NOT LISTED FOR SALE

Estimated Value: $3,509,139 - $4,908,000

2 Beds
2 Baths
1,150 Sq Ft
$3,375/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $2,510,000 $2,183 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $23,401/month

Highlights

  • Ocean Side of Highway 1
  • Cathedral Ceiling
  • Corner Lot
  • Harbor View Elementary School Rated A
  • Main Floor Bedroom
  • 3-minute walk to Begonia Park

About This Home

As of February 2022

Located on a corner lot, south side of Coast Highway and perched above Bayside Drive in the coveted seaside community of Corona del Mar is the popular flower street Fernleaf. 420 Fernleaf is a charming, single level west facing cottage outfitted with low maintenance luxury vinyl plank floors that are coupled with tongue-and-groove natural wood ceilings in the living room and master bedroom. Additionally, the master bedroom offers a large walk in closet which is a hidden gem in the Corona del Mar village. There is shared laundry in the garage and lots of private courtyard and backyard space dedicated to the front home to make your own. Offering a multitude of opportunities to enjoy a perfectly situated front corner single level home in one of Southern California’s most sought-after coastlines. Welcome yourself home to 420 Fernleaf. Available April 2022.

Last Agent to Rent the Property

Jessica Bailey

Compass License #01990301 Listed on: 01/19/2022

Compass

Co-Listed By

Summer Perry

Compass License #01882790

Last Renter's Agent

Alison Eastman

Compass License #01504800

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,061

Year Built

  • Built in 1941

Lot Details

  • 3,302 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • Corner Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Cottage
  • Additions or Alterations
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room
  • Storage
  • Tile Flooring

Kitchen

  • Eat-In Galley Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Exterior Lighting
  • Rear Porch

Utilities

  • Central Heating
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $6,500
  • Rent includes gardener, water
  • 12-Month Minimum Lease Term
  • Available 4/10/22
  • Legal Lot and Block 2 / 433
  • Tax Tract Number 186
  • Assessor Parcel Number 45911311

Community Details

Overview

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,061

Year Built

Built in 1941

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-04-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 6500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: No
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 45911311
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1150.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Pantry, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.09
  • Room Type: All Bedrooms Down, Family Room, Galley Kitchen, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Patio, Rear Porch, Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Sq Ft: 3302.00
  • Lot Size Acres: 0.0758

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 3302.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Water
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 433
  • Tax Census Tract: 627.01
  • Tax Lot: 2
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Aug 14, 2020
Sold by
Sarkani Shahram and Farsai Sepideh Caroline
Bought by
Ssc Pointsettia Llc
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Carnie Lynn
JC Pacific Corp
Sold Price
$4,300
Current Estimated Value
$3,881,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,876,735
Avg. Annual Appreciation
8.60%
Original Mortgage
$1,543,750
Outstanding Balance
$1,384,725
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,416,088

Purchase Details

Listed on
Aug 3, 2020
Closed on
Jul 27, 2020
Sold by
Vinnicof Paul
Bought by
Farsai Sepideh Caroline and Sarkani Shahram
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Carnie Lynn
JC Pacific Corp
Sold Price
$4,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,543,750
Outstanding Balance
$1,384,725
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,416,088

Purchase Details

Closed on
May 19, 2014
Sold by
Vinnicof Paul
Bought by
Vinnicof Paul
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ssc Pointsettia Llc -- Accommodation
Farsai Sepideh Caroline $2,375,000 Fidelity National Title
Vinnicof Paul -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farsai Sepideh Caroline $1,543,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2022 02/26/22 Rented $4,700 +2.2% --
02/09/2022 02/09/22 Under Contract -- -- --
01/21/2022 01/21/22 Price Changed $4,600 +2.2% $4 / Sq Ft
01/19/2022 01/19/22 For Rent $4,500 0.0% --
08/05/2021 08/05/21 Rented $4,500 0.0% --
08/05/2021 08/05/21 Under Contract -- -- --
07/26/2021 07/26/21 For Rent $4,500 0.0% --
08/18/2020 08/18/20 Sold $2,510,000 0.0% $1,619 / Sq Ft
08/18/2020 08/18/20 Rented $4,300 -4.4% --
08/11/2020 08/11/20 Under Contract -- -- --
08/03/2020 08/03/20 For Rent $4,500 0.0% --
07/16/2020 07/16/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $2,395,000 -- $1,545 / 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 $27,061 $2,570,776 $2,503,123 $67,653
2024 $27,061 $2,520,369 $2,454,042 $66,327
2023 $26,426 $2,470,950 $2,405,923 $65,027
2022 $25,987 $2,422,500 $2,358,748 $63,752
2021 $25,490 $2,375,000 $2,312,498 $62,502
2020 $5,253 $451,873 $390,406 $61,467
2019 $5,153 $443,013 $382,751 $60,262
2018 $5,054 $434,327 $375,246 $59,081
2017 $4,967 $425,811 $367,888 $57,923
2016 $4,860 $417,462 $360,674 $56,788
2015 $4,811 $411,192 $355,257 $55,935
2014 $4,699 $403,138 $348,298 $54,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22011337

California Regional Multiple Listing Service (CRMLS)

APN: 459-113-11