NOT LISTED FOR SALE

Estimated Value: $5,072,000 - $5,922,000

4 Beds
5 Baths
3,161 Sq Ft
$1,750/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $3,200,000 $1,012 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $31,707/month

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Primary Bedroom Suite
  • Newport Elementary School Rated A
  • Spa
  • Ocean Side of Highway 1

About This Home

As of April 2019

This luxury five bedroom and five bathroom seaside abode on the Balboa Peninsula is a perfectly maintained Single Family Residence that sits on an R2 lot and holds an active 30 days or fewer rental permit with the City of Newport Beach. With new hardwood white oak planks throughout the majority of home combined with stone floors in the wet areas, solid stone countertops coupled with designer stone backsplashes, hand stained custom maple cabinetry, and framless glass shower enclousres in each bathroom, this lucrative beachside vacation rental is attractive and easy to manage. Offering two oversized view decks on the third floor, dual AC units with Nest controllers, installed security system, a tankless hot water heater, natural gas lines for the new Webber BBQ and open air fire pit, this property is appealing to the most selective renters and purchasers alike. 207 E Balboa Blvd is a toes in the sand ocean and mountain view property, offering approximately 3,200 square feet of living space, parking for up-to four cars, and is walkable to the Fun Zone, Duffy Boat rentals, Balboa Pier, Balboa Island and just a short couple of miles to the world famous Wedge or recently rennovated Lido Marina Village. It is also only a 25 minute drive to Disneyland, 1.5 hours San Diego or and hour to downtown LA. Welcome yourself home to 207 E Balboa Blvd.

Last Agent to Sell the Property

Jessica Bailey

Compass License #01990301 Listed on: 04/12/2019

Compass

Co-Listed By

Summer Perry

Compass License #01882790

Last Buyer's Agent

Jan Langford

Surterre Properties Inc. License #01340145

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 2,400 Sq Ft Lot
  • Property fronts an alley
  • Fenced
  • Stucco Fence
  • Fence is in good condition
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • 2 Attached Carport Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Custom Home
  • Traditional Architecture
  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Stone Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,161 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Heatilator
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Game Room
  • Storage
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Convection Oven
  • Gas Oven
  • Built-In Range
  • Indoor Grill
  • Free-Standing Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Humidity Controlled
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Accessible Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Outdoor Features

  • Spa
  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Cooling System Powered By Gas
  • Ducts Professionally Air-Sealed
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 510
  • Assessor Parcel Number 04808126

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: Everything is included
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire Rated Drywall, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Balboa Peninsula (Residential) (BALP)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04808126
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3161.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Furnished, Granite Counters, Home Automation System, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Track Lighting, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen, In Living Room
  • Fireplace Features: Living Room, Master Bedroom, Gas, Gas Starter, Wood Burning, Fire Pit, Heatilator
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1012.34
  • Room Type: Game Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Utility Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Bath
  • Window Features: Casement Windows, Custom Covering, Double Pane Windows, Drapes, Screens, Wood Frames
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Humidity Controlled, Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Rain Gutters, Satellite Dish
  • View: Coastline, Ocean, Water, White Water
  • Fence: Yes
  • Fencing: Good Condition, Stucco Wall
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Roof: Stone, Tile
  • Spa: Yes
  • Construction Materials: Ducts Professionally Air-Sealed, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Covered, Direct Garage Access, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Water Heater, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Indoor Grill, Ice Maker, Microwave, Range Hood, Recirculated Exhaust Fan, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Zoned, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: HVAC, Lighting, Thermostat, Water Heater, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 628.00
  • Tax Lot: 17
  • Tax Tract Number: 510

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Apr 15, 2019
Sold by
Perry Family Trust
Bought by
Heath Bryan P and Heath Fmtr A F
Seller's Agent
Jessica Bailey
Compass
Buyer's Agent
Jan Langford
Surterre Properties Inc.
List Price
$3,200,000
Sold Price
$3,200,000
Current Estimated Value
$5,532,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,332,898
Avg. Annual Appreciation
8.52%
Original Mortgage
$1,000,000
Outstanding Balance
$851,850
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,681,048

Purchase Details

Closed on
Sep 5, 2017
Sold by
Perry Christopher M and Perry Summer L
Bought by
Perry Christopher M and Perry Summer L

Purchase Details

Closed on
Sep 20, 2011
Sold by
Perry Christopher M and Perry Summer Lynn
Bought by
Perry Christopher Marsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$694,200
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Perry Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,192,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2008
Sold by
Espana Luis
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Feb 1, 2007
Sold by
Espana Luis
Bought by
Software Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,788,500
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 2006
Sold by
Ball Christopher J
Bought by
Espana Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,912,500
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 3, 2005
Sold by
Paradise Builders Llc
Bought by
Ball Christopher J

Purchase Details

Closed on
Sep 30, 2005
Sold by
Ball Michele
Bought by
Ball Christopher J

Purchase Details

Closed on
Sep 8, 2005
Sold by
Ball Christopher J
Bought by
Paradise Builders Llc

Purchase Details

Closed on
May 1, 2002
Sold by
Balboa Boulevard Associates Llc
Bought by
Rossi Thomas R and Rossi Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,150
Interest Rate
6.52%

Purchase Details

Closed on
Oct 18, 2001
Sold by
Bledsoe Neil A and Bledsoe Alan A
Bought by
Balboa Boulevard Associates Llc

Purchase Details

Closed on
Apr 6, 2001
Sold by
Bledsoe Tammy S
Bought by
Bledsoe Neil A and Bledsoe Alan A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heath Bryan P $2,800,000 California Title Company
Perry Christopher M -- None Available
Perry Christopher M -- None Available
Perry Christopher Marsh -- First American Title
Perry Christopher M $1,590,000 Chicago Title Company
Jpmorgan Chase Bank National Association $1,804,000 None Available
Software Ventures Llc $239,500 New Century Title Company
Espana Luis $2,550,000 First American Title Co
Ball Christopher J -- First American Title Co
Ball Christopher J -- First American Title Co
Paradise Builders Llc -- --
Rossi Thomas R $931,000 Lawyers Title Company
Balboa Boulevard Associates Llc -- --
Bledsoe Neil A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heath Bryan P $1,000,000
Previous Owner Perry Christopher Marsh $694,200
Previous Owner Perry Christopher M $1,192,500
Previous Owner Software Ventures Llc $2,788,500
Previous Owner Espana Luis $1,912,500
Previous Owner Rossi Thomas R $578,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $3,200,000 0.0% $1,012 / Sq Ft
04/12/2019 04/12/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $3,200,000 -- $1,012 / Sq Ft
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 $32,614 $3,123,451 $2,546,495 $576,956
2024 $32,614 $3,062,207 $2,496,563 $565,644
2023 $31,852 $3,002,164 $2,447,611 $554,553
2022 $31,325 $2,943,299 $2,399,619 $543,680
2021 $30,724 $2,885,588 $2,352,568 $533,020
2020 $30,430 $2,856,000 $2,328,445 $527,555
2019 $19,657 $1,835,506 $1,308,488 $527,018
2018 $19,266 $1,799,516 $1,282,831 $516,685
2017 $18,852 $1,764,232 $1,257,678 $506,554
2016 $18,427 $1,729,640 $1,233,018 $496,622
2015 $18,253 $1,703,660 $1,214,497 $489,163
2014 $17,821 $1,670,288 $1,190,707 $479,581
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19060898

California Regional Multiple Listing Service (CRMLS)

APN: 048-081-26