318 Ruby Ave Newport Beach, CA 92662
Balboa Island NeighborhoodEstimated Value: $5,038,846 - $6,297,000
3
Beds
4.5
Baths
2,335
Sq Ft
$2,435/Sq Ft
Est. Value
Highlights
- Beach Access
- Newly Remodeled
- Primary Bedroom Suite
- Abraham Lincoln Elementary School Rated A
- Bay View
- Open Floorplan
About This Home
As of August 2015Exquisite brand new 3-story, Nantucket custom home located on one of Balboa Island's most prestigious and coveted streets, perfect for entertaining. Quality built by Devco Homes. Projected completion date by Summer 2015. Panoramic views of Newport Coast, Fashion Island, North Bay, and the Pavilion. Peaceful and inviting location, steps away from a play beach. Chef's gourmet kitchen includes an over-sized island with seating, 48" Wolfe dual fuel stove, Sub-Zero refrigerator, honed marble countertops, and separate wine refrigerator. Family room features re-claimed wood beams and fireplace.
The second level includes an additional family/bonus room, two bedrooms complete with built-ins, and a tranquil master suite with a large walk-in closet and fireplace. Luxurious bath and laundry room. French doors open into an outside covered balcony. Three-story elevator can conveniently transport you and your guests to the private, over-sized roof deck with built-in seating and outdoor kitchenette. Additional amenities: 7" French white oak hardwood floor, Walker Zanger tile and stone, and extra covered side parking. A Nantucket architectural "gem" not to be missed.
Last Agent to Sell the Property
Holly Deverian
Keller Williams Newport Estates License #01949181 Listed on: 06/09/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $41,547
Year Built
- Built in 2015 | Newly Remodeled
Lot Details
- 2,550 Sq Ft Lot
- Property fronts an alley
- Property is zoned R1.5
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
Property Views
- Bay
- Panoramic
- City Lights
Home Design
- Cape Cod Architecture
- Slab Foundation
- Composition Roof
- Asphalt Roof
- Wood Siding
- Vertical Siding
- Shingle Siding
Interior Spaces
- 2,335 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Built-In Features
- Crown Molding
- Beamed Ceilings
- Ceiling Fan
- Double Pane Windows
- French Doors
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Laundry Room
Kitchen
- Kitchenette
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire Sprinkler System
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Beach Access
- Balcony
- Exterior Lighting
- Outdoor Grill
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- High-Efficiency Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 10 / 13
- Assessor Parcel Number 05008232
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2015
Closed on
Jul 15, 2015
Sold by
Kinosian Aram
Bought by
Gilmour Deborah Pollard and Deborah Pollard Gilmour Trust
Seller's Agent
Holly Deverian
Keller Williams Newport Estates
Buyer's Agent
Arthur Jeppe
Compass
List Price
$3,495,000
Sold Price
$3,390,000
Premium/Discount to List
-$105,000
-3%
Total Days on Market
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,296,212
Avg. Annual Appreciation
4.35%
Purchase Details
Closed on
Oct 1, 2013
Sold by
Kinosian Sheila J
Bought by
Kinosian Aram
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Interest Rate
4.27%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 30, 2008
Sold by
Barden Ruth S
Bought by
Barden Ruth and The Ruth Barden Living Trust
Purchase Details
Closed on
Aug 14, 1996
Sold by
Barden Ruth S
Bought by
Barden Ruth S and The Ruth Barden Living Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gilmour Deborah Pollard | $3,370,000 | First American Title Company | |
| Kinosian Aram | -- | First American Title Company | |
| Kinosian Aram | $1,525,000 | First American Title Company | |
| Barden Ruth | -- | None Available | |
| Barden Ruth S | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kinosian Aram | $1,525,000 | |
| Previous Owner | Barden Ruth S | $272,500 | |
| Previous Owner | Barden Ruth S | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2015 08/12/15 | Sold | $3,390,000 | -3.0% | $1,452 / Sq Ft |
| 07/07/2015 07/07/15 | Pending | -- | -- | -- |
| 06/09/2015 06/09/15 | For Sale | $3,495,000 | -- | $1,497 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $41,547 | $3,911,171 | $3,177,649 | $733,522 |
| 2023 | $40,577 | $3,834,482 | $3,115,342 | $719,140 |
| 2022 | $39,908 | $3,759,297 | $3,054,257 | $705,040 |
| 2021 | $39,141 | $3,685,586 | $2,994,370 | $691,216 |
| 2020 | $38,766 | $3,647,795 | $2,963,666 | $684,129 |
| 2019 | $37,958 | $3,576,270 | $2,905,555 | $670,715 |
| 2018 | $37,200 | $3,506,148 | $2,848,584 | $657,564 |
| 2017 | $36,541 | $3,437,400 | $2,792,729 | $644,671 |
| 2016 | $35,717 | $3,370,000 | $2,737,969 | $632,031 |
| 2015 | $18,838 | $1,752,123 | $1,520,471 | $231,652 |
| 2014 | $16,007 | $1,490,688 | $1,490,688 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
H
Seller's Agent in 2015
Holly Deverian
Keller Williams Newport Estates
-
Arthur Jeppe
Buyer's Agent in 2015
Arthur Jeppe
Compass
(949) 373-6235
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC15124490
APN: 050-082-32
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