$1,950,000
SOLD DEC 1, 2017
2 Beds
2 Baths
1,136 Sq Ft
$625/mo HOA Fee

Recently Sold

$1,717 Per Sq Ft

13% Below List Price

153 Days on Market

Highlights

  • Marina
  • Ocean View
  • Boat Dock
  • Harbor View Elementary School Rated A
  • Property has ocean access
  • 4-minute walk to Lookout Point

About This Home

As of January 2019

This two bedroom, two bath condominium has stunning ocean, harbor and channel views on the fourth floor and relative privacy only one unit from the end. Heated salt water pool, spa, marina and barbecues. Home has been remodeled with granite kitchen counters, lots of built-in bookcases and cabinets, a large extra closet and new paint and carpet. Garage parking on the same level. From the balcony, living room or master bedroom enjoy the daytime boating activity, night time water front serenity, waves at “the wedge” and the Christmas boat parade. Walk to some of the best beaches, fine dining and care free shopping. Newport Center, Fashion Island and Balboa Island are all nearby. Close to the University of California Irvine, John Wayne Airport and the eclectic Laguna Beach. This home is ready for you to move in.

Last Agent to Sell the Property

William McCaffrey

Berkshire Hathaway HomeService License #01976680 Listed on: 05/31/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,979

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Two or More Common Walls
  • West Facing Home
  • Security Fence
  • Landscaped
  • Lot Sloped Down

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Property Views

  • Ocean
  • Marina
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • Pool

Home Design

  • Modern Architecture
  • Fire Rated Drywall
  • Asphalt Roof
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Plaster

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Roller Shields
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Living Room
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Mirrored Closets Doors
  • 2 Full Bathrooms
  • Corian Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Docks
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Radiant Heating System
  • Natural Gas Not Available
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 89525040

Community Details

Overview

  • Channel Reef Community Association, Phone Number (949) 673-1788

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Community Pool
  • Community Spa
  • Fishing

Pet Policy

  • No Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,979

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$625 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator
  • Other Phone Description: Agent cell phon
  • Other Phone Number: 9498879358
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Channel Reef (CREF)
  • View: Yes
  • Zoning: R-3
  • Architectural Style: Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89525040
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1136.00 Square Feet
  • Interior Amenities: Built-in Features, Corian Counters, Granite Counters, Storage, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s)
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1716.55
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Spa Features: Association, Heated, In Ground
  • Window Features: Blinds, Drapes, Roller Shields, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Corian Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Bay, Catalina, Harbor, Marina, Ocean, Panoramic, Pool, Water
  • Fence: Yes
  • Fencing: Security
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association, In Ground, Salt Water, Heated, Gas Heat
  • Pool Private: No
  • Roof: Asphalt
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Plaster, Steel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Covered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Radiant, Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Dock, Pier, Storage, Cable TV, Trash, Sewer, Water, Dues Paid Monthly, Pet Rules, Pets Not Permitted, Management, Controlled Access
  • Association Fee: 625.00
  • Association Fee Frequency: Monthly
  • Association Name: Channel Reef Community Association
  • Phone: 949-673-1788
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Landscaped, Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Canal Front, Fishing in Community, Includes Dock, Marina in Community, Navigable Water, Ocean Access, Seawall

Tax Info

  • Tax Census Tract: 627.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Jan 17, 2019
Sold by
Harrison Lucille A
Bought by
Purcell Michael J and Purcell Rita M
Seller's Agent
Sue Young
Compass
Buyer's Agent
Ilene Wallach
Real Brokerage Technologies, Inc
List Price
$2,100,000
Sold Price
$2,050,000
Premium/Discount to List
-$50,000
-2.38%
Current Estimated Value
$3,407,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,357,630
Avg. Annual Appreciation
8.32%

Purchase Details

Listed on
May 31, 2017
Closed on
Nov 11, 2017
Sold by
Harrison Lucille A
Bought by
Harrison Michael R
Seller's Agent
William McCaffrey
Berkshire Hathaway HomeService
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$1,387,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 31, 2017
Closed on
Nov 9, 2017
Sold by
Mccaffrey William J and Mccaffrey Megumi T
Bought by
Harriso Michael R
Seller's Agent
William McCaffrey
Berkshire Hathaway HomeService
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,250,000
Sold Price
$1,950,000
Premium/Discount to List
-$300,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 20, 2010
Sold by
Mccaffrey William J
Bought by
Mccaffrey William J and Mccaffrey Megumi T

Purchase Details

Closed on
Feb 4, 2002
Sold by
Mccaffrey William J
Bought by
Mccaffrey William J
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 Type Sale Price Title Company
Grant Deed $2,050,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,950,000 California Title Co9
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,387,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,400,000 New Conventional
Previous Owner $1,400,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $560,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $2,050,000 -2.4% $1,805 / Sq Ft
01/04/2019 01/04/19 For Sale $2,100,000 +7.7% $1,849 / Sq Ft
12/01/2017 12/01/17 Sold $1,950,000 -2.5% $1,717 / Sq Ft
10/10/2017 10/10/17 Price Changed $1,999,000 -4.8% $1,760 / Sq Ft
07/17/2017 07/17/17 Price Changed $2,099,000 -6.7% $1,848 / Sq Ft
05/31/2017 05/31/17 For Sale $2,250,000 -- $1,981 / 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 $23,979 $2,241,973 $2,013,333 $228,640
2023 $23,417 $2,198,013 $1,973,856 $224,157
2022 $23,029 $2,154,915 $1,935,153 $219,762
2021 $22,588 $2,112,662 $1,897,209 $215,453
2020 $22,371 $2,091,000 $1,877,756 $213,244
2019 $21,267 $1,950,000 $1,757,400 $192,600
2018 $20,843 $1,950,000 $1,757,400 $192,600
2017 $6,615 $602,272 $412,473 $189,799
2016 $6,467 $590,463 $404,385 $186,078
2015 $6,404 $581,594 $398,311 $183,283
2014 $6,252 $570,202 $390,509 $179,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17120735

California Regional Multiple Listing Service (CRMLS)

APN: 895-250-40