NOT LISTED FOR SALE

114 Ruby Ave Newport Beach, CA 92662

Balboa Island Neighborhood

Estimated Value: $3,726,000 - $5,175,000

4 Beds
2 Baths
1,620 Sq Ft
$2,761/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $2,200,000 $1,358 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $27,206/month

185 Days on Market

Highlights

  • Marina
  • Beach Access
  • Ocean Side of Highway 1
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • 5-minute walk to Balboa Island Park

About This Home

As of January 2017

JUST REDUCED $ 100,000-- FANTASTIC LOCATION--Adorable 4 bedroom, 2 bath Balboa Island 2 Story "Story Book" Cottage- huge front patio surrounded by lush plants & trees for the perfect entertaining area. This colorful, bright home has an abundance of light & cottage charm, walls of windows & creative wood ceilings. A bright dutch door opens to the varied colors of the living room with fireplace, wood flooring, built in bookcases & cabinets, numerous bright, colorful glass light fixtures illuminating dining area. Kitchen with new appliances & creative pass thru to the dining area. Downstairs bathroom with shower & laundry room. Large creative opening glass window on stairs & swinging gates at the top of the stairs. There are 4 bedrooms upstairs--each unique & with numerous uses. One of the front bedrooms, could be used as a cozy family room. Master bedroom is bright & cheerful with windows with shutters, built in closet & drawers. 3rd bedroom is towards the back of the cottage & the 4th bedroom would make a great office. Upstairs bathroom with dual sinks & a large shower.
Hallway has build in cabinets & storage. 1 car garage + 1 more offstreet parking space- Located 4 doors to S. Bayfront & sandy Ruby St. Beach-Fantastic Cottage in Great Location

Last Agent to Sell the Property

Alice Brownell

Arbor Real Estate License #00796853 Listed on: 04/28/2016

Arbor Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,012

Year Built

  • Built in 1934

Lot Details

  • 2,550 Sq Ft Lot
  • Lot Dimensions are 85' x 30'
  • Property fronts an alley
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R1.5

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Peek-A-Boo
  • Courtyard

Home Design

  • Custom Home
  • Cottage
  • Bungalow

Interior Spaces

  • 1,620 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Blinds
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Free-Standing Range
  • Ceramic Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Open Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 23 / 2
  • Tax Tract Number 100
  • Assessor Parcel Number 05010207

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,012

Year Built

Built in 1934

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: washer/dryer
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R1.5
  • Architectural Style: Bungalow, Cottage, Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05010207
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1620.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Tile Counters
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1358.02
  • Room Type: All Bedrooms Up, Living Room
  • Window Features: Blinds, Shutters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Peek-A-Boo
  • Patio And Porch Features: Brick, Concrete, Patio, Patio Open, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Refrigerator
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Paved
  • Lot Size: 85' x 30'
  • Lot Size Sq Ft: 2550.00
  • Price Per Lot Square Foot: 931.37

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Access, Fishing in Community, Marina in Community, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 2
  • Tax Lot: 23
  • Tax Tract Number: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Lisa And Onesimo J Balelo Family Trust
Bought by
Lisa And Onesimo J Balelo Family Trust
Current Estimated Value
$4,473,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2016
Sold by
Raike Lawrence J and Raike Debora Schall
Bought by
Balelo Onesimo J and Balelo Lisa M Valvo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,487,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 14, 2009
Sold by
Raike Lawrence J and Raike Debora Schall
Bought by
Raike Lawrence J and Raike Debora Schall

Purchase Details

Closed on
Aug 14, 2002
Sold by
Paul Philip S and Elaine Paul R
Bought by
Raike Lawrence J and Raike Debora S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.24%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Mary Cunningham Patricia
Bought by
Paul Philip S and Elaine Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.75%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lisa And Onesimo J Balelo Family Trust -- Equity Title Los Angeles
Balelo Onesimo J $2,200,000 First American Title Company
Raike Lawrence J -- None Available
Raike Lawrence J -- None Available
Raike Lawrence J $1,300,000 Stewart Title
Paul Philip S $780,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balelo Onesimo J $1,487,500
Closed Balelo Onesimo J $1,487,500
Closed Lisa And Onesimo J Balelo Family Trust $1,487,500
Previous Owner Balelo Onesimo J $1,487,500
Previous Owner Raike Lawrence J $417,000
Previous Owner Raike Lawrence J $800,000
Previous Owner Raike Lawrence J $800,000
Previous Owner Paul Philip S $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2017 01/03/17 Sold $2,200,000 -7.4% $1,358 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
09/05/2016 09/05/16 Price Changed $2,375,000 -4.0% $1,466 / Sq Ft
06/13/2016 06/13/16 Price Changed $2,475,000 -3.9% $1,528 / Sq Ft
04/28/2016 04/28/16 For Sale $2,575,000 -- $1,590 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30,012 $2,814,943 $2,435,461 $379,482
2023 $29,311 $2,759,749 $2,387,707 $372,042
2022 $28,826 $2,705,637 $2,340,889 $364,748
2021 $28,273 $2,652,586 $2,294,989 $357,597
2020 $28,002 $2,625,387 $2,271,456 $353,931
2019 $27,420 $2,573,909 $2,226,917 $346,992
2018 $24,566 $2,303,850 $2,183,252 $120,598
2017 $17,431 $1,622,316 $1,563,508 $58,808
2016 $17,041 $1,590,506 $1,532,851 $57,655
2015 $16,880 $1,566,616 $1,509,827 $56,789
2014 $16,482 $1,535,929 $1,480,252 $55,677
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alice Brownell

    Arbor Real Estate

    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,772 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16089753

California Regional Multiple Listing Service (CRMLS)

APN: 050-102-07

California Orange County Newport Beach 92662 Balboa Island

114 Ruby Ave, Newport Beach, CA

This home is located at 114 Ruby Ave, Newport Beach, CA 92662 since 28 April 2016 and is currently estimated at $4,473,215, approximately $2,761 per square foot. This property was built in 1934. 114 Ruby Ave is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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