NOT LISTED FOR SALE

Estimated Value: $6,880,000 - $7,520,054

4 Beds
3 Baths
3,848 Sq Ft
$1,881/Sq Ft Est. Value

Last Sold June 08, 2018

Last sale price $3,800,000 $988 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $42,364/month

43 Days on Market

Highlights

  • Wine Cellar
  • Heated Spa
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Irvine Terrace Park

About This Home

As of June 2018

Magnificent private estate located in the beach community of Irvine Terrace in Corona Del Mar. Enter through a gated private courtyard which leads to a home with a spacious open floor plan. Walls of glass help accent the home with light. Large living room opens to the gourmet kitchen and family room perfect for entertaining. Incredible master suite with a private retreat, fireplace, two walk-in closets and walls of glass. Lush private gardens complete with a covered patio with a fireplace, space heaters, built-in barbecue and spa. Amenities include a large 700 bottle walk-in wine cellar, spacious private corner lot, air conditioning and a close proximity to beaches, world class shopping and dining.

Last Agent to Sell the Property

Alison Mccormick

Arbor Real Estate License #00607959 Listed on: 03/16/2018

Arbor Real Estate

Last Buyer's Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,996

Year Built

  • Built in 2000

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 3,848 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

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

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2813
  • Assessor Parcel Number 05036108

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,996

Year Built

Built in 2000

Lot Details

0

HOA Fees

$46 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05036108
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3848.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Master Bedroom, Patio
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 987.53
  • Room Type: All Bedrooms Down, Den, Entry, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Separate Family Room, Wine Cellar
  • Spa Features: Heated, Private
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • Patio And Porch Features: Covered, Patio, Stone
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Double Oven, Freezer, Microwave, Refrigerator
  • 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: Dues Paid Monthly
  • Association Fee: 550.00
  • Association Fee Frequency: Annually
  • Association Name: Irvine terrace community
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11330.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 20
  • Tax Tract Number: 2813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2018
Sold by
Mccord Frank Joseph and Mccord Janet Louise
Bought by
Mccord Frank Joseph and Mccord Janet Louise
Current Estimated Value
$7,238,764

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 10, 2018
Sold by
Lftv Llc
Bought by
Latona Vincent Frank and Latona Jill Elizabeth
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$3,999,000
Sold Price
$3,800,000
Premium/Discount to List
-$199,000
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 27, 2018
Sold by
Latona Vincent Frank and Latona Jill Elizabeth
Bought by
Mccord Frank J and Mccord Janet L
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$3,999,000
Sold Price
$3,800,000
Premium/Discount to List
-$199,000
-4.98%

Purchase Details

Closed on
Jun 24, 2015
Sold by
Latona Vincent and Latona Jill
Bought by
Lftv Llc

Purchase Details

Closed on
Dec 10, 2008
Sold by
Milestone Investment I Llc
Bought by
Latona Vincent and Latona Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,865,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 2008
Sold by
Lo William Wen Wai and Lo Judy
Bought by
Milestone Investments I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,865,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Lo William W and Lo Judy A
Bought by
Lo William Wen Wai and Lo Judy A

Purchase Details

Closed on
Nov 9, 2001
Sold by
Lo William W and Lo Judy A
Bought by
Lo William Wen Wai and Lo Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,175
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 2000
Sold by
Lo William W and Lo Judy A
Bought by
Lo William W and Lo Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.96%

Purchase Details

Closed on
May 10, 1994
Sold by
Lo William W and Lo Judy A
Bought by
Lo William W and Lo Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,250
Interest Rate
8.1%

Purchase Details

Closed on
Mar 23, 1994
Sold by
Lo William W and Lo Judy A
Bought by
Lo William W and Lo Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,250
Interest Rate
8.1%
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
Mccord Frank Joseph -- None Available
Latona Vincent Frank -- Lawyers Title
Mccord Frank J $3,800,000 Lawyers Title
Lftv Llc -- None Available
Latona Vincent $2,862,500 Lawyers
Milestone Investments I Llc $1,000 None Available
Lo William Wen Wai -- Commonwealth Title
Lo William W -- Commonwealth Title
Lo William Wen Wai -- Commonwealth Land Title Co
Lo William W -- First American Title Ins Co
Lo William W -- --
Lo William W -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latona Vincent F $965,000
Previous Owner Latona Vincent $1,865,000
Previous Owner Lo William Wen Wai $800,000
Previous Owner Lo William W $154,500
Previous Owner Lo William Wen Wai $1,000,000
Previous Owner Lo William Wen Wai $1,000,000
Previous Owner Lo William W $461,175
Previous Owner Lo William W $1,520,000
Previous Owner Lo William W $260,000
Previous Owner Lo William W $1,500,000
Previous Owner Lo William W $300,000
Previous Owner Lo William M $523,000
Previous Owner Lo William W $406,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $3,800,000 -5.0% $988 / Sq Ft
03/14/2018 03/14/18 For Sale $3,999,000 -- $1,039 / 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 $44,996 $4,323,750 $3,651,792 $671,958
2024 $44,996 $4,238,971 $3,580,188 $658,783
2023 $43,946 $4,155,854 $3,509,988 $645,866
2022 $43,221 $4,074,367 $3,441,165 $633,202
2021 $42,391 $3,994,478 $3,373,691 $620,787
2020 $41,985 $3,953,520 $3,339,098 $614,422
2019 $41,109 $3,876,000 $3,273,625 $602,375
2018 $33,889 $3,191,037 $2,471,359 $719,678
2017 $33,289 $3,128,468 $2,422,901 $705,567
2016 $32,539 $3,067,126 $2,375,393 $691,733
2015 $32,720 $3,067,126 $2,375,393 $691,733
2014 $31,949 $3,007,046 $2,328,863 $678,183
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18060417

California Regional Multiple Listing Service (CRMLS)

APN: 050-361-08