NOT LISTED FOR SALE

514 E Oceanfront #C Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood
2 Beds
2 Baths
800 Sq Ft
5,227 Sq Ft Lot

About This Home

Location, Location, Location! Beach Living with ocean views all just steps away from the sand at a bargain price in Newport Beach! Enjoy the fresh OCEAN BREEZE from this Upstairs 2 Bedroom 2 Bath SINGLE Level OCEAN VIEW Unit. Upgraded Travertine Stone flooring through out with nicely remodeled bathrooms. While the Kitchen is Small, you'll find it highly functional for minimal needs and features a nice beach view from the window. Enjoy views of the beach from living room or go outside where you're located in the highly walkable Balboa pier location with entertainment, nightlife, restaurants, dining and food options of many types and more all just a short walk away.. The Master Bedroom features its own private entrance! On site Coin Laundry just across the communal lounge area. Theres a Large shared Courtyard with BBQ, Tables and Chairs and out door shower. No Parking Included.. but can easily access the Newport Beach parking areas by purchasing a pass or just use street parking just a short walk away... Can't beat the location!! - Near the Balboa Pier and the Balboa Ferry! ** Yearly Lease - NO PETS - NO SMOKING **

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2007
Sold by
Parashis Harry G
Bought by
Scap Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,100,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2004
Sold by
Parashis Letitia R
Bought by
Parashis Harry G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,587,500
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2002
Sold by
Rendezvous Inn Llc
Bought by
Parashis Harry G

Purchase Details

Closed on
Jul 24, 2001
Sold by
Young West Cynthia
Bought by
Rendezvous Inn Llc

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Scap Iii Llc -- Ticor Title
Parashis Harry G -- Chicago Title Co
Parashis Harry G $616,000 Chicago Title Co
Rendezvous Inn Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scap Iii Llc $4,816,537
Closed Scap Iii Llc $4,100,000
Previous Owner Parashis Harry G $2,587,500
Previous Owner Young West Cynthia $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2020 06/28/20 Rented $2,700 0.0% --
05/04/2020 05/04/20 For Rent $2,700 -- --

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
2024 $78,670 $7,201,406 $6,692,394 $509,012
2023 $50,138 $4,516,147 $4,017,115 $499,032
2022 $49,278 $4,427,596 $3,938,348 $489,248
2021 $48,349 $4,340,781 $3,861,126 $479,655
2020 $47,881 $4,296,272 $3,821,535 $474,737
2019 $46,930 $4,212,032 $3,746,603 $465,429
2018 $47,955 $4,129,444 $3,673,141 $456,303
2017 $47,500 $4,048,475 $3,601,119 $447,356
2016 $46,440 $3,969,094 $3,530,509 $438,585
2015 $46,140 $3,909,475 $3,474,495 $434,980
2014 $45,019 $3,832,894 $3,406,434 $426,460
Source: Public Records

Agents Affiliated with this Home

  • Kimberlee Drake

    Seller's Agent in 2020

    Kimberlee Drake

    Compass

    (949) 500-7108

    1 in this area

    56 Total Sales

    Kimberlee Drake
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Brendon Krainer

    Compass

See All Agents

Map

California Orange County Newport Beach 92661 Balboa Peninsula Point

514 E Oceanfront #C, Newport Beach, CA

Homes for Sale in Newport Beach, CA

This home is located at 514 E Oceanfront #C, Newport Beach, CA 92661. 514 E Oceanfront #C is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

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