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110 Pearl Avenue

110 Pearl Avenue, Newport Beach, CA 92662
Property in Balboa Island
Sold Dec 02, 2020
$2,840,000
$2,130,000 by Mufg Union Bank Na
Mortgage Due Dec 01, 2050
Sold Nov 12, 2014
$2,225,000
$1,780,000 by Everbank.com
Mortgage
Local assessors in Newport Beach, CA have categorized 110 Pearl Avenue as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 2,550 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 300 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 110 Pearl Avenue has a total of 746 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. 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, 110 Pearl Avenue sold most recently in Oct 23, 2020 for a total of $2,840,000. If you work out the math, that's approximately a cost of $3,806.97 per sqft. Before that, the property was also sold for $2,225,000 in Nov 5, 2014. 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 $33,251 in taxes each year. 110 Pearl Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,954,736. If we break it down further, the land itself was valued at $2,746,656. Improvements to the property, however, were assessed at a total of $208,080. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Unspecified basement
  • Basement Area: 160
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,550
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 300
  • Total Building Area: 746
  • Gross Building Area: 746
  • Building Area: 746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESUBDIVISION OF SEC 1 BALBOA ISLAND
  • Land Acres: 0.059
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: A TR BALBOA ISLAND RESUB SEC 1 BLK 7 LOT 29

Ownership

  • Current Owner : LAWLER RAYMOND METZ
  • Current Owner 2: LAWLER ZOE LYNN
  • Previous Owner : QUANDT JAMES R
  • Previous Owner 2: QUANDT MARLEEN D
  • Owner Before Previous Owner: MILLER ROSS J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063006

Geography

  • Assessors Map Reference: 31-E6
  • Subdivision Tract Number: 99
  • Parcel: 050-043-10
  • Block: 7
  • Lot: 29
  • Latitude: 33.6063
  • Longitude: -117.898

    Address

  • Full Address: 110 Pearl Ave
  • Address - House Number: 110
  • Address - Street Name: Pearl
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1021
  • Zip Code: 92662

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,251
  • Tax Rate Code Area: 07-067

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 2,256,969
  • High Value: 3,096,943
  • Low Value: 1,416,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,130,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $2,130,000
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,954,736
  • Assessed Land Value: $2,746,656
  • Assessed Improvements Value: $208,080

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11805243751
  • Current Sale Price: $2,840,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000705718
  • Previous Sale Recording Date: Nov 12, 2014
  • Previous Sale Contract Date: Nov 05, 2014
  • Previous Sale Amount: $2,225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $2,130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EVERBANK.COM
  • Previous Mortgage Transaction Date: Nov 12, 2014
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $1,780,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

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Frequently Asked Questions

What neighborhood is 110 Pearl Avenue located in?
The 110 Pearl Avenue is a located in the neighborhood of Balboa Island in Newport Beach, Newport Beach.
What is the average sales price for listings in 110 Pearl Avenue?
The average sales price for units in 110 Pearl Avenue is $0 currently.

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