Landlord's Agent in 2025
Tori Rimlinger
Compass
(949) 378-6200
42 Total Sales
240 Nice Ln Unit 303 Newport Beach, CA 92663
2
Beds
2
Baths
1,581
Sq Ft
0.72
Acres
Highlights
- Fitness Center
- Spa
- Primary Bedroom Suite
- Newport Heights Elementary Rated A
- No Units Above
- Updated Kitchen
About This Home
As of July 2025Welcome to your exquisite Newport Beach retreat in the prestigious Villa Balboa! This expansive two-bedroom, two-bath penthouse condo is bathed in natural light and features soaring ceilings, recessed lighting, crown moldings, multiple skylights, and generous windows framing stunning views. Featuring a modern kitchen with sleek stainless steel appliances, including a Whirlpool refrigerator, KitchenAid dishwasher, gas oven, and built-in microwave.The kitchen opens seamlessly to a counter bar and adjacent dining area, perfect for entertaining. The spacious living room, filled with abundant light, offers a built-in gas fireplace and sliding doors leading to a wrap-around patio, ideal for enjoying the gentle ocean breeze. The primary suite with an attached luxurious bathroom features a Toto toilet/bidet combo, dual sinks, a deep soaking tub with shower, and ample storage, with both a mirrored closet and a walk-in closet.
Additional features include one secured, underground parking space, along with two parking passes. Villa Balboa’s exceptional amenities encompass pickleball and tennis courts, two swimming pools, a spa, BBQ area, clubhouse, fitness center, and controlled access gates. Conveniently located near pristine beaches, the Balboa Peninsula, award winning schools, and an array of shops and restaurants, this residence offers the perfect blend of elegance, comfort, and coastal living.
Last Agent to Rent the Property
Compass Brokerage Phone: 949-378-6200 License #01512376 Listed on: 03/04/2025
Last Renter's Agent
Compass Brokerage Phone: 949-378-6200 License #01512376 Listed on: 03/04/2025
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $8,318
Year Built
- Built in 1979
Lot Details
- No Units Above
- Two or More Common Walls
Parking
- 1 Car Attached Garage
- 1 Open Parking Space
- 1 Carport Space
- Parking Available
- Community Parking Structure
Interior Spaces
- 1,581 Sq Ft Home
- 1-Story Property
- Furniture Can Be Negotiated
- Cathedral Ceiling
- Double Door Entry
- Living Room with Fireplace
- L-Shaped Dining Room
- Neighborhood Views
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Butlers Pantry
- Built-In Range
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Retreat
- Primary Bedroom Suite
- Walk-In Closet
- 2 Full Bathrooms
- Stone Bathroom Countertops
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
- Patio
- Exterior Lighting
Schools
- Newport Heights Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Security Deposit $6,500
- Rent includes association dues
- 12-Month Minimum Lease Term
- Available 4/30/25
- Tax Lot 14
- Tax Tract Number 8336
- Assessor Parcel Number 93077486
Community Details
Overview
- Property has a Home Owners Association
- 455 Units
- Villa Balboa Subdivision
Amenities
- Community Barbecue Grill
- Sauna
Recreation
- Tennis Courts
- Pickleball Courts
- Fitness Center
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2013
Closed on
Apr 11, 2013
Sold by
Jones Richard M and Jones Makiko W
Bought by
Tiongson John C B and Tiongson Celia S
Seller's Agent
Roderick Graham
Coldwell Banker Res. Brokerage
Buyer's Agent
Amanda Shea
Berkshire Hathaway HomeService
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$581,849
Avg. Annual Appreciation
5.49%
Purchase Details
Listed on
Jan 16, 2012
Closed on
Jan 31, 2012
Sold by
Altamirano Harner Marcella R and Harner Andrew
Bought by
Jones Richard M and Jones Makiko W
Seller's Agent
Sylvia Tino
Estrada Properties
Buyer's Agent
Roderick Graham
Coldwell Banker Res. Brokerage
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.96%
Original Mortgage
$200,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2009
Sold by
Altamirano Harner Marcella R
Bought by
Altamirano Harner Marcella R and Harner Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.14%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jan 12, 2004
Sold by
Altamirano Jose E and Altamirano Yolanda Oleson
Bought by
Altamirano Jose E and Yolanda O Altamirano Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tiongson John C B | $630,000 | Orange Coast Title Company | |
| Jones Richard M | $490,000 | California Title Company | |
| Altamirano Harner Marcella R | -- | None Available | |
| Altamirano Harner Marcella R | -- | None Available | |
| Altamirano Jose E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jones Richard M | $200,000 | |
| Previous Owner | Altamirano Harner Marcella R | $129,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Rented | $5,250 | -3.7% | -- |
| 06/21/2025 06/21/25 | Price Changed | $5,450 | -0.9% | $3 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $5,500 | -6.8% | $3 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $5,899 | -0.9% | $4 / Sq Ft |
| 04/21/2025 04/21/25 | Price Changed | $5,950 | 0.0% | $4 / Sq Ft |
| 04/21/2025 04/21/25 | For Rent | $5,950 | -0.7% | -- |
| 04/21/2025 04/21/25 | Off Market | $5,990 | -- | -- |
| 04/12/2025 04/12/25 | Price Changed | $5,990 | -3.4% | $4 / Sq Ft |
| 03/30/2025 03/30/25 | Price Changed | $6,200 | -4.6% | $4 / Sq Ft |
| 03/04/2025 03/04/25 | For Rent | $6,500 | 0.0% | -- |
| 02/10/2025 02/10/25 | Sold | $1,169,000 | -2.5% | $739 / Sq Ft |
| 12/31/2024 12/31/24 | Pending | -- | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $1,199,000 | +90.3% | $758 / Sq Ft |
| 05/10/2013 05/10/13 | Sold | $630,000 | -3.1% | $401 / Sq Ft |
| 03/25/2013 03/25/13 | For Sale | $650,000 | +32.7% | $414 / Sq Ft |
| 03/08/2012 03/08/12 | Sold | $490,000 | -1.0% | $312 / Sq Ft |
| 02/25/2012 02/25/12 | Pending | -- | -- | -- |
| 01/16/2012 01/16/12 | For Sale | $495,000 | -- | $315 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,318 | $775,795 | $556,250 | $219,545 |
| 2024 | $8,318 | $760,584 | $545,343 | $215,241 |
| 2023 | $8,119 | $745,671 | $534,650 | $211,021 |
| 2022 | $7,980 | $731,050 | $524,166 | $206,884 |
| 2021 | $7,827 | $716,716 | $513,888 | $202,828 |
| 2020 | $7,751 | $709,367 | $508,618 | $200,749 |
| 2019 | $7,594 | $695,458 | $498,645 | $196,813 |
| 2018 | $7,443 | $681,822 | $488,868 | $192,954 |
| 2017 | $7,311 | $668,453 | $479,282 | $189,171 |
| 2016 | $7,148 | $655,347 | $469,885 | $185,462 |
| 2015 | $7,078 | $645,504 | $462,827 | $182,677 |
| 2014 | $6,911 | $632,860 | $453,761 | $179,099 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2025
Cara Farley
Christie's International R.E. Southern California
(949) 717-7100
14 Total Sales
-
Seller Co-Listing Agent in 2025
Michael Caruso
Christie's International R.E. Southern California
(949) 584-2300
68 Total Sales
-
R
Seller's Agent in 2013
Roderick Graham
Coldwell Banker Res. Brokerage
-
Buyer's Agent in 2013
Amanda Shea
Berkshire Hathaway HomeService
(949) 644-6200
-
S
Seller's Agent in 2012
Sylvia Tino
Estrada Properties
(949) 279-4430
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP25044315
APN: 930-774-86
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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