14 days on rocket

117 E Bay Ave, Newport Beach, CA, 92661

$2,295,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
883 SqFt
$2,599/SqFt
House
Schools Nearby

Location

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117 E Bay Ave, Newport Beach$2,295,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingSee Remarks
Year Built1927
HeatingForced Air, Natural Gas
CoolingNone
FireplaceLiving Room
ViewNone
MLS #LG24068143
Lot Size0.05 Acres
StatusActive

About 117 E Bay Ave

Take advantage of a rare opportunity to make this charming 1927 vintage bungalow yours. Nestled in a lush mini garden on coveted East Bay Avenue, this lovingly maintained home boasts 3 bedrooms and 3 bathrooms with hardwood floors, a brick fireplace, enclosed entry porch and a sunny kitchen leading to the service porch and private rear courtyard. The gated courtyard with alley access leads to the separate 3rd bedroom with a kitchenette perfect for a guest room or Granny unit. Ideally located, just steps from the bay and miles of Newport's pristine beaches and bike trails, the famous Balboa Island Ferry, Fun Zone, shopping, restaurants, entertainment, boat rentals, sailing, fishing, stand up paddle, surfing and swimming. Built in 1927, there are no original building records. There are preexisting lot line and setback encroachments onto adjacent properties. Power poles have been undergrounded. Property to be sold in as-is condition by the Seller Trustee. Broker/agent does not guarantee the accuracy of the square footage, lot size, zoning, schools and/or other information concerning the conditions or features of the property provided by or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals and agencies. Information deemed reliable but not guaranteed.

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1927
  • Stories: 1
  • Living Area: 883 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 466-3224
  • Listing Agent: Victoria Lee

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), All Bedrooms Down, Bedroom on Main Level, Main Level Primary
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: Lighting

Parking Information:

  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot: Back Yard, Rectangular Lot, Sprinklers
  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Newport Harbor High School, Public District Grades 9-12
  • Horace Ensign Intermediate School, Public District Grades 7-8
  • Newport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Balboa Blvd to Coronado to Bay

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,295,000
  • Price Per SqFt: $2,599/SqFt

Tax Information:

  • Annual Amount: $1,138
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport Beach, CA.

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Newport Beach, CA

City

Med. Sold Price

$3.2M

Med. Price/SqFt

$1,343

Avg. Days On Market

43

# of Sold Homes

86

117 E Bay Ave vs Newport Beach

14 DAYS ON ROCKET

-29 Days

$2,295,000

-$933.6K Less

$2,599/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $933.6K less than the Median Sold Price and $1.2K/SqFt more than other homes in Newport Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LG24068143

Listing Office:

  • Office Name: Compass
  • Office Phone: (949) 466-3224
  • Listing Agent: Victoria Lee

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,138$73,536
2020$1,126$72,782
2019$1,091$71,355
2018$1,091$69,956
2017$1,073$68,585

History based on county public records data.

Payment Calculator

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,947

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3176365
9
/10

  • Newport Elementary School

  • 1327 W Balboa Blvd

  • 0.77 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3176366
7
/10

  • Horace Ensign Intermediate School

  • 2000 Cliff Dr

  • 1.22 miles

  • Public District Grades 7-8

High School

school-card-donut-3176367
7
/10

  • Newport Harbor High School

  • 600 Irvine Ave

  • 1.36 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,301. Residents of Newport Beach, CA typically earn between $35k-100k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 117 E Bay Ave

What is the listing price of this property?

The listing price of 117 E Bay Ave property is $2,295,000.

What type of property is this?

The property 117 E Bay Ave is a house located in Newport Beach, California, 92661.

Is this property for sale now?

Active Listing: 117 E Bay Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 117 E Bay Ave are:
Newport Elementary School: GreatSchools Rating 9/10
Horace Ensign Intermediate School: GreatSchools Rating 7/10
Newport Harbor High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,138 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 117 E Bay Ave has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 117 E Bay Ave is 883 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 117 E Bay Ave is 1927.

Rocket Homes›California›Orange County›Newport Beach›92661›117 E Bay Ave

This home is located at 117 E Bay Ave in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 883 square foot home, which was built in 1927, sits on a 0.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $2,295,000.

While more than 23 listings in Newport Beach, CA in March 2024 were sold above asking price, there were more than 13 listings sold at asking price, and more than 50 were sold below. The inventory of homes for sale in Newport Beach, CA between February 2024 and March 2024 increased by 8.8%. While the average time on the market in March 2024 was 43 days, the median list price was $3,228,690.

From Rocket Homes Real Estate and based on county public records data.

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