NOT LISTED FOR SALE

1247 Bayside Dr Unit 111 Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $2,981,733 - $3,608,000

2 Beds
2 Baths
1,651 Sq Ft
1960 Built

Last Sold May 09, 2012

Last sale price $1,800,000 $1,090 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $21,151/month

97 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • Family Room Off Kitchen
  • Abraham Lincoln Elementary School Rated A
  • Covered Patio or Porch
  • Crown Molding

About This Home

As of May 2012

Located in the coveted Mai Kai's, this single level bay front town home offers gorgeous channel and sunset views. The stylish design and fantastic location make this the perfect weekend getaway or primary home. The residence has been extensively remodeled, featuring Travertine flooring, crown moulding, built-in speakers and entertainment center, and custom fireplace. The kitchen offers dark granite countertops, stainless steel appliances, garden window and a Dutch door that leads to a private courtyard entry w/ security gate. With large windows that allow ample natural light and extraordinary views from the living room, dining room and large bay front patio, this home is perfect for entertaining. This home is within close proximity to Balboa Island and Fashion Island shopping.

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 01/20/2012

Co-Listed By

Brett Wyland

Coldwell Banker Realty License #01083782

Last Buyer's Agent

Gordon Henry

Pacific Sotheby's Int'l Realty License #00704984

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,711

Year Built

  • Built in 1960 | Remodeled

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 1,651 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Custom Window Coverings
  • Family Room Off Kitchen
  • Living Room Balcony
  • Stone Flooring
  • Bay Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • Master Insurance
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8917
  • Assessor Parcel Number 93454011

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,711

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-640-3630
  • Property Attached: Yes
  • Subdivision Name Other: Mai Kai Condos
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93454011
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1651.00
  • Interior Amenities: Crown Molding, Living Room Balcony, Recessed Lighting
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Family Kitchen
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 1090.25
  • Window Features: Custom Covering

Exterior Features

  • Patio: Yes
  • View: Bay
  • Fence: No
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Shingle, Wood
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener, Built-In Storage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 624.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8917

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2012
Closed on
Apr 16, 2012
Sold by
Kinosian Aram H
Bought by
Busacca Brian and Virginia Trust #1
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
List Price
$2,095,000
Sold Price
$1,800,000
Premium/Discount to List
-$295,000
-14.08%
Current Estimated Value
$3,519,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,719,112
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Sep 3, 2004
Sold by
Kinosian Sheila Joyanne
Bought by
Kinosian Aram H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2004
Sold by
Birmingham Realty Services Inc
Bought by
Kinosian Aram H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1995
Sold by
James Mary Helen
Bought by
James Mary Helen and Ralph W James Marital Deduction Trust
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
Busacca Brian $1,800,000 Equity Title Company
Busacca Brian $1,800,000 Equity Title Company
Kinosian Aram H -- Alliance Title Company
Kinosian Aram H -- Alliance Title Company
Kinosian Aram H $2,000,000 Alliance Title Company
Kinosian Aram H $2,000,000 Alliance Title Company
James Mary Helen -- --
James Mary Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Endert Heidi $405,000
Previous Owner Kinosian Aram H $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2012 05/09/12 Sold $1,800,000 -14.1% $1,090 / Sq Ft
01/20/2012 01/20/12 For Sale $2,095,000 -- $1,269 / 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 $23,711 $2,260,898 $2,095,501 $165,397
2024 $23,711 $2,216,567 $2,054,413 $162,154
2023 $23,156 $2,173,105 $2,014,130 $158,975
2022 $22,772 $2,130,496 $1,974,638 $155,858
2021 $22,336 $2,088,722 $1,935,920 $152,802
2020 $22,122 $2,067,305 $1,916,069 $151,236
2019 $21,664 $2,026,770 $1,878,499 $148,271
2018 $21,232 $1,987,030 $1,841,666 $145,364
2017 $20,857 $1,948,069 $1,805,555 $142,514
2016 $20,389 $1,909,872 $1,770,152 $139,720
2015 $20,197 $1,881,184 $1,743,562 $137,622
2014 $19,721 $1,844,335 $1,709,408 $134,927
Source: Public Records

Agents Affiliated with this Home

  • Tim Carr

    Seller's Agent in 2012

    Tim Carr

    Pacific Sotheby's Int'l Realty

    (949) 230-8454

    8 in this area

    153 Total Sales

    Section Image
  • Brett Wyland

    Seller Co-Listing Agent in 2012

    Brett Wyland

    Coldwell Banker Realty

    (714) 325-1436

    2 in this area

    70 Total Sales

    Section Image
  • Gordon Henry

    Buyer's Agent in 2012

    Gordon Henry

    Pacific Sotheby's Int'l Realty

    (949) 500-1236

    8 in this area

    30 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000402

California Regional Multiple Listing Service (CRMLS)

APN: 934-540-11

California Orange County Corona Del Mar 92625 Corona Del Mar

1247 Bayside Dr Unit 111, Corona Del Mar, CA

This home is located at 1247 Bayside Dr Unit 111, Corona Del Mar, CA 92625 since 20 January 2012 and is currently estimated at $3,342,244, approximately $2,024 per square foot. This property was built in 1960. 1247 Bayside Dr Unit 111 is a home located in Orange County with nearby schools including Abraham Lincoln Elementary School, Corona del Mar Middle and High School, and German School Campus.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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