$3,925,000
SOLD JAN 10, 2023
5 Beds
5.5 Baths
2,449 Sq Ft
0.25 Acres

Recently Sold

$1,603 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Abraham Lincoln Elementary School Rated A
  • Wooded Lot
  • 3-minute walk to Irvine Terrace Park

About This Home

As of January 2025

Located right in the heart of Corona Del Mar on the ocean side of Coast Hwy, Irvine Terrace offers the perfect combination for those looking to be right in the mix of everything that the Village of Corona Del Mar offers, but also have the desire for the larger lot that affords the utmost in privacy and space to spread out. Welcome to 1912 Kewamee Dr. This sprawling 11,000 square foot homesite comes with plans in the final approval stages to build an absolutely impressive 5,400 square foot single level modern farmhouse. This is a perfect opportunity to build your dream home without waiting 18+ months to go through the planning and permitting process. Featuring an open concept floor plan including 5 bedrooms, 5 ½ bathrooms plus an office and a 3 car garage. The massive sliding doors in the great room and dining room will span an impressive 38 feet and open to a gorgeous pool and spa, seamlessly integrating the indoor and outdoor living concept that is so perfect to have for that Coastal Orange County lifestyle. The curb appeal is simply spectacular with the massive frontage of this curved, corner lot that spans over 135 linear feet. The design elements accentuate the stunning floorplan with modern and sleek black windows contrasted with the rustic exterior tumbled European stone, charcoal siding and standing seam metal roof. How rare it is to be able to get over 5,000 square feet of luxurious living space all on one level with room for a pool this close to the water.

Last Agent to Sell the Property

Gabe Cole

Real Broker License #01327442 Listed on: 10/27/2022

Real Broker

Last Buyer's Agent

Gabe Cole

Real Broker License #01327442 Listed on: 10/27/2022

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,256

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • Wooded Lot
  • Private Yard
  • Back Yard

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2,449 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 35
  • Tax Tract Number 2813
  • Assessor Parcel Number 05032209
  • $364 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,256

Year Built

Built in 1958

Lot Details

0

HOA Fees

$48 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05032209
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2449.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1602.69
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Main Floor Full Bath

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s)
  • Association Fee: 48.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Terrace Community Association
  • Phone: 8004285588
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Treed Lot, Yard
  • Lot Size Sq Ft: 11021.00
  • Lot Size Acres: 0.2530

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11021.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 35
  • Tax Tract Number: 2813
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Jan 8, 2025
Sold by
Kewamee Cdm Llc
Bought by
Rivera Family Trust and Rivera
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tara McNabb
Compass
List Price
$12,995,000
Sold Price
$11,500,000
Premium/Discount to List
-$1,495,000
-11.5%
Views
134
Current Estimated Value
$7,417,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,082,739
Avg. Annual Appreciation
-53.56%
Original Mortgage
$7,475,000
Outstanding Balance
$7,396,979
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$622,655

Purchase Details

Listed on
Sep 29, 2023
Closed on
Sep 3, 2024
Sold by
Casa Artc Group Llc
Bought by
Kewamee Cdm Llc
Seller's Agent
Chris Moreno
Surterre Properties Inc.
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$9,975,000
Sold Price
$10,075,000
Premium/Discount to List
$100,000
1%
Views
135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.38%

Purchase Details

Closed on
May 24, 2024
Sold by
Ez Properties Llc
Bought by
Casa Arte Group Llc

Purchase Details

Closed on
Nov 9, 2022
Sold by
Kewamee Llc
Bought by
Ez Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,826,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 2, 2020
Sold by
Elkayam Ami and Elkayam Gali
Bought by
Kewamee Llc
Seller's Agent
Justin Smith
Berkshire Hathaway HomeService
Buyer's Agent
Gabe Cole
Real Broker
List Price
$3,395,000
Sold Price
$3,361,050
Premium/Discount to List
-$33,950
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%
Original Mortgage
$1,800,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2020
Closed on
Aug 13, 2020
Sold by
Lincoln Family Trust
Bought by
Elkayam Ami and Elkayam Gali
Seller's Agent
Justin Smith
Berkshire Hathaway HomeService
Buyer's Agent
Gabe Cole
Real Broker
List Price
$3,395,000
Sold Price
$3,361,050
Premium/Discount to List
-$33,950
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Lincoln Winslow S and Lincoln Carol H
Bought by
Lincoln Winslow S and Lincoln Carol H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Lincoln Winslow S and Lincoln Carol H
Bought by
Lincoln Winslow S and Lincoln Carol H
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $11,500,000 Fidelity National Title
Grant Deed $10,075,000 Fidelity National Title
Grant Deed -- Innovative Title Company
Grant Deed $3,925,000 Doma Title
Grant Deed -- Accommodation
Grant Deed $3,361,500 North American Title
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,475,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $2,826,000 New Conventional
Previous Owner $1,800,000 New Conventional
Previous Owner $194,775 New Conventional
Previous Owner $203,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $196,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $11,500,000 -4.1% $2,110 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
10/23/2024 10/23/24 Price Changed $11,995,000 -7.7% $2,201 / Sq Ft
09/16/2024 09/16/24 For Sale $12,995,000 +29.0% $2,384 / Sq Ft
09/11/2024 09/11/24 Sold $10,075,000 +1.0% $1,850 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
09/29/2023 09/29/23 For Sale $9,975,000 +154.1% $1,832 / Sq Ft
01/10/2023 01/10/23 Sold $3,925,000 -1.8% $1,603 / Sq Ft
10/27/2022 10/27/22 For Sale $3,995,000 +18.9% $1,631 / Sq Ft
09/17/2020 09/17/20 Sold $3,361,050 -1.0% $1,372 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $3,395,000 -- $1,386 / 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
2024 $49,256 $4,643,811 $3,783,320 $860,491
2023 $37,037 $3,496,836 $3,292,551 $204,285
2022 $36,426 $3,428,271 $3,227,991 $200,280
2021 $35,727 $3,361,050 $3,164,697 $196,353
2020 $3,017 $259,367 $153,759 $105,608
2019 $2,960 $254,282 $150,744 $103,538
2018 $2,902 $249,297 $147,789 $101,508
2017 $2,851 $244,409 $144,891 $99,518
2016 $2,862 $239,617 $142,050 $97,567
2015 $2,759 $236,018 $139,916 $96,102
2014 $2,694 $231,395 $137,175 $94,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22230817

California Regional Multiple Listing Service (CRMLS)

APN: 050-322-09