NOT LISTED FOR SALE

Estimated Value: $861,000 - $1,047,000

2 Beds
1 Bath
1,136 Sq Ft
1979 Built

Sale Details

Date Sold: March 27, 2023

Last sale price $799,000 $703 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,489 / mo

9 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Newport Heights Elementary Rated A
  • Spa
  • Wood Flooring

About This Home

As of March 2023

This wonderful and quiet residence enjoys balmy ocean breezes and is located just a short walk to the enticing beaches, parks, restaurants and shopping that Newport Beach has to offer. Boasting tasteful upgrades and an open and airy floorplan, you will love living in this well-maintained property in the desired Villa Balboa community, a prestigious gated community overlooking the Balboa Peninsula. The two-bedroom property exudes tranquility; as you enter, you're greeted by a dramatic entryway featuring an elegant art niche and rich Brazilian Cherry wood flooring that extends throughout the common areas of the home. The spacious and bright living room is perfect for relaxing or entertaining, with an oversized granite fireplace, recessed lighting, mirrored wall, and adjacent dining area. The fabulous kitchen is a chef's delight, with granite slab countertops, rich cabinetry and a large breakfast bar/pass-through to the living space. The generous master suite is complete with bath, large closet and vanity area. A second bedroom can be for your guests or turn it into a convenient home office. The community amenities are simply unparalleled, with a pool, spa, tennis courts, private gym, park-like grounds, and much more. Approaching the entrance to the residence, you are treated to amazing ocean views, which reinforce how special this location is. This is truly a one-of-a-kind opportunity to live the Newport Beach lifestyle in a gracious and affordable manner.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 02/17/2023

Pacific Sotheby's Int'l Realty

Co-Listed By

Kyle Flagg

Pacific Sotheby's Int'l Realty License #02095991

Last Buyer's Agent

Deborah Cowles

Compass License #01232658

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $499 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077419
  • $364 per year additional tax assessments

Community Details

Overview

  • 445 Units
  • Villa Balboa Association, Phone Number (949) 450-0202
  • Villa Balboa Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

0 Sq Ft Lot

HOA Fees

$499 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077419
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1136.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 703.35
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters, Stone Counters

Exterior Features

  • View: Ocean, Peek-A-Boo
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Tennis Court(s), Sport Court, Gym/Ex Room, Clubhouse
  • Association Fee: 499.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Villa Balboa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 445
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 13
  • Tax Tract Number: 8336
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 6, 2023
Sold by
Bought by
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Deborah Cowles
Compass
List Price
$799,000
Sold Price
$799,000
Views
220
Current Estimated Value
$965,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,097
Avg. Annual Appreciation
5.87%
Original Mortgage
$599,250
Interest Rate
0.0688%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2004
Sold by
Bought by

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
Interest Rate
0.0609%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
0.0771%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$799,000 First American Title
$529,000 North American Title Co
$210,000 California Counties Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $599,250
Previous Owner $100,000
Previous Owner $319,000
Previous Owner $213,750
Previous Owner $76,000
Previous Owner $183,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Sold $799,000 0.0% $703 / Sq Ft
02/17/2023 02/17/23 For Sale $799,000 -- $703 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,964 $831,279 $637,807 $193,472
2024 $8,964 $814,980 $625,301 $189,679
2023 $6,993 $631,248 $421,938 $209,310
2022 $6,873 $618,871 $413,665 $205,206
2021 $6,744 $606,737 $405,554 $201,183
2020 $6,678 $600,516 $401,395 $199,121
2019 $6,545 $588,742 $393,525 $195,217
2018 $6,417 $577,199 $385,809 $191,390
2017 $6,305 $565,882 $378,244 $187,638
2016 $6,166 $554,787 $370,828 $183,959
2015 $6,107 $546,454 $365,258 $181,196
2014 $5,577 $499,000 $333,205 $165,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23028175

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-19

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