Sold Jun 24, 2020
$1,200,000
$975,000
by First Republic Bank
Mortgage Due Oct 01, 2051
Sold Jun 13, 2007
$1,485,000
Buyer
Seller
$950,000
by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2037
516 Orchid Avenue in Corona Del Mar, 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 condo style.
There are a total of 0 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
516 Orchid Avenue has 1,530 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.
Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 218 sqft. There is one available parking space. The property was last sold in May 19, 2020 for $1,200,000. That's $784.31 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2007 for $1,485,000. 516 Orchid Avenue was last assessed in 2023. The total value of the property was assessed at $1,514,234. Specifically, the land the property is located on was valued at $1,317,257. While improvements on the property were assessed at a total of $196,977. 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 $16,249. 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.
Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 218 sqft. There is one available parking space. The property was last sold in May 19, 2020 for $1,200,000. That's $784.31 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2007 for $1,485,000. 516 Orchid Avenue was last assessed in 2023. The total value of the property was assessed at $1,514,234. Specifically, the land the property is located on was valued at $1,317,257. While improvements on the property were assessed at a total of $196,977. 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 $16,249. 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.
This property description is generated based on publicly available data.
Building Info
Overview
Building
Neighborhood
Geography
About Corona del Mar
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