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511 Fullerton Avenue

511 Fullerton Avenue, Newport Beach, CA 92663
Property in Newport Heights
Sold Jul 17, 2019
$2,842,000
$1,989,400 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2049
Sold Mar 02, 2006
$2,895,000
$1,200,000 by Jayco Capital Group
Mortgage Due Mar 01, 2036
Local assessors in Newport Beach, CA have categorized 511 Fullerton Avenue as a residential type of property. The home was built in 2005 and is 19 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 3 rooms in the home. Of these, 6 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 6 full bathrooms. There are also 7 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 511 Fullerton Avenue has a total of 5,416 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 681 sqft. There are 3 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. 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, 511 Fullerton Avenue sold most recently in Jun 19, 2019 for a total of $2,842,000. If you work out the math, that's approximately a cost of $524.74 per sqft. Before that, the property was also sold for $2,895,000 in Feb 1, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $31,697 in taxes each year. The initial year of tax delinquency occurred in 2022. 511 Fullerton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,987,448. If we break it down further, the land itself was valued at $1,147,128. Improvements to the property, however, were assessed at a total of $1,840,320. The property's total assessed value has been marked as more than the total market value 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.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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 681
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,375
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,416
  • Gross Building Area: 5,416
  • Building Area: 5,416
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,416
  • 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 38 LOT 22

Ownership

  • Current Owner : ANDRADA MARISSA J
  • Current Owner 2: DEVELLANO MICHAEL
  • Previous Owner : BETETA CYNTHIA
  • Owner Before Previous Owner: 511 FULLERTON AVE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 31-D4
  • Subdivision Tract Number: 256
  • Parcel: 049-043-14
  • Block: 38
  • Lot: 22
  • Latitude: 33.6226
  • Longitude: -117.916

    Address

  • Full Address: 511 Fullerton Ave
  • Address - House Number: 511
  • Address - Street Name: Fullerton
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Newport Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 5135
  • Zip Code: 92663

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $31,697
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.159
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 3,971,959
  • High Value: 4,792,105
  • Low Value: 3,151,813

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,989,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2019
  • First Open Lien Mortgage Loan Amount: $1,989,400
  • 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: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,987,448
  • Assessed Land Value: $1,147,128
  • Assessed Improvements Value: $1,840,320

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Transaction ID: 11622887018
  • Current Sale Price: $2,842,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000257018
  • Previous Sale Recording Date: Mar 02, 2006
  • Previous Sale Contract Date: Feb 01, 2006
  • Previous Sale Amount: $2,895,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 17, 2019
  • First Mortgage Loan Amount: $1,989,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: JAYCO CAPITAL GROUP
  • Previous Mortgage Transaction Date: Mar 02, 2006
  • Previous Mortgage Loan Amount: $1,200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Newport Beach



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Frequently Asked Questions

What neighborhood is 511 Fullerton Avenue located in?
The 511 Fullerton Avenue is a located in the neighborhood of Newport Heights in Newport Beach, Newport Beach.
What is the average sales price for listings in 511 Fullerton Avenue?
The average sales price for units in 511 Fullerton Avenue is $0 currently.

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