NOT LISTED FOR SALE

Estimated Value: $6,313,000 - $9,044,000

4 Beds
3.5 Baths
2,523 Sq Ft
$2,830/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $3,500,000 $1,387 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $42,654/month

87 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Custom Home
  • Harbor View Elementary School Rated A
  • Ocean Side of Freeway
  • 4-minute walk to Bayside Drive Park

About This Home

As of November 2012

Steps to Big Corona Beach with Magnificent Ocean, Whitewater & Catalina Views! Custom Built in 2002 on an oversized 65' wide Elevated Flat lot. This Contemporary Gem is loaded with features and amenities. Dramatic Double Door Entry into a two story high foyer and custom circular staircase. High Cofferred Ceilings. Arched Solid Core Doorways. Great Room with Fireplace and Expansive Windows & Doors maximizing the Views. Formal Dining Room with Butler s Pantry w/Wine Storage. Modern Kitchen with High End Appliances. Wet Bar. Cherrywood Floors and Cabinets. Sunsets from Spacious Front Patio w/Fireplace. There is a Separate Office w/Balcony. The Guest Suite is on the Main Floor with a separate entrance. Master Bedroom has glass wall for unobstructed views and wrap around deck. Master Bathroom has steam shower and fireplace. Oversized two car finished garage with custom cabinets. Copper rain gutters. Lutron Lighting controls and much more. Walking distance to the Village or the Beach.

Last Agent to Sell the Property

Judy Muncy

Berkshire Hathaway HomeService License #01071028 Listed on: 06/29/2012

Last Buyer's Agent

Diane Cannon

Compass License #01090918

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,949

Year Built

  • Built in 2002

Lot Details

  • 4,225 Sq Ft Lot
  • Lot Dimensions are 65x65
  • Property fronts an alley
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • On-Street Parking

Property Views

  • White Water Ocean
  • Harbor
  • Catalina
  • City Lights

Home Design

  • Custom Home
  • Contemporary Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,523 Sq Ft Home
  • Wired For Sound
  • Wired For Data
  • Wood Burning Fireplace
  • Raised Hearth
  • Electric Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Stained Glass
  • Casement Windows
  • Double Door Entry
  • Great Room with Fireplace
  • Dining Room
  • Laundry in Kitchen

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Convection Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Fireplace in Bathroom

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors

Outdoor Features

  • Ocean Side of Freeway
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen
  • Water Purifier
  • Sewer Paid

Community Details

  • Custom

Listing and Financial Details

  • Legal Lot and Block 7 / 138
  • Tax Tract Number 627
  • Assessor Parcel Number 05211222

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,949

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-463-7686
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Wired for Alarm System
  • Subdivision Name Other: Corona del Mar South of PCH
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Custom Built, Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05211222
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2523.00
  • Interior Amenities: Wired for Data, Granite Counters, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Dining Room
  • Fireplace Features: Bath, Electric, Gas, Great Room, Gas Starter, Raised Hearth, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1387.24
  • Room Type: Formal Entry, Guest/Maid's Quarters, Great Room, Main Floor Bedroom, Master Suite, Walk-In Pantry
  • Window Features: Casement Windows, Double Pane Windows, Stained Glass

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Harbor, Ocean, Water, White Water
  • Fence: No
  • Patio And Porch Features: Enclosed, Porch, Patio, Stone
  • Pool Private: No
  • Roof: Clay, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener, Oversized, Street, Built-In Storage, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Convection Oven, Dishwasher, Gas Cooking, Disposal, Range Hood, Ice Maker, Oven, Range, Refrigerator, Self Cleaning Oven, Cooktop, Water Purifier
  • Electric: 220 Volts in Kitchen
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Level, Paved
  • Lot Size: 65x65
  • Lot Size Sq Ft: 4225.00
  • Lot Size Acres: 0.0970

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4225.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 138
  • Tax Lot: 7
  • Tax Tract Number: 627

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2012
Closed on
Dec 18, 2012
Sold by
Alber Kenneth L and Alber Michelle
Bought by
Alber Kenneth L and Kla California Residence Trust
Seller's Agent
Judy Muncy
Berkshire Hathaway HomeService
Buyer's Agent
Diane Cannon
Compass
List Price
$3,849,000
Sold Price
$3,500,000
Premium/Discount to List
-$349,000
-9.07%
Current Estimated Value
$7,140,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,640,745
Avg. Annual Appreciation
4.99%

Purchase Details

Listed on
Jun 29, 2012
Closed on
Sep 14, 2012
Sold by
Laurence Ronald E and Laurence Sandra S
Bought by
Alber Kenneth L and Alber Michelle
Seller's Agent
Judy Muncy
Berkshire Hathaway HomeService
Buyer's Agent
Diane Cannon
Compass
List Price
$3,849,000
Sold Price
$3,500,000
Premium/Discount to List
-$349,000
-9.07%

Purchase Details

Closed on
Aug 25, 2010
Sold by
Laurence Ronald E and Laurence Sandra S
Bought by
Laurence Ronald E and Laurence Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2003
Sold by
Laurence Ronald E and Laurence Sandra S
Bought by
Laurence Ronald E and Laurence Sandra S

Purchase Details

Closed on
Mar 13, 2003
Sold by
Laurence Ronald E and Laurence Sandra S
Bought by
Laurence Ronald E and Laurence Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2001
Sold by
Llewellyn Jeffrey R and Llewellyn Jannah
Bought by
Laurence Ronald E and Laurence Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.92%

Purchase Details

Closed on
Jul 6, 2000
Sold by
Iris Trust & Records Carole M
Bought by
Llewellyn Jeffrey R and Llewellyn Jannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
7.62%
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
Alber Kenneth L -- None Available
Alber Kenneth L $3,500,000 California Title Company
Laurence Ronald E -- Accommodation
Laurence Ronald E -- Accommodation
Laurence Ronald E -- Pacific Coast Title Company
Laurence Ronald E -- --
Laurence Ronald E -- New Century Title Company
Laurence Ronald E $1,650,000 Fidelity National Title Ins
Llewellyn Jeffrey R $1,700,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laurence Ronald E $729,750
Previous Owner Laurence Ronald E $1,000,000
Previous Owner Laurence Ronald E $1,060,000
Previous Owner Laurence Ronald E $1,050,000
Previous Owner Llewellyn Jeffrey R $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2012 11/09/12 Sold $3,500,000 -9.1% $1,387 / Sq Ft
06/29/2012 06/29/12 For Sale $3,849,000 -- $1,526 / 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 $44,949 $4,319,165 $3,814,055 $505,110
2024 $44,949 $4,234,476 $3,739,270 $495,206
2023 $43,900 $4,151,448 $3,665,951 $485,497
2022 $43,176 $4,070,048 $3,594,070 $475,978
2021 $42,347 $3,990,244 $3,523,598 $466,646
2020 $41,941 $3,949,329 $3,487,467 $461,862
2019 $41,066 $3,871,892 $3,419,086 $452,806
2018 $40,161 $3,787,913 $3,352,045 $435,868
2017 $39,450 $3,713,641 $3,286,319 $427,322
2016 $38,560 $3,640,825 $3,221,881 $418,944
2015 $38,199 $3,586,137 $3,173,485 $412,652
2014 $37,298 $3,515,890 $3,111,321 $404,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12002614

California Regional Multiple Listing Service (CRMLS)

APN: 052-112-22