NOT LISTED FOR SALE
5 Beds
4 Baths
2,135 Sq Ft
2,614 Sq Ft Lot

Last Sold November 28, 2023

Last sale price $3,170,000 $1,485 Per Sq Ft

14 Days on Market

Highlights

  • Fishing
  • Fireplace in Kitchen
  • No HOA
  • Abraham Lincoln Elementary School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Balboa Island Park

About This Home

As of November 2023

225 Ruby is the quintessential Balboa Island cottage. Discover the perfect blend of tranquility and convenience on Ruby Street, where a central location offers both serene streetscapes and easy access to Main Street and the Ferry within minutes. As a duplex, this property includes a 4 bed, 3 bath main house and a 1 bed, 1 bath apartment that is attached to the main house. The main house is full of charm and originality with its two-way brick fireplace, beautiful white kitchen with tiled countertops and custom cabinetry, and secondary living room with direct access to the side yard. All three bedrooms reside upstairs each with ceiling fans and tons of natural lighting. The attached 1 bedroom apartment has been fully remodeled and upgraded to include all the necessary luxuries: brand-new hardwood flooring, beautifully remodeled kitchen with custom countertops and upgraded appliances, and a private balcony so you never miss a sunset. Balboa Island is a charming and affluent residential neighborhood and a popular tourist destination located in Newport Beach. It consists of three islands: the main island, Little Balboa Island, and Collins Island. The island is known for its picturesque streets, stunning waterfront homes, and a unique village atmosphere.

Last Agent to Sell the Property

Drew Teicheira

Harcourts Place License #02030547 Listed on: 10/06/2023

Harcourts Place

Last Buyer's Agent

Breanna LePante

Douglas Elliman Of California License #01919560

Douglas Elliman Of California

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 2,614 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,135 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 25 / 11
  • Tax Tract Number 101
  • Assessor Parcel Number 05009125
  • $513 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Balboa Island Main Island Subdivision

Recreation

  • Fishing
  • Dog Park
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Balboa Island - Main Island (BALM)
  • View: Yes
  • Zoning: R-1.5
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05009125
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2135.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Kitchen, Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1484.78
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 630.06
  • Tax Lot: 25
  • Tax Tract Number: 101
  • TaxOtherAnnualAssessmentAmount: 513.00
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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 List to Sale Price per Sq Ft Prior Sale
11/28/2023 11/28/23 Sold $3,170,000 -2.5% $1,485 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $3,250,000 +18.2% $1,522 / Sq Ft
08/15/2021 08/15/21 Sold $2,750,000 -1.6% $1,288 / Sq Ft View Prior Sale
06/25/2021 06/25/21 Price Changed $2,795,000 -2.8% $1,309 / Sq Ft
05/15/2021 05/15/21 For Sale $2,875,000 -- $1,347 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $36,479 $3,233,400 $3,083,322 $150,078
2024 $36,479 $3,170,000 $3,022,864 $147,136
2023 $32,491 $2,805,000 $2,667,736 $137,264
2022 $29,436 $2,750,000 $2,615,427 $134,573
2021 $11,452 $1,040,291 $850,233 $190,058
2020 $11,268 $1,029,625 $841,515 $188,110
2019 $11,040 $1,009,437 $825,015 $184,422
2018 $10,821 $989,645 $808,839 $180,806
2017 $10,630 $970,241 $792,980 $177,261
2016 $10,393 $951,217 $777,431 $173,786
2015 $10,292 $936,929 $765,753 $171,176
2014 $10,050 $918,576 $750,753 $167,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23185580

California Regional Multiple Listing Service (CRMLS)

APN: 050-091-25