NOT LISTED FOR SALE

240 Nice Ln Unit 115 Newport Beach, CA 92663

Estimated Value: $776,000 - $839,000

1 Bed
1 Bath
911 Sq Ft
$384/mo HOA Fee

Last Sold May 12, 2021

Last sale price $559,000 $614 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,111/month

124 Days on Market

Highlights

  • Ocean View
  • Spa
  • Breakfast Bar
  • Newport Heights Elementary Rated A
  • Tennis Courts
  • Laundry Room

About This Home

As of May 2021

Immaculate large 1 bedroom 1 bath, with a small ocean view. Completely updated! beautiful hardwood flrs. Awesome gourmet kitchen, stainless appliances. Upgraded bathroom. Enjoy breathtaking sunsets and ocean breeze from the wide and large patio! Great association, with pools, tennis courts, spa, clubhouse & "state of the art" gym. Moments to the ocean-front.

Last Agent to Sell the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 12/10/2020

Douglas Elliman Of California

Last Buyer's Agent

Tyler Brown

Compass License #02043514

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1979

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Stucco

Interior Spaces

  • 911 Sq Ft Home
  • Family Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Range

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 93077464

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,630

Year Built

Built in 1979

Lot Details

0

HOA Fees

$384 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077464
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 911.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 613.61
  • Room Type: Family Room
  • Spa Features: Association

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • 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)
  • Association Fee: 384.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: (949) 450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Villa Balboa

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 Lot: 14
  • Tax Tract Number: 8336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
May 6, 2021
Sold by
Hernandez Andrew and Hernandez Gina
Bought by
Fragione Robert and Ferrer Fragione Cheryl
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Tyler Brown
Compass
List Price
$579,000
Sold Price
$559,000
Premium/Discount to List
-$20,000
-3.45%
Current Estimated Value
$797,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,444
Avg. Annual Appreciation
8.29%
Original Mortgage
$349,000
Outstanding Balance
$316,281
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$481,163

Purchase Details

Closed on
Jan 14, 2009
Sold by
Macfarlane Robert L
Bought by
Hernandez Andrew and Hernandez Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2001
Sold by
Patenaude Erika Nelson and Nelson Erika B
Bought by
Karman Patrick Dennis and Karman Wilawan

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
6.63%

Purchase Details

Closed on
Jun 23, 1997
Sold by
Fox Rosalle Bernice
Bought by
Huntington Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
7.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 11, 1997
Sold by
Huntington Daniel C
Bought by
Macfarlane Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
7.93%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Fragione Robert $559,000 Fidelity National Title
Hernandez Andrew $402,500 Equity Title Company
Karman Patrick Dennis $270,000 Stewart Title
Huntington Daniel C -- Guardian Title Company
Macfarlane Robert L $129,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fragione Robert $349,000
Previous Owner Hernandez Andrew $322,000
Previous Owner Karman Patrick Dennis $216,000
Previous Owner Macfarlane Robert L $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2021 05/12/21 Sold $559,000 0.0% $614 / Sq Ft
04/08/2021 04/08/21 Price Changed $559,000 -2.6% $614 / Sq Ft
02/12/2021 02/12/21 Price Changed $574,000 -0.9% $630 / Sq Ft
12/10/2020 12/10/20 For Sale $579,000 -- $636 / 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 $6,630 $605,078 $460,509 $144,569
2024 $6,630 $593,214 $451,479 $141,735
2023 $6,472 $581,583 $442,627 $138,956
2022 $6,361 $570,180 $433,948 $136,232
2021 $5,398 $478,846 $330,275 $148,571
2020 $5,346 $473,937 $326,889 $147,048
2019 $5,241 $464,645 $320,480 $144,165
2018 $5,139 $455,535 $314,196 $141,339
2017 $5,049 $446,603 $308,035 $138,568
2016 $4,939 $437,847 $301,996 $135,851
2015 $4,891 $431,271 $297,460 $133,811
2014 $4,777 $422,823 $291,633 $131,190
Source: Public Records

Agents Affiliated with this Home

  • Josef Szigeti

    Seller's Agent in 2021

    Josef Szigeti

    Douglas Elliman Of California

    (949) 270-0449

    48 Total Sales

    Josef Szigeti
    Section Image
  • Tyler Brown

    Buyer's Agent in 2021

    Tyler Brown

    Compass

    (949) 220-4409

    97 Total Sales

    Tyler Brown
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20254879

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-64

California Orange County Newport Beach 92663

240 Nice Ln Unit 115, Newport Beach, CA

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