Seller's Agent in 2012
Karly Brown
Karly Brown, Broker
(949) 355-8006
6 Total Sales
507 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $2,816,152
7
Beds
4
Baths
3,548
Sq Ft
$794/Sq Ft
Est. Value
Highlights
- Wood Siding
- No Heating
- 4-minute walk to Balboa Peninsula Park
- Newport Elementary School Rated A
About This Home
As of September 2012Great location, adjacent to the pier. Perfect opportunity for commercial and multi unit family buildings as it is zoned commercial, multi use. The structure currently there is either a teardown or major remodel. Rear unit above garage has been re-built by insurance company because of previous fire. Property is sold as-is without warranty.
Last Agent to Sell the Property
Karly Brown, Broker License #01189690 Listed on: 04/30/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 2,565
Parking
- 2 Car Garage
- Single Garage Door
Home Design
- 3,548 Sq Ft Home
- Wood Siding
- Stucco
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- 2,565 Sq Ft Lot
- No Heating
Listing and Financial Details
- Tenant pays for cable TV
- Tax Tract Number 104
- Assessor Parcel Number 04812204
- Tax Block 6
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,400
- Insurance Expense $1,500
- Pest Control $150
- Professional Management Expense $4,800
- Water Sewer Expense $1,050
- Gross Income $5,950
- Net Operating Income $59,700
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2018
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Apr 30, 2012
Closed on
Sep 5, 2012
Sold by
Bought by
Seller's Agent
Karly Brown
Karly Brown, Broker
Buyer's Agent
Karly Brown
Karly Brown, Broker
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$735,000
Interest Rate
0.035%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 27, 2003
Sold by
Bought by
Purchase Details
Closed on
Mar 22, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
0.0575%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 27, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $1,050,000 | Old Republic Title Company | ||
| $805,000 | Stewart Title Of Ca Inc | ||
| $625,000 | Stewart Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $735,000 | ||
| Previous Owner | $437,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/13/2012 09/13/12 | Sold | $1,150,000 | -11.5% | $324 / Sq Ft |
| 08/31/2012 08/31/12 | Pending | -- | -- | -- |
| 04/30/2012 04/30/12 | For Sale | $1,300,000 | -- | $366 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $14,438 | $1,292,993 | $1,152,617 | $140,376 |
| 2024 | $14,438 | $1,267,641 | $1,130,017 | $137,624 |
| 2023 | $14,090 | $1,242,786 | $1,107,860 | $134,926 |
| 2022 | $13,845 | $1,218,418 | $1,086,137 | $132,281 |
| 2021 | $13,586 | $1,194,528 | $1,064,840 | $129,688 |
| 2020 | $13,454 | $1,182,280 | $1,053,921 | $128,359 |
| 2019 | $13,192 | $1,159,099 | $1,033,256 | $125,843 |
| 2018 | $13,868 | $1,136,372 | $1,012,996 | $123,376 |
| 2017 | $13,807 | $1,114,091 | $993,134 | $120,957 |
| 2016 | $13,502 | $1,092,247 | $973,661 | $118,586 |
| 2015 | $13,440 | $1,075,841 | $959,036 | $116,805 |
| 2014 | $13,106 | $1,054,767 | $940,250 | $114,517 |
Source: Public Records
Agents Affiliated with this Home
-
Karly Brown
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12001801
APN: 048-122-04
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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