Seller's Agent in 2016
John Cain
Pacific Sothebys
(714) 655-8940
15 in this area
211 Total Sales
423 Morning Canyon Rd Unit 2 Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated Value: $3,534,000 - $3,824,761
4
Beds
3.5
Baths
2,626
Sq Ft
2000
Built
Highlights
- Ocean View
- Property has ocean access
- Primary Bedroom Suite
- Harbor View Elementary School Rated A
- No Units Above
- Custom Home
About This Home
As of May 2016Indulge yourself with stunning, panoramic ocean and Catalina views from the entire upper level of this custom, contemporary condo located in the desirable Corona Highlands neighborhood of Corona del Mar. A reverse, open-concept floor plan combined with 9-foot ceilings and tall doorways give the nearly 2,630 square feet of living space a grand, penthouse-like quality. Freshly painted rooms are bright and abundant in natural light that floods in through large windows and multiple skylights. The main-level master suite is complete with a fireplace, walk-in closet, luxurious bath with jetted tub and separated shower. Downstairs consists of three additional bedrooms, two bathrooms (one en-suite), and laundry room. Upgrades abound, along with high-end appliances and features like central vacuum and in-ceiling surround sound. Take advantage of outdoor living on two spacious balconies, a downstairs patio, or in your private backyard with a built-in barbecue and grassy area perfect for pets. An oversized, 2-car garage with additional areas for a home gym and storage or wine cellar offers added conveniences. To top it off, private access to Shore Cliffs and Little Corona beaches assures nothing but the most ultra exclusive, coastal lifestyle. (No HOA)
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01467294 Listed on: 01/20/2016
Co-Listed By
Andrew Pollaro
Redfin License #01945811
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $26,278
Year Built
- Built in 2000 | Remodeled
Lot Details
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- Front and Back Yard Sprinklers
- Private Yard
- Back Yard
Parking
- 2 Car Direct Access Garage
- Parking Available
- Side by Side Parking
Property Views
- Ocean
- Catalina
- Panoramic
- Neighborhood
Home Design
- Custom Home
- Contemporary Architecture
- Modern Architecture
- Turnkey
- Flat Roof Shape
- Slab Foundation
- Plaster
Interior Spaces
- 2,626 Sq Ft Home
- Open Floorplan
- Central Vacuum
- High Ceiling
- Skylights
- Recessed Lighting
- Double Pane Windows
- Tinted Windows
- Plantation Shutters
- French Doors
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Formal Dining Room
- Storage
- Alarm System
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Convection Oven
- Electric Oven
- Six Burner Stove
- Built-In Range
- Indoor Grill
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Double Master Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
- 220 Volts In Laundry
Eco-Friendly Details
- Energy-Efficient Windows
- Energy-Efficient HVAC
Outdoor Features
- Property has ocean access
- Living Room Balcony
- Deck
- Terrace
- Outdoor Grill
- Rain Gutters
- Concrete Porch or Patio
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- High-Efficiency Water Heater
- Central Water Heater
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 1237
- Assessor Parcel Number 93801394
Community Details
Overview
- No Home Owners Association
- 2 Units
- Built by Todd Schooler/Vic Peterson
- Custom
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
- Firewall
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2016
Closed on
Apr 29, 2016
Sold by
Vali Megan
Bought by
The Olinski Family Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Steve deVre'
Realty One Group West
List Price
$2,395,000
Sold Price
$2,120,000
Premium/Discount to List
-$275,000
-11.48%
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
$1,517,254
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,000,000
Outstanding Balance
$764,651
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,872,603
Purchase Details
Closed on
Jul 30, 2009
Sold by
Vali Megan
Bought by
Vali Megan and Megan Vali Trust
Purchase Details
Closed on
Dec 27, 2001
Sold by
Recker Kenneth and Recker Sue
Bought by
Vali Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
6.62%
Purchase Details
Closed on
Jun 26, 2000
Sold by
Peterson Construction & Design Inc
Bought by
Recker Kenneth and Recker Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,600
Interest Rate
8.12%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Olinski Family Trust | $2,120,000 | California Title Company | |
| Vali Megan | -- | None Available | |
| Vali Megan | $935,000 | Chicago Title Co | |
| Recker Kenneth | $799,500 | Chicago Title | |
| Peterson Construction & Design Inc | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | The Olinski Family Trust | $1,000,000 | |
| Previous Owner | Vali Megan | $748,000 | |
| Previous Owner | Recker Kenneth | $639,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/09/2016 05/09/16 | Sold | $2,120,000 | -11.5% | $807 / Sq Ft |
| 04/01/2016 04/01/16 | Pending | -- | -- | -- |
| 01/20/2016 01/20/16 | For Sale | $2,395,000 | 0.0% | $912 / Sq Ft |
| 07/17/2014 07/17/14 | Rented | $6,500 | -7.1% | -- |
| 06/17/2014 06/17/14 | Under Contract | -- | -- | -- |
| 05/27/2014 05/27/14 | For Rent | $7,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $26,278 | $2,509,646 | $2,174,569 | $335,077 |
| 2024 | $26,278 | $2,460,438 | $2,131,931 | $328,507 |
| 2023 | $25,662 | $2,412,195 | $2,090,129 | $322,066 |
| 2022 | $25,237 | $2,364,898 | $2,049,147 | $315,751 |
| 2021 | $24,754 | $2,318,528 | $2,008,968 | $309,560 |
| 2020 | $24,516 | $2,294,755 | $1,988,369 | $306,386 |
| 2019 | $24,008 | $2,249,760 | $1,949,381 | $300,379 |
| 2018 | $23,530 | $2,205,648 | $1,911,158 | $294,490 |
| 2017 | $23,114 | $2,162,400 | $1,873,684 | $288,716 |
| 2016 | $12,516 | $1,166,818 | $894,461 | $272,357 |
| 2015 | $12,471 | $1,149,292 | $881,026 | $268,266 |
| 2014 | $12,104 | $1,126,779 | $863,767 | $263,012 |
Source: Public Records
Agents Affiliated with this Home
-
John Cain
-
Andrew Pollaro
A
Seller Co-Listing Agent in 2016
Andrew Pollaro
Redfin
-
Steve deVre'
Buyer's Agent in 2016
Steve deVre'
Realty One Group West
(949) 533-4010
17 Total Sales
-
S
Seller's Agent in 2014
Shahin Karimian
Freedom Realty
-
Suzanne Harrison
Buyer's Agent in 2014
Suzanne Harrison
Seven Gables Real Estate
(714) 270-6760
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16012627
APN: 938-013-94
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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