NOT LISTED FOR SALE

Estimated Value: $1,686,000 - $2,932,000

3 Beds
3 Baths
1,877 Sq Ft
1,999 Sq Ft Lot

Last Sold September 21, 2020

Last sale price $1,170,000 $623 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,540/month

364 Days on Market

Highlights

  • Property has ocean access
  • No Units Above
  • Across the Road from Lake or Ocean
  • Newport Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Balboa Peninsula Park

About This Home

As of September 2020

This is one of the best locations on the Newport Beach Peninsula! This completely renovated beach home features 3 bedrooms and 3 bathrooms and includes every modern touch you can imagine. The home has an updated kitchen with newer cabinets and granite countertops. There is a large living area with an upgraded stone fireplace with lots of widows. You are just a short stroll to the Balboa Fun Zone, Ferry, Balboa Pier, local restaurants, shops and incredible sun-drenched beaches. This home encompasses true beach living and blends refined beach-chic with the Peninsula Lifestyle. Inside this home, you will find an open concept living with completely upgraded kitchen, bathrooms, new wood flooring, fresh paint in and out, upgraded windows and new fixtures around the home. Also included is direct access to the tandem garage which provides ample parking and storage for all your beach toys.

Last Agent to Sell the Property

Sean Jarne

First Team Real Estate License #01447010 Listed on: 07/11/2019

First Team Real Estate

Last Buyer's Agent

Tracy Ding

Tracy Ding, BROKER License #01785480

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,453

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • No Units Above
  • Two or More Common Walls
  • East Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey
  • Shake Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,877 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Sliding Doors
  • Insulated Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean
  • Suburban Location

Schools

  • Newport Elementary School
  • Horace Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Tax Tract Number 7001
  • Assessor Parcel Number 93216032

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Built by Uknown

Recreation

  • Water Sports

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,453

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Quadruplex
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Well Report: No
  • Zoning: R2
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93216032
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1877.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Granite Counters, Living Room Balcony, Living Room Deck Attached
  • Stories: 1
  • Entry Location: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Insulated Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, In Kitchen
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 623.34
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Shower In Tub, Granite Counters, Remodeled, Upgraded, Vanity Area
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Exterior Features: Lighting, Rain Gutters
  • View: City Lights, Neighborhood
  • Fence: No
  • Builder Name: Uknown
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Concrete, Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Watersports, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Horace Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Horace Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 95x64
  • Lot Size Sq Ft: 2000.00
  • Lot Size Acres: 0.0459
  • Latitude Manual: 33.60216200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2000.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 628.00
  • Tax Lot: 3
  • Tax Model: 3
  • Tax Tract: 07001
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 13, 2020
Sold by
Ty Coastal Properties Llc
Bought by
Kan Henry
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Tracy Ding
Tracy Ding, BROKER
List Price
$1,250,000
Sold Price
$1,170,000
Premium/Discount to List
-$80,000
-6.4%
Total Days on Market
364
Current Estimated Value
$2,151,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,640
Avg. Annual Appreciation
14.34%
Original Mortgage
$700,000
Outstanding Balance
$639,160
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,557,051

Purchase Details

Listed on
Jul 11, 2019
Closed on
Jul 29, 2020
Sold by
Ding Jie Ci
Bought by
Kan Henry
Seller's Agent
Sean Jarne
First Team Real Estate
Buyer's Agent
Tracy Ding
Tracy Ding, BROKER
List Price
$1,250,000
Sold Price
$1,170,000
Premium/Discount to List
-$80,000
-6.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$639,160
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,557,051

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 8, 2013
Sold by
Anderson Dennis Marshal
Bought by
Anderson Marnie Alice
Seller's Agent
Marcel Ford
Old Newport Realty
Buyer's Agent
Marcel Ford
Old Newport Realty
List Price
$925,000
Sold Price
$880,000
Premium/Discount to List
-$45,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Oct 27, 2004
Sold by
611 East Balboa Llc
Bought by
Wilcox John Richard and Wilcox Marnie Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2004
Sold by
The Maurici Family Trust
Bought by
611 East Balboa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2003
Sold by
Maurici Liliana O
Bought by
Maurici Domenico

Purchase Details

Closed on
Jan 7, 2003
Sold by
Mckee Shaum
Bought by
Maurici Domenico

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2000
Sold by
Balboa Associates
Bought by
Mckee Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
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
Kan Henry $1,170,000 Western Resources Title
Kan Henry -- Western Resources Title Co
Anderson Marnie Alice -- Title365
Ty Coastal Properties Llc $880,000 Title365
Wilcox John Richard $880,000 Lawyers Title Company
611 East Balboa Llc -- --
Maurici Domenico -- Orange Coast Title
Maurici Domenico $515,000 Orange Coast Title
Mckee Shaun $379,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kan Henry $700,000
Previous Owner Wilcox John Richard $528,000
Previous Owner Maurici Domenico $400,000
Previous Owner Mckee Shaun $303,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $1,170,000 -2.5% $623 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $1,199,999 0.0% $639 / Sq Ft
05/22/2020 05/22/20 Price Changed $1,199,995 0.0% $639 / Sq Ft
02/13/2020 02/13/20 Price Changed $1,199,999 0.0% $639 / Sq Ft
01/24/2020 01/24/20 Price Changed $1,199,995 0.0% $639 / Sq Ft
01/06/2020 01/06/20 Rented $4,500 0.0% --
11/25/2019 11/25/19 For Rent $4,500 0.0% --
10/22/2019 10/22/19 Price Changed $1,199,999 0.0% $639 / Sq Ft
10/14/2019 10/14/19 Price Changed $1,200,000 -4.0% $639 / Sq Ft
09/26/2019 09/26/19 Price Changed $1,249,995 0.0% $666 / Sq Ft
09/04/2019 09/04/19 Price Changed $1,249,999 0.0% $666 / Sq Ft
07/11/2019 07/11/19 For Sale $1,250,000 0.0% $666 / Sq Ft
02/21/2014 02/21/14 Rented $3,650 -2.7% --
02/21/2014 02/21/14 For Rent $3,750 0.0% --
03/20/2013 03/20/13 Sold $880,000 -4.9% $475 / Sq Ft
01/25/2013 01/25/13 For Sale $925,000 -- $499 / 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 $13,453 $1,241,613 $1,003,880 $237,733
2023 $13,136 $1,217,268 $984,196 $233,072
2022 $12,916 $1,193,400 $964,898 $228,502
2021 $12,670 $1,170,000 $945,978 $224,022
2020 $10,788 $990,864 $764,178 $226,686
2019 $10,569 $971,436 $749,194 $222,242
2018 $10,360 $952,389 $734,504 $217,885
2017 $10,178 $933,715 $720,102 $213,613
2016 $9,951 $915,407 $705,982 $209,425
2015 $9,856 $901,657 $695,377 $206,280
2014 $9,625 $883,995 $681,755 $202,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19164921

California Regional Multiple Listing Service (CRMLS)

APN: 932-160-32