416 Acacia Ave Corona Del Mar, CA 92625
Corona Del Mar Neighborhood
5
Beds
4
Baths
2,919
Sq Ft
3,485
Sq Ft Lot
Highlights
- Corner Lot
- No HOA
- Back Yard
- Harbor View Elementary School Rated A
- Laundry Room
- 2-minute walk to Begonia Park
About This Home
As of July 2019Two detached homes on a prime location corner lot. Great upside value with lot split potential. Price reduced over $700,000 from original asking price. Discover one of the best and most unique opportunities in Corona del Mar’s highly sought-after Village, where this corner homesite presents 2 stylishly remodeled residences. Featuring 3 bedrooms and 2 baths, the main home hosts a rare enclosed front yard with covered patio and lawn. An open-concept floorplan showcases a living room, vaulted ceilings, and a full-featured island kitchen with marble countertops. Upstairs, the large master suite reveals a deck with views, walk-in closet with custom built-ins, a high ceiling, stand-alone tub, dual-head shower and extensive marble surrounds. The separate guest house is distinguished by 2 bedrooms, 2 baths, a loft, high ceilings, deck and rooftop view patio. Both residences are appointed with on-trend appointments that include wood floors, stainless steel appliances, Dutch entry doors, fresh paint and chic bath fixtures and finishes. A private patio is located in-between the homes, which can be used as one grand residence with approx. 2,914 s.f., or dedicate the guest home for use by in-laws or as an income-producing property. Truly rare in the Village, a 2-car garage offers extra storage, and the property is just one block from Begonia Park and moments from the harbor and beaches. Restaurants, boutiques and schools are close by.
Last Agent to Sell the Property
DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01408840 Listed on: 03/19/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $45,028
Year Built
- Built in 1991
Lot Details
- 3,485 Sq Ft Lot
- No Common Walls
- Corner Lot
- Back Yard
Parking
- 2 Car Garage
Home Design
- 2,919 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 186
- Assessor Parcel Number 45910201
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2019
Closed on
May 21, 2019
Sold by
Swanson Ryan and Swanson Tara
Bought by
Burns Robert G and Burns Ruth Ann
Seller's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Craig Burns
Pacific Landmark Realty
List Price
$3,195,000
Sold Price
$2,900,000
Premium/Discount to List
-$295,000
-9.23%
Total Days on Market
83
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
$1,562,638
Avg. Annual Appreciation
6.22%
Original Mortgage
$700,000
Outstanding Balance
$617,276
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,526,982
Purchase Details
Closed on
Nov 10, 2017
Sold by
Swanson Ryan and Swanson Tara
Bought by
Swanson Ryan and Swanson Tara
Purchase Details
Closed on
Dec 21, 2012
Sold by
Phillips Rebecca
Bought by
Swanson Ryan
Purchase Details
Closed on
Jul 21, 2006
Sold by
Sibell David L and Sibell Denise L
Bought by
Tomkinson James and Phillips Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,743,750
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 28, 2005
Sold by
Jones Penelope S
Bought by
Sibell David L and Sibell Denise L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2002
Sold by
Haack Gerald R and Haack Judy
Bought by
Jones Penelope S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 14, 1998
Sold by
Haack and Judy
Bought by
Haack Gerald R and Haack Judy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 19, 1996
Sold by
Haack Gerald R and Haack Judy
Bought by
Haack Gerald R and Haack Judy
Purchase Details
Closed on
Sep 25, 1995
Sold by
Haack Gerald Roger and Scheffers Judy
Bought by
Haack Gerald Roger and Haack Judy
Purchase Details
Closed on
Aug 7, 1995
Sold by
Haack Gerald Roger
Bought by
Haack Gerald Roger and Scheffers Judy
Purchase Details
Closed on
Jun 17, 1995
Sold by
Haack Barbara
Bought by
Haack Gerald Roger
Similar Homes in Corona Del Mar, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,900,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,660,000 | Title365 Company | |
| Grant Deed | $2,325,000 | Stewart Title Irvine | |
| Grant Deed | $2,000,000 | Multiple | |
| Grant Deed | $1,300,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | Guardian Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,630,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,650,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,743,750 | Purchase Money Mortgage | |
| Previous Owner | $1,400,000 | New Conventional | |
| Previous Owner | $457,600 | Unknown | |
| Previous Owner | $230,500 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $975,000 | Purchase Money Mortgage | |
| Previous Owner | $215,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Rented | $11,000 | 0.0% | -- |
| 03/23/2023 03/23/23 | Price Changed | $11,000 | -8.3% | $4 / Sq Ft |
| 03/13/2023 03/13/23 | For Rent | $12,000 | -7.7% | -- |
| 06/16/2021 06/16/21 | Rented | $13,000 | +4.0% | -- |
| 04/24/2021 04/24/21 | Under Contract | -- | -- | -- |
| 04/09/2021 04/09/21 | For Rent | $12,500 | +71.2% | -- |
| 10/02/2019 10/02/19 | Rented | $7,300 | -35.4% | -- |
| 07/18/2019 07/18/19 | For Rent | $11,300 | 0.0% | -- |
| 07/02/2019 07/02/19 | Sold | $2,900,000 | 0.0% | $993 / Sq Ft |
| 07/02/2019 07/02/19 | Sold | $2,900,000 | -3.2% | $993 / Sq Ft |
| 06/11/2019 06/11/19 | Pending | -- | -- | -- |
| 06/10/2019 06/10/19 | Pending | -- | -- | -- |
| 05/07/2019 05/07/19 | Price Changed | $2,995,000 | 0.0% | $1,026 / Sq Ft |
| 05/07/2019 05/07/19 | Price Changed | $2,995,000 | -6.3% | $1,026 / Sq Ft |
| 03/19/2019 03/19/19 | For Sale | $3,195,000 | 0.0% | $1,095 / Sq Ft |
| 03/04/2019 03/04/19 | For Sale | $3,195,000 | -- | $1,095 / 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 |
|---|---|---|---|---|
| 2024 | $45,028 | $3,110,959 | $2,792,523 | $318,436 |
| 2023 | $34,040 | $3,049,960 | $2,737,767 | $312,193 |
| 2022 | $33,516 | $2,990,157 | $2,684,085 | $306,072 |
| 2021 | $32,886 | $2,931,527 | $2,631,456 | $300,071 |
| 2020 | $32,549 | $2,900,000 | $2,604,473 | $295,527 |
| 2019 | $21,318 | $1,832,452 | $1,545,918 | $286,534 |
| 2018 | $21,057 | $1,796,522 | $1,515,606 | $280,916 |
| 2017 | $19,027 | $1,761,297 | $1,485,889 | $275,408 |
| 2016 | $18,601 | $1,726,762 | $1,456,754 | $270,008 |
| 2015 | $18,425 | $1,700,825 | $1,434,872 | $265,953 |
| 2014 | -- | $1,667,509 | $1,406,765 | $260,744 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Thomas
Seller's Agent in 2023
Brian Thomas
Surterre Properties Inc.
(949) 717-7100
11 in this area
41 Total Sales
-
Jennifer Thomas
Seller Co-Listing Agent in 2023
Jennifer Thomas
Surterre Properties Inc.
(949) 422-6407
6 in this area
28 Total Sales
-
Pamela Spruce
Buyer's Agent in 2023
Pamela Spruce
Compass
(949) 636-3859
8 in this area
49 Total Sales
-
Andy Stavros
Seller's Agent in 2019
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 270-0466
5 in this area
39 Total Sales
-
Craig Burns
C
Buyer's Agent in 2019
Craig Burns
Pacific Landmark Realty
(949) 922-2400
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG19045316
APN: 459-102-01
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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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