202 Via Palermo

202 Via Palermo has been categorized by the local assessors in Newport Beach, CA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. The home has a total of 11 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 202 Via Palermo has 4,906 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 5,280 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 420 sqft. According to our sources, there are a total of 2 available parking spaces. There is a single fireplace in the home. Perfect for those wintery nights. 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, 202 Via Palermo sold most recently in Dec 6, 2022 for a total of $6,100,000. If you work out the math, that's approximately a cost of $1,243.38 per sqft. 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 $59,190 in taxes each year. 202 Via Palermo was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $5,610,000. If we break it down further, the land itself was valued at $5,355,088. Improvements to the property, however, were assessed at a total of $254,912. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.