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501 Kings Place

501 Kings Place, Newport Beach, CA 92663
House in Cliff Haven
Sold Apr 28, 2021
$3,355,000
$2,684,000 by Us Bank Na
Mortgage Due May 01, 2051
Sold Aug 16, 2017
$2,383,500
Local assessors in Newport Beach, CA have categorized 501 Kings Place as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 8,591 square feet. The linear feet between the front and back of the lot was measured at 1,210 ft and the front of the lot was measured at 710 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 3 full bathrooms. There are also 4 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 501 Kings Place has a total of 3,097 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 598 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. The property was last sold in Mar 5, 2021 for $3,355,000. That's $1,083.31 per sqft. Prior to that sales transaction, the property was also sold in Jul 27, 2017 for $2,383,500. 501 Kings Place was last assessed in 2023. The total value of the property was assessed at $3,500,656. Specifically, the land the property is located on was valued at $3,284,317. While improvements on the property were assessed at a total of $216,339. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $37,077. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 598
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,591
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,097
  • Building Area: 3,097
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,097
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1218
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1218 BLK LOT 68

Ownership

  • Current Owner : ELLIS ANDREW
  • Current Owner 2: ELLIS KELLY
  • Previous Owner : CONROW JERRY L
  • Previous Owner 2: THE JERRY L CONROW LIVING TRUS
  • Owner Before Previous Owner: RODGERS JOHN
  • Owner Before Previous Owner 2: SCHEID LYNN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Assessors Map Reference: 31-D5
  • Subdivision Tract Number: 1218
  • Parcel: 049-263-03
  • Lot: 68
  • Latitude: 33.6195
  • Longitude: -117.91

    Address

  • Full Address: 501 Kings Pl
  • Address - House Number: 501
  • Address - Street Name: Kings
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C006
  • 4-Digit Zip Code: 5850
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $37,077
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 4,426,794
  • High Value: 5,273,581
  • Low Value: 3,580,008

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,684,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,684,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,500,656
  • Assessed Land Value: $3,284,317
  • Assessed Improvements Value: $216,339

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11833345155
  • Current Sale Price: $3,355,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000285917
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Jul 27, 2017
  • Previous Sale Amount: $2,383,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $2,684,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 501 Kings Place located in?
The 501 Kings Place is a house located in the neighborhood of Cliff Haven in Newport Beach, Newport Beach.
What is the average sales price for listings in 501 Kings Place?
The average sales price for units in 501 Kings Place is $0 currently.

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