NOT LISTED FOR SALE

240 Nice Ln Unit 214 Newport Beach, CA 92663

Estimated Value: $745,801 - $843,000

1 Bed
1 Bath
915 Sq Ft
1979 Built

Last Sold July 20, 2020

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

Est. 51% increase in value since last sale

Current estimated payment $5,044/month

Highlights

  • Fitness Center
  • Heated Spa
  • Quartz Countertops
  • Newport Heights Elementary Rated A
  • Gated Parking
  • Neighborhood Views

About This Home

As of April 2024

READY TO MOVE IN MAY 1ST. Villa Balboa Unfurnished 1 Bedroom 1 bath with an open floor plan. Beautiful hardwood floors, large recently remodeled kitchen with quartz countertops. Spacious master Primary bedroom with a walk-in closet. Conveniently located near Newport Beaches, only a bike ride away or walking distance (1/2 mile away), great restaurants, Lido Marina Village, fashion island and much more. Gated community that includes tennis courts, access to 2 pools, spa, gym and clubhouse. The unit faces Superior Ave. 1 Underground parking space. Elevator access.
This is a long term lease and not available for short term.

Last Agent to Rent the Property

Omar Renteros

Beachview Rentals Brokerage Phone: 949-2886311 License #01295825 Listed on: 03/18/2024

Last Renter's Agent

Omar Renteros

Beachview Rentals Brokerage Phone: 949-2886311 License #01295825 Listed on: 03/18/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Gated Parking
  • Parking Permit Required
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Composition Roof

Interior Spaces

  • 915 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,100
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 3/31/23
  • Tax Lot 14
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077480

Community Details

Overview

  • Property has a Home Owners Association
  • 445 Units
  • Association Phone (714) 608-2216
  • Villa Balboa Subdivision

Recreation

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,418

Year Built

Built in 1979

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-03-31
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3100
  • Furnished: Unfurnished
  • Total Move In Costs: 6200.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Zoning: CONDO
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93077480
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 915.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 3
  • Entry Location: SECOND LEVEL
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.50
  • Room Type: All Bedrooms Up
  • Spa Features: Association, Heated, In Ground
  • Room Kitchen Features: Quartz Counters
  • Basement: Unfinished

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Covered, Gated, Permit Required
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, 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
  • Phone: 7146082216
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Management Co: Beachview Realty
  • Management Co Phone: 9496732627
  • Management Co Phone Ext: 1001
  • Number Of Units In Community: 445
  • Number Of Units Total: 445
  • Rent Includes: Association Dues

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
Mar 4, 2020
Closed on
Jun 11, 2020
Sold by
Havel Jan and Havel Margot M
Bought by
Fox Marni Lyn
Seller's Agent
Josef Szigeti
Douglas Elliman Of California
Buyer's Agent
Haleh Saghafi
Orange County Real Estate Inc
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%
Current Estimated Value
$816,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,304
Avg. Annual Appreciation
8.78%
Original Mortgage
$432,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
Babayan R Fredric and Raczkowski Veronica M
Bought by
Havel Jan and Havel Margot M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Babayan R Fredric
Bought by
Caliohio Llc

Purchase Details

Closed on
May 4, 2004
Sold by
Girgin Mustafa Ali
Bought by
Babayan R Fredric and Raczkowski Veronica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2000
Sold by
Bell Nancie L
Bought by
Girgin Mustafa Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.89%

Purchase Details

Closed on
Mar 30, 1994
Sold by
Wong Deanna K and Hall Roy C
Bought by
Bell Nancie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
8.1%
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
Fox Marni Lyn $540,000 First American Title
Havel Jan $445,000 Fidelity National Title Co
Babayan R Fredric -- Fidelity National Title Co
Caliohio Llc -- --
Babayan R Fredric $421,000 First American Title Co
Girgin Mustafa Ali $190,000 First American Title Ins Co
Bell Nancie L $142,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Marni Lyn $424,000
Closed Fox Marni Lyn $432,000
Previous Owner Havel Jan $182,750
Previous Owner Havel Jan $200,000
Previous Owner Babayan R Fredric $333,700
Previous Owner Girgin Mustafa Ali $123,500
Previous Owner Girgin Mustafa Ali $120,000
Previous Owner Bell Nancie L $110,000
Previous Owner Bell Nancie L $111,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Rented $3,200 0.0% --
03/23/2024 03/23/24 Under Contract -- -- --
03/18/2024 03/18/24 For Rent $3,200 +3.2% --
02/13/2023 02/13/23 Rented $3,100 0.0% --
01/30/2023 01/30/23 Under Contract -- -- --
01/17/2023 01/17/23 For Rent $3,100 0.0% --
07/20/2020 07/20/20 Sold $540,000 -0.9% $590 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/29/2020 05/29/20 Price Changed $545,000 -2.7% $596 / Sq Ft
03/04/2020 03/04/20 For Sale $560,000 -- $612 / 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 $6,418 $584,513 $440,676 $143,837
2024 $6,418 $573,052 $432,035 $141,017
2023 $6,265 $561,816 $423,564 $138,252
2022 $6,157 $550,800 $415,258 $135,542
2021 $6,041 $540,000 $407,115 $132,885
2020 $6,096 $545,150 $376,211 $168,939
2019 $5,975 $534,461 $368,834 $165,627
2018 $5,858 $523,982 $361,602 $162,380
2017 $5,756 $513,708 $354,511 $159,197
2016 $5,629 $503,636 $347,560 $156,076
2015 $5,207 $461,250 $320,584 $140,666
2014 $5,181 $461,250 $320,584 $140,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP24053125

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-80