NOT LISTED FOR SALE

Estimated Value: $3,846,000 - $4,177,306

5 Beds
3 Baths
3,136 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $1,900,000 $606 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $24,552/month

116 Days on Market

Highlights

  • Heated In Ground Pool
  • View of Trees or Woods
  • Deck
  • Corona del Mar Middle and High School Rated A
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of January 2015

Priced at the appraised value. Property has been inspected and appraised. Sellers have taken the guess work out of the price. The lowest priced per sq.ft. 5 bedroom in the area. Own a beautifully remodeled and expanded Somerset featuring 5 bedrooms one bed on main floor (currently used as an office), 3 baths, approx 3,135 sq ft that is complete with the finest details, new appliances, new carpets, freshly painted throughout, Pella windows, 4 sky lights that provide endless sunlight, large master suite with sitting area and spa like master bath, 3 car garage and more. Built on an approx 9,148 sq ft oversized, private lot with lush landscaping situated on the sunny side of the street. This is truly an entertainer’s home with a resort like pool, spa, barbeque area and firepit. Attend the award winning Andersen Elementary and Corona del Mar High School. Close to beaches, John Wayne Airport, Fashion Island, major freeways. Surrounded by greenbelts, playing fields, tennis courts and tot-lots. Harbor View Homes has an outstanding reputation for champion swim teams and community life style.

Last Listed By

Patty Lance

Compass License #01386734 Listed on: 09/16/2014

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,243

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 66x141
  • Fenced
  • Fence is in excellent condition
  • On-Hand Building Permits

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Additions or Alterations

Interior Spaces

  • 3,136 Sq Ft Home
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Bay Window
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 7845
  • Assessor Parcel Number 45851201

Community Details

Overview

  • Phase Iii Association
  • Somerset

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Hiking Trails
  • Jogging Track
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,243

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$101 per month

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: washer, dryer and refrigerator
  • Other Phone Description: 949 933 4742
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Harbor View Homes (HVHM)
  • View: Yes
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45851201
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3136.00
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Recessed Lighting, Sunken Living Room, Track Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors, Storm Door(s)
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 605.87
  • Room Type: Main Floor Bedroom
  • Spa Features: In Ground, Private
  • Window Features: Bay Window(s), Double Pane Windows, Plantation Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Deck
  • Pool Features: Association, Heated, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Self Cleaning Oven, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Biking Trails, Banquet Facilities, Clubhouse, Hiking Trails, Jogging Track, Outdoor Cooking Area, Pets Permitted, Picnic Area, Playground, Pool, Recreation Room, Sport Court, Tennis Court(s)
  • Association Fee: 101.00
  • Association Fee Frequency: Monthly
  • Association Name: Phase III
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size: 66x141
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 52
  • Tax Tract Number: 7845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2015
Sold by
Espinosa David and Yap Li Yen
Bought by
Yap Espinosa Family Revocable Living Tru
Total Days on Market
116
Current Estimated Value
$4,022,077

Purchase Details

Listed on
Sep 16, 2014
Closed on
Jan 13, 2015
Sold by
Merjanian Edward Z and Merjanian Silva
Bought by
Espinosa David and Yap Li Yen
Seller's Agent
Patty Lance
Compass
Buyer's Agent
Mark Mintz
Compass
List Price
$2,080,000
Sold Price
$1,900,000
Premium/Discount to List
-$180,000
-8.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Feb 6, 2003
Sold by
Merjanian Edward Z and Merjanian Silva
Bought by
Merjanian Edward Z and Merjanian Silva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.83%

Purchase Details

Closed on
Feb 1, 2003
Sold by
Merjanian Edward Z and Merjanian Silva
Bought by
Merjanian Edward Z and Merjanian Silva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.83%

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
Yap Espinosa Family Revocable Living Tru -- None Available
Espinosa David $1,900,000 Equity Title
Merjanian Edward Z -- First American Title Co
Merjanian Edward Z -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merjanian Edward Z $530,369
Previous Owner Merjanian Edward Z $273,000
Previous Owner Merjanian Edward Z $250,000
Previous Owner Merjanian Edward Z $75,000
Previous Owner Merjanian Edward Z $93,995
Closed Merjanian Edward Z $174,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $1,900,000 -2.6% $606 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
12/06/2014 12/06/14 Price Changed $1,950,000 -3.7% $622 / Sq Ft
11/04/2014 11/04/14 Price Changed $2,025,000 -2.6% $646 / Sq Ft
09/16/2014 09/16/14 For Sale $2,080,000 -- $663 / 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 $23,243 $2,238,738 $2,015,165 $223,573
2023 $22,692 $2,194,842 $1,975,652 $219,190
2022 $22,262 $2,151,806 $1,936,913 $214,893
2021 $21,831 $2,109,614 $1,898,934 $210,680
2020 $21,608 $2,087,983 $1,879,463 $208,520
2019 $21,175 $2,047,043 $1,842,611 $204,432
2018 $20,761 $2,006,905 $1,806,481 $200,424
2017 $20,376 $1,967,554 $1,771,059 $196,495
2016 $19,921 $1,928,975 $1,736,332 $192,643
2015 $6,834 $640,559 $422,001 $218,558
2014 -- $628,012 $413,735 $214,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14200301

California Regional Multiple Listing Service (CRMLS)

APN: 458-512-01