NOT LISTED FOR SALE

220 Nice Ln Unit 214 Newport Beach, CA 92663

Estimated Value: $875,359 - $990,000

1 Bed
1 Bath
1,000 Sq Ft
$918/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $595,000 $595 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,792/month

83 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Across the Road from Lake or Ocean
  • Newport Heights Elementary Rated A
  • Spa
  • Ocean Side of Freeway

About This Home

As of May 2018

Lowest priced property in Villa Balboa! Welcome to the Villa Balboa community! Beautiful, spacious ocean view home overlooking the gorgeous blue Pacific Ocean. Panoramic Catalina and Ocean views from both the living room and master bedroom. This one bedroom, one bath is fully upgraded with plantation shutters, crown molding, recessed lighting, large living room and over-sized master suite. Community offers resort style living with association pool, spa, community underground garage and full gym. Less than a mile from the beach, close to restaurants, entertainment and freeways. Don't miss out on this Newport Beach getaway...

Last Agent to Sell the Property

Sean Jarne

First Team Real Estate License #01447010 Listed on: 01/07/2018

First Team Real Estate

Last Buyer's Agent

Yang-uk Kim

ReMax Tiffany Real Estate License #01087301

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,299

Year Built

  • Built in 1979

Lot Details

  • 1,000 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Northwest Facing Home
  • Fenced
  • Fence is in excellent condition

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Common Roof
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

Accessible Home Design

  • Halls are 36 inches wide or more
  • Accessibility Features
  • Doors swing in
  • No Interior Steps
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Spa
  • Ocean Side of Freeway
  • Living Room Balcony
  • Tile Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean
  • Property is near a clubhouse

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 15
  • Assessor Parcel Number 93077431

Community Details

Overview

  • 500 Units
  • Villa Balboa Community Assn Association, Phone Number (949) 929-8707

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,299

Year Built

Built in 1979

Lot Details

0

HOA Fees

$315 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Firewall(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93077431
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished
  • Stories: 1
  • Entry Location: First Floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 36 Inch Or More Wide Halls, Disability Features, Doors - Swing In, No Interior Steps, Parking, Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 595.00
  • Room Type: All Bedrooms Down, Entry, Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Community, Association
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Remodeled

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Lighting
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete, Tile
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Concrete, Steel, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Covered, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Refrigerator, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Stackable
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Tennis Court(s), Clubhouse, Trash, Dues Paid Monthly
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa Community Assn
  • Phone: 949 929 8707
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse, Cul-De-Sac
  • Lot Size Sq Ft: 1000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 500
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 35
  • Tax Tract Number: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2019
Sold by
Sarreshteh Ali and Pietsch Christine
Bought by
Sarreshteh Ali and Ali Sarreshteh Living Trust
Total Days on Market
83
Current Estimated Value
$917,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$262,031
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$655,559

Purchase Details

Closed on
Aug 23, 2018
Sold by
Sarreshteh Ali and Pietsch Christine
Bought by
Sarreshteh Ali and The Ali Sarreshteh Living Trust

Purchase Details

Listed on
Jan 7, 2018
Closed on
Apr 3, 2018
Sold by
Jarne Sean Robert
Bought by
Sarreshteh Ali and Pietsch Chrsitine
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Yang-uk Kim
ReMax Tiffany Real Estate
List Price
$599,999
Sold Price
$595,000
Premium/Discount to List
-$4,999
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$297,500
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2006
Sold by
Godley Robert and Godley Stacy A
Bought by
Jarne Sean Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2005
Sold by
Godley Robert
Bought by
Godley Robert and Godley Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2004
Sold by
Godley Robert
Bought by
Godley Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 29, 2001
Sold by
Manning Scott A and Manning Kerri Ann
Bought by
Godley Robert and Godley Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
6.37%

Purchase Details

Closed on
Sep 27, 1998
Sold by
Russell Thomas J
Bought by
Mclaughlin Kerri Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.6%
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
Sarreshteh Ali -- Accommodation
Sarreshteh Ali -- First American Title Ins Co
Sarreshteh Ali -- None Available
Sarreshteh Ali $595,000 Western Resources Title Co
Jarne Sean Robert $550,000 First American Title Co Wrt
Godley Robert -- First American Title Ins Co
Godley Robert -- Lawyers Title Ins
Godley Robert $258,000 Equity Title Company
Mclaughlin Kerri Ann $160,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarreshteh Ali $296,000
Previous Owner Sarreshteh Ali $297,500
Previous Owner Jarne Sean Robert $440,000
Previous Owner Jarne Sean Robert $440,000
Previous Owner Godley Robert $292,000
Previous Owner Godley Robert $58,000
Previous Owner Godley Robert $242,500
Previous Owner Manning Kerri Ann $51,500
Previous Owner Mclaughlin Kerri Ann $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $595,000 -0.8% $595 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $599,999 0.0% $600 / Sq Ft
02/15/2016 02/15/16 Rented $2,300 0.0% --
02/02/2016 02/02/16 Price Changed $2,300 -2.1% $3 / Sq Ft
12/10/2015 12/10/15 Price Changed $2,350 -2.1% $3 / Sq Ft
12/02/2015 12/02/15 For Rent $2,400 -- --
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 $7,299 $663,733 $519,734 $143,999
2023 $7,124 $650,719 $509,543 $141,176
2022 $7,000 $637,960 $499,552 $138,408
2021 $6,867 $625,451 $489,756 $135,695
2020 $6,800 $619,038 $484,734 $134,304
2019 $6,663 $606,900 $475,229 $131,671
2018 $6,131 $550,000 $390,151 $159,849
2017 $6,138 $550,000 $390,151 $159,849
2016 $6,116 $550,000 $390,151 $159,849
2015 $5,207 $461,250 $301,401 $159,849
2014 $5,181 $461,250 $301,401 $159,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18004437

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-31