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10 Faenza

10 Faenza, Newport Coast, CA 92657
House in Los Trancos
Sold Feb 10, 2020
$4,262,500
$3,000,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2050
Sold May 18, 2011
$2,260,000
$729,750 by Kinecta Fcu
Mortgage Due Jun 01, 2041
Local assessors in Newport Coast, CA have categorized 10 Faenza as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 10,551 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 10 Faenza has a total of 4,884 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 751 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Faenza sold most recently in Jan 15, 2020 for a total of $4,262,500. If you work out the math, that's approximately a cost of $872.75 per sqft. Before that, the property was also sold for $2,260,000 in Apr 20, 2011. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $48,310 in taxes each year. 10 Faenza was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,480,647. If we break it down further, the land itself was valued at $3,413,012. Improvements to the property, however, were assessed at a total of $1,067,635. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 751
  • Parking Space Count: 3
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,551
  • Total Building Area: 4,884
  • Building Area: 4,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAUSALITO
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15467 BLK LOT 22

Ownership

  • Current Owner : EVANS GARETH T
  • Current Owner 2: EVANS DIANA L
  • Previous Owner : CHENG JEFFREY W
  • Previous Owner 2: JEFFREY W CHENG REVOCABLE TRUS
  • Owner Before Previous Owner: MURPHY DAVID J
  • Owner Before Previous Owner 2: MURPHY SHARON D
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062643

Geography

  • Subdivision Tract Number: 15467
  • Parcel: 478-164-22
  • Lot: 22
  • Latitude: 33.5992
  • Longitude: -117.813

    Address

  • Full Address: 10 Faenza
  • Address - House Number: 10
  • Address - Street Name: Faenza
  • State: CA
  • City Name: Newport Coast
  • Carrier Code: C096
  • 4-Digit Zip Code: 1601
  • Zip Code: 92657

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,310
  • Tax Rate Code Area: 07-221

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 5,384,597
  • High Value: 6,452,810
  • Low Value: 4,316,383

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 10, 2020
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,480,647
  • Assessed Land Value: $3,413,012
  • Assessed Improvements Value: $1,067,635

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 15, 2020
  • Current Sale Recording Date: Feb 10, 2020
  • Current Sale Transaction ID: 11730343375
  • Current Sale Price: $4,262,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000055894
  • Previous Sale Recording Date: May 18, 2011
  • Previous Sale Contract Date: Apr 20, 2011
  • Previous Sale Amount: $2,260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 10, 2020
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: KINECTA FCU
  • Previous Mortgage Transaction Date: May 18, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $729,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2041

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Frequently Asked Questions

What neighborhood is 10 Faenza located in?
The 10 Faenza is a house located in the neighborhood of Los Trancos in Newport Coast, Newport Coast.
What is the average sales price for listings in 10 Faenza?
The average sales price for units in 10 Faenza is $0 currently.

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