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312 Montero St, Newport Beach, CA 92661
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312 Montero St Newport Beach, CA 92661

$2,800,000 Sold Price as of 07/29/2020
  • 6 Beds
  • 5 Baths
  • 3,188 Sq.Ft.
Sold
$2,800,000 Sold Price as of 07/29/2020 Refinance Your Mortgage
Map preview of 312 Montero St, Newport Beach, CA 92661

Property Overview: 312 Montero St Newport Beach, CA has 6 bedrooms, 5 bathrooms, 3,188 living square feet and 2,997 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pro Forma Front Unit Rent: $90,000 per year. Rear Unit Pro Forma Rent $42,000 per year. Fully remodeled and steel reinforced in 2020!!! 4 CAR GARAGE!!! FRONT UNIT VIRTUAL TOUR https://my.matterport.com/show/?m=nfDDameaMCK&brand=0. BACK UNIT VIRTUAL TOUR https://my.matterport.com/show/?m=fUaWWXw2rFb&brand=0. EASY TO SHOW! METICULOUSLY RE-IMAGINED DUPLEX WITH 4 CAR GARAGE ON ONE OF THE MOST BEAUTIFUL, WIDE STREETS IN THE CENTER OF THE PENINSULA! STEPS TO THE BAY AND OCEAN. Recently remodeled, this beautiful Cape Cod Duplex has been outfitted with the finest beach chic finishes such as: wide plank wire brushed european hardwood flooring, custom wall to ceiling baton board wainscoting, oversized kitchen with an 8' island, boasting commercial grade Wolf and KitchenAid appliances, custom backsplash, pendent lights, Shiplap wall features, custom bathrooms and a wide open floor plan. Sitting on an oversized lot, 30x99, which provides views of the bay from the front balcony and rooftop deck! This property features 4 bedrooms 3.5 baths in the front unit and 2 bedrooms 1 bath in the back unit. Both units are equally as beautiful. This property is a must see!

Listed by Philip Tripoli | BRE #01400352 | Ardor Homes
Co-listed by Steve Schroer | BRE #01745097 | Ardor Homes
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 104

Home details

Lot Sq. Ft
2,997
HOA Dues
$0/mo
Year built
1924
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
OC20050916
City
Newport Beach
County
Orange
Time on Site
1381 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
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
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 312 Montero St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Individual Room, Inside, Upper Level
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Wood
  • Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Freezer, Disposal, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
Interior Features
  • Built-in Features, Crown Molding, Open Floorplan, Recessed Lighting, Wainscoting
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 04806111
  • Year Built Source: Assessor
  • Architectural Style: Cape Cod
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Balboa Peninsula (Residential) (BALP)
  • Directions: Balboa Blvd. to Coronado to Montero
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 312 Montero St

Last sold for $2,800,000 on July 29th, 2020

  • July, 2020

  • Jul 31, 2020

    Date

    Sold

    CRMLS: OC20050916

    $2,800,000

    Price

  • Jun 20, 2020

    Date

    Active Under Contract

    CRMLS: OC20050916

    $2,895,000

    Price

  • Jun 16, 2020

    Date

    Price Change

    CRMLS: OC20050916

    $2,895,000

    Price

  • May 12, 2020

    Date

    Price Change

    CRMLS: OC20050916

    $2,995,000

    Price

  • Mar 7, 2020

    Date

    Active

    CRMLS: OC20050916

    $3,199,000

    Price

  • July, 2020

  • Jul 31, 2020

    Date

    Sold

    CRMLS: OC20049713

    $2,800,000

    Price

  • Jun 20, 2020

    Date

    Active Under Contract

    CRMLS: OC20049713

    $2,895,000

    Price

  • Jun 16, 2020

    Date

    Price Change

    CRMLS: OC20049713

    $2,895,000

    Price

  • May 12, 2020

    Date

    Price Change

    CRMLS: OC20049713

    $2,995,000

    Price

  • Mar 6, 2020

    Date

    Active

    CRMLS: OC20049713

    $3,199,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2019

  • Apr 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,766,000

    Price

  • October, 1993

  • Oct 1, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 312 Montero St

Assessed Value (2020): $341,956
Year Land Value Improved Value Assessed Value
2020 $61,552 $280,404 $341,956

Home Value Compared to the Market

This property vs the competition

312 Montero St sold on July 29, 2020 for 21.76% 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 $908.09 per/sqft which puts the price per square foot 33.23% lower than the current median sale per square foot for the city of Newport Beach.

About 312 Montero St

Detailed summary of property

312 Montero St is a duplex that recently sold in Newport Beach, CA 92661. This duplex offered 6 bedrooms, 5 bathrooms, roughly 3,188 living square feet, and sits on an approximately 2,997 square foot lot. 312 Montero St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $2,800,000. 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 21.76% lower than the current median priced home. Local homes that are currently for sale include 734 Center St, 353 Hamilton St and 205 Huntington St. While the average home in Newport Beach, CA is selling in 74 days, 312 Montero St has a days on market of 104 days. There are currently 269 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 55 of them are condos and 13 are townhomes. For more information on this home for sale at 312 Montero St 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 312 Montero St

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
1,168
Lot Size
2,646
Stories
2
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
13
APN
048-061-11

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.
$2,241
Median Sold Price
$4,625,000
Median Sold Price/Sq.Ft.
$1,741
Total Inventory
45
Median Sale to List Price %
92.59%
Avg Days on Market
69
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

Thinking of Selling?

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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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