5509 River Ave, Newport Beach, CA 92663
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5509 River Ave Newport Beach, CA 92663

$2,518,000 Sold Price as of 06/15/2021
  • 3 Beds
  • 3.5 Baths
  • 1,774 Sq.Ft.
Sold
$2,518,000 Sold Price as of 06/15/2021 Refinance Your Mortgage

Map preview of 5509 River Ave, Newport Beach, CA 92663

Property Overview: 5509 River Ave Newport Beach, CA has 3 bedrooms, 3.5 bathrooms, 1,774 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the most popular beach community in Newport! Elegant home. Outdoor living area on all levels! Two houses from the beach. Walking and biking distance to all West Newport, parks, Tennis court, basketball court, Beautiful trails sounding the property. Fully enclosed outdoor shower. Corner ocean view from upstairs patio. Close to parks, shops, restaurantsThe Bright and specious first level of the home includes a main floor bedroom and full bath.Second floor chefs kitchen with top of the line appliances including Wolf 6-burner stove, Subzero built in Refrigerator. Spacious dining area, family room and patio. New upgraded waterproof floor. Luxury, Private master suite on third floor. New carpet in second and third floor bedrooms. Spa-like bathroom and walk-in closets. Attached two-car garage with new epoxy floor,Dual tankless water heaters.

Listed by Jing Ren | BRE #01985244 | Coldwell Banker Realty
Last checked: 8 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
--
HOA Dues
$160/mo
Year built
2016
Garage
2 Car
Property Type:
Condominium
Status
Sold
MLS#
21733804
City
Newport Beach
County
Orange
Time on Site
1088 days

Virtual Tour

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Property Details for 5509 River Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Upper Level
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Carpet, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Gas Oven
  • Granite Counters, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 1
  • # of Baths (1/4): 1
  • # of Baths (3/4): 0
Interior Features
  • Furnished
  • Levels: Three Or More
  • Security Features: Smoke Detector(s), Fire and Smoke Detection System, Carbon Monoxide Detector(s)
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • View: Catalina, Coastline, Courtyard
  • Parcel Number: 93061518
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Entry Level: 1
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $160 (Monthly)
  • Association Amenities: Hiking Trails, Tennis Court(s), Other Courts
Location / Neighborhood
Location Information
  • Directions: Take Balbo Blvd then turn right on River Ave and drive to the end of the street
View more facts & features

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Sale History for 5509 River Ave

Last sold for $2,518,000 on June 15th, 2021
  • June, 2021

  • Jun 16, 2021

    Date

    Sold

    CRMLS: 21733804

    $2,518,000

    Price

  • Jun 9, 2021

    Date

    Pending

    CRMLS: 21733804

    $2,300,000

    Price

  • Jun 1, 2021

    Date

    Active Under Contract

    CRMLS: 21733804

    $2,300,000

    Price

  • May 19, 2021

    Date

    Active

    CRMLS: 21733804

    $2,300,000

    Price

  • August, 2017

  • Aug 30, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,775,500

    Price

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Tax History for 5509 River Ave

Assessed Value (2020): $1,846,789
Year Land Value Improved Value Assessed Value
2020 $1,428,359 $418,430 $1,846,789

Home Value Compared to the Market

This property vs the competition

5509 River Ave sold on June 15, 2021 for 37.84% 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 $1296.51 per/sqft which puts the price per square foot 4.67% lower than the current median sale per square foot for the city of Newport Beach.

About 5509 River Ave

Detailed summary of property

5509 River Ave is a condominium that recently sold in Newport Beach, CA 92663. This condo offered 3 bedrooms, 3.5 bathrooms, roughly 1,774 living square feet, and sits on an approximately -- square foot lot. 5509 River Ave was first listed on ArdentRealEstateGroup.com on May 19, 2021. The homeowner sold the property for $2,518,000. 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 37.84% lower than the current median priced home. Local homes that are currently for sale include 493 Ogle St, 21192 Spurney Ln and 1959 Orange Ave. This home does have a Homeowners Association and the monthly fee is $160 per month. While the average home in Newport Beach, CA is selling in 73 days, 5509 River Ave has a days on market of 14 days. There are currently 283 homes for sale in the Newport Beach real estate market and 213 of them are single family homes while 58 of them are condos and 12 are townhomes. For more information on this home for sale at 5509 River Ave 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 5509 River Ave

Public county record property details
Beds
3
Baths
3
Year built
2016
Sq. Ft.
1,774
Lot Size
--
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Orange
Lot#
--
APN
930-615-18

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.
$1,557
Median Sold Price
$3,700,000
Median Sold Price/Sq.Ft.
$1,494
Total Inventory
91
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 5509 River 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.