305 E Bay Ave Newport Beach, CA 92661

$1,555,000 Sold Price as of 07/28/2017

-- Beds
-- Baths
1,078 Sq.Ft.

Off Market

$1,555,000 Sold Price as of 07/28/2017 Refinance Your Mortgage

Map preview of 305 E Bay Ave, Newport Beach, CA 92661

Property Overview: 305 E Bay Ave Newport Beach, CA has -- bedrooms, -- bathrooms, 1,078 living square feet and 2,485 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

305 E Bay Ave is currently an off market home in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,295,000. The median price per/sqft for Newport Beach is $1,525. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $859,000 for the down payment and will need roughly $85,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Newport Beach the commission could be as much as $185,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 305 E Bay Ave

Last sold for $1,555,000 on July 28th, 2017

July, 2017
Jul 28, 2017

Date

Sold (Public Records)

Public Records

$1,555,000

Price
January, 2015
Jan 21, 2015

Date

Sold (Public Records)

Public Records

$1,995,000

Price

Tax History for 305 E Bay Ave

Assessed Value (2020): $1,584,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,346,400	$237,600	$1,584,000

About 305 E Bay Ave

Detailed summary of property

305 E Bay Ave is categorized with a use code of Apartments (Generic) in Newport Beach, CA 92661 and last sold on July 28, 2017 for $1,555,000. This property has -- bedrooms, -- bathrooms, roughly 1,078 living square feet, and sits on an approximately 2,485 square foot lot. Homes 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 57.97% lower than the current median priced home. 305 E Bay Ave was last sold on July 28, 2017 for $1,555,000. Local nearby listings include 301 Lindo Ave, 806 E Oceanfront #B and 914 E Balboa Blvd. The average home in Newport Beach, CA is selling in 73 days. There are currently 283 homes for sale in the Newport Beach real estate market and 213 of them are single family homes while 58 of them are condos and 12 are townhomes. If you are the homeowner and looking to sell the home at 305 E 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 305 E Bay Ave

Public county record property details

Beds: --
Baths: --
Year built: 1930
Sq. Ft.: 1,078
Lot Size: 2,485
Stories: 2

Type: Apartments (Generic)
Pool: No
Spa: No
County: Orange
Lot#: 16
APN: 048-092-03

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

$6,750,000

Median List Price/Sq.Ft.

$2,183

Median Sold Price

$4,625,000

Median Sold Price/Sq.Ft.

$1,741

Total Inventory

Median Sale to List Price %

92.59%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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(714) 706-1823

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