NOT LISTED FOR SALE

Estimated Value: $3,382,000 - $4,900,000

4 Beds
3 Baths
2,490 Sq Ft
$1,643/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $3,145,000 $1,263 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $25,259/month

4 Days on Market

Highlights

  • Beach Access
  • Above Ground Spa
  • Updated Kitchen
  • Harbor View Elementary School Rated A
  • Ocean Side of Highway 1
  • Wood Flooring

About This Home

As of March 2021

Prepare to be wowed by this gorgeous, soft-contemporary duplex located on a sunny corner lot. Designed for entertaining and to enjoy the Corona del Mar lifestyle, this home has it all. Both units were completely remodeled in 2018, taken down to the studs, including new electrical, plumbing, and roof. The front unit is a single story, open living concept with approximately 1500 sq ft, 2 beds and 2 baths. There is plenty of outdoor space, a rarity in The Village. Enjoy a spacious front courtyard in addition to a very private interior courtyard with a jacuzzi. All but one room in the front unit opens to the outdoors. The custom kitchen is fitted with granite countertops with a waterfall edge, subway tile backsplash, self-closing cupboards and drawers by the push of a button, a full-size wine fridge, and bar seating. The charming back unit is 2 beds, 1 bath, approximately 900 sq ft and is permitted for use as an Airbnb with several repeat visitors. Additional amenities include skylights for plenty of natural light, high-end finishes and fixtures, 9-inch engineered wood plank flooring, 2-car garage, not to mention, the home is completely wired for Bose, including the patio. Located on the ocean side of PCH, within walking distance to the beach, shopping, and world class dining in the Village of CDM!

Last Agent to Sell the Property

Adrienne Brandes

Surterre Properties Inc. License #01337636 Listed on: 11/06/2020

Surterre Properties Inc.

Last Buyer's Agent

Brenda McCroskey

Compass License #01869273

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,659

Year Built

  • Built in 2018 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Duplex

Interior Spaces

  • 2,490 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Above Ground Spa
  • Beach Access
  • Ocean Side of Highway 1
  • Enclosed Patio or Porch

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units
  • Corona Del Mar South Of Pch Subdivision

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 682
  • Assessor Parcel Number 45908419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,659

Year Built

Built in 2018 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: No
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 45908419
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2490.00 Square Feet
  • Interior Amenities: Granite Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1263.05
  • Room Type: Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Private, Above Ground
  • Bathroom Features: Shower, Closet In Bathroom, Double Sinks In Master Bath, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Refrigerator
  • Laundry Features: In Closet, In Garage
  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 73
  • Tax Tract Number: 682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Centaurus Property And Investment Llc
Bought by
Hoeffliger Melvin J and Hoeffliger Betty Don
Current Estimated Value
$4,090,235

Purchase Details

Closed on
Jan 10, 2020
Sold by
Derobbio Joseph Anthony
Bought by
Centaurus Property And Investment Llc

Purchase Details

Closed on
Jun 26, 2017
Sold by
Centaurus Property And Investment Llc
Bought by
Derobblo Joseph Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,557,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2015
Sold by
Farney Gary R and Farney Donna L
Bought by
Centaurus Property & Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,687,500
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2011
Sold by
Farney Gary R and Farney Donna L
Bought by
Farney Gary R and Farney Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Farney Gary R and Farney Donna L
Bought by
Farney Gary R and Farney Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2001
Sold by
Farney Gary R and Farney Donna L
Bought by
Farney Gary R and Farney Donna L
Source: Public Records

Range of Values:

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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
Hoeffliger Melvin J $3,145,000 First Amer Ttl Co Res Div
Centaurus Property And Investment Llc -- None Available
Derobblo Joseph Anthony -- First American Title Company
Centaurus Property & Investment Llc $2,250,000 California Title Company
Farney Gary R -- Stewart Title Riverside
Farney Gary R -- Stewart Title Riverside
Farney Gary R -- Stewart Title Guaranty
Farney Gary R -- Stewart Title Guaranty
Farney Gary R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derobbio Joseph Anthony $670,000
Previous Owner Derobblo Joseph Anthony $1,557,600
Previous Owner Centaurus Property & Investment Llc $1,687,500
Previous Owner Farney Gary R $634,000
Previous Owner Farney Gary R $650,000
Previous Owner Farney Gary R $314,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $3,145,000 0.0% $1,263 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $3,145,000 +39.8% $1,263 / Sq Ft
11/13/2015 11/13/15 Sold $2,250,000 +2.3% $3,378 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $2,199,000 0.0% $3,302 / Sq Ft
11/02/2014 11/02/14 Rented $2,200 -4.3% --
11/02/2014 11/02/14 For Rent $2,300 -39.5% --
08/15/2013 08/15/13 Rented $3,800 0.0% --
07/14/2013 07/14/13 Under Contract -- -- --
06/01/2013 06/01/13 For Rent $3,800 +81.0% --
09/28/2012 09/28/12 Rented $2,100 0.0% --
09/26/2012 09/26/12 Under Contract -- -- --
08/17/2012 08/17/12 For Rent $2,100 -44.7% --
05/25/2012 05/25/12 Rented $3,800 0.0% --
05/25/2012 05/25/12 Under Contract -- -- --
05/15/2012 05/15/12 For Rent $3,800 -- --
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 $35,659 $3,404,248 $3,232,150 $172,098
2024 $35,659 $3,337,499 $3,168,775 $168,724
2023 $34,824 $2,910,000 $2,747,827 $162,173
2022 $34,247 $3,207,900 $3,045,727 $162,173
2021 $26,391 $2,460,703 $2,302,991 $157,712
2020 $26,138 $2,435,472 $2,279,377 $156,095
2019 $25,598 $2,387,718 $2,234,683 $153,035
2018 $25,089 $2,340,900 $2,190,865 $150,035
2017 $24,646 $2,295,000 $2,147,906 $147,094
2016 $24,093 $2,250,000 $2,105,790 $144,210
2015 $9,091 $816,609 $644,234 $172,375
2014 $8,878 $800,613 $631,614 $168,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20232276

California Regional Multiple Listing Service (CRMLS)

APN: 459-084-19