NOT LISTED FOR SALE

220 Nice Ln Unit 203 Newport Beach, CA 92663

Estimated Value: $967,000 - $1,268,000

2 Beds
2 Baths
1,587 Sq Ft
$588/mo HOA Fee

Last Sold May 22, 2020

Last sale price $655,000 $413 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,670/month

150 Days on Market

Highlights

  • Fitness Center
  • No Units Above
  • Neighborhood Views
  • Newport Heights Elementary Rated A
  • Clubhouse
  • Community Pool

About This Home

As of May 2020

*** PRICED TO SELL! Home just fell out of escrow. Property recently appraised at $699K *** GATED and EXCLUSIVE Resort Lifestyle Community located in one of the BEST cities in Southern Shiny California, Newport Beach! Moments away to scenic beaches, superb dining, award-winning schools & fancy shopping. Upon entering the home you’ll be pleasantly greeted by an expansive family room, a warm and inviting fireplace and you’ll have direct access to a cozy and covered patio. The large kitchen opens up to the oversized and expansive dining room where you’ll easily entertain the whole family and / or a big group of friends. Two spacious bedrooms – wait until you see the “Grand Master Retreat” – conveniently located next to the laundry, plenty of storage space and updated bathrooms await for you in this spectacular property. Villa Balboa is an excusive-gated community just off Pacific Coast Highway, a few steps away to Hoag Hospital and right next door to “Sunset View Park”. The very well kept community has tennis courts, two sparkling pools & Jacuzzis, an outdoor chef’s BBQ area, a well-equipped gym and a clubhouse with excellent Wi-Fi and endless ocean views. Water, gas and trash are also covered by the HOA. The amazing living space - all in one level – maximizes the usage of this large, airy and bright floor plan. Schedule your own tour and experience the BEST lifestyle that South OC has to offer.

Last Agent to Sell the Property

Marina Padovani

Berkshire Hathaway Home Services License #01881612 Listed on: 11/03/2019

Berkshire Hathaway Home Services

Last Buyer's Agent

Justin Dugat

Redfin License #02053019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,778

Year Built

  • Built in 1979

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,587 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077420

Community Details

Overview

  • 445 Units
  • Villa Balboa Association, Phone Number (949) 450-0202
  • Action Property Management HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,778

Year Built

Built in 1979

Lot Details

0

HOA Fees

$588 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Double door stainless steel refrigerator.
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Zoning: CONDO
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077420
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1587.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 412.73
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Tennis Court(s), Hiking Trails, Gym/Ex Room, Clubhouse, Gas, Maintenance Grounds, Trash, Water, Pets Permitted, Controlled Access
  • Association Fee: 588.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 9494500202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Action Property Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2019
Closed on
Apr 2, 2020
Sold by
Zanetti Luis Henrique Armando
Bought by
Scheck Linda and The Tomasino Trust
Seller's Agent
Marina Padovani
Berkshire Hathaway Home Services
Buyer's Agent
Justin Dugat
Redfin
List Price
$728,000
Sold Price
$655,000
Premium/Discount to List
-$73,000
-10.03%
Total Days on Market
150
Current Estimated Value
$1,146,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,298
Avg. Annual Appreciation
11.64%

Purchase Details

Listed on
Jul 12, 2012
Closed on
Sep 4, 2012
Sold by
Boucher Geoff E
Bought by
Zanetti Luis Henrique Armando
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Tim Robertson
Compass
List Price
$559,000
Sold Price
$534,000
Premium/Discount to List
-$25,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Santavenere Michael
Bought by
Boucher Geoff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1994
Sold by
Conway Robin D and Towne Richard E
Bought by
Santavenere Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.09%
Source: Public Records

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Range of Values:

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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
Scheck Linda $655,000 California Title Company
Zanetti Luis Henrique Armando $534,000 Orange Coast Title Company O
Boucher Geoff $435,000 Ticor Title Company
Santavenere Michael $170,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boucher Geoff $423,500
Previous Owner Boucher Geoff $60,000
Previous Owner Boucher Geoff $348,000
Previous Owner Santavenere Michael $40,000
Previous Owner Santavenere Michael $136,000
Closed Santavenere Michael $17,000
Closed Boucher Geoff $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $655,000 -2.1% $413 / Sq Ft
03/07/2020 03/07/20 Price Changed $669,000 -4.3% $422 / Sq Ft
01/09/2020 01/09/20 Price Changed $699,000 -4.0% $440 / Sq Ft
11/03/2019 11/03/19 For Sale $728,000 +36.3% $459 / Sq Ft
09/25/2012 09/25/12 Sold $534,000 -4.5% $338 / Sq Ft
07/12/2012 07/12/12 For Sale $559,000 -- $354 / 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
2024 $7,778 $702,290 $482,067 $220,223
2023 $7,593 $688,520 $472,615 $215,905
2022 $7,464 $675,020 $463,348 $211,672
2021 $7,323 $661,785 $454,263 $207,522
2020 $6,686 $601,271 $403,982 $197,289
2019 $6,553 $589,482 $396,061 $193,421
2018 $6,425 $577,924 $388,295 $189,629
2017 $6,313 $566,593 $380,682 $185,911
2016 $6,173 $555,484 $373,218 $182,266
2015 $6,114 $547,141 $367,612 $179,529
2014 $5,971 $536,424 $360,411 $176,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19256919

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-20