NOT LISTED FOR SALE

Estimated Value: $4,242,000 - $8,158,463

5 Beds
2.5 Baths
2,639 Sq Ft
$2,397/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $3,033,000 $1,149 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $36,745/month

350 Days on Market

Highlights

  • Private Pool
  • 0.39 Acre Lot
  • Main Floor Bedroom
  • Harbor View Elementary School Rated A
  • Canyon View
  • Cul-De-Sac

About This Home

As of January 2021

New Pricing on a lot which could be your ideal compound! Beautifully located in one of the prime locations in Harbor View Hills South . . . oriented perfectly on the canyon's rim with un-ending, front line views of Buck Gully, welcome to 1448 Key View. This special parcel offers a compliment of unusual components, including a HUGE lot size of over 17,000 Sq. Ft.,a prime cul-de-sac location, and not a roof top obstruction in sight which will certainly advantage the savvy. Currently, hosting an approx. 2,600+ Sq. Ft. 5 Bedroom Single-Story Structure which is just waiting for your creative input and imagination, this is the perfect project to either remodel in place, expand or begin anew with your Dream Home in one of the most central locations in all of Corona del Mar! Moments from World-Class Shopping & Dining, Pelican Hill Resort and Golf Course, and some of the most pristine beaches in the world! Bring your favorite architect, designer, builder or visionary, but please don’t come without an appointment to show! Agent must accompany ALL showings Please review COVID Policy here https://drive.google.com/file/d/1KOevjT-8R-lvBdn79akm1p0DMhBIHvrY/view

Last Agent to Sell the Property

Jody Chapman

Compass License #01338862 Listed on: 02/11/2020

Compass

Last Buyer's Agent

Jody Chapman

Compass License #01338862 Listed on: 02/11/2020

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Flag Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Planned Development

Interior Spaces

  • 2,639 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Canyon Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Cooling Available
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 612
  • Assessor Parcel Number 45823114

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Harbor View Hills 2 (HAV2)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45823114
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2639.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1149.30
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • View: Canyon
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 80.00
  • Association Fee Frequency: Monthly
  • Association Name: On file
  • Phone: on file
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Gutters, Sidewalks, Street Lights
  • Association Management: On File

Schools

  • 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: Cul-De-Sac, Lot 10000-19999 Sqft, Flag Lot
  • Lot Size Sq Ft: 17025.00
  • Lot Size Acres: 0.3908

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17025.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 55
  • Tax Tract Number: 612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Shultz Nancy Elizabeth
Bought by
Nancy E Shultz Trust and Shultz
Current Estimated Value
$6,325,366

Purchase Details

Closed on
Apr 1, 2021
Sold by
Ellison Richard L and The Richard L Ellison Trust
Bought by
Ellison Richard L and The Richard L Ellison Iv Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,819,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2020
Closed on
Feb 18, 2021
Sold by
Ellison Richard L and The Richard L Elilson Trust
Bought by
Shultz Nancy Elizabeth and Ellison Richard L
Seller's Agent
Jody Chapman
Compass
Buyer's Agent
Jody Chapman
Compass
List Price
$3,495,000
Sold Price
$3,033,000
Premium/Discount to List
-$462,000
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.18%
Original Mortgage
$1,819,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2020
Closed on
Jan 27, 2021
Sold by
Miehe Jeffrey Alan and Miehe Shannon Bogle
Bought by
Ellison Richard L and Richard L Ellison Trust
Seller's Agent
Jody Chapman
Compass
Buyer's Agent
Jody Chapman
Compass
List Price
$3,495,000
Sold Price
$3,033,000
Premium/Discount to List
-$462,000
-13.22%

Purchase Details

Closed on
May 28, 2013
Sold by
Correia Rosemarie Smith
Bought by
Miehe Jeffrey Alan and Miehe Shannon Bogle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2011
Sold by
Northern Trust Na
Bought by
Correia Rosemarie Smith and The Rosemarie Smith Correia Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Collins James E
Bought by
Northern Trust Na and The J/C Collins Family Exemption Trust

Purchase Details

Closed on
Aug 25, 2005
Sold by
Collins James E
Bought by
Collins James E and J C Collins Family Exemption Trust

Purchase Details

Closed on
May 5, 1997
Sold by
Collins James E and Collins Carmen G
Bought by
Collins James E and Collins Carmen G
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
Nancy E Shultz Trust -- None Listed On Document
Ellison Richard L -- First American Title Company
Shultz Nancy Elizabeth -- Accommodation
Ellison Richard L $3,033,000 First American Title Company
Miehe Jeffrey Alan $1,975,000 California Title Company
Correia Rosemarie Smith $1,725,000 Stewart Title
Northern Trust Na -- None Available
Collins James E -- --
Collins James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellison Richard L $1,819,800
Previous Owner Miehe Jeffrey Alan $1,185,000
Previous Owner Correia Rosemarie Smith $729,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $3,033,000 -5.1% $1,149 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
05/07/2020 05/07/20 Price Changed $3,195,000 -8.6% $1,211 / Sq Ft
02/11/2020 02/11/20 For Sale $3,495,000 -- $1,324 / 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 $41,098 $4,791,634 $3,037,796 $1,753,838
2024 $41,098 $3,868,463 $2,978,232 $890,231
2023 $34,578 $3,262,232 $2,919,836 $342,396
2022 $32,907 $3,093,660 $2,862,585 $231,075
2021 $23,897 $2,236,701 $2,009,666 $227,035
2020 $23,668 $2,213,767 $1,989,059 $224,708
2019 $23,178 $2,170,360 $1,950,058 $220,302
2018 $22,716 $2,127,804 $1,911,821 $215,983
2017 $22,314 $2,086,083 $1,874,334 $211,749
2016 $21,813 $2,045,180 $1,837,582 $207,598
2015 $21,608 $2,014,460 $1,809,980 $204,480
2014 $21,098 $1,975,000 $1,774,525 $200,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20030706

California Regional Multiple Listing Service (CRMLS)

APN: 458-231-14