NOT LISTED FOR SALE

240 Nice Ln Unit 204 Newport Beach, CA 92663

Estimated Value: $1,093,595 - $1,175,000

2 Beds
2 Baths
1,312 Sq Ft
$549/mo HOA Fee

Last Sold March 23, 2021

Last sale price $790,000 $602 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,219/month

9 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Property is near a park
  • Newport Heights Elementary Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of March 2021

Beautifully upgraded 2 bed 2 bath home in Villa Balboa fully equipped with, maple cabinets, granite countertops, Newer appliances, a living room fireplace and much more. This home overlooks a quiet and serene greenbelt for the ultimate privacy. The Villa Balboa community has tennis courts, a state of the art gym, clubhouse, and it is gated. Living here you will only be minutes to the beach, 5 star restaurants, fashion island and the Newport Beach pier!

Last Agent to Sell the Property

Josef Szigeti

Douglas Elliman Of California License #01234785 Listed on: 01/26/2021

Douglas Elliman Of California

Last Buyer's Agent

Leticia Guerrero

The Real Estate Resource Group License #01214059

The Real Estate Resource Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,136

Year Built

  • Built in 1979

Lot Details

  • 1,311

HOA Fees

  • $549 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077470

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,136

Year Built

Built in 1979

Lot Details

0

HOA Fees

$549 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077470
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1312.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 602.13
  • Room Type: Master Bedroom
  • Spa Features: Association

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • 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), Gym/Ex Room, Clubhouse
  • Association Fee: 549.32
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 949-450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Villa Balboa

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 1312.00
  • Lot Size Acres: 0.0301

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1312.0000 Square Feet
  • Number Of Units In Community: 445
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 636.03
  • Tax Lot: 14
  • Tax Tract Number: 8336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Feb 8, 2021
Sold by
Barickman Diana K and The Diana K Barickman Living T
Bought by
Cannon William and Cannon Deborah P
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Leticia Guerrero
The Real Estate Resource Group
List Price
$787,000
Sold Price
$790,000
Premium/Discount to List
$3,000
0.38%
Current Estimated Value
$1,128,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,899
Avg. Annual Appreciation
8.05%
Original Mortgage
$592,500
Outstanding Balance
$529,926
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$598,973

Purchase Details

Closed on
Aug 17, 2015
Sold by
Barickman Diana K
Bought by
The Diana K Barickman Living Trust

Purchase Details

Listed on
Nov 15, 2013
Closed on
Mar 6, 2014
Sold by
Janowski William J and Janowski Linda
Bought by
Barickman Diana K
Seller's Agent
Linda Janowski
Select Real Estate
Buyer's Agent
Josef Szigeti
Douglas Elliman Of California
List Price
$559,900
Sold Price
$515,000
Premium/Discount to List
-$44,900
-8.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Nov 17, 2006
Sold by
Hendrick Clare L
Bought by
Janowski William J and Janowski Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2003
Sold by
Reed Pamela K
Bought by
Hendrick Clare L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,900
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2000
Sold by
Henry Segerstrom Toren
Bought by
Reed Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
8.15%
Source: Public Records

Range of Values:

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Average Value
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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
Cannon William $790,000 Fidelity Natl Ttl Orange Cnt
The Diana K Barickman Living Trust -- None Available
Barickman Diana K $515,000 Ticor Title Tustin Orange Co
Janowski William J $525,000 Orange Coast Title
Hendrick Clare L $430,000 --
Reed Pamela K $259,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannon William $592,500
Previous Owner Janowski William J $310,000
Previous Owner Hendrick Clare L $343,900
Previous Owner Reed Pamela K $207,200
Closed Reed Pamela K $25,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2021 03/23/21 Sold $790,000 +0.4% $602 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $787,000 +52.8% $600 / Sq Ft
03/25/2014 03/25/14 Sold $515,000 -6.3% $393 / Sq Ft View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
12/01/2013 12/01/13 Price Changed $549,900 -1.8% $420 / Sq Ft
11/15/2013 11/15/13 For Sale $559,900 -- $427 / 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 $9,136 $855,121 $663,647 $191,474
2024 $9,136 $838,354 $650,634 $187,720
2023 $8,918 $821,916 $637,876 $184,040
2022 $8,766 $805,800 $625,368 $180,432
2021 $6,496 $583,237 $400,586 $182,651
2020 $6,434 $577,257 $396,478 $180,779
2019 $6,306 $565,939 $388,704 $177,235
2018 $6,182 $554,843 $381,083 $173,760
2017 $6,074 $543,964 $373,611 $170,353
2016 $5,941 $533,299 $366,286 $167,013
2015 $5,883 $525,289 $360,784 $164,505
2014 $5,735 $514,000 $318,280 $195,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21016529

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-70