NOT LISTED FOR SALE

240 Nice Ln Unit 107 Newport Beach, CA 92663

Estimated Value: $893,676 - $1,087,000

2 Beds
2 Baths
1,136 Sq Ft
$360/mo HOA Fee

Last Sold January 25, 2016

Last sale price $590,000 $519 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,240/month

19 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Newport Heights Elementary Rated A
  • All Bedrooms Downstairs
  • Peek-A-Boo Views

About This Home

As of January 2016

Ocean breezes from exclusive gated community of Villa Balboa in Newport Beach. This light and bright two bedroom and two bathroom corner location overlooks open greenbelt and peek a boo ocean views from balcony and bedrooms. Features include laminate flooring , white tiled counters with custom painted kitchen cabinetry, canned lighting, traditional fireplace mantle, tiled bathrooms, spa like master bath with walk-in shower and shower seat and much more... Great quiet location in the community. Villa Balboa has resort like facilities: pools, spas, club house, exercise room and tennis court. Live in a location just a short distance to the beach, boardwalks, parks and Pacific Coast Highway.

Last Agent to Sell the Property

Jennifer Wong

Compass License #01256649 Listed on: 11/04/2015

Compass

Last Buyer's Agent

Eric Mendel

The L3 License #01337408

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,594

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Automatic Gate

Property Views

  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Planned Development
  • Stucco

Interior Spaces

  • 1,136 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio

Additional Features

  • Accessible Elevator Installed
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077456

Community Details

Overview

  • Master Insurance
  • 449 Units
  • Action Property Management Association, Phone Number (800) 400-2284

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,594

Year Built

Built in 1979

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077456
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1136.00
  • Interior Amenities: Balcony, Living Room Balcony, Tile Counters, Unfurnished
  • Stories: 3
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate, Carpet, Tile
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 519.37
  • Room Type: All Bedrooms Down, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo, Park/Greenbelt
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside, Stackable
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Call for Rules, Clubhouse, Dues Paid Monthly, Gym/Ex Room, Insurance, Pet Rules, Pool, Sewer, Spa/Hot Tub, Trash
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Action Property Management
  • Phone: 800-400-2284
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Paved, Planned Unit Development
  • Lot Size Sq Ft: 1000.00
  • Price Per Lot Square Foot: 590.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 449
  • Number Of Units Total: 449

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 8336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 22, 2016
Sold by
Vonblum Heidi
Bought by
Bilbeisi Ismail Jordan
Seller's Agent
Jennifer Wong
Compass
Buyer's Agent
Eric Mendel
The L3
List Price
$598,000
Sold Price
$590,000
Premium/Discount to List
-$8,000
-1.34%
Current Estimated Value
$1,002,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,419
Avg. Annual Appreciation
5.58%
Original Mortgage
$531,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2015
Closed on
Nov 28, 2015
Sold by
Bilbeisi Ismail Jordan
Bought by
Amen Anthony James
Seller's Agent
Jennifer Wong
Compass
Buyer's Agent
Eric Mendel
The L3
List Price
$598,000
Sold Price
$590,000
Premium/Discount to List
-$8,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Bilbeisi Wathiq and Bilbeisi Sharon
Bought by
Bilbeisi Ismail Jordan

Purchase Details

Closed on
Mar 24, 2005
Sold by
Isaacs James John and Isaacs Julie Leah
Bought by
Bilbeisi Wathiq and Bilbeisi Sharon

Purchase Details

Closed on
Dec 8, 2003
Sold by
Ayre Justin J
Bought by
Isaacs James John and Isaacs Julia Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Connolly Robert M
Bought by
Ayre Justin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.5%
Source: Public Records

Range of Values:

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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
Bilbeisi Ismail Jordan -- Lawyers Title Company
Amen Anthony James $590,000 Lawyers Title Company
Bilbeisi Ismail Jordan -- None Available
Bilbeisi Wathiq -- None Available
Bilbeisi Wathiq $580,000 Fidelity National Title
Isaacs James John $425,000 Equity Title Company
Ayre Justin J $320,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amen Anthony James $531,000
Previous Owner Isaacs James John $312,000
Previous Owner Ayre Justin J $256,000
Closed Ayre Justin J $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $590,000 -1.3% $519 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $598,000 -- $526 / 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 $7,594 $698,438 $521,170 $177,268
2024 $7,594 $684,744 $510,951 $173,793
2023 $7,413 $671,318 $500,932 $170,386
2022 $7,286 $658,155 $491,109 $167,046
2021 $7,149 $645,250 $481,479 $163,771
2020 $7,080 $638,634 $476,542 $162,092
2019 $6,938 $626,112 $467,198 $158,914
2018 $6,802 $613,836 $458,037 $155,799
2017 $6,683 $601,800 $449,055 $152,745
2016 $6,441 $581,000 $426,976 $154,024
2015 $6,471 $581,000 $422,900 $158,100
2014 -- $484,000 $325,900 $158,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15239925

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-56