$525,000
SOLD DEC 11, 2019

240 Nice Ln Unit 114 Newport Beach, CA 92663

1 Bed
1 Bath
911 Sq Ft
$340/mo HOA Fee

Recently Sold

$576 Per Sq Ft

3% Below List Price

93 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Tennis Courts
  • Newport Heights Elementary Rated A
  • Spa
  • Eat-In Kitchen

About This Home

As of December 2019

Great one bedroom one bath master condo. Enjoy breathtaking sunsets and the ocean breeze from the patio! Fantastic association with ample parking, pools, spas, tennis courts, and a state of the art fitness center! Just moments to the oceanfront. Close to Fashion Island, & Lido Island and plenty of 5 star restaurants.

Last Agent to Sell the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 07/16/2019

Douglas Elliman Of California

Last Buyer's Agent

Mike Mancuso

Jason Mitchell R. E. Calif. License #01707473

Jason Mitchell R. E. Calif.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,311

Year Built

  • Built in 1979

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Stucco

Interior Spaces

  • 911 Sq Ft Home
  • Carpet
  • Ocean Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Spa
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077463

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,311

Year Built

Built in 1979

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077463
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 911.00 Square Feet
  • Interior Amenities: Elevator
  • Entry Location: Elevator
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 576.29
  • Room Type: All Bedrooms Down
  • Spa Features: Association

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Gym/Ex Room
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: (949) 450-0202
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Villa Balboa

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 445
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Model: 3
  • Tax Tract Number: 8336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Unknown
Bought by
Turmala Brandon and Turmala Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$166,259
Interest Rate
7.44%
Mortgage Type
Credit Line Revolving
Estimated Equity
$666,634

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 30, 2019
Sold by
Riskin Stuart and Villa Hugo C
Bought by
Turmala Brandon and Nguyen Christine
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Mike Mancuso
Jason Mitchell R. E. Calif.
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$498,750
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Riskin Stuart S and Villas Hugo C
Bought by
Riskin Stuart S and Villa Hugo C

Purchase Details

Closed on
Oct 27, 1994
Sold by
Sims Wayne R and Ford Robert W
Bought by
Riskin Stuart Seidel and Villa Hugo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
8.9%
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 -- Monarch Title
Grant Deed $525,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $132,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 Credit Line Revolving
Previous Owner $492,000 New Conventional
Previous Owner $498,750 New Conventional
Previous Owner $147,000 New Conventional
Previous Owner $162,000 Unknown
Previous Owner $117,000 Unknown
Previous Owner $118,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2025 07/06/25 For Sale $839,000 0.0% $917 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $839,000 +59.8% $917 / Sq Ft
12/11/2019 12/11/19 Sold $525,000 -1.9% $576 / Sq Ft
09/04/2019 09/04/19 Price Changed $535,000 -0.9% $587 / Sq Ft
07/16/2019 07/16/19 For Sale $540,000 0.0% $593 / Sq Ft
08/04/2016 08/04/16 Rented $2,100 0.0% --
07/20/2016 07/20/16 For Rent $2,100 +16.7% --
07/01/2013 07/01/13 Rented $1,800 0.0% --
06/26/2013 06/26/13 Under Contract -- -- --
06/12/2013 06/12/13 For Rent $1,800 0.0% --
05/16/2012 05/16/12 Rented $1,800 0.0% --
05/16/2012 05/16/12 Under Contract -- -- --
04/30/2012 04/30/12 For Rent $1,800 -- --
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 $6,311 $562,904 $417,991 $144,913
2023 $6,161 $551,867 $409,795 $142,072
2022 $6,055 $541,047 $401,760 $139,287
2021 $5,941 $530,439 $393,883 $136,556
2020 $5,883 $525,000 $389,844 $135,156
2019 $2,445 $198,750 $57,563 $141,187
2018 $2,399 $194,853 $56,434 $138,419
2017 $2,359 $191,033 $55,328 $135,705
2016 $2,309 $187,288 $54,243 $133,045
2015 $2,285 $184,475 $53,428 $131,047
2014 $2,233 $180,862 $52,382 $128,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19168412

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-63