NOT LISTED FOR SALE

Estimated Value: $6,245,000 - $7,269,619

4 Beds
6 Baths
2,900 Sq Ft
$2,311/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2016

Last sale price $1,750,000 $603 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $43,331 / mo

Highlights

  • Cabana
  • Built in 2018 | Newly Remodeled
  • City Lights View
  • Harbor View Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of September 2019

Abundant natural light, graceful living spaces, and custom finishes are the hallmark of the exceptional newly built residence located two blocks from famed Ocean Blvd in Corona del Mar. The best of Village living, in close proximity to local beaches, restaurants and amenities along Pacific Coast Highway, 316 Iris Ave. boasts 4 bedrooms with 4 full and 2 half bathrooms, including a main level suite and second floor office. Contemporary design with clean lines, complimented by soothing tones and warm materials make for a dramatic front elevation and stunning interior. Floor to ceiling walls of glass retract to provide seamless indoor-outdoor living across the great room and multiple patios. Perfectly blended materials and colors evoke comfort and sophistication; solid, wide-plank wood flooring, natural stone counters, custom cabinetry, and designer selected hardware and light fixtures. Complete with an elevator to service all living levels. The gracious rooftop deck replete with covered dining area and open view deck, perfect for daily relaxation or special event entertaining. Every detail has been considered to deliver this remarkable residence to the most discerning buyer. Built by Patterson Custom Homes with architecture by Chris Brandon.

Last Agent to Rent the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 09/01/2019

Co-Listed By

Steven Sergi

VALIA Properties License #01417942

Last Renter's Agent

Denise Campanelli

Team Laguna Inc License #01909917

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 3,540 Sq Ft Lot
  • Cul-De-Sac
  • Side Yard Sprinklers

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furniture Can Be Negotiated
  • Family Room with Fireplace
  • Family or Dining Combination
  • Home Office
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Double Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Cabana
  • Deck
  • Patio
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

  • Two cooling system units
  • Zoned Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • $200 HOA Transfer Fee

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 9/1/19
  • Legal Lot and Block 18 / 236
  • Tax Tract Number 186
  • Assessor Parcel Number 05209207

Home Details

Home Type

Single Family

Year Built

Built in 2018 | Newly Remodeled

Lot Details

3,540 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2019-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 2000
  • Deposit Security: 20000
  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Transfer Fees: 200.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05209207
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2900.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Family Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 6.21
  • Room Type: Family Room, Main Floor Bedroom, Master Suite, Office
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Exhaust Fan(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: City Lights
  • Patio And Porch Features: Cabana, Deck, Patio
  • Pool Private: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • 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
  • Lot Features: Cul-De-Sac, Sprinklers On Side, Walkstreet
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3540.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Block: 236
  • Tax Census Tract: 627.02
  • Tax Lot: 18
  • Tax Tract Number: 186

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Bought by
Current Estimated Value
$7,161,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,224,000
Interest Rate
0.0275%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
0.0348%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 5, 2015
Closed on
Jun 7, 2016
Sold by
Bought by
Seller's Agent
Troy Davis
The Agency Realty, Inc.
Buyer's Agent
Troy Davis
The Agency Realty, Inc.
List Price
$2,399,000
Sold Price
$1,750,000
Premium/Discount to List
-$649,000
-27.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%
Original Mortgage
$1,675,000
Interest Rate
0.0361%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
0.0375%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
0.069%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,960,000 Stewart Title Of Ca Inc
$2,260,000 Ticor Title
$1,750,000 Ticor Title
-- First American Title Co
$2,200,000 First American Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $3,224,000
Closed $2,300,000
Closed $2,340,000
Closed $1,100,000
Closed $1,675,000
Closed $1,610,000
Closed $230,000
Closed $1,500,000
Closed $250,000
Closed $250,000
Closed $40,000
Closed $85,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2019 09/23/19 Rented $18,000 +13.2% --
09/04/2019 09/04/19 Price Changed $15,900 +14.4% $5 / Sq Ft
09/01/2019 09/01/19 For Rent $13,900 0.0% --
06/20/2016 06/20/16 Sold $1,750,000 -27.1% $700 / Sq Ft View Prior Sale
11/21/2015 11/21/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $2,399,000 -- $960 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $55,777 $5,368,862 $4,011,627 $1,357,235
2024 $55,777 $5,263,591 $3,932,968 $1,330,623
2023 $54,476 $5,160,384 $3,855,851 $1,304,533
2022 $53,579 $5,059,200 $3,780,246 $1,278,954
2021 $36,874 $3,470,112 $2,315,000 $1,155,112
2020 $36,521 $3,434,531 $2,291,263 $1,143,268
2019 $35,760 $3,367,188 $2,246,337 $1,120,851
2018 $26,328 $2,471,591 $2,202,292 $269,299
2017 $24,278 $2,260,000 $2,159,109 $100,891
2016 $26,045 $2,436,000 $2,338,000 $98,000
2015 $26,186 $2,436,000 $2,338,000 $98,000
2014 $24,011 $2,240,000 $2,142,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19209212

California Regional Multiple Listing Service (CRMLS)

APN: 052-092-07

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