$1,800,000
SOLD JUN 27, 2013
2 Beds
1 Bath
1,100 Sq Ft
1,800 Sq Ft Lot

Recently Sold

$1,636 Per Sq Ft

10% Below List Price

73 Days on Market

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Traditional Architecture
  • Harbor View Elementary School Rated A
  • All Bedrooms Downstairs
  • 2-minute walk to Lookout Point

About This Home

As of March 2022

Have you ever heard the maxim "You should buy the cheapest house in the best neighborhood you can afford," or "The three most important words in real estate are location, location, location." This China Cove bay front home is the least expensive waterfront property on the main channel of the harbor. With spectacular views of the harbor and sunsets and the bay beach out your front door, this home has all the qualities of successful real estate investing. Cute as can be and ready for those endless days at the beach, this stylish home features an upgraded kitchen, two bedrooms and one bath, and a large living room. China Cove is one Corona Del Mar's most coveted locations and the beach is perfect for young children and families with its gentle waters and large flat sandy beach.

Last Agent to Sell the Property

Steve High

Pacific Sotheby’s International Realty License #00936421 Listed on: 04/02/2013

Pacific Sotheby’s International Realty

Co-Listed By

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496

Last Buyer's Agent

AJ Olson Whitfield

Pacific Sotheby's Int'l Realty License #01869034

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,182

Year Built

  • Built in 1946

Lot Details

  • 1,800 Sq Ft Lot
  • Property Fronts a Bay or Harbor

Property Views

  • Ocean
  • Bay
  • Panoramic

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • Fireplace With Gas Starter
  • Living Room
  • Carpet
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • No Heating
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / A33
  • Tax Tract Number 186
  • Assessor Parcel Number 05204404

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,182

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05204404
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 1636.36
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom

Exterior Features

  • View: Bay, Ocean, Panoramic, Water
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 1800.00
  • Lot Size Acres: 0.0410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1800.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front

Tax Info

  • Tax Block: A33
  • Tax Lot: 1
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2016
Sold by
Edmonds Eric Robert and Silkey Kendra Burrell
Bought by
Edmonds Eric Robert and Edmonds Kendra Silkey
Current Estimated Value
$4,446,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jun 20, 2013
Sold by
Hamilton John William and Hamilton Kathryn Davis
Bought by
Edmonds Eric Robert and Silkey Kendra Burrell
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
AJ Olson Whitfield
Pacific Sotheby's Int'l Realty
List Price
$1,999,000
Sold Price
$1,800,000
Premium/Discount to List
-$199,000
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$1,440,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2002
Sold by
Hamilton John W and Hamilton Kathryn
Bought by
Hamilton John William and Hamilton Kathryn Davis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.94%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Hamilton John W and Hamilton Kathryn
Bought by
Hamilton John W and Hamilton Kathryn

Purchase Details

Closed on
Nov 3, 1998
Sold by
Hamilton John W and Hamilton Kathryn
Bought by
Hamilton John W and Hamilton Kathryn
Source: Public Records

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Range of Values:

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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
Interfamily Deed Transfer -- Ticor Title Company Of Ca
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Gift Deed -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,312,000 New Conventional
Closed $1,360,000 Adjustable Rate Mortgage/ARM
Closed $1,440,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Unknown
Previous Owner $900,000 Unknown
Previous Owner $202,000 No Value Available
Previous Owner $206,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $3,550,000 -1.3% $3,550 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/17/2022 02/17/22 Price Changed $3,595,000 0.0% $3,595 / Sq Ft
02/17/2022 02/17/22 For Sale $3,595,000 +9.0% $3,595 / Sq Ft
01/10/2022 01/10/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $3,299,000 0.0% $3,299 / Sq Ft
05/24/2021 05/24/21 Rented $7,500 +4.2% --
05/18/2021 05/18/21 Under Contract -- -- --
05/05/2021 05/05/21 Price Changed $7,200 -15.3% $7 / Sq Ft
05/05/2021 05/05/21 For Rent $8,500 +30.8% --
07/06/2018 07/06/18 Rented $6,500 -18.2% --
06/01/2018 06/01/18 For Rent $7,950 0.0% --
06/27/2013 06/27/13 Sold $1,800,000 -10.0% $1,636 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $1,999,000 0.0% $1,817 / Sq Ft
06/20/2012 06/20/12 Rented $5,500 +12.2% --
06/20/2012 06/20/12 Under Contract -- -- --
06/20/2012 06/20/12 For Rent $4,900 -- --
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 $39,182 $3,693,420 $3,329,280 $364,140
2023 $38,266 $3,621,000 $3,264,000 $357,000
2022 $22,337 $2,088,722 $1,991,318 $97,404
2021 $21,909 $2,047,767 $1,952,272 $95,495
2020 $21,699 $2,026,770 $1,932,254 $94,516
2019 $21,250 $1,987,030 $1,894,367 $92,663
2018 $20,827 $1,948,069 $1,857,222 $90,847
2017 $20,459 $1,909,872 $1,820,806 $89,066
2016 $19,999 $1,872,424 $1,785,104 $87,320
2015 $19,811 $1,844,299 $1,758,290 $86,009
2014 $19,344 $1,808,172 $1,723,847 $84,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13057901

California Regional Multiple Listing Service (CRMLS)

APN: 052-044-04