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229 Novel

Irvine, CA 92618

4 bd 3 ba 2,021 sqft Built 2022 condo
Most recent sale
$1,257,141
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 8, 2026 Listing removed $5,500 CRMLS
Apr 29, 2026 Listed for rent $5,500 CRMLS
Jul 31, 2023 Listed for rent $5,380 CRMLS
Mar 3, 2023 Listing removed $5,800 CRMLS
Jul 14, 2022 Sold $1,257,141 MLS #22-166907
Jun 21, 2022 Price changed $1,290,000 MLS #22-166907
Jun 11, 2022 Listed $1,325,000 MLS #22-166907
Jun 7, 2022 Price changed $1,290,000 MLS #OC22085025
Apr 29, 2022 Listed $1,340,000 MLS #OC22085025
Apr 28, 2022 Sold $990,020 MLS #EV21085127
Apr 22, 2021 Listed $990,990 MLS #EV21085127

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $416,250 $891,678 $1,307,928 $19,844
2024 $416,250 $891,678 $1,307,928 $19,454
2023 $400,088 $857,053 $1,257,141 $19,029
2022 $225,615 $374,376 $599,991 $12,087
2021 $367,036 $367,036 $3,940

Property facts

Year built
2022
Property type
condo
Stories
Beds
4
Baths
3
Living area
2,021 sqft
Lot size
ZIP code
92618
City
Irvine
Street
Novel
Coordinates
33.69144, -117.73843

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,467
Gross rental yield
6.17%
Implied cap rate
4.01%
Trend-extrapolated value

Frequently asked questions

When did 229 Novel last sell?
229 Novel most recently sold on Jul 14, 2022 for $1,257,141.
What is the current tax assessment for 229 Novel?
The most recent total assessment for 229 Novel (year 2025) is $1,307,928 with $19,844 in property tax.
How does 229 Novel's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,257,141.
When was 229 Novel built?
229 Novel was built in 2022.
How does 229 Novel compare to others on Novel?
We track 8 other properties on Novel. Browse the list under "Other properties on Novel" to compare beds, baths, and sale history.
What are the property facts for 229 Novel?
229 Novel is a 4 bed, 3 bath, 2,021 sqft condo.
Is 229 Novel a flip candidate?
Yes — 229 Novel appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 229 Novel a tax-appeal candidate?
No — 229 Novel is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.7%
2026 Q3
$1.69M
2026 Q4
$1.69M
ZIP 92618 — Median Price History + Forecast

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