$4,195,000
SOLD AUG 5, 2013
2 Beds
2.5 Baths
2,112 Sq Ft
8,500 Sq Ft Lot

Recently Sold

$1,986 Per Sq Ft

25% Below List Price

320 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Forced Air Heating System
  • Harbor View Elementary School Rated A
  • No Interior Steps
  • Wood Siding

About This Home

As of March 2022

Overlooking Carnation Cove and offering commanding views of the Newport Harbor, Balboa Peninsula & beyond. As the sun goes down, the multi-colored sky of a sunset over Catalina emerges; giving way to the night light shimmering across the water and setting the scene for the most dramatic views in all of Coastal Orange County. Behind the courtyard gate is a landscaped yard leading to the main residence and the guest house above the garage. This location makes an ideal candidate to build either two separate residences or a one of a kind estate for the generations to come. With 50 feet of bluff frontage and an expansive flat pad, this site offers astounding views, privacy and abundant outdoor space seldom associated with bluff front living.

Last Agent to Sell the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 05/02/2012

Last Buyer's Agent

Timothy Tamura

VALIA Properties License #01305097 Listed on: 05/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $168,433

Year Built

  • Built in 1951

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 50x170

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Accessible Home Design

  • No Interior Steps

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 0.20 / D
  • Tax Tract Number 186
  • Assessor Parcel Number 05201326

Home Details

Home Type

Single Family

Est. Annual Taxes

$168,433

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-673-0789
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05201326
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2112.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 1986.27

Exterior Features

  • Patio: No
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 50x170
  • Lot Size Sq Ft: 8500.00
  • Lot Size Acres: 0.1950

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8500.0000 Square Feet

Tax Info

  • Tax Block: D
  • Tax Lot: 0.20
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Feb 22, 2022
Sold by
Ginsberg Darrin M
Bought by
Darrin M Ginsberg Trust
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Adrienne Brandes
Surterre Properties Inc.
List Price
$18,995,000
Sold Price
$15,350,000
Premium/Discount to List
-$3,645,000
-19.19%
Current Estimated Value
$11,432,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,917,988
Avg. Annual Appreciation
-12.38%

Purchase Details

Closed on
Oct 4, 2021
Sold by
Ginsberg Darrin M and Ginsberg Sharon Rose
Bought by
Ginsberg Darrin M and Ginsberg Sharon Rose

Purchase Details

Closed on
Oct 9, 2017
Sold by
Ginsberg Sharon Rose
Bought by
Ginsberg Darrin M and Ginsberg Sharon Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,137,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2012
Closed on
Jul 30, 2013
Sold by
Pleasantville Road Partners Llc
Bought by
Ginsberg Darrin M and Ginsberg Sharon Rose
Seller's Agent
Timothy Tamura
VALIA Properties
Buyer's Agent
Timothy Tamura
VALIA Properties
List Price
$5,595,000
Sold Price
$4,195,000
Premium/Discount to List
-$1,400,000
-25.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$2,100,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Collins Marilyn M and Collins Kelly J
Bought by
Pleasantville Road Partners Llc
Source: Public Records

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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 -- Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $4,195,000 First American Title Company
Grant Deed $3,750,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,520,000 Commercial
Previous Owner $2,000,000 Unknown
Previous Owner $8,137,500 New Conventional
Previous Owner $5,390,000 New Conventional
Previous Owner $2,100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $15,350,000 -4.0% $3,065 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $15,995,000 -5.9% $3,194 / Sq Ft
09/21/2021 09/21/21 Price Changed $16,995,000 -10.5% $3,394 / Sq Ft
07/05/2021 07/05/21 For Sale $18,995,000 0.0% $3,793 / Sq Ft
04/16/2020 04/16/20 Rented $25,000 +4.2% --
04/04/2020 04/04/20 For Rent $24,000 0.0% --
08/05/2013 08/05/13 Sold $4,195,000 0.0% $1,986 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
01/15/2013 01/15/13 Price Changed $4,195,000 -16.0% $1,986 / Sq Ft
05/16/2012 05/16/12 Price Changed $4,995,000 -10.7% $2,365 / Sq Ft
05/02/2012 05/02/12 For Sale $5,595,000 -- $2,649 / 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 $168,433 $15,970,140 $14,045,400 $1,924,740
2023 $164,512 $15,657,000 $13,770,000 $1,887,000
2022 $65,107 $6,162,250 $4,728,584 $1,433,666
2021 $63,854 $6,041,422 $4,635,867 $1,405,555
2020 $63,241 $5,979,475 $4,588,332 $1,391,143
2019 $61,917 $5,862,231 $4,498,365 $1,363,866
2018 $60,677 $5,747,286 $4,410,162 $1,337,124
2017 $59,600 $5,634,595 $4,323,689 $1,310,906
2016 $58,267 $5,524,113 $4,238,911 $1,285,202
2015 $48,823 $4,592,504 $4,175,239 $417,265
2014 $44,438 $4,195,000 $4,093,452 $101,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12001808

California Regional Multiple Listing Service (CRMLS)

APN: 052-013-26