NOT LISTED FOR SALE

509 Morning Canyon Rd Unit 12 Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $970,000 - $1,617,000

2 Beds
1 Bath
1,000 Sq Ft
1986 Built

Last Sold April 21, 2021

Last sale price $713,000 $713 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,131/month

Highlights

  • Gated Community
  • Updated Kitchen
  • Cathedral Ceiling
  • Harbor View Elementary School Rated A
  • Peek-A-Boo Views
  • Granite Countertops

About This Home

As of July 2021

Beautiful move in ready condo. Unit is upstairs with wood beamed cathedral ceilings an inviting fireplace and a peek a boo ocean view. This place is gorgeous with designer paint colors, hardwood floors, window shutters, newer baseboards attractive lighting. The gourmet kitchen has white cabinets granite counters and tile back splash, stainless appliances. Complete with inside private stacked washer/dryer. Bathroom has been completely remodeled with a walk in shower. There are 2 parking spaces in the gated subterranean garage along with a small storage closet and a bike room. The elevator allows for easy access to the unit. All this and walking distance to Crystal Cove beach, down town shops and restaurants.

Last Agent to Rent the Property

Connie Morris

Seven Gables Real Estate License #00932776 Listed on: 06/14/2021

Seven Gables Real Estate

Last Renter's Agent

Connie Morris

Seven Gables Real Estate License #00932776 Listed on: 06/14/2021

Seven Gables Real Estate

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,350

Year Built

  • Built in 1986

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entryway
  • Living Room with Fireplace
  • Laminate Flooring
  • Peek-A-Boo Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,200
  • 12-Month Minimum Lease Term
  • Available 6/14/21
  • Tax Lot 1
  • Tax Tract Number 12079
  • Assessor Parcel Number 93801101

Community Details

Overview

  • Property has a Home Owners Association
  • 14 Units
  • Canyon Cove Condos Subdivision

Recreation

  • Water Sports
  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Breed Restrictions

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,350

Year Built

Built in 1986

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2021-06-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Canyon Cove Condos (CANC)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93801101
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1000.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.95
  • Room Type: All Bedrooms Down, Entry
  • Bathroom Features: Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Disposal
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 1
  • Tax Tract Number: 12079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Apr 20, 2021
Sold by
Jahansouz Foad and Connolly Maureen R
Bought by
Jahansouz Foad and Connolly Maureen R
Seller's Agent
Lili Luciano
RE/MAX Select One
Buyer's Agent
Connie Morris
Seven Gables Real Estate
List Price
$719,000
Sold Price
$713,000
Premium/Discount to List
-$6,000
-0.83%
Current Estimated Value
$1,181,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$468,010
Avg. Annual Appreciation
11.41%
Original Mortgage
$534,750
Outstanding Balance
$488,366
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$649,915

Purchase Details

Listed on
Mar 10, 2021
Closed on
Mar 30, 2021
Sold by
Lorkowski Robert and Lorkowski Denisse
Bought by
Jahansouz Foad and Connolly Maureen R
Seller's Agent
Lili Luciano
RE/MAX Select One
Buyer's Agent
Connie Morris
Seven Gables Real Estate
List Price
$719,000
Sold Price
$713,000
Premium/Discount to List
-$6,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,750
Outstanding Balance
$488,366
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$649,915

Purchase Details

Listed on
Dec 21, 2020
Closed on
Nov 3, 2020
Sold by
Lorkowski Robert and Lorkowski Denisse
Bought by
Lorkowski Robert and Lorkowski Denisse
Seller's Agent
Yvette Casal
SoCal Heritage Homes
Buyer's Agent
Yvette Casal
SoCal Heritage Homes
Sold Price
$3,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2020
Closed on
Sep 22, 2020
Sold by
Lorkowski Robert and Lorkowski Denisse
Bought by
Lorkowski Robert and Lorkowski Denisse
Seller's Agent
Yvette Casal
SoCal Heritage Homes
Buyer's Agent
Yvette Casal
SoCal Heritage Homes
Sold Price
$3,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2020
Closed on
Jun 22, 2020
Sold by
Russell John O and Russell Paula F
Bought by
Lorkowski Robert and Lorkowski Danise
Seller's Agent
John Russell
Bullock Russell RE Services
Buyer's Agent
Lili Luciano
RE/MAX Select One
List Price
$609,000
Sold Price
$598,000
Premium/Discount to List
-$11,000
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
Original Mortgage
$448,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Russell John O and Russell John
Bought by
Russell John O and Russell Paula F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2015
Sold by
Prietto Miguel P
Bought by
Guzman Sandy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Guzman Sandy O
Bought by
Russell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2011
Sold by
Meyer Philip J and Meyer Karin C
Bought by
Guzman Sandy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,226
Interest Rate
3.93%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2010
Sold by
Meyer Philip and Meyer Karin C
Bought by
Meyer Philip J and Meyer Karin C

Purchase Details

Closed on
Mar 7, 2000
Sold by
Christopher Chandler and Christopher Vanessa
Bought by
Meyer Philip and Meyer Karin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3.95%

Purchase Details

Closed on
Mar 17, 1995
Sold by
American Svgs Bank
Bought by
Chandler Christopher R and Chandler Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
8.81%

Purchase Details

Closed on
Jan 18, 1995
Sold by
American Svgs Bank F A
Bought by
American Svgs Bank F A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
8.81%
Source: Public Records

Range of Values:

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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
Jahansouz Foad -- Lawyers Title
Jahansouz Foad $713,000 Lawyers Title Company
Lorkowski Robert -- First American Title Ins Co
Lorkowski Robert -- Accommodation
Lorkowski Robert $598,000 Fidelity Natl Ttl Orange Cnt
Russell John O -- Pacific Coast Title Company
Guzman Sandy O -- Chicago Title Company
Russell John $595,000 Chicago Title Company
Russell John -- Chicago Title Company
Guzman Sandy O $425,000 Advantage Title Inc
Meyer Philip J -- None Available
Meyer Philip $187,000 Orange Coast Title Company
Chandler Christopher R $161,000 Investors Title Company
American Svgs Bank F A $187,639 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jahansouz Foad $534,750
Previous Owner Lorkowski Robert $454,000
Previous Owner Lorkowski Robert $448,500
Previous Owner Russell John O $542,500
Previous Owner Russell John O $456,000
Previous Owner Russell John $413,000
Previous Owner Guzman Sandy O $432,000
Previous Owner Guzman Sandy O $414,226
Previous Owner Meyer Philip $149,600
Previous Owner Chandler Christopher R $112,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2021 07/11/21 Rented $2,950 0.0% --
07/01/2021 07/01/21 Price Changed $2,950 -7.8% $3 / Sq Ft
06/14/2021 06/14/21 For Rent $3,200 0.0% --
04/21/2021 04/21/21 Sold $713,000 -0.8% $751 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/10/2021 03/10/21 For Sale $719,000 +0.8% $757 / Sq Ft
03/10/2021 03/10/21 Off Market $713,000 -- --
03/10/2021 03/10/21 Price Changed $719,000 +99900.0% $757 / Sq Ft
03/10/2021 03/10/21 For Sale $719 0.0% $1 / Sq Ft
12/29/2020 12/29/20 Rented $3,000 -6.3% --
12/23/2020 12/23/20 Under Contract -- -- --
12/21/2020 12/21/20 For Rent $3,200 +4.9% --
08/24/2020 08/24/20 Rented $3,050 -4.7% --
08/22/2020 08/22/20 Under Contract -- -- --
08/08/2020 08/08/20 Price Changed $3,200 +6.7% $3 / Sq Ft
08/07/2020 08/07/20 For Rent $3,000 0.0% --
07/07/2020 07/07/20 Sold $598,000 0.0% $629 / Sq Ft
05/26/2020 05/26/20 Price Changed $598,000 -1.8% $629 / Sq Ft
05/11/2020 05/11/20 For Sale $609,000 0.0% $641 / Sq Ft
10/31/2017 10/31/17 Rented $2,900 0.0% --
10/24/2017 10/24/17 For Rent $2,900 -9.4% --
04/28/2016 04/28/16 Rented $3,200 0.0% --
04/07/2016 04/07/16 For Rent $3,200 +6.7% --
10/26/2015 10/26/15 Rented $3,000 -6.3% --
10/26/2015 10/26/15 For Rent $3,200 0.0% --
10/20/2015 10/20/15 Off Market $3,200 -- --
09/21/2015 09/21/15 For Rent $3,500 -- --
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 $8,350 $771,773 $648,058 $123,715
2024 $8,350 $756,641 $635,351 $121,290
2023 $8,152 $741,805 $622,893 $118,912
2022 $8,013 $727,260 $610,679 $116,581
2021 $6,652 $598,000 $486,523 $111,477
2020 $7,240 $653,866 $536,292 $117,574
2019 $7,095 $641,046 $525,777 $115,269
2018 $6,956 $628,477 $515,468 $113,009
2017 $6,834 $616,154 $505,360 $110,794
2016 $6,683 $604,073 $495,451 $108,622
2015 $5,060 $454,338 $346,312 $108,026
2014 $4,941 $445,439 $339,529 $105,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21129170

California Regional Multiple Listing Service (CRMLS)

APN: 938-011-01