NOT LISTED FOR SALE

Estimated Value: $3,701,000 - $3,870,000

5 Beds
4.5 Baths
2,953 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $3,125,000 $1,058 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $23,351/month

281 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Wood Flooring
  • Harbor View Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom

About This Home

As of May 2023

Currently one of the lowest priced properties per square foot in Corona del Mar, 411 Poppy Ave. is located in the highly desirable Flower Streets. Meticulously maintained and in pristine condition, this 5 bedroom, 4.5 bath duplex has much to offer including an amazing ocean view from the rooftop deck, a short walk to Little Corona Beach & close proximity to some of CdM's best restaurants. The spacious front unit provides 4 bedrooms and 3.5 bathrooms with 2353 sq.ft. of living space. The back unit is 600 sq.ft. 1 bedroom, 1 bathroom back house, complete with its own laundry room off of the garage. The main level of the front house includes a recently renovated kitchen and downstairs living room. Also downstairs, is the second master suite, an additional room perfect for an office or additional guest room, and the powder bathroom. Located upstairs is another master suite with a walk-in closet, laundry, a secondary bedroom and bath, and an upstairs family room with a fireplace and balcony, complete with a view. The 3-car garage can be accessed through the alley or side courtyard. Panoramic views of the ocean, the Village and Fashion Island can be seen from the rooftop deck, an ideal spot to enjoy all that CdM Village has to offer! The front unit is currently being leased for $8,000/ month through January 31st, 2023 and the back unit for $1,650/ month-to-month with 90 days notice. Front unit tenant is willing to extend lease for an investor buyer or willing to vacate early for owner occupant buyer.

Last Agent to Sell the Property

Katie Bethel-Drown

Surterre Properties Inc. License #02091590 Listed on: 06/15/2022

Surterre Properties Inc.

Co-Listed By

Jim Kline

Surterre Properties Inc. License #01171319

Last Buyer's Agent

Jim Watson

Real Broker License #01196080

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,859

Year Built

  • Built in 1989

Lot Details

  • 3,485 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • On-Street Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,953 Sq Ft Home
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Water Purifier

Community Details

  • No Home Owners Association
  • 2 Units
  • Corona Del Mar North Of Pch Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 186
  • Assessor Parcel Number 45922116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,859

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 45922116
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2953.00 Square Feet
  • Interior Amenities: Balcony, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1058.25
  • Room Type: Entry, Family Room, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Quartz Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Ocean, Panoramic
  • Patio And Porch Features: Patio, Roof Top
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Trash Compactor, Water Heater, Water Purifier
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Upper Level, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Mar 30, 2023
Sold by
2010 Bethel Family Trust
Bought by
Krishnamoorthy Family Trust
Seller's Agent
Katie Bethel-Drown
Surterre Properties Inc.
Buyer's Agent
Jim Watson
Real Broker
List Price
$3,595,000
Sold Price
$3,125,000
Premium/Discount to List
-$470,000
-13.07%
Views
80
Current Estimated Value
$3,767,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,704
Avg. Annual Appreciation
8.71%
Original Mortgage
$500,000
Outstanding Balance
$485,919
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$3,281,785

Purchase Details

Listed on
Nov 25, 2021
Closed on
Dec 3, 2021
Sold by
Donna M Tobey Living Trust
Bought by
2010 Bethel Famil Trust
Seller's Agent
Kimberly Harvey
Seven Gables Real Estate
Buyer's Agent
Kimberly Harvey
Seven Gables Real Estate
List Price
$2,975,000
Sold Price
$3,000,000
Premium/Discount to List
$25,000
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$1,800,000
Interest Rate
2.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2021
Sold by
Tobey Donna M
Bought by
Donna M Tobey Living Trust and Tobey

Purchase Details

Closed on
May 6, 1994
Sold by
Tobey Don D and Tobey Beverly J
Bought by
Tobey Don D and Tobey Beverly J
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
Krishnamoorthy Family Trust $3,125,000 Fidelity National Title
2010 Bethel Famil Trust $3,000,000 Chicago Title
Donna M Tobey Living Trust -- None Listed On Document
Tobey Donna M -- None Listed On Document
Tobey Don D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krishnamoorthy Family Trust $500,000
Previous Owner 2010 Bethel Famil Trust $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $3,125,000 -5.2% $1,058 / Sq Ft
07/23/2022 07/23/22 Price Changed $3,295,000 -8.3% $1,116 / Sq Ft
06/15/2022 06/15/22 For Sale $3,595,000 0.0% $1,217 / Sq Ft
02/02/2022 02/02/22 Rented $8,000 -5.9% --
01/08/2022 01/08/22 For Rent $8,500 0.0% --
01/07/2022 01/07/22 Sold $3,000,000 +0.8% $1,275 / Sq Ft
11/25/2021 11/25/21 For Sale $2,975,000 -- $1,264 / 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 $33,859 $3,251,250 $2,938,801 $312,449
2024 $33,859 $3,187,500 $2,881,177 $306,323
2023 $32,458 $3,060,000 $2,652,000 $408,000
2022 $6,899 $620,901 $310,069 $310,832
2021 $6,769 $608,727 $303,989 $304,738
2020 $6,703 $602,486 $300,872 $301,614
2019 $6,570 $590,673 $294,973 $295,700
2018 $6,441 $579,092 $289,190 $289,902
2017 $6,329 $567,738 $283,520 $284,218
2016 $6,189 $556,606 $277,960 $278,646
2015 $6,129 $548,246 $273,785 $274,461
2014 $5,986 $537,507 $268,422 $269,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22128720

California Regional Multiple Listing Service (CRMLS)

APN: 459-221-16