| Primary address | 1242 Somerset Lane, Newport Beach |
| Zip code | 92660 |
| County | Orange |
| Neighborhood | Westcliff |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 08/16/2021 |
| Sale price | $2,750,000 |
| Arm's length | Register |
| Property tax | $30,575 |
| Building sqft | 3,194 |
| Building class | Single Family Residential (1) |
| Acreage | 0.277
|
| Year built | 1959 |
| Year last altered | Register |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Zoning district | Single-Unit Residential Detached (R-1-6000) |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Property reports include comprehensive occupancy, improvement and development information (where available).
Create a free account to access valuable data points such as:
1242 Somerset Lane, Newport Beach, CA 92660 was built in 1959 and has a total of 3,194 square feet.
What is the assessed value of 1242 Somerset Lane, Newport Beach, CA 92660 and the property tax paid?Assessed at $2,918,322, the tax amount paid for 1242 Somerset Lane, Newport Beach, CA 92660 is $30,575.
When was 1242 Somerset Lane, Newport Beach, CA 92660 last sold and what was the last sale price?1242 Somerset Lane, Newport Beach, CA 92660 was last sold in 08/16/2021 for $2,750,000.
View detailed property contacts like owners, building management, representatives from permits and tenants with a free account.
Create a free account to view the complete sales history for 1242 Somerset Lane, Newport Beach, including title documents, transfer conditions, mortgages and liens.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 1242 Somerset Lane, Newport Beach, CA 92660. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax | $30,575 |
| Market value | $2,918,322 |
Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.
| Description | Special assessment | Phone number |
|---|---|---|
| Mosq,fire ant assmt | Register | (800) 273-5167 |
| MWD water stdby CHG | Register | (866) 807-6864 |
| Oc san regional sewer fee | Register | (714) 593-7281 |
| Vector control CHG | Register | (800) 273-5167 |
Here's the assessment & property tax history for 1242 Somerset Lane, Newport Beach, including the evolution of the total tax rate and corresponding property tax.
| Year | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|
| 2025-2026 | $2,918,322 | 1.0477 | $30,575 | +1.56% |
| 2024-2025 | $2,861,100 | 1.0522 | $30,104 | +2.38% |
| 2023-2024 | $2,805,000 | 1.0483 | $29,405 | +1.66% |
| 2022-2023 | $2,750,000 | 1.0518 | $28,925 | +22.33% |
| 2021-2022 | $2,247,456 | 1.0521 | $23,645 | +0.96% |
The complete history of permits filed for 1242 Somerset Lane, Newport Beach, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Newport Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Newport Beach and compare it to other neighborhoods in Orange County.
Check out recently sold homes in Newport-Beach and see how their prices compare.
Create a free account to unlock extended information for 1242 Somerset Lane, Newport Beach, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
Access the detailed traffic volume map for 1242 Somerset Lane, Newport Beach to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
| View daily traffic map |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Mariners Elementary School | 7 | Public | K-6 | 524 | 0.52 |
| International School for Science and Culture | NR | Charter | K-8 | 130 | 0.85 |
| Woodland Elementary School | NR | Public | K-2 | 435 | 1.14 |
| Our Lady Queen Of Angels | NR | Private | K-8 | 424 | 1.21 |
| Newport Heights Elementary School | 7 | Public | K-6 | 461 | 1.34 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Newport Academy Day School | NR | Private | 8-12 | 10 | 0.73 |
| International School for Science and Culture | NR | Charter | K-8 | 130 | 0.85 |
| Horace Ensign Intermediate School | 8 | Public | 7-8 | 915 | 1.16 |
| Our Lady Queen Of Angels | NR | Private | K-8 | 424 | 1.21 |
| Corona Del Mar High School | 8 | Public | 7-12 | 2,059 | 1.27 |
| Name | Rating | Type | Grade range | No of students | Distance to school (mi) |
|---|---|---|---|---|---|
| Newport Academy Day School | NR | Private | 8-12 | 10 | 0.73 |
| Newport Harbor High School | 8 | Public | 9-12 | 2,268 | 0.94 |
| Corona Del Mar High School | 8 | Public | 7-12 | 2,059 | 1.27 |
| GERMAN SCHOOL campus | NR | Private | 3-12 | 0 | 1.40 |
| Newport Christian School | NR | Private | K-12 | 257 | 1.85 |
Data provided by GreatSchools.org © 2025. All rights reserved.
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