NOT LISTED FOR SALE

Estimated Value: $1,680,345 - $2,098,000

2 Beds
2 Baths
1,112 Sq Ft
$352/mo HOA Fee

Last Sold July 02, 2014

Last sale price $1,070,000 $962 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $11,447/month

13 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Gated Community
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of July 2014

Sparkling bay, panoramic ocean and Catalina Island views -2 bedroom, 2 bathroom condo. Wake up to the sound of waves crashing and ocean breezes! Light and bright with sky-lights, granite counters, plantation shutters, travertine flooring, fireplace, separate dining room and much more. Located in the heart of Balboa on the top floor (3rd level) of the Rendezvous building. (Former location of the legendary 1930’s Rendezvous Ballroom.) Private gated entry, elevator access with two underground parking spaces. Conveniently located near the Balboa Pier, Balboa Pavilion, Balboa Island Ferry, Balboa Theater, Fun Zone and some of Newport’s finest beaches! A wonderful place to live year round or conducive as a vacation home or summer rental. Don’t miss this Balboa charmer!

Last Agent to Sell the Property

Amy Baumgartner

Compass License #01293160 Listed on: 04/30/2014

Compass

Last Buyer's Agent

Larry Aguilar

First Team Real Estate License #01883446

First Team Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • Beach Front
  • Two or More Common Walls
  • West Facing Home
  • Wrought Iron Fence

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • White Water Ocean
  • Bay
  • Catalina

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,112 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Room
  • Stone Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms

Home Security

Utilities

  • Radiant Heating System
  • Sewer Paid

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 010
  • Tax Tract Number 101
  • Assessor Parcel Number 93216022

Community Details

Overview

  • Master Insurance
  • 24 Units

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216022
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1112.00
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Stone
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 962.23
  • Room Type: Dressing Area, Master Suite, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Plantation Shutters, Skylight(s)

Exterior Features

  • Direction Faces: West
  • View: Bay, Catalina, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Freezer, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash
  • Association Fee: 352.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains, Urban

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 24
  • Number Of Units Total: 24
  • Waterfront Features: Beach Front, Ocean Front

Tax Info

  • Tax Lot: 010
  • Tax Tract Number: 0101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2015
Sold by
Agrawal Hemant and Agrawal Sudha
Bought by
Sonne Matthew M
Current Estimated Value
$1,893,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2014
Closed on
May 24, 2014
Sold by
Ferguson Nicolas D and Ferguson Sandra J
Bought by
Agrawal Ankush and Agrawal Shweta
Seller's Agent
Amy Baumgartner
Compass
Buyer's Agent
Larry Aguilar
First Team Real Estate
List Price
$1,075,000
Sold Price
$1,070,000
Premium/Discount to List
-$5,000
-0.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$428,150
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2007
Sold by
Smith Kathleen Sharpe
Bought by
Ferguson Nicolas D and Ferguson Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2004
Sold by
Smith Kathleen Sharpe
Bought by
Smith Kathleen Sharpe and The Kathleen Sharpe Smith Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2004
Sold by
Smith Kathleen Sharpe
Bought by
Smith Kathleen Sharpe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Smith Kathleen Sharpe
Bought by
Smith Kathleen Sharpe and The Kathleen Sharpe Smith Trust

Purchase Details

Closed on
Mar 10, 2003
Sold by
Smith Kathleen Sharpe
Bought by
Smith Kathleen Sharpe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.84%

Purchase Details

Closed on
Jul 19, 2000
Sold by
Smith Kathleen Sharpe
Bought by
Smith Kathleen Sharpe and Kathleen Sharpe Smith Trust

Purchase Details

Closed on
Jun 30, 2000
Sold by
White Betty Trust
Bought by
Smith Kathleen Sharpe

Purchase Details

Closed on
May 3, 1996
Sold by
White Betty M
Bought by
White Betty M and White James H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sonne Matthew M $1,130,000 Western Resources Title Co
Agrawal Ankush $1,070,000 California Title Company
Ferguson Nicolas D $1,025,000 Landamerica Southland Title
Smith Kathleen Sharpe -- Southland Title Corporation
Smith Kathleen Sharpe -- Southland Title
Smith Kathleen Sharpe -- --
Smith Kathleen Sharpe -- New Century Title Company
Smith Kathleen Sharpe -- --
Smith Kathleen Sharpe -- --
White Betty M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sonne Matthew M $904,000
Previous Owner Agrawal Ankush $428,150
Previous Owner Ferguson Nicolas D $102,500
Previous Owner Smith Kathleen Sharpe $315,000
Previous Owner Smith Kathleen Sharpe $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2014 07/02/14 Sold $1,070,000 -0.5% $962 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $1,075,000 -- $967 / 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 $14,114 $1,337,688 $1,231,724 $105,964
2024 $14,114 $1,311,459 $1,207,572 $103,887
2023 $13,780 $1,285,745 $1,183,895 $101,850
2022 $13,548 $1,260,535 $1,160,682 $99,853
2021 $13,289 $1,235,819 $1,137,923 $97,896
2020 $13,160 $1,223,148 $1,126,255 $96,893
2019 $12,889 $1,199,165 $1,104,171 $94,994
2018 $12,713 $1,175,652 $1,082,520 $93,132
2017 $12,499 $1,152,600 $1,061,294 $91,306
2016 $12,237 $1,130,000 $1,040,484 $89,516
2015 $11,728 $1,070,000 $980,484 $89,516
2014 $9,789 $890,881 $796,128 $94,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14089131

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-22