NOT LISTED FOR SALE

Estimated Value: $2,485,000 - $2,708,000

4 Beds
3.5 Baths
3,172 Sq Ft
$816/Sq Ft Est. Value

Last Sold November 15, 2017

Last sale price $1,495,000 $471 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $15,108/month

87 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Gated Community
  • Del Obispo Elementary School Rated A-
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of November 2017

Gorgeous Mediterranean Panoramic View Property, situated in the highly desired gated community of Terraza Del Mar. Once you enter the gated garden courtyard, there is access to a separate private Casita. You are then welcomed through newly installed wood-style double entry doors that open into the foyer and living room with vaulted ceiling, large fireplace, and french doors that open into scenic backyard. The gourmet kitchen offers oversized granite island w/ 6 burner gas stove, two separate ovens, spacious modern cabinets; also top line appliances that would please any chef. The kitchen opens into the family room, where there is also a fireplace, both rooms feature french doors fitted with invisible screen doors, which allow for that ocean breeze to flow through. The main floor is covered with 5" plank wood-style flooring. A separate laundry room is located off kitchen. The master suite also has views of city and hillsides, and also features a fireplace. All bathrooms have been recently remodeled. The master and upstairs guest bath both feature ceramic, glass tile, and stone tops. There is a large free-standing tub in master bath as well as a large vanity tower-perfect for storage. This home has been recently painted inside and out. The backyard is a great retreat first thing in the morning or at the end of a busy day with lovely views of hillsides, ocean, and city lights. CHECK OUT VIRTUAL TOUR !

Last Agent to Sell the Property

Diane Ballou

KW Spectrum Properties License #01294350 Listed on: 07/26/2017

KW Spectrum Properties

Last Buyer's Agent

Sheri Normandin

Berkshire Hathaway HomeService License #01930110

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • 9,600 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Back and Front Yard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 3,172 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Additional Features

  • Guest House
  • Property is near park
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 10333
  • Assessor Parcel Number 67346214

Community Details

Overview

  • Terraza Del Mar Association, Phone Number (949) 450-1515

Amenities

  • Laundry Facilities

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Terraza Del Mar (TDM)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67346214
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3172.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 471.31
  • Room Type: Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite
  • Window Features: Custom Covering, Double Pane Windows, Screens
  • Bathroom Features: Shower, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • View: City Lights, Hills, Ocean, Panoramic
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Cooktop, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Controlled Access
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraza Del Mar
  • Phone: 949-450-1515
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 9600.00

Multi Family

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

Tax Info

  • Tax Census Tract: 423.11
  • Tax Lot: 14
  • Tax Tract Number: 10333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Ghaly Nader and Nader And Ghaly Revocable Trus
Bought by
Ghaly Nader and Ghaly Mona
Current Estimated Value
$2,588,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$858,681
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,730,021

Purchase Details

Closed on
Nov 23, 2018
Sold by
Ghaly Nader and Ghaly Mona
Bought by
Ghaly Nader and Ghaly Mona

Purchase Details

Closed on
Sep 26, 2018
Sold by
Ghaly Nader and Ghaly Mona
Bought by
Ghaly Nader and Ghaly Mona

Purchase Details

Listed on
Jul 26, 2017
Closed on
Oct 24, 2017
Sold by
Herr Michelle D
Bought by
Ghaly Nader and Ghaly Mona
Seller's Agent
Diane Ballou
KW Spectrum Properties
Buyer's Agent
Sheri Normandin
Berkshire Hathaway HomeService
List Price
$1,640,000
Sold Price
$1,495,000
Premium/Discount to List
-$145,000
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.92%
Original Mortgage
$1,100,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2010
Sold by
Herr Gregory A
Bought by
Herr Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2010
Sold by
Gabrick Eve
Bought by
Herr Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Gabrick Dennis
Bought by
Gabrick Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1998
Sold by
Gildred Lynne E and Gildred Eve
Bought by
Gabrick Dennis and Gabrick Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,750
Interest Rate
7.07%

Purchase Details

Closed on
May 22, 1996
Sold by
Swette Glen
Bought by
Gabrick Dennis and Gabrick Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ghaly Nader -- Amrock Inc
Ghaly Nader -- None Available
Ghaly Nader -- None Available
Ghaly Nader -- None Available
Ghaly Nader -- None Available
Ghaly Nader $1,495,000 California Title Co
Herr Michelle D -- Western Resources Title
Herr Michelle D $1,030,000 Western Resources Title
Gabrick Eve -- First American Title Co Los
Gabrick Dennis -- Fidelity National Title Ins
Gabrick Dennis $25,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghaly Nader $975,000
Closed Ghaly Nader $1,100,000
Previous Owner Herr Michelle D $417,000
Previous Owner Gabrick Eve $600,000
Previous Owner Gabrick Dennis $478,750
Previous Owner Gabrick Dennis $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2017 11/15/17 Sold $1,495,000 -2.9% $471 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
09/22/2017 09/22/17 Price Changed $1,540,000 -3.7% $485 / Sq Ft
08/30/2017 08/30/17 Price Changed $1,599,000 -2.5% $504 / Sq Ft
07/26/2017 07/26/17 For Sale $1,640,000 -- $517 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,818 $1,701,051 $1,320,528 $380,523
2024 $16,818 $1,667,698 $1,294,636 $373,062
2023 $16,461 $1,634,999 $1,269,251 $365,748
2022 $16,146 $1,602,941 $1,244,364 $358,577
2021 $15,833 $1,571,511 $1,219,964 $351,547
2020 $15,675 $1,555,398 $1,207,455 $347,943
2019 $15,729 $1,524,900 $1,183,779 $341,121
2018 $15,840 $1,495,000 $1,160,567 $334,433
2017 $12,003 $1,145,582 $766,396 $379,186
2016 $12,088 $1,123,120 $751,369 $371,751
2015 $11,677 $1,106,250 $740,083 $366,167
2014 $11,504 $1,084,581 $725,586 $358,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17164308

California Regional Multiple Listing Service (CRMLS)

APN: 673-462-14