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324 L Street

324 L Street, Newport Beach, CA 92661
Sold Aug 21, 2020
$1,650,000
$1,320,000 by Guaranteed Rate Inc
Mortgage Due Sep 01, 2050
Sold Sep 22, 2015
$1,250,000
$875,000 by Mufg Union Bank Na
Mortgage Due Oct 01, 2045
Local assessors in Newport Beach, CA have categorized 324 L Street as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 1,413 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 are 2 full bathrooms. There are also 2 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 324 L Street has a total of 1,359 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 251 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. 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, 324 L Street was last sold in Jul 7, 2020 for $1,650,000. According to our calculations, that's $1,214.13 per sqft. Prior to that sales transaction, the property was sold for $1,250,000 in Aug 19, 2015. Current property owners are expected to pay $19,504 in taxes per year. The property on 324 L Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,831,321. To break that down further, the land itself was valued at $1,640,624. While improvements to the property were assessed at a total of $190,697. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 251
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 1,413
  • Total Building Area: 1,359
  • Building Area: 1,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,359
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 518
  • Land Acres: 0.032
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 518 BLK M LOT 11

Ownership

  • Current Owner : RUPPERT BRADLEY J
  • Current Owner 2: RUPPERT CHRISTY E
  • Previous Owner : WONG WILLARD
  • Previous Owner 2: WONG REBEKAH
  • Owner Before Previous Owner: ARDAIZ JUDITH M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062800

Geography

  • Assessors Map Reference: 33-A1
  • Subdivision Tract Number: 518
  • Parcel: 048-252-19
  • Block: M
  • Lot: 11
  • Latitude: 33.5982
  • Longitude: -117.886

    Address

  • Full Address: 324 L St
  • Address - House Number: 324
  • Address - Street Name: L
  • Address - Suffix Type: St
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 1501
  • Zip Code: 92661

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $19,504
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,008,208
  • High Value: 3,598,857
  • Low Value: 2,417,560

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,860,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $1,320,000
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Feb 22, 2023
  • Second Open Lien Mortgage Loan Amount: $540,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,831,321
  • Assessed Land Value: $1,640,624
  • Assessed Improvements Value: $190,697

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Transaction ID: 11783926856
  • Current Sale Price: $1,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000427222
  • Previous Sale Recording Date: Sep 22, 2015
  • Previous Sale Contract Date: Aug 19, 2015
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 21, 2020
  • First Mortgage Loan Amount: $1,320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Sep 22, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $875,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Newport Beach



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Frequently Asked Questions

What neighborhood is 324 L Street located in?
The 324 L Street is a located in the neighborhood of Balboa Peninsula Point in Newport Beach, Newport Beach.
What is the average sales price for listings in 324 L Street?
The average sales price for units in 324 L Street is $0 currently.

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