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1500 Clay St, Newport Beach, CA 92663
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1500 Clay St Newport Beach, CA 92663

$1,835,000 Sold Price as of 05/23/2019
  • 6 Beds
  • 3 Baths
  • 2,400 Sq.Ft.
Sold
$1,835,000 Sold Price as of 05/23/2019 Refinance Your Mortgage
Map preview of 1500 Clay St, Newport Beach, CA 92663

Property Overview: 1500 Clay St Newport Beach, CA has 6 bedrooms, 3 bathrooms, 2,400 living square feet and 8,272 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of ownership triplex located on a beautiful tree lined street in prestigious "Newport Heights". This investment property consists of 3 two bedroom/ 1bath units. All units have been upgraded over the years and feature, laminate flooring, granite countertops, and stainless steel appliances. Each unit comes with a 1 car garage, private patio, and community laundry room. This property is 5 minutes away from the beach and minutes away from all the shopping and dining options 17th street has to offer. This is one investment you do not want to miss!

Listed by Timothy Carr | BRE #01017277 | Villa Real Estate
Last checked: 32 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,272
HOA Dues
$0/mo
Year built
1955
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
NP19098362
City
Newport Beach
County
Orange
Time on Site
1380 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,550
  • Total Rent: $2,550
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1500 Clay St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Greenbelt
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 42524207
  • Year Built Source: Other
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Newport Heights (NEWH)
  • Directions: Irvine Ave to Clay
Neighborhood Information
  • Community Features: Gutters, Storm Drains, Street Lights
View more facts & features

Local Newport Beach Agent

Sale History for 1500 Clay St

Last sold for $1,835,000 on May 23rd, 2019

  • May, 2019

  • May 24, 2019

    Date

    Sold

    CRMLS: NP19098362

    $1,835,000

    Price

  • May 14, 2019

    Date

    Pending

    CRMLS: NP19098362

    $1,899,000

    Price

  • May 3, 2019

    Date

    Active Under Contract

    CRMLS: NP19098362

    $1,899,000

    Price

  • May 3, 2019

    Date

    Active

    CRMLS: NP19098362

    $1,899,000

    Price

  • May, 2019

  • May 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,835,000

    Price

  • July, 2001

  • Jul 27, 2001

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

Show More

Tax History for 1500 Clay St

Assessed Value (2020): $917,681
Year Land Value Improved Value Assessed Value
2020 $835,090 $82,591 $917,681

Home Value Compared to the Market

This property vs the competition

1500 Clay St sold on May 23, 2019 for 27.68% lower than the current median sold price for the city of Newport Beach which is $2,626,000. The median sold price per/sqft for Newport Beach is $1,073 and this home is sold at $791.25 per/sqft which puts the price per square foot 26.26% lower than the current median sale per square foot for the city of Newport Beach.

About 1500 Clay St

Detailed summary of property

1500 Clay St is a multi family that recently sold in Newport Beach, CA 92663. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,400 living square feet, and sits on an approximately 8,272 square foot lot. 1500 Clay St was first listed on ArdentRealEstateGroup.com on July 20, 2020. The homeowner sold the property for $1,835,000. Home in Newport Beach are selling for a median price of $2,626,000 and a median price per square foot of $1,073. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 27.68% lower than the current median priced home. Local homes that are currently for sale include 16426 San Jacinto Street, 17061 Whitby Cir and 189 Lower Cliff Dr. There are currently 266 homes for sale in the Newport Beach real estate market and 196 of them are single family homes while 56 of them are condos and 14 are townhomes. For more information on this home for sale at 1500 Clay St Newport Beach, CA 92663 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1500 Clay St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
8,271
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
Orange
Lot#
28
APN
425-242-07

The source for these homes facts are from public records.

92663 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$4,195,000
Median List Price/Sq.Ft.
$1,501
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$979
Total Inventory
86
Median Sale to List Price %
100.87%
Avg Days on Market
34
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (30.77%), Other (46.15%)

Thinking of Selling?

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Recently Sold Homes Near 1500 Clay St

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$1,835,000 Last Sold Price
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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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