NOT LISTED FOR SALE

Estimated Value: $2,720,000

3 Beds
3.5 Baths
1,799 Sq Ft
3,541 Sq Ft Lot

Last Sold February 23, 2021

Last sale price $2,775,000 $1,543 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $17,512/month

Highlights

  • New Construction
  • Rooftop Deck
  • Modern Architecture
  • Harbor View Elementary School Rated A
  • Open Floorplan
  • Living Room with Attached Deck

About This Home

As of February 2021

Esoteric Homes + J.R Walz + C.Raili, together in collaboration bring you a fresh take on the Flower Streets duplex. With an innovative and thoughtful floor plan that maximizes living space + quality construction with the utmost attention to detail + striking design details you have it all at 414 Orchid. Enter the front unit and you are greeted with the kitchen + dining + living room that all open up with La Cantina sliding doors to 2 patios complete with an olive tree, perfect for your indoor outdoor lifestyle. As you continue through the home you have 1 en-suite bedroom + powder bath + laundry room on the lower level that connect to your tandem one car garage and carport. Upstairs you will find an additional en-suite bedroom and the master suite with 9ft vaulted ceilings + 2 walk-in closets (very rare). The rooftop offers an additional 437 sq ft of outdoor living with the ultimate place for soaking up some sun or watching the sunset. Located In the heart of Corona del Mar, you couldn’t be in a better location for people watching, heading to the beach or dining out! Estimated completion Mid November.

Last Agent to Sell the Property

Kristin Alexander

Compass License #02076658 Listed on: 11/17/2020

Compass

Last Buyer's Agent

Michael Carpenter

Compass License #01221473

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1 Common Wall

Parking

  • 1 Car Direct Access Garage
  • 1 Carport Space
  • Parking Available

Home Design

  • Modern Architecture

Interior Spaces

  • 1,799 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 442
  • Assessor Parcel Number 45921505

Property Details

Home Type

Condominium

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Other Phone Description: 9493009166
  • Property Attached: Yes
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 45921505
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 1799.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Brick Walls, Built-in Features, Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1542.52
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Carport, Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, High Efficiency Water Heater, Refrigerator, Tankless Water Heater, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3540.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Mar 9, 2021
Sold by
Orchid Street One Llc
Bought by
Mehle Chad and Huang Tina
Seller's Agent
Kristin Alexander
Compass
Buyer's Agent
Michael Carpenter
Compass
List Price
$2,775,000
Sold Price
$2,775,000
Current Estimated Value
$2,720,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,000
Original Mortgage
$252,500
Outstanding Balance
$230,598
Interest Rate
3.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 19, 2020
Sold by
Orchid Street One Llc
Bought by
Oliver Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,062,500
Interest Rate
8.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2018
Sold by
Inouye Wayne R and Inouye Shannon L C
Bought by
Orchid Street One Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 8, 2017
Closed on
Jan 13, 2017
Sold by
Hansen Gary D and Hansen Katherine J
Bought by
Inouye Wayne R and Inouye Shannon L C
Seller's Agent
Eliisa Stowell
Surterre Properties Inc.
Buyer's Agent
Merle Tabor Stern
Surterre Properties Inc.
List Price
$1,900,000
Sold Price
$1,900,000

Purchase Details

Closed on
Mar 30, 2016
Sold by
Hansen Gary D
Bought by
The Gary D Hansen & Katherine J Hansen F

Purchase Details

Closed on
Aug 7, 2003
Sold by
Hubbard Richard T
Bought by
Hansen Jean
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
Mehle Chad $1,685,000 First American Title Company
Oliver Spencer $2,775,000 First Amer Ttl Co Res Div
Orchid Street One Llc $1,880,500 First American Title Co
Inouye Wayne R $1,900,000 California Title Company
The Gary D Hansen & Katherine J Hansen F -- None Available
Hansen Gary D -- None Available
Hansen Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehle Chad $252,500
Open Mehle Chad $1,263,750
Previous Owner Oliver Spencer $2,062,500
Previous Owner Orchid Street One Llc $2,225,000
Previous Owner Orchid Street One Llc $1,180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2021 02/23/21 Sold $2,775,000 0.0% $1,543 / Sq Ft
11/17/2020 11/17/20 For Sale $2,775,000 +47.6% $1,543 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
10/26/2018 10/26/18 Sold $1,880,311 -1.0% $3,582 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/08/2018 07/08/18 Price Changed $1,900,000 -2.5% $3,619 / Sq Ft
06/12/2018 06/12/18 Price Changed $1,949,000 -0.1% $3,712 / Sq Ft
04/30/2018 04/30/18 Price Changed $1,950,000 -2.5% $3,714 / Sq Ft
02/20/2018 02/20/18 For Sale $2,000,000 +5.3% $3,810 / Sq Ft
01/24/2017 01/24/17 Sold $1,900,000 0.0% $3,619 / Sq Ft
01/08/2017 01/08/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $1,900,000 -- $3,619 / 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
2020 -- $2,119,487 $1,897,284 $222,203
2019 -- $1,880,311 $1,860,083 $20,228
2018 -- $1,938,000 $1,919,524 $18,476
2017 -- $256,380 $237,593 $18,787
2016 -- $251,353 $232,934 $18,419
2015 -- $247,578 $229,435 $18,143
2014 -- $242,729 $224,941 $17,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20225530

California Regional Multiple Listing Service (CRMLS)

APN: 459-215-05