NOT LISTED FOR SALE

1222 Somerset Ln Newport Beach, CA 92660

Mariners Neighborhood

Estimated Value: $6,145,000 - $7,091,467

5 Beds
5 Baths
5,138 Sq Ft
$1,297/Sq Ft Est. Value

About This Home

This home is located at 1222 Somerset Ln, Newport Beach, CA 92660 and is currently estimated at $6,663,367, approximately $1,296 per square foot. 1222 Somerset Ln is a home located in Orange County with nearby schools including Mariners Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2008
Sold by
Byers Mark R and Byers Elaine M
Bought by
Byers Mark Randolph and Byers Elaine Marie
Current Estimated Value
$6,663,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 2006
Sold by
Moore John Rex and Moore Rhonda K
Bought by
Byers Mark R and Byers Elaine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Moore John Rex and Moore Rhonda K
Bought by
Moore John Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2004
Sold by
Moore John Rex and Moore Rhonda K
Bought by
Moore John Rex and Moore Rhonda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,695,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2003
Sold by
Moore John Rex and Moore Rhonda Kaye
Bought by
Moore John Rex and Moore Rhonda K

Purchase Details

Closed on
Jun 14, 2000
Sold by
Wendt Richard E
Bought by
Moore John Rex and Moore Rhonda Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
10.12%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Byers Mark Randolph -- None Available
Byers Mark R $2,876,500 Ticor Title Insurance
Moore John Rex -- Chicago Title Co
Moore John Rex -- First American Title Co
Moore John Rex -- First American Title Co
Moore John Rex -- First American Title Co
Moore John Rex -- First American Title Co
Moore John Rex -- --
Moore John Rex $725,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byers Mark R $500,000
Closed Byers Mark Randolph $714,000
Closed Byers Mark R $500,000
Previous Owner Byers Mark R $1,000,000
Previous Owner Moore John Rex $200,000
Previous Owner Moore John Rex $1,695,000
Previous Owner Moore John Rex $1,500,000
Previous Owner Moore John Rex $471,250
Previous Owner Wendt Richard E $500,000
Closed Moore John Rex $43,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $40,072 $3,853,570 $2,393,334 $1,460,236
2024 $40,072 $3,778,010 $2,346,406 $1,431,604
2023 $39,135 $3,703,932 $2,300,398 $1,403,534
2022 $38,488 $3,631,306 $2,255,292 $1,376,014
2021 $37,747 $3,560,104 $2,211,070 $1,349,034
2020 $37,385 $3,523,600 $2,188,398 $1,335,202
2019 $36,605 $3,454,510 $2,145,488 $1,309,022
2018 $35,872 $3,386,775 $2,103,420 $1,283,355
2017 $35,235 $3,320,368 $2,062,176 $1,258,192
2016 $30,102 $2,842,000 $1,752,097 $1,089,903
2015 $28,121 $2,638,470 $1,548,567 $1,089,903
2014 $28,000 $2,638,470 $1,548,567 $1,089,903
Source: Public Records

Map

California Orange County Newport Beach 92660 Mariners

1222 Somerset Ln, Newport Beach, CA

This home is located at 1222 Somerset Ln, Newport Beach, CA 92660 and is currently estimated at $6,663,367, approximately $1,296 per square foot. 1222 Somerset Ln is a home located in Orange County with nearby schools including Mariners Elementary School, Horace Ensign Intermediate School, and Newport Harbor High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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