$765,000
SOLD SEP 22, 2020

220 Nice Ln Unit 212 Newport Beach, CA 92663

2 Beds
2 Baths
1,317 Sq Ft
$555/mo HOA Fee

Recently Sold

$581 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Spa
  • Newport Heights Elementary Rated A
  • 24-Hour Security
  • Two Primary Bedrooms

About This Home

As of September 2020

Most desirable floorplan with 2 master sized bedrooms 2 baths with ocean and harbor views. Own a slice of paradise with beautiful sunset views and ocean breezes. Resort living with 2 pools, spas, BBQ area, tennis courts, workout facility, clubhouse and ocean close. Remodeled kitchen with granite counter tops, decorative back splash and newer stainless steel appliances . Oversized balcony 9'x 33' with storage closets. Two assigned, secure and covered parking spaces. Must see!

Last Agent to Sell the Property

Gregg McElwee

American Home Realty License #00927539 Listed on: 07/31/2020

Last Buyer's Agent

Carter Kaufman

Compass License #01968622

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,931

Year Built

  • Built in 1979

HOA Fees

  • $555 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Tandem Garage
  • Automatic Gate
  • Controlled Entrance

Property Views

  • Ocean
  • Harbor

Interior Spaces

  • 1,317 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub

Outdoor Features

  • Spa
  • Balcony
  • Patio

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077429

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,931

Year Built

Built in 1979

Lot Details

0

HOA Fees

$555 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Card/Code Access
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Zoning: PC
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077429
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1317.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 580.87
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Double Sinks In Bath(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Harbor, Ocean
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Subterranean, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, Inside
  • 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), Gym/Ex Room, Clubhouse, Security, Controlled Access
  • Association Fee: 555.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Park, Sidewalks
  • Association Management: Villa Balboa

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
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
$1,192,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,545
Avg. Annual Appreciation
8.62%
Original Mortgage
$612,000
Outstanding Balance
$438,916
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$714,767

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

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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
Grant Deed $765,000 First American Title
Grant Deed $675,000 Priority Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $710,000 Chicago Title Company
Grant Deed $495,000 Fidelity Title
Grant Deed $315,000 Commonwealth Land Title
Interfamily Deed Transfer -- --
Individual Deed $242,500 Guardian Title Company
Interfamily Deed Transfer -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $612,000 New Conventional
Previous Owner $607,500 New Conventional
Previous Owner $506,250 Purchase Money Mortgage
Previous Owner $470,250 Purchase Money Mortgage
Previous Owner $286,500 Unknown
Previous Owner $252,000 No Value Available
Previous Owner $18,000 Credit Line Revolving
Previous Owner $10,000 Unknown
Previous Owner $17,000 Stand Alone Second
Previous Owner $216,000 Unknown
Previous Owner $194,000 No Value Available
Closed $31,500 No Value Available
Closed $67,500 No Value Available
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
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
2025 $8,931 $828,060 $635,011 $193,049
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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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20152973

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-29