NOT LISTED FOR SALE

424 Carnation Ave Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $6,478,241 - $7,078,000

4 Beds
4.5 Baths
3,112 Sq Ft
$2,215/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $4,267,500 $1,371 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $39,295/month

200 Days on Market

Highlights

  • Ocean View
  • New Construction
  • Contemporary Architecture
  • Harbor View Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 1-minute walk to Begonia Park

About This Home

As of February 2020

A blend of natural materials and ocean views from every level invoke a sense of refined tranquility. A warm palette infuses every detail from exterior façade to elegant finishes throughout. Subtle hues of rose gold and cream accents amplify light permeating from the adjacent courtyard. Intricate wood detailing mirrors the staircase leading to an adaptable den. Relax in the comfort of a retreat inspired master bedroom with elevated ceilings to frame ocean and harbor views. Soak in an oversized tub from the confines of a Mediterranean influenced bathroom, as natural light pours through the overhead windows. A bespoke Juliet balcony overlooks the interior courtyard from one of the three-bedroom suites. A spacious rooftop deck, with both front and rear entertaining space, presides over Begonia Park, showcasing panoramic views of the ocean beyond. A custom elevator and two-car garage replete the 3,112 sq. ft. residence.

Last Agent to Sell the Property

Timothy Tamura

VALIA Properties License #01305097 Listed on: 07/30/2019

Last Buyer's Agent

Jacqueline Brownhopper

Beach Cities Real Estate License #01928988

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,538

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 3,540

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Ocean
  • Harbor
  • Catalina

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 3,112 Sq Ft Home
  • Elevator
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • 3,540 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / 431
  • Tax Tract Number 1
  • Assessor Parcel Number 45911128

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,538

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45911128
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3112.00 Square Feet
  • Interior Amenities: Elevator
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1371.30
  • Room Type: All Bedrooms Up, Bonus Room
  • Room Kitchen Features: Kitchen Island, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Harbor, Ocean
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813
  • Latitude Manual: 33.60083100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3540.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 431
  • Tax Census Tract: 627.01
  • Tax Lot: 6
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Feb 18, 2020
Sold by
424 Carnation Llc
Bought by
Raiff Michael L and Raiff Gretchen W
Seller's Agent
Timothy Tamura
VALIA Properties
Buyer's Agent
Jacqueline Brownhopper
Beach Cities Real Estate
List Price
$5,350,000
Sold Price
$4,267,500
Premium/Discount to List
-$1,082,500
-20.23%
Current Estimated Value
$6,438,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,170,724
Avg. Annual Appreciation
9.54%

Purchase Details

Closed on
Dec 28, 2018
Sold by
606 Orchid Llc
Bought by
606 Orchid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,842,000
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 28, 2017
Sold by
Alpha Property Development Llc
Bought by
424 Carnation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,124,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 10, 2014
Closed on
Aug 18, 2015
Sold by
Stonefield Development Inc
Bought by
Alpha Property Development Llc
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Laura Gale
HOM Sotheby's International
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$1,600,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 10, 2014
Closed on
Aug 14, 2015
Sold by
The M/E Rohrs Family Lp
Bought by
Stonefield Development Inc
Seller's Agent
Laura Gale
HOM Sotheby's International
Buyer's Agent
Laura Gale
HOM Sotheby's International
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Raiff Michael L $4,267,500 Lawyers Title
606 Orchid Llc -- Provident Title Company
424 Carnation Llc -- Fidelity National Title Comp
Alpha Property Development Llc $2,000,000 Fidelity Sherman Oaks
Stonefield Development Inc $1,750,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 606 Orchid Llc $2,842,000
Previous Owner 424 Carnation Llc $3,525,000
Previous Owner 424 Carnation Llc $3,124,000
Previous Owner Alpha Property Development Llc $0
Previous Owner Alpha Property Development Llc $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $4,267,500 -5.2% $1,371 / Sq Ft
11/20/2019 11/20/19 Price Changed $4,500,000 -8.2% $1,446 / Sq Ft
10/02/2019 10/02/19 Price Changed $4,900,000 -8.4% $1,575 / Sq Ft
07/30/2019 07/30/19 For Sale $5,350,000 +205.7% $1,719 / Sq Ft
09/21/2015 09/21/15 Sold $1,750,000 0.0% $1,591 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $1,750,000 -- $1,591 / 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 $48,538 $4,667,133 $3,294,248 $1,372,885
2024 $48,538 $4,575,621 $3,229,655 $1,345,966
2023 $47,406 $4,485,903 $3,166,328 $1,319,575
2022 $46,625 $4,397,945 $3,104,244 $1,293,701
2021 $45,729 $4,311,711 $3,043,376 $1,268,335
2020 $34,052 $3,200,036 $2,098,639 $1,101,397
2019 $26,475 $2,484,043 $2,057,490 $426,553
2018 $24,691 $2,315,733 $2,017,148 $298,585
2017 $20,857 $1,977,597 $1,977,597 $0
2016 $21,485 $2,000,000 $1,938,821 $61,179
2015 $11,641 $1,056,799 $983,623 $73,176
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Timothy Tamura

    VALIA Properties

    Section Image

  • J

    Buyer's Agent in 2020

    Jacqueline Brownhopper

    Beach Cities Real Estate

    (949) 285-5292

    2 in this area

    18 Total Sales

    Section Image

  • L

    Seller's Agent in 2015

    Laura Gale

    HOM Sotheby's International

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19181053

California Regional Multiple Listing Service (CRMLS)

APN: 459-111-28

California Orange County Corona Del Mar 92625 Corona Del Mar

424 Carnation Ave, Corona Del Mar, CA

This home is located at 424 Carnation Ave, Corona Del Mar, CA 92625 since 30 July 2019 and is currently estimated at $6,891,810, approximately $2,214 per square foot. This property was built in 2019. 424 Carnation Ave is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Del Mar Lincoln Child Development Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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