NOT LISTED FOR SALE

220 Nice Ln Unit 212 Newport Beach, CA 92663

Estimated Value: $1,094,000 - $1,235,000

2 Beds
2 Baths
1,317 Sq Ft
$875/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $765,000 $581 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,859/month

About This Home

As of September 2020

Pleasantly situated overlooking the ocean, this highly desirable floorplan includes 2 master sized bedrooms plus 2 baths with spectacular views. The condo is just a short walk away from the beach and Sunset Ridge park. The development encompasses resort style living with 2 pools, spas, BBQ area, tennis courts, workout facility, clubhouse, and excellent walkability. The kitchen has been completely remodeled with granite counter tops, decorative back splash, and newer stainless-steel appliances. Oversized balcony 9'x 33' with storage closets and views throughout. Two assigned, secure, and covered parking spaces in the underground garage. 12 Month Lease Unfurnished. No Pets, No Smoking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Aug 16, 2020
Sold by
Klingelhofer Jeffrey and Klingelhofer Aubrey
Bought by
Hoffmann Christian and Hoffmann Pallavi
Seller's Agent
Gregg McElwee
American Home Realty
Buyer's Agent
Carter Kaufman
Compass
List Price
$794,900
Sold Price
$765,000
Premium/Discount to List
-$29,900
-3.76%
Current Estimated Value
$1,152,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,273
Avg. Annual Appreciation
9.57%
Original Mortgage
$612,000
Outstanding Balance
$448,303
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$725,875

Purchase Details

Listed on
Sep 3, 2015
Closed on
Mar 22, 2016
Sold by
Larkin James Paul and Larkin Hanna Bjorn
Bought by
Klingelhofer Jeffrey and Klinglhofer Aubrey
Seller's Agent
Susan Zambetti-Ruda
Pinnacle Estate Properties, Inc.
Buyer's Agent
Gregg McElwee
American Home Realty
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$607,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2013
Sold by
Larkin James Paul and Nielsen Ronald J
Bought by
Larkin James Paul and Larkin Hanna Bjorn

Purchase Details

Closed on
Aug 24, 2004
Sold by
Loughran James M
Bought by
Larkin James Paul and Nielsen Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Conover Julie and Solliday Anthony
Bought by
Loughran James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2001
Sold by
Bahnsen David L
Bought by
Conover Julie and Solliday Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.15%

Purchase Details

Closed on
Jan 7, 2000
Sold by
Bahnsen David L
Bought by
Bahnsen David L and David L Bahnsen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 1998
Sold by
Mark Horn and Mark Max Johnny
Bought by
Bahnsen David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
7.12%

Purchase Details

Closed on
Sep 22, 1994
Sold by
Horn Mark Steven
Bought by
Horn Mark Steven and Horn Johnny Max

Purchase Details

Closed on
Mar 10, 1994
Sold by
Horn Johnny Max and Horn Violeta Mania
Bought by
Horn Mark Steven
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hoffmann Christian $765,000 First American Title
Klingelhofer Jeffrey $675,000 Priority Title Company
Larkin James Paul -- Accommodation
Larkin James Paul $710,000 Chicago Title Company
Loughran James M $495,000 Fidelity Title
Conover Julie $315,000 Commonwealth Land Title
Bahnsen David L -- --
Bahnsen David L $242,500 Guardian Title Company
Horn Mark Steven -- --
Horn Mark Steven -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Christian $612,000
Previous Owner Klingelhofer Jeffrey $607,500
Previous Owner Larkin James Paul $506,250
Previous Owner Loughran James M $470,250
Previous Owner Solliday Anthony $286,500
Previous Owner Conover Julie $252,000
Previous Owner Bahnsen David L $18,000
Previous Owner Bahnsen David L $10,000
Previous Owner Bahnsen David L $17,000
Previous Owner Bahnsen David L $216,000
Previous Owner Bahnsen David L $194,000
Closed Conover Julie $31,500
Closed Larkin James Paul $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Rented $3,550 +1.6% --
10/15/2020 10/15/20 Price Changed $3,495 -7.9% $3 / Sq Ft
10/06/2020 10/06/20 Price Changed $3,795 -5.0% $3 / Sq Ft
09/28/2020 09/28/20 For Rent $3,995 0.0% --
09/22/2020 09/22/20 Sold $765,000 -3.8% $581 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $794,900 +17.8% $604 / Sq Ft
04/29/2016 04/29/16 Sold $675,000 -2.9% $514 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $695,000 -- $529 / Sq Ft

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 $8,931 $811,824 $622,560 $189,264
2023 $8,719 $795,906 $610,353 $185,553
2022 $8,571 $780,300 $598,385 $181,915
2021 $8,409 $765,000 $586,651 $178,349
2020 $8,048 $730,641 $558,779 $171,862
2019 $7,887 $716,315 $547,822 $168,493
2018 $7,731 $702,270 $537,080 $165,190
2017 $7,596 $688,500 $526,549 $161,951
2016 $6,903 $625,000 $476,840 $148,160
2015 $6,155 $551,000 $402,840 $148,160
2014 $5,399 $482,071 $333,911 $148,160
Source: Public Records

Agents Affiliated with this Home

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