$860,000
SOLD JAN 30, 2017

220 Nice Ln Unit 208 Newport Beach, CA 92663

2 Beds
2 Baths
1,640 Sq Ft
$529/mo HOA Fee

Recently Sold

$524 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • Ocean View
  • Spa
  • Property is near a clubhouse
  • Newport Heights Elementary Rated A
  • Gated Community
  • Parking Storage or Cabinetry

About This Home

As of January 2017

Ocean view - Luxury Newport Beach living! Beautiful ocean view spacious home in the Villa Balboa Community. Remolded 2 bed, 2 bath condo with ocean views and is fully equipped with crown molding, recessed lighting, hardwood, carpet, and tile flooring throughout. The layout includes master suite, upgraded bathroom, walk in closet, bookshelves, and more closets. Custom cabinets, state of the art appliances, granite countertops and a breakfast bar in the kitchen. This quiet gated community offers a club house, two pools and spas, tennis courts, community fitness center and you're only minutes to the beach and world famous shopping landmarks!

Last Agent to Sell the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 12/09/2016

Douglas Elliman Of California

Last Buyer's Agent

Patrick Parry

Compass License #01829479

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,685

Year Built

  • Built in 1979

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • City Lights

Interior Spaces

  • 1,640 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dressing Area
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077425

Community Details

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,685

Year Built

Built in 1979

Lot Details

0

HOA Fees

$529 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077425
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1640.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 524.39
  • Room Type: Dressing Area, Master Bedroom
  • Spa Features: Association

Exterior Features

  • View: City Lights, Coastline, Ocean
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 529.05
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 1640.00

Multi Family

  • Lease Considered: No

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2024
Sold by
Kazemi Mina
Bought by
Fotohabadi Mark and Kazemi Mina
Total Days on Market
19
Current Estimated Value
$1,574,271

Purchase Details

Listed on
Dec 9, 2016
Closed on
Dec 22, 2016
Bought by
Kazemi Mina
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Patrick Parry
Compass
List Price
$879,000
Sold Price
$860,000
Premium/Discount to List
-$19,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$148,400
Interest Rate
4.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 27, 2014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Sood Brij and Sood Vinay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Quit Claim Deed -- Orange Coast Title
Quit Claim Deed -- Orange Coast Title
Grant Deed $860,000 Orange Coast Title Co Socal
Interfamily Deed Transfer -- Wfg Title Company
Grant Deed $650,000 Security Union Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 Credit Line Revolving
Previous Owner $742,967 New Conventional
Previous Owner $148,400 Credit Line Revolving
Previous Owner $625,500 New Conventional
Previous Owner $620,000 New Conventional
Previous Owner $233,500 Credit Line Revolving
Previous Owner $650,000 Unknown
Previous Owner $92,500 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $520,000 Purchase Money Mortgage
Closed $130,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Rented $5,750 -3.4% --
01/28/2024 01/28/24 Under Contract -- -- --
12/15/2023 12/15/23 For Rent $5,950 +8.2% --
02/10/2023 02/10/23 Rented $5,500 0.0% --
02/07/2023 02/07/23 For Rent $5,500 +11.1% --
04/07/2022 04/07/22 Rented $4,950 0.0% --
03/15/2022 03/15/22 Price Changed $4,950 -9.9% $3 / Sq Ft
02/03/2022 02/03/22 For Rent $5,495 +39.1% --
03/07/2021 03/07/21 Rented $3,950 0.0% --
02/02/2021 02/02/21 Price Changed $3,950 -10.2% $2 / Sq Ft
01/27/2021 01/27/21 For Rent $4,400 +17.3% --
11/18/2020 11/18/20 Rented $3,750 0.0% --
11/18/2020 11/18/20 Under Contract -- -- --
10/03/2020 10/03/20 For Rent $3,750 0.0% --
01/30/2017 01/30/17 Sold $860,000 -2.2% $524 / Sq Ft
12/09/2016 12/09/16 For Sale $879,000 -- $536 / 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 $10,685 $978,529 $769,182 $209,347
2023 $10,432 $959,343 $754,100 $205,243
2022 $10,256 $940,533 $739,314 $201,219
2021 $10,061 $922,092 $724,818 $197,274
2020 $9,965 $912,638 $717,386 $195,252
2019 $9,763 $894,744 $703,320 $191,424
2018 $9,570 $877,200 $689,529 $187,671
2017 $8,296 $761,940 $597,352 $164,588
2016 $8,110 $747,000 $585,639 $161,361
2015 $7,084 $646,000 $487,192 $158,808
2014 $6,471 $591,000 $432,192 $158,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16760614

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-25