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Sold for $3,220,000
  • Listing Provided by: Fiduciary Real Estate Services
    Bought with: First Team Real Estate
    $3,220,000

    223 Sapphire Ave, Newport Beach, CA 92662

    6beds
    2,756sqft
    Duplex
    Built in 1972
    2,614 Square Feet Lot
    $4,565,700 Zestimate®
    $1,168/sqft
    $6,199 Estimated rent

    Home value

    $4,565,700

    $3.97M - $5.30M

    $6,199/mo

    Zestimate® history
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    $6,199/mo

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    $20,108/mo

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    What's special

    Extremely rare Balboa Island duplex centrally located on a quiet, wide avenue, midway between the bridge and iconic ferry, with a large 3 bedrooms/2 baths upstairs unit with laundry room and a recently renovated 3 bedrooms/2 baths downstairs unit and recently replaced roof. The 2 car attached garage, with laundry area for downstairs unit, may be accessed through side doors and via the alley. The property has gorgeous multi sized windows that let in plenty of sunshine. Options abound…live in one, rent the other. This property has tremendous income potential. Both units will be delivered vacant. Each kitchen is equipped for a gas range. Each also has a fireplace and/or built-in, storage, and unique features. Side and front patios plus enclosed parking provide yet more favorable features. Whether you are looking for a new home or an investment opportunity, this beautiful duplex ensures an iconic California lifestyle. Paired with a vibrant town that offers plenty of shopping, dining, and things to do, surrounded by more than 2 miles of waterfront public sidewalk, this property is a must-have.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Ruben Martinez DRE #01027549 ruben@fiduciaryrealestateservices.com,

    Fiduciary Real Estate Services,

    Logan Martinez DRE #01960924,

    Fiduciary Real Estate Services

    Bought with:

    Darel Rosen, DRE #01301108

    First Team Real Estate

    Source: CRMLS,MLS#: OC24010676MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Cooling
    • None
    Appliances
    • Laundry: See Remarks
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,756 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front door
    • Pool features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 2,614 sqft
    • Features: Front Yard, Level, Rectangular Lot
    Details
    • Parcel number: 05009327
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Fishing, Hiking, Street Lights, Suburban, Sidewalks, Water Sports
    Location
    • Region: Newport Beach
    • Subdivision: Balboa Island - Main Island (Balm)

    Other

    Other facts
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    7/26/2024Listing removed--
    Source: CRMLS #OC24148461 Report a problem
    7/19/2024Listed for rent$5,200-11.9%$2/sqft
    Source: CRMLS #OC24148461 Report a problem
    6/18/2024Listing removed--
    Source: CRMLS #OC24071557 Report a problem
    5/11/2024Price change$5,900-7.8%$2/sqft
    Source: CRMLS #OC24071557 Report a problem
    4/27/2024Price change$6,400-7.2%$2/sqft
    Source: CRMLS #OC24071557 Report a problem
    4/12/2024Listed for rent$6,900$3/sqft
    Source: CRMLS #OC24071557 Report a problem
    3/6/2024Sold$3,220,000+0.6%$1,168/sqft
    Source: CRMLS #OC24010676 Report a problem
    2/10/2024Contingent$3,200,000$1,161/sqft
    Source: CRMLS #OC24010676 Report a problem
    1/18/2024Listed for sale$3,200,000$1,161/sqft
    Source: CRMLS #OC24010676 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,636 +0.2%$3,284,400 +0.6%
    2024$37,551 -29.4%$3,264,000 +2%
    2023$53,165 +337.7%$3,200,000 +189.5%
    2022$12,146 +1.9%$1,105,227 +2%
    2021$11,915 +1%$1,083,556 +1%
    2020$11,800 $1,072,446 +2%
    2019$11,800 +2.1%$1,051,418 +2%
    2018$11,563 +3.8%$1,030,802 +2%
    2017$11,136 $1,010,591 +2%
    2016$11,136 +2.3%$990,776 +1.5%
    2015$10,889 +3.4%$975,894 +2%
    2014$10,530 $956,778 +0.5%
    2013-- $952,454 +2%
    2012-- $933,779 +2%
    2011-- $915,470 +0.8%
    2010-- $908,629 -0.2%
    2009-- $910,788 +2%
    2008-- $892,930 +2%
    2007-- $875,422 +2%
    2006-- $858,257 +2%
    2005-- $841,429 +2%
    2004-- $824,931 +1.9%
    2003-- $809,812 +2%
    2002-- $793,934 +2%
    2001$8,028 +2.6%$778,367 +2%
    2000$7,826 $763,105

    Find assessor info on the county website

    Neighborhood: 92662

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,565,700
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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
    $4,565,700