NOT LISTED FOR SALE

Estimated Value: $1,939,000 - $2,182,000

2 Beds
2 Baths
2,462 Sq Ft
$788/mo HOA Fee

Last Sold May 06, 2014

Last sale price $899,000 $365 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $12,402/month

6 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Two Primary Bedrooms
  • Marco Forster Middle School Rated A-
  • Gated Parking
  • Ocean Side of Highway 1

About This Home

As of May 2014

Resort-like living in award winning LANTERN BAY VILLAS! Largest single story "Essex" plan w/over 2460 sq. ft. Bldg Elevator from garage- considered "wheelchair access". Great, quiet location - warm, comfortable, & charming Villa - not backing on busy street. Enjoy cool ocean breezes from courtyard/garden vu balcony. Open floor plan - great for entertaining with Travertine marble fireplace in view from Den, Living room, & formal Dining room. Cozy Family room off kitchen includes add'l fireplace & wood finished eating bar. Gourmet kitchen includes cherry wood finish cabinetry, engineered hardwood flooring, Italian transformation granite counter tops, upgraded newer appliances, stainless steel sinks, wet bar w/pass-thru to dining room. Lg. master suite features custom blt-ins in mirrored closets & opening to ocean-air balcony. 2nd bdrm can be considered another master w/adjacent bath. Other impressive features include: Central A/C, beautiful custom chandeliers, lg entry oak beveled glass door, vanishing screen, corian counter tops, tile flrg, warm, neutral colored custom paint , 9 ft. coffered ceilings. Walking distance to DP harbor, beaches, shops, restaurants, & hotels. Assn. amenities include: pool, spa, saunas, tennis, fitness center, & clubhouse.

Last Agent to Sell the Property

Barbara Hawkins

Lantern Bay Realty License #00700248 Listed on: 03/31/2014

Co-Listed By

Linda Markunas

Lantern Bay Realty License #01305807

Last Buyer's Agent

Nancy Hunt

Keller Williams OC Coastal Realty License #00636131

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,397

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $788 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Gated Parking
  • Guest Parking
  • Controlled Entrance
  • Community Parking Structure

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Slate Roof
  • Synthetic Roof
  • Common Roof
  • Wood Siding

Interior Spaces

  • 2,462 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • Coffered Ceiling
  • High Ceiling
  • Double Pane Windows
  • Window Screens
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Den with Fireplace
  • Storage
  • Utility Room
  • Courtyard Views
  • Pest Guard System

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Corian Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible
  • No Interior Steps

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a clubhouse
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 11153
  • Assessor Parcel Number 93986061

Community Details

Overview

  • 112 Units
  • Lantern Bay Villas Association
  • Built by Smyth
  • Essex

Amenities

  • Sauna
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,397

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$788 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Washer & Dryer, Refrigerators, gas logs
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Gated Community
  • Subdivision Name Other: Lantern Bay Villas (LV)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93986061
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2462.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Coffered Ceiling(s), Corian Counters, Granite Counters, High Ceilings, Living Room Balcony, Storage, Tile Counters, Wet Bar
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room, Dining Room
  • Entry Level: 1
  • Fireplace Features: Den, Family Room
  • Levels: One
  • Price Per Square Foot: 365.15
  • Room Type: Entry, Family Room, Formal Entry, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Two Masters, Utility Room
  • Spa Features: Association
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Builder Name: Smyth
  • Patio And Porch Features: Brick, Covered, Deck
  • Pool Features: Association, Community
  • Pool Private: Yes
  • Roof: Common Roof, Slate, Synthetic
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Guest, Built-In Storage, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Electric Oven, Electric Cooktop, Disposal, Refrigerator, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Controlled Access, Dues Paid Monthly, Gym/Ex Room, Management, Pest Control, Pet Rules, Pool, Recreation Room, Sewer, Sauna, Spa/Hot Tub, Tennis Court(s), Trash, Water
  • Association Fee: 788.00
  • Association Fee Frequency: Monthly
  • Association Name: Lantern Bay Villas
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Close to Clubhouse, Near Public Transit
  • Lot Size Sq Ft: 2462.00
  • Lot Size Acres: 0.0570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2462.0000 Square Feet
  • Number Of Units In Community: 112
  • Number Of Units Total: 112
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 11153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2018
Sold by
Maas Carolee M
Bought by
Johnson Sheila and The Sheila Johnson Living Trust
Current Estimated Value
$2,027,325

Purchase Details

Closed on
Mar 24, 2015
Sold by
Stern W Rod
Bought by
Maas Carolee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2014
Sold by
Posner Allen A
Bought by
Stern W Rod and Allen A Posner Trust

Purchase Details

Listed on
Mar 31, 2014
Closed on
Apr 8, 2014
Sold by
Black Malcolm S and Black Doris B
Bought by
Posner Allen A and Posner Donna L
Seller's Agent
Barbara Hawkins
Lantern Bay Realty
Buyer's Agent
Nancy Hunt
Keller Williams OC Coastal Realty
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Closed on
Oct 19, 2009
Sold by
Black Malcolm S and Black Doris B
Bought by
Black Malcolm S and Black Doris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,700
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2007
Sold by
Black Malcolm S and Black Doris B
Bought by
Black Malcolm S and Black Doris B

Purchase Details

Closed on
May 22, 2007
Sold by
Black Malcolm S and Black Doris B
Bought by
Black Malcolm S and Black Doris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,700
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Black Malcolm S and Black Doris B
Bought by
Black Malcolm S and Black Doris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,700
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2004
Sold by
Black Malcolm S and Black Doris B
Bought by
Black Malcolm S and Black Doris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,700
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2003
Sold by
Black Malcolm S and Black Doris B
Bought by
Black Malcolm S and Black Doris B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Johnson Sheila $977,500 Fidelity National Title Co
Maas Carolee M $910,000 First American Title Company
Stern W Rod -- First American Title Company
Posner Allen A $899,000 First American Title Company
Black Malcolm S -- None Available
Black Malcolm S -- Lsi Local Solutions
Black Malcolm S -- None Available
Black Malcolm S -- Fidelity National Title Co
Black Malcolm S -- Accommodation
Black Malcolm S -- Fidelity National Title Co
Black Malcolm S -- Fidelity National Title
Black Malcolm S -- Fidelity National Title Co
Black Malcolm S -- Fidelity National Title
Black Malcolm S -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maas Carolee M $660,000
Previous Owner Black Malcolm S $289,700
Previous Owner Black Malcolm S $289,700
Previous Owner Black Malcolm S $306,700
Previous Owner Black Malcolm S $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2014 05/06/14 Sold $899,000 0.0% $365 / Sq Ft
04/06/2014 04/06/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $899,000 -- $365 / 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 $11,397 $1,090,417 $774,210 $316,207
2024 $11,397 $1,069,037 $759,030 $310,007
2023 $11,107 $1,048,076 $744,147 $303,929
2022 $10,851 $1,027,526 $729,556 $297,970
2021 $10,624 $1,007,379 $715,251 $292,128
2020 $10,551 $997,050 $707,917 $289,133
2019 $10,339 $977,500 $694,036 $283,464
2018 $7,565 $705,240 $383,629 $321,611
2017 $7,398 $691,412 $376,107 $315,305
2016 $7,236 $677,855 $368,732 $309,123
2015 $9,527 $916,962 $639,617 $277,345
2014 -- $434,569 $174,038 $260,531
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14064603

California Regional Multiple Listing Service (CRMLS)

APN: 939-860-61