NOT LISTED FOR SALE

Estimated Value: $5,319,000 - $6,869,000

4 Beds
4 Baths
3,146 Sq Ft
$1,925/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $3,770,000 $1,198 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $36,853/month

22 Days on Market

Highlights

  • Golf Course Community
  • Primary Bedroom Suite
  • Deck
  • Abraham Lincoln Elementary School Rated A
  • Open Floorplan
  • 5-minute walk to Irvine Terrace Park

About This Home

As of July 2021

Located in the heart of Corona Del Mar, just above Balboa Island and just steps to the sand, sits this charming single level home with 4 bedrooms, 2 full baths, 2 half baths and 3,146 sf of functional living space. This fabulous floorpan is designed for living and entertaining as the entire home wraps around the yard with windows and doors opening to lush landscaping, offering virtually total privacy and seamlessly integrating indoor and outdoor living. The family kitchen opens to an eating area, wet bar and indoor BBQ grill. Featured on an oversized 11,024 sq. ft. lot in Irvine Terrace, there is plenty of room for imagination, to add-on or a custom build. Incredible opportunity for ocean side of PCH with privacy and location. Walking distance to the beaches, Village shops, Fashion Island, restaurants, Newport Beach Country Club and Irvine Terrace Park featuring tennis, basketball, soccer and tot-lot. Premier location, lot size and single level design, make this residence a dream offering.

Last Agent to Sell the Property

Kendall Childs

Douglas Elliman of California License #01207714 Listed on: 04/16/2021

Douglas Elliman of California

Last Buyer's Agent

Matteo Bommarito

Keller Williams Realty License #01367522

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,463

Year Built

  • Built in 1957

Lot Details

  • 0.25 Acre Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

  • $48 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Interior Spaces

  • 3,146 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Shutters
  • French Mullion Window
  • Bay Window
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Library
  • Storage
  • Laundry Room
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Outdoor Grill

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater

Listing and Financial Details

  • Tax Lot 66
  • Tax Tract Number 2813
  • Assessor Parcel Number 05034604

Community Details

Overview

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

Amenities

  • Picnic Area

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Community Playground
  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,463

Year Built

Built in 1957

Lot Details

0

HOA Fees

$48 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 949-279-7211
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Irvine Terrace (IRVT)
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05034604
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3146.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1198.35
  • Room Type: All Bedrooms Down, Laundry, Library, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite
  • Window Features: Bay Window(s), French/Mullioned, Shutters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • View: Courtyard
  • Builder Name: Irvine Terrace
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Concrete, Paved, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Water Heater
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Tennis Court(s), Sport Court, Maintenance Grounds
  • Association Fee: 48.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Terrace
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Biking, Golf, Park, Watersports
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size: 11024
  • Lot Size Sq Ft: 11024.00
  • Lot Size Acres: 0.2531

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11024.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 66
  • Tax Tract Number: 2813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 26, 2021
Sold by
Johnson Jeff and Johnson David
Bought by
Bommarito Matteo
Seller's Agent
Kendall Childs
Douglas Elliman of California
Buyer's Agent
Matteo Bommarito
Keller Williams Realty
List Price
$3,990,000
Sold Price
$3,770,000
Premium/Discount to List
-$220,000
-5.51%
Current Estimated Value
$6,055,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,285,892
Avg. Annual Appreciation
11.50%
Original Mortgage
$2,240,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2016
Sold by
Johnson Kenneth H
Bought by
Johnson Kenneth H and Kenneth H & Ardath J Johnson Family Trus

Purchase Details

Closed on
Jul 21, 2011
Sold by
Johnson Kenneth H and Johnson Ardath J
Bought by
Johnson Kenneth H and Johnson Ardath J
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
Bommarito Matteo $3,770,000 Fidelity National Title Co
Johnson Kenneth H -- None Available
Johnson Kenneth H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bommarito Matteo $2,240,000
Previous Owner Johnson Kenneth H $120,000
Previous Owner Johnson Kenneth H $90,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $3,770,000 -5.5% $1,198 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $3,990,000 -- $1,268 / 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 $46,463 $4,612,158 $3,766,629 $845,529
2024 $46,463 $4,383,980 $3,692,774 $691,206
2023 $41,919 $3,962,501 $3,620,367 $342,134
2022 $40,020 $3,770,000 $3,549,380 $220,620
2021 $3,208 $277,280 $155,354 $121,926
2020 $3,176 $274,437 $153,761 $120,676
2019 $3,115 $269,056 $150,746 $118,310
2018 $3,054 $263,781 $147,790 $115,991
2017 $3,000 $258,609 $144,892 $113,717
2016 $2,935 $253,539 $142,051 $111,488
2015 $2,904 $249,731 $139,917 $109,814
2014 $2,835 $244,840 $137,177 $107,663
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: OC21079613

California Regional Multiple Listing Service (CRMLS)

APN: 050-346-04