$3,550,000
SOLD SEP 12, 2019
3 Beds
3.5 Baths
2,123 Sq Ft
4,235 Sq Ft Lot

Recently Sold

$1,672 Per Sq Ft

10% Below List Price

138 Days on Market

Highlights

  • Marina
  • Ocean View
  • Fishing
  • Harbor View Elementary School Rated A
  • Pebble Pool Finish
  • 1-minute walk to Begonia Park

About This Home

As of April 2021

This prized corner Ocean view property with its large 4235 SF lot also has a rare swimming pool! Why settle for 30 feet of view area from a standard sized CdM lot when you can 166 feet of view from the street frontage of this fabulous property. The open concept three bedroom, three and a half bath home is situated on prestigious Pacific Drive and overlooks the Harbor, the Ocean, the Wedge, Catalina, beautiful Begonia Park, Spyglass Hill, and Newport Coast. Enter through the Great Room with its Ocean views as it opens up to the kitchen. Enjoy cool Ocean breezes as you lounge with your friends at your personal oasis by the pool. Take a short stroll to the shops, restaurants, and Beaches of Corona del Mar. A three car side by side garage and central air conditioning are included with this fabulous one of a kind property. This home is located in AD 117 where the power poles are currently being removed and the power lines buried. Move in today, rent out the home as an income property, or build your dream home, the decision is yours!

Last Agent to Sell the Property

Mark Simon

Berkshire Hathaway Homeservice License #00816134 Listed on: 03/15/2019

Berkshire Hathaway Homeservice

Last Buyer's Agent

Jodi DiTolla

StoneWood Real Estate License #01969994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,642

Year Built

  • Built in 1958

Lot Details

  • 4,235 Sq Ft Lot
  • Lot Dimensions are 38x128x35x112
  • Southwest Facing Home
  • Block Wall Fence
  • Fence is in good condition
  • Landscaped
  • Corner Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Value in Land

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Marina
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Bungalow
  • Entry on the 2nd floor
  • Interior Block Wall
  • Composition Roof

Interior Spaces

  • 2,123 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Ice Maker
  • Kitchen Island
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Pebble Pool Finish
  • Filtered Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 329
  • Tax Tract Number 186
  • Assessor Parcel Number 45910213

Community Details

Overview

  • No Home Owners Association

Recreation

  • Marina
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,642

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45910213
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2123.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Block Walls, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Unfurnished, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Separated
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1672.16
  • Room Type: Bonus Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bedroom, Master Suite, Retreat, Walk-In Closet, Workshop
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Exterior Features: Lighting, Rain Gutters
  • View: Catalina, City Lights, Harbor, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Park/Greenbelt, Trees/Woods, Water
  • Fence: Yes
  • Fencing: Block, Good Condition
  • Patio And Porch Features: Front Porch
  • Pool Features: Private, Fenced, Filtered, In Ground, Pebble
  • Pool Private: Yes
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage Door Opener, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Refrigerator, Vented Exhaust Fan, Water Heater Central
  • Electric: 220 Volts in Garage
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Value In Land, Yard
  • Lot Size: 38x128x35x112
  • Lot Size Sq Ft: 4235.00
  • Lot Size Acres: 0.0972

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4235.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community, Marina in Community, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 329
  • Tax Census Tract: 627.01
  • Tax Lot: 1
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Jamison Investments Inc
Bought by
Banos Ricardo and Resurreccion Flormine
Current Estimated Value
$7,236,355

Purchase Details

Listed on
Mar 15, 2019
Closed on
Aug 23, 2019
Sold by
Neff James K and Neff Carmit P
Bought by
Jamison Investments Inc
Seller's Agent
Mark Simon
Berkshire Hathaway Homeservice
Buyer's Agent
Jodi DiTolla
StoneWood Real Estate
List Price
$3,950,000
Sold Price
$3,550,000
Premium/Discount to List
-$400,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%
Original Mortgage
$3,206,253
Interest Rate
3.7%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Grant Deed $4,200,000 Lawyers Title
Grant Deed $3,550,000 California Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,772,000 New Conventional
Previous Owner $330,000 Commercial
Previous Owner $3,206,253 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $4,200,000 -6.0% $933 / Sq Ft
03/18/2021 03/18/21 For Sale $4,470,000 0.0% $993 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $4,470,000 -2.7% $993 / Sq Ft
01/12/2021 01/12/21 Price Changed $4,595,000 -4.2% $1,021 / Sq Ft
12/05/2020 12/05/20 For Sale $4,795,000 +35.1% $1,066 / Sq Ft
09/12/2019 09/12/19 Sold $3,550,000 -10.1% $1,672 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $3,950,000 -- $1,861 / 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 $68,642 $7,068,463 $4,432,545 $2,635,918
2024 $68,642 $6,361,668 $4,345,632 $2,016,036
2023 $46,342 $4,260,424 $4,260,424 $0
2022 $46,739 $4,284,000 $4,108,259 $175,741
2021 $39,410 $3,586,778 $3,409,022 $177,756
2020 $39,064 $3,550,000 $3,374,066 $175,934
2019 $9,438 $740,415 $562,181 $178,234
2018 $9,406 $725,898 $551,158 $174,740
2017 $7,844 $711,665 $540,351 $171,314
2016 $7,670 $697,711 $529,756 $167,955
2015 $7,596 $687,231 $521,798 $165,433
2014 $7,418 $673,770 $511,577 $162,193
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19058698

California Regional Multiple Listing Service (CRMLS)

APN: 459-102-13