$4,431,900
SOLD JUN 14, 2016
4 Beds
4.5 Baths
2,850 Sq Ft
2,960 Sq Ft Lot

Recently Sold

$1,555 Per Sq Ft

1% Below List Price

15 Days on Market

Highlights

  • White Water Ocean Views
  • Newly Remodeled
  • Primary Bedroom Suite
  • Harbor View Elementary School Rated A
  • Rooftop Deck
  • Ocean Side of Highway 1

About This Home

As of June 2016

The California poppy was designated the state flower of California in 1903. Also known as the flame flower, la amapola, and copa de oro "cup of gold" the poppy grows wild throughout California. This rustic modern-day farmhouse style home boast stately white pillars, a symmetrical shape complete with sprawling porches and a roof top deck with dreamy panoramic Newport Coast and white water views. The grand features and spacious scale suggest the charm and genteel lifestyle of the South here in Corona del Mar. Some of the custom crafted design elements throughout this four bedroom, five-bathroom abode include an open and spacious chef’s kitchen with quartz countertops and custom euro hinged cabinetry - hand stained with a soft contemporary light grey hue and complimented by a dramatic floor to ceiling stacked limestone fireplace face. The flooring throughout is a combination of French white oak hardwood, natural stone and coordinating designer tile in the bathrooms and laundry. Meet 318 Poppy, the flower streets newest “cup of gold” designed in collaboration between Teale Architecture and Scott Cross whose company SC Homes was recently named in the Orange County Business Journal as one of the Fastest Growing Private Small Companies. PHOTOS BY: Tim Krueger

Last Agent to Sell the Property

Summer Perry

Compass License #01882790 Listed on: 04/27/2016

Compass

Co-Listed By

Joanna Ganz

First Team Real Estate License #01871446

Last Buyer's Agent

Randy Beck

Arbor Real Estate License #01895043

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,446

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 2,960 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Golf Course
  • Mountain
  • Hills

Home Design

  • Custom Home
  • Modern Architecture
  • Split Level Home
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 2,850 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • <<builtInRangeToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Rooftop Deck
  • Patio
  • Rain Gutters
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Tankless Water Heater
  • Water Purifier
  • Phone Available

Community Details

  • No Home Owners Association
  • Built by SC Homes

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Tax Tract Number 673
  • Assessor Parcel Number 05218124

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,446

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: New Home Builder Warranty
  • Property Attached: No
  • Security: Wired for Alarm System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Custom Built, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05218124
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2850.00
  • Interior Amenities: Built-in Features, Balcony, Wired for Data, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Storage, Stone Counters, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 1555.05
  • Room Type: Entry, Foyer, Great Room, Living Room, Master Suite, Walk-In Closet
  • Window Features: Casement Windows, Double Pane Windows, Plantation Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Catalina, Coastline, Golf Course, Hills, Mountain(s), Ocean, Water, White Water
  • Builder Name: SC Homes
  • Patio And Porch Features: Porch, Front Porch, Rear Porch, Roof Top, Wrap Around
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Range, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater, Water Purifier
  • Electric: 220 Volts in Garage, 220 Volts For Spa, Electricity - On Property
  • Heating Type: Central, Forced Air, Fireplace(s), Natural Gas, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Size: 40' Wide
  • Lot Size Sq Ft: 2960.00
  • Price Per Lot Square Foot: 1497.26

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: A
  • Tax Lot: 12
  • Tax Tract Number: 673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2016
Closed on
Jun 13, 2016
Sold by
Carder Jami
Bought by
Carder Joshua Michael
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Randy Beck
Arbor Real Estate
List Price
$4,490,000
Sold Price
$4,431,900
Premium/Discount to List
-$58,100
-1.29%
Current Estimated Value
$6,681,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,249,620
Avg. Annual Appreciation
4.63%
Original Mortgage
$3,000,000
Outstanding Balance
$2,376,048
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,305,472

Purchase Details

Listed on
Apr 27, 2016
Closed on
May 19, 2016
Sold by
Poppy Properties Lp
Bought by
Carder Joshua Michael
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Randy Beck
Arbor Real Estate
List Price
$4,490,000
Sold Price
$4,431,900
Premium/Discount to List
-$58,100
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,376,048
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,305,472

Purchase Details

Closed on
Jun 19, 2014
Sold by
Wilson Marilyn P and Purkiss Richard A
Bought by
Poppy Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,472,500
Interest Rate
4.11%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 3, 2001
Sold by
Wilson Marily P
Bought by
Wilson Marily P

Purchase Details

Closed on
Apr 28, 2000
Sold by
Richard Purkiss and Richard Marily P
Bought by
Purkiss Richard A and Wilson Marily P

Purchase Details

Closed on
Jan 31, 1994
Sold by
Chandler Michael L and Chandler Melinda
Bought by
Purkiss Richard A and Wilson Marily P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.98%
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
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $4,262,500 Chicago Title Company
Grant Deed $1,825,000 Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $565,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,472,500 Construction
Previous Owner $250,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $4,431,900 -1.3% $1,555 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
04/27/2016 04/27/16 For Sale $4,490,000 +146.0% $1,575 / Sq Ft
09/01/2014 09/01/14 Sold $1,825,000 0.0% $1,907 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
08/30/2014 08/30/14 For Sale $1,825,000 -- $1,907 / 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 $52,446 $4,946,994 $4,030,045 $916,949
2023 $51,223 $4,849,995 $3,951,025 $898,970
2022 $50,379 $4,754,898 $3,873,554 $881,344
2021 $49,411 $4,661,665 $3,797,602 $864,063
2020 $48,937 $4,613,866 $3,758,662 $855,204
2019 $47,916 $4,523,399 $3,684,963 $838,436
2018 $46,958 $4,434,705 $3,612,708 $821,997
2017 $46,126 $4,347,750 $3,541,870 $805,880
2016 $24,604 $2,311,132 $1,785,373 $525,759
2015 $19,608 $1,825,000 $1,758,556 $66,444
2014 $8,510 $784,654 $708,398 $76,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16088873

California Regional Multiple Listing Service (CRMLS)

APN: 052-181-24