NOT LISTED FOR SALE

Estimated Value: $2,602,000 - $2,872,695

2 Beds
2 Baths
1,800 Sq Ft
$490/mo HOA Fee

Last Sold January 11, 2023

Last sale price $2,150,000 $1,194 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $16,762/month

Highlights

  • Ocean View
  • Clubhouse
  • Outdoor Cooking Area
  • Active Adult
  • Community Pool
  • 4-minute walk to Buck Gully Trailhead

About This Home

As of January 2023

The Best Location in the Terraces! Perfectly placed on the front row of the Terraces, this beautiful UPPER end unit is light and bright with OCEAN AND CATALINA VIEWS and neighbors on only one side. It doesn’t get any better! Enjoy effortless access to amenities of the premier 55+ community from this 2-bedroom plus den ocean view sanctuary. Residents must be 55 or better, however may be purchased as an investment by Buyers under 55. Arrive at the 2-car garage and gated front patio, where you’ll love to relax and greet your guests in peaceful seclusion. Inside, the single-level interior is naturally bright and thoughtfully arranged for both entertaining and day-to-day living. The open dining and living room features a lovely brick fireplace and additional sitting area, all converging through exterior doors to a big, sunny balcony. Move outside to watch ocean and sunset views, and bask in the sea breeze while you entertain, grill and dine al fresco under the stars. The kitchen provides amazing views and additional eat-in dining space with a charming breakfast area, as well as a center island and lots of storage in white, well-maintained cabinetry. The laundry room with washer, dryer and utility sink is just off the garage, providing a convenient mudroom to transition inside. Each of two bedrooms are generously proportioned, and the primary suite features an amazing remodeled en-suite bath with double sinks, an oversized step-in shower, and a separate soaking tub. All in a prime location within minutes of Corona Del Mar and Little Corona beaches, parks and trails, and tons of popular shopping and dining along Hwy 1. Amenities of The Terraces in Corona Del Mar include a community clubhouse, pool and spa, and BBQ areas for cookouts with friends and neighbors, plus there’s always something fun at the Oasis center next door. Welcome home!

Last Agent to Sell the Property

Megan Varga

Compass License #01274948 Listed on: 12/02/2022

Compass

Last Buyer's Agent

Roseanne Levan

Douglas Elliman Of California License #01044989

Douglas Elliman Of California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,390

Year Built

  • Built in 1986

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11949
  • Assessor Parcel Number 93461071
  • $360 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • 100 Units
  • The Terraces Association, Phone Number (714) 779-1300
  • Terraces Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,390

Year Built

Built in 1986

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Terraces (TCDM)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93461071
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1194.44
  • Room Type: Kitchen

Exterior Features

  • View: Catalina, Ocean
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Clubhouse
  • Association Fee: 490.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: 714-779-1300
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: The Terraces

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Census Tract: 626.42
  • Tax Lot: 1
  • Tax Tract Number: 11949
  • TaxOtherAnnualAssessmentAmount: 360.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 6, 2022
Sold by
Casado Family Trust
Bought by
Flynne Leslie Jacqmin
Seller's Agent
Megan Varga
Compass
Buyer's Agent
Roseanne Levan
Douglas Elliman Of California
List Price
$2,150,000
Sold Price
$2,150,000
Current Estimated Value
$2,730,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,924
Avg. Annual Appreciation
8.95%
Original Mortgage
$1,089,300
Outstanding Balance
$1,053,759
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$1,677,165

Purchase Details

Closed on
Jun 21, 2004
Sold by
Austin Marjorie
Bought by
Casado Juan and Casado Dorothy A

Purchase Details

Closed on
Oct 24, 2001
Sold by
Austin Marjorie and Rindler Richard
Bought by
Austin Marjorie and Austin Family Survivors 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

Purchase History

Date Buyer Sale Price Title Company
Flynne Leslie Jacqmin $2,150,000 California Title Company
Casado Juan $850,000 Commonwealth Land Title
Austin Marjorie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynne Leslie Jacqmin $1,089,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2023 01/11/23 Sold $2,150,000 0.0% $1,194 / Sq Ft
12/02/2022 12/02/22 For Sale $2,150,000 -- $1,194 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
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 $23,390 $2,236,860 $2,045,415 $191,445
2024 $23,390 $2,193,000 $2,005,308 $187,692
2023 $5,953 $539,107 $338,187 $200,920
2022 $5,850 $528,537 $331,556 $196,981
2021 $5,738 $518,174 $325,055 $193,119
2020 $5,682 $512,861 $321,722 $191,139
2019 $5,568 $502,805 $315,413 $187,392
2018 $5,458 $492,947 $309,229 $183,718
2017 $5,362 $483,282 $303,166 $180,116
2016 $5,243 $473,806 $297,221 $176,585
2015 $5,191 $466,689 $292,756 $173,933
2014 $5,068 $457,548 $287,022 $170,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22249404

California Regional Multiple Listing Service (CRMLS)

APN: 934-610-71