NOT LISTED FOR SALE

Estimated Value: $2,457,000 - $2,782,000

2 Beds
2 Baths
1,790 Sq Ft
1986 Built

Highlights

  • Ocean View
  • Active Adult
  • Ocean Side of Freeway
  • Private Pool
  • Primary Bedroom Suite
  • 4-minute walk to Buck Gully Trailhead

About This Home

As of October 2015

Great Landlord! Very motivated!
Unbelievable uninterrupted panoramic ocean views, from Catalina Island to Palos Verdes Peninsula! Enjoy majestic sunsets and the twinkling city lights on your private deck in beautiful Corona del Mar's community of The Terraces. The best location in all of the Terraces, this single-level and coveted corner end-unit home is on the highest point in the development and features an attached 2-car garage located on a single-loaded street just steps to the Oasis Senior Center! Walk 4 Blocks to Corona del Mar Village with its Farmer's Market, high end Boutiques, wonderful restaurants, wine bars, and all the services you could possibly need. A few steps further to world-famous Corona del Mar State Beach or our special Little Corona Beach! With a spacious floor plan, this 2-bedroom, 2-bath and a den home is highlighted by north and south ocean and Catalina Island sunsets, high ceilings, skylights and lots of natural sunlight! Enjoy all the amenities this friendly community has to offer - beautiful ocean view pool, spa and Clubhouse.

*PLEASE NOTE: One resident MUST be 55 years or older*

Last Agent to Rent the Property

Brenda McCroskey

Compass License #01869273 Listed on: 07/20/2015

Compass

Co-Listed By

Beverley Johnson

Compass License #00864723

Last Renter's Agent

PHIL KAICH

RE/MAX One License #01183469

RE/MAX One

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 1986

Lot Details

  • 1 Common Wall
  • Landscaped

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Plantation Shutters
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer Hookup

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps
  • More Than Two Accessible Exits

Outdoor Features

  • Private Pool
  • Ocean Side of Freeway
  • Patio

Location

  • Suburban Location

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Security Deposit $7,500
  • Rent includes association dues, pool
  • Tax Lot 1
  • Tax Tract Number 11949
  • Assessor Parcel Number 93461087

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • 100 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,536

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: No
  • Credit Check Paid By: Tenant
  • Deposit Key: 75
  • Deposit Pets: 500
  • Deposit Security: 7500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Terraces (TCDM)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93461087
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1790.00
  • Interior Amenities: Living Room Deck Attached, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits, Grab Bars In Bathroom(s), No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 2.68
  • Room Type: All Bedrooms Down, Den, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Office
  • Window Features: Plantation Shutters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Patio And Porch Features: Deck
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Landscaped

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Number Of Units In Community: 100
  • Number Of Units Total: 100
  • Rent Includes: Association Dues, Pool
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2017
Sold by
Descansand Partners Lp
Bought by
White Beverley J and The White Family Trsut
Current Estimated Value
$2,659,604

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
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2015
Sold by
Farmers & Merchants Trust Company Of Lon
Bought by
Descansando Partners Lp

Purchase Details

Closed on
Apr 15, 2005
Sold by
Hill Dorothy L
Bought by
Laforce Be Hanahan and Be Hanahan La Force Revocable Trust

Purchase Details

Closed on
Oct 7, 1997
Sold by
Hill Dorothy L
Bought by
Hill Dorothy L and The Hill Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.36%

Purchase Details

Closed on
Jul 31, 1997
Sold by
Hill Dorothy L
Bought by
Hill Dorothy L and Hill Trust
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

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2015 09/11/15 Rented $4,800 -12.7% --
07/20/2015 07/20/15 For Rent $5,500 -- --
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 $3,536 $312,202 $145,112 $167,090
2024 $3,536 $306,081 $142,267 $163,814
2023 $3,448 $300,080 $139,478 $160,602
2022 $3,385 $294,197 $136,744 $157,453
2021 $3,321 $288,429 $134,063 $154,366
2020 $3,288 $285,472 $132,688 $152,784
2019 $3,225 $279,875 $130,086 $149,789
2018 $3,162 $274,388 $127,536 $146,852
2017 $14,576 $1,351,500 $1,197,851 $153,649
2016 $14,250 $1,325,000 $1,174,363 $150,637
2015 $12,193 $1,122,986 $890,943 $232,043
2014 -- $1,100,989 $873,491 $227,498
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15158661

California Regional Multiple Listing Service (CRMLS)

APN: 934-610-87