$1,100,000
SOLD DEC 5, 2017
2 Beds
2 Baths
1,120 Sq Ft
$352/mo HOA Fee

Recently Sold

$982 Per Sq Ft

19% Below List Price

108 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Wood Flooring
  • Newport Elementary School Rated A
  • Cape Cod Architecture
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of June 2021

Beach living at it's best! Wake up to the sounds of waves crashing, ocean breezes, and the smell of the sea. Panoramic view of the Pacific Ocean, and Catalina Island from this beautiful 2 master bedroom condo located on the top third floor ( the best location in the building) with a spacious living room, balcony, separate dining room. Natural bright skylight, and wood laminated flooring throughout.
Conveniently located in the heart of Balboa Peninsula by the Pier, walking distance to Balboa Island Ferry, Balboa Pavilion, Newport's finest beaches, and some of the finest restaurants. Automated gated entry with 2 assigned parking spaces.
A wonderful place to live year around, vacation home, or Summer rental.

Last Agent to Sell the Property

Daron Guluzyan

HomeSmart, Evergreen Realty License #01915169 Listed on: 07/15/2017

HomeSmart, Evergreen Realty

Last Buyer's Agent

John Katnik

Katnik Brothers R.E. Services License #01881694

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,249

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Density is 21-25 Units/Acre

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room

Kitchen

  • Electric Oven
  • Gas and Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9321
  • Tax Tract Number 7599
  • Assessor Parcel Number 93216021

Community Details

Overview

  • Randezvous Association, Phone Number (714) 775-7192

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,249

Year Built

Built in 1971

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216021
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1120.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, Separated
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 982.14
  • Room Type: Two Masters
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Catalina, City Lights, Ocean, Panoramic, Pier
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Gas & Electric Range, Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Sewer, Water, Pets Permitted
  • Association Fee: 352.00
  • Association Fee Frequency: Monthly
  • Association Name: Randezvous
  • Phone: 714 775 7192
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 9321
  • Tax Tract Number: 7599

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jun 4, 2021
Sold by
Katnik Richard
Bought by
Chiang Olive and The Oak Irrevocable Trust
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Tina Lynne
RE/MAX Fine Homes
List Price
$1,425,000
Sold Price
$1,330,875
Premium/Discount to List
-$94,125
-6.61%
Current Estimated Value
$1,828,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,161
Avg. Annual Appreciation
8.12%

Purchase Details

Listed on
Jul 15, 2017
Closed on
Oct 27, 2017
Sold by
Hanna Tanios and Hanna Arousing
Bought by
Katnik Richard
Seller's Agent
Daron Guluzyan
HomeSmart, Evergreen Realty
Buyer's Agent
John Katnik
Katnik Brothers R.E. Services
List Price
$1,350,000
Sold Price
$1,100,000
Premium/Discount to List
-$250,000
-18.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$600,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2012
Sold by
Edwards Barry R
Bought by
Hanna Tanios and Hanna Arousiag

Purchase Details

Closed on
May 21, 2006
Sold by
Aspesi Sabrina J
Bought by
Aspesi Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2006
Sold by
Aspesi Sabrina J
Bought by
Aspesi Sabrina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 21, 2005
Sold by
Aspesi Sabrina
Bought by
Aspesi Investments Llc

Purchase Details

Closed on
May 21, 2003
Sold by
Carter Joseph H and Carter Lorinda P
Bought by
Aspesi Sabrina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2002
Sold by
Rosen James and Rosen Tiffany
Bought by
Carter Joseph H and Carter Lorinda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,500
Interest Rate
6.2%
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 Type Sale Price Title Company
Grant Deed $1,331,000 First Amer Ttl Co Res Div
Grant Deed $1,078,000 California Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- Accommodation
Interfamily Deed Transfer -- Pacific Title
Quit Claim Deed -- --
Grant Deed $625,000 California Title Company
Grant Deed $485,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Previous Owner $760,000 Unknown
Previous Owner $190,000 Fannie Mae Freddie Mac
Previous Owner $570,000 Unknown
Previous Owner $500,000 Purchase Money Mortgage
Previous Owner $339,500 No Value Available
Closed $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $1,330,875 -6.6% $1,188 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $1,425,000 0.0% $1,272 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $1,425,000 +29.5% $1,272 / Sq Ft
12/05/2017 12/05/17 Sold $1,100,000 -7.9% $982 / Sq Ft
10/13/2017 10/13/17 Price Changed $1,195,000 -7.7% $1,067 / Sq Ft
08/17/2017 08/17/17 Price Changed $1,295,000 -4.1% $1,156 / Sq Ft
07/15/2017 07/15/17 For Sale $1,350,000 0.0% $1,205 / Sq Ft
07/07/2016 07/07/16 Rented $3,500 0.0% --
06/25/2016 06/25/16 For Rent $3,500 -- --
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 $15,249 $1,412,333 $1,315,457 $96,876
2023 $14,891 $1,384,641 $1,289,664 $94,977
2022 $14,642 $1,357,492 $1,264,377 $93,115
2021 $9,502 $875,867 $779,481 $96,386
2020 $9,409 $866,887 $771,489 $95,398
2019 $9,217 $849,890 $756,362 $93,528
2018 $11,761 $1,078,000 $994,356 $83,644
2017 $11,757 $1,075,183 $968,975 $106,208
2016 $11,500 $1,054,101 $949,975 $104,126
2015 $11,393 $1,038,268 $935,706 $102,562
2014 $9,885 $900,000 $804,506 $95,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17161375

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-21