927 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point NeighborhoodEstimated Value: $4,163,014 - $4,301,000
3
Beds
2.5
Baths
2,376
Sq Ft
$1,785/Sq Ft
Est. Value
Highlights
- Marina
- Ocean View
- Home fronts navigable water
- Newport Elementary School Rated A
- Property has ocean access
- 1-minute walk to Balboa Peninsula Park
About This Home
As of July 2019If you are looking for a bit of glamour at the beach look no further than 927 E. Balboa Blvd. Here high-end custom finishes combine with dramatic architectural details to create a one-of-a-kind, upmarket lifestyle experience sited just one door from both the beach and the bay. With three levels of clean, contemporary living space, the three bedroom, two-and-one-half bath floor plan can easily be enjoyed as an urban chic full-time residence or turn-key beach home. Stunning reclaimed hardwood floors originating from vintage wine casks provide the perfect foundation contrast to glimmering steel, stone, and glass construction materials. Made for entertaining the home's professional-grade kitchen can service gatherings of virtually any size. The extraordinary custom island with mosaic tile inlay serves as the focal point of the exhibition cooking area. An exquisite handcrafted bar with a stunning fossil stone accent wall services the living and dining spaces. Upstairs the splendid master suite enjoys sparkling bay and city light views. The spa bath features a steam shower, dual vanity, and separate soaking tub. Adjacent terrace with hot tub spa and captivating views. Last but certainly not least there is a well-conceived roof top deck that allows for astonishing views of bay, beach, sparkling city lights and sunsets behind Catalina. The home has full automation and entertainment systems and a large two car garage with adjoining storage. A true show-stopper...one not to be missed!
Last Agent to Sell the Property
Coldwell Banker Realty License #01892201 Listed on: 02/20/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,726
Year Built
- Built in 1987
Lot Details
- 2,130 Sq Ft Lot
- Home fronts navigable water
- Landscaped
- Sprinklers on Timer
Parking
- 2 Car Direct Access Garage
- 1 Open Parking Space
- Parking Available
- Single Garage Door
- Garage Door Opener
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
- Neighborhood
Home Design
- Turnkey
Interior Spaces
- 2,376 Sq Ft Home
- Open Floorplan
- Wired For Sound
- Bar
- Two Story Ceilings
- Custom Window Coverings
- Entrance Foyer
- Great Room with Fireplace
- Dining Room
- Laundry Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Double Oven
- Six Burner Stove
- Indoor Grill
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Upgraded Bathroom
- Heated Floor in Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Multiple Shower Heads
- Separate Shower
Home Security
- Home Security System
- Smart Home
Outdoor Features
- Spa
- Property has ocean access
- Beach Access
- Balcony
- Exterior Lighting
- Outdoor Grill
Location
- Urban Location
Schools
- Newport Elementary School
- Ensign Middle School
- Newport Harbor High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 2 / 14
- Tax Tract Number 218
- Assessor Parcel Number 04814335
Community Details
Overview
- No Home Owners Association
Recreation
- Marina
- Fishing
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2019
Closed on
Jun 20, 2019
Sold by
Michael John Schroeder Family Lp
Bought by
Lundgren Jorgen and Lundgren Angie
Seller's Agent
Tara Shapiro
Coldwell Banker Realty
Buyer's Agent
Tara Shapiro
Coldwell Banker Realty
List Price
$2,895,000
Sold Price
$2,600,000
Premium/Discount to List
-$295,000
-10.19%
Total Days on Market
118
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
$1,641,338
Avg. Annual Appreciation
8.68%
Original Mortgage
$1,650,000
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 3, 2016
Sold by
Schroeder Michael J
Bought by
Michael John Schroeder Family Limited Pa
Purchase Details
Closed on
Dec 18, 2014
Sold by
Schroeder Susan
Bought by
Schroeder Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Feb 21, 2012
Closed on
Jul 16, 2012
Sold by
Frink Danny and Kincaid Katrina
Bought by
Schroeder Michael J and Schroeder Susan H
Seller's Agent
Karly Brown
Karly Brown, Broker
Buyer's Agent
Karly Brown
Karly Brown, Broker
List Price
$1,845,000
Sold Price
$1,575,000
Premium/Discount to List
-$270,000
-14.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$1,260,000
Interest Rate
3.53%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 18, 2007
Sold by
Frink Dan and Kincaid Katrina
Bought by
Frink Danny and Kincaid Katrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,014,000
Interest Rate
6.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 24, 2006
Sold by
Frink Dan and Kincaid Katrina
Bought by
Frink Dan and Kincaid Katrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Mar 21, 2005
Sold by
Bloom Nile and Bloom Suzanne
Bought by
Frink Dan and Kincaid Katrina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
Commercial
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lundgren Jorgen | $2,600,000 | Chicago Title Company | |
| Michael John Schroeder Family Limited Pa | -- | None Available | |
| Schroeder Michael J | -- | Chicago Title Company | |
| Schroeder Michael J | $1,575,000 | Old Republic Title Company | |
| Frink Danny | -- | Investors Title Company | |
| Frink Dan | -- | Commonwealth Land Title Co | |
| Frink Dan | -- | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lundgren Jorgen | $2,000,000 | |
| Closed | Lundgren Jorgen | $1,950,000 | |
| Closed | Lundgren Jorgen | $1,650,000 | |
| Previous Owner | Schroeder Michael J | $500,000 | |
| Previous Owner | Schroeder Michael J | $1,300,000 | |
| Previous Owner | Schroeder Michael J | $800,000 | |
| Previous Owner | Schroeder Michael J | $158,000 | |
| Previous Owner | Schroeder Michael J | $1,100,000 | |
| Previous Owner | Schroeder Michael J | $1,260,000 | |
| Previous Owner | Frink Danny | $1,014,000 | |
| Previous Owner | Frink Dan | $1,000,000 | |
| Previous Owner | Frink Dan | $1,000,000 | |
| Previous Owner | Bloom Nile | $485,130 | |
| Previous Owner | Bloom Nile | $100,000 | |
| Previous Owner | Bloom Nile | $420,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2019 07/18/19 | Sold | $2,600,000 | -5.4% | $1,094 / Sq Ft |
| 05/10/2019 05/10/19 | Price Changed | $2,748,000 | -5.1% | $1,157 / Sq Ft |
| 02/20/2019 02/20/19 | For Sale | $2,895,000 | +83.8% | $1,218 / Sq Ft |
| 08/27/2012 08/27/12 | Sold | $1,575,000 | -7.1% | $623 / Sq Ft |
| 07/23/2012 07/23/12 | Pending | -- | -- | -- |
| 05/08/2012 05/08/12 | Price Changed | $1,695,000 | -3.1% | $670 / Sq Ft |
| 03/20/2012 03/20/12 | Price Changed | $1,749,000 | -5.2% | $692 / Sq Ft |
| 02/21/2012 02/21/12 | For Sale | $1,845,000 | -- | $730 / 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 | $29,726 | $2,787,724 | $2,510,196 | $277,528 |
| 2023 | $29,031 | $2,733,063 | $2,460,976 | $272,087 |
| 2022 | $28,550 | $2,679,474 | $2,412,722 | $266,752 |
| 2021 | $28,003 | $2,626,936 | $2,365,414 | $261,522 |
| 2020 | $27,734 | $2,600,000 | $2,341,159 | $258,841 |
| 2019 | $18,639 | $1,738,650 | $1,496,695 | $241,955 |
| 2018 | $18,268 | $1,704,559 | $1,467,348 | $237,211 |
| 2017 | $17,945 | $1,671,137 | $1,438,577 | $232,560 |
| 2016 | $17,543 | $1,638,370 | $1,407,936 | $230,434 |
| 2015 | $17,378 | $1,613,761 | $1,386,788 | $226,973 |
| 2014 | $16,968 | $1,582,150 | $1,359,623 | $222,527 |
Source: Public Records
Agents Affiliated with this Home
-
Tara Shapiro
Seller's Agent in 2019
Tara Shapiro
Coldwell Banker Realty
(949) 478-7781
40 in this area
95 Total Sales
-
Karly Brown
K
Seller's Agent in 2012
Karly Brown
Karly Brown, Broker
(949) 723-4494
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19039048
APN: 048-143-35
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