See Home Value
$3,236,000 - $3,954,000
House - Off Market

1103 Balboa Avenue

Newport Beach, CA 92662
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1858 Sqft
Sold Dec 13, 2023
$3,537,500
$3,272,500 by Center Street Lndg Viii Spe Ll
Mortgage
Sold Apr 25, 2023
$2,725,000

About This Property

Do not miss out on this opportunity to make your dream into a reality! This property will be sold with approved plans from the city of Newport Beach to convert the current duplex into a SFR with an ADU. The main home offers three bedrooms, three bathrooms, and an excellent open layout with high ceilings. The ADU will have its own private entrance with a kitchenette. 1103 Balboa Avenue is located in a superb corner lot location and just a short walk to all the shops, restaurants, & entertainment Balboa Island has to offer. Perfect for those who would love to add their own personal touch and stvle to their new custom home without the extended waiting time to get fully approved plans. Details are available upon request.

The manager has listed the unit size as 1858 square feet.
Unit Size
1,858Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$1,935
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

Price History

Date / Event Date Event Price
Dec 28, 2023 No longer available -
No longer available
Dec 13, 2023 Sold $3,537,500
Sold
Oct 27, 2023 Listed $3,595,000
Listed
Apr 27, 2023 No longer available -
No longer available
Apr 25, 2023 Sold $2,725,000
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Duplex
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 500
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,550
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 330
  • Total Building Area: 541
  • Gross Building Area: 541
  • Building Area: 541
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 541
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECTION 3 BALBOA ISLAND
  • Land Acres: 0.059
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR BALBOA ISLAND SEC 3 BLK 19 LOT 14

Ownership

  • Current Owner : 600 CDM DEVELOPMENT LLC
  • Previous Owner : 218 E OCEANFRONT PARTNERS LLC
  • Owner Before Previous Owner: SKIBICKI TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 23, 2023

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063006

Geography

  • Assessors Map Reference: 31-F6
  • Subdivision Tract Number: 101
  • Parcel: 050-123-01
  • Block: 19
  • Lot: 14
  • Latitude: 33.6069
  • Longitude: -117.892

    Address

  • Full Address: 1103 Balboa Ave
  • Address - House Number: 1103
  • Address - Street Name: Balboa
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 1219
  • Zip Code: 92662

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,872
  • Tax Rate Code Area: 07-067

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 73
  • Final Value: 2,973,843
  • High Value: 3,567,184
  • Low Value: 2,380,502

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,372,500
  • First Open Lien Mortgage Lender: CENTER STREET LNDG VIII SPE LL
  • First Open Lien Mortgage Recording Date: Dec 13, 2023
  • First Open Lien Mortgage Loan Amount: $3,272,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Recording Date: Dec 13, 2023
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,588
  • Assessed Land Value: $166,592
  • Assessed Improvements Value: $201,996

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Transaction ID: 11917920963
  • Current Sale Price: $3,537,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 308059
  • Previous Sale Recording Date: Apr 25, 2023
  • Previous Sale Contract Date: Apr 17, 2023
  • Previous Sale Amount: $2,725,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTER STREET LNDG VIII SPE LL
  • First Mortgage Transaction Date: Dec 13, 2023
  • First Mortgage Loan Amount: $3,272,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Transaction Date: Dec 13, 2023
  • Second Mortgage Loan Amount: $100,000
  • Second Mortgage Terms: 360

    Previous Mortgages

  • Previous Mortgage Lender: CENTER STREET LNDG VIII SPE LL
  • Previous Mortgage Transaction Date: Apr 25, 2023
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
904 ft²
$4,618/ft²
$4,175,000 Jul 31, 2023
-
-
Multifamily
2 Beds
2 Baths
904 ft²
$4,618/ft²
$4,175,000 Aug 14, 2023
-
-

About Newport Beach


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Frequently Asked Questions

When was property at 1103 Balboa Avenue built and last sold?
The property at 1103 Balboa Avenue was built in 1958 and last sold on Nov 14, 2023 for $3,537,500.
How much is this home worth?
The estimated value of the home located at 1103 Balboa Avenue is $3,596,927.
What are some comparable homes to 1103 Balboa Avenue?
Homes that are comparable to 1103 Balboa Avenue include a multifamily property at 104 Onyx Avenue, located in Newport Beach, CA.

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