NOT LISTED FOR SALE

Estimated Value: $6,508,331 - $7,345,000

4 Beds
4.5 Baths
3,650 Sq Ft
$1,876/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $4,356,000 $1,193 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $40,483/month

169 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Security
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Fishing
  • Updated Kitchen

About This Home

As of January 2021

Ideally located on one of the best streets in the California Riviera's seaside community of Corona Del Mar, 1512 Dolphin Ter. has been reimagined and rebuilt by famed builder Spinnaker Development. No detail was overlooked in this stud-down renovation which was finished off by the team at Bliss interior home who has put together another showcase residence. This turn-key single level Modern Craftsman showcases an open floor-plan with seamless indoor-outdoor design elements that open up through two linear sets of pocketing doors drawing you outside to the meticulously manicured private yard. The outdoor spaces are highlighted by tranquil & serene settings which are perfect for everyday living and for private gatherings and also feature a BBQ area, outdoor dinning, putting green, and beautiful water features. Bespoke design touches are showcased by textured wall paper, Euro-Oak flooring, paneled ceilings, and beautiful lighting fixtures. The chefs kitchen is complimented with a beautiful island clad in Calcutta marble with slab backsplash, the finest appliances, custom cabinetry, and is accentuated by multiple skylights. The open floor plan flows seamlessly between the kitchen, breakfast nook, and family room leading to the outdoor spaces. The home is perfectly situated in close proximity to Fashion Island, world class beaches, award wining schools, restaurants, and walking distance to Balboa Island & the newly updated Newport Beach Country Club.

Last Agent to Sell the Property

Victor Jimenez

Luxe Real Estate License #01715970 Listed on: 06/28/2020

Co-Listed By

Paul Daftarian

Luxe Real Estate License #01317949

Last Buyer's Agent

Victor Jimenez

Luxe Real Estate License #01715970 Listed on: 06/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,156

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 7,920 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • Density is up to 1 Unit/Acre

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available

Home Design

  • Contemporary Architecture
  • Bungalow
  • Brick Foundation
  • Fire Rated Drywall

Interior Spaces

  • 3,650 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Bay Window
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Self-Cleaning Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Home Security

  • Home Security System
  • Smart Home
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Schools

  • Lincoln Elementary And Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 1701
  • Assessor Parcel Number 05028204

Community Details

Overview

  • Irvine Terrace Community Association, Phone Number (949) 448-6000
  • Built by Spinnaker
  • Irvine Terrace Subdivision

Recreation

  • Golf Course Community
  • Community Playground
  • Fishing
  • Dog Park
  • Water Sports
  • Bike Trail

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,156

Year Built

Built in 2011 | Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Number: 9493074579
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Architectural Style: Bungalow, Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05028204
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3650.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Bar, Beamed Ceilings, Built-in Features, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Vacuum Central, Wired for Data, Wired for Sound
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Kitchen, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1193.42
  • Room Type: All Bedrooms Down, Bonus Room, Den, Exercise Room, Formal Entry, Guest/Maid's Quarters, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Window Features: Bay Window(s), Double Pane Windows, Skylight(s)
  • Bathroom Features: Shower, Double Sinks In Master Bath, Granite Counters, Remodeled, Separate Tub And Shower, Upgraded
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Remodeled Kitchen, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Brick/Mortar
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Stucco Wall
  • Builder Name: Spinnaker
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Range Hood, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground
  • Association Fee: 50.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Terrace Community Association
  • Phone: 949-448-6000
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Golf, Watersports, Sidewalks, Street Lights
  • Association Management: Irvine Terrace Community Association

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Lincoln
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Lincoln
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7920.00
  • Lot Size Acres: 0.1818

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7920.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 51
  • Tax Tract Number: 1701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Jan 27, 2021
Sold by
Roberts Rachel G and The Dolphin Terrace Trust
Bought by
Hull Brian J and Hull Family Trust
Seller's Agent
Victor Jimenez
Luxe Real Estate
Buyer's Agent
Victor Jimenez
Luxe Real Estate
List Price
$4,795,000
Sold Price
$4,356,000
Premium/Discount to List
-$439,000
-9.16%
Current Estimated Value
$6,847,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,491,083
Avg. Annual Appreciation
9.64%

Purchase Details

Closed on
Jun 19, 2020
Sold by
Yi David N and Yi Garland M
Bought by
Roberts Rachel G and The Dolphin Terrace Trust

Purchase Details

Closed on
Feb 11, 2013
Sold by
Yi David N and Yi David
Bought by
Yi David N and Yi Garland M

Purchase Details

Closed on
Oct 21, 2011
Sold by
Spinnaker Development Llc
Bought by
Yi David

Purchase Details

Closed on
Nov 23, 2009
Sold by
Waters Cathryn D
Bought by
Spinnaker Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,073,220
Interest Rate
5.03%
Mortgage Type
Construction

Purchase Details

Closed on
May 6, 1999
Sold by
Durkee Richard T and Durkee Virginia D
Bought by
Durkee Richard T and Durkee Virginia D
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
Hull Brian J $4,356,000 North American Title Co
Roberts Rachel G -- None Available
Yi David N -- None Available
Yi David $2,800,000 Chicago Title
Spinnaker Development Llc $1,350,000 Chicago Title Company
Durkee Richard T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hull Brian J $2,613,600
Previous Owner Spinnaker Development Llc $2,073,220
Previous Owner Durkee Richard T $420,000
Previous Owner Durkee Richard T $422,000
Previous Owner Durkee Richard T $420,000
Previous Owner Durkee Richard T $384,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $4,356,000 -3.1% $1,193 / Sq Ft
09/28/2020 09/28/20 Price Changed $4,495,000 -6.3% $1,232 / Sq Ft
06/28/2020 06/28/20 For Sale $4,795,000 -- $1,314 / 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 $49,156 $4,734,174 $4,179,205 $554,969
2024 $49,156 $4,641,348 $4,097,260 $544,088
2023 $48,008 $4,550,342 $4,016,922 $533,420
2022 $47,215 $4,461,120 $3,938,159 $522,961
2021 $34,549 $3,249,124 $2,685,703 $563,421
2020 $34,218 $3,215,809 $2,658,165 $557,644
2019 $33,506 $3,152,754 $2,606,044 $546,710
2018 $32,837 $3,090,936 $2,554,945 $535,991
2017 $32,255 $3,030,330 $2,504,848 $525,482
2016 $31,529 $2,970,912 $2,455,733 $515,179
2015 $31,233 $2,926,287 $2,418,846 $507,441
2014 $30,497 $2,868,966 $2,371,465 $497,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20123881

California Regional Multiple Listing Service (CRMLS)

APN: 050-282-04