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Sold for $3,170,000
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  • Listed by: Harcourts Place • Drew Teicheira • Contact: 949-244-7438
    Bought with: Douglas Elliman Of California
    $3,170,000

    225 Ruby Ave, Newport Beach, CA 92662

    5beds
    2,135sqft
    Duplex
    Built in 1983
    2,614 Square Feet Lot
    $4,003,500 Zestimate®
    $1,485/sqft
    $8,628 Estimated rent

    Home value

    $4,003,500

    $3.64M - $4.44M

    $8,628/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Teicheira DRE #02030547 949-244-7438,

    Harcourts Place

    Bought with:

    Breanna Lepante, DRE #01919560

    Douglas Elliman Of California

    Source: CRMLS,MLS#: OC23185580MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Kitchen, Living Room
    Bedroom
    • Features: Bedroom on Main Level
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: In Garage
    Features
    • Bedroom on Main Level
    • Has fireplace: Yes
    • Fireplace features: Kitchen, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,135 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 2,614 Square Feet
    • Features: Rectangular Lot
    Details
    • Parcel number: 05009125
    • Zoning: R-1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Dog Park, Fishing, Storm Drain(s), Sidewalks
    • Subdivision: Balboa Island - Main Island (Balm)
    Location
    • Region: Newport Beach

    Financial & listing details

    • Price per square foot: $1,485/sqft
    • Tax assessed value: $3,233,400
    • Annual tax amount: $37,018
    • Date on market: 10/6/2023
    • Cumulative days on market: 14 days
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    1/3/2025Listing removed$4,600$2/sqft
    Source: Zillow Rentals Report a problem
    12/25/2024Listed for rent$4,600+2.2%$2/sqft
    Source: Zillow Rentals Report a problem
    2/28/2024Listing removed--
    Source: Zillow Rentals Report a problem
    2/10/2024Price change$4,500-5.3%$2/sqft
    Source: Zillow Rentals Report a problem
    1/28/2024Price change$4,750-2.1%$2/sqft
    Source: Zillow Rentals Report a problem
    1/26/2024Listed for rent$4,850$2/sqft
    Source: Zillow Rentals Report a problem
    11/28/2023Sold$3,170,000-2.5%$1,485/sqft
    Source: CRMLS #OC23185580 Report a problem
    11/6/2023Pending sale$3,250,000$1,522/sqft
    Source: CRMLS #OC23185580 Report a problem
    10/21/2023Contingent$3,250,000$1,522/sqft
    Source: CRMLS #OC23185580 Report a problem
    10/6/2023Listed for sale$3,250,000+18.2%$1,522/sqft
    Source: CRMLS #OC23185580 Report a problem
    8/11/2021Sold$2,750,000$1,288/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,018 +1.2%$3,233,400 +2%
    2024$36,563 +12.5%$3,170,000 +13%
    2023$32,491 -28%$2,805,000 +2%
    2022$45,113 +293.9%$2,750,000 +164.3%
    2021$11,452 +1.6%$1,040,291 +1%
    2020$11,268 $1,029,625 +2%
    2019$11,268 +2.1%$1,009,437 +2%
    2018$11,040 +3.9%$989,645 +2%
    2017$10,630 $970,241 +2%
    2016$10,630 +2.3%$951,217 +1.5%
    2015$10,393 +3.4%$936,929 +2%
    2014$10,050 $918,576 +0.5%
    2013-- $914,425 +2%
    2012-- $896,496 +2%
    2011-- $878,918 +0.8%
    2010-- $872,350 -0.2%
    2009-- $874,423 +2%
    2008-- $857,278 +2%
    2007-- $840,469 +2%
    2006-- $823,990 +2%
    2005-- $807,834 +2%
    2004-- $791,995 +1.9%
    2003-- $777,480 +2%
    2002-- $762,236 +2%
    2001$7,641 +2.6%$747,291 +2%
    2000$7,448 $732,639
    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,003,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,003,500