NOT LISTED FOR SALE

Estimated Value: $1,469,137 - $2,082,000

3 Beds
2 Baths
1,200 Sq Ft
$352/mo HOA Fee

Last Sold October 11, 2013

Last sale price $900,000 $750 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $11,669/month

99 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fishing
  • Newport Elementary School Rated A
  • Pier
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of October 2013

Amazing Price and what a location! Beautiful ocean, pier & Catalina views, nicely above the noise & street, steps to sand, restaurants, pier and ferry.

Recently remodled unit with two Master suites with two bathroom, third bedroom/office, remodled kitchen with granite counter tops, spacious living room with balcony overlooking ocean & boardwalk, tile floors, dual paned windows, fresh paint & upgrades galore!

Two designated parking spots:gated underground parking garage and covered carport, guest parking also available. The building features: gated, elevator, enclosed bicycle parking and storage for each unit.

Last Agent to Sell the Property

Jason Abboud

RE/MAX Prestige Properties License #00936727 Listed on: 07/02/2013

RE/MAX Prestige Properties

Last Buyer's Agent

Natalie Vizir

Natalie Vizir, Broker License #01358667

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,770

Year Built

  • Built in 1971

Lot Details

  • Beach Front
  • Two or More Common Walls
  • West Facing Home
  • Block Wall Fence

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Entryway
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Pier
  • Balcony
  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7599
  • Assessor Parcel Number 93216014

Community Details

Overview

  • 24 Units

Recreation

  • Fishing

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,770

Year Built

Built in 1971

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216014
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 750.00
  • Room Type: All Bedrooms Down, Entry, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Office, Two Masters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab, Concrete Perimeter
  • Exterior Features: Pier
  • View: Catalina, Coastline, Ocean, Panoramic, Pier, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: In Closet
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 352.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 1307.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1307.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24
  • Waterfront Features: Beach Access, Beach Front, Fishing in Community

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2013
Closed on
Oct 8, 2013
Sold by
Sigal Philippe and Sigal Helen Church
Bought by
Wang Kuo An and Wang Kuo Hsin
Seller's Agent
Jason Abboud
RE/MAX Prestige Properties
Buyer's Agent
Natalie Vizir
Natalie Vizir, Broker
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%
Total Days on Market
99
Current Estimated Value
$1,841,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$941,284
Avg. Annual Appreciation
6.12%
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 2, 2013
Closed on
Oct 2, 2013
Sold by
Yu Amy
Bought by
Wang Kuo An
Seller's Agent
Jason Abboud
RE/MAX Prestige Properties
Buyer's Agent
Natalie Vizir
Natalie Vizir, Broker
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2012
Sold by
Sigal Phillippe and Sigal Helen Church
Bought by
Sigal Philippe and Sigal Helen Church

Purchase Details

Closed on
May 19, 2004
Sold by
Whitehead James W and Whitehead Margaret A
Bought by
Sigal Philippe Rudolph and Sigal Helen Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2002
Sold by
Whitehead James W and Whitehead Margaret A
Bought by
Whitehead James W and Whitehead Margaret A
Source: Public Records

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Range of Values:

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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
Wang Kuo An $900,000 Chicago Title Company
Wang Kuo An -- Chicago Title Company
Sigal Philippe -- None Available
Sigal Philippe -- None Available
Sigal Philippe Rudolph $879,000 Chicago Title Company
Whitehead James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kuo An $795,000
Closed Wang Kuo An $672,000
Closed Wang Kuo An $450,000
Previous Owner Sigal Philippe Rudolph $639,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $900,000 -9.5% $750 / Sq Ft
09/01/2013 09/01/13 Price Changed $995,000 -13.5% $829 / Sq Ft
07/02/2013 07/02/13 For Sale $1,150,000 -- $958 / 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
2024 $11,770 $1,081,640 $983,888 $97,752
2023 $11,492 $1,060,432 $964,596 $95,836
2022 $11,299 $1,039,640 $945,683 $93,957
2021 $11,084 $1,019,255 $927,140 $92,115
2020 $10,977 $1,008,804 $917,633 $91,171
2019 $10,754 $989,024 $899,640 $89,384
2018 $10,541 $969,632 $882,000 $87,632
2017 $10,356 $950,620 $864,706 $85,914
2016 $10,125 $931,981 $847,751 $84,230
2015 $10,029 $917,982 $835,017 $82,965
2014 $9,793 $900,000 $818,660 $81,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13128410

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-14