Sold May 10, 2021
$2,575,000
Buyer
$1,931,250
by Arc Home Llc
Mortgage Due Jun 01, 2051
227 Opal Avenue in Newport Beach, CA was first built in 1972 and is 52 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 multifamily style.
There are a total of 2 floors.
227 Opal Avenue has 2,747 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.
The linear feet across the front of the lot is 300 ft and the linear feet between the front and back of the lot is 850.
In total, the area measurement of the land is 2,550 square feet.
Learn more about the property and building on this page. For those who need parking, there is a carport. The garage is 480 sqft. As for heating, the home is utilizing a heating system. 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, 227 Opal Avenue sold most recently in Apr 15, 2021 for a total of $2,575,000. If you work out the math, that's approximately a cost of $937.39 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 $31,171 in taxes each year. 227 Opal Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,679,030. If we break it down further, the land itself was valued at $2,496,960. Improvements to the property, however, were assessed at a total of $182,070. The property's total assessed value has been marked as more than the total market value 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.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.
Learn more about the property and building on this page. For those who need parking, there is a carport. The garage is 480 sqft. As for heating, the home is utilizing a heating system. 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, 227 Opal Avenue sold most recently in Apr 15, 2021 for a total of $2,575,000. If you work out the math, that's approximately a cost of $937.39 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 $31,171 in taxes each year. 227 Opal Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,679,030. If we break it down further, the land itself was valued at $2,496,960. Improvements to the property, however, were assessed at a total of $182,070. The property's total assessed value has been marked as more than the total market value 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.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.
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