NOT LISTED FOR SALE

223 Ruby Ave Newport Beach, CA 92662

Balboa Island Neighborhood
4 Beds
3 Baths
1,881 Sq Ft
2,614 Sq Ft Lot

Last Sold March 03, 2015

Last sale price $1,665,000 $885 Per Sq Ft

98 Days on Market

Highlights

  • Marina
  • Home fronts a seawall
  • Bay View
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • 5-minute walk to Balboa Island Park

About This Home

As of March 2015

Premier center island location on wide, quiet street just one block from bay & prized Ruby Beach. Balboa Island cottage home close to ferry, beach access, uptown, shopping, dining, Fashion Island & more! Front house is a 2 bedroom, 2 bath home with beamed ceiling & hardwood floors in livingroom & step down dining room. Updated Dutch front & breezeway doors. Sunny front patio with sliding glass entry to dining room. Apartment is 2 bedroom, 1 bath (not over front unit) with access from breezeway. 2-car garage with extra room (approx 10' x 12' - not included in square footage) for office, guests or 'man cave'. Garage includes laundry room & additional storage/hobby room and plenty of built in storage. Wonderful property for investor, builder, vacation home or owner. Property has been in family almost 50 years (2nd owner). Don't miss this prized location with light traffic near the end of Balboa St. and yet, close to everything. Seller states this site is the actual center of Balboa Island - buyer to verify and satisfy themselves.

Last Agent to Sell the Property

Beth Ann Taylor

Crane Real Estate License #01260335 Listed on: 10/12/2014

Co-Listed By

Thomas C. Santoro

Crane Real Estate License #00794403

Last Buyer's Agent

Mary Hardesty

Mary Hardesty Realty License #00396726

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 2,614 Sq Ft Lot
  • Home fronts a seawall
  • Property fronts an alley
  • No Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Cottage
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,881 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Jalousie or louvered window
  • Shutters
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Carpet
  • Bay Views
  • Attic

Kitchen

  • Double Oven
  • Gas Oven
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Sewer Paid

Additional Features

  • Grab Bar In Bathroom
  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 26 / 11
  • Tax Tract Number 101
  • Assessor Parcel Number 05009124

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Marina
  • Fishing

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,898
  • New Taxes Expense $18,724
  • Gross Income $4,200
  • Net Operating Income $31,178

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Unit refrigerators and laundry room washer & dryer (no warranty or guarantees)
  • Other Phone Description: 949-540-5142
  • Other Phone Number: 949-540-5142
  • 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
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 05009124
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Gas, Gas Starter, Living Room
  • Levels: Two
  • Price Per Square Foot: 885.17
  • Room Type: Attic, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Blinds, Jalousies/Louvered, Screens, Shutters

Exterior Features

  • View: Bay
  • Pool Private: No
  • Roof: Flat, Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Electric Range, Disposal, Gas Oven
  • Heating Type: Forced Air, Radiant
  • Laundry Features: Common Area, In Garage, Individual Room, Outside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Level, Rectangular Lot, Level with Street, Paved, Park Nearby
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 2898.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2614.0000 Square Feet
  • Net Operating Income: 31178.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 21622.00
  • Rent Control: No
  • Total Actual Rent: 4200.00
  • Waterfront Features: Fishing in Community, Marina in Community, Seawall

Tax Info

  • New Taxes Expense: 18724.00
  • Tax Block: 11
  • Tax Lot: 26
  • Tax Rate: 1.05
  • Tax Tract Number: 101
  • Tax Year: 2013

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2015 03/03/15 Sold $1,665,000 -4.3% $885 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
10/12/2014 10/12/14 For Sale $1,739,900 -- $925 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Beth Ann Taylor

    Crane Real Estate

  • Thomas C. Santoro

    Seller Co-Listing Agent in 2015

    Thomas C. Santoro

    Crane Real Estate

    (714) 457-3436

    89 Total Sales

    Thomas C. Santoro
    Section Image
  • Mary Hardesty

    Buyer's Agent in 2015

    Mary Hardesty

    Mary Hardesty Realty

    (949) 675-3612

    9 in this area

    18 Total Sales

    Mary Hardesty
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14220115

California Regional Multiple Listing Service (CRMLS)

APN: 050-091-24

California Orange County Newport Beach 92662 Balboa Island

223 Ruby Ave, Newport Beach, CA

This home is located at 223 Ruby Ave, Newport Beach, CA 92662 since 12 October 2014. This property was built in 1935. 223 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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