Seller's Agent in 2023
Cheryleigh Aday
HERITAGE REALTY
(909) 641-9886
1 in this area
84 Total Sales
713 W Balboa Blvd Newport Beach, CA 92661
Central Newport Beach NeighborhoodEstimated Value: $2,786,000 - $3,192,000
3
Beds
2
Baths
966
Sq Ft
$3,040/Sq Ft
Est. Value
Highlights
- Harbor Views
- Sun or Florida Room
- Cottage
- Newport Elementary School Rated A
- No HOA
- Enclosed patio or porch
About This Home
As of April 2023Can You Imagine Views Of The Ocean, Bay & Snow-Capped Mountains All From The Same Home? These Sellers Have Loved And Enjoyed These Views For 4 Generations! So Many Memories Have Been Made Here...Now Is Your Opportunity To Build Precious Memories With Those You Love! As The Saying Goes, Location...Location...Location!!! Well, The Location Is Awesome! It Sits On The Highly Coveted Balboa Peninsula And Is Across The Street From The Prestigious Newport Harbor Yacht Club. You Will Love The Tranquil View Of The Newport Harbor. Just Around The Corner, You Will Find Warm Sand And The Beautiful Blue Waters Of Newport Beach. You Are Just One House In From The Shoreline And Walking Distance To The Balboa Fun Zone, Newport & Balboa Beach Piers. This Is The Location Where Everyone Wants To Be! The Home Is Undersized For The Lot; Therefore, It's A Great Property For A Major Remodel. Outdoors You Will Find A Large Brick Patio To Hang Out. The Downstairs Level Is A Studio Type Apartment (buyer to check zoning for possible 2nd unit or STR) A 3/4 Bathroom And Wall AC & Heater. It Is Totally Separate From The 2nd Story. Upstairs You Will Find A Charming Cottage With A Pick-A-Boo Ocean View From Your Kitchen Window, 2 Bedrooms; Each With Built In Closet/Cabinets, And A Full Bath. There Is Also An Awesome Enclosed Sun Porch That Overlooks The Front Of The Property And Is Where You Have A Beautiful View Of The Newport Harbor And The Snow Capped Views Of Mount Baldy! If It Were Me; I Would Set Up My Home Office Here So That I Could Take Advantage Of The Beautiful Bay & Mountain Views! This Home Also Features An Oversized 2 Car Garage. The Title Shows The Garage Size To Be 552 Square Feet! This Sized Garage Is So Valuable When You Live This Close To The Beach. No Headache Trying To Find Parking!!! In The Garage, You Will Find The Washer & Dryer Hook-Ups And Plenty Of Storage. Just Off The Garage Is An Outdoor Shower, Which Works Wonders At Keeping The Sand Outside. This Home Would Be Perfect As Your Summer Beach House And Would Possibly Make A Great Rental Or Short Term Rental Property. The Neighboring Homes Have Been Remodeled To A More Modern Style Housing And Have Added Lots Of Square Footage And Even Another Story. Check With The City To Find Out What They Will Allow. Now Is The Rare Opportunity To Own An Affordable Beachside Property! Act Now Or You Will Miss Out! Information Is Deemed Reliable But Is Not Guaranteed; Buyer To Verify Every Aspect That Is Important To Buyer.
Last Agent to Sell the Property
HERITAGE REALTY License #00974722 Listed on: 03/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,151
Year Built
- Built in 1930
Lot Details
- 2,160 Sq Ft Lot
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Attached Garage
Home Design
- Cottage
- Additions or Alterations
- Fixer Upper
- Raised Foundation
- Composition Roof
Interior Spaces
- 966 Sq Ft Home
- 2-Story Property
- Sun or Florida Room
- Harbor Views
Kitchen
- Breakfast Bar
- Gas and Electric Range
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Enclosed patio or porch
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Community Details
- No Home Owners Association
- Balboa Peninsula Subdivision
Listing and Financial Details
- Legal Lot and Block 9 / 8
- Tax Tract Number 219
- Assessor Parcel Number 04802319
- $369 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2012
Sold by
Pearson Barbara C
Bought by
Pearson Barbara C and The Pearson Family Trust
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pearson Barbara C | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mark Nappi Living Trust | $1,000,000 | |
| Closed | Mark Nappi Living Trust | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/19/2023 04/19/23 | Sold | $2,400,000 | -14.1% | $2,484 / Sq Ft |
| 03/03/2023 03/03/23 | For Sale | $2,795,000 | -- | $2,893 / 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 | $26,151 | $2,496,960 | $2,447,637 | $49,323 |
| 2024 | $26,151 | $2,448,000 | $2,399,644 | $48,356 |
| 2023 | $27,636 | $2,600,000 | $2,556,012 | $43,988 |
| 2022 | $1,299 | $95,448 | $71,534 | $23,914 |
| 2021 | $1,349 | $93,577 | $70,131 | $23,446 |
| 2020 | $1,335 | $92,618 | $69,412 | $23,206 |
| 2019 | $1,315 | $90,802 | $68,051 | $22,751 |
| 2018 | $1,291 | $89,022 | $66,717 | $22,305 |
| 2017 | $1,270 | $87,277 | $65,409 | $21,868 |
| 2016 | $1,245 | $85,566 | $64,126 | $21,440 |
| 2015 | $1,231 | $84,281 | $63,163 | $21,118 |
| 2014 | $1,203 | $82,631 | $61,926 | $20,705 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
22 in this area
94 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23026970
APN: 048-023-19
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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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