304 Iris Ave Newport Beach, CA 92625
Corona Del Mar Neighborhood
2
Beds
3.5
Baths
1,759
Sq Ft
4,792
Sq Ft Lot
Highlights
- Ocean View
- New Construction
- Ocean Side of Highway 1
- Harbor View Elementary School Rated A
- Primary Bedroom Suite
- 5-minute walk to Bayside Drive Park
About This Home
As of February 2022From renowned luxury home builder, Nicholson Companies, comes this newest project in the coveted 300 block of the “Flower Streets” in the Corona del Mar Village. Situated on an over-sized 40-foot ocean-close parcel, this soft contemporary back unit home of nearly 1,800 sq ft blends innovative design and the finest of materials to produce the ultimate in coastal chic. The dramatic main living floor features an open great room layout with sliding floor-to-ceiling glass doors opening to a private loggia making for seamless indoor/outdoor living. There, one finds the gourmet kitchen with professional series appliances and sleek custom cabinetry next to dining and living areas with stylish fireplace, guest powder room and laundry room. The luxurious master suite sits adjacent, and includes free-standing bath, glass-enclosed shower, dual sinks, private commode, walk-in closet and direct access to the private loggia. A second ensuite bedroom is located on the third level along with a multi-purpose loft with separate full bath and the expansive rooftop deck with commanding views, ideal for sun bathing and sunsets. With pedestrian-friendly sidewalks at your front door leading to nearby beaches, restaurants, and shops, this is truly a rare mix of stunning real estate and “location, location, location”. For Front Unit/302 Iris, see MLS NP19137559.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #00704984 Listed on: 06/14/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $29,946
Year Built
- Built in 2019 | New Construction
Lot Details
- Property fronts an alley
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Landscaped
- Sprinkler System
Parking
- 1 Car Direct Access Garage
- 1 Attached Carport Space
- On-Street Parking
Property Views
- Ocean
- City Lights
- Golf Course
- Peek-A-Boo
- Neighborhood
Home Design
- Contemporary Architecture
- Turnkey
- Asbestos Shingle Roof
- Plaster
Interior Spaces
- 1,759 Sq Ft Home
- Open Floorplan
- Wired For Sound
- Built-In Features
- High Ceiling
- Skylights
- Double Pane Windows
- Sliding Doors
- Insulated Doors
- Entryway
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room
- Loft
- Bonus Room
- Home Security System
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- <<doubleOvenToken>>
- Six Burner Stove
- Free-Standing Range
- <<microwave>>
- Dishwasher
- Kitchen Island
- Stone Countertops
- Self-Closing Drawers and Cabinet Doors
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Main Level Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Upgraded Bathroom
- Stone Bathroom Countertops
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- <<tubWithShowerToken>>
- Separate Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Ocean Side of Highway 1
- Balcony
- Enclosed patio or porch
- Rain Gutters
Schools
- Harbor View Elementary School
- Corona Del Mar High School
Utilities
- Central Heating and Cooling System
- 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
- 302 Iris Association
- Built by Nicholson Companies
Recreation
- Park
- Bike Trail
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2022
Closed on
Jan 18, 2022
Sold by
Jeffrey Koury
Bought by
Alavi-Mehrabian Revocable Living Trust
Seller's Agent
Michael Yue
COMPASS
Buyer's Agent
Janelle File
Compass
List Price
$2,580,000
Sold Price
$2,700,000
Premium/Discount to List
$120,000
4.65%
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
$1,120,664
Avg. Annual Appreciation
10.59%
Original Mortgage
$2,160,000
Outstanding Balance
$2,022,515
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,798,149
Purchase Details
Listed on
Jun 14, 2019
Closed on
Jan 23, 2020
Sold by
302 Iris Llc
Bought by
Koury Jeffrey
Seller's Agent
Gordon Henry
Pacific Sotheby's Int'l Realty
Buyer's Agent
Conrad Peterson
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,300,000
Premium/Discount to List
-$295,000
-11.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$1,200,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,700,000 | First American Title | |
| Grant Deed | $2,300,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,160,000 | New Conventional | |
| Previous Owner | $1,200,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Rented | $9,500 | -4.0% | -- |
| 04/01/2024 04/01/24 | Price Changed | $9,900 | -9.2% | $5 / Sq Ft |
| 03/13/2024 03/13/24 | For Rent | $10,900 | +14.7% | -- |
| 04/18/2022 04/18/22 | Rented | $9,500 | +3.3% | -- |
| 04/11/2022 04/11/22 | Price Changed | $9,200 | -3.2% | $5 / Sq Ft |
| 03/09/2022 03/09/22 | For Rent | $9,500 | 0.0% | -- |
| 02/08/2022 02/08/22 | Sold | $2,700,000 | +4.7% | $1,446 / Sq Ft |
| 01/12/2022 01/12/22 | Pending | -- | -- | -- |
| 01/07/2022 01/07/22 | For Sale | $2,580,000 | +12.2% | $1,382 / Sq Ft |
| 03/13/2020 03/13/20 | Sold | $2,300,000 | -4.0% | $1,308 / Sq Ft |
| 01/15/2020 01/15/20 | Pending | -- | -- | -- |
| 12/27/2019 12/27/19 | Price Changed | $2,395,000 | -7.7% | $1,362 / Sq Ft |
| 06/14/2019 06/14/19 | For Sale | $2,595,000 | -- | $1,475 / 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 | $29,946 | $2,809,080 | $2,157,537 | $651,543 |
| 2023 | $29,246 | $2,754,000 | $2,115,232 | $638,768 |
| 2022 | $25,294 | $2,370,304 | $1,774,470 | $595,834 |
| 2021 | $24,810 | $2,323,828 | $1,739,677 | $584,151 |
| 2020 | $18,982 | $1,769,104 | $1,584,409 | $184,695 |
Source: Public Records
Agents Affiliated with this Home
-
Janelle File
Seller's Agent in 2024
Janelle File
Compass
(949) 466-5661
59 in this area
115 Total Sales
-
Brandon Goethals
Seller Co-Listing Agent in 2024
Brandon Goethals
Compass
(949) 500-1807
35 in this area
67 Total Sales
-
M
Seller's Agent in 2022
Michael Yue
COMPASS
-
E
Buyer's Agent in 2022
Edison Cook
Surterre Properties Inc.
-
Gordon Henry
Seller's Agent in 2020
Gordon Henry
Pacific Sotheby's Int'l Realty
(949) 500-1236
8 in this area
31 Total Sales
-
Conrad Peterson
Buyer's Agent in 2020
Conrad Peterson
Coldwell Banker Realty
(949) 500-7788
4 in this area
15 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19137567
APN: 930-254-05
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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