5025 River Ave #2 Newport Beach, CA 92663

$1,195,000 Sold Price as of 09/14/2018

4 Beds
3 Baths
1,814 Sq.Ft.

Off Market

$1,195,000 Sold Price as of 09/14/2018 Refinance Your Mortgage

Map preview of 5025 River Ave #2, Newport Beach, CA 92663

Property Overview: 5025 River Ave #2 Newport Beach, CA has 4 bedrooms, 3 bathrooms, 1,814 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5025 River Ave #2 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 $4,298,800. 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 $859,760 for the down payment and will need roughly $85,976 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 5025 River Ave #2

Last sold for $1,195,000 on September 14th, 2018

September, 2018
Sep 17, 2018

Date

Sold

CRMLS: NP18157412

$1,195,000

Price
Sep 10, 2018

Date

Pending

CRMLS: NP18157412

$1,195,000

Price
Aug 29, 2018

Date

Active Under Contract

CRMLS: NP18157412

$1,195,000

Price
Aug 26, 2018

Date

Hold

CRMLS: NP18157412

$1,195,000

Price
Aug 3, 2018

Date

Price Change

CRMLS: NP18157412

$1,195,000

Price
Jul 11, 2018

Date

Active

CRMLS: NP18157412

$1,250,000

Price
Listing provided courtesy of CRMLS

PRICE REDUCED and we are now the lowest priced condo on the Newport Beach Peninsula. This remodeled upstairs condo features three bedrooms, three bathrooms, two patios, a rooftop deck with ocean views and approximately 2000 sqft of living space. Offering two full kitchens, both feature stainless steel appliances, stunning granite countertops and designer cabinetry. Beach friendly travertine floors in the kitchen and living area complete this perfect weekend getaway and or fabulous dual rental opportunity. Unique to this property is a one car garage and oversized carport that can fit up to two cars, a luxury at the beach! 5025 River is located one block to Newport's best beaches and surf spots and just a short bike ride to world-class restaurants. Currently leased as a two bedroom two bath and a one bedroom one bath. Both units are on month to month agreement and below market value.

Continue Reading
September, 2018
Sep 17, 2018

Date

Sold

CRMLS: NP18168864

$1,195,000

Price
Sep 10, 2018

Date

Pending

CRMLS: NP18168864

$1,195,000

Price
Aug 29, 2018

Date

Active Under Contract

CRMLS: NP18168864

$1,195,000

Price
Aug 27, 2018

Date

Hold

CRMLS: NP18168864

$1,195,000

Price
Aug 3, 2018

Date

Price Change

CRMLS: NP18168864

$1,195,000

Price
Jul 13, 2018

Date

Active

CRMLS: NP18168864

$1,250,000

Price
Listing provided courtesy of CRMLS

PRICE REDUCED and we are now the lowest priced condo on the Newport Beach Peninsula. This remodeled upstairs condo features three bedrooms, three bathrooms, two patios, a rooftop deck with ocean views and approximately 2000 sqft of living space. Offering two full kitchens, both feature stainless steel appliances, stunning granite countertops and designer cabinetry. Beach friendly travertine floors in the kitchen and living area complete this perfect weekend getaway and or fabulous dual rental opportunity. Unique to this property is a one car garage and oversized carport that can fit up to two cars, a luxury at the beach! 5025 River is located one block to Newport's best beaches and surf spots and just a short bike ride to world-class restaurants. Currently leased as a two bedroom two bath and a one bedroom one bath. Both units are on month to month agreement and below market value.

Continue Reading
September, 2018
Sep 14, 2018

Date

Sold (Public Records)

Public Records

$1,195,000

Price
September, 2018
Sep 14, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5025 River Ave #2

Assessed Value (2020): $1,218,900

Year	Land Value	Improved Value	Assessed Value
2020	$1,126,887	$92,013	$1,218,900

About 5025 River Ave #2

Detailed summary of property

5025 River Ave #2 is a condominium in Newport Beach, CA 92663 and last sold on September 14, 2018 for $1,195,000. This condo has 4 bedrooms, 3 bathrooms, roughly 1,814 living square feet, and sits on an approximately -- 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 67.7% lower than the current median priced home. 5025 River Ave #2 was last sold on September 14, 2018 for $1,195,000. Local nearby listings include 500 Cagney Ln #106, 3810 River Ave and 280 Cagney Lane #303. The average home in Newport Beach, CA is selling in 73 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. If you are the homeowner and looking to sell the home at 5025 River Ave #2 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 5025 River Ave #2

Public county record property details

Beds: 4
Baths: 3
Year built: 1965
Sq. Ft.: 1,814
Lot Size: --
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 930-614-55

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

Median Sale to List Price %

105.87%

Avg Days on Market

Loan Type

Conventional (17.65%), FHA (0%), VA (0%), Cash (47.06%), Other (35.29%)

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