NOT LISTED FOR SALE

Estimated Value: $6,912,000 - $13,537,435

5 Beds
5 Baths
4,186 Sq Ft
$2,196/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $10,250,000 $2,449 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $61,059/month

Highlights

  • Ocean View
  • Heated Spa
  • Cape Cod Architecture
  • Harbor View Elementary School Rated A
  • Ocean Side of Highway 1
  • Main Floor Bedroom

About This Home

As of July 2022

Embrace a lifestyle rarely experienced with this exclusive Ocean Blvd lease. This 5 bedroom residence affords stunning sit down Ocean, Catalina, Coastline views from living & dining room, kitchen/breakfast area, master bedroom and family room. Sitting high above the street, this property provide privacy and tranquility. An over-sized Bonus room in the back of the home is fully outfitted with wet bar and outdoor bbq area. Four fireplaces (living, family, primary bedroom, and bonus room). Soaring ceilings upstairs. Covered side and rear patios, plus private spa. Detached 3 car garage and inside laundry room round out this ocean-close getaway.

Last Agent to Rent the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 06/03/2022

Co-Listed By

Steven Sergi

VALIA Properties License #01417942

Last Renter's Agent

Shellsy Ashen

Compass License #02119896

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $144,896

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 6,216

Parking

  • 3 Car Attached Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Clapboard

Interior Spaces

  • 4,186 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room with Fireplace
  • Game Room
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom

Outdoor Features

  • Heated Spa
  • Ocean Side of Highway 1
  • Concrete Porch or Patio
  • Terrace

Schools

  • Harbor View Elementary School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • 6,216 Sq Ft Lot
  • Urban Location

Community Details

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision

Listing and Financial Details

  • Security Deposit $35,000
  • Rent includes gardener
  • Available 6/6/22
  • Legal Lot and Block 5 / 142
  • Tax Tract Number 648
  • Assessor Parcel Number 05214308

Home Details

Home Type

Single Family

Est. Annual Taxes

$144,896

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: Pet Deposit
  • Available Date: 2022-06-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 2500
  • Deposit Security: 35000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05214308
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4186.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Eating Area: In Family Room, In Kitchen
  • Fireplace Features: Bonus Room, Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.54
  • Room Type: Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Private, Heated
  • Bathroom Features: Double Sinks In Master Bath, Quartz Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, Coastline, Harbor, Ocean
  • Patio And Porch Features: Concrete, Patio, Terrace
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Brick, Clapboard

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 6216.00
  • Lot Size Acres: 0.1427

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 6216.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 142
  • Tax Census Tract: 627.02
  • Tax Lot: 5
  • Tax Tract Number: 648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
3612 Ocean Blvd Llc
Bought by
Randolph B Stockwell Living Trust
Current Estimated Value
$9,193,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,920,000
Outstanding Balance
$7,347,441
Interest Rate
3.15%
Mortgage Type
New Conventional
Estimated Equity
$2,450,642

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 5, 2021
Sold by
Tomlin Jennifer
Bought by
3612 Ocean Blvd Llc
Seller's Agent
Kathleen McNamee
Kathleen McNamee, Broker
Buyer's Agent
Timothy Tamura
VALIA Properties
List Price
$12,000,000
Sold Price
$10,250,000
Premium/Discount to List
-$1,750,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.19%
Original Mortgage
$6,700,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2008
Bought by
The 3612 Ocean Blvd Qualified Personal R

Purchase Details

Closed on
Oct 22, 2007
Bought by
The 3612 Ocean Blvd Qualified Personal R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Randolph B Stockwell Living Trust $13,200,000 First American Title
3612 Ocean Blvd Llc $10,250,000 First Amer Ttl Co Res Div
The 3612 Ocean Blvd Qualified Personal R -- None Available
-- -- None Available
The 3612 Ocean Blvd Qualified Personal R -- None Available
-- -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randolph B Stockwell Living Trust $7,920,000
Previous Owner 3612 Ocean Blvd Llc $6,700,000
Previous Owner Mcnamee Philip H $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Rented $19,000 -4.5% --
07/27/2022 07/27/22 Under Contract -- -- --
06/03/2022 06/03/22 For Rent $19,900 0.0% --
12/06/2021 12/06/21 Sold $10,250,000 -14.6% $2,449 / Sq Ft
10/22/2021 10/22/21 For Sale $12,000,000 -- $2,867 / 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 $144,896 $14,007,945 $13,622,433 $385,512
2024 $144,896 $13,733,280 $13,355,327 $377,953
2023 $141,523 $13,464,000 $13,093,457 $370,543
2022 $108,101 $1,012,560 $699,517 $313,043
2021 $10,735 $992,706 $685,801 $306,905
2020 $10,631 $982,528 $678,769 $303,759
2019 $10,414 $963,263 $665,460 $297,803
2018 $10,206 $944,376 $652,412 $291,964
2017 $10,025 $925,859 $639,619 $286,240
2016 $9,801 $907,705 $627,077 $280,628
2015 $9,706 $894,071 $617,658 $276,413
2014 $9,476 $876,558 $605,559 $270,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22119202

California Regional Multiple Listing Service (CRMLS)

APN: 052-143-08