NOT LISTED FOR SALE

2525 Ocean Blvd Unit G-3 Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $2,445,000 - $3,433,000

2 Beds
2 Baths
1,200 Sq Ft
$575/mo HOA Fee

Last Sold May 08, 2012

Last sale price $1,050,000 $875 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $18,346/month

34 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Breakfast Bar
  • Harbor View Elementary School Rated A
  • Fireplace
  • 4-minute walk to Lookout Point

About This Home

As of May 2012

Stunning panoramic bay and ocean views from your balcony. This community is surrounded by some the most expensive and exclusive homes in Newport Beach. This 2 bedroom, 2 bath condo is original but very well maintained, ready for you to put the final touches on an amazing location. The Channel reef community is gated with an on-site manager, bayfront heated saltwater pool and spa, boat docks. Channel Reef will soon be renovated outside, ask agent.

Last Agent to Sell the Property

Brian Gibney

Coldwell Banker Realty License #01383231 Listed on: 03/09/2012

Coldwell Banker Realty

Last Buyer's Agent

Renee West

Compass License #01181153

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,997

Year Built

  • Built in 1964

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Storage or Cabinetry
  • Parking Available
  • Auto Driveway Gate
  • Guest Parking
  • Assigned Parking

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Catalina
  • Panoramic

Home Design

  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Fireplace

Kitchen

  • Breakfast Bar
  • Electric Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Heating Available
  • Sewer Paid

Additional Features

  • Property has ocean access
  • Ocean Front

Listing and Financial Details

  • Assessor Parcel Number 89525039

Community Details

Overview

  • 48 Units
  • Association Phone (949) 673-1788

Amenities

  • Community Barbecue Grill
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,997

Year Built

Built in 1964

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-500-1603
  • Property Attached: Yes
  • Subdivision Name Other: Channel Reef
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89525039
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 875.00
  • Spa Features: Association

Exterior Features

  • Patio: No
  • View: Bay, Catalina, Coastline, Marina, Ocean, Panoramic, Water, White Water
  • Fence: No
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Concrete

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Assigned, Covered, Guest, Built-In Storage
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Management, Pet Rules, Pool, Spa/Hot Tub, Storage
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Phone: 949-673-1788
  • 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
  • Waterfront Features: Ocean Access, Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2013
Sold by
Paulsen Timothy J
Bought by
Paulsen Timothy J and Paulsen Donna A
Total Days on Market
34
Current Estimated Value
$2,943,088

Purchase Details

Closed on
May 17, 2013
Sold by
Aadj Llc
Bought by
Paulsen Timothy J

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 26, 2012
Sold by
White David
Bought by
White David and Baughan White Marjorie Ann
Seller's Agent
Brian Gibney
Coldwell Banker Realty
Buyer's Agent
Renee West
Compass
List Price
$1,199,900
Sold Price
$1,050,000
Premium/Discount to List
-$149,900
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Listed on
Mar 9, 2012
Closed on
Apr 25, 2012
Sold by
White David and Baughan White Marjorie Ann
Bought by
Aadj Llc
Seller's Agent
Brian Gibney
Coldwell Banker Realty
Buyer's Agent
Renee West
Compass
List Price
$1,199,900
Sold Price
$1,050,000
Premium/Discount to List
-$149,900
-12.49%

Purchase Details

Closed on
Aug 10, 2005
Sold by
Baughan Marjorie A
Bought by
White David and Baughan-White Marjorie Ann

Purchase Details

Closed on
Mar 21, 2002
Sold by
Baughan Marjorie A
Bought by
Baughan Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,480
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1994
Sold by
Baughan Marjorie A
Bought by
Baughan Marjorie A
Source: Public Records

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Range of Values:

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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
Paulsen Timothy J -- None Available
Paulsen Timothy J $1,150,000 First American Title Company
White David -- California Title
Aadj Llc $1,050,000 California Title
White David -- --
Baughan Marjorie A -- --
Baughan Marjorie A -- --
Baughan Marjorie A -- --
Baughan Marjorie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baughan Marjorie A $652,480
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2012 05/08/12 Sold $1,050,000 -8.7% $875 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
04/05/2012 04/05/12 Price Changed $1,149,900 -4.2% $958 / Sq Ft
03/09/2012 03/09/12 For Sale $1,199,900 -- $1,000 / 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 $14,997 $1,388,369 $1,158,180 $230,189
2023 $14,644 $1,361,147 $1,135,471 $225,676
2022 $14,400 $1,334,458 $1,113,207 $221,251
2021 $14,125 $1,308,293 $1,091,380 $216,913
2020 $13,989 $1,294,879 $1,080,190 $214,689
2019 $13,702 $1,269,490 $1,059,010 $210,480
2018 $13,431 $1,244,599 $1,038,246 $206,353
2017 $13,194 $1,220,196 $1,017,889 $202,307
2016 $12,899 $1,196,271 $997,930 $198,341
2015 $12,777 $1,178,302 $982,940 $195,362
2014 $12,476 $1,155,221 $963,685 $191,536
Source: Public Records

Agents Affiliated with this Home

  • Brian Gibney

    Seller's Agent in 2012

    Brian Gibney

    Coldwell Banker Realty

    (949) 500-1603

    1 in this area

    78 Total Sales

    Brian Gibney
    Section Image

  • R

    Buyer's Agent in 2012

    Renee West

    Compass

    (714) 914-9060

    1 in this area

    3 Total Sales

    Renee West
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000999

California Regional Multiple Listing Service (CRMLS)

APN: 895-250-39

California Orange County Corona Del Mar 92625 Corona Del Mar

2525 Ocean Blvd Unit G-3, Corona Del Mar, CA

This home is located at 2525 Ocean Blvd Unit G-3, Corona Del Mar, CA 92625 since 09 March 2012 and is currently estimated at $2,943,088, approximately $2,452 per square foot. This property was built in 1964. 2525 Ocean Blvd Unit G-3 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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