R
Seller's Agent in 2024
Robert Razo
Razo Realty Group
(949) 322-6961
1 in this area
8 Total Sales
614 Narcissus Ave Corona Del Mar, CA 92625
Corona Del Mar Neighborhood
3
Beds
2
Baths
1,470
Sq Ft
3,540
Sq Ft Lot
Highlights
- Property is near a park
- Main Floor Bedroom
- No HOA
- Harbor View Elementary School Rated A
- Lawn
- 5-minute walk to Buck Gully Trailhead
About This Home
As of September 2024Prime Development Opportunity in Coveted Corona Del Mar Village. This exceptional property presents a rare opportunity for savy Investors and Developers to craft your dream duplex, perfectly tailored to your specifications and desires. Situated in the highly sought-after Corona Del Mar Village community, this parcel of land beckons with promise and possibility. Immerse yourself in the vibrant energy of this thriving neighborhood, mere moments away from boutique shops, acclaimed dining destinations, and the sun-drenched shores of the beach. Boasting an ideal location, zoned R2 this property serves as the ideal canvas for crafting two distinct living spaces, each reflecting your unique vision and preferences. Whether you envision luxurious modern retreats or timeless coastal abodes, the potential is limitless. This is more than just a development opportunity—it's the chance to bring your vision to life and make your mark in the vibrant fabric of Corona Del Mar Village, one of Southern California's most coveted destinations. Currently the front unit offers 2 bedrooms and 1 bath. Adjacent to the front unit is a cozy back unit, comprising one bedroom and a convenient bathroom. Perfect for accommodating guests, extended family, or generating rental income. Sold As Is, this property presents an excellent opportunity for investors or those seeking to customize their own living space. Back unit is occupied, kindly refrain from disturbing their privacy. Property will be delivered vacant.
Last Agent to Sell the Property
Razo Realty Group Brokerage Phone: 949-322-6961 License #01342084 Listed on: 05/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,663
Year Built
- Built in 1950
Lot Details
- 3,540 Sq Ft Lot
- No Common Walls
- Wood Fence
- Lawn
- Back and Front Yard
- Tear Down
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Duplex
- Cottage
- Entry on the 1st floor
- Fixer Upper
Interior Spaces
- 1,470 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Outdoor Features
- Patio
- Front Porch
Additional Homes
- Two Homes on a Lot
Location
- Property is near a park
- Suburban Location
Schools
- Harbor View Elementary School
- Corona Del Mar High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 2 Units
- Corona Del Mar North Of Pch Subdivision
Listing and Financial Details
- Legal Lot and Block 16 / 641
- Tax Tract Number 186
- Assessor Parcel Number 45907504
- $523 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2024
Sold by
614 Narcissus Partners Llc
Bought by
Mckinley Dove Llc
Current Estimated Value
Purchase Details
Listed on
May 1, 2024
Closed on
Aug 21, 2024
Sold by
Patricia Ann Weddell Trust and Vickery-Petersen Laura L
Bought by
614 Narcissus Partners Llc
Seller's Agent
Robert Razo
Razo Realty Group
Buyer's Agent
Kimberlee Drake
Compass
List Price
$2,900,000
Sold Price
$2,798,000
Premium/Discount to List
-$102,000
-3.52%
Views
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
4.79%
Original Mortgage
$600,000
Interest Rate
6.73%
Purchase Details
Closed on
Mar 15, 2019
Sold by
Weddell Patricia Ann
Bought by
Weddell Patricia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
4.4%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Aug 2, 2007
Sold by
Weddell Patricia Ann
Bought by
Weddell Patricia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,000
Interest Rate
7.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 1, 2002
Sold by
Weddell Patricia Ann
Bought by
Weddell Patricia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,034
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 1995
Sold by
Weddell Patricia Ann
Bought by
Weddell Patricia Ann
Purchase Details
Closed on
Jun 1, 1994
Sold by
Weddell Patricia Ann and Haskell Patricia A
Bought by
Weddell Patricia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.53%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,100,000 | Western Resources Title | |
| Grant Deed | $2,798,000 | Western Resources Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,603,023 | New Conventional | |
| Previous Owner | $600,000 | No Value Available | |
| Previous Owner | $2,098,500 | New Conventional | |
| Previous Owner | $2,850,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $642,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $92,034 | Purchase Money Mortgage | |
| Previous Owner | $55,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2024 09/11/24 | Sold | $2,798,000 | -3.5% | $1,903 / Sq Ft |
| 08/01/2024 08/01/24 | For Sale | $2,900,000 | 0.0% | $1,973 / Sq Ft |
| 07/24/2024 07/24/24 | Pending | -- | -- | -- |
| 07/13/2024 07/13/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | Price Changed | $2,900,000 | -7.9% | $1,973 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $3,150,000 | -- | $2,143 / 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 | $1,663 | $3,100,000 | $3,016,208 | $83,792 |
| 2024 | $1,663 | $113,567 | $69,178 | $44,389 |
| 2023 | $1,617 | $111,341 | $67,822 | $43,519 |
| 2022 | $1,582 | $109,158 | $66,492 | $42,666 |
| 2021 | $1,554 | $107,018 | $65,188 | $41,830 |
| 2020 | $1,537 | $105,921 | $64,519 | $41,402 |
| 2019 | $1,514 | $103,845 | $63,254 | $40,591 |
| 2018 | $1,486 | $101,809 | $62,013 | $39,796 |
| 2017 | $1,461 | $99,813 | $60,797 | $39,016 |
| 2016 | $1,432 | $97,856 | $59,605 | $38,251 |
| 2015 | $1,414 | $96,387 | $58,710 | $37,677 |
| 2014 | $1,381 | $94,499 | $57,560 | $36,939 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Razo
-
Kimberlee Drake
Buyer's Agent in 2024
Kimberlee Drake
Compass
(949) 500-7108
21 in this area
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24082556
APN: 459-075-04
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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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