611 E Balboa Blvd Unit A Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
3
Baths
1,853
Sq Ft
2,483
Sq Ft Lot
Highlights
- Property has ocean access
- Bay View
- No HOA
- Newport Elementary School Rated A
- Ocean Side of Highway 1
- 3-minute walk to Balboa Peninsula Park
About This Home
As of September 2020A beautiful condo with exquisite Tommy Bahama upgrades that is right in the middle of all the action - just steps away from the Balboa Island Ferry, Fun Zone, Balboa Pier, Pavilion, Beaches, Restaurants, Bars and a ferry ride to Balboa Island itself. If you love an active lifestyle or looking for a strong vacation income property, this may be just the one for you. It has an open floor plan featuring spacious bedrooms each with their own bathroom. Winter rental would obtain $3,000 a month and during the summer season $3,500 to $4,000 a week. This is technically a mixed-use condo since it's above retail, so obtaining a loan is difficult - so most likely cash buyers only.
Last Agent to Sell the Property
Old Newport Realty License #01064293 Listed on: 01/25/2013
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,453
Year Built
- Built in 1991
Parking
- 2 Car Attached Garage
- Parking Available
- Two Garage Doors
Interior Spaces
- 1,853 Sq Ft Home
- Entryway
- Family Room with Fireplace
- Bay Views
- Laundry Room
Kitchen
- Convection Oven
- Gas Oven
- Gas Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Property has ocean access
- Beach Access
- Ocean Side of Highway 1
Additional Features
- Two or More Common Walls
- Urban Location
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 93216032
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
42
Current Estimated Value
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
Similar Homes in Newport Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,170,000 | Western Resources Title | |
| Interfamily Deed Transfer | -- | Western Resources Title Co | |
| Interfamily Deed Transfer | -- | Title365 | |
| Grant Deed | $880,000 | Title365 | |
| Grant Deed | $880,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Orange Coast Title | |
| Grant Deed | $515,000 | Orange Coast Title | |
| Grant Deed | $379,000 | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | $528,000 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $303,200 | Purchase Money Mortgage |
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
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
-
Sean Jarne
Seller's Agent in 2020
Sean Jarne
First Team Real Estate
(949) 929-8707
1 in this area
77 Total Sales
-
T
Buyer's Agent in 2020
Tracy Ding
Tracy Ding, BROKER
(626) 222-1755
1 in this area
4 Total Sales
-
B
Buyer Co-Listing Agent in 2020
Baleigh Lofland
First Team Real Estate
-
Tracy Seeber
T
Seller's Agent in 2014
Tracy Seeber
Balboa Realty
(949) 378-8999
36 Total Sales
-
Marcel Ford
Seller's Agent in 2013
Marcel Ford
Old Newport Realty
(949) 887-0236
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP13023323
APN: 932-160-32
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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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