$1,250,000
SOLD MAY 25, 2012
-- Bed
-- Bath
1,864 Sq Ft
3,419 Sq Ft Lot

Recently Sold

$671 Per Sq Ft

4% Below List Price

303 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Siding
  • 4-minute walk to Bayside Drive Park
  • Harbor View Elementary School Rated A
  • Heating System Uses Natural Gas

About This Home

As of May 2012

Prime location in the Village. Corona del Mar duplex has 2BR/1BA Front cottage, 2BR/1BA rear unit and rear studio off of private patio. Two car garage with washer and dryer hookups. Walk to the local shops and restaurants or take the foot bridge to the ocean located at the end of the street.

Last Agent to Sell the Property

Ron Fisk

Fisk Properties Incorporated License #01775027 Listed on: 07/27/2011

Last Buyer's Agent

Paula Smith

Re/Max Premier Realty License #00959712

Re/Max Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,109

Year Built

  • Built in 1965

Lot Details

  • 3,419 Sq Ft Lot
  • Lot Dimensions are 30 x 118

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,864 Sq Ft Home
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Window Screens

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 20 / 434
  • Assessor Parcel Number 45917310

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $400
  • Gardener Expense $800
  • Insurance Expense $700
  • Professional Management Expense $2,000
  • Trash Expense $250
  • Water Sewer Expense $450
  • New Taxes Expense $2,084
  • Gross Income $4,600
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,109

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 3.00
  • Professional Management Expense: 2000.00
  • View: No
  • Water Sewer Expenses: 450.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 800.00
  • Parcel Number: 45917310
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Fireplace Features: Gas Starter, Masonry
  • Levels: Two
  • Price Per Square Foot: 670.60
  • Window Features: Screens

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 30 x 118
  • Lot Size Sq Ft: 3419.00
  • Lot Size Acres: 0.0780

Multi Family

  • Electric Expense: 400.00
  • Gross Income: 4600.00
  • Gross Multiplier: 24.06
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 700.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 3419.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11000.00

Tax Info

  • New Taxes Expense: 2084.00
  • Tax Area: 07001
  • Tax Block: 434
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2016
Sold by
Walker Tommy L and Walker Jayne R
Bought by
Walker Tommy L and Walker Jayne R
Current Estimated Value
$3,566,580

Purchase Details

Listed on
Jul 27, 2011
Closed on
May 7, 2012
Sold by
Turner Brandi Persons and Persons Brandi
Bought by
Ayala Reinaldo J and Ayala Beverly R
Seller's Agent
Ron Fisk
Fisk Properties Incorporated
Buyer's Agent
Paula Smith
Re/Max Premier Realty
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$1,000,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2011
Closed on
Apr 20, 2012
Sold by
Ayala Reignaldo J and Ayala Beverly R
Bought by
Walker Tommy L and Walker Jayne R
Seller's Agent
Ron Fisk
Fisk Properties Incorporated
Buyer's Agent
Paula Smith
Re/Max Premier Realty
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

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
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Fisk Robert M and Fisk William J
Bought by
Fisk Robert M

Purchase Details

Closed on
Nov 30, 2010
Sold by
Fisk Robert M
Bought by
Fisk Robert M and Fisk William J

Purchase Details

Closed on
May 7, 2010
Sold by
Borer Jodi
Bought by
Borer Jodi

Purchase Details

Closed on
Dec 9, 2008
Sold by
Laret James Arthur and Laret Susan Rose
Bought by
Laret James Arthur and Laret Susan Rose

Purchase Details

Closed on
Jun 17, 2008
Sold by
Laret James Arthur
Bought by
Laret James Arthur and Laret Judith Ann

Purchase Details

Closed on
May 28, 2008
Sold by
Fisk Robert M
Bought by
Fisk Robert M

Purchase Details

Closed on
Jul 20, 2005
Sold by
Laret Arthur Raymond and Laret Arthur R
Bought by
Laret Arthur R

Purchase Details

Closed on
Jun 23, 2005
Sold by
Fisk Grace I
Bought by
2005 William G & Grace I Fisk Revocable
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- California Title
Grant Deed $1,250,000 California Title
Interfamily Deed Transfer -- California Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $944,000 New Conventional
Closed $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Rented $3,700 -2.6% --
06/14/2024 06/14/24 For Rent $3,800 0.0% --
06/13/2024 06/13/24 Off Market $3,800 -- --
05/16/2024 05/16/24 Price Changed $3,800 -2.6% $5 / Sq Ft
04/21/2024 04/21/24 Price Changed $3,900 +2.6% $5 / Sq Ft
04/19/2024 04/19/24 For Rent $3,800 +11.8% --
10/29/2021 10/29/21 Rented $3,400 0.0% --
10/29/2021 10/29/21 For Rent $3,400 0.0% --
10/28/2021 10/28/21 Off Market $3,400 -- --
10/22/2021 10/22/21 For Rent $3,400 +25.9% --
01/22/2021 01/22/21 Rented $2,700 0.0% --
01/20/2021 01/20/21 Under Contract -- -- --
01/18/2021 01/18/21 Off Market $2,700 -- --
01/12/2021 01/12/21 Price Changed $2,700 -3.6% $4 / Sq Ft
12/28/2020 12/28/20 For Rent $2,800 0.0% --
12/25/2020 12/25/20 Off Market $2,800 -- --
12/19/2020 12/19/20 For Rent $2,800 0.0% --
12/16/2020 12/16/20 Off Market $2,800 -- --
12/03/2020 12/03/20 For Rent $2,800 -17.6% --
07/15/2020 07/15/20 Rented $3,400 0.0% --
07/06/2020 07/06/20 Price Changed $3,400 -2.9% $4 / Sq Ft
06/12/2020 06/12/20 For Rent $3,500 +40.0% --
04/25/2018 04/25/18 Rented $2,500 0.0% --
04/25/2018 04/25/18 Off Market $2,500 -- --
04/21/2018 04/21/18 For Rent $2,500 0.0% --
04/19/2018 04/19/18 Off Market $2,500 -- --
04/19/2018 04/19/18 For Rent $2,600 0.0% --
04/18/2018 04/18/18 Off Market $2,600 -- --
05/25/2012 05/25/12 Sold $1,250,000 -3.8% $671 / Sq Ft
05/25/2012 05/25/12 Pending -- -- --
07/27/2011 07/27/11 For Sale $1,299,000 -- $697 / 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 $17,109 $1,605,975 $1,473,795 $132,180
2024 $17,109 $1,574,486 $1,444,897 $129,589
2023 $16,705 $1,543,614 $1,416,565 $127,049
2022 $16,424 $1,513,348 $1,388,790 $124,558
2021 $16,112 $1,483,675 $1,361,559 $122,116
2020 $15,957 $1,468,462 $1,347,598 $120,864
2019 $15,631 $1,439,669 $1,321,174 $118,495
2018 $15,322 $1,411,441 $1,295,269 $116,172
2017 $15,052 $1,383,766 $1,269,871 $113,895
2016 $14,717 $1,356,634 $1,244,972 $111,662
2015 $14,577 $1,336,257 $1,226,272 $109,985
2014 $14,197 $1,306,582 $1,202,251 $104,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S668801

California Regional Multiple Listing Service (CRMLS)

APN: 459-173-10