NOT LISTED FOR SALE

Estimated Value: $4,018,000 - $10,877,416

4 Beds
4.5 Baths
2,224 Sq Ft
$3,347/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $7,000,000 $3,147 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $47,243/month

53 Days on Market

Highlights

  • White Water Ocean Views
  • New Construction
  • No HOA
  • Harbor View Elementary School Rated A
  • Bonus Room
  • 4-minute walk to Corona Del Mar State Beach Park

About This Home

As of February 2020

From the exclusive Ocean Blvd bluff to the beach below. One of only seven homes affording direct access from Ocean Blvd and the privacy of a fenced lower lot; buffered from the public beach by the gated access of Breakers Drive. Unparalleled views spanning from historic, Arch Rock to Catalina Island, Palos Verdes and beyond. Beach Cottage Chic bluff front home and carriage house below with a custom built “funicular - elevating vehicle” to transport passengers from the main house to the carriage house & elevated party deck below. Home is under construction with still enough time to add your own custom touches. Soak up the sun, savor the sea breezes and take in the spectacular sunsets from The Ultimate Beach House; in perhaps the most ideal setting along the entire Southern California Coast. In addition, Seller has Coastal Commission approved plans to build a new home of approximately 4,100 sq. ft., on three levels, in the place of the existing two level home.

Last Agent to Sell the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 10/30/2019

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $80,213

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,831 Sq Ft Lot
  • Lot Dimensions are 126 x 54

Parking

  • 3 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Bluff

Interior Spaces

  • 2,224 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room
  • Home Gym
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 1026
  • Assessor Parcel Number 05212015

Home Details

Home Type

Single Family

Est. Annual Taxes

$80,213

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05212015
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2224.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3147.48
  • Room Type: Bonus Room, Exercise Room

Exterior Features

  • View: Coastline, Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • 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
  • Land Lease: No
  • Lot Features: Bluff
  • Lot Size: 126 x 54
  • Lot Size Sq Ft: 6831.00
  • Lot Size Acres: 0.1568

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6831.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 1026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Jan 28, 2020
Sold by
Evensen R Christian B
Bought by
Wagner David R and Wagner Brooke E
Seller's Agent
Timothy Tamura
VALIA Properties
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$8,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,995,000
-22.18%
Current Estimated Value
$7,443,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,854
Avg. Annual Appreciation
1.12%
Original Mortgage
$3,500,000
Interest Rate
3.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 6, 2014
Sold by
Evensen R Christian B
Bought by
Evensen R Christian

Purchase Details

Closed on
Jan 25, 2011
Sold by
Evensen Christian B
Bought by
Evensen R Christian B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Evensen R Christian B
Bought by
Evensen R Christian B

Purchase Details

Closed on
Mar 15, 2007
Sold by
Evensen Loretta G
Bought by
Evensen R Christian B

Purchase Details

Closed on
May 4, 2001
Sold by
Atkinson Mary A
Bought by
Evensen Loretta G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1993
Sold by
Atkinson T A and Atkinson M
Bought by
Atkinson Thomas A
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Wagner David R $7,000,000 North American Title Company
Evensen R Christian -- None Available
Evensen R Christian B -- None Available
Evensen R Christian B -- None Available
Evensen R Christian B -- None Available
Evensen Loretta G $2,850,000 Chicago Title Co
Atkinson Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner David R $3,500,000
Closed Wagner David R $3,500,000
Previous Owner Evensen R Christian B $2,135,839
Previous Owner Evensen R Christian B $1,810,295
Previous Owner Evensen R Christian B $1,855,000
Previous Owner Evensen R Christian B $1,838,487
Previous Owner Evensen Loretta G $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $7,000,000 -6.7% $3,147 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
12/03/2019 12/03/19 Price Changed $7,500,000 -16.6% $3,372 / Sq Ft
10/30/2019 10/30/19 For Sale $8,995,000 -- $4,045 / 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
2025 $80,213 $7,730,356 $6,711,615 $1,018,741
2024 $80,213 $7,578,781 $6,580,015 $998,766
2023 $78,340 $7,430,178 $6,450,995 $979,183
2022 $77,049 $7,284,489 $6,324,505 $959,984
2021 $46,377 $4,367,295 $3,932,945 $434,350
2020 $46,052 $4,326,968 $3,892,618 $434,350
2019 $43,110 $4,053,421 $3,816,293 $237,128
2018 $41,968 $3,947,098 $3,741,464 $205,634
2017 $39,753 $3,729,407 $3,570,063 $159,344
2016 $38,559 $3,627,759 $3,500,061 $127,698
2015 $38,197 $3,573,267 $3,447,487 $125,780
2014 $37,297 $3,503,272 $3,379,955 $123,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19254891

California Regional Multiple Listing Service (CRMLS)

APN: 052-120-15