NOT LISTED FOR SALE

Estimated Value: $5,559,000

5 Beds
8 Baths
8,310 Sq Ft
$669/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $18,080,000 $2,176 Per Sq Ft

Current estimated payment $35,264/month

191 Days on Market

Highlights

  • Ocean Front
  • Wine Cellar
  • Built in 2018 | Newly Remodeled
  • Harbor View Elementary School Rated A
  • Home Theater
  • 1-minute walk to Lookout Point

About This Home

As of May 2018

2908 Ocean sold before completion, entered for COMP purposes only.
This warm new contemporary residence embodies the comfort and allure of coastal lifestyle. With approximately 8,310 square feet of living space, 2908 Ocean Blvd. rests on one of the largest lots in Corona del Mar. Unmatched oceanfront views and the luxury of expansive outdoor entertaining space exemplify this home’s timeless appeal. Enjoy captivating sunsets with guests on its expansive and inviting outdoor deck, draped by lush tropical foliage. The generous interior lends itself to entertainment with a media room, 5 bedrooms, 6 full & 2 half bathrooms, and 4-car garage. Situated within walking distance to world-class shops & restaurants, the charming ocean-swept town of Corona del Mar is at your doorstep.

Last Agent to Sell the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 10/10/2017

Last Buyer's Agent

Lisa Helou

The Oppenheim Group License #00624164

The Oppenheim Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 9,161 Sq Ft Lot
  • Lot Dimensions are 45 x 210
  • Ocean Front
  • Drip System Landscaping
  • Sprinklers Throughout Yard

Parking

  • 4 Car Attached Garage
  • 2 Carport Spaces

Property Views

  • Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 8,310 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Game Room
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Heated Spa
  • Property has ocean access
  • Fire Pit

Schools

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

Utilities

  • High Efficiency Air Conditioning
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 05206223

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

9,161 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05206223
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8310.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2175.69
  • Room Type: Family Room, Formal Entry, Foyer, Game Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Heated

Exterior Features

  • View: Catalina, Coastline, Ocean
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • 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: Lot 10000-19999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size: 45 x 210
  • Lot Size Sq Ft: 9161.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2018
Sold by
Zahedi Siamak and Zahedi Siama K
Bought by
Zahedi Siamak and Zahedi Eileen C
Current Estimated Value
$5,559,000

Purchase Details

Listed on
Oct 10, 2017
Closed on
Apr 27, 2018
Sold by
2908 Ocean Llc
Bought by
Zahedi Siama K and Zahedi Eileen Cressida
Seller's Agent
Timothy Tamura
VALIA Properties
Buyer's Agent
Lisa Helou
The Oppenheim Group
List Price
$18,995,000
Sold Price
$18,080,000
Premium/Discount to List
-$915,000
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.95%

Purchase Details

Closed on
Aug 2, 2005
Sold by
Jobe Shirley A
Bought by
Jobe Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
5.52%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Zahedi Siamak -- None Available
Zahedi Siama K -- First American Title
Jobe Shirley A -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jobe Shirley A $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $18,080,000 -4.8% $2,176 / Sq Ft
10/10/2017 10/10/17 For Sale $18,995,000 -- $2,286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $212,550 $20,571,955 $16,485,649 $4,086,306
2024 $212,550 $20,168,584 $16,162,401 $4,006,183
2023 $207,662 $19,773,122 $15,845,491 $3,927,631
2022 $204,257 $19,385,414 $15,534,795 $3,850,619
2021 $200,325 $19,005,308 $15,230,191 $3,775,117
2020 $198,406 $18,810,432 $15,074,024 $3,736,408
2019 $194,240 $18,441,600 $14,778,454 $3,663,146
2018 $66,687 $6,312,190 $3,750,504 $2,561,686
2017 $52,670 $4,969,351 $3,676,965 $1,292,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18123364

California Regional Multiple Listing Service (CRMLS)

APN: 052-062-23

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