Sold Mar 31, 2022
$2,620,000
Buyer
$950,000
by Broker Solutions Inc
Mortgage Due Jun 01, 2052
216 East Balboa Bl has been categorized by the local assessors in Newport Beach, CA as a residential type of property.
The building on the property was first built in 1926 and is 98 years old.
However, we must point out that the home was most recently renovated and altered in 1927.
In addition, 216 East Balboa Bl has 1,610 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 2,400 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Mar 23, 2022 for $2,620,000. That's $1,627.33 per sqft. 216 East Balboa Bl was last assessed in 2023. The total value of the property was assessed at $2,672,400. Specifically, the land the property is located on was valued at $2,617,509. While improvements on the property were assessed at a total of $54,891. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $29,053. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Mar 23, 2022 for $2,620,000. That's $1,627.33 per sqft. 216 East Balboa Bl was last assessed in 2023. The total value of the property was assessed at $2,672,400. Specifically, the land the property is located on was valued at $2,617,509. While improvements on the property were assessed at a total of $54,891. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $29,053. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
216 East Balboa Bl, Newport Beach, CA 92661
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