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1123 Granville Drive

1123 Granville Drive, Newport Beach, CA 92660
Property in Granville
Sold Jan 17, 2007
$1,700,000
$1,136,862 by Ally Bank
Mortgage Due Oct 01, 2051
Sold Mar 11, 2005
$1,925,000
1123 Granville Drive in Newport Beach, CA was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1123 Granville Drive has 2,198 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 453 sqft. There are a total of 2 available parking spaces. As for heating, the home is utilizing a gas heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1123 Granville Drive was last sold in Dec 14, 2006 for $1,700,000. According to our calculations, that's $773.43 per sqft. Prior to that sales transaction, the property was sold for $1,925,000 in Feb 1, 2005. Current property owners are expected to pay $14,859 in taxes per year. The property on 1123 Granville Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,388,659. To break that down further, the land itself was valued at $738,838. While improvements to the property were assessed at a total of $649,821. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 453
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,198
  • Building Area: 2,198
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 2,198
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRANVILLE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: N TR 14839 BLK LOT 1 UN 49 TRACT 14839, LOT 1 OF PROJECT 939-63 LOCATED ON

Ownership

  • Current Owner : LERNER RICHARD S
  • Current Owner 2: RICHARD LERNER TRUST
  • Previous Owner : SEGAR DORIS A
  • Owner Before Previous Owner: FRACCHIA ROBERT D
  • Owner Before Previous Owner 2: FRACCHIA TONYA
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063008

Geography

  • Assessors Map Reference: 32-A5
  • Subdivision Tract Number: 14839
  • Parcel: 939-637-77
  • Lot: 1
  • Latitude: 33.6134
  • Longitude: -117.879

    Address

  • Full Address: 1123 Granville Dr
  • Address - House Number: 1123
  • Address - Street Name: Granville
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C058
  • 4-Digit Zip Code: 6226
  • Zip Code: 92660

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,859
  • Tax Rate Code Area: 07-041

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 78
  • Final Value: 2,711,250
  • High Value: 3,167,943
  • Low Value: 2,254,558

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,136,862
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Sep 17, 2021
  • First Open Lien Mortgage Loan Amount: $1,136,862
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,388,659
  • Assessed Land Value: $738,838
  • Assessed Improvements Value: $649,821

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2006
  • Current Sale Recording Date: Jan 17, 2007
  • Current Sale Transaction ID: 1206402597
  • Current Sale Price: $1,700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2007000032536
  • Previous Sale Recording Date: Mar 11, 2005
  • Previous Sale Contract Date: Feb 01, 2005
  • Previous Sale Amount: $1,925,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Jan 17, 2007
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2037

About Newport Beach



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Frequently Asked Questions

What neighborhood is 1123 Granville Drive located in?
The 1123 Granville Drive is a located in the neighborhood of Granville in Newport Beach, Newport Beach.
What is the average sales price for listings in 1123 Granville Drive?
The average sales price for units in 1123 Granville Drive is $0 currently.

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