NOT LISTED FOR SALE

Estimated Value: $4,032,445 - $4,299,000

3 Beds
2.5 Baths
2,536 Sq Ft
4,722 Sq Ft Lot

Last Sold November 04, 2022

Last sale price $3,300,000 $1,301 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $25,782/month

91 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Dual Staircase
  • Harbor View Elementary School Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Bayside Drive Park

About This Home

As of November 2022

Located on the coveted 200 block of Marguerite, this penthouse unit boasts stunning ocean views from the living room, master and roof-top deck. Approximately 2,571 square feet, this unit has 3 bedrooms and 2.5 bathrooms. Rarified air, walking distance to famed restaurants and world-class shopping, theaters and of course California’s Riviera. Other highlights include a 2-car tandem garage, laundry with sink and covered patio off the master. Come have a look at this beautiful property in The Village of Corona del Mar and enjoy a lifestyle like no other.

Last Agent to Sell the Property

Adrienne Brandes

Surterre Properties Inc. License #01337636 Listed on: 07/06/2022

Surterre Properties Inc.

Last Buyer's Agent

Mark McMahon

Real Broker License #01789434

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,806

Year Built

  • Built in 1982

Lot Details

  • 1 Common Wall
  • Landscaped
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage

Interior Spaces

  • 2,536 Sq Ft Home
  • Dual Staircase
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Flooring
  • Ocean Views
  • Home Security System

Kitchen

  • Dumbwaiter
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 11 / 138
  • Tax Tract Number 987
  • Assessor Parcel Number 93025028
  • $360 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$35,806

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Security System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93025028
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2536.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Beamed Ceilings, Cathedral Ceiling(s), Dumbwaiter, High Ceilings, Tandem
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1301.26
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Closet In Bathroom, Double Sinks In Master Bath

Exterior Features

  • View: Ocean
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Golf, Hiking, Park, Watersports, Preserve/Public Land, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 4720.00
  • Lot Size Acres: 0.1084

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4720.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 138
  • Tax Census Tract: 627.02
  • Tax Lot: 11
  • Tax Tract Number: 987...
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Nov 7, 2022
Sold by
Klingsporn Mark
Bought by
Klingsporn Family Trust
Seller's Agent
Adrienne Brandes
Surterre Properties Inc.
Buyer's Agent
Mark McMahon
Real Broker
List Price
$3,400,000
Sold Price
$3,300,000
Premium/Discount to List
-$100,000
-2.94%
Total Days on Market
91
Views
14
Current Estimated Value
$4,184,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$884,148
Avg. Annual Appreciation
7.09%
Original Mortgage
$2,640,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 26, 2022
Sold by
Frost Bank
Bought by
Klingsporn Mark
Seller's Agent
Adrienne Brandes
Surterre Properties Inc.
Buyer's Agent
Mark McMahon
Real Broker
List Price
$3,400,000
Sold Price
$3,300,000
Premium/Discount to List
-$100,000
-2.94%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2022
Closed on
Oct 21, 2022
Sold by
Klingsporn Diana
Bought by
Klingsporn Hark
Seller's Agent
Adrienne Brandes
Surterre Properties Inc.
Buyer's Agent
Mark McMahon
Real Broker
List Price
$3,400,000
Sold Price
$3,300,000
Premium/Discount to List
-$100,000
-2.94%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2022
Sold by
Declaration Of Trust
Bought by
Trust 0190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2020
Sold by
The Northern Trust Company
Bought by
Citizens Tr A Diviision Of Citizens Bus

Purchase Details

Closed on
Apr 29, 2014
Sold by
Berge Thomas O
Bought by
The Northern Trust Company and Trust 0190
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
Klingsporn Family Trust -- --
Klingsporn Mark $3,300,000 Ticor Title
Klingsporn Hark -- Ticor Title
Trust 0190 -- Chicago Title
Citizens Tr A Diviision Of Citizens Bus -- Accommodation
The Northern Trust Company $5,900,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klingsporn Family Trust $2,640,000
Closed Klingsporn Hark $2,640,000
Previous Owner Berge Orin G $1,000,000
Previous Owner Berge Orin G $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $3,300,000 -2.9% $1,301 / Sq Ft
07/06/2022 07/06/22 For Sale $3,400,000 -- $1,341 / 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 $35,806 $3,433,320 $3,110,075 $323,245
2024 $35,806 $3,366,000 $3,049,093 $316,907
2023 $34,969 $3,300,000 $2,989,306 $310,694
2022 $32,177 $3,024,714 $2,733,722 $290,992
2021 $31,560 $2,965,406 $2,680,119 $285,287
2020 $31,257 $2,935,000 $2,652,638 $282,362
2019 $47,929 $4,525,043 $4,237,034 $288,009
2018 $46,970 $4,436,317 $4,153,955 $282,362
2017 $46,138 $4,349,331 $4,072,505 $276,826
2016 $45,097 $4,264,050 $3,992,651 $271,399
2015 $44,676 $4,200,000 $3,932,677 $267,323
2014 $4,247 $372,444 $77,972 $294,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22147646

California Regional Multiple Listing Service (CRMLS)

APN: 930-250-28