NOT LISTED FOR SALE

Estimated Value: $8,855,000 - $12,509,046

4 Beds
4.5 Baths
4,100 Sq Ft
$2,445/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $4,230,000 $1,032 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $60,433/month

7 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Beamed Ceilings
  • Abraham Lincoln Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of May 2014

Serenity and comfort defines this Irvine Terrace residence as you take in some of the more amazing panoramic views that Corona del Mar has to offer. This 12,000 SF beautifully landscaped lot sits above and overlooks Newport Harbor.

Custom single story 4,100 SF home features 4 bedrooms, 4.5 baths and 3-car garage also includes floor to ceiling windows. Large master suite offers his and hers walk-in closets, and an oversized dressing area, while the master bath includes dual sink, large shower and tub. The kitchen is accentuated with some of the top amenities and stainless steel appliances.

The open floor plan makes this home great for entertaining your guests along with its 3 fireplaces, wine cellar and private salt water pool and spa. Located near some of the best beaches, shopping and restaurants that coastal Orange County has to offer, comfort living is within reach.

Last Agent to Sell the Property

Joseph Rivello

Kore Real Estate License #00607892 Listed on: 04/25/2014

Last Buyer's Agent

John Gessford

First Team Real Estate License #01137479

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,223

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 84 x 140
  • West Facing Home

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 4,100 Sq Ft Home
  • Beamed Ceilings
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Fireplace in Patio
  • Tile Patio or Porch
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 2813
  • Assessor Parcel Number 05034310

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,223

Year Built

Built in 1958

Lot Details

0

HOA Fees

$40 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-310-0057
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05034310
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4100.00
  • Interior Amenities: Beamed Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Fireplace Features: Family Room, Kitchen, Living Room, Master Bedroom, Outside, Patio
  • Levels: One
  • Price Per Square Foot: 1031.71
  • Room Type: Basement, Family Room, Living Room
  • Spa Features: In Ground, Private

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Catalina, City Lights, Harbor, Ocean, Panoramic
  • Patio And Porch Features: Concrete, Tile
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tar/Gravel
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 40.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size: 84 x 140
  • Lot Size Sq Ft: 12093.00
  • Lot Size Acres: 0.2780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12093.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 117
  • Tax Tract Number: 2813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2015
Sold by
The R & K Tucker Trust
Bought by
The R & K Tucker Trust
Current Estimated Value
$10,025,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 7, 2014
Sold by
Sangiacomo Mark A
Bought by
The R & K Tucker Trust
Seller's Agent
Joseph Rivello
Kore Real Estate
Buyer's Agent
John Gessford
First Team Real Estate
List Price
$4,350,000
Sold Price
$4,230,000
Premium/Discount to List
-$120,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%

Purchase Details

Closed on
Oct 16, 2009
Sold by
Sangiacomo Mark
Bought by
Sangiacomo Mark A and Revocable Trust Of Mark A Sangiacomo

Purchase Details

Closed on
May 18, 2004
Sold by
Stemler Joseph and Stemler Marguerite L
Bought by
Sangiacomo Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Stemler Joseph
Bought by
Stemler Joseph and Stemler Marguerite L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1993
Sold by
Stemler Joseph and Stemler Marguerite L
Bought by
Stemler Joseph and Stemler Marguerite L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 30, 1993
Sold by
Stemler Joseph and Stemler Marguerite L
Bought by
Stemler Joseph and Stemler Marguerite L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.25%
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
The R & K Tucker Trust -- Equity Title Company
The R & K Tucker Trust $4,230,000 Wfg National Title Ins Co
Sangiacomo Mark A -- None Available
Sangiacomo Mark $3,433,000 Chicago Title Company
Stemler Joseph -- Chicago Title Co
Stemler Joseph -- --
Stemler Joseph -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & K Tucker Trust $2,060,000
Closed Tucker R Scott R $2,160,000
Closed Tucker Tucker R $2,360,000
Closed The R & K Tucker Trust $1,300,000
Closed The R & K Tucker Trust $1,300,000
Previous Owner Sangiacomo Mark A $2,000,000
Previous Owner Sangiacomo Mark A $1,800,000
Previous Owner Sangiacomo Mark $600,000
Previous Owner Sangiacomo Mark $500,000
Previous Owner Sangiacomo Mark $2,700,000
Previous Owner Sangiacomo Mark $3,000,000
Previous Owner Stemler Joseph $1,000,000
Previous Owner Stemler Joseph $500,000
Previous Owner Stemler Joseph $635,000
Previous Owner Stemler Joseph $650,000
Previous Owner Stemler Joseph $350,000
Previous Owner Stemler Joseph $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $4,230,000 0.0% $1,032 / Sq Ft
05/04/2014 05/04/14 Off Market $4,230,000 -- --
05/02/2014 05/02/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $4,350,000 -- $1,061 / 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 $69,223 $6,672,262 $4,881,837 $1,790,425
2024 $69,223 $6,541,434 $4,786,115 $1,755,319
2023 $67,609 $6,413,171 $4,692,270 $1,720,901
2022 $66,497 $6,287,423 $4,600,265 $1,687,158
2021 $65,219 $6,164,141 $4,510,064 $1,654,077
2020 $62,430 $5,895,420 $4,463,819 $1,431,601
2019 $52,158 $4,926,885 $4,376,294 $550,591
2018 $48,246 $4,557,275 $4,290,485 $266,790
2017 $47,391 $4,467,917 $4,206,358 $261,559
2016 $46,321 $4,380,311 $4,123,880 $256,431
2015 $45,889 $4,314,515 $4,061,935 $252,580
2014 $40,396 $3,817,554 $3,614,076 $203,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14085261

California Regional Multiple Listing Service (CRMLS)

APN: 050-343-10