NOT LISTED FOR SALE

Estimated Value: $5,604,000 - $7,676,000

4 Beds
5.5 Baths
3,000 Sq Ft
$2,174/Sq Ft Est. Value

Last Sold February 25, 2012

Last sale price $2,630,000 $877 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $37,730/month

6 Days on Market

Highlights

  • Private Pool
  • Ocean Side of Freeway
  • Wood Flooring
  • Harbor View Elementary School Rated A
  • Cape Cod Architecture
  • 3-minute walk to Begonia Park

About This Home

As of February 2012

This gorgeous Cape Cod-style home sits on two incomparable lots on the ocean side of PCH in the heart of Corona del Mar. This home features a full sized swimming pool, spa, BBQ and spacious outdoor entertaining area with fireplace. Re-built in 2006, this four bedroom and five-and-one-half bath home features walnut hardwood floors throughout, gourmet chef's kitchen with Carrera marble counter tops and stainless steal appliances, formal dining room, a library, two family rooms, surround sound and two fireplaces. The bedrooms are all upstairs each with their own bath. Four blocks from the spectacular beaches of Corona del Mar and within walking distance to shops and restaurants. One-car garage, drive-way and uncovered parking spot in rear of home. This is a spectacular home on a 60ft lot!

Last Agent to Sell the Property

Eliisa Stowell

Surterre Properties Inc. License #01397481 Listed on: 01/25/2012

Surterre Properties Inc.

Co-Listed By

Michelle Brown

The Agency License #01370938

Last Buyer's Agent

Chris Valli

Surterre Properties Inc. License #00604151

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,233

Year Built

  • Built in 2006

Lot Details

  • 7,080 Sq Ft Lot
  • Front and Back Yard Sprinklers

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Driveway
  • On-Street Parking
  • Parking Lot

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Wainscoting
  • Recessed Lighting
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Separate Family Room
  • Living Room
  • Dining Room
  • Den
  • Library with Fireplace
  • Center Hall
  • Breakfast Bar
  • Wood Flooring
  • Laundry in unit
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 0.16 / 432
  • Tax Tract Number 186
  • Assessor Parcel Number 45911216

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,233

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-903-0026
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH
  • View: No
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45911216
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Interior Amenities: Recessed Lighting, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Electric, Gas, Library, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 876.67
  • Room Type: Attic, All Bedrooms Up, Center Hall, Den, Library, Living Room, Separate Family Room
  • Spa Features: Private
  • Window Features: Custom Covering

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Covered
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Parking Space, Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7080.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7080.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 432
  • Tax Lot: 0.16
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2012
Closed on
Feb 3, 2012
Sold by
Hutchison Therese Monterastelli
Bought by
Knaup Thomas W and Thomas W Knaup Trust
Seller's Agent
Eliisa Stowell
Surterre Properties Inc.
Buyer's Agent
Chris Valli
Surterre Properties Inc.
List Price
$2,660,000
Sold Price
$2,630,000
Premium/Discount to List
-$30,000
-1.13%
Current Estimated Value
$6,521,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,891,408
Avg. Annual Appreciation
6.89%
Original Mortgage
$1,200,000
Outstanding Balance
$820,150
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$5,701,258

Purchase Details

Closed on
Mar 26, 2007
Sold by
Hutchison Therese Monterastelli
Bought by
Hutchison Therese Monterastelli and Monterastelli Hutchison Family Trust

Purchase Details

Closed on
Sep 30, 2004
Sold by
Hutchison Therese Monterastelli
Bought by
Hutchison Therese Monterastelli and Monterastelli Hutchison Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.5%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 13, 1998
Sold by
Drury John M and Drury June M
Bought by
Hutchison Robert H and Hutchinson Therese Monterastelli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

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Average Value
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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
Knaup Thomas W $2,630,000 Usa National Title Co
Hutchison Therese Monterastelli -- None Available
Hutchison Therese Monterastelli -- First American Title Ins Co
Hutchison Robert H $1,000,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knaup Thomas W $1,200,000
Previous Owner Hutchison Therese Monterastelli $1,000,000
Previous Owner Hutchison Robert H $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2012 02/25/12 Sold $2,630,000 -1.1% $877 / Sq Ft
01/25/2012 01/25/12 For Sale $2,660,000 -- $887 / 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 $36,233 $3,481,394 $2,633,538 $847,856
2024 $36,233 $3,413,132 $2,581,900 $831,232
2023 $35,385 $3,346,208 $2,531,274 $814,934
2022 $34,799 $3,280,597 $2,481,642 $798,955
2021 $34,130 $3,216,272 $2,432,982 $783,290
2020 $33,802 $3,183,294 $2,408,035 $775,259
2019 $33,097 $3,120,877 $2,360,819 $760,058
2018 $32,435 $3,059,684 $2,314,529 $745,155
2017 $31,859 $2,999,691 $2,269,146 $730,545
2016 $31,140 $2,940,874 $2,224,653 $716,221
2015 $30,863 $2,891,223 $2,191,237 $699,986
2014 $28,342 $2,664,040 $2,148,313 $515,727
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000353

California Regional Multiple Listing Service (CRMLS)

APN: 459-112-16