NOT LISTED FOR SALE

607 E Balboa Blvd Unit A Newport Beach, CA 92661

Balboa Peninsula Point Neighborhood

Estimated Value: $1,811,000 - $2,507,000

2 Beds
2.5 Baths
1,824 Sq Ft
2,091 Sq Ft Lot

Last Sold July 18, 2013

Last sale price $900,000 $493 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $13,064/month

31 Days on Market

Highlights

  • Bay View
  • Terrace
  • Den
  • Newport Elementary School Rated A
  • No HOA
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of July 2013

Still looking for a slice of the beach life at under a million? How about a modern and luxuriously decorated 2 bedroom, 1 den, 2.5 bath beach getaway with a peekaboo bay view and 2 car parking? Either way, you're in luck. This approx. 1824 sq ft home, steps from the sand and draped in burgundy Bogainvellia, provides everything you're looking for in comfortable but elegant style.

This property is the upper unit of mixed-used commercial / residential building, with stones-throw access to the ocean and the bay, shopping, restaurants and all the sights and sounds of Balboa village beach living.

If you're looking for a home-away-from-home here on the Newport peninsula, this home provides not only has the location you want, but the high end furnishings, bar, bicycles and electric golf cart (all available for purchase separately from unit) to make it a one-stop shop of turnkey perfection.

Last Agent to Sell the Property

Art White

White Sail Real Estate License #01905655 Listed on: 04/30/2013

Last Buyer's Agent

Marcel Ford

Old Newport Realty License #01064293

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,770

Year Built

  • Built in 1990

Lot Details

  • 1 Common Wall
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Bay
  • Peek-A-Boo

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,824 Sq Ft Home
  • Living Room with Fireplace
  • Den
  • Carpet

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Location

  • Urban Location

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7001
  • Assessor Parcel Number 93216036

Community Details

Overview

  • No Home Owners Association

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,770

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: All appliances; washer, dryer, refrigerator, wine cooler.
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Fire and Smoke Detection System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216036
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1824.00
  • Interior Amenities: Balcony, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 493.42
  • Room Type: Den, Living Room, Master Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Bay, Peek-A-Boo
  • Fence: No
  • Patio And Porch Features: Terrace, Tile, Wrap Around
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Water Purifier
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights, Urban

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2017
Sold by
Labarge Joshua Peter and Labarge Sheila Renea
Bought by
Jslb Re Ventures Llc
Total Days on Market
31
Current Estimated Value
$2,152,544

Purchase Details

Closed on
Aug 19, 2015
Sold by
Labarge Joshua Peter and Labarge Sheila Renea
Bought by
Labarge Joshua Peter and Labarge Sheila Renea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 7, 2013
Sold by
Kramer Gary
Bought by
Labarge Joshua Peter and La Barge Sheila Renee
Seller's Agent
Art White
White Sail Real Estate
Buyer's Agent
Marcel Ford
Old Newport Realty
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$700,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Jslb Re Ventures Llc -- None Available
Labarge Joshua Peter -- Orange Coast Title Company
Labarge Joshua Peter $900,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labarge Joshua Peter $685,000
Previous Owner Labarge Joshua Peter $700,000
Previous Owner Kramer Gary $199,950
Previous Owner Kramer Gary $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2013 07/18/13 Sold $900,000 -5.3% $493 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $950,000 -- $521 / 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 $867,851 $213,789
2023 $11,492 $1,060,432 $850,834 $209,598
2022 $11,299 $1,039,640 $834,151 $205,489
2021 $11,084 $1,019,255 $817,795 $201,460
2020 $10,977 $1,008,804 $809,409 $199,395
2019 $10,754 $989,024 $793,538 $195,486
2018 $10,541 $969,632 $777,979 $191,653
2017 $10,356 $950,620 $762,724 $187,896
2016 $10,125 $931,981 $747,769 $184,212
2015 $10,029 $917,982 $736,537 $181,445
2014 $9,793 $900,000 $722,109 $177,891
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Art White

    White Sail Real Estate

  • Marcel Ford

    Buyer's Agent in 2013

    Marcel Ford

    Old Newport Realty

    (949) 887-0236

    1 in this area

    27 Total Sales

    Marcel Ford
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13079235

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-36

California Orange County Newport Beach 92661 Balboa Peninsula Point

607 E Balboa Blvd Unit A, Newport Beach, CA

This home is located at 607 E Balboa Blvd Unit A, Newport Beach, CA 92661 since 30 April 2013 and is currently estimated at $2,152,544, approximately $1,180 per square foot. This property was built in 1990. 607 E Balboa Blvd Unit A 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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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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