NOT LISTED FOR SALE

2525 Ocean Blvd Unit C-4 Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $3,882,000 - $5,264,000

2 Beds
2 Baths
1,200 Sq Ft
1964 Built

Last Sold March 08, 2012

Last sale price $1,100,000 $917 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $27,700/month

223 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Fireplace
  • Harbor View Elementary School Rated A
  • Covered Patio or Porch
  • 4-minute walk to Lookout Point

About This Home

As of March 2012

Stunning views looking up Newport Harbor are visible while relaxing on the front patio. With light coming from both the kitchen window and patio, the condo is bright and light. 2-bedroom, 2-bath, this condo is waiting for someone to lend their personal touch! The Channel Reef complex offers a gated security entry, an onsite property manager, heated saltwater pool and spa, and boat docks. Ask agent about soon-to-come Channel Reef renovations.

Last Agent to Sell the Property

Renee West

Compass License #01181153 Listed on: 07/26/2011

Compass

Last Buyer's Agent

Sandy DeAngelis

Seven Gables Real Estate License #00960016

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,122

Year Built

  • Built in 1964

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Parking Lot
  • Assigned Parking

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • City Lights
  • Pool

Home Design

  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Fireplace
  • Living Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Heating Available
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 89525016

Community Details

Overview

  • Property has a Home Owners Association
  • 48 Units

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,122

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 714-914-9060
  • Property Attached: Yes
  • Subdivision Name Other: Channel Reef
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89525016
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 916.67
  • Room Type: Living Room
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Bay, Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Pool, Water
  • Fence: No
  • Patio And Porch Features: Covered
  • Pool Features: Community
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Electric Cooking, Refrigerator
  • Heating Type: Electric
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Pool, Spa/Hot Tub
  • Association Fee: 575.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2017
Sold by
Macpherson James S
Bought by
Kim Kenneth T and Kim Unhui Lee
Current Estimated Value
$4,748,159

Purchase Details

Listed on
Jul 26, 2011
Closed on
Mar 8, 2012
Sold by
Norco Reef Llc
Bought by
Macpherson James S
Seller's Agent
Renee West
Compass
Buyer's Agent
Sandy DeAngelis
Seven Gables Real Estate
List Price
$1,225,000
Sold Price
$1,100,000
Premium/Discount to List
-$125,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Jul 23, 2010
Sold by
Down Lisa W
Bought by
Norco Reef Llc

Purchase Details

Closed on
Jul 17, 2010
Sold by
Carlson Vivian
Bought by
Norco Reef Llc

Purchase Details

Closed on
Jul 12, 2010
Sold by
Moulun Renee
Bought by
Norco Reef Llc

Purchase Details

Closed on
Jul 3, 2010
Sold by
Stokes Joseph
Bought by
Norco Reef Llc

Purchase Details

Closed on
Aug 27, 1999
Sold by
Shelters Roberta E
Bought by
Willits Edward H

Purchase Details

Closed on
Aug 15, 1997
Sold by
Houghton William D and Houghton Roberta Lynn
Bought by
Shelters Roberta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 1996
Sold by
Houghton William D and Parrish Roberta Lynn
Bought by
Houghton William D and Parrish Roberta Lynn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kim Kenneth T $4,800,000 First American Title Company
Macpherson James S $1,100,000 California Title
Norco Reef Llc -- None Available
Norco Reef Llc -- None Available
Norco Reef Llc -- None Available
Stokes Joseph -- None Available
Norco Reef Llc -- None Available
Stokes Joseph -- None Available
Willits Edward H $600,000 First American Title Ins Co
Shelters Roberta E $425,000 North American Title Co
Houghton William D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelters Roberta E $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2012 03/08/12 Sold $1,100,000 -10.2% $917 / Sq Ft
07/15/2011 07/15/11 For Sale $1,225,000 -- $1,021 / 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 $29,122 $2,785,402 $1,865,778 $919,624
2024 $29,122 $2,730,787 $1,829,194 $901,593
2023 $28,441 $2,677,243 $1,793,328 $883,915
2022 $27,970 $2,624,749 $1,758,165 $866,584
2021 $27,434 $2,573,284 $1,723,691 $849,593
2020 $27,171 $2,546,899 $1,706,017 $840,882
2019 $26,607 $2,496,960 $1,672,565 $824,395
2018 $26,003 $2,448,000 $1,639,769 $808,231
2017 $15,407 $1,430,426 $874,149 $556,277
2016 $15,062 $1,402,379 $857,009 $545,370
2015 $12,309 $1,133,988 $844,136 $289,852
2014 $10,575 $974,378 $827,601 $146,777
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Renee West

    Compass

    (714) 914-9060

    1 in this area

    3 Total Sales

    Renee West
    Section Image
  • Sandy DeAngelis

    Buyer's Agent in 2012

    Sandy DeAngelis

    Seven Gables Real Estate

    (714) 357-8565

    129 Total Sales

    Sandy DeAngelis
    Section Image

  • P

    Buyer Co-Listing Agent in 2012

    Peggy Desantis

    Seven Gables Real Estate

    (714) 402-7117

    3 Total Sales

    Peggy Desantis
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11003214

California Regional Multiple Listing Service (CRMLS)

APN: 895-250-16

California Orange County Newport Beach 92625 Corona Del Mar

2525 Ocean Blvd Unit C-4, Newport Beach, CA

This home is located at 2525 Ocean Blvd Unit C-4, Corona Del Mar, CA 92625 since 26 July 2011 and is currently estimated at $4,748,159, approximately $3,956 per square foot. This property was built in 1964. 2525 Ocean Blvd Unit C-4 is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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