StatusAccepting Backup Offers (Active Under Contract)
About 311 Montero St
Ideally located in the middle of the Balboa Peninsula in Newport Beach, this charming beach house is moments from the beach and the bay. An inviting front patio makes everyone feel welcome and introduces the newly redone home, where a fresh, white interior exemplifies open-concept living. Anchored by a stone fireplace, the great room and dining area easily caters to memorable entertaining and kick-back daily living. Three bedrooms and two baths are featured in approximately 1,389 square feet, making this enviable cottage a fabulous year-round residence and the perfect vacation getaway. Serve up your favorite meals in an island kitchen that hosts a breakfast bar, stainless steel appliances and granite countertops. Hardwood flooring, French doors, large windows, custom crown molding, a classic Dutch entry door, a stylish clawfoot bathtub and upgraded lighting combine to enrich the home with undeniable and enduring appeal. The cottage’s outstanding setting encourages leaving the car at home while exploring nearby shops, popular restaurants and the Balboa Pier.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Living Area: 1,339 SqFt
Listing Office:
Office Name: Redfin
Office Phone: (949) 610-5409
Listing Agent: Abby Corpodian
Interior Features
Interior Information:
Appliances: Range, Convection Oven, Dishwasher, Gas Cooktop
Flooring Type: Wood
Interior: Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Attic, Bedroom on Main Level
Fireplace: Family Room
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
View: Bay, City Lights, Ocean
Parking Information:
Garage Space: 1 space
Attached Garage: Yes
Parking: Direct Access, Door-Single, Garage, Garage Faces Rear
Virtual/3D Tour
3D Tour: 311 Montero St
3D Tour
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Utilities
Utilities Information:
Heating: Central, Fireplace(s), Natural Gas
Cooling: Gas, 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: Cross street: East Bay Ave
Price Information
Listing Price Info
Price Summary:
List Price: $2,749,000
Price Per SqFt: $2,053/SqFt
Tax Information:
Annual Amount: $17,720
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Newport Beach, CA.
This property is $479.6K less than the Median Sold Price and $709/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: #OC23231143
Listing Office:
Office Name: Redfin
Office Phone: (949) 610-5409
Listing Agent: Abby Corpodian
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: 4/28/2024, 9:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 26, 2013
Apr 26, 2013Home Sold
$1,450,000
Oct 10, 2006
Oct 10, 2006Home Sold
$1,550,000
May 19, 2005
May 19, 2005Home Sold
$1,437,500
Oct 02, 1998
Oct 02, 1998Home Sold
$496,000
Mar 08, 1991
Mar 08, 1991Home Sold
$486,000
Jun 20, 1988
Jun 20, 1988Home Sold
$307,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,720
$1,649,589
2020
$17,549
$1,632,675
2019
$16,846
$1,600,662
2018
$16,847
$1,569,277
2017
$16,549
$1,538,507
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.7K
Per Month
Principal & Interest
$13.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,308
Powered By
Advertisement
NMLS#3030
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
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.78 miles
Public District Grades KG-6
Middle School
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.19 miles
Public District Grades 7-8
High School
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.33 miles
Public District Grades 9-12
Assigned Schools
9
/10
Newport Elementary School
1327 W Balboa Blvd
Distance between this listing and this school0.78 miles
Public District Grades KG-6
Nearby Schools
7
/10
Newport Heights Elementary School
300 E 15th St
Distance between this listing and this school1.77 miles
Public District Grades KG-6
8
/10
Mariners Elementary School
2100 Mariners Dr
Distance between this listing and this school1.85 miles
Public District Grades KG-6
Assigned Schools
7
/10
Horace Ensign Intermediate School
2000 Cliff Dr
Distance between this listing and this school1.19 miles
Public District Grades 7-8
Nearby Schools
10
/10
Vista Verde
6 Federation Way
Distance between this listing and this school4.78 miles
Public District Grades KG-8
8
/10
Isaac L. Sowers Middle School
9300 Indianapolis Ave
Distance between this listing and this school5.36 miles
Public District Grades 6-8
Assigned Schools
7
/10
Newport Harbor High School
600 Irvine Ave
Distance between this listing and this school1.33 miles
Public District Grades 9-12
Nearby Schools
9
/10
Corona Del Mar High School
2101 Eastbluff Dr
Distance between this listing and this school2.54 miles
Public District Grades 7-12
5
/10
Estancia High School
2323 Placentia Ave
Distance between this listing and this school4.10 miles
The neighbors living near this home have an average income of $81,301. Typical income of Newport Beach, CA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 311 Montero St
What is the listing price of this property?
The listing price of 311 Montero St property is $2,749,000.
What type of property is this?
The property 311 Montero St is a house located in Newport Beach, California, 92661.
Is this property for sale now?
Accepting Backup Offers: 311 Montero St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 311 Montero St are: Newport Elementary School: GreatSchools Rating 9/10Horace Ensign Intermediate School: GreatSchools Rating 7/10Newport 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 $17,720 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 26, 2013 for $1,450,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 311 Montero St has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 311 Montero St is 1,339 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 311 Montero St is 1940.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 311 Montero St in Newport Beach, CA and zip code 92661 in the Central Newport Beach neighborhood. This 1,339 square foot home, which was built in 1940, sits on a 0.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 11, 2024 and is currently priced at $2,749,000.
Over 23 listings were sold over their listed price in March 2024 in Newport Beach, CA. In the same period over 50 listings were sold below the listed price and 13 listings were sold for the listed price. In March 2024 in Newport Beach, CA there were 8.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $3,228,690.
From Rocket Homes Real Estate and based on county public records data.
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. 
Art Museums
Art Museums
Live Theatre
Music Concerts
Bloomingdales
H&M
Banana Republic
Starbucks
Boston Market
Chipotle
Audi
Mercedes
Volkswagen
News
Rhythmic Contemporary Hits
Jazz