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224 Garnet Avenue

224 Garnet Avenue, Newport Beach, CA 92662
Property in Balboa Island
Sold Sep 12, 1995
$655,000
$500,000 by Home Savings Of America
Mortgage Due Oct 10, 2025
Local assessors in Newport Beach, CA have categorized 224 Garnet Avenue as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 2,720 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 320 ft. 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, 3 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 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 224 Garnet Avenue has a total of 2,497 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 385 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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, 224 Garnet Avenue was last sold in Jun 23, 1995 for $655,000. According to our calculations, that's $262.31 per sqft. Current property owners are expected to pay $14,103 in taxes per year. The property on 224 Garnet Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,316,032. To break that down further, the land itself was valued at $950,857. While improvements to the property were assessed at a total of $365,175. 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: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 385
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,720
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 320
  • Total Building Area: 2,497
  • Gross Building Area: 2,882
  • Building Area: 2,497
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,497
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BALBOA ISLAND
  • Land Acres: 0.062
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR BALBOA ISLAND RESUB SEC 1 BLK 6 LOT 34 BALBOA ISLAND RESUB SEC 1 LOT 34 BLK 6 ALL -EX

Ownership

  • Current Owner : CREMIN MARY C
  • Current Owner 2: HALL EDWARD J
  • Previous Owner : LOGAN MICHAEL J
  • Previous Owner 2: LOGAN MARY F
  • Is Owner Occupied: Owner-occupied property
  • 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: 050-032-07
  • Block: 6
  • Lot: 34
  • Latitude: 33.6082
  • Longitude: -117.898

    Address

  • Full Address: 224 Garnet Ave
  • Address - House Number: 224
  • Address - Street Name: Garnet
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C002
  • 4-Digit Zip Code: 1011
  • Zip Code: 92662

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,103
  • Tax Rate Code Area: 07-067

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 4,438,445
  • High Value: 5,350,182
  • Low Value: 3,526,707

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: HOME SAVINGS OF AMERICA
  • First Open Lien Mortgage Recording Date: Sep 12, 1995
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 10, 2025

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,316,032
  • Assessed Land Value: $950,857
  • Assessed Improvements Value: $365,175

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 23, 1995
  • Current Sale Recording Date: Sep 12, 1995
  • Current Sale Transaction ID: 1037246513
  • Current Sale Price: $655,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19950395304

    Last Sale Mortgage

  • First Mortgage Lender: HOME SAVINGS OF AMERICA
  • First Mortgage Transaction Date: Sep 12, 1995
  • First Mortgage Loan Amount: $500,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 10, 2025

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 224 Garnet Avenue located in?
The 224 Garnet Avenue is a located in the neighborhood of Balboa Island in Newport Beach, Newport Beach.
What is the average sales price for listings in 224 Garnet Avenue?
The average sales price for units in 224 Garnet Avenue is $0 currently.

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