NOT LISTED FOR SALE

Estimated Value: $4,012,463 - $5,503,000

3 Beds
2.5 Baths
2,636 Sq Ft
$1,824/Sq Ft Est. Value

Last Sold June 05, 2023

Last sale price $3,500,000 $1,328 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $28,375/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Ocean Side of Highway 1
  • Retreat
  • Harbor View Elementary School Rated A
  • Two Way Fireplace
  • 3-minute walk to Begonia Park

About This Home

As of June 2023

Welcome to 514 Carnation, this single-family 3 bedroom, 2.5 bath home is ideally located in the coveted village of Corona Del Mar. With a generous 2636 square feet of living space, this property offers a tremendous opportunity for a Buyer to enjoy as-is or re-imagine and customize to their desired specifications. The spacious main floor provides a flexible floorplan with a bright and airy living room with 2-way fireplace and vaulted ceilings, a large sunny kitchen with wood floors, center island and atrium windows that flood the space with natural light. The main floor also features a generous sized family room with French doors that open to patio, and an office (or game room!) Upstairs, the spacious primary bedroom offers an additional retreat area complete with fireplace an enormous bathroom suite, with walk in closet. Two additional bedrooms and full bath complete the 2nd floor. Important features: A large sunny patio with a built-in bar/bbq, interior laundry room and attached 2-car garage with storage. Close to picturesque beaches, dining, world class shopping and all Corona del Mar village has to offer, don’t miss the opportunity to own a piece of paradise. Love where you live...

Last Agent to Sell the Property

Patricia Presson

Surterre Properties Inc. License #01382806 Listed on: 04/18/2023

Surterre Properties Inc.

Co-Listed By

Janice Arrigo

Surterre Properties Inc. License #01020536

Surterre Properties Inc.

Last Buyer's Agent

Janice Arrigo

Surterre Properties Inc. License #01020536

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,884

Year Built

  • Built in 1985

Lot Details

  • 3,300 Sq Ft Lot
  • Zero Lot Line

Parking

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

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Planned Development

Interior Spaces

  • 2,636 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Two Way Fireplace
  • Gas Fireplace
  • Plantation Shutters
  • Stained Glass
  • Atrium Windows
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Game Room with Fireplace
  • Home Security System
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Ocean Side of Highway 1
  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Suburban Location

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Community Details

  • Property has a Home Owners Association
  • Summer Wind Association
  • Management HOA
  • Corona Del Mar South Of Pch Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 531
  • Tax Tract Number 186
  • Assessor Parcel Number 45901109
  • $369 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,884

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949 466-3839
  • Other Phone Number: 949 4663839
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 45901109
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2636.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Granite Counters, High Ceilings, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen, Dining Room
  • Entry Level: 1
  • Fireplace Features: Game Room, Living Room, Master Retreat, Gas, Two Way
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1327.77
  • Room Type: All Bedrooms Up, Dressing Area, Family Room, Foyer, Game Room, Kitchen, Laundry, Living Room, Master Suite, Office, Retreat, Walk-In Closet
  • Window Features: Atrium, Plantation Shutters, Skylight(s), Stained Glass
  • Bathroom Features: Shower, Double Sinks In Master Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Patio, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Refrigerator, Water Heater
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Summer Wind
  • Phone: 000-000-0000
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban
  • Association Management: Management

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Zero Lot Line
  • Lot Size: 3300
  • Lot Size Sq Ft: 3300.00
  • Lot Size Acres: 0.0758

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3300.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 531
  • Tax Census Tract: 627.01
  • Tax Lot: 16
  • Tax Tract: 186
  • Tax Tract Number: 186
  • TaxOtherAnnualAssessmentAmount: 368.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 3, 2023
Sold by
Marital Deduction Trust
Bought by
Evie Boo Trust
Seller's Agent
Patricia Presson
Surterre Properties Inc.
Buyer's Agent
Janice Arrigo
Surterre Properties Inc.
List Price
$3,395,000
Sold Price
$3,500,000
Premium/Discount to List
$105,000
3.09%
Views
23
Current Estimated Value
$4,808,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,308,366
Avg. Annual Appreciation
14.15%
Original Mortgage
$1,500,000
Outstanding Balance
$1,458,291
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$3,350,075

Purchase Details

Closed on
Oct 15, 2012
Sold by
Lorig Phyllis
Bought by
Lorig Phyllis and Marital Deduction Trust

Purchase Details

Closed on
Nov 9, 2000
Sold by
Kurt Lorig and Kurt Phyllis Lorig
Bought by
Lorig Kurt and Lorig Phyllis

Purchase Details

Closed on
Apr 7, 2000
Sold by
Lorig Kurt and Lorig Phyllis
Bought by
Lorig Kurt and Lorig Phyllis
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
Evie Boo Trust $3,500,000 Lawyers Title Company
Lorig Phyllis -- None Available
Lorig Kurt -- --
Lorig Kurt -- Orange Coast Title Companies
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evie Boo Trust $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2023 06/05/23 Sold $3,500,000 +3.1% $1,328 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $3,395,000 -- $1,288 / 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 $37,884 $3,641,400 $3,291,053 $350,347
2024 $37,884 $3,570,000 $3,226,522 $343,478
2023 $34,974 $3,300,000 $3,000,000 $300,000
2022 $8,368 $767,512 $473,899 $293,613
2021 $8,207 $752,463 $464,607 $287,856
2020 $8,128 $744,748 $459,843 $284,905
2019 $7,963 $730,146 $450,827 $279,319
2018 $7,805 $715,830 $441,987 $273,843
2017 $7,666 $701,795 $433,321 $268,474
2016 $7,495 $688,035 $424,825 $263,210
2015 $7,422 $677,701 $418,444 $259,257
2014 $7,246 $664,426 $410,247 $254,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23059171

California Regional Multiple Listing Service (CRMLS)

APN: 459-011-09