$1,725,000
SOLD JUN 3, 2014
3 Beds
2 Baths
1,500 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$1,150 Per Sq Ft

11% Below List Price

34 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Corner Lot
  • Harbor View Elementary School Rated A
  • Ocean Side of Highway 1
  • 2-minute walk to Begonia Park

About This Home

As of June 2019

Finally! What you have been waiting for!! The quintessential Corona del Mar cottage located on the south side of PCH on a corner lot! This cottage has been meticulously maintained and it is just as cute as can be. Inside features include: open beamed ceilings; Dutch doors; a master bedroom and bath on its own level with city and decent peek-a-boo ocean views; a lush front yard; rear and side patios; and a two car garage! Ideally located in the highly sought-after section of the Village; near Begonia Park and centrally located to beaches, shops and restaurants.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 03/03/2014

Christie's International R.E. Southern California

Last Buyer's Agent

Rob Montgomery

Arbor Real Estate License #01110479

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,557

Year Built

  • Built in 1952

Lot Details

  • 2,614 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Peek-A-Boo

Home Design

  • Cottage
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Family or Dining Combination
  • Carpet

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 186
  • Assessor Parcel Number 45909510

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,557

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45909510
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00
  • Interior Amenities: Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Family Room, Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 1150.00
  • Room Type: All Bedrooms Up, Master Suite

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • View: Ocean, Peek-A-Boo
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Concrete
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Wood Siding

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Front Yard, Corner Lot
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2019
Closed on
May 31, 2019
Sold by
Barnett Rial A and Barnett Maureen D
Bought by
Huseby Sherri Trader
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$2,349,000
Sold Price
$2,275,000
Premium/Discount to List
-$74,000
-3.15%
Current Estimated Value
$3,894,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,619,015
Avg. Annual Appreciation
8.51%

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jun 3, 2014
Sold by
Barnett Maureen D
Bought by
Barnett Rial A
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Rob Montgomery
Arbor Real Estate
List Price
$1,949,000
Sold Price
$1,725,000
Premium/Discount to List
-$224,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$60,000
Interest Rate
4.13%
Mortgage Type
Closed End Mortgage

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 29, 2014
Sold by
Barnett Rial A
Bought by
The Barnett Family Trust
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Rob Montgomery
Arbor Real Estate
List Price
$1,949,000
Sold Price
$1,725,000
Premium/Discount to List
-$224,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.13%
Mortgage Type
Closed End Mortgage

Purchase Details

Listed on
Mar 3, 2014
Closed on
Apr 25, 2014
Sold by
Ludwig Donald J
Bought by
Barnett Rial
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Rob Montgomery
Arbor Real Estate
List Price
$1,949,000
Sold Price
$1,725,000
Premium/Discount to List
-$224,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 16, 2012
Sold by
Ludwig Donald J
Bought by
Ludwig Donald J and Ludwig Family Trust
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $2,275,000 Chicago Title Company
Interfamily Deed Transfer -- California Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $1,725,000 California Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,600,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,612,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,265,000 Adjustable Rate Mortgage/ARM
Previous Owner $58,000 Future Advance Clause Open End Mortgage
Previous Owner $60,000 Closed End Mortgage
Previous Owner $1,293,750 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $2,275,000 -3.2% $1,542 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $2,349,000 +36.2% $1,593 / Sq Ft
06/03/2014 06/03/14 Sold $1,725,000 -5.5% $1,150 / Sq Ft
04/06/2014 04/06/14 Pending -- -- --
03/21/2014 03/21/14 Price Changed $1,825,000 -6.4% $1,217 / Sq Ft
03/03/2014 03/03/14 For Sale $1,949,000 -- $1,299 / 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 $27,557 $2,537,803 $2,478,258 $59,545
2024 $27,557 $2,488,043 $2,429,665 $58,378
2023 $26,938 $2,439,258 $2,382,024 $57,234
2022 $26,518 $2,391,430 $2,335,318 $56,112
2021 $26,018 $2,344,540 $2,289,528 $55,012
2020 $25,754 $2,320,500 $2,266,052 $54,448
2019 $21,262 $1,895,630 $1,839,889 $55,741
2018 $20,953 $1,858,461 $1,803,812 $54,649
2017 $19,534 $1,822,021 $1,768,443 $53,578
2016 $19,095 $1,786,296 $1,733,768 $52,528
2015 $18,916 $1,759,465 $1,707,726 $51,739
2014 $3,197 $279,246 $225,540 $53,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14043519

California Regional Multiple Listing Service (CRMLS)

APN: 459-095-10