NOT LISTED FOR SALE

240 Nice Ln Unit 117 Newport Beach, CA 92663

Estimated Value: $795,237 - $934,000

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

Last Sold April 03, 2019

Last sale price $540,000 $590 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,300/month

Highlights

  • Ocean View
  • Community Pool
  • Laundry Room
  • Newport Heights Elementary Rated A
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of April 2019

Adorable and affordable Villa Balboa ground floor unit minutes to the sand, restaurants and shops. Clean, bright and move in ready, this is the ideal unit to get your "feet wet" in the highly prestigious and desirable Newport Beach area. A total value buy, this 1 bd unit offers updated hardwood flooring, granite counters, custom maple cabinets and a renovated bathroom. Exterior highlights include a private oversized balcony with partial ocean views and plenty of space for entertaining. The last time anything came out at this price at Villa Balboa it sold super fast, so don't wait!

Last Agent to Sell the Property

Dana Frank

Rodeo Realty License #01386144 Listed on: 01/15/2019

Rodeo Realty

Last Buyer's Agent

Sherry Wild

Luxre Realty, Inc. License #01480453

Luxre Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1979

Lot Details

  • 1 Common Wall
  • No Landscaping

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 915 Sq Ft Home
  • 1-Story Property
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 7072
  • Assessor Parcel Number 93077466

Community Details

Overview

  • 445 Units
  • Action Property Management Association, Phone Number (949) 450-0202

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,529

Year Built

Built in 1979

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Zoning: CONDO
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077466
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 915.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 590.16
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 340.48
  • Association Fee Frequency: Monthly
  • Association Name: Action Property Management
  • Phone: 949-450-0202
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

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

Multi Family

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

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 14
  • Tax Tract Number: 07072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Ann Engelke Pamela
Bought by
Pamela Ann Brimble Engelke Living Trust
Current Estimated Value
$843,809

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 21, 2019
Sold by
Bollinger Brenda
Bought by
Engelke Pamela Ann
Seller's Agent
Dana Frank
Rodeo Realty
Buyer's Agent
Sherry Wild
Luxre Realty, Inc.
List Price
$579,000
Sold Price
$540,000
Premium/Discount to List
-$39,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bollinger Brenda
Bought by
Bollinger Brenda and The Brenda Bollinger Trust

Purchase Details

Listed on
Jun 11, 2014
Closed on
Jul 15, 2014
Sold by
Hochuli Shawn and Hochuli Bonnie
Bought by
Bollinger Brenda
Seller's Agent
Ronnie Hackett
Berkshire Hathaway HomeService
Buyer's Agent
Todd Pitner
Promax Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$348,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2008
Sold by
Goward Beryl and Goward Richard A
Bought by
Hochuli Shawn and Hochuli Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,441
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2000
Sold by
Bova Nancy K
Bought by
Goward Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.96%
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
Pamela Ann Brimble Engelke Living Trust -- Oc Wills And Trust
Engelke Pamela Ann $540,000 Progressive Title Company
Bollinger Brenda -- None Available
Bollinger Brenda $465,000 California Title Company
Hochuli Shawn $350,000 Fidelity National Title
Goward Richard A $189,000 Guardian Title Company
Goward Richard A -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engelke Pamela Ann $400,000
Previous Owner Bollinger Brenda $348,750
Previous Owner Hochuli Shawn $345,441
Previous Owner Goward Richard A $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2019 04/03/19 Sold $540,000 -6.7% $590 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $579,000 +24.5% $633 / Sq Ft
07/29/2014 07/29/14 Sold $465,000 -2.1% $508 / Sq Ft View Prior Sale
06/11/2014 06/11/14 For Sale $475,000 -- $519 / 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 $6,529 $602,378 $451,611 $150,767
2024 $6,529 $590,567 $442,756 $147,811
2023 $6,372 $578,988 $434,075 $144,913
2022 $6,261 $567,636 $425,564 $142,072
2021 $6,141 $556,506 $417,219 $139,287
2020 $6,081 $550,800 $412,941 $137,859
2019 $5,549 $500,985 $369,757 $131,228
2018 $5,440 $491,162 $362,507 $128,655
2017 $5,343 $481,532 $355,399 $126,133
2016 $5,225 $472,091 $348,431 $123,660
2015 $5,173 $465,000 $343,197 $121,803
2014 $4,123 $367,671 $224,968 $142,703
Source: Public Records

Agents Affiliated with this Home

  • Dana Frank

    Seller's Agent in 2019

    Dana Frank

    Rodeo Realty

    (818) 618-6000

    143 Total Sales

    Dana Frank
    Section Image

  • S

    Buyer's Agent in 2019

    Sherry Wild

    Luxre Realty, Inc.

    (949) 275-8937

    30 Total Sales

    Sherry Wild
    Section Image
  • Ronnie Hackett

    Seller's Agent in 2014

    Ronnie Hackett

    Berkshire Hathaway HomeService

    (949) 554-9198

    171 Total Sales

    Ronnie Hackett
    Section Image
  • Cyrena Bulahan

    Seller Co-Listing Agent in 2014

    Cyrena Bulahan

    Berkshire Hathaway HomeService

    (949) 644-6200

    124 Total Sales

    Cyrena Bulahan
    Section Image

  • T

    Buyer's Agent in 2014

    Todd Pitner

    Promax Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19010823

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-66

California Orange County Newport Beach 92663

240 Nice Ln Unit 117, Newport Beach, CA

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