NOT LISTED FOR SALE

Estimated Value: $6,370,000 - $8,419,000

5 Beds
4.5 Baths
5,750 Sq Ft
$1,295/Sq Ft Est. Value

Highlights

  • Ocean View
  • Wine Cellar
  • Primary Bedroom Suite
  • Harbor View Elementary School Rated A
  • Filtered Pool
  • Wood Flooring

About This Home

As of December 2017

Experience breathtaking views of Catalina Island, Newport Harbor, and the Pacific Ocean all the way to Palos Verdes from this custom built residence ideally located walking distance from all the amenities of the Corona del Mar Village. Every element of the home was painstakingly chosen to craft this remarkable home. Solid walnut flooring with antique terracotta entry, wood beams reclaimed from Midwest farm, custom built cabinets in every room, French antique tile roof, chef quality kitchen with Calcutta Marble counters, Beaumaniere limestone slab bathroom counters, wine cellar encased in Texas limestone and much more. Featuring 5 bedrooms, 4.5 bathrooms, including a main floor master suite with exceptional views, an oversize great room with French doors that open to the loggia, pool and spa, all with sit down views of Newport Harbor. A lower level family room and guest suite with private patio are perfect for alternative entertaining space. 3-car garage and spacious laundry room complete this remarkable residence.

Last Agent to Rent the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 05/31/2017

Co-Listed By

Steven Sergi

VALIA Properties License #01417942

Last Renter's Agent

Matthew Hoyt

Hoyt Real Estate, Inc. License #01426139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,319

Year Built

  • Built in 2008

Lot Details

  • 0.33 Acre Lot
  • Southwest Facing Home
  • Landscaped
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Pool

Home Design

  • Tile Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 5,750 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace Features Masonry
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Stone Porch or Patio
  • Terrace
  • Fire Pit
  • Exterior Lighting

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • $100 HOA Transfer Fee

Listing and Financial Details

  • Security Deposit $75,000
  • Rent includes association dues, gardener, pool
  • Available 7/1/17
  • Tax Lot 458
  • Tax Tract Number 32
  • Assessor Parcel Number 45803209

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,319

Year Built

Built in 2008

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1500
  • Deposit Security: 75000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Harbor View Hills I (HAV1)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 45803209
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5750.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Family Room, Living Room, Fire Pit, Masonry
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3.48
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Great Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Pantry, Wine Cellar
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Exterior Features: Lighting
  • View: Bay, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Pool, Water
  • Patio And Porch Features: Stone, Terrace
  • Pool Features: Private, In Ground, Filtered, Heated
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14523.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Census Tract: 626.42
  • Tax Lot: 458
  • Tax Tract Number: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Favreau Michael and Favreau Laura
Bought by
Favreau Family Trust and Michael
Current Estimated Value
$7,448,552

Purchase Details

Closed on
Feb 5, 2019
Sold by
Favreu Michael E and Favreu Laura
Bought by
Favreau Michael E and Favreau Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,300,000
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 1998
Sold by
Tucker Stephen L
Bought by
Favreau Michael E and Farveau Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.11%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 8, 1995
Sold by
Hasbach Reg A and Hasbach Ray H
Bought by
Tucker Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Favreau Family Trust -- None Listed On Document
Favreau Michael E -- Orange Coast Ttl Co Of Socal
Favreau Michael E $719,000 Fidelity National Title Co
Tucker Stephen L -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Favreau Michael E $4,469,000
Previous Owner Favreau Michael E $4,300,000
Previous Owner Favreau Michael E $3,900,000
Previous Owner Favreau Michael E $650,000
Previous Owner Favreau Michael E $525,300
Previous Owner Favreau Michael E $594,700
Previous Owner Favreau Michael E $596,400
Previous Owner Favreau Michael E $250,000
Previous Owner Favreau Michael E $596,400
Previous Owner Favreau Michael E $600,000
Previous Owner Favreau Michael E $450,000
Previous Owner Tucker Stephen L $75,000
Previous Owner Tucker Stephen L $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2017 12/09/17 Rented $20,000 -7.0% --
09/22/2017 09/22/17 Price Changed $21,500 -14.0% $4 / Sq Ft
08/09/2017 08/09/17 Price Changed $25,000 -7.4% $4 / Sq Ft
05/31/2017 05/31/17 For Rent $27,000 -- --
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 $22,319 $2,125,414 $937,990 $1,187,424
2024 $22,319 $2,083,740 $919,598 $1,164,142
2023 $21,796 $2,042,883 $901,567 $1,141,316
2022 $21,434 $2,002,827 $883,889 $1,118,938
2021 $21,023 $1,963,556 $866,557 $1,096,999
2020 $20,822 $1,943,423 $857,672 $1,085,751
2019 $20,391 $1,905,317 $840,855 $1,064,462
2018 $19,985 $1,867,958 $824,367 $1,043,591
2017 $19,632 $1,831,332 $808,203 $1,023,129
2016 $19,191 $1,795,424 $792,356 $1,003,068
2015 $19,011 $1,768,456 $780,455 $988,001
2014 $18,563 $1,733,815 $765,167 $968,648
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17121169

California Regional Multiple Listing Service (CRMLS)

APN: 458-032-09