NOT LISTED FOR SALE

Estimated Value: $4,619,000 - $4,648,000

5 Beds
4.5 Baths
3,179 Sq Ft
$1,456/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $2,660,000 $837 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $27,204/month

53 Days on Market

Highlights

  • Ocean View
  • Spa
  • Two Primary Bedrooms
  • Harbor View Elementary School Rated A
  • Rooftop Deck
  • Updated Kitchen

About This Home

As of April 2021

More than just a beautiful home, 2541 Point Del Mar is a gateway to the idyllic lifestyle of Corona del Mar. Visitors are greeted to a tasteful courtyard with fountain and ultimately a five bedroom home with rich walnut wood flooring by Richard Marshall and hand-crafted millwork throughout. The recently remodeled kitchen, by renown Concept Studios, includes white Heritage cabinetry, top-of-the-line appliances and breakfast nook. The dining and adjacent living room is highlighted by designer light fixtures and beautiful Chesney’s limestone fireplace. Two bedrooms grace the ground level, one of which is currently set up as a study. Upstairs are three en-suite bedrooms including dual master suites. The main master bedroom is highlighted by an exquisite bath with the finest appointments from Waterworks and Concept Studios. Other details include automatic shades, custom closet by California Closets, large private deck, and another Chesney’s limestone fireplace.

The outdoor space is what really sets this property apart, beginning with the only home in the community to boast an expansive ocean view rooftop deck complete with spa, firepit, lounge and dining areas. The backyard was designed and built by Garden Studio with a stately olive tree, numerous fruit trees, heated covered logia, TV, fountain and music. The yard is simply an entertainer’s delight. Don’t miss this incredible property only steps away from the shops and restaurants in the quaint village of Corona del Mar.

Last Agent to Sell the Property

Rob Montgomery

Arbor Real Estate License #01110479 Listed on: 10/02/2020

Arbor Real Estate

Last Buyer's Agent

Amir Hoss

Berkshire Hathaway HomeService License #01961651

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,276

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Garden
  • Back Yard
  • Zero Lot Line
  • Property is zoned PC

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,179 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Six Burner Stove
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Rooftop Deck
  • Patio

Location

  • Property is near a park

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Water Softener

Community Details

  • Master Insurance
  • Pdm Home Owners Association, Phone Number (949) 833-2600
  • Keystone HOA
  • Point Del Mar Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 12209
  • Assessor Parcel Number 45864307

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,276

Year Built

Built in 1987 | Remodeled

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Point del Mar (PDMR)
  • View: Yes
  • Zoning: PC
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45864307
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3179.00 Square Feet
  • Stories: 2
  • Entry Location: Ground level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 836.74
  • Room Type: Two Masters
  • Spa Features: Private
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Range, Water Softener
  • Heating Type: Central
  • Laundry Features: Dryer Included, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: PDM Home Owners
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Storm Drains
  • Association Management: Keystone

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Zero Lot Line
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918
  • Latitude Manual: 33.60438500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.42
  • Tax Lot: 39
  • Tax Tract Number: 12209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2021
Sold by
Parsadayan Massie
Bought by
Parsadayan Massie and Massie Parsadayan Living Rust
Current Estimated Value
$4,629,167

Purchase Details

Closed on
Dec 2, 2020
Sold by
Gil Daniel Walter and Sassoon Deborah Ann
Bought by
Parsadayan Massie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2009
Sold by
Gil Daniel Walter and Sassoon Deborah Ann
Bought by
Gil Daniel Walter and Sassoon Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.17%
Mortgage Type
Unknown
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
Parsadayan Massie -- None Available
Parsadayan Massie $2,660,000 Lawyers Title
Gil Daniel Walter -- None Available
Gil Daniel Walter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massie Parsadayan Living Trust $1,000,000
Previous Owner Gil Daniel Walter $1,800,000
Previous Owner Gil Daniel Walter $480,000
Previous Owner Gil Daniel Walter $487,000
Previous Owner Gil Daniel W $500,000
Previous Owner Gil Daniel W $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $2,660,000 -11.2% $837 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/11/2020 10/11/20 Price Changed $2,995,000 -4.9% $942 / Sq Ft
10/02/2020 10/02/20 For Sale $3,150,000 -- $991 / 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 $28,276 $2,710,066 $2,091,662 $618,404
2024 $28,276 $2,656,928 $2,050,649 $606,279
2023 $27,613 $2,604,832 $2,010,440 $594,392
2022 $27,228 $2,553,757 $1,971,019 $582,738
2021 $13,281 $1,234,699 $684,150 $550,549
2020 $13,153 $1,222,039 $677,135 $544,904
2019 $12,882 $1,198,078 $663,858 $534,220
2018 $12,625 $1,174,587 $650,841 $523,746
2017 $12,401 $1,151,556 $638,079 $513,477
2016 $12,123 $1,128,977 $625,568 $503,409
2015 $12,007 $1,112,019 $616,171 $495,848
2014 $11,797 $1,090,237 $604,101 $486,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20206059

California Regional Multiple Listing Service (CRMLS)

APN: 458-643-07