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1005 Balboa Ave, Newport Beach, CA 92662
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1005 Balboa Ave Newport Beach, CA 92662

$1,435,000 Sold Price as of 07/23/2021
  • 2 Beds
  • 1 Baths
  • 716 Sq.Ft.
Sold
$1,435,000 Sold Price as of 07/23/2021 Refinance Your Mortgage
Map preview of 1005 Balboa Ave, Newport Beach, CA 92662

Property Overview: 1005 Balboa Ave Newport Beach, CA has 2 bedrooms, 1 bathrooms, 716 living square feet and 1,140 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Check out this quintessential 1924 Balboa Island cottage. From the moment you enter this charmer through it's Dutch door you will appreciate a beautifully restored two bedroom Island cottage with refinished wood floors, wood burning fireplace, and a stunning "barrel" ceiling in the main great room. The remodeled kitchen highlights stainless steel appliances and Silestone counters. It is open to the living area, great for entertaining. The kitchen door leads out to your brick patio on the side of the home complete with white picket fence, perfect for barbecuing. Situated on a corner location just steps from shopping and dining along Marina Ave. or the water, this home is ideal for making every day a vacation. This is the lowest priced home on Balboa Island in years.

Listed by Edward Eyerman | BRE #01784016 | Trusted Realty Group
Last checked: 8 minutes ago | Last updated: October 13th, 2021 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
1,140
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
OC21077017
City
Newport Beach
County
Orange
Time on Site
1225 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1005 Balboa Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Living Room, Wood Burning
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Flooring: Wood
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Built-in Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05012226
  • Year Built Source: Public Records
  • Architectural Style: Cottage
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Island - Main Island (BALM)
  • Directions: Marina, turn right on Balboa Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 1005 Balboa Ave

Last sold for $1,435,000 on July 23rd, 2021

  • July, 2021

  • Jul 23, 2021

    Date

    Sold

    CRMLS: OC21077017

    $1,435,000

    Price

  • Jul 14, 2021

    Date

    Pending

    CRMLS: OC21077017

    $1,435,000

    Price

  • Jul 9, 2021

    Date

    Active Under Contract

    CRMLS: OC21077017

    $1,435,000

    Price

  • Jul 7, 2021

    Date

    Active

    CRMLS: OC21077017

    $1,435,000

    Price

  • Jun 30, 2021

    Date

    Hold

    CRMLS: OC21077017

    $1,435,000

    Price

  • Jun 1, 2021

    Date

    Active

    CRMLS: OC21077017

    $1,435,000

    Price

  • May 27, 2021

    Date

    Hold

    CRMLS: OC21077017

    $1,435,000

    Price

  • May 17, 2021

    Date

    Active

    CRMLS: OC21077017

    $1,435,000

    Price

  • May 13, 2021

    Date

    Hold

    CRMLS: OC21077017

    $1,435,000

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: OC21077017

    $1,435,000

    Price

  • Apr 13, 2021

    Date

    Coming Soon

    CRMLS: OC21077017

    $1,435,000

    Price

  • December, 2020

  • Dec 11, 2020

    Date

    Canceled

    CRMLS: NP20184784

    $1,449,000

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: NP20184784

    $1,449,000

    Price

  • Listing provided courtesy of CRMLS

    IDYLLIC BALBOA ISLAND CHARM COTTAGE CIRCA 1924! Here is the best example of good things coming in small packages. Enter through the welcoming Dutch door to this beautifully restored two bedroom Island cottage with gleaming Douglas fir wood floors, a wood burning fireplace, and a stunning "barrel" ceiling in the living/great room. The chef's kitchen with stainless steel appliances and Silestone counters opens to the living area forming a lively entertaining space. The home also offers a brick patio on the side of the home enclosed by a white picket fence, perfect for barbecue. Sitting on a sunny corner location near town, 1005 Balboa Avenue is perfect for year-around living or vacations.

  • July, 2014

  • Jul 21, 2014

    Date

    Sold (Public Records)

    Public Records

    $860,000

    Price

  • July, 2012

  • Jul 19, 2012

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

Show More

Tax History for 1005 Balboa Ave

Assessed Value (2020): $945,086
Year Land Value Improved Value Assessed Value
2020 $920,793 $24,293 $945,086

Home Value Compared to the Market

This property vs the competition

1005 Balboa Ave sold on July 23, 2021 for 47.82% lower than the current median sold price for the city of Newport Beach which is $2,750,000. The median sold price per/sqft for Newport Beach is $1,406 and this home is sold at $2004.19 per/sqft which puts the price per square foot 42.55% higher than the current median sale per square foot for the city of Newport Beach.

About 1005 Balboa Ave

Detailed summary of property

1005 Balboa Ave is a single family home that recently sold in Newport Beach, CA 92662. This house offered 2 bedrooms, 1 bathrooms, roughly 716 living square feet, and sits on an approximately 1,140 square foot lot. 1005 Balboa Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,435,000. Home in Newport Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,406. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 47.82% lower than the current median priced home. Local homes that are currently for sale include 270 Cagney Ln #102, 270 Cagney Ln #313 and 329 Ford. While the average home in Newport Beach, CA is selling in 93 days, 1005 Balboa Ave has a days on market of 62 days. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. For more information on this home for sale at 1005 Balboa Ave Newport Beach, CA 92662 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1005 Balboa Ave

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
716
Lot Size
1,140
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
23,2
APN
050-122-26

The source for these homes facts are from public records.

92662 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,800,000
Median List Price/Sq.Ft.
$2,329
Median Sold Price
$4,937,500
Median Sold Price/Sq.Ft.
$2,163
Total Inventory
17
Median Sale to List Price %
89.85%
Avg Days on Market
61
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1005 Balboa Ave

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Recently Sold Homes Near 1005 Balboa Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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