NOT LISTED FOR SALE

240 Nice Ln Unit 308 Newport Beach, CA 92663

Estimated Value: $1,422,332 - $1,481,000

2 Beds
2 Baths
1,609 Sq Ft
$675/mo HOA Fee

Last Sold March 19, 2021

Last sale price $1,050,000 $653 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,302/month

27 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Primary Bedroom Suite
  • Newport Heights Elementary Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of March 2021

Breathtaking Villa Balboa Penthouse with ABSOLUTELY INCREDIBLE OCEAN, CATALINA & SUNSET VIEWS FROM EVERY ROOM! Luxurious 2 Bedrooms 2 Bath stunning OPEN CONCEPT FLOOR PLAN. Abundant Natural Sunlight w/skylights, cathedral ceilings & 3 sliding glass doors leading to spacious balcony perfect for outdoor dining & barbequing while basking in sunlight or enjoying the evening sunsets. Upon entering home you will be impressed with open the living space giving owners complete freedom in their space. Living room enjoys beautifully remodeled fireplace. The stunning kitchen has been remodeled with absolutely beautiful Ash, Shaker Style, cabinets boasting soft close drawers. under counter lighting, Stone countertops, Stainless Appliances and impressive Cork Flooring! Master Suite is oversized with alcove for a separate office or sitting area with fantastic OCEAN VIEW. Abundant closet space two separate closets + walk-in closet in master bathroom. Master bath was remodeled with stone counters, dual sink vanity & oversized walk-in shower! Secondary bedroom has mirrored closet doors reflecting ocean view and convenient window seat. Laundry is inside and the stackable washer & dryer are included. Dual paned windows, newer laminate flooring. HOA pays ground maintenance, trash Water & Gas. Villa Balboa offers two pools and spas, outdoor grilling, clubhouse, gym, tennis courts all in gated resort style community. Elevator access brings you to this stunning Penthouse Single Level condo.

Last Agent to Sell the Property

Cathy Ramirez

Coldwell Banker Realty License #01356682 Listed on: 01/22/2021

Coldwell Banker Realty

Last Buyer's Agent

Jenna Downes

Compass License #01861730

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,113

Year Built

  • Built in 1979 | Remodeled

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Covered Parking
  • Automatic Gate
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 1,609 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 8336
  • Assessor Parcel Number 93077491

Community Details

Overview

  • 449 Units
  • Villa Balboa Association, Phone Number (949) 450-0202
  • Action HOA
  • Villa Balboa Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

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

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,113

Year Built

Built in 1979 | Remodeled

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Villa Balboa (VBAL)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93077491
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1609.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Grab Bars In Bathroom(s), No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 652.58
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, Community, In Ground
  • Window Features: Blinds, Double Pane Windows, Screens, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Remodeled, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers, Tile Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Tennis Court(s), Gym/Ex Room, Clubhouse, Gas, Maintenance Grounds, Water, Security, Controlled Access
  • Association Fee: 675.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Balboa
  • Phone: 949 450-0202
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban
  • Association Management: Action

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 449
  • 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 22, 2021
Closed on
Feb 19, 2021
Sold by
Dobras Victor E and Dobras Sandra G
Bought by
Keller Andrew and Utley Suzanne
Seller's Agent
Cathy Ramirez
Coldwell Banker Realty
Buyer's Agent
Jenna Downes
Compass
List Price
$1,019,000
Sold Price
$1,050,000
Premium/Discount to List
$31,000
3.04%
Current Estimated Value
$1,455,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,583
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Aug 31, 2006
Sold by
Dobras Victor E and Dobras Sandra G
Bought by
Dobras Victor E and Dobras Sandra G

Purchase Details

Closed on
Mar 22, 2006
Sold by
Goldman Kenneth A
Bought by
Dobras Victor E and Dobras Sandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 1993
Sold by
Goldman Kenneth and Goldman Lori
Bought by
Goldman Kenneth A
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
Keller Andrew $1,050,000 Lawyers Title Company
Dobras Victor E -- None Available
Dobras Victor E $925,000 First American Title Co
Goldman Kenneth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dobras Victor E $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $1,050,000 +3.0% $653 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/07/2021 02/07/21 For Sale $1,019,000 0.0% $633 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,019,000 -- $633 / 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 $12,113 $1,136,553 $907,376 $229,177
2024 $12,113 $1,114,268 $889,584 $224,684
2023 $11,827 $1,092,420 $872,141 $220,279
2022 $11,629 $1,071,000 $855,040 $215,960
2021 $11,176 $1,035,000 $797,074 $237,926
2020 $9,518 $877,200 $639,274 $237,926
2019 $9,324 $860,000 $626,739 $233,261
2018 $9,315 $860,000 $626,739 $233,261
2017 $9,328 $860,000 $626,739 $233,261
2016 $8,131 $749,000 $515,739 $233,261
2015 $7,084 $646,000 $412,739 $233,261
2014 $6,595 $602,820 $369,559 $233,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21003798

California Regional Multiple Listing Service (CRMLS)

APN: 930-774-91