NOT LISTED FOR SALE

Estimated Value: $2,719,000 - $2,872,000

3 Beds
2.5 Baths
2,968 Sq Ft
$948/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $1,675,000 $564 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $17,121/month

50 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Stone Flooring
  • Concordia Elementary School Rated A
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of May 2017

This home boasts Catalina island and coastline ocean views ! The expansive unobstructed ocean and sunset views can be enjoyed from nearly every room. Upgraded kitchen including granite counter tops, custom sub-zero refrigerator and upgraded appliances. A luxurious main floor master suite with walk in closet and custom built-ins. Recently remodeled master bathroom with travertine floors, granite stone shower and pedestal tub. Two second floor bedrooms, each with a private balcony to enjoy the ocean views. The kitchen is open to the dining room and living room, creating a perfect atmosphere for entertaining. Tons on extras here including an outdoor BBQ area that is great for entertaining and enjoying the fantastic view! 3 car garage with lots of built-in storage. Only minutes to beach, freeway, shops and restaurants.

Last Agent to Sell the Property

Joe Rutter

EHM Real Estate, Inc. License #01861469 Listed on: 01/16/2017

Last Buyer's Agent

Lori Gee

First Team Real Estate License #01356071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,229

Year Built

  • Built in 1980

Lot Details

  • 5,500 Sq Ft Lot
  • Back Yard

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Golf Course

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 2,968 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Alarm System

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • Palacio Del Mar Homeowners Association, Phone Number (949) 858-1055

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 8188
  • Assessor Parcel Number 69038153

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,229

Year Built

Built in 1980

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Wired for Alarm System
  • Subdivision Name Other: Palacio Del Mar (PD)
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 69038153
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2968.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 564.35
  • Room Type: Family Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom

Exterior Features

  • View: Catalina, Coastline, Golf Course, Ocean
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Refrigerator
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly
  • Association Fee: 210.00
  • Association Fee Frequency: Monthly
  • Association Name: Palacio del Mar Homeowners Association
  • Phone: 949-858-1055
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5500.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 421.14
  • Tax Lot: 73
  • Tax Tract Number: 8188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Mar 9, 2017
Sold by
Benedict Franklin L and Benedict Ronnie C
Bought by
Ermey Jack Leon and Ermey Claudia Gene
Seller's Agent
Joe Rutter
EHM Real Estate, Inc.
Buyer's Agent
Lori Gee
First Team Real Estate
List Price
$1,695,000
Sold Price
$1,675,000
Premium/Discount to List
-$20,000
-1.18%
Current Estimated Value
$2,815,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,140,072
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Aug 3, 2016
Closed on
Aug 22, 2016
Sold by
Zimmerman Howard A
Bought by
Benedict Franklin L and Benedict Ronnie C
Seller's Agent
Gabe Cole
Real Broker
Buyer's Agent
Barbie Meyer
Barbara Real Estate
List Price
$1,595,000
Sold Price
$1,595,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Oct 14, 2015
Sold by
Zimmerman Howard A
Bought by
Zimmerman Howard A and Zimmerman Family Trust

Purchase Details

Closed on
Apr 11, 2013
Sold by
Zimmerman Howard A and Zimmerman Mary K Taylor
Bought by
Zimmerman Howard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Zimmerman Howard A and Zimmerman Mary K
Bought by
Zimmerman Howard A and Zimmerman Mary K Taylor

Purchase Details

Closed on
Jul 26, 2010
Sold by
Gordon Robert L and Gordon Lorna D
Bought by
Zimmerman Howard A and Zimmerman Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 1996
Sold by
Keast Donald G and Keast Marilyn
Bought by
Gordon Robert L and Gordon Lorna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.87%
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
Ermey Jack Leon $1,675,000 Chicago Title Company
Benedict Franklin L $1,595,000 Equity Title Inland Empire
Zimmerman Howard A -- None Available
Zimmerman Howard A -- First American Title Company
Zimmerman Howard A -- Accommodation
Zimmerman Howard A $1,200,000 Equity Title Orange County-I
Gordon Robert L $475,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zimmerman Howard A $75,000
Previous Owner Zimmerman Howard A $925,000
Previous Owner Zimmerman Howard A $960,000
Previous Owner Gordon Robert L $250,000
Previous Owner Gordon Robert L $550,000
Previous Owner Gordon Robert L $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2017 05/04/17 Sold $1,675,000 -1.2% $564 / Sq Ft
01/16/2017 01/16/17 For Sale $1,695,000 +6.3% $571 / Sq Ft
09/27/2016 09/27/16 Sold $1,595,000 0.0% $516 / Sq Ft
09/03/2016 09/03/16 Pending -- -- --
08/03/2016 08/03/16 For Sale $1,595,000 -- $516 / 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 $19,229 $1,943,979 $1,548,231 $395,748
2024 $19,229 $1,905,862 $1,517,873 $387,989
2023 $18,820 $1,868,493 $1,488,111 $380,382
2022 $18,460 $1,831,856 $1,458,932 $372,924
2021 $18,103 $1,795,938 $1,430,326 $365,612
2020 $17,922 $1,777,523 $1,415,659 $361,864
2019 $17,568 $1,742,670 $1,387,901 $354,769
2018 $17,229 $1,708,500 $1,360,687 $347,813
2017 $16,154 $1,595,000 $1,248,118 $346,882
2016 $13,091 $1,298,712 $927,790 $370,922
2015 $12,894 $1,279,205 $913,854 $365,351
2014 $12,646 $1,254,148 $895,953 $358,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17009981

California Regional Multiple Listing Service (CRMLS)

APN: 690-381-53