NOT LISTED FOR SALE

Estimated Value: $1,436,772 - $1,670,000

2 Beds
1 Bath
816 Sq Ft
1954 Built

Last Sold September 05, 2019

Last sale price $1,000,000 $1,225 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $9,320/month

10 Days on Market

Highlights

  • Ocean Side of Highway 1
  • Deck
  • Wood Flooring
  • Harbor View Elementary School Rated A
  • Property is near a park
  • 3-minute walk to Begonia Park

About This Home

As of September 2019

This detached, two-bedroom condo is situated in a secluded, prime location, on the south side of PCH–within walking distance to the beach, Begonia Park and all the shops and restaurants the Village has to offer. Extremely rare to rear units, this home offers an air-conditioning system, private entrance and a 2 car garage. With all living spaces on one level, the gourmet kitchen boasts granite countertops, ample cabinetry and stainless-steel appliances alongside an eating bar overlooking the large entertaining deck, equipped with gas and electric outlets. Additional enhancements include wood flooring throughout, double-paned windows, newer electrical and plumbing, and a lifetime warranty composition roof. Live the Village lifestyle with quick and convenient access to all the amenities that Corona del Mar has to offer: beaches, restaurant, shops, parks, Oasis Senior Center and Fashion Island.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 07/26/2019

Christie's International R.E. Southern California

Last Buyer's Agent

Christine LaLonde

Sage Realty License #02093435

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,545

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • Property fronts an alley
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage

Home Design

  • Turnkey
  • Interior Block Wall

Interior Spaces

  • 816 Sq Ft Home
  • Built-In Features
  • Bar
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Patio

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 186
  • Assessor Parcel Number 93801603

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,545

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 949-702-7047
  • Property Attached: No
  • Road Frontage Type: Alley
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: No
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93801603
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 816.00 Square Feet
  • Interior Amenities: Balcony, Bar, Block Walls, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, Storage
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1225.49
  • Room Type: Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Private, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Water Line to Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2022
Sold by
Borgognone Sergio L and Borgognone Shelley L
Bought by
Shaban Omar
Current Estimated Value
$1,544,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$847,500
Outstanding Balance
$786,968
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$757,975

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 13, 2019
Sold by
Borgognone Sergio
Bought by
Borgognone Sergio and Borgognone Shelley L
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Christine LaLonde
Sage Realty
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$600,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 23, 2019
Sold by
Borgognone Shelley L
Bought by
Borgognone Sergio
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Christine LaLonde
Sage Realty
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2019
Closed on
Aug 6, 2019
Sold by
Grombacher Eric M and Zucha Kelly L
Bought by
Borgognone Sergio
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Christine LaLonde
Sage Realty
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 11, 2016
Sold by
Thornton Michael Norgrave and Thornton Jacqueline Dietrick
Bought by
Grombacher Eric M and Zucha Kelly L
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Gary Hunter
Cal West RE Solutions
List Price
$839,000
Sold Price
$837,000
Premium/Discount to List
-$2,000
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$669,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2007
Sold by
Thornton Michael Norgrave and Thornton Jacqueline Dietrick
Bought by
Thornton Michael Norgrave and Thornton Jacqueline Dietrick
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
Shaban Omar $1,130,000 Chicago Title
Borgognone Sergio -- None Available
Borgognone Sergio -- Chicago Title Company
Borgognone Sergio $1,000,000 Chicago Title Company
Grombacher Eric M $837,000 Lawyers Title
Thornton Michael Norgrave -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaban Omar $847,500
Previous Owner Borgognone Sergio $600,000
Previous Owner Borgognone Sergio $50,000
Previous Owner Grombacher Eric M $669,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2019 09/05/19 Sold $1,000,000 -4.7% $1,225 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $1,049,000 +25.3% $1,286 / Sq Ft
07/25/2016 07/25/16 Sold $837,000 -0.2% $1,026 / Sq Ft View Prior Sale
06/15/2016 06/15/16 For Sale $839,000 -- $1,028 / 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 $13,545 $1,199,165 $1,143,361 $55,804
2024 $13,545 $1,175,652 $1,120,942 $54,710
2023 $13,238 $1,152,600 $1,098,962 $53,638
2022 $12,001 $1,030,567 $978,967 $51,600
2021 $11,769 $1,010,360 $959,771 $50,589
2020 $11,653 $1,000,000 $949,929 $50,071
2019 $10,287 $870,814 $823,479 $47,335
2018 $10,175 $853,740 $807,333 $46,407
2017 $9,159 $837,000 $791,502 $45,498
2016 $4,454 $391,703 $326,947 $64,756
2015 $4,411 $385,820 $322,036 $63,784
2014 $4,308 $378,263 $315,728 $62,535
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19178697

California Regional Multiple Listing Service (CRMLS)

APN: 938-016-03