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240 Nice Ln

Newport Beach, CA 92663

2 bd 2 ba 1,136 sqft Built 1979 condos
Most recent sale
$915,000
Sep 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 9, 2022 Sold $915,000 MLS #NP22166958
Jul 29, 2022 Listed $1,075,000 MLS #NP22166958

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,472 $1,021,195 $1,214,667 $13,128
2024 $193,472 $1,021,195 $1,214,667 $12,918
2023 $215,000 $700,000 $915,000 $9,967
2022 $143,384 $210,274 $353,658 $4,010
2021 $140,573 $206,151 $346,724 $3,934
2020 $139,132 $204,037 $343,169 $3,895
2019 $136,404 $200,037 $336,441 $3,819
2018 $133,730 $196,115 $329,845 $3,744
2017 $131,108 $192,270 $323,378 $3,678
2016 $128,538 $188,500 $317,038 $3,597
2015 $126,608 $185,668 $312,276 $3,561
2014 $124,128 $182,031 $306,159 $3,476
2013 $123,568 $181,208 $304,776 $3,453
2012 $121,146 $177,654 $298,800 $3,348
2011 $118,771 $174,171 $292,942 $3,254
2010 $117,884 $172,869 $290,753 $3,209
2009 $118,165 $173,280 $291,445 $3,190
2008 $115,849 $169,882 $285,731 $3,101
2007 $113,578 $166,551 $280,129 $3,027

Property facts

Year built
1979
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,136 sqft
Lot size
ZIP code
92663
City
Newport Beach
Street
Nice Ln
Coordinates
33.62451, -117.93416

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
$3,635
Gross rental yield
4.77%
Implied cap rate
3.10%
Trend-extrapolated value

Frequently asked questions

When did 240 Nice Ln last sell?
240 Nice Ln most recently sold on Sep 9, 2022 for $915,000.
What is the current tax assessment for 240 Nice Ln?
The most recent total assessment for 240 Nice Ln (year 2025) is $1,214,667 with $13,128 in property tax.
How does 240 Nice Ln's assessment compare to its last sale price?
The current assessment is 32.8% above the last sale price of $915,000.
When was 240 Nice Ln built?
240 Nice Ln was built in 1979.
How does 240 Nice Ln compare to others on Nice Ln?
We track 8 other properties on Nice Ln. Browse the list under "Other properties on Nice Ln" to compare beds, baths, and sale history.
What are the property facts for 240 Nice Ln?
240 Nice Ln is a 2 bed, 2 bath, 1,136 sqft condos.
Is 240 Nice Ln a flip candidate?
No — 240 Nice Ln does not appear in our flips dataset.
Is 240 Nice Ln a tax-appeal candidate?
Yes — 240 Nice Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.1%
Implied 1-yr
+12.4%
2026 Q3
$5.03M
2026 Q4
$5.16M
ZIP 92663 — Median Price History + Forecast

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