2018 02/24/18 | For Sale | $799,900 | +25.0% | $704 / Sq Ft |
| 08/03/2015 08/03/15 | Sold | $640,000 | -1.5% | $563 / Sq Ft |
| 06/04/2015 06/04/15 | Pending | -- | -- | -- |
| 05/14/2015 05/14/15 | For Sale | $650,000 | -- | $572 / 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 | $9,576 | $880,142 | $704,511 | $175,631 |
| 2023 | $9,348 | $862,885 | $690,697 | $172,188 |
| 2022 | $9,188 | $845,966 | $677,154 | $168,812 |
| 2021 | $9,012 | $829,379 | $663,877 | $165,502 |
| 2020 | $8,925 | $820,875 | $657,070 | $163,805 |
| 2019 | $8,743 | $804,780 | $644,186 | $160,594 |
| 2018 | $7,349 | $665,856 | $511,350 | $154,506 |
| 2017 | $7,220 | $652,800 | $501,323 | $151,477 |
| 2016 | $7,060 | $640,000 | $491,493 | $148,507 |
| 2015 | $3,869 | $334,502 | $180,113 | $154,389 |
| 2014 | $3,779 | $327,950 | $176,585 | $151,365 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2018
Kim Rievley
Compass Real Estate
34 Total Sales
-
Buyer's Agent in 2018
Art Heckman
Compass
(949) 630-5511
30 Total Sales
-
Jennifer Wong
J
Seller's Agent in 2015
Jennifer Wong
Compass
(949) 632-6402
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15103617
APN: 930-774-07
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