1230 Somerset Ln Newport Beach, CA 92660

$2,550,000 Sold Price as of 02/28/2018

4 Beds
3 Baths
2,852 Sq.Ft.

Off Market

$2,550,000 Sold Price as of 02/28/2018 Refinance Your Mortgage

Map preview of 1230 Somerset Ln, Newport Beach, CA 92660

Property Overview: 1230 Somerset Ln Newport Beach, CA has 4 bedrooms, 3 bathrooms, 2,852 living square feet and 12,180 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1230 Somerset Ln is currently an off market home in the city of Newport Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Newport Beach has a median list price of $4,200,000. The median price per/sqft for Newport Beach is $1,512. With those numbers in mind, if you are looking to purchase a median priced home in Newport Beach, CA and put 20% down you will need to save up $840,000 for the down payment and will need roughly $84,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Newport Beach the commission could be as much as $137,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1230 Somerset Ln

Last sold for $2,550,000 on March 2nd, 2018

March, 2018
Mar 5, 2018

Date

Sold

CRMLS: NP18012022

$2,550,000

Price
Jan 30, 2018

Date

Active Under Contract

CRMLS: NP18012022

$2,595,000

Price
Jan 23, 2018

Date

Price Change

CRMLS: NP18012022

$2,595,000

Price
Jan 17, 2018

Date

Active

CRMLS: NP18012022

$2,795,000

Price
Listing provided courtesy of CRMLS

Recently remodeled and presenting a sophisticated soft-contemporary ambiance, this spacious single-level home on a highly desirable lane in Newport Beach’s coveted Westcliff East neighborhood is destined to enrich your lifestyle. Wood flooring complements a large floorplan that is distinguished by 4 bedrooms and 3 baths, including a master suite with patio access, a chic bath and walk-in closet with furniture-caliber built-ins. The open design features a living room and a family room separated by a sleek see-through fireplace that warms both spaces. An island kitchen hosts bar seating, custom contemporary cabinetry, stainless steel appliances and a built-in refrigerator with cabinet-matched doors. Solid-surface countertops and custom tile work embellish bathrooms, and designer lighting fixtures and large window expanses lend appreciated style. An oversized homesite of more than 12,000 square feet reveals a circular driveway with ample guest parking in the front yard, and a private backyard with pool and spa, a waterfall flowing between them, a festive fire pit, a built-in BBQ and bar area, and built-in seating. Close to the outstanding schools of the Newport Harbor Unified School District, the home is convenient to Newport’s popular Back Bay, Newport Harbor, beaches, and the shops, restaurants and theaters at Fashion Island. John Wayne Airport is within easy reach, and the business centers of Newport, Irvine and Costa Mesa are moments away.

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February, 2018
Feb 28, 2018

Date

Sold (Public Records)

Public Records

$2,550,000

Price
January, 2018
Jan 17, 2018

Date

Expired

CRMLS: NP17255872

$2,795,000

Price
Nov 11, 2017

Date

Active

CRMLS: NP17255872

$2,795,000

Price
Listing provided courtesy of CRMLS

Recently remodeled and presenting a sophisticated soft-contemporary ambiance, this spacious single-level home on a highly desirable lane in Newport Beach’s coveted Dover Shores/Westcliff neighborhood is destined to enrich your lifestyle. Wood flooring complements a large floorplan that is distinguished by 4 bedrooms and 3 baths, including a master suite with patio access, a chic bath and walk-in closet with furniture-caliber built-ins. The open design features a living room and a family room separated by a sleek see-through fireplace that warms both spaces. An island kitchen hosts bar seating, custom contemporary cabinetry, stainless steel appliances and a built-in refrigerator with cabinet-matched doors. Solid-surface countertops and custom tile work embellish bathrooms, and designer lighting fixtures and large window expanses lend appreciated style. An oversized homesite of more than 12,000 square feet reveals a circular driveway with ample guest parking in the front yard, and a private backyard with pool and spa, a waterfall flowing between them, a festive fire pit, a built-in BBQ and bar area, and built-in seating. Close to the outstanding schools of the Newport Harbor Unified School District, the home is convenient to Newport’s popular Back Bay, Newport Harbor, beaches, and the shops, restaurants and theaters at Fashion Island. John Wayne Airport is within easy reach, and the business centers of Newport, Irvine and Costa Mesa are moments away.

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October, 2009
Oct 26, 2009

Date

Sold (Public Records)

Public Records

$1,225,000

Price

Tax History for 1230 Somerset Ln

Assessed Value (2020): $2,653,020

Year	Land Value	Improved Value	Assessed Value
2020	$2,383,710	$269,310	$2,653,020

About 1230 Somerset Ln

Detailed summary of property

1230 Somerset Ln is a single family home in Newport Beach, CA 92660 and last sold on February 28, 2018 for $2,550,000. This house has 4 bedrooms, 3 bathrooms, roughly 2,852 living square feet, and sits on an approximately 12,180 square foot lot. Homes in Newport Beach are selling for a median price of $2,750,000 and a median price per square foot of $1,406. Based on Ardent Real Estate Group's Newport Beach Market Data, this home is sold 7.27% lower than the current median priced home. 1230 Somerset Ln was last sold on February 28, 2018 for $2,550,000. Local nearby listings include 1180 Winslow Ln, 1542 Irvine Ave and 445 E 20th St. The average home in Newport Beach, CA is selling in 93 days. There are currently 272 homes for sale in the Newport Beach real estate market and 201 of them are single family homes while 56 of them are condos and 15 are townhomes. If you are the homeowner and looking to sell the home at 1230 Somerset Ln Newport Beach, CA 92660 contact Ardent Real Estate Group and we will put you in touch with one of our Newport Beach agents.

Public Facts for 1230 Somerset Ln

Public county record property details

Beds: 4
Baths: 3
Year built: 1958
Sq. Ft.: 2,852
Lot Size: 12,180
Stories: 1

Type: Single Family Residential
Pool: Yes
Spa: Yes
County: Orange
Lot#: 29
APN: 117-462-18

The source for these homes facts are from public records.

92660 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$3,995,000

Median List Price/Sq.Ft.

$1,300

Median Sold Price

$2,500,000

Median Sold Price/Sq.Ft.

$1,110

Total Inventory

125

Median Sale to List Price %

89.32%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (33.33%), Other (44.44%)

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