Seller's Agent in 2020
John Katnik
Katnik Brothers R.E. Services
(714) 486-1419
1 in this area
581 Total Sales
3640 5th Ave Unit 53 Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated Value: $2,148,000 - $2,548,000
2
Beds
2
Baths
1,471
Sq Ft
$467/mo
HOA Fee
Highlights
- Spa
- Primary Bedroom Suite
- Open Floorplan
- Senior Community
- Updated Kitchen
- 1-minute walk to Buck Gully Trailhead
About This Home
As of October 2020Welcome to 3640 5th Ave #53, a Turn-Key Dream Condo Located in the Highly Sought-After Terraces 55+ Community in Corona Del Mar. This Single Level Newly Remodeled Condo Showcases a Gated Courtyard, Two Bedrooms, Two Full Bathrooms, with Ample Natural Light, High Ceilings, and Upgrades Throughout. The Living Room Features a Cozy Fireplace with Quartz Slab and Shiplap Backdrop and is Open to the Dining Room and Kitchen with Backyard Access. The Dining Room Enjoys a Pass-Through Bar Featuring a Quartz Waterfall Countertop with a Built-In Beer and Wine Fridge. The Light and Bright Gourmet Kitchen Showcases Ample Counter and Cabinet Space, Soft-Close Drawers, Large Island with Seating, Quartz Countertops, Mother of Pearl Backsplash, Stainless Steel Appliances, Built-In Refrigerator, Six Burner Stove with Hood, and Access to the Gated Courtyard as well as Convenient Garage Access. The Master Suite Enjoys Backyard Access and a Barn Door to the Master Bath Featuring Dual Quartz Vanities, Walk-In Shower with Frameless Glass Door, Stand-Alone Oversized Soaking Tub, and Walk-In Closet. The Entertainer's Dream Backyard Showcases a Covered Brick Patio, Modern Landscaping, Fruit Trees, and Artificial Turf. Indoor Laundry Room with Sink and Cabinets. Attached Two Car Garage. Community Amenities Include a Resort Style Pool, Spa and Clubhouse. Easy Access to Hiking Trails, Oasis Senior Center, CDM Village, Fashion Island, PCH, and 73 Toll Road. 3640 5th Ave #53 is a Must See!
Last Agent to Sell the Property
Katnik Brothers R.E. Services License #01881694 Listed on: 09/04/2020
Last Buyer's Agent
Denise Fleig
First Team Real Estate License #01242908
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $17,008
Year Built
- Built in 1986
Lot Details
- Two or More Common Walls
- Landscaped
- Private Yard
HOA Fees
- $467 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
Home Design
- Planned Development
Interior Spaces
- 1,471 Sq Ft Home
- Open Floorplan
- Crown Molding
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Plantation Shutters
- Sliding Doors
- Family Room Off Kitchen
- Living Room with Fireplace
- Storage
- Laundry Room
- Laminate Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Six Burner Stove
- Gas Cooktop
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Self-Closing Drawers and Cabinet Doors
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Separate Shower
- Closet In Bathroom
Outdoor Features
- Spa
- Covered Patio or Porch
Schools
- Harbor View Elementary School
- Corona Del Mar High School
Additional Features
- No Interior Steps
- Property is near a clubhouse
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 11949
- Assessor Parcel Number 93461122
Community Details
Overview
- Senior Community
- 100 Units
- The Terraces At Corona Del Mar Association, Phone Number (714) 779-1300
- Cardinal Property Management HOA
- Terraces Subdivision
- Maintained Community
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Clubhouse
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2020
Closed on
Sep 11, 2020
Sold by
Strittmater Jon and Strittmater Martha L
Bought by
Hundley Joan S and Hundley Joan S
Seller's Agent
John Katnik
Katnik Brothers R.E. Services
Buyer's Agent
Denise Fleig
First Team Real Estate
List Price
$1,495,000
Sold Price
$1,495,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,455
Avg. Annual Appreciation
9.36%
Original Mortgage
$373,750
Outstanding Balance
$333,342
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$1,979,919
Purchase Details
Closed on
Jan 31, 2020
Sold by
Strittmater Jon
Bought by
Strittmater Jon
Purchase Details
Listed on
May 16, 2018
Closed on
Jun 19, 2018
Sold by
Fernandez Flynn Bienvenida and Gath Clara Elena
Bought by
Strittmater Jon and Strittmater Martha
Seller's Agent
Ted Hill
Coldwell Banker Realty
Buyer's Agent
John Katnik
Katnik Brothers R.E. Services
List Price
$1,212,000
Sold Price
$1,180,000
Premium/Discount to List
-$32,000
-2.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$780,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 11, 2015
Sold by
Almaraz Elizabeth
Bought by
Fernandez Flynn Bienvenida and Gath Clara Elena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hundley Joan S | $1,495,000 | First American Title Company | |
| Strittmater Jon | -- | None Available | |
| Strittmater Jon | $1,180,000 | Equity Title | |
| Fernandez Flynn Bienvenida | $960,000 | Fidelity National Title | |
| Gath Clara Elena | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hundley Joan S | $373,750 | |
| Open | Hundley Joan S | $747,500 | |
| Previous Owner | Strittmater Jon | $771,000 | |
| Previous Owner | Strittmater Jon | $164,000 | |
| Previous Owner | Strittmater Jon | $164,000 | |
| Previous Owner | Strittmater Jon | $780,000 | |
| Previous Owner | Fernandez Flynn Bienvenida | $360,000 | |
| Previous Owner | Schultz Charles F | $300,000 | |
| Previous Owner | Schultz Charles F | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $1,495,000 | 0.0% | $1,016 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $1,495,000 | +26.7% | $1,016 / Sq Ft |
| 07/16/2018 07/16/18 | Sold | $1,180,000 | -1.6% | $802 / Sq Ft |
| 06/11/2018 06/11/18 | Price Changed | $1,199,000 | -1.1% | $815 / Sq Ft |
| 05/01/2018 05/01/18 | For Sale | $1,212,000 | -- | $824 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,008 | $1,618,235 | $1,470,462 | $147,773 |
| 2024 | $17,008 | $1,586,505 | $1,441,629 | $144,876 |
| 2023 | $16,607 | $1,555,398 | $1,413,362 | $142,036 |
| 2022 | $16,329 | $1,524,900 | $1,385,649 | $139,251 |
| 2021 | $16,089 | $1,495,000 | $1,358,479 | $136,521 |
| 2020 | $9,656 | $890,316 | $749,891 | $140,425 |
| 2019 | $9,459 | $872,859 | $735,187 | $137,672 |
| 2018 | $10,847 | $998,784 | $863,208 | $135,576 |
| 2017 | $10,657 | $979,200 | $846,282 | $132,918 |
| 2016 | $10,419 | $960,000 | $829,688 | $130,312 |
| 2015 | $3,900 | $337,473 | $203,146 | $134,327 |
| 2014 | $3,810 | $330,863 | $199,167 | $131,696 |
Source: Public Records
Agents Affiliated with this Home
-
John Katnik
-
D
Buyer's Agent in 2020
Denise Fleig
First Team Real Estate
-
Ted Hill
T
Seller's Agent in 2018
Ted Hill
Coldwell Banker Realty
(949) 651-3149
2 in this area
2 Total Sales
-
Michael Woepse
Buyer Co-Listing Agent in 2018
Michael Woepse
Katnik Brothers R.E. Services
(714) 393-1195
115 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20183862
APN: 934-611-22
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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