NOT LISTED FOR SALE

Estimated Value: $6,171,000 - $6,972,000

3 Beds
3 Baths
2,700 Sq Ft
$2,388/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $5,000,000 $1,852 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $39,724/month

2 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Wood Flooring
  • Harbor View Elementary School Rated A
  • Ocean Side of Highway 1
  • 2-minute walk to Lookout Point

About This Home

As of February 2022

207 Iris is located on the highly desirable 200 block of Iris Avenue, one house off of Ocean Blvd., in Corona Del Mar. This corner lot has unobstructed views of beautiful Corona Del Mar Beach, “Big Corona”, and the Newport harbor entrance. Situated as the last house on Iris, before Ocean Blvd. and the alley running behind Ocean, this home has no immediate neighbor on one side, allowing for uniquely unobstructed and peek-a-boo views along the entirety of the ocean side of the property.

The home is approximately 2700 square feet of interior space with 3 bedrooms and 3 bathrooms plus a large bonus room which houses the laundry area. The floor plan highlights the light and bright feel of the coast with extra skylights and windows throughout. The house has multiple patios and decks which add additional indoor/outdoor space to the living quarters. Additional features include a two-car garage with plenty of storage and multiple sitting areas to enjoy the landscape scenery.

Located steps away from Big Corona Beach, Little Corona Beach, and Newport Beach’s famous Inspiration Point and Pirate’s Cove. With views of the Pacific Ocean and Catalina Island, this serene beach house puts SOCAL coastal living on a pedestal. Welcome to Newport Beach living at its finest, all within walking distance to renowned restaurants and shopping in the CDM Village.

Last Agent to Sell the Property

Artie Dorr

Balboa Realty License #01899740 Listed on: 01/20/2022

Co-Listed By

Alex Batley

Balboa Realty License #01365952

Last Buyer's Agent

JEFFREY STEARMAN

Keller Williams OC Coastal Realty License #00932282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,129

Year Built

  • Built in 1951

Lot Details

  • 3,540 Sq Ft Lot
  • Property fronts an alley
  • Wood Fence
  • Fence is in excellent condition
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Off-Street Parking

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Peek-A-Boo
  • Bluff
  • Canal
  • Neighborhood

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Walk-in Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Exterior Lighting

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Additional Features

  • Urban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 9 / 35
  • Tax Tract Number 648
  • Assessor Parcel Number 05206211
  • $364 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,129

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 949-500-9832
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05206211
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2700.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1851.85
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Foundation: Slab
  • View: Bay, Bluff, Canal, Catalina, City Lights, Coastline, Harbor, Marina, Neighborhood, Ocean, Panoramic, Peek-A-Boo, Water
  • Fence: Yes
  • Fencing: Excellent Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3540.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 35
  • Tax Census Tract: 627.02
  • Tax Lot: 9
  • Tax Tract Number: 648
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 25, 2022
Sold by
Akhavi Enterprises Inc
Bought by
Akhavi Living Trust
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
JEFFREY STEARMAN
Keller Williams OC Coastal Realty
List Price
$4,295,000
Sold Price
$5,000,000
Premium/Discount to List
$705,000
16.41%
Total Days on Market
2
Current Estimated Value
$6,447,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,447,409
Avg. Annual Appreciation
3.88%
Original Mortgage
$3,000,000
Outstanding Balance
$2,810,253
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$2,913,223

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 28, 2022
Sold by
Coons Family Trust
Bought by
Akhavi Enterprises Inc
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
JEFFREY STEARMAN
Keller Williams OC Coastal Realty
List Price
$4,295,000
Sold Price
$5,000,000
Premium/Discount to List
$705,000
16.41%

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
Outstanding Balance
$2,810,253
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$2,913,223

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 24, 2022
Sold by
Lee Coons John
Bought by
Coons Family Trust
Seller's Agent
Artie Dorr
Balboa Realty
Buyer's Agent
JEFFREY STEARMAN
Keller Williams OC Coastal Realty
List Price
$4,295,000
Sold Price
$5,000,000
Premium/Discount to List
$705,000
16.41%

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
Outstanding Balance
$2,810,253
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$2,913,223
Source: Public Records

Range of Values:

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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
Akhavi Living Trust -- Fidelity National Title
Akhavi Enterprises Inc $5,000,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhavi Living Trust $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $5,000,000 +16.4% $1,852 / Sq Ft
01/20/2022 01/20/22 For Sale $4,295,000 -- $1,591 / 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 $55,129 $5,306,040 $4,775,436 $530,604
2024 $55,129 $5,202,000 $4,681,800 $520,200
2023 $53,843 $5,100,000 $4,590,000 $510,000
2022 $12,663 $1,175,894 $856,785 $319,109
2021 $12,420 $1,152,838 $839,986 $312,852
2020 $12,300 $1,141,018 $831,373 $309,645
2019 $12,047 $1,118,646 $815,072 $303,574
2018 $11,807 $1,096,712 $799,090 $297,622
2017 $11,598 $1,075,208 $783,421 $291,787
2016 $11,337 $1,054,126 $768,060 $286,066
2015 $11,229 $1,038,293 $756,523 $281,770
2014 $10,963 $1,017,955 $741,704 $276,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22010304

California Regional Multiple Listing Service (CRMLS)

APN: 052-062-11