609 E Balboa Blvd #A Newport Beach, CA 92661

$500,000 Sold Price as of 05/02/2014

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$500,000 Sold Price as of 05/02/2014 Refinance Your Mortgage

Property Overview: 609 E Balboa Blvd #A Newport Beach, CA has -- bedrooms, -- bathrooms, -- 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

609 E Balboa Blvd #A 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 609 E Balboa Blvd #A

Last sold for $500,000 on May 2nd, 2014

December, 2023
Dec 22, 2023

Date

Expired

CRMLS: WS23112288

$3,300,000

Price
Jul 5, 2023

Date

Active

CRMLS: WS23112288

$3,390,000

Price
Listing provided courtesy of CRMLS

RARE SHORT TERM RENTAL PERMIT. Gorgeous 2 unit building in the heart of Balboa Village on the Peninsula in Newport Beach. The Second floor features a beautifully renovated approximately 1900 SF 3-bed, 3-bath residential condo with stunning upgrades including oak floors, crown molding, skylights and Carrara marble accents throughout the home. The main living space features a chef's kitchen with stainless steel Thermador appliances, an open floor plan living and dining room with a built-in wine fridge and plenty of natural light with the vaulted ceilings and skylights and a balcony overlooking the courtyard. The bedrooms are located towards the rear of the unit with skylights lining the hallway and an in-unit washer & dryer. The primary bedroom features vaulted ceilings, a patio and an ensuite bathroom with an oversized walk in shower and beautiful marble finishes. The First floor includes approx. 1100 SF of commercial space that can be used as retail, office or flex space. Both upper and lower units open into a serene courtyard. Each unit is metered separately for all utilities. 6 covered garage tandem spaces and an EV charger. Fantastic Location; just half a block from the beach, across the street from the Balboa Fun Zone and close the Balboa Pier. Both Residential and Commercial Condo to be sold together. Current leases are month to month. Property has short term rental permit for the upstairs residential unit that is transferable. Amazing Value Add Opportunity!

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May, 2014
May 2, 2014

Date

Sold (Public Records)

Public Records

$500,000

Price
January, 2014
Jan 15, 2014

Date

Sold (Public Records)

Public Records

$880,000

Price

Tax History for 609 E Balboa Blvd #A

Assessed Value (2020): $1,616,089

Year	Land Value	Improved Value	Assessed Value
2020	$1,050,458	$565,631	$1,616,089

About 609 E Balboa Blvd #A

Detailed summary of property

609 E Balboa Blvd #A is categorized with a use code of Commercial (General) in Newport Beach, CA 92661 and last sold on May 2, 2014 for $500,000. This property has -- bedrooms, -- bathrooms, roughly -- 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 86.49% lower than the current median priced home. 609 E Balboa Blvd #A was last sold on May 2, 2014 for $500,000. Local nearby listings include 125 Grand Canal, 2290 Channel Rd and 924 Via Lido Nord. The average home in Newport Beach, CA is selling in 74 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. If you are the homeowner and looking to sell the home at 609 E Balboa Blvd #A 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 609 E Balboa Blvd #A

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: --
Stories: --

Type: Commercial (General)
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 932-160-38

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

Median Sale to List Price %

92.59%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (37.5%)

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