NOT LISTED FOR SALE

340 Cherry Tree Ln Newport Beach, CA 92660

Eastside Costa Mesa Neighborhood

Estimated Value: $3,010,773 - $3,782,000

4 Beds
5 Baths
3,246 Sq Ft
$1,018/Sq Ft Est. Value

About This Home

This home is located at 340 Cherry Tree Ln, Newport Beach, CA 92660 and is currently estimated at $3,305,693, approximately $1,018 per square foot. 340 Cherry Tree Ln is a home located in Orange County with nearby schools including Heinz Kaiser Elementary School, Woodland Elementary School, and Horace Ensign Intermediate School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2019
Sold by
Prasad Nrapendra
Bought by
Prasad Nrapendra and The Nrapendra Prasad Trust
Current Estimated Value
$3,299,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,969,812
Interest Rate
3.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 31, 2015
Sold by
Prasad Nrapendra
Bought by
Prasad Nrapendra and Nrapendra Prasad Trust

Purchase Details

Closed on
Sep 13, 2000
Sold by
Prasad Nrapendra
Bought by
Prasad Nrapendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Prasad Nrapendra -- Fnc Title Services Llc
Prasad Nrapendra -- None Available
Prasad Nrapendra -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Prasad Nrapendra $1,969,812
Closed Prasad Nrapendra $400,000
Closed Prasad Nrapendra $150,000
Closed Prasad Nrapendra $245,000
Closed Reed Valerie B $92,151
Closed Reed Valerie B $92,767
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
2024 $3,020 $214,248 $39,076 $175,172
2023 $2,915 $210,048 $38,310 $171,738
2022 $2,834 $205,930 $37,559 $168,371
2021 $2,763 $201,893 $36,823 $165,070
2020 $2,722 $199,823 $36,445 $163,378
2019 $2,662 $195,905 $35,730 $160,175
2018 $2,608 $192,064 $35,029 $157,035
2017 $2,567 $188,299 $34,343 $153,956
2016 $2,516 $184,607 $33,669 $150,938
2015 $2,490 $181,835 $33,164 $148,671
2014 $2,437 $178,274 $32,515 $145,759
Source: Public Records

Map

California Orange County Newport Beach 92660 Eastside Costa Mesa

340 Cherry Tree Ln, Newport Beach, CA

This home is located at 340 Cherry Tree Ln, Newport Beach, CA 92660 and is currently estimated at $3,305,693, approximately $1,018 per square foot. 340 Cherry Tree Ln is a home located in Orange County with nearby schools including Heinz Kaiser Elementary School, Woodland Elementary School, and Horace Ensign Intermediate 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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