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488 Prospect St, Newport Beach, CA 92663
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488 Prospect St Newport Beach, CA 92663

$1,525,000 Sold Price as of 04/09/2021
  • 3 Beds
  • 2 Baths
  • 1,414 Sq.Ft.
Sold
$1,525,000 Sold Price as of 04/09/2021 Refinance Your Mortgage
Map preview of 488 Prospect St, Newport Beach, CA 92663

Property Overview: 488 Prospect St Newport Beach, CA has 3 bedrooms, 2 bathrooms, 1,414 living square feet and 2,480 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This three bedroom, two bathroom home is located just blocks from one of Newport's finest beaches and in the highly sought after 400 block of Newport Shores. This home features cathedral ceilings, hardwood flooring, a fireplace, an open floor plan, and a private patio ideal for indoor/outdoor entertaining. The kitchen offers granite counters, a breakfast bar, and custom cabinetry. The master suite includes an ensuite bath, vaulted ceiling, and mirrored closets doors. Enjoy beach living as well as the amenities of the Newport Shores Community Association - pool, tennis, clubhouse, BBQ, and play areas.

Listed by Tori Rimlinger | BRE #01512376 | Compass
Last checked: 5 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
2,480
HOA Dues
$46/mo
Year built
1960
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
NP21016607
City
Newport Beach
County
Orange
Time on Site
1207 days

Virtual Tour

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Property Details for 488 Prospect St

Interior Features
Cooling Information
  • Has Cooling
  • Zoned
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Built-In Range
  • Kitchen Open to Family Room, Stone Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Cathedral Ceiling(s), Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Barbecue Private
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Association
  • Enclosed
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Close to Clubhouse
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 04506620
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Newport Shores Community Association
  • Association Fee: $46 (Monthly)
  • Association Amenities: Pool, Barbecue, Picnic Area, Playground, Tennis Court(s), Sport Court
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Underground Utilities
Assessment Information
  • No Assessments
  • Assessments: None
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: Newport Shores (NEWS)
  • Directions: Pacific Coast Highway to Prospect Street
Neighborhood Information
  • Community Features: Biking, Park, Sidewalks
View more facts & features

Local Newport Beach Agent

Sale History for 488 Prospect St

Last sold for $1,525,000 on April 9th, 2021

  • April, 2021

  • Apr 9, 2021

    Date

    Sold

    CRMLS: NP21016607

    $1,525,000

    Price

  • Feb 11, 2021

    Date

    Active Under Contract

    CRMLS: NP21016607

    $1,525,000

    Price

  • Jan 31, 2021

    Date

    Active

    CRMLS: NP21016607

    $1,525,000

    Price

  • Jan 26, 2021

    Date

    Coming Soon

    CRMLS: NP21016607

    $1,525,000

    Price

  • February, 2001

  • Feb 16, 2001

    Date

    Sold (Public Records)

    Public Records

    $383,500

    Price

  • February, 1995

  • Feb 17, 1995

    Date

    Sold (Public Records)

    Public Records

    $44,000

    Price

Show More

Tax History for 488 Prospect St

Assessed Value (2020): $523,205
Year Land Value Improved Value Assessed Value
2020 $446,208 $76,997 $523,205

Home Value Compared to the Market

This property vs the competition

488 Prospect St sold on April 9, 2021 for 58.78% 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 $1078.5 per/sqft which puts the price per square foot 20.7% lower than the current median sale per square foot for the city of Newport Beach.

About 488 Prospect St

Detailed summary of property

488 Prospect St is a single family home that recently sold in Newport Beach, CA 92663. This house offered 3 bedrooms, 2 bathrooms, roughly 1,414 living square feet, and sits on an approximately 2,480 square foot lot. 488 Prospect St was first listed on ArdentRealEstateGroup.com on January 27, 2021. The homeowner sold the property for $1,525,000. 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 58.78% lower than the current median priced home. Local homes that are currently for sale include 2171 Pomona Ave, 2177 Pomona Ave and 10201 Beverly Dr. This home does have a Homeowners Association and the monthly fee is $46 per month. While the average home in Newport Beach, CA is selling in 73 days, 488 Prospect St has a days on market of 11 days. There are currently 293 homes for sale in the Newport Beach real estate market and 219 of them are single family homes while 63 of them are condos and 11 are townhomes. For more information on this home for sale at 488 Prospect 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 488 Prospect St

Public county record property details
Beds
3
Baths
2
Year built
1960
Sq. Ft.
1,199
Lot Size
2,480
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
21
APN
045-066-20

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
$4,395,000
Median List Price/Sq.Ft.
$1,546
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
92
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%)

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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