For SaleNeutral Deal10 days on market
53 Harbor Ridge Dr
53 Harbor Ridge Dr, Newport Beach, CA 92660, Newport Beach, CA 92660
$5,898,000
Estimate®:$5,642,300
Listing Price
53 Harbor Ridge Dr, Newport Beach, CA 92660
Loc: Newport Beach, CA
Days Listed
10
Tax Assessed
$3685k
Estimate®
$5642k
Market Rate
Lot Size
1.87 acres
Type
condo
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Abraham Lincoln Elementary School
K-6
1.1 mi away
8
Corona Del Mar High School
7-12
2.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern architectural stylestucco exteriorminimalistluxuryintegrated garagecontemporary lightingpaved drivewaylandscaped succulentsasymmetrical designoutdoor accent lightingarchitectural glass entrancesleek finishevening ambience
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.32%
Total ROI
96.3%
Cash Flow
$476/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $476/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Newport Beach
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-14 | Listed for sale | $5,898,000 | $1,550 |
| 2018-04-05 | Sold | $3,175,000 | $835 |
| 2018-01-22 | Pending sale | $3,250,000 | $854 |
| 2017-12-23 | Listed for sale | $3,250,000 | $854 |
| 2015-08-03 | Sold | $2,850,000 | $749 |
| 2015-07-16 | Pending sale | $2,999,995 | $789 |
| 2015-05-30 | Price change | $2,999,995 | $789 |
| 2015-05-14 | Listed for sale | $3,348,888 | $880 |
| 2014-08-28 | Sold | $825,000 | $217 |
| 2002-03-29 | Sold | $1,475,000 | $388 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $3,684,857 |
| 2025 | $37,332 | $3,612,605 |
| 2024 | $36,578 | $3,541,770 |
| 2023 | $35,714.76 | $3,472,324 |
| 2022 | $35,041.22 | $3,404,240 |
| 2021 | $34,362.2 | $3,337,491 |
| 2020 | $34,012.12 | $3,303,270 |
| 2019 | $34,012.12 | $3,238,500 |
| 2018 | $33,327.52 | $2,965,140 |
| 2017 | $30,038.8 | $2,907,000 |
| 2016 | $30,038.8 | $2,850,000 |
| 2015 | $29,367.7 | $1,125,000 |
| 2014 | $11,819.54 | $1,125,000 |
| 2013 | $0 | $1,792,941 |
| 2012 | $0 | $1,757,786 |
| 2011 | $0 | $1,723,320 |
| 2010 | $0 | $1,180,000 |
| 2009 | $0 | $1,399,000 |
| 2008 | $0 | $1,680,888 |
| 2007 | $0 | $1,647,930 |
| 2006 | $0 | $1,615,618 |
| 2005 | $0 | $1,583,940 |
| 2004 | $0 | $1,532,589 |
| 2003 | $0 | $1,504,500 |
| 2002 | $0 | $738,342 |
| 2001 | $7,365.58 | $723,865 |
| 2000 | $7,178.82 | $709,672 |
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