NOT LISTED FOR SALE

Estimated Value: $5,646,000 - $9,953,481

4 Beds
2 Baths
2,101 Sq Ft
$3,630/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $1,460,000 $695 Per Sq Ft

Est. 422% increase in value since last sale

Current estimated payment $46,081/month

218 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • 0.47 Acre Lot
  • Harbor View Elementary School Rated A
  • Ocean Side of Freeway
  • Fireplace in Kitchen

About This Home

As of June 2012

Located in the prestigious neighborhood of Shore Cliffs and first time on the Market! Unique Opportunity to Remodel or build your custom home on a large 18,000+ square foot lot on the Ocean side of Coast Highway. This Split level home situated on a prime corner lot location offers both Canyon and Ocean views. Upper level features Formal living room with fireplace looking out over pool deck and views of Buck Gulley beyond. Kitchen with ocean view and nook/family room with fireplace. Step down to lower level wing with 4 Bedrooms, 2 Bathrooms and Atrium type hallway with walls of glass looking out to pool deck. Home is in need of major upgrading, so either rehab or start again and build your dream home with even more Ocean Views from an allowable 2nd story. Enjoy all that Shore Cliffs has to offer including: Membership in the Private Community, access to Private Beaches, Low HOA and close to downtown Corona Del Mar, Fashion Island and Laguna Beach

Last Agent to Sell the Property

Gary Macrides

Surterre Properties Inc License #01267654 Listed on: 11/13/2011

Surterre Properties Inc

Last Buyer's Agent

Jon Dishon

Arbor Real Estate License #01192701

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,194

Year Built

  • Built in 1953

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 86x240
  • Corner Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Property Views

  • Ocean
  • Canyon

Home Design

  • Bungalow
  • Fixer Upper
  • Stone Roof
  • Wood Siding

Interior Spaces

  • 2,101 Sq Ft Home
  • Fireplace Features Masonry
  • Family Room
  • Center Hall

Kitchen

  • Country Kitchen
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • In Ground Pool
  • Ocean Side of Freeway
  • Patio

Utilities

  • Heating Available

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 0.47
  • Tax Tract Number 1116
  • Assessor Parcel Number 05219120

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,194

Year Built

Built in 1953

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-370-6827
  • Property Attached: No
  • Subdivision Name Other: Shore Cliffs
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05219120
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2101.00
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Country Kitchen
  • Fireplace Features: Kitchen, Masonry
  • Levels: One
  • Price Per Square Foot: 694.91
  • Room Type: Center Hall, Family Room, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • View: Canyon, Ocean, Water
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Stone
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 52.00
  • Association Fee Frequency: Annually
  • Phone: 94999999
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Corner Lot
  • Lot Size: 86x240
  • Lot Size Sq Ft: 20640.00
  • Lot Size Acres: 0.4740

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20640.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 0.47
  • Tax Tract Number: 1116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2014
Sold by
Sutton Andy and Sutton Natalie
Bought by
Victoria Investments
Current Estimated Value
$7,627,620

Purchase Details

Listed on
Nov 13, 2011
Closed on
May 4, 2012
Sold by
Shapiro Paul
Bought by
Sutton Andy and Sutton Natalie
Seller's Agent
Gary Macrides
Surterre Properties Inc
Buyer's Agent
Jon Dishon
Arbor Real Estate
List Price
$1,950,000
Sold Price
$1,460,000
Premium/Discount to List
-$490,000
-25.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%
Original Mortgage
$1,168,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Shapiro Haskell and Shapiro Patricia
Bought by
Shapiro Haskell and Shapiro Patricia
Source: Public Records

Range of Values:

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Average Value
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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
Victoria Investments $2,550,000 Orange Coast Title Company
Sutton Andy $1,460,000 California Title Company
Shapiro Haskell -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutton Andy $1,168,000
Previous Owner Sutton Andy $1,168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2012 06/27/12 Sold $1,460,000 -16.6% $695 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
12/10/2011 12/10/11 Price Changed $1,750,000 -10.3% $833 / Sq Ft
11/13/2011 11/13/11 For Sale $1,950,000 -- $928 / 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 $54,194 $5,215,406 $3,125,952 $2,089,454
2024 $54,194 $5,113,144 $3,064,659 $2,048,485
2023 $52,930 $5,012,887 $3,004,568 $2,008,319
2022 $52,059 $4,914,596 $2,945,655 $1,968,941
2021 $51,058 $4,818,232 $2,887,897 $1,930,335
2020 $50,569 $4,768,827 $2,858,285 $1,910,542
2019 $49,513 $4,675,321 $2,802,240 $1,873,081
2018 $48,523 $4,583,649 $2,747,295 $1,836,354
2017 $47,663 $4,493,774 $2,693,426 $1,800,348
2016 $46,587 $4,405,661 $2,640,613 $1,765,048
2015 $39,796 $3,737,378 $2,600,949 $1,136,429
2014 $16,062 $1,495,960 $1,368,160 $127,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S679735

California Regional Multiple Listing Service (CRMLS)

APN: 052-191-20