NOT LISTED FOR SALE

621 W Balboa Blvd Newport Beach, CA 92661

Central Newport Beach Neighborhood

Estimated Value: $2,353,000 - $2,727,000

2 Beds
1 Bath
861 Sq Ft
$3,005/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $1,925,000 $2,236 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $15,572/month

Highlights

  • Ocean View
  • Property has ocean access
  • Sun or Florida Room
  • Newport Elementary School Rated A
  • Fishing
  • No HOA

About This Home

As of October 2021

Location location location! Seize this opportunity to live steps away from the beach! Direct access right out the back door to the sand within only 80ft between you and the boardwalk! Ideally situated between both the Newport and Balboa pier and within walking distance to markets, entertainment, and restaurants! The property has new laminate floors and is very clean inside. Please note that the property is being torn down for new construction within approximately 1 year. A long term lease is unavailable. The property will not include any of the furniture that is in the pictures. All property is being removed this weekend.

Last Agent to Rent the Property

DAKOTA HOPKINS

POINTE REAL ESTATE INC. License #02091570 Listed on: 09/16/2021

Co-Listed By

DELYNN LUCERO

POINTE REAL ESTATE INC.

Last Renter's Agent

DAKOTA HOPKINS

POINTE REAL ESTATE INC. License #02091570 Listed on: 09/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,467

Year Built

  • Built in 1906 | Remodeled

Lot Details

  • 2,100 Sq Ft Lot
  • Property fronts an alley
  • Wood Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Blind Driveway

Property Views

  • Ocean
  • Coastline

Home Design

  • Cottage

Interior Spaces

  • 861 Sq Ft Home
  • Partially Furnished
  • Living Room
  • Dining Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Patio
  • Front Porch

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $4,250
  • 6-Month Minimum Lease Term
  • Available 9/20/21
  • Tax Lot 13
  • Tax Tract Number 7001
  • Assessor Parcel Number 04802420

Community Details

Overview

  • No Home Owners Association
  • Balboa Peninsula Subdivision

Recreation

  • Fishing
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,467

Year Built

Built in 1906 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2021-09-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4250
  • Furnished: Partially
  • Pets Allowed: Call, Yes

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 04802420
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 861.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.59
  • Room Type: Living Room, Sun
  • Bathroom Features: Shower

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Front Porch, Rear Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway Blind
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 2100.00
  • Lot Size Acres: 0.0482

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 6 Months
  • Lot Size Area: 2100.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 07001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Sep 1, 2021
Sold by
Vermeeren Keith Andrew and Vermeeren Jean Dudley
Bought by
Golden Opportunity No 17 Lp
Seller's Agent
DAKOTA HOPKINS
POINTE REAL ESTATE INC.
Buyer's Agent
DAKOTA HOPKINS
POINTE REAL ESTATE INC.
Sold Price
$3,950
Current Estimated Value
$2,587,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,583,062
Avg. Annual Appreciation
7.36%
Original Mortgage
$1,925,000
Outstanding Balance
$1,759,225
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$797,760

Purchase Details

Closed on
Mar 1, 2011
Sold by
Dudley Philip Stuart
Bought by
Dudley Philip S and Dudley Deborah L

Purchase Details

Closed on
Jun 1, 2009
Sold by
Vermeeren Jean Margaret and Vermeeren Jean Dudley
Bought by
Vermeeren Jean Dudley and Jean Dudley Vermeeren Revocable Trust

Purchase Details

Closed on
Apr 15, 2009
Sold by
Dudley Philip Stuart
Bought by
Dudley Philip S and Dudley Deborah L

Purchase Details

Closed on
May 4, 1995
Sold by
Sanwa Bank California
Bought by
Sanwa Bank California and Dudley Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Golden Opportunity No 17 Lp $1,925,000 Fidelity National Title Co
Dudley Philip S -- None Available
Vermeeren Jean Dudley -- None Available
Dudley Philip S -- None Available
Sanwa Bank California -- --
Sanwa Bank California -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Opportunity No 17 Lp $1,925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Rented $3,950 0.0% --
09/23/2021 09/23/21 Price Changed $3,950 -7.1% $5 / Sq Ft
09/17/2021 09/17/21 For Rent $4,250 0.0% --
09/17/2021 09/17/21 Off Market $4,250 -- --
09/16/2021 09/16/21 Sold $1,925,000 0.0% $2,236 / Sq Ft
09/16/2021 09/16/21 For Rent $4,250 0.0% --
08/27/2021 08/27/21 Pending -- -- --
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 $21,467 $2,042,825 $2,019,743 $23,082
2024 $21,467 $2,002,770 $1,980,140 $22,630
2023 $20,963 $1,963,500 $1,941,313 $22,187
2022 $20,615 $1,925,000 $1,903,248 $21,752
2021 $1,199 $79,315 $70,133 $9,182
2020 $1,187 $78,502 $69,414 $9,088
2019 $1,169 $76,963 $68,053 $8,910
2018 $1,149 $75,454 $66,718 $8,736
2017 $1,130 $73,975 $65,410 $8,565
2016 $1,108 $72,525 $64,127 $8,398
2015 $1,096 $71,436 $63,164 $8,272
2014 $1,071 $70,037 $61,927 $8,110
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2021

    DAKOTA HOPKINS

    POINTE REAL ESTATE INC.

    (626) 484-4046

    29 Total Sales

    DAKOTA HOPKINS
    Section Image

  • D

    Seller's Agent in 2021

    Dave Cochems

    C & M Real Estate Services

    (949) 887-6474

    1 in this area

    19 Total Sales

    Dave Cochems
    Section Image

  • D

    Landlord's Co-Listing Agent in 2021

    DELYNN LUCERO

    POINTE REAL ESTATE INC.

    Section Image

  • S

    Buyer's Agent in 2021

    Sina Oveissi

    Pointe Real Estate Inc.

    (949) 973-9006

    2 in this area

    26 Total Sales

    Sina Oveissi
    Section Image
  • Irv Tons

    Buyer Co-Listing Agent in 2021

    Irv Tons

    Pointe Real Estate Inc.

    (626) 484-4046

    1 in this area

    33 Total Sales

    Irv Tons
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21205237

California Regional Multiple Listing Service (CRMLS)

APN: 048-024-20

California Orange County Newport Beach 92661 Central Newport Beach

621 W Balboa Blvd, Newport Beach, CA

This home is located at 621 W Balboa Blvd, Newport Beach, CA 92661 since 16 September 2021 and is currently priced at $2,587,012. This property was built in 1906. 621 W Balboa Blvd is a home located in Orange County with nearby schools including Newport Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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