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424 Riverside Avenue

424 Riverside Avenue, Newport Beach, CA 92663
Property in Newport Heights
Sold Aug 02, 2022
$2,810,000
Local assessors in Newport Beach, CA have categorized 424 Riverside Avenue as a residential type of property. The home was built in 1949 and is 75 years old. The property's lot size has been calculated to be 6,375 square feet. The linear feet between the front and back of the lot was measured at 1,270 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 424 Riverside Avenue has a total of 2,211 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The home's a heating system is the primary heating source. 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, 424 Riverside Avenue sold most recently in Jul 28, 2022 for a total of $2,810,000. If you work out the math, that's approximately a cost of $1,270.92 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 $29,764 in taxes each year. 424 Riverside Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,810,000. If we break it down further, the land itself was valued at $2,719,439. Improvements to the property, however, were assessed at a total of $90,561. 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.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,375
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,211
  • Gross Building Area: 2,211
  • Building Area: 2,211
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,211
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FIRST ADD TO NEWPORT HEIGHTS
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR FIRST ADD TO NEWPORT HEIGHTS BLK 24 LOT 9

Ownership

  • Current Owner : CHRISTOPHER KERSTNER LIVING TRUST
  • Previous Owner : HENDRIE FAMILY SURVIVORS TRUST
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 063400

Geography

  • Assessors Map Reference: 31-C4
  • Subdivision Tract Number: 256
  • Parcel: 049-031-15
  • Block: 24
  • Lot: 9
  • Latitude: 33.6243
  • Longitude: -117.921

    Address

  • Full Address: 424 Redlands Ave
  • Address - House Number: 424
  • Address - Street Name: Redlands
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 4807
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,764
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,124,625
  • High Value: 3,751,134
  • Low Value: 2,498,116

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,810,000
  • Assessed Land Value: $2,719,439
  • Assessed Improvements Value: $90,561

    Sales

  • Current Sale Contract Date: Jul 28, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Transaction ID: 11893563660
  • Current Sale Price: $2,810,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 266116

About Newport Beach



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Frequently Asked Questions

What neighborhood is 424 Riverside Avenue located in?
The 424 Riverside Avenue is a located in the neighborhood of Newport Heights in Newport Beach, Newport Beach.
What is the average sales price for listings in 424 Riverside Avenue?
The average sales price for units in 424 Riverside Avenue is $0 currently.

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