NOT LISTED FOR SALE

Estimated Value: $6,658,000 - $9,246,000

4 Beds
4.5 Baths
4,335 Sq Ft
$1,779/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $5,679,375 $1,310 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $46,941/month

63 Days on Market

Highlights

  • Home Theater
  • In Ground Pool
  • Dual Staircase
  • Abraham Lincoln Elementary School Rated A
  • Ocean Side of Highway 1
  • Wood Flooring

About This Home

As of June 2022

Terraced into a hillside, this expansive coastal residence encapsulates the height of luxury. Set on one of the largest lots within the enviable enclave of Irvine Terrace, a gracious floor plan boasts approximately 4,335 square feet and encompasses four bedrooms and four-and-one-half bathrooms. The main living areas read bright and welcoming with decorative flourishes including gleaming wood floors, stylish wallpaper, trendy tile flooring, and high ceilings punctured by skylights ensuring there is no shortage of daylight. For the avid entertainer, there are plenty of spaces to gather: the formal dining room beneath recessed ceilings, spacious family room flanked by a fireplace and garden windows, and a secondary living area with French doors framing views of the sparkling pool and spa. The heart of the estate is the fanciful eat-in kitchen featuring custom cabinetry, granite countertops, walk-in pantry, built-in study/work space, and an adjacent breakfast nook. A wide hallway leads to all main-level bedrooms including the impressive primary suite offering a large walk-in closet with custom cabinetry, dual waterfall edge vanities, walk-in steam shower with multiple shower heads, and a soaking tub. Rounding out the main level is a play room, sun room, fully-equipped laundry room, guest half-bath, and full bath accessible from the backyard- perfect to wash away days at the pool or beach. Private and serene, the guest quarters occupy the top split level and offer a large sitting room/office as well as a private terrace. On the lower level, a generously sized media room/flex space completes the interiors. The delights continue outside where a pool, spa, water feature, and al fresco dining areas surrounded by mature trees combine to create the ultimate backyard. Furthering the allure of the property are smart thermostats, two-car garage, and a custom built-in mudroom. Perfectly positioned near famous beaches, championship golf courses, and Fashion Island, 1810 Tahuna Terrace is abound with all the makings of a forever home.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/04/2022

Coldwell Banker Realty

Last Buyer's Agent

Jason C Bradshaw

Coldwell Banker Realty License #01304396

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,493

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • Back Yard

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Split Level Home
  • Turnkey
  • Planned Development

Interior Spaces

  • 4,335 Sq Ft Home
  • Dual Staircase
  • Built-In Features
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • Garden Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Mirrored Closets Doors
  • In-Law or Guest Suite
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Exterior Lighting

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 2813
  • Assessor Parcel Number 05034507
  • $364 per year additional tax assessments

Community Details

Overview

  • Irvine Terrace Community Assn. Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Irvine Terrace Subdivision

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,493

Year Built

Built in 1985

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.887.0643
  • Other Phone Description: DARREN SMITH
  • Other Phone Number: 949.887.064
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05034507
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4335.00 Square Feet
  • Interior Amenities: 2 Staircases, In-Law Floorplan, Built-in Features, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One, Two, Multi/Split
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1310.12
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Media Room, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Window Features: Custom Covering, Garden Window(s), Skylight(s)
  • Bathroom Features: Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Gas Oven, Gas Cooktop, Refrigerator, Vented Exhaust Fan, Warming Drawer
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management
  • Association Fee: 48.00
  • Association Fee Frequency: Monthly
  • Association Name: IRVINE TERRACE COMMUNITY ASSN.
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs
  • Association Management: FIRST SERVICE RESIDENTIAL

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11798.00
  • Lot Size Acres: 0.2708

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11798.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 85
  • Tax Tract Number: 2813
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Michalovsky Matthew and Michalovsky Meghan
Bought by
Michalovsky Matthew and Michalovsky Meghan
Current Estimated Value
$7,710,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2016
Closed on
Mar 11, 2016
Sold by
Driscoll James and Buchan Jane
Bought by
Michalovsky Revocable Living Trust
Seller's Agent
Roseanne Levan
Douglas Elliman Of California
Buyer's Agent
Roseanne Levan
Douglas Elliman Of California
List Price
$2,900,000
Sold Price
$2,900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%
Original Mortgage
$2,000,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 3, 1999
Sold by
Poteat John A
Bought by
Driscoll James and Buchan Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.62%

Purchase Details

Closed on
Feb 12, 1998
Sold by
Russell Schreck and Russell Diane L
Bought by
Poteat John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,500
Interest Rate
6.99%

Purchase Details

Closed on
Feb 4, 1994
Sold by
Ba Properties Inc
Bought by
Schreck Russell H and Schreck Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.12%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Equitable Deed Company
Bought by
Ba Properties Inc
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
Michalovsky Matthew -- Ticor Ttl Orange Cnty Branch
Michalovsky Revocable Living Trust $2,900,000 California Title Company
Driscoll James $1,075,000 First American Title Ins Co
Poteat John A $930,000 Fidelity National Title Ins
Poteat John A -- Fidelity National Title Ins
Schreck Russell H $650,000 World Title Company
Ba Properties Inc $610,410 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townes Scott B $850,000
Open Michalovsky Matthew $2,250,000
Closed Michalovsky Matthew $2,250,000
Closed Michalovsky Matthew S $175,000
Closed Michalovsky Revocable Living Trust $2,000,000
Previous Owner Driscoll James $790,000
Previous Owner Driscoll James $800,000
Previous Owner Poteat John A $697,500
Previous Owner Schreck Russell H $37,000
Previous Owner Schreck Russell H $663,000
Previous Owner Schreck Russell H $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $5,679,375 -12.6% $1,310 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $6,495,000 +124.0% $1,498 / Sq Ft
04/13/2016 04/13/16 Sold $2,900,000 0.0% $691 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $2,900,000 -- $691 / 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 $62,493 $5,787,516 $4,833,106 $954,410
2024 $62,493 $5,908,821 $4,738,340 $1,170,481
2023 $61,034 $5,792,962 $4,645,431 $1,147,531
2022 $34,393 $3,235,004 $2,677,246 $557,758
2021 $33,733 $3,171,573 $2,624,751 $546,822
2020 $33,410 $3,139,053 $2,597,837 $541,216
2019 $32,715 $3,077,503 $2,546,899 $530,604
2018 $32,062 $3,017,160 $2,496,960 $520,200
2017 $49,750 $4,692,000 $3,721,444 $970,556
2016 $14,996 $1,395,725 $815,888 $579,837
2015 $14,781 $1,374,760 $803,632 $571,128
2014 $14,431 $1,347,831 $787,890 $559,941
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22037471

California Regional Multiple Listing Service (CRMLS)

APN: 050-345-07