NOT LISTED FOR SALE

Estimated Value: $3,846,000 - $5,528,000

3 Beds
2 Baths
1,890 Sq Ft
$2,469/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $3,150,000 $1,667 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $28,424/month

6 Days on Market

Highlights

  • Ocean View
  • Main Floor Bedroom
  • Laundry Room
  • Harbor View Elementary School Rated A
  • 2 Car Attached Garage
  • Front Yard

About This Home

As of April 2020

Perched on a Corona Highlands lot with 220-degree ocean views throughout, this parcel provides the opportunity for a large, new construction home. The current footprint has three bedrooms, two bathrooms, two large family rooms, an updated kitchen and a large courtyard. The dual-sided access lot provides easy access to additional parking, pathway to the beach, and Corona del Mar shopping and dining that only Corona Highlands can offer. Probate sale.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 03/06/2020

Christie's International R.E. Southern California

Last Buyer's Agent

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 03/06/2020

Christie's International R.E. Southern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,857

Year Built

  • Built in 1954

Lot Details

  • 6,300 Sq Ft Lot
  • Front Yard

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Hills

Interior Spaces

  • 1,890 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Community Details

  • Corona Highlands Association, Phone Number (949) 204-4066

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 1237
  • Assessor Parcel Number 45913126

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,857

Year Built

Built in 1954

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 949-702-7047
  • Property Attached: No
  • Subdivision Name Other: Corona Highlands (CORH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45913126
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1890.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1666.67
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Catalina, Coastline, Hills, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 110.00
  • Association Fee Frequency: Annually
  • Association Name: Corona Highlands
  • Phone: 949-204-4066
  • Senior Community: No
  • Community Features: Curbs
  • Association Management: Corona Highlands

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 117
  • Tax Tract Number: 1237

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Sarabi Dennis
Bought by
Sarabi Dennis and The Dennis Sarabi Trust
Current Estimated Value
$4,666,630

Purchase Details

Listed on
Mar 6, 2020
Closed on
Mar 16, 2020
Sold by
Godbe Douglas E and Estate Of Selina Bel Smith
Bought by
Sarabi Dennis
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$3,195,000
Sold Price
$3,150,000
Premium/Discount to List
-$45,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$2,677,500
Interest Rate
2.75%
Mortgage Type
New Conventional
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
Sarabi Dennis -- None Available
Sarabi Dennis $3,150,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarabi Dennis $2,602,750
Closed Sarabi Dennis $2,677,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2020 04/09/20 Sold $3,150,000 -1.4% $1,667 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $3,195,000 -- $1,690 / 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 $35,857 $3,444,983 $3,332,771 $112,212
2024 $35,857 $3,377,435 $3,267,423 $110,012
2023 $35,018 $3,311,211 $3,203,356 $107,855
2022 $34,438 $3,246,286 $3,140,545 $105,741
2021 $33,776 $3,182,634 $3,078,966 $103,668
2020 $33,525 $3,150,000 $3,044,374 $105,626
2019 $1,675 $132,102 $72,519 $59,583
2018 $1,643 $129,512 $71,097 $58,415
2017 $1,614 $126,973 $69,703 $57,270
2016 $1,580 $124,484 $68,336 $56,148
2015 $1,562 $122,615 $67,310 $55,305
2014 $1,525 $120,214 $65,992 $54,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20050627

California Regional Multiple Listing Service (CRMLS)

APN: 459-131-26