NOT LISTED FOR SALE

Estimated Value: $2,234,556 - $2,628,000

2 Beds
2 Baths
1,425 Sq Ft
$490/mo HOA Fee

Last Sold August 01, 2022

Last sale price $2,000,000 $1,404 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $14,209/month

23 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Open Floorplan
  • Active Adult
  • Ocean Side of Freeway
  • 3-minute walk to Buck Gully Trailhead

About This Home

As of August 2022

Sited in the sought-after community of the Terraces, this remodeled, single story residence provides two bedrooms, 2 baths charmed with convenient built-ins, intricate details, and designer finishes.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 06/04/2022

Christie's International R.E. Southern California

Last Buyer's Agent

Kristi Cousens

Compass License #01058921

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,033

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 1 Common Wall
  • Front Yard

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Turnkey

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Sliding Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage
  • Laundry Room
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range Hood
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Walk-in Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Spa
  • Ocean Side of Freeway
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11949
  • Assessor Parcel Number 93461088

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,033

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 949-702-7047
  • Property Attached: Yes
  • Subdivision Name Other: Terraces (TCDM)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93461088
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1425.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1403.51
  • Room Type: All Bedrooms Down, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door, Vanity Area, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Range Hood, Refrigerator
  • Heating Type: Fireplace(s), Forced Air
  • 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, 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: Curbs
  • Association Management: Cardinal

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: Front Yard

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2012
Sold by
Skoglund Joseph Leonard
Bought by
Skoglund Joseph L and Skoglund Family Credit Shelter Trust
Current Estimated Value
$2,456,389

Purchase Details

Closed on
Apr 23, 2012
Sold by
Bardin Skoglund Verna
Bought by
Skoglund Joseph Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2012
Sold by
Christman Theo and Christman Sharon Bogan
Bought by
Skoglund Joseph Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Spitzer Sue Ann and Park Nancy Jean
Bought by
Christman Theo and Christman Sharon Bogan

Purchase Details

Closed on
Feb 14, 2007
Sold by
Park Patricia
Bought by
Park Nancy Jean

Purchase Details

Closed on
Jan 4, 2007
Sold by
Park Nancy Jean
Bought by
Spitzer Sue Ann and Park Nancy Jean

Purchase Details

Closed on
Mar 25, 2005
Sold by
Skoglund Family Credit Shelter Trust
Bought by
Deborah Widell Turkington Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2001
Sold by
House Elenora E
Bought by
House Elenora E and House Family Trust

Purchase Details

Closed on
Jun 1, 1998
Sold by
Lucille Owen Margaret and Lucille Gene
Bought by
House Howard E and House Elenore E
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
Skoglund Joseph L -- None Available
Skoglund Joseph Leonard -- Ticor Title
Skoglund Joseph Leonard $990,000 Ticor Title
Christman Theo $885,000 California Title Company
Park Nancy Jean -- None Available
House Howard E -- California Title Company
Spitzer Sue Ann -- California Title Company
Spitzer Sue Ann -- None Available
Deborah Widell Turkington Trust $2,000,000 Title Resources Guaranty
House Elenora E -- First American Title Ins Co
House Howard E $372,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skoglund Joseph Leonard $100,000
Previous Owner Deborah Widell Turkington Trust $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $2,000,000 -4.5% $1,404 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $2,095,000 -12.5% $1,470 / Sq Ft
06/04/2022 06/04/22 For Sale $2,395,000 -- $1,681 / 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 $10,033 $942,030 $659,424 $282,606
2024 $10,033 $923,559 $646,494 $277,065
2023 $9,794 $905,450 $633,817 $271,633
2022 $12,615 $1,171,770 $1,028,717 $143,053
2021 $12,373 $1,148,795 $1,008,546 $140,249
2020 $12,253 $1,137,016 $998,205 $138,811
2019 $12,002 $1,114,722 $978,632 $136,090
2018 $11,762 $1,092,865 $959,443 $133,422
2017 $11,554 $1,071,437 $940,631 $130,806
2016 $11,295 $1,050,429 $922,187 $128,242
2015 $11,186 $1,034,651 $908,335 $126,316
2014 $10,922 $1,014,384 $890,542 $123,842
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22119579

California Regional Multiple Listing Service (CRMLS)

APN: 934-610-88