302 Iris Ave Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated Value: $4,948,795 - $5,395,000
3
Beds
3.5
Baths
2,475
Sq Ft
4,792
Sq Ft Lot
Highlights
- Ocean View
- New Construction
- Across the Road from Lake or Ocean
- Harbor View Elementary School Rated A
- Rooftop Deck
- 5-minute walk to Bayside Drive Park
About This Home
As of August 2023Soft contemporary masterpiece in the coveted 300 block of the CDM Village. Boasting an over-sized 40-foot wide ocean-close parcel, this front unit home of nearly 2,500 sq ft harmonizes innovative design and the finest of materials to produce the ultimate in coastal chic. With an emphasis on effortless indoor/outdoor living, retractable floor-to-ceiling glass doors on the main level transform the spacious great room into a dramatic indoor/outdoor living space, integrating the inviting front patio and the private interior courtyard patio. Lush landscaping, built-in patio seating around a raised fire pit and tranquil stone garden waterfall feature add to the refined seaside ambiance. Awaiting the most discerning chef is the gourmet kitchen with professional series appliances and sleek designer finishes. Completing the main level are an ensuite bedroom, powder room, “disappearing” laundry area, and an elevator serving all levels. Two additional bedroom suites upstairs include the stylish master suite with sumptuous free-standing bath, glass-enclosed shower, dual sinks, private commode, walk-in closet and intimate outdoor deck. Atop it all, commanding views await from the large rooftop deck retreat, while from your front door, pedestrian-friendly sidewalks lead to nearby beaches, restaurants and shops. This is truly a stunning home marked by “location, location, location”.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #00704984 Listed on: 07/18/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $53,525
Year Built
- Built in 2019 | New Construction
Lot Details
- 1 Common Wall
- Masonry wall
- Wood Fence
- Sprinklers on Timer
Parking
- 1 Car Attached Garage
- 1 Attached Carport Space
- Side by Side Parking
- Single Garage Door
- Garage Door Opener
- On-Street Parking
Property Views
- Ocean
- Panoramic
- City Lights
- Peek-A-Boo
- Hills
- Neighborhood
Home Design
- Contemporary Architecture
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Asbestos Shingle Roof
- Fire Retardant Roof
- Plaster
Interior Spaces
- 2,475 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Built-In Features
- Double Pane Windows
- Sliding Doors
- Atrium Doors
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Alarm System
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Double Self-Cleaning Convection Oven
- Electric Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Self-Closing Drawers and Cabinet Doors
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Upgraded Bathroom
- Stone Bathroom Countertops
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Rooftop Deck
- Patio
- Terrace
- Fire Pit
- Front Porch
Location
- Across the Road from Lake or Ocean
Utilities
- Central Heating and Cooling System
- Overhead Utilities
- Natural Gas Not Available
- Central Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 186
- Assessor Parcel Number 05209202
Community Details
Overview
- Property has a Home Owners Association
- 2 Units
- Built by Nicholson Companies
- Corona Del Mar South Of Pch Subdivision
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2023
Closed on
Aug 14, 2023
Sold by
J & J Adams Living Trust
Bought by
Myong Sik Joo Md And Jae Kyung Joo 1992 Trust and Joo
Seller's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
Buyer's Agent
Nicole Joo
eXp Realty of California Inc
List Price
$5,295,000
Sold Price
$5,250,000
Premium/Discount to List
-$45,000
-0.85%
Total Days on Market
19
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,402
Avg. Annual Appreciation
-0.40%
Purchase Details
Listed on
Jun 13, 2019
Closed on
Dec 12, 2019
Sold by
302 Iris Llc
Bought by
Adams Jon W and Adams Jennifer S
Seller's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
Buyer's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
List Price
$3,995,000
Sold Price
$3,950,000
Premium/Discount to List
-$45,000
-1.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$2,500,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 15, 2017
Sold by
Bubion Investments Properties Llc
Bought by
302 Iris Llc
Purchase Details
Listed on
Feb 3, 2017
Closed on
Mar 28, 2017
Sold by
Pelican Development Co
Bought by
Bubion Investment Properties Llc
Seller's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
Buyer's Agent
Mark Barker
Compass
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Purchase Details
Closed on
Jun 17, 1994
Sold by
Boehringer William E
Bought by
Pelican Development Company
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Myong Sik Joo Md And Jae Kyung Joo 1992 Trust | $5,050,000 | Chicago Title | |
| Adams Jon W | $3,950,000 | Orange Coast Title | |
| 302 Iris Llc | $3,104,000 | Accommodation | |
| Bubion Investment Properties Llc | $3,100,000 | Orange Coast Title Company O | |
| Pelican Development Company | -- | Orange Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Adams Jon W | $2,500,000 | |
| Closed | 302 Iris Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2023 08/26/23 | Sold | $5,250,000 | -0.8% | $2,121 / Sq Ft |
| 08/06/2023 08/06/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | For Sale | $5,295,000 | +34.1% | $2,139 / Sq Ft |
| 12/13/2019 12/13/19 | Sold | $3,950,000 | -1.1% | $1,596 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 06/13/2019 06/13/19 | For Sale | $3,995,000 | +28.9% | $1,614 / Sq Ft |
| 05/05/2017 05/05/17 | Sold | $3,100,000 | -11.3% | $1,430 / Sq Ft |
| 03/27/2017 03/27/17 | Pending | -- | -- | -- |
| 02/03/2017 02/03/17 | For Sale | $3,495,000 | -- | $1,612 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $53,525 | $5,050,000 | $3,990,803 | $1,059,197 |
| 2023 | $43,829 | $4,152,154 | $3,198,180 | $953,974 |
| 2022 | $43,105 | $4,070,740 | $3,135,471 | $935,269 |
| 2021 | $42,276 | $3,990,922 | $3,073,991 | $916,931 |
| 2019 | $37,559 | $3,570,024 | $3,106,684 | $463,340 |
| 2018 | $33,113 | $3,104,000 | $3,045,769 | $58,231 |
| 2017 | $7,775 | $692,096 | $625,233 | $66,863 |
| 2016 | $7,605 | $678,526 | $612,974 | $65,552 |
| 2015 | $7,531 | $668,334 | $603,766 | $64,568 |
| 2014 | $7,355 | $655,243 | $591,939 | $63,304 |
Source: Public Records
Agents Affiliated with this Home
-
Gordon Henry
Seller's Agent in 2023
Gordon Henry
Pacific Sotheby's Int'l Realty
(949) 500-1236
8 in this area
31 Total Sales
-
Nicole Joo
Buyer's Agent in 2023
Nicole Joo
eXp Realty of California Inc
(888) 584-9427
1 in this area
7 Total Sales
-
J
Seller Co-Listing Agent in 2017
Jeanette Nuqui
Griffin Real Estate, Inc
-
Buyer's Agent in 2017
Mark Barker
Compass
(949) 246-3949
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23130796
APN: 930-254-04
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