715 W Balboa Blvd, Newport Beach, CA 92661

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715 W Balboa Blvd Newport Beach, CA 92661

2 beds1 bath640 sqft

Sold: $1,200,000
Sold on 06/11/14
Zestimate®: $1,076,578
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My Notes

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LOCATION! LOCATION! LOCATION! This classic beach cottage is located just a short walk to the beach and directly across the Blvd from the Newport Harbor Yacht Club. Centrally located between the Balboa and Newport Pier. Just a short bike ride or walk to The Village restaurants & shops and the Balboa Fun Zone where you can take a ride on the Ferry to Balboa Island. Enjoy all the amenities the beach life has to offer! This property could be remodeled or you could build your dream home with ocean and bay views (buyer to verify with city)

Facts

  • Lot: 2,178 sqft
  • Single Family
  • Built in 1928
  • Last sold: Jun 2014 for $1,200,000
  • Price/sqft: $1,875

Construction

  • Roof type: Other
  • Room count: 5
  • # Stories: 1.0
  • Structure type: Ranch
  • Unit count: 1

Other

  • Floor size: 640 sqft
  • Parcel #: 04802320
  • Zillow Home ID: 25134667

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$1,076,578
+$1,777 Last 30 days
$883K
$1.29M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,786/mo
+$14 Last 30 days
$2.5K
$3.6K
Zestimate range

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Market guide

Zillow predicts Newport Beach home values will decrease 3.1% next year, compared to a 3% increase for Los Angeles Metro as a whole. Among Newport Beach homes, this home is valued 17.5% less than the midpoint (median) home, but is valued 164.5% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Newport Beach market, the number of foreclosures waiting to be sold dropped 19.1% in the last year. The number of unsold foreclosures is 7.2% lower than in Los Angeles Metro, and 15.6% lower than the national average. This lower local number could help Newport Beach home values rise more quickly than other regions in Los Angeles Metro.

Learn more about forecast calculations or Newport Beach home values.
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    Nearby Schools in Newport Beach

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org

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