Seller's Agent in 2024
Carissa Fetters
Veranda Realty
(949) 525-3221
1 in this area
25 Total Sales
53 Montecito Dr Corona Del Mar, CA 92625
Spyglass Hill NeighborhoodEstimated Value: $6,250,000 - $8,395,000
3
Beds
3.5
Baths
5,040
Sq Ft
$1,426/Sq Ft
Est. Value
Highlights
- Ocean View
- Private Pool
- Fireplace in Primary Bedroom
- Abraham Lincoln Elementary School Rated A
- Primary Bedroom Suite
- Cathedral Ceiling
About This Home
As of March 2024Spy Glass Hill custom estate featuring 5040 sq. ft. on a rare 15,740 sq. ft. corner lot with gorgeous panoramic views of Newport Coast, the harbor, and the mountains to the east. Original home underwent an addition adding a second larger primary bedroom on 2nd level and updating the kitchen. Open floorpan features 2 story grand foyer and spacious great room with adjacent dining room. Multiple sliding doors open the home up to the west to capture stunning ocean views and majestic sunsets. Chef's kitchen features Viking/Sub Zero appliances, island with prep sink, and sun drenched dining nook with corner windows to enjoy the views. Opulent family room/den has built in bar, separate wet bar, marble fireplace, and custom wood work throughout while opening to the pool and spa for indoor/outdoor entertaining. Spacious yard features a southwest facing pool, BBQ island, louvered patio area, and stone fireplace. Expansive primary suite on 2nd level has large picture windows to capture the view; also features a spacious siting room, fireplace, oversized walk-in closet and large balcony. Formal office with built-in desk opens to balcony as well. Home has 2nd kitchen that would make perfect in-law suite or 1 bed studio. Remodel or re-imagine this truly one of kind property in one of the most desirable neighborhoods. Wonderful location near Fashion Island, Newport harbor, shops and dining.
Last Agent to Sell the Property
Veranda Realty Brokerage Phone: 949-525-3221 License #01526457 Listed on: 11/05/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1973
Lot Details
- 0.36 Acre Lot
- Corner Lot
HOA Fees
- $192 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Three Garage Doors
Property Views
- Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- Mountain
Home Design
- Entry on the 1st floor
- Planned Development
Interior Spaces
- 5,040 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Bar
- Crown Molding
- Coffered Ceiling
- Cathedral Ceiling
- Bay Window
- Entrance Foyer
- Great Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Den with Fireplace
- Bonus Room
- Game Room
- Home Security System
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Double Oven
- Gas Oven
- Six Burner Stove
- Free-Standing Range
- Range Hood
- Warming Drawer
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
- Utility Sink
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathroom on Main Level
- Dual Vanity Sinks in Primary Bathroom
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Covered Patio or Porch
- Outdoor Fireplace
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 59
- Tax Tract Number 7844
- Assessor Parcel Number 46101215
- $369 per year additional tax assessments
Community Details
Overview
- Spyglass Hill Community Association, Phone Number (714) 634-0611
- Spyglass Hill Community HOA
- Spyglass Hill Subdivision
Amenities
- Picnic Area
Recreation
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2023
Closed on
Feb 16, 2024
Sold by
Schubert Family Trust
Bought by
Hecht Ben and Hecht Diane Patricia
Seller's Agent
Carissa Fetters
Veranda Realty
Buyer's Agent
Ben Hecht
BD Realty
List Price
$5,899,000
Sold Price
$5,370,000
Premium/Discount to List
-$529,000
-8.97%
Views
254
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816,552
Avg. Annual Appreciation
18.34%
Original Mortgage
$1,500,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2009
Sold by
Schubert William Jerome and Schubert Margaret Anne
Bought by
Schubert William Jerome and Schubert Margaret Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2004
Sold by
Schubert William Jerome and Schubert Margaret Anne
Bought by
Schubert William Jerome and Schubert Margaret Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
5.57%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hecht Ben | $5,370,000 | Chicago Title Company | |
| Hecht Ben | $5,370,000 | Chicago Title Company | |
| Schubert William Jerome | -- | First American Title Company | |
| Schubert William Jerome | -- | United Title Co San Diego |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Hecht Ben | $1,500,000 | |
| Previous Owner | Schubert William Jerome | $550,000 | |
| Previous Owner | Schubert William Jerome | $990,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $5,370,000 | 0.0% | $1,065 / Sq Ft |
| 02/13/2024 02/13/24 | Pending | -- | -- | -- |
| 02/08/2024 02/08/24 | Off Market | $5,370,000 | -- | -- |
| 01/27/2024 01/27/24 | For Sale | $5,899,000 | +9.9% | $1,170 / Sq Ft |
| 01/22/2024 01/22/24 | Off Market | $5,370,000 | -- | -- |
| 01/10/2024 01/10/24 | For Sale | $5,899,000 | +9.9% | $1,170 / Sq Ft |
| 12/11/2023 12/11/23 | Off Market | $5,370,000 | -- | -- |
| 11/05/2023 11/05/23 | For Sale | $6,100,000 | -- | $1,210 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $56,897 | $5,477,400 | $4,542,377 | $935,023 |
| 2024 | $56,897 | $5,370,000 | $4,453,310 | $916,690 |
| 2023 | $14,360 | $1,340,549 | $710,964 | $629,585 |
| 2022 | $14,118 | $1,314,264 | $697,023 | $617,241 |
| 2021 | $13,847 | $1,288,495 | $683,356 | $605,139 |
| 2020 | $13,713 | $1,275,284 | $676,349 | $598,935 |
| 2019 | $13,431 | $1,250,279 | $663,087 | $587,192 |
| 2018 | $13,163 | $1,225,764 | $650,085 | $575,679 |
| 2017 | $12,930 | $1,201,730 | $637,338 | $564,392 |
| 2016 | $12,639 | $1,178,167 | $624,841 | $553,326 |
| 2015 | $12,518 | $1,160,470 | $615,455 | $545,015 |
| 2014 | $12,222 | $1,137,738 | $603,399 | $534,339 |
Source: Public Records
Agents Affiliated with this Home
-
Carissa Fetters
-
Ben Hecht
B
Buyer's Agent in 2024
Ben Hecht
BD Realty
(310) 867-3056
1 in this area
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23203697
APN: 461-012-15
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