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$1,597,000

Beds
2
Baths
2.0
sq ft
1,609

220 Nice Ln Unit 208, Newport Beach, CA 92663

220 Nice Ln Unit 208

Newport Beach, CA 92663

  • 3 days on market
Wake up in Paradise! Spacious ocean view living at the full service gated Villa Balboa community, minutes from the beach. This recently remodeled 2 bedrooms (an oversized master bedroom and a guest bedroom), 2 bathrooms (double vanity master bath and guest bath) condo has accent woodwork throughout (sailing vibe), recessed lighting, crown molding, carpet, hardwood, and tile flooring throughout. The kitchen has been remodeled with granite counter tops and stainless-steel appliances, and has a breakfast bar to complement the kitchen. Oversized balcony with storage closets and ocean views. The unit also has 2 assigned covered parking spaces in the underground garage. This quiet gated community offers a spacious clubhouse, two pools and spas, tennis courts, and a community fitness center. Sunset Ridge Park is within walking distance and the beach is just a few steps away. Ideal for sunrise and sunset walks. The sound of late night waves is soothing beyond description...

Details

Property type

Condominium

Est. home value

$1,337,275

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$993

Year built

1979

Monthly HOA fee

$932

Price History

02/02/2025
CRMLS

CRMLS #OC25024306

Listed
$1,597,000
+85.7%
01/30/2017
CRMLS

CRMLS #NP16760614

Sold
$860,000

Schools & Community

Elementary school: 

Newport Heights

Middle school: 

Horace Ensign

High school: 

Newport Harbor

Community features: 

Pool, Gated, Curbs, Street Lights, Sidewalks

High school district: 

Newport Mesa Unified

Number of units in community: 

49

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$798,257
Asking price
$1,597,000
Closing costs (~8% of asking)
-$127,760
Est. remaining loan balance
-$670,983
Cash to seller
$798,257

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

September 2020

Original loan amount

$742,967

Est. remaining balance

$670,983

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Mina Kazemi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/05/2025 at 10:00 AM

Listing updated: 02/05/2025 at 6:35 AM

Listed by: Mark Fotohabadi, Laguna Newport Realty Phone #: (310) 962-4558

MLS: CRMLS #OC25024306

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