NOT LISTED FOR SALE

Estimated Value: $4,025,000 - $6,256,000

5 Beds
3 Baths
3,376 Sq Ft
$1,602/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $2,225,000 $659 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $31,290/month

111 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Recreation Room
  • Abraham Lincoln Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Traditional Architecture

About This Home

As of August 2015

Spectacular City Lights and Mountain Views await you with this stylish & spacious home on a large lot of 12,197 sq ft in prestigious Spyglass Hill in Corona del Mar. Offering a wonderful spacious and bright open floor plan with 5 bedrooms, 3 full baths & large bonus room (possible 6th bedroom). The home has been extensively remodeled with designer appointments throughout including Travertine flooring, crown molding, remodeled kitchen, bathrooms, and custom closets throughout. Beautifully remodeled gourmet kitchen has custom cabinetry and a customized pantry, granite countertops, top-of-the-line stainless steel appliances and opens onto the huge family room. Additional features offered in this home are 3 fireplaces, a generous sized main floor bedroom with full bath, 3 car garage & peek-a-boo ocean-view from 2nd level. Custom French doors in the living room & formal dining room open to a gorgeous pool-size backyard offering several entertainment areas with fabulous city lights and snow capped mountain views providing for great indoor and outdoor living. Spectacular Disneyland fireworks display every night! Attractively priced & appealing for anyone who appreciates style, space, & luxury living with views.

Last Agent to Sell the Property

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 04/05/2015

Douglas Elliman Of California

Last Buyer's Agent

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 04/05/2015

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,112

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 0.28 Acre Lot
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Peek-A-Boo
  • Mountain
  • Hills
  • Valley

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,376 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Casement Windows
  • Window Screens
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Center Hall

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Converted Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 7432
  • Assessor Parcel Number 45849212

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,112

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Spyglass Hill (SPYH)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45849212
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3376.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 659.06
  • Room Type: Bonus Room, Converted Bedroom, Center Hall, Family Room, Formal Entry, Foyer, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet, Recreation, Separate Family Room, Office, Utility Room
  • Window Features: Casement Windows, Plantation Shutters, Screens

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • View: City Lights, Hills, Mountain(s), Ocean, Panoramic, Peek-A-Boo, Valley
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Covered, Concrete, Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 375.00
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 12197.00
  • Price Per Lot Square Foot: 182.42
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12197.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 35
  • Tax Tract Number: 7432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2015
Closed on
Aug 20, 2015
Sold by
Akhtarkhavari Rasheen
Bought by
Ataian Hootan
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$2,449,000
Sold Price
$2,225,000
Premium/Discount to List
-$224,000
-9.15%
Current Estimated Value
$5,409,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,184,713
Avg. Annual Appreciation
9.12%
Original Mortgage
$1,500,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2015
Closed on
Jul 20, 2015
Sold by
Ainsworth Christopher Lee and Ainsworth Amy Hughes
Bought by
Ataian Hootan
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$2,449,000
Sold Price
$2,225,000
Premium/Discount to List
-$224,000
-9.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Hoffman Carsten and Hoffman Biljana
Bought by
Ainsworth Christopher Lee and Ainsworth Amy Hughes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,576,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Hoffmann Carsten and Hoffman Biljana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Mendel John W and Mendel Luan B
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2001
Sold by
Bean Barton P and Bean Marilyn P
Bought by
Mendel John W and Mendel Luan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
6.25%
Source: Public Records

Range of Values:

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Average Value
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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
Ataian Hootan -- California Title
Ataian Hootan $2,225,000 California Title
Ainsworth Christopher Lee -- None Available
Hoffmann Carsten $1,850,000 Equity Title Company
Cendant Mobility Financial Corp -- Equity Title Company
Mendel John W $975,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ataian Hootan $5,000,000
Closed Ataian Hootan $1,555,000
Closed Ataian Hootan $1,570,000
Closed Ataian Hootan $1,500,000
Closed Ataian Hootan $70,000
Previous Owner Ainsworth Christopher Lee $1,583,666
Previous Owner Ainsworth Christopher Lee $1,576,000
Previous Owner Hoffmann Carsten $230,000
Previous Owner Hoffmann Carsten $1,250,000
Previous Owner Mendel John W $910,000
Previous Owner Mendel John W $910,000
Previous Owner Mendel John W $682,500
Previous Owner Bean Barton P $595,000
Closed Mendel John W $243,750
Closed Ataian Hootan $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $2,225,000 -9.1% $659 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
04/05/2015 04/05/15 For Sale $2,449,000 -- $725 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $28,112 $2,687,007 $2,348,661 $338,346
2024 $28,112 $2,634,321 $2,302,609 $331,712
2023 $27,454 $2,582,668 $2,257,460 $325,208
2022 $27,000 $2,532,028 $2,213,196 $318,832
2021 $25,966 $2,433,361 $2,169,800 $263,561
2020 $25,717 $2,408,410 $2,147,551 $260,859
2019 $25,184 $2,361,187 $2,105,442 $255,745
2018 $24,682 $2,314,890 $2,064,159 $250,731
2017 $24,245 $2,269,500 $2,023,685 $245,815
2016 $23,700 $2,225,000 $1,984,004 $240,996
2015 $23,651 $2,215,000 $1,943,348 $271,652
2014 $21,424 $2,012,985 $1,741,333 $271,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15070867

California Regional Multiple Listing Service (CRMLS)

APN: 458-492-12