NOT LISTED FOR SALE

Estimated Value: $1,702,091 - $2,079,000

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

Last Sold August 31, 2015

Last sale price $1,130,000 $1,016 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $11,743/month

152 Days on Market

Highlights

  • Marina
  • Ocean Front
  • Boat Slip
  • Newport Elementary School Rated A
  • Boat Lift
  • Fishing

About This Home

As of August 2015

Wake up to the sounds of waves crashing, ocean breezes and the smell of sea! Enjoy boats passing through Newport Harbor in the evening and a Panoramic view of the Pacific Ocean and Catalina Island in the morning from this beautiful Oceanfront 2 bedrooms, 2 full bathroom condo that sleeps 6. Features natural bright sky-lights, granite counters, travertine and carpet flooring, wood fireplace and separate dining room. Includes refrigerator, stove, microwave, dish washer, plus washer/dryer. Master bedroom with walk-in closet and Plantation shutters. Barbecue on the balcony.
Conveniently located in the heart of Balboa near the Balboa Pier, Balboa Pavilion, Balboa Island Ferry, Balboa Theater, Fun Zone and Newport finest beaches and some the best restaurants in Orange County! Automatic gated entry to private sub-terrain garage with two assigned parking spaces and elevator access to the legendary Rendezvous Building and the condo which is located on the 3rd level so there is no one above. Private and secure gated entry. A wonderful place to live all year round or a great vacation home for the family or an awesome rental investment property. It's time to live in your dream home near the beach!

Last Agent to Sell the Property

Larry Aguilar

First Team Real Estate License #01883446 Listed on: 01/26/2015

First Team Real Estate

Last Buyer's Agent

Joanna Ganz

First Team Real Estate License #01871446

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,114

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Ocean Front
  • Property fronts an alley
  • Two or More Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Auto Driveway Gate
  • Parking Permit Required
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Back Bay
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Turnkey
  • Permanent Foundation
  • Block Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Wood Roof
  • Composition Roof
  • Wood Siding
  • Shingle Siding
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 1,112 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Blinds
  • Sliding Doors
  • Insulated Doors
  • Entryway
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Pier
  • Boat Lift
  • Boat Slip
  • Open Patio
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Heating Available
  • Vented Exhaust Fan
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 24 Units

Recreation

  • Marina
  • Fishing

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,114

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$352 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, Stove, Microwave, Dish Washer, Washer and Dryer
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security Lights, Firewall(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s), Security System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled, 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, Elevator, Granite Counters, Living Room Balcony, Living Room Deck Attached, Partially Furnished, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 1016.19
  • Room Type: Entry, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Plantation Shutters

Exterior Features

  • Patio: Yes
  • Foundation: Block, Slab, Permanent
  • Other Structures: Storage
  • Exterior Features: Boat Lift, Barbecue Private, Boat Slip, Boat Slip, Lighting, Pier
  • View: Bay, Back Bay, Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Pier, Water, White Water
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Composition, Wood
  • Construction Materials: Concrete, Drywall Walls, Glass, Plaster, Shingle Siding, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Assigned, Community Structure, Covered, Carport, Detached Carport, Concrete, Gated, Permit Required, Private, Subterranean
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Phone Available, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Free-Standing Range, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Electric, Fireplace(s)
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 352.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level, Rectangular Lot, Level with Street, Paved, Park Nearby, Corner Lot, Near Public Transit, Walkstreet

Multi Family

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

Tax Info

  • Tax Lot: 010
  • Tax Tract Number: 0101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jul 6, 2015
Sold by
Agrawal Hemant and Agrawal Sudha
Bought by
Sonne Matthew M
Seller's Agent
Larry Aguilar
First Team Real Estate
Buyer's Agent
Joanna Ganz
First Team Real Estate
List Price
$1,130,000
Sold Price
$1,130,000
Current Estimated Value
$1,917,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,273
Avg. Annual Appreciation
5.75%
Original Mortgage
$904,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2014
Sold by
Ferguson Nicolas D and Ferguson Sandra J
Bought by
Agrawal Ankush and Agrawal Shweta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
$820,000
Interest Rate
6.46%
Mortgage Type
Unknown

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:

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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 $820,000
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 Change Sq Ft Price
08/31/2015 08/31/15 Sold $1,130,000 0.0% $1,016 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $1,130,000 -- $1,016 / 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: PW15139341

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-22