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2805 West Balboa Boulevard

2805 West Balboa Boulevard, Newport Beach, CA 92663
Sold Sep 10, 2014
$1,200,000
$1,275,000 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2051
Local assessors in Newport Beach, CA have categorized 2805 West Balboa Boulevard as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 2,758 square feet. The linear feet between the front and back of the lot was measured at 500 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2805 West Balboa Boulevard has a total of 2,156 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 882 sqft. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2805 West Balboa Boulevard was last sold in Aug 28, 2014 for $1,200,000. According to our calculations, that's $556.59 per sqft. Current property owners are expected to pay $21,544 in taxes per year. The property on 2805 West Balboa Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,003,033. To break that down further, the land itself was valued at $1,265,507. While improvements to the property were assessed at a total of $737,526. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 882
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,758
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEWPORT BEACH TRACT
  • Land Acres: 0.063
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: A TR NEWPORT BEACH CITY BLK 28 LOT 22 NEWPORT BEACH CITY LOT 22 BLK 28 POR OF LOT AND

Ownership

  • Current Owner : GOLD STONE PROPERTIES LLC
  • Previous Owner : PHAM LONG KIM
  • Previous Owner 2: VAN PHAM MARY TUONG
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063500

Geography

  • Assessors Map Reference: 31-C6
  • Subdivision Tract Number: 512
  • Parcel: 047-091-31
  • Block: 28
  • Lot: 22
  • Latitude: 33.6127
  • Longitude: -117.931

    Address

  • Full Address: 2805 W Balboa Blvd
  • Address - House Number: 2805
  • Street Direction: W
  • Address - Street Name: Balboa
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 3452
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,544
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 1,774,446
  • High Value: 2,434,839
  • Low Value: 1,114,052

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,275,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,003,033
  • Assessed Land Value: $1,265,507
  • Assessed Improvements Value: $737,526

    Sales

  • Current Sale Contract Date: Aug 28, 2014
  • Current Sale Recording Date: Sep 10, 2014
  • Current Sale Transaction ID: 1039009309
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014000367675

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Frequently Asked Questions

What neighborhood is 2805 West Balboa Boulevard located in?
The 2805 West Balboa Boulevard is a located in the neighborhood of West Newport Beach in Newport Beach, Newport Beach.
What is the average sales price for listings in 2805 West Balboa Boulevard?
The average sales price for units in 2805 West Balboa Boulevard is $0 currently.

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