114 Garnet Ave, Newport Beach, CA 92662
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114 Garnet Ave Newport Beach, CA 92662

$2,070,000 Sold Price as of 04/02/2019
  • 3 Beds
  • 2 Baths
  • 871 Sq.Ft.
Sold
$2,070,000 Sold Price as of 04/02/2019 Refinance Your Mortgage

Map preview of 114 Garnet Ave, Newport Beach, CA 92662

Property Overview: 114 Garnet Ave Newport Beach, CA has 3 bedrooms, 2 bathrooms, 871 living square feet and 2,550 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Just steps from the South Bayfront, this rare and enchanting original circa 1920 cottage is located on the quiet end of Balboa Island. Island lore has it that renowned Hollywood actors visited the home often in the 30’s for lively get-togethers. Lovingly maintained by its generational owners, 114 Garnet has 3 bedrooms and 2 baths, with the former garage turned into one of the bedrooms many years ago. The home has many period details, including a wood-burning fireplace, beamed ceilings and paneled walls, Dutch door, porthole windows, and much more. There is also a very large backyard with 2 sitting areas, as well as a wood-burning fireplace. While the garage is being used as one bedroom, the new owner has the choice to convert it back into a garage. There is also a parking space behind the home. Priced at land value, this Island gem is a treasure!

Listed by Donald Abrams | BRE #01234323 | Abrams Coastal Properties
Last checked: 6 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
2,550
HOA Dues
$0/mo
Year built
1923
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP19049279
City
Newport Beach
County
Orange
Time on Site
1396 days

Virtual Tour

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Property Details for 114 Garnet Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • Family Room, Outside, Gas
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Area
  • Flooring: Brick, Carpet
  • Family Room, Kitchen, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Bathroom Information
  • # of Baths (1/2): 1
  • # of Baths (3/4): 1
Interior Features
  • Built-in Features
  • Levels: One
  • Window Features: Screens, Shutters
Exterior Features
Exterior Information
  • Rain Gutters
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Brick, Patio, Screened
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Attached Garage
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Bay, City Lights, Water
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 05004206
  • Year Built Source: Assessor
  • Architectural Style: Cottage
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • 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: Marine Ave to Park go right, left on Garnet. House will be on the left side of the street.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 114 Garnet Ave

Last sold for $2,070,000 on April 2nd, 2019
  • April, 2019

  • Apr 3, 2019

    Date

    Sold

    CRMLS: NP19049279

    $2,070,000

    Price

  • Mar 26, 2019

    Date

    Pending

    CRMLS: NP19049279

    $2,095,000

    Price

  • Mar 15, 2019

    Date

    Active Under Contract

    CRMLS: NP19049279

    $2,095,000

    Price

  • Mar 12, 2019

    Date

    Active

    CRMLS: NP19049279

    $2,095,000

    Price

  • April, 2019

  • Apr 2, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,070,000

    Price

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Tax History for 114 Garnet Ave

Assessed Value (2020): $2,111,400
Year Land Value Improved Value Assessed Value
2020 $2,089,161 $22,239 $2,111,400

Home Value Compared to the Market

This property vs the competition

114 Garnet Ave sold on April 2, 2019 for 43.38% lower than the current median sold price for the city of Newport Beach which is $3,700,000. The median sold price per/sqft for Newport Beach is $1,360 and this home is sold at $2405.28 per/sqft which puts the price per square foot 76.86% higher than the current median sale per square foot for the city of Newport Beach.

About 114 Garnet Ave

Detailed summary of property

114 Garnet Ave is a single family home that recently sold in Newport Beach, CA 92662. This house offered 3 bedrooms, 2 bathrooms, roughly 871 living square feet, and sits on an approximately 2,550 square foot lot. 114 Garnet Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,070,000. Home in Newport Beach are selling for a median price of $3,700,000 and a median price per square foot of $1,360. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 43.38% lower than the current median priced home. Local homes that are currently for sale include 1917 Tustin Ave, 359 Flower St and 1967 Vista Del Oro. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 114 Garnet 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 114 Garnet Ave

Public county record property details
Beds
3
Baths
1
Year built
1923
Sq. Ft.
552
Lot Size
2,550
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
23
APN
050-042-06

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
$5,495,000
Median List Price/Sq.Ft.
$2,379
Median Sold Price
$6,300,000
Median Sold Price/Sq.Ft.
$2,734
Total Inventory
11
Median Sale to List Price %
98.51%
Avg Days on Market
19
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (66.67%), Other (33.33%)

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Related Resources to 114 Garnet Ave

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.