927 E Balboa Blvd Newport Beach, CA 92661
Balboa Peninsula Point Neighborhood
3
Beds
2.5
Baths
2,529
Sq Ft
2,100
Sq Ft Lot
Highlights
- Ocean View
- Deck
- Balcony
- Newport Elementary School Rated A
- Double Oven
- 1-minute walk to Balboa Peninsula Park
About This Home
As of July 2019This beautiful and spacious home is in wonderful condition. Steps to the sand and views of the bay and beach. First floor is parking, laundry, full bath and two bedrooms. Second level is living space with huge greatroom feel and tons of storage. Third level is private Master Suite with graceful bathroom, extra large closet and private balcony with view. This property is zoned R5 so this could also be a development opportunity to build multiple units. Home has regular summer rental clients and a short term lodging permit.
Last Agent to Sell the Property
Karly Brown, Broker License #01189690 Listed on: 02/21/2012
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,726
Year Built
- Built in 1987
Lot Details
- 2,100 Sq Ft Lot
- Lot Dimensions are 70x30
- Property is zoned multi
Parking
- 2 Car Direct Access Garage
- Parking Available
- Rear-Facing Garage
- Garage Door Opener
Property Views
- Ocean
- Bay
Home Design
- Composition Roof
Interior Spaces
- 2,529 Sq Ft Home
- Built-In Features
- Fireplace With Gas Starter
- Double Pane Windows
- Living Room
Kitchen
- Double Oven
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Outdoor Features
- Balcony
- Deck
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 0.05
- Assessor Parcel Number 04814335
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%
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
$1,517,986
Avg. Annual Appreciation
7.78%
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
7.65%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,600,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Grant Deed | $1,575,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | -- | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Closed | $1,950,000 | New Conventional | |
| Closed | $1,650,000 | Commercial | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,300,000 | Commercial | |
| Previous Owner | $800,000 | Credit Line Revolving | |
| Previous Owner | $158,000 | Credit Line Revolving | |
| Previous Owner | $1,100,000 | Commercial | |
| Previous Owner | $1,260,000 | Commercial | |
| Previous Owner | $1,014,000 | Commercial | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $485,130 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $420,000 | Commercial |
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 |
|---|---|---|---|---|
| 2025 | $29,726 | $2,843,478 | $2,560,400 | $283,078 |
| 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
39 in this area
93 Total Sales
-
Karly Brown
K
Seller's Agent in 2012
Karly Brown
Karly Brown, Broker
(949) 723-4494
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12000738
APN: 048-143-35
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