NOT LISTED FOR SALE

531 Avenida Adobe San Clemente, CA 92672

Southeast San Clemente Neighborhood

Estimated Value: $992,345 - $1,272,000

2 Beds
2 Baths
1,050 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold July 11, 2014

Last sale price $501,000 $477 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $6,504/month

15 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Wood Flooring
  • Concordia Elementary School Rated A
  • Fireplace in Bathroom
  • Mediterranean Architecture

About This Home

As of July 2014

This beautiful single level condo offers great ocean views! Wow. Very private entry walk from street to front door. Large greenbelts on side and rear give a feeling of tranquility and seclusion. Bamboo floors. The private covered rear patio lets you enjoy ocean views and breezes with a crowd. Lots of windows and light. Vaulted ceilings with loft possibilities. Large attached 2 car garage with storage and a long private driveway. Close to Golf, Shopping, and Beaches. Community pools and greenbelts. Low association dues and tax rate. Quiet Hillside location. Imagine the feel of a Maui Vacation renta!

Last Agent to Sell the Property

David Silver-Westrick

Keller Williams OC Coastal Realty License #01004854 Listed on: 03/04/2014

Keller Williams OC Coastal Realty

Co-Listed By

Avarelle Silver-Westrick

Keller Williams OC Coastal Realty License #01005429

Last Buyer's Agent

David Silver-Westrick

Keller Williams OC Coastal Realty License #01004854 Listed on: 03/04/2014

Keller Williams OC Coastal Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 2,614 Sq Ft Lot
  • Level Lot

HOA Fees

  • $253 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 8008
  • Assessor Parcel Number 69016201

Community Details

Overview

  • Presidential Heights Association
  • Plan B

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

HOA Fees

$253 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: President Heights I (PH)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 69016201
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1050.00
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 477.14
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: Catalina, City Lights, Golf Course, Ocean
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 253.00
  • Association Fee Frequency: Monthly
  • Association Name: Presidential Heights
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 2614.00
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 286
  • Number Of Units Total: 286

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 8008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 27, 2014
Sold by
Korobkin David
Bought by
Korobkin David
Seller's Agent
David Silver-Westrick
Keller Williams OC Coastal Realty
Buyer's Agent
David Silver-Westrick
Keller Williams OC Coastal Realty
List Price
$499,000
Sold Price
$501,000
Premium/Discount to List
$2,000
0.4%
Current Estimated Value
$1,134,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$633,336
Avg. Annual Appreciation
7.34%

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 23, 2014
Sold by
Korobkin David
Bought by
Hart Brady J and Schnell Hart Bonnie K
Seller's Agent
David Silver-Westrick
Keller Williams OC Coastal Realty
Buyer's Agent
David Silver-Westrick
Keller Williams OC Coastal Realty
List Price
$499,000
Sold Price
$501,000
Premium/Discount to List
$2,000
0.4%

Purchase Details

Closed on
Apr 10, 2006
Sold by
Korobkin David
Bought by
Korobkin David and The David Korobkin Trust

Purchase Details

Closed on
Dec 20, 2004
Sold by
Korobkin Deborah
Bought by
Korobkin David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Mussachia Caraveo Gina
Bought by
Korobkin David and Korobkin Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.52%

Purchase Details

Closed on
May 3, 2002
Sold by
Bell Olga
Bought by
Mussachia Caraveo Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6%

Purchase Details

Closed on
Dec 11, 1995
Sold by
Bell Ivan B and Bell Olga B
Bought by
Bell Ivan B and Bell Olga B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Korobkin David -- First American Title Company
Hart Brady J $501,000 First American Title
Korobkin David -- None Available
Korobkin David -- Fidelity National Title Co
Korobkin David $370,000 American Title
Mussachia Caraveo Gina $331,000 American Title Co
Bell Ivan B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korobkin David $450,000
Previous Owner Korobkin David $265,000
Previous Owner Mussachia Caraveo Gina $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2014 07/11/14 Sold $501,000 +0.4% $477 / Sq Ft
03/04/2014 03/04/14 For Sale $499,000 -- $475 / 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 $4,535 $455,068 $304,163 $150,905
2024 $4,535 $446,146 $298,199 $147,947
2023 $4,439 $437,399 $292,352 $145,047
2022 $4,355 $428,823 $286,620 $142,203
2021 $4,271 $420,415 $281,000 $139,415
2020 $4,228 $416,105 $278,119 $137,986
2019 $4,145 $407,947 $272,666 $135,281
2018 $4,066 $399,949 $267,320 $132,629
2017 $3,986 $392,107 $262,078 $130,029
2016 $3,910 $384,419 $256,939 $127,480
2015 $5,089 $501,000 $427,369 $73,631
2014 $4,445 $437,143 $360,422 $76,721
Source: Public Records

Agents Affiliated with this Home

  • David Silver-Westrick

    Seller's Agent in 2014

    David Silver-Westrick

    Keller Williams OC Coastal Realty

    (949) 874-0657

    29 Total Sales

    David Silver-Westrick
    Section Image
  • Avarelle Silver-Westrick

    Seller Co-Listing Agent in 2014

    Avarelle Silver-Westrick

    Keller Williams OC Coastal Realty

    (949) 248-1310

    25 Total Sales

    Avarelle Silver-Westrick
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14044706

California Regional Multiple Listing Service (CRMLS)

APN: 690-162-01

California Orange County San Clemente 92672 Southeast San Clemente

531 Avenida Adobe, San Clemente, CA

Not Listed for Sale

Detached

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