309 Coral Ave, Newport Beach, CA 92662
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309 Coral Ave Newport Beach, CA 92662

$7,500 Leased Price as of 04/19/2023
  • 3 Beds
  • 2 Baths
  • 2,000 Sq.Ft.
Leased
$7,500 Leased Price as of 04/19/2023 Refinance Your Mortgage

Map preview of 309 Coral Ave, Newport Beach, CA 92662

Property Overview: 309 Coral Ave Newport Beach, CA has 3 bedrooms, 2 bathrooms, 2,000 living square feet and 2,614 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Perfect timing to move onto Newport Beach's famous Balboa Island. This Mid Century Modern 3 bedroom/2 bath home is ideally located... close enough for an easy stroll to restaurants and shops, yet far enough away to avoid the potential crowds. The property has been recently upgraded and tuned-up, while keeping the stylish charm of the original architecture. Enjoy the indoor/outdoor Balboa Island lifestyle either on the front porch, or on more private side patio. Lease includes 2 car garage with washer/dryer hookups. 309.5 is the back unit, also available to lease.

Listed by Scott Singer | BRE #01310519 | Arbor Real Estate
Co-listed by Andrew Baker | BRE #02049100 | Arbor Real Estate
Last checked: 12 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 112

Home details

Lot Sq. Ft
2,614
HOA Dues
$0/mo
Year built
1959
Garage
2 Car
Property Type:
Single Family Home
Status
Leased
MLS#
NP22256140
City
Newport Beach
County
Orange
Time on Site
503 days

Property Details for 309 Coral Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Fireplace(s), Forced Air
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, In Garage
Fireplace Information
  • Has Fireplace
  • Family Room, Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen
  • Flooring: Carpet, Wood
  • Family Room, Great Room, Kitchen, Living Room, Main Floor Bedroom, Separate Family Room
Kitchen Information
  • Has Appliances
  • Built-In Range, Gas Oven, Gas Range, Water Heater
  • Kitchen Open to Family Room, Pots & Pan Drawers
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Beamed Ceilings, Built-in Features, Open Floorplan, Unfurnished
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete, Covered, Patio, Porch, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
  • Has Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 05013223
  • Year Built Source: Public Records
  • Architectural Style: Mid Century Modern
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
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: Over the bridge, right down first alley to Coral turn left. Property will be on right side of street.
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Biking, Fishing, Watersports, Sidewalks
View more facts & features

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Sale History for 309 Coral Ave

Last leased for $7,500 on April 19th, 2023
  • April, 2023

  • Apr 19, 2023

    Date

    Leased

    CRMLS: NP22256140

    $7,500

    Price

  • Dec 15, 2022

    Date

    Active

    CRMLS: NP22256140

    $8,500

    Price

  • April, 2023

  • Apr 16, 2023

    Date

    Leased

    CRMLS: NP22256129

    $3,250

    Price

  • Dec 15, 2022

    Date

    Active

    CRMLS: NP22256129

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Here's your chance to live the Balboa Island lifestyle in this 2 bedroom/1 bath rear house. Perfect configuration with a remodeled bathroom, spacious bedrooms and nice living room space. Lease offers private laundry and street parking. Front house (309 Coral) is also available for lease. Coral Avenue is conveniently located just a short stroll to Marine Avenue.

  • November, 2021

  • Nov 14, 2021

    Date

    Leased

    CRMLS: NP21239786

    $7,500

    Price

  • Nov 2, 2021

    Date

    Active

    CRMLS: NP21239786

    $7,500

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 309 Coral Ave

Assessed Value (2020): $186,375
Year Land Value Improved Value Assessed Value
2020 $109,961 $76,414 $186,375

Home Value Compared to the Market

This property vs the competition

309 Coral Ave has recently been leased 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 $1,506. 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.

About 309 Coral Ave

Detailed summary of property

309 Coral Ave is a single family home that was recently leased in Newport Beach, CA 92662. This house offered 3 bedrooms, 2 bathrooms, roughly 2,000 living square feet, and sits on an approximately 2,614 square foot lot. 309 Coral Ave was first listed on ArdentRealEstateGroup.com on December 15, 2022. The homeowner leased the property for $7,500. While the average home in Newport Beach, CA is selling in 72 days, 309 Coral Ave has a days on market of 112 days. 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. Local homes that are currently for sale include 1003 E Balboa Blvd, 1319 E Balboa Blvd #C and 1320 E Oceanfront. For more information on this home for lease at 309 Coral 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 309 Coral Ave

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
2,510
Lot Size
3,450
Stories
2
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
31
APN
050-132-23

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
$4,949,000
Median List Price/Sq.Ft.
$2,496
Median Sold Price
$5,950,000
Median Sold Price/Sq.Ft.
$2,288
Total Inventory
9
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 309 Coral 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.