NOT LISTED FOR SALE

Estimated Value: $6,298,000 - $10,253,662

3 Beds
3.5 Baths
2,895 Sq Ft
$2,665/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $7,175,000 $2,478 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $50,724/month

19 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Abraham Lincoln Elementary School Rated A
  • Updated Kitchen
  • Main Floor Bedroom

About This Home

As of February 2019

Newly remodeled View home on the coveted street of Dolphin Terrace on a large 11,000+ sqft lot , in the most sought- after Corona Del Mar community, Irvine Terrace. You can enjoy multiple views throughout this home of the ocean, bay, and Catalina with floor to ceiling windows, doors & motorized blinds. This view is arguably the BEST IN NEWPORT BEACH! This gorgeous home is complete with Viking stove, Subzero refrigerator, hand chiseled stone floors, custom cabinetry, newly repaired interiors, two secondary suites with separate patio’s, full baths, and walk in closets. The master has a large walk in closet, sliding doors that open to the suites very own private patio, and large bath. Enjoy the homes private courtyard at the front entrance of the home, or take in the views from the back patio. WALK to Corona del Mar village for the best restaurants, Fashion island for luxury shopping, the Yacht club, Corona del Mar state beach, and Irvine Terrace Park.

Last Agent to Sell the Property

Hanna Karcho-Polselli

Luxury Fine Homes, Inc. License #01982040 Listed on: 12/19/2018

Co-Listed By

Melanie Greiner

RE/MAX One License #02012021

Last Buyer's Agent

Ronald Schreiber

California Realty Experts License #00670467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,720

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Brick Fence
  • Private Yard
  • Front Yard

HOA Fees

  • $47 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Bridge
  • City Lights

Home Design

  • Contemporary Architecture
  • Turnkey
  • Combination Foundation
  • Concrete Roof
  • Stone Siding

Interior Spaces

  • 2,895 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Sliding Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Smart Home

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2334
  • Assessor Parcel Number 05028110

Community Details

Overview

  • Irvine Terrace Association, Phone Number (800) 428-5588

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,720

Year Built

Built in 1955

Lot Details

0

HOA Fees

$47 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 248-568-3077
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05028110
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2895.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Home Automation System
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2478.41
  • Room Type: Family Room, Formal Entry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Two Masters, Walk-In Closet
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • View: Bridge(s), Catalina, City Lights, Coastline, Harbor, Ocean, Water
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Patio Open, Stone
  • Pool Private: No
  • Roof: Concrete
  • Spa: No
  • Construction Materials: Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Electric, Fireplace(s)
  • Laundry Features: Common Area, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Dues Paid Annually
  • Association Fee: 560.00
  • Association Fee Frequency: Annually
  • Association Name: Irvine Terrace
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 11023.00
  • Lot Size Acres: 0.2531

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11023.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 12
  • Tax Tract Number: 2334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Feb 4, 2019
Sold by
Berk Properties Llc
Bought by
Long Randall C and Long Mary F
Seller's Agent
Hanna Karcho-Polselli
Luxury Fine Homes, Inc.
Buyer's Agent
Ronald Schreiber
California Realty Experts
List Price
$7,500,000
Sold Price
$7,175,000
Premium/Discount to List
-$325,000
-4.33%
Current Estimated Value
$7,714,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,416
Avg. Annual Appreciation
1.12%
Original Mortgage
$5,000,000
Outstanding Balance
$4,404,712
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$3,309,704

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 1, 2018
Sold by
Narz John
Bought by
Berk Properties Llc
Seller's Agent
John Narz
Baytown Realty
Buyer's Agent
Melanie Greiner
RE/MAX One
List Price
$5,800,000
Sold Price
$5,740,000
Premium/Discount to List
-$60,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.84%
Original Mortgage
$4,592,000
Interest Rate
4.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Christie Richard
Bought by
Cullen Ann R

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
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2000
Sold by
Phillips Harry W
Bought by
Marr Peter L and Marr Shirley M
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Long Randall C $7,175,000 Lawyers Title Company
Berk Properties Llc $5,740,000 Lawyers Title Co
Cullen Ann R $3,500,000 Stewart Title Irvine
Marr Peter L $1,575,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Randall C $5,000,000
Previous Owner Berk Properties Llc $4,592,000
Previous Owner Cullen Ann R $1,000,000
Previous Owner Christie Richard $200,000
Previous Owner Christie Richard $1,600,000
Previous Owner Christie Richard $75,000
Previous Owner Marr Peter L $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $7,175,000 -4.3% $2,478 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $7,500,000 +30.7% $2,591 / Sq Ft
11/21/2018 11/21/18 Sold $5,740,000 -1.0% $1,983 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $5,800,000 -- $2,003 / 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 $103,720 $10,016,408 $7,480,550 $2,535,858
2024 $103,720 $9,820,008 $7,333,872 $2,486,136
2023 $99,778 $9,481,837 $7,190,070 $2,291,767
2022 $89,478 $8,472,370 $7,049,089 $1,423,281
2021 $78,835 $7,458,287 $6,910,872 $547,415
2020 $77,413 $7,318,500 $6,790,523 $527,977
2019 $60,706 $5,740,000 $5,246,239 $493,761
2018 $46,241 $4,373,492 $3,931,238 $442,254
2017 $45,420 $4,287,738 $3,854,155 $433,583
2016 $44,394 $4,203,665 $3,778,583 $425,082
2015 $43,978 $4,140,523 $3,721,826 $418,697
2014 $42,939 $4,059,416 $3,648,920 $410,496
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18293890

California Regional Multiple Listing Service (CRMLS)

APN: 050-281-10