NOT LISTED FOR SALE

521 1/2 Orchid Ave Unit 1/2 Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $2,610,000 - $2,685,277

2 Beds
2.5 Baths
1,297 Sq Ft
3,541 Sq Ft Lot

Last Sold October 18, 2019

Last sale price $1,675,000 $1,291 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $15,425/month

40 Days on Market

Highlights

  • Rooftop Deck
  • Primary Bedroom Suite
  • City Lights View
  • Harbor View Elementary School Rated A
  • Ocean Side of Freeway
  • Open Floorplan

About This Home

As of October 2019

Newer Nicholson Companies build, located on a corner lot with a captivating, open floorplan. This coastal modern farmhouse style home features: mud room entrance; loggia with stacked masonry fireplace, privacy blinds and built in lounge corner; vaulted ceilings, speakers, skylights and wood flooring throughout; kitchen with quartz counters, ample cabinetry, 6-burner range, built-in appliances, and large island with breakfast bar; dining room to seat many with built in benches; and living rom with copious built-ins and bifold doors to the loggia. Master bedroom replete with significant storage, walk-in closet, distinguished master bath retreat. The private rooftop deck provides retreat to enjoy the ocean breeze. Rare, 3 car parking with direct access. Live the Corona del Mar lifestyle with proximity to renown shopping, exquisite dining, and world-class beaches.

Last Agent to Sell the Property

Casey Lesher

Christie's International R.E. Southern California License #01795953 Listed on: 08/28/2019

Christie's International R.E. Southern California

Last Buyer's Agent

Regan Beegle

Times Real Estate CA License #01736778

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,212

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 3,541

Parking

  • 1 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,297 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Upgraded Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower
  • Linen Closet In Bathroom

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Rooftop Deck
  • Patio
  • Outdoor Fireplace
  • Rain Gutters

Schools

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

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Built by Nicholson Companies

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 186
  • Assessor Parcel Number 93801777

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,212

Year Built

Built in 2016 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 949-702-7047
  • Property Attached: Yes
  • Security: Wired for Alarm System
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93801777
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1297.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1291.44
  • Room Type: Dressing Area, Entry, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: City Lights, Neighborhood
  • Builder Name: Nicholson Companies
  • Patio And Porch Features: Roof Top
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Carport, Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

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

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3540.00
  • Lot Size Acres: 0.0813

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3540.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 1
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 10, 2019
Sold by
Kerslake John R and Kerslake Julie A
Bought by
Mckinley Kathryn S and Kathryn S Mckinley Living Trust
Seller's Agent
Casey Lesher
Christie's International R.E. Southern California
Buyer's Agent
Regan Beegle
Times Real Estate CA
List Price
$1,849,000
Sold Price
$1,675,000
Premium/Discount to List
-$174,000
-9.41%
Current Estimated Value
$2,635,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$960,819
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
May 31, 2016
Sold by
521 Orchid Llc
Bought by
Kerslake John R and Kerslake Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,332,000
Interest Rate
3.54%
Mortgage Type
New Conventional
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
Mckinley Kathryn S $1,675,000 Chicago Title Company
Kerslake John R $1,665,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerslake John R $1,332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $1,675,000 -1.2% $1,291 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $1,695,000 -5.3% $1,307 / Sq Ft
09/26/2019 09/26/19 Price Changed $1,789,500 -3.2% $1,380 / Sq Ft
08/28/2019 08/28/19 For Sale $1,849,000 -- $1,426 / 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 $19,212 $1,831,856 $1,422,455 $409,401
2024 $19,212 $1,795,938 $1,394,564 $401,374
2023 $18,760 $1,760,724 $1,367,220 $393,504
2022 $18,446 $1,726,200 $1,340,411 $385,789
2021 $18,092 $1,692,353 $1,314,128 $378,225
2020 $17,991 $1,675,000 $1,300,653 $374,347
2019 $18,568 $1,732,266 $1,390,840 $341,426
2018 $18,198 $1,698,300 $1,363,568 $334,732
2017 $17,877 $1,665,000 $1,336,831 $328,169
Source: Public Records

Agents Affiliated with this Home

  • Casey Lesher

    Seller's Agent in 2019

    Casey Lesher

    Christie's International R.E. Southern California

    (949) 702-7047

    176 in this area

    324 Total Sales

    Casey Lesher
    Section Image
  • Regan Beegle

    Buyer's Agent in 2019

    Regan Beegle

    Times Real Estate CA

    (949) 836-5480

    4 in this area

    145 Total Sales

    Regan Beegle
    Section Image

  • G

    Buyer Co-Listing Agent in 2019

    George Hanold

    HANOLD PROPERTIES

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19205828

California Regional Multiple Listing Service (CRMLS)

APN: 938-017-77

California Orange County Newport Beach 92625 Corona Del Mar

521 1/2 Orchid Ave Unit 1/2, Newport Beach, CA

This home is located at 521 1/2 Orchid Ave Unit 1/2, Corona Del Mar, CA 92625 since 28 August 2019 and is currently estimated at $2,635,819, approximately $2,032 per square foot. This property was built in 2016. 521 1/2 Orchid Ave Unit 1/2 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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