3614 Park Ln, Newport Beach, CA 92663
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3614 Park Ln Newport Beach, CA 92663

$1,550,000 Sold Price as of 08/05/2021
  • 2 Beds
  • 1 Baths
  • 726 Sq.Ft.
Sold
$1,550,000 Sold Price as of 08/05/2021 Refinance Your Mortgage

Map preview of 3614 Park Ln, Newport Beach, CA 92663

Property Overview: 3614 Park Ln Newport Beach, CA has 2 bedrooms, 1 bathrooms, 726 living square feet and 2,334 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention Builders - Excellent Central Balboa Peninsula Location, on low-traffic street. Easy access on and off the peninsula via PCH and Newport Blvd. A fantastic opportunity for an investor, builder, or end user to lock up one of the better lots in West Newport (2334 sqft). One block away from the beach, one house from the canals surrounding Newport Island, and a short walk away from some of the best restaurants in the area, this 2 bed 1 bath vintage beach cottage includes interior features like a galley kitchen, fireplace, and laundry inside the space. Sizeable driveway with a single car garage included in the layout. The property is being sold “as is” and is currently occupied by tenants paying $3500 a month in rent. The lease in place is month to month allowing flexibility for any purchaser. Be a part of the Balboa Peninsula revival at a lot-value price point.

Listed by Arthur Dorr | BRE #01899740 | Balboa Realty
Co-listed by Alex Batley | BRE #01897014 | Balboa Realty
Last checked: 13 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 25

Home details

Lot Sq. Ft
2,334
HOA Dues
$0/mo
Year built
1910
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP21124835
City
Newport Beach
County
Orange
Time on Site
1059 days

Property Details for 3614 Park Ln

Interior Features
Cooling Information
  • Has Cooling
  • Zoned, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Flooring: Vinyl
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Refrigerator
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway - Combination, Garage
  • No Attached Garage
Lot Information
  • Lot Features: Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 42336210
  • Year Built Source: Public Records
  • Foundation Details: Raised
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • Elementary School: Newport
  • Elementary School: NEWPOR
  • Middle/Junior High School: Ensign
  • Middle/Junior High School: ENSIGN
  • High School: Newport Harbor
  • High School: NEWHAR
  • High School District: Newport Mesa Unified
Location / Neighborhood
Location Information
  • Subdivision Name: West Newport Beach (WSNB)
  • Directions: Park Lane is right next to the Basketball Courts and Playground off Balboa Blvd. and 38th St.
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Urban
View more facts & features

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Sale History for 3614 Park Ln

Last sold for $1,550,000 on August 5th, 2021
  • August, 2021

  • Aug 6, 2021

    Date

    Sold

    CRMLS: NP21124835

    $1,550,000

    Price

  • Jul 26, 2021

    Date

    Pending

    CRMLS: NP21124835

    $1,500,000

    Price

  • Jul 8, 2021

    Date

    Active Under Contract

    CRMLS: NP21124835

    $1,500,000

    Price

  • Jun 30, 2021

    Date

    Active

    CRMLS: NP21124835

    $1,500,000

    Price

  • Jun 17, 2021

    Date

    Active Under Contract

    CRMLS: NP21124835

    $1,500,000

    Price

  • Jun 10, 2021

    Date

    Active

    CRMLS: NP21124835

    $1,500,000

    Price

Tax History for 3614 Park Ln

Assessed Value (2020): $272,528
Year Land Value Improved Value Assessed Value
2020 $261,465 $11,063 $272,528

Home Value Compared to the Market

This property vs the competition

3614 Park Ln sold on August 5, 2021 for 59.46% 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 $2066.12 per/sqft which puts the price per square foot 51.92% higher than the current median sale per square foot for the city of Newport Beach.

About 3614 Park Ln

Detailed summary of property

3614 Park Ln is a single family home that recently sold in Newport Beach, CA 92663. This house offered 2 bedrooms, 1 bathrooms, roughly 726 living square feet, and sits on an approximately 2,334 square foot lot. 3614 Park Ln was first listed on ArdentRealEstateGroup.com on June 10, 2021. The homeowner sold the property for $1,550,000. 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 59.46% lower than the current median priced home. Local homes that are currently for sale include 2177 Pomona Ave, 361 Bayside Court and 2190 Pacific Ave. While the average home in Newport Beach, CA is selling in 74 days, 3614 Park Ln has a days on market of 25 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 3614 Park Ln 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 3614 Park Ln

Public county record property details
Beds
2
Baths
1
Year built
1910
Sq. Ft.
726
Lot Size
2,334
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
6
APN
423-362-10

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
$4,299,000
Median List Price/Sq.Ft.
$1,509
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
86
Median Sale to List Price %
105.87%
Avg Days on Market
21
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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Related Resources to 3614 Park Ln

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.