$675,000
SOLD APR 29, 2016

220 Nice Ln Unit 212 Newport Beach, CA 92663

2 Beds
2 Baths
1,314 Sq Ft
$435/mo HOA Fee

Recently Sold

$514 Per Sq Ft

3% Below List Price

Highlights

  • Ocean View
  • Fitness Center
  • Clubhouse
  • Newport Heights Elementary Rated A
  • Private Pool
  • Recreation Room

About This Home

As of September 2020

Enjoy gorgeous ocean views from your balcony and living room. Feel at home in this second floor unit condo with two spacious bedrooms and living room that have balcony access through window sliding doors. Kitchen provides view to comfortable living room with fireplace, breakfast bar and ample cabinetry for storage. Living room allows for dining area with chandelier. Master bedroom with dual sinks in private bathroom with full size walk in closet. Take a short walk to the beach or enjoy the community amenities including pool & spa, clubhouse, exercise room or tennis courts. Villa Balboa is conveniently located to beach, boardwalk, parks, restaurants and entertainment.

Last Agent to Sell the Property

Susan Zambetti-Ruda

Pinnacle Estate Properties, Inc. License #01233663 Listed on: 09/03/2015

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Gregg McElwee

American Home Realty License #00927539

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,931

Year Built

  • Built in 1979

HOA Fees

  • $435 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,314 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room Balcony
  • Recreation Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Legal Lot and Block 13 / 3
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077429

Community Details

Overview

  • 49 Units
  • Villa Balboa Association, Phone Number (800) 400-2284

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,931

Year Built

Built in 1979

Lot Details

0

HOA Fees

$435 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Text for combo
  • Other Phone Number: 818-305-5295
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077429
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1314.00
  • Interior Amenities: Living Room Balcony, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 513.70
  • Room Type: Living Room, Master Bedroom, Recreation

Exterior Features

  • View: Ocean, Water
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Microwave
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Gym/Ex Room, Pool, Tennis Court(s)
  • Association Fee: 435.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 800-400-2284
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 1314.00
  • Price Per Lot Square Foot: 513.70
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 49
  • Number Of Units Total: 49

Tax Info

  • Tax Block: 3
  • 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
$1,170,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,973
Avg. Annual Appreciation
8.57%
Original Mortgage
$612,000
Outstanding Balance
$448,303
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$703,970

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 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: SR15195460

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-29