$799,000
SOLD MAY 13, 2015

505 1/2 Marguerite Ave Corona Del Mar, CA 92625

Corona Del Mar Neighborhood
1 Bed
1 Bath
830 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$963 Per Sq Ft

7 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Cathedral Ceiling
  • Harbor View Elementary School Rated A
  • Property is near a park
  • 5-minute walk to Bayside Drive Park

About This Home

As of June 2020

Spacious rear unit with soaring ceilings and multiple skylights throughout offering natural, illuminated rooms. The kitchen with abundant counter space and cabinetry overlooks the dining room and massive living room boasting a fireplace, beamed ceilings, and a viewing deck. The master bedroom with vaulted ceiling has city views and balcony to enjoy. Best value located in the heart of Corona del Mar Village, near world-famous beaches, Lookout Point, the landmark harbor, shopping and dining - this rare property offering affords ideal seaside living.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 04/06/2015

Christie's International R.E. Southern California

Last Buyer's Agent

Mary Golding

Christie's International R.E. Southern California License #01865418

Christie's International R.E. Southern California

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,993

Year Built

  • Built in 1975

Lot Details

  • Property fronts an alley
  • 1 Common Wall

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 830 Sq Ft Home
  • Open Floorplan
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Shutters
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Porch

Additional Features

  • Property is near a park
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 186
  • Assessor Parcel Number 45919620

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,993

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 45919620
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 830.00
  • Interior Amenities: Bar, Beamed Ceilings, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Track Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 962.65
  • Room Type: Formal Entry, Great Room, Living Room
  • Window Features: Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Deck, Porch
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Common Area, In Closet, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Jun 24, 2020
Sold by
505 1 2 Marguerite Llc
Bought by
Vallance Tracy A and Tracy Ann Vallance
Seller's Agent
Mary Golding
Christie's International R.E. Southern California
Buyer's Agent
Wayne Smith
Corona Del Mar Properties Inc
List Price
$940,000
Sold Price
$940,000
Current Estimated Value
$1,567,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,706
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Mar 21, 2017
Sold by
Shepard Judith E
Bought by
Shepard Judith E and The Judith E Shepard Trust
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
Grant Deed $940,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $940,000 0.0% $1,133 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $940,000 +17.6% $1,133 / Sq Ft
05/13/2015 05/13/15 Sold $799,000 0.0% $963 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $799,000 -- $963 / 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 $10,993 $1,028,025 $923,948 $104,077
2024 $10,993 $1,007,868 $905,831 $102,037
2023 $10,734 $988,106 $888,069 $100,037
2022 $10,553 $968,732 $870,656 $98,076
2021 $10,352 $949,738 $853,585 $96,153
2020 $13,458 $1,244,400 $1,149,556 $94,844
2019 $13,182 $1,220,000 $1,127,015 $92,985
2018 $9,147 $843,955 $749,579 $94,376
2017 $8,985 $827,407 $734,881 $92,526
2016 $8,784 $811,184 $720,472 $90,712
Source: Public Records

Agents Affiliated with this Home

  • Mary Golding

    Seller's Agent in 2020

    Mary Golding

    Christie's International R.E. Southern California

    (949) 929-3184

    49 in this area

    105 Total Sales

    Mary Golding
    Section Image
  • Wayne Smith

    Buyer's Agent in 2020

    Wayne Smith

    Corona Del Mar Properties Inc

    (949) 300-2215

    13 in this area

    51 Total Sales

    Wayne Smith
    Section Image
  • Casey Lesher

    Seller's Agent in 2015

    Casey Lesher

    Christie's International R.E. Southern California

    (949) 554-1200

    182 in this area

    323 Total Sales

    Casey Lesher
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15071592

California Regional Multiple Listing Service (CRMLS)

APN: 938-018-19

California Orange County Corona Del Mar 92625 Corona Del Mar

505 1/2 Marguerite Ave, Corona Del Mar, CA

This home is located at 505 1/2 Marguerite Ave, Corona Del Mar, CA 92625 and is currently priced at $799,000, approximately $962 per square foot. This property was built in 1975. 505 1/2 Marguerite Ave is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

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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