NOT LISTED FOR SALE

Estimated Value: $7,620,731 - $9,346,000

4 Beds
6 Baths
4,241 Sq Ft
$2,011/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $8,000,000 $1,886 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $49,287/month

13 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Rooftop Deck
  • Harbor View Elementary School Rated A
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of July 2024

A masterpiece of custom design by renowned architect Eric Olsen and crafted to perfection by RDM Construction, this exquisite residence offers unparalleled craftsmanship and attention to detail. Nestled in the prestigious Corona Del Mar neighborhood of Corona Highlands, this home redefines luxury living with its timeless elegance and sophisticated finishes spanning throughout all living spaces including 4 bedrooms, 4.5 baths and an office. Enjoy breathtaking ocean views, inviting you to unwind and indulge in the beauty of the Pacific Ocean and Catalina Island. Additionally, indulge in the luxury of access to a private community beach, offering exclusive opportunities for relaxation and recreation. Don't miss the chance to own a piece of architectural brilliance in one of Southern California's most coveted locations.

Last Agent to Sell the Property

Garrett Weston

Coldwell Banker Realty Brokerage Phone: 714-425-6904 License #01385026 Listed on: 06/11/2024

Coldwell Banker Realty

Last Buyer's Agent

Zac Dweck

Douglas Elliman Of California License #02104129

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,582

Year Built

  • Built in 2015

Lot Details

  • 5,940 Sq Ft Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back and Front Yard

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Flat Roof Shape
  • Slab Foundation
  • Fire Rated Drywall
  • Wood Siding
  • Stone Siding
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 4,241 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Game Room
  • Storage
  • Laundry Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Alarm System
  • Smart Home
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Beach Access
  • Living Room Balcony
  • Rooftop Deck
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 1237
  • Assessor Parcel Number 45916204
  • $380 per year additional tax assessments

Community Details

Overview

  • Chpoa Association, Phone Number (714) 425-6904
  • Corona Highlands Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,582

Year Built

Built in 2015

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Corona Highlands (CORH)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45916204
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4241.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Copper Plumbing Full, High Ceilings, Home Automation System, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Outside, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1886.35
  • Room Type: Bonus Room, Den, Dressing Area, Exercise Room, Family Room, Formal Entry, Game Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Media Room, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Custom Covering, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Exhaust Fan(s), Main Floor Full Bath, Remodeled, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Storage
  • Exterior Features: Lighting
  • View: Catalina, City Lights, Hills, Ocean, Panoramic, Water
  • Patio And Porch Features: Deck, Roof Top
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Glass, Plaster, Stone, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Driveway, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s), Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Annually
  • Association Name: CHPOA
  • Phone: 7144256904
  • Senior Community: No
  • Community Features: Biking, Street Lights
  • Association Management: On File

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 5940.00
  • Lot Size Acres: 0.1364
  • Latitude Manual: 33.59402600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5940.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 57
  • Tax Tract Number: 1237
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Jul 9, 2024
Sold by
Merwood Properties-Serra Drive Llc
Bought by
428 Serrations Llc
Seller's Agent
Garrett Weston
Coldwell Banker Realty
Buyer's Agent
Zac Dweck
Douglas Elliman Of California
List Price
$8,900,000
Sold Price
$8,000,000
Premium/Discount to List
-$900,000
-10.11%
Views
32
Current Estimated Value
$8,529,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,683
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Apr 10, 2014
Sold by
Murtaugh Melinda
Bought by
Murtaugh Melinda Renee and The Melinda Renee Murtaugh 2014 Trust

Purchase Details

Listed on
Aug 20, 2013
Closed on
Aug 27, 2013
Sold by
Dean Nicholas R P
Bought by
Murtaugh Melinda
Seller's Agent
Shana Spitzer
Compass
Buyer's Agent
Shana Spitzer
Compass
List Price
$1,825,000
Sold Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$1,277,500
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2010
Sold by
Dean Nicholas R P and Dean Leslie H
Bought by
Dean Nicholas R P

Purchase Details

Closed on
Aug 21, 1995
Sold by
Cunningham James E and Cunningham Jorlaine S
Bought by
Ratliff Jeffrey W and Ratliff Jane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
7.75%
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
428 Serrations Llc $8,000,000 Commonwealth Land Title
Murtaugh Melinda Renee -- None Available
Murtaugh Melinda $1,825,000 Equity Title Company
Dean Nicholas R P -- None Available
Ratliff Jeffrey W $535,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merwood Properties Serra Drive Llc $1,160,000
Previous Owner Murtaugh Melinda Renee $1,215,000
Previous Owner Murtaugh Melinda $1,277,500
Previous Owner Dean Nicholas $500,000
Previous Owner Dean Nicholas R P $250,000
Previous Owner Dean Nicholas R P $444,000
Previous Owner Dean Nicholas R P $439,200
Previous Owner Dean Nicholas R P $441,000
Previous Owner Dean Nicholas R P $145,000
Previous Owner Ratliff Jeffrey W $40,000
Previous Owner Ratliff Jeffrey W $428,000
Closed Ratliff Jeffrey W $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $8,000,000 -10.1% $1,886 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $8,900,000 0.0% $2,099 / Sq Ft
08/25/2021 08/25/21 Rented $28,000 +12.0% --
07/07/2021 07/07/21 For Rent $25,000 0.0% --
07/07/2021 07/07/21 Off Market $25,000 -- --
03/13/2017 03/13/17 Rented $15,000 0.0% --
12/29/2016 12/29/16 For Rent $15,000 +7.1% --
01/15/2016 01/15/16 Rented $14,000 -6.7% --
01/08/2016 01/08/16 Off Market $15,000 -- --
11/24/2015 11/24/15 For Rent $15,000 0.0% --
10/11/2013 10/11/13 Sold $1,825,000 0.0% $767 / Sq Ft
08/24/2013 08/24/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $1,825,000 -- $767 / 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 $33,582 $8,000,000 $6,518,016 $1,481,984
2024 $33,582 $3,154,208 $1,948,820 $1,205,388
2023 $32,797 $3,092,361 $1,910,608 $1,181,753
2022 $32,255 $3,031,727 $1,873,145 $1,158,582
2021 $31,636 $2,972,282 $1,836,417 $1,135,865
2020 $31,333 $2,941,805 $1,817,586 $1,124,219
2019 $30,682 $2,884,123 $1,781,947 $1,102,176
2018 $41,087 $3,876,000 $2,795,435 $1,080,565
2017 $29,537 $2,772,130 $1,712,752 $1,059,378
2016 $27,782 $2,613,912 $1,679,169 $934,743
2015 $17,802 $1,653,947 $1,653,947 $0
2014 $7,250 $657,790 $461,655 $196,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24118708

California Regional Multiple Listing Service (CRMLS)

APN: 459-162-04