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10 Vernon

10 Vernon, Newport Coast, CA 92657
Sold Feb 01, 2021
$2,450,000
$1,470,000 by East West Bank
Mortgage Due Feb 01, 2051
Sold Jul 14, 1998
$790,500
$632,295 by Bank Of America
Mortgage Due Aug 01, 2028
10 Vernon has been categorized by the local assessors in Newport Coast, CA as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. In addition, 10 Vernon has 3,655 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,992 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 673 sqft. According to our sources, there are a total of 3 available parking spaces. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10 Vernon was last sold in Dec 22, 2020 for $2,450,000. According to our calculations, that's $670.31 per sqft. Prior to that sales transaction, the property was sold for $790,500 in Feb 10, 1998. Current property owners are expected to pay $26,630 in taxes per year. The property on 10 Vernon was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,548,980. To break that down further, the land itself was valued at $1,915,679. While improvements to the property were assessed at a total of $633,301. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 673
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 6,992
  • Total Building Area: 3,655
  • Building Area: 3,655
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,655
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 15333
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 15333 BLK LOT 22

Ownership

  • Current Owner : ZHANG DAMING
  • Current Owner 2: ZHAO XI
  • Previous Owner : SHIPMAN G W G
  • Previous Owner 2: SHIPMAN LA RONNA
  • Owner Before Previous Owner: IRVINE COMMUNITY DEVELOPMENT COMPANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062645

Geography

  • Subdivision Tract Number: 15333
  • Parcel: 461-291-29
  • Lot: 22
  • Latitude: 33.6167
  • Longitude: -117.838

    Address

  • Full Address: 10 Vernon
  • Address - House Number: 10
  • Address - Street Name: Vernon
  • State: CA
  • City Name: Newport Coast
  • Carrier Code: C100
  • 4-Digit Zip Code: 0103
  • Zip Code: 92657

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,630
  • Tax Rate Code Area: 07-233

    Appraisal Valuation

  • Standard Deviation: 0.1959
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,740,461
  • High Value: 4,473,349
  • Low Value: 3,007,573

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,470,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,470,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,548,980
  • Assessed Land Value: $1,915,679
  • Assessed Improvements Value: $633,301

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11816079284
  • Current Sale Price: $2,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000070501
  • Previous Sale Recording Date: Jul 14, 1998
  • Previous Sale Contract Date: Feb 10, 1998
  • Previous Sale Amount: $790,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $1,470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Jul 14, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $632,295
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2028

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Frequently Asked Questions

What neighborhood is 10 Vernon located in?
The 10 Vernon is a located in the neighborhood of Newport Ridge North in Newport Coast, Newport Coast.
What is the average sales price for listings in 10 Vernon?
The average sales price for units in 10 Vernon is $0 currently.

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