NOT LISTED FOR SALE

408 Poinsettia Ave Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $5,407,000 - $6,251,000

4 Beds
4.5 Baths
2,892 Sq Ft
$2,010/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $3,050,000 $1,055 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $34,696/month

45 Days on Market

Highlights

  • Ocean View
  • Cabana
  • Rooftop Deck
  • Harbor View Elementary School Rated A
  • Newly Remodeled
  • Primary Bedroom Suite

About This Home

As of December 2017

Located on a sunny, tree-lined street in Corona Del Mar, this contemporary residence offers the very best of Orange County coastal living. Featuring brand new construction by Patterson Custom Homes, the home showcases a carefully considered open floor plan with gracious living spaces. The main level great room provides for a seamless transition between main living spaces, encompassing a main level en-suite bedroom, fireplace-warmed living room, dining area, and centrally located chef’s kitchen fitted with professional grade appliances and oversized center island with prep sink and breakfast bar. Four gracious en suite bedrooms include the resort-like master retreat with vaulted ceilings and fireplace, luxurious en suite bath and closet, and private balcony. Multiple outdoor spaces include a quintessential front courtyard with fireplace, central, private courtyard accessible from the great room, master bedroom balcony, and spacious rooftop deck. With an ideal end-of-block location (limited rooftop view obstruction), expansive ocean views and salty sea breezes provide the backdrop for the rooftop, with built-in cooking area including sink & refrigerator. Sleek and modern yet warm and natural, this immaculate home features the finest craftsmanship and attention to every detail. Additional highlights include office/bonus room, elevator accessing all levels including rooftop, attached two-car garage, and premier location near the shops, beaches, and restaurants of Corona Del Mar.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 09/22/2017

Coldwell Banker Realty

Last Buyer's Agent

Lynn Mosich

Coldwell Banker Realty License #01921327

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,193

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 2,892 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Cabana
  • Balcony
  • Rooftop Deck
  • Covered Patio or Porch
  • Fire Pit
  • Exterior Lighting

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Property is near a park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Patterson

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 186
  • Assessor Parcel Number 45922102

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,193

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45922102
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2892.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Elevator, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Common Walls: No Common Walls
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1054.63
  • Room Type: Entry, Foyer, Kitchen, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Neighborhood, Ocean, Peek-A-Boo
  • Builder Name: Patterson
  • Patio And Porch Features: Cabana, Covered, Deck, Patio, Roof Top
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

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: Corner Lot, Front Yard, Park Nearby
  • Lot Size Sq Ft: 3485.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 4
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2018
Sold by
Marandi Bijan
Bought by
Marandi Bijan Mehdi and 2015 Bijan Mehdi Marandi Separate Trust
Current Estimated Value
$5,814,226

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 21, 2017
Sold by
Nacha Lp
Bought by
Marandi Bijan
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Lynn Mosich
Coldwell Banker Realty
List Price
$3,199,000
Sold Price
$3,050,000
Premium/Discount to List
-$149,000
-4.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$2,440,000
Outstanding Balance
$2,048,986
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,453,564

Purchase Details

Closed on
Nov 21, 2012
Sold by
Cassis Nazareth
Bought by
Nacha Lp

Purchase Details

Closed on
Nov 12, 2012
Sold by
Cassis Nazareth
Bought by
Cassis Nazareth

Purchase Details

Closed on
Jul 7, 2000
Sold by
Raymond Haws
Bought by
Cassis Assaf G and Cassis Nazareth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8.44%
Source: Public Records

Range of Values:

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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
Marandi Bijan Mehdi -- None Available
Marandi Bijan $3,050,000 Chicago Title Co
Nacha Lp -- None Available
Cassis Nazareth -- None Available
Cassis Assaf G $566,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marandi Bijan $2,440,000
Previous Owner Cassis Assaf G $340,000
Previous Owner Haws Raymond $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $3,050,000 -4.7% $1,055 / Sq Ft
09/22/2017 09/22/17 For Sale $3,199,000 -- $1,106 / 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 $36,193 $3,470,377 $2,576,293 $894,084
2024 $36,193 $3,402,331 $2,525,778 $876,553
2023 $35,347 $3,335,619 $2,476,253 $859,366
2022 $34,764 $3,270,215 $2,427,699 $842,516
2021 $34,096 $3,206,094 $2,380,097 $825,997
2020 $33,769 $3,173,220 $2,355,692 $817,528
2019 $33,067 $3,111,000 $2,309,501 $801,499
2018 $32,407 $3,050,000 $2,264,216 $785,784
2017 $17,451 $1,624,146 $1,199,398 $424,748
2016 $13,580 $1,248,282 $1,175,881 $72,401
2015 $13,450 $1,229,532 $1,158,218 $71,314
2014 $13,134 $1,205,448 $1,135,530 $69,918
Source: Public Records

Agents Affiliated with this Home

  • Tim Smith

    Seller's Agent in 2017

    Tim Smith

    Coldwell Banker Realty

    (949) 717-4711

    54 in this area

    713 Total Sales

    Tim Smith
    Section Image
  • Lynn Mosich

    Buyer's Agent in 2017

    Lynn Mosich

    Coldwell Banker Realty

    (949) 514-1093

    Lynn Mosich
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17206069

California Regional Multiple Listing Service (CRMLS)

APN: 459-221-02

California Orange County Corona Del Mar 92625 Corona Del Mar

408 Poinsettia Ave, Corona Del Mar, CA

This home is located at 408 Poinsettia Ave, Corona Del Mar, CA 92625 since 22 September 2017 and is currently estimated at $5,814,226, approximately $2,010 per square foot. This property was built in 2017. 408 Poinsettia Ave is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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