615 E Balboa Blvd Unit A Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
3
Baths
1,406
Sq Ft
1989
Built
Highlights
- Ocean View
- Golf Course Community
- Living Room with Attached Deck
- Newport Elementary School Rated A
- Traditional Architecture
- 3-minute walk to Balboa Peninsula Park
About This Home
As of September 2024Renovated Beach House with Short-Term Rental Permit!
This beautifully remodeled three-bedroom, three-bathroom home includes a coveted short-term rental permit, making it both a luxurious retreat and an excellent investment. Situated just steps from the ocean and across from the famous Fun Zone, this home offers prime access to all the attractions of Balboa Village.
Completely renovated in 2022 and impeccably maintained, this move-in-ready property boasts new cabinets and countertops, a marble backsplash, stainless steel appliances, porcelain flooring throughout, floating vanities, a gas fireplace, and more. Fully furnished and equipped, it comes with furniture, dishes, bikes, boogie boards, an in-unit washer/dryer, and a refrigerator. Additionally, the home features a rare two-car tandem garage, a valuable find near the beach.
Enjoy a ferry ride to Balboa Island or walk across the street to catch a boat to Catalina—everything is within minutes of walking distance. Short-term rental permits in Newport Beach are highly sought after and often come with a long waiting list
Last Agent to Sell the Property
E Realty Brokerage Phone: 562-881-9947 License #01936781 Listed on: 06/05/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,021
Year Built
- Built in 1989
Lot Details
- 1 Common Wall
Parking
- 2 Car Garage
Property Views
- Ocean
- Bay
Home Design
- Traditional Architecture
Interior Spaces
- 1,406 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Tile Flooring
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
- Utility Sink
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- All Upper Level Bedrooms
- Remodeled Bathroom
- 3 Full Bathrooms
- Quartz Bathroom Countertops
- Bathtub
Outdoor Features
- Open Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Water Heater
- Sewer Paid
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 3
- Assessor Parcel Number 93216034
- $375 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
- Balboa Peninsula Subdivision
Recreation
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2024
Closed on
Sep 18, 2024
Sold by
Balboa Weeklycom Llc
Bought by
Larsen Mark and Larsen Mary Melissa
Seller's Agent
Yazen Haddad
E Realty
Buyer's Agent
Lisa Wright
The Wright Group
List Price
$1,999,990
Sold Price
$1,975,000
Premium/Discount to List
-$24,990
-1.25%
Views
139
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
$41,056
Avg. Annual Appreciation
1.95%
Original Mortgage
$1,580,000
Outstanding Balance
$1,571,263
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$437,117
Purchase Details
Listed on
Jun 5, 2024
Closed on
Sep 17, 2024
Sold by
Larsen Mark and Larsen Mark Melissa
Bought by
Paddock Properties Llc
Seller's Agent
Yazen Haddad
E Realty
Buyer's Agent
Lisa Wright
The Wright Group
List Price
$1,999,990
Sold Price
$1,975,000
Premium/Discount to List
-$24,990
-1.25%
Views
139
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,580,000
Outstanding Balance
$1,571,263
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$437,117
Purchase Details
Listed on
Jan 6, 2021
Closed on
Apr 20, 2021
Sold by
Stokes Adam and Stokes Natalie
Bought by
Balboaweekly Com Llc
Seller's Agent
Brandon Goedhart
Watson Realty Services Inc.
Buyer's Agent
Yazen Haddad
E Realty
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$650,000
Interest Rate
1.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 6, 2021
Closed on
Feb 26, 2021
Sold by
Vermeer & Goodhart Dairy Llc
Bought by
Stokes Adam and Stokes Natalie
Seller's Agent
Brandon Goedhart
Watson Realty Services Inc.
Buyer's Agent
Yazen Haddad
E Realty
List Price
$1,600,000
Sold Price
$1,400,000
Premium/Discount to List
-$200,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.62%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 19, 2015
Closed on
Feb 29, 2016
Sold by
Ralphs Adam S and Ralphs Stacey
Bought by
Vermeer & Goedhart Dairy Llc
Seller's Agent
Jennifer Rotellini
Peninsula Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$1,100,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 12, 2012
Sold by
Thompson Paul A and Thompson Nancy J
Bought by
Thompson Paul A and Thompson Nancy J
Purchase Details
Closed on
Dec 1, 2008
Sold by
Ralphs Adam S and Ralphs Stacey
Bought by
Ralphs Adam S and Ralphs Stacey
Purchase Details
Closed on
Aug 22, 2007
Sold by
Tinsley Gary and Tinsley Mary
Bought by
Ralphs Adam S and Ralphs Stacey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 20, 2001
Sold by
Balboa Associates
Bought by
Tinsley Gary and Tinsley Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 | $1,975,000 | First American Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | First Amer Ttl Co Res Div | |
| Grant Deed | $1,400,000 | Chicago Title Company | |
| Grant Deed | $1,150,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $900,000 | Equity Title Company | |
| Grant Deed | $370,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,580,000 | New Conventional | |
| Previous Owner | $650,000 | New Conventional | |
| Previous Owner | $1,100,000 | Purchase Money Mortgage | |
| Previous Owner | $720,000 | Purchase Money Mortgage | |
| Previous Owner | $268,000 | Unknown | |
| Previous Owner | $275,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $1,975,000 | -1.2% | $1,405 / Sq Ft |
| 06/05/2024 06/05/24 | For Sale | $1,999,990 | +42.9% | $1,422 / Sq Ft |
| 04/15/2021 04/15/21 | Sold | $1,400,000 | -12.5% | $996 / Sq Ft |
| 02/17/2021 02/17/21 | Pending | -- | -- | -- |
| 01/06/2021 01/06/21 | For Sale | $1,600,000 | +39.1% | $1,138 / Sq Ft |
| 03/25/2016 03/25/16 | Sold | $1,150,000 | -4.1% | $818 / Sq Ft |
| 03/04/2016 03/04/16 | Pending | -- | -- | -- |
| 12/19/2015 12/19/15 | For Sale | $1,199,000 | -- | $853 / 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 |
|---|---|---|---|---|
| 2025 | $16,021 | $1,975,000 | $1,755,036 | $219,964 |
| 2024 | $16,021 | $1,485,691 | $1,292,354 | $193,337 |
| 2023 | $15,645 | $1,456,560 | $1,267,013 | $189,547 |
| 2022 | $15,383 | $1,428,000 | $1,242,169 | $185,831 |
| 2021 | $13,592 | $1,257,692 | $1,077,238 | $180,454 |
| 2020 | $13,462 | $1,244,796 | $1,066,192 | $178,604 |
| 2019 | $13,186 | $1,220,389 | $1,045,287 | $175,102 |
| 2018 | $12,925 | $1,196,460 | $1,024,791 | $171,669 |
| 2017 | $12,697 | $1,173,000 | $1,004,697 | $168,303 |
| 2016 | $10,824 | $998,622 | $779,252 | $219,370 |
| 2015 | $10,722 | $983,622 | $767,547 | $216,075 |
| 2014 | $9,771 | $897,866 | $700,627 | $197,239 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Yazen Haddad
E Realty
(562) 881-9947
2 in this area
104 Total Sales
-
L
Buyer's Agent in 2024
Lisa Wright
The Wright Group
(858) 361-7678
1 in this area
6 Total Sales
-
Seller's Agent in 2021
Brandon Goedhart
Watson Realty Services Inc.
(951) 712-9118
1 in this area
48 Total Sales
-
J
Seller's Agent in 2016
Jennifer Rotellini
Peninsula Properties
(949) 439-9431
12 Total Sales
-
N
Buyer's Agent in 2016
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,773 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24114359
APN: 932-160-34
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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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