1325 W Bay Ave, Newport Beach, CA 92661
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1325 W Bay Ave Newport Beach, CA 92661

$1,295,000 Sold Price as of 06/07/2019
  • 2 Beds
  • 2 Baths
  • 1,132 Sq.Ft.
Sold
$1,295,000 Sold Price as of 06/07/2019 Refinance Your Mortgage

Map preview of 1325 W Bay Ave, Newport Beach, CA 92661

Property Overview: 1325 W Bay Ave Newport Beach, CA has 2 bedrooms, 2 bathrooms, 1,132 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this very unique and rare opportunity to live on the Balboa Peninsula. This Condo, with only one other unit on the lot, is Turnkey and ready for immediate occupancy. There are NO HOA fees and offers the privacy of a single family home with no residence above or below. This gorgeous home is perfectly nestled between the Beach and the Bay in a quiet residential neighborhood, close proximity to Balboa and Newport Pier, Restaurants and shops. The first level has a finished tandem garage with washer and dryer, plenty of storage and direct access to home. 2nd level features 2 Bedrooms and 2 bathrooms, cozy fireplace in the living room, office, kitchen with Stainless Steel appliances. Enjoy warm or cooler evenings on the large Private Rooftop Deck with outdoor Fireplace, Built in BBQ and panoramic views of beautiful surroundings, the Bay and Beach. Rooftop is wired with speakers and plenty of storage. The owner has updated both bathrooms, new gas range/oven, dishwasher and garage door .This home is a great investment opportunity as well; R2 zoned for rentals; short term or long term; cozy family gatherings .... views, privacy and beach Life. What more can you ask for? Please note the property for sale is the BACK unit only which is 1325 1/2, the front unit is NOT for sale, please do not disturb occupant at 1325, thank you.

Listed by Gina Labellarti | BRE #01509425 | Coldwell Banker Dynasty T.C.
Last checked: 12 minutes ago | Last updated: September 18th, 2021 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
2000
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
AR19097550
City
Newport Beach
County
Orange
Time on Site
1435 days

Virtual Tour

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Property Details for 1325 W Bay Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Family Room, Outside, See Remarks
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 2
  • Eating Area: In Kitchen, See Remarks
  • Flooring: Carpet
  • All Bedrooms Up, Kitchen, Office, See Remarks
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Balcony, Copper Plumbing Full, Crown Molding, Wired for Sound
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Door Features: French Doors
Exterior Features
Exterior Information
  • Roof: Spanish Tile
  • Barbecue Private
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Porch, Roof Top, See Remarks, Terrace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Direct Garage Access, Garage Door Opener, Tandem Garage
  • Has Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
Property Information
  • Has View
  • View: Bay, Ocean
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Total # of Units: 1
  • Parcel Number: 93971020
  • Year Built Source: Assessor
  • Architectural Style: Mediterranean
  • Property is Attached
  • Offered With Property: Washer/Dryer/Refrigerator, Rooftop plants. Furniture inventory provided upon opening of escrow.
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Cable Available, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa at 15th
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 1325 W Bay Ave

Last sold for $1,295,000 on June 7th, 2019
  • June, 2019

  • Jun 7, 2019

    Date

    Sold

    CRMLS: AR19097550

    $1,295,000

    Price

  • May 6, 2019

    Date

    Pending

    CRMLS: AR19097550

    $1,295,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: AR19097550

    $1,295,000

    Price

  • June, 2019

  • Jun 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,295,000

    Price

  • December, 2010

  • Dec 2, 2010

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

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Tax History for 1325 W Bay Ave

Assessed Value (2020): $1,320,900
Year Land Value Improved Value Assessed Value
2020 $1,122,542 $198,358 $1,320,900

Home Value Compared to the Market

This property vs the competition

1325 W Bay Ave sold on June 7, 2019 for 59.78% lower than the current median sold price for the city of Newport Beach which is $3,220,000. The median sold price per/sqft for Newport Beach is $1,343 and this home is sold at $1143.99 per/sqft which puts the price per square foot 14.82% lower than the current median sale per square foot for the city of Newport Beach.

About 1325 W Bay Ave

Detailed summary of property

1325 W Bay Ave is a condominium that recently sold in Newport Beach, CA 92661. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,132 living square feet, and sits on an approximately -- square foot lot. 1325 W Bay Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,295,000. Home in Newport Beach are selling for a median price of $3,220,000 and a median price per square foot of $1,343. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 59.78% lower than the current median priced home. Local homes that are currently for sale include 16541 Loire Circle, 9371 Asbury Circle and 17692 Flintstone Ln. While the average home in Newport Beach, CA is selling in 86 days, 1325 W Bay Ave has a days on market of 4 days. There are currently 303 homes for sale in the Newport Beach real estate market and 227 of them are single family homes while 67 of them are condos and 9 are townhomes. For more information on this home for sale at 1325 W Bay Ave Newport Beach, CA 92661 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1325 W Bay Ave

Public county record property details
Beds
2
Baths
2
Year built
2000
Sq. Ft.
1,132
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
3
APN
939-710-20

The source for these homes facts are from public records.

92661 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$6,795,000
Median List Price/Sq.Ft.
$2,183
Median Sold Price
$5,350,000
Median Sold Price/Sq.Ft.
$2,599
Total Inventory
49
Median Sale to List Price %
100%
Avg Days on Market
57
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (33.33%), Other (33.33%)

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Related Resources to 1325 W Bay 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.