NOT LISTED FOR SALE

Estimated Value: $1,906,000 - $3,129,000

2 Beds
2 Baths
1,800 Sq Ft
1988 Built

Last Sold June 29, 2012

Last sale price $1,075,000 $597 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $16,205/month

63 Days on Market

Highlights

  • Filtered Pool
  • Peek-A-Boo Views
  • Clubhouse
  • Senior Community
  • Cape Cod Architecture
  • 1-minute walk to Buck Gully Trailhead

About This Home

As of June 2012

ONLY LISTING IN THE TERRACES @ CDM.This is a Highly Sought After Upper! It has just been modernized & updated from floor to ceiling. New neutral carpeting, repainted doors, cabinets & vanities, Brushed Nickel fixtures, Seamless Glass Shower Enclosures, soffeted Kitchen lighting & freshly painted throughout. Truly a Turn-Key Unit! Being an Upper Unit with skylights it is drenched in gorgeous natural lighting that bathes the interior & with the extra high and vaulted ceilings,the feeling is spacious beyond its already comfortable 1800 SqF.Amenities include a direct access 2 car garage, expanded private front patio and a beautiful View rear deck for enjoying the Sunsets or 'Al-Fresco' dining. Property is close to the recently renovated, State of the Art Oasis Center. 'The Terraces' Clubhouse offers a year round heated pool, spa, with Ocean, Canyon and Pelican Hill Golf Course views. Simply Corona Del Mar at its best, and a Must See!One resident to be 55.

Last Agent to Sell the Property

Arralee Hays

Clifford Cavenecia, Broker License #01170446 Listed on: 04/16/2012

Last Buyer's Agent

Sharon Maister

Davar & Co License #01121752

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,537

Year Built

  • Built in 1988

Lot Details

  • Property fronts a private road
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Sliding Doors
  • Formal Entry
  • Living Room
  • Dining Room
  • Den
  • Storage
  • Utility Room
  • Carpet
  • Peek-A-Boo Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven or Range
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer
  • 220 Volts In Laundry

Pool

  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 11949
  • Assessor Parcel Number 93461129

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • 100 Units
  • Star Jasmine

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,537

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-233-3363
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Subdivision Name Other: Terraces
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93461129
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00
  • Interior Amenities: Ceiling Fan(s), Storage, Tile Counters
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Gas Starter, Masonry
  • Levels: One
  • Price Per Square Foot: 597.22
  • Room Type: Attic, Den, Dressing Area, Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Utility Room
  • Spa Features: Association, Heated, In Ground
  • Window Features: Skylight(s)

Exterior Features

  • Patio: Yes
  • View: Peek-A-Boo
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Features: Association, Community, Fenced, Filtered, Heated
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooking, Gas Cooking, Disposal, Ice Maker, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven, Cooktop, Trash Compactor
  • Electric: 220 Volts in Laundry
  • Heating Type: Central, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, In Kitchen, Inside, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Pool, Spa/Hot Tub
  • Association Fee: 432.00
  • Phone: 949.000.000
  • Senior Community: Yes

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers Timer

Multi Family

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

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 11949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2024
Sold by
Jeanette Maister Separate Property Trust and Maister Brett G
Bought by
Brett Gavin Maister Separate Property Trust and Maister
Current Estimated Value
$2,614,253

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jun 21, 2012
Sold by
Hays Arralee L and Whidden Presley H
Bought by
Jeanette Maister Separate Property Trust
Seller's Agent
Arralee Hays
Clifford Cavenecia, Broker
Buyer's Agent
Sharon Maister
Davar & Co
List Price
$1,150,000
Sold Price
$1,075,000
Premium/Discount to List
-$75,000
-6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Hays Arralee L
Bought by
Hays Arralee L and Whidden Presley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,705
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2006
Sold by
Hays Arralee
Bought by
Hays Arralee L and Arralee L Hays Family Trust

Purchase Details

Closed on
Jul 12, 2005
Sold by
Thagard Joan S
Bought by
Hays Arralee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2004
Sold by
Palmaer Karl V and Palmaer Doris E
Bought by
Thagard Joan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$651,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2002
Sold by
Shirvanian Kosti
Bought by
Palmaer Karl and Palmaer Doris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.62%

Purchase Details

Closed on
Feb 22, 1995
Sold by
Powers Anna H
Bought by
Shirvanian Kosti and The Shirvanian Family Investment Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Brett Gavin Maister Separate Property Trust -- None Listed On Document
Jeanette Maister Separate Property Trust $1,075,000 Ticor Title Company
Hays Arralee L -- Fidelity National Title Co
Hays Arralee L -- Accommodation
Hays Arralee $970,000 Ticor Title Company Of Ca
Thagard Joan S $814,000 Equity Title Company
Palmaer Karl $696,000 Stewart Title
Shirvanian Kosti $400,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hays Arralee L $732,705
Previous Owner Hays Arralee L $742,520
Previous Owner Hays Arralee L $775,600
Previous Owner Hays Arralee $727,500
Previous Owner Thagard Joan S $651,200
Previous Owner Palmaer Karl $150,000
Previous Owner Palmaer Karl $300,000
Previous Owner Shirvanian Kosti $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $1,075,000 -5.6% $597 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
06/06/2012 06/06/12 Price Changed $1,139,000 -18.1% $633 / Sq Ft
06/05/2012 06/05/12 Price Changed $1,390,000 +20.9% $772 / Sq Ft
04/16/2012 04/16/12 For Sale $1,150,000 -- $639 / 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 $23,537 $1,350,255 $1,171,483 $178,772
2024 $23,537 $2,200,000 $2,015,988 $184,012
2023 $13,980 $1,297,824 $1,125,993 $171,831
2022 $13,747 $1,272,377 $1,103,915 $168,462
2021 $13,484 $1,247,429 $1,082,270 $165,159
2020 $13,355 $1,234,639 $1,071,173 $163,466
2019 $13,081 $1,210,431 $1,050,170 $160,261
2018 $12,822 $1,186,698 $1,029,579 $157,119
2017 $12,596 $1,163,430 $1,009,391 $154,039
2016 $12,315 $1,140,618 $989,599 $151,019
2015 $12,198 $1,123,485 $974,734 $148,751
2014 $11,911 $1,101,478 $955,640 $145,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S694960

California Regional Multiple Listing Service (CRMLS)

APN: 934-611-29