NOT LISTED FOR SALE

Estimated Value: $3,300,000 - $3,539,319

4 Beds
4 Baths
2,019 Sq Ft
2017 Built

Last Sold August 30, 2017

Last sale price $2,490,000 $1,233 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $21,045/month

12 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • Harbor View Elementary School Rated A
  • Custom Home
  • Fireplace in Primary Bedroom

About This Home

As of August 2017

Incredible income opportunity. The smart way to own a second home. Stunning 4 bedroom/4 Bath Home located on the ocean side of PCH in the beautiful village of Corona Del Mar. This gorgeous newly reconstructed front unit pairs Organic Contemporary design with modern amenities thoughtfully selected for a buyer with distinguished taste. An open and inviting great room includes gorgeous wide-panel French oak wood flooring, Custom Artisan Steel Folding Glass Doors leading to a relaxing front patio. Chefs dream kitchen featuring a large stunning Calcutta marble island with breakfast bar complete with custom cabinetry and all Viking appliances. In addition to three spacious additional bedrooms, the master retreat features a private balcony, walk in closet, and a lavish master bathroom complete with soaking tub, stone rainshower, and dual vanities. Entertaining is a breeze with an abundance of outdoor living spaces, including a large front patio with firepit and seating area, and a rooftop deck with ocean views. Beautiful craftmanship in all the custom tile work and reclaimed wood accents and living plant wall. This home is a must see. Furnishings included in the price. Located near Fashion Island, shops and restaurants, and the beach, this home is the perfect environment for a tranquil, coastal lifestyle.

Last Agent to Sell the Property

Leah Alperin

Alta Realty Group CA, Inc. License #01993098 Listed on: 08/09/2017

Alta Realty Group CA, Inc.

Last Buyer's Agent

Lisa Hoover

First Team Real Estate License #01891179

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $29,615

Year Built

  • Built in 2017

Lot Details

  • 1 Common Wall
  • Front Yard Sprinklers

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available

Home Design

  • Custom Home
  • Contemporary Architecture
  • Concrete Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,019 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Wired For Sound
  • Wired For Data
  • High Ceiling
  • Two Way Fireplace
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Electric Fireplace
  • Double Door Entry
  • French Doors
  • Living Room with Fireplace
  • Ocean Views
  • Alarm System

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Six Burner Stove
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Fire Pit

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Kitchen
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 938
  • Tax Tract Number 12
  • Assessor Parcel Number 93801249

Community Details

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Insurance Expense $1,000
  • Water Sewer Expense $1,000
  • Operating Expense $5,000
  • Gross Income $170,000
  • Net Operating Income $170,000

Additional Features

  • Property has a Home Owners Association
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$29,615

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Inclusions: All interior and exterior furnishings, linens, and accessories
  • Other Phone Description: 949-391-4001
  • Other Phone Number: 3104032474
  • Property Attached: Yes
  • Security: Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Water Sewer Expenses: 1000.00
  • Architectural Style: Contemporary, Custom Built
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 93801249
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Copper Plumbing Full, Furnished, High Ceilings, Open Floorplan, Pantry, Wired for Data, Wired for Sound
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Door Features: Double Door Entry, French Doors
  • Fireplace Features: Bath, Living Room, Master Bedroom, Patio, Electric, Gas Starter, Fire Pit, See Through, Two Way
  • Levels: Three Or More
  • Price Per Square Foot: 1233.28
  • Room Type: Jack & Jill, Kitchen, Master Bathroom, Master Suite, Walk-In Pantry

Exterior Features

  • View: Ocean
  • Fence: No
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Electric Oven, Free-Standing Range, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Sprinklers In Front, Walkstreet
  • Lot Size Sq Ft: 3540.00

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 170000.00
  • Gross Scheduled Income: 175000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 170000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Number With Dishwasher: 1
  • Number With Patio: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 5000.00

Tax Info

  • Tax Census Tract: 627.01
  • Tax Lot: 938
  • Tax Tract Number: 012-49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Aug 23, 2017
Sold by
Alperin Leah and Mar Corona Del
Bought by
Gardiner Joshua and Gardiner Christine
Seller's Agent
Leah Alperin
Alta Realty Group CA, Inc.
Buyer's Agent
Lisa Hoover
First Team Real Estate
List Price
$2,540,000
Sold Price
$2,490,000
Premium/Discount to List
-$50,000
-1.97%
Current Estimated Value
$3,409,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,440
Avg. Annual Appreciation
3.43%

Purchase Details

Listed on
Aug 31, 2016
Closed on
Feb 27, 2017
Sold by
Krupoff Jason B
Bought by
Alperin Leah
Seller's Agent
Kevin Smith
Surterre Properties Inc.
Buyer's Agent
Roger Rydman
Home & Castle Realty
List Price
$2,195,000
Sold Price
$1,850,000
Premium/Discount to List
-$345,000
-15.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.16%
Original Mortgage
$185,000
Interest Rate
4.19%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 23, 2011
Closed on
Nov 8, 2011
Sold by
Krupoff Jason B
Bought by
Krupoff Jason B and Jbk Separate Property Trust
Seller's Agent
Jennifer Benshoof
Arbor Real Estate
Buyer's Agent
Bob Walz
New Dimension Investment Prop
List Price
$1,239,000
Sold Price
$1,000,000
Premium/Discount to List
-$239,000
-19.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
Apr 30, 2010
Sold by
Gronna Douglas E
Bought by
Krupoff Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2009
Sold by
705 Acacia Llc
Bought by
Gronna Douglas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 15, 2009
Sold by
Gronna Deborah D
Bought by
Gronna Douglas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 6, 2005
Sold by
Lee Donald Gregory
Bought by
705 Acacia Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Jlm Partners Llc
Bought by
Lee Donald Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,712,000
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 22, 2005
Sold by
John Martin Inc
Bought by
Jlm Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,712,000
Interest Rate
5.65%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2003
Sold by
Sci Companies Llc
Bought by
Martin John R and Martin Leilani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2002
Sold by
Yee Kam Foy and Yee Siu Loong
Bought by
Shaves Brett M and Calacci Garrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.11%
Source: Public Records

Range of Values:

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Average Value
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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
Gardiner Joshua $2,490,000 Wfg National Title
Alperin Leah $1,850,000 Wfg National Title
Krupoff Jason B -- None Available
Krupoff Jason $1,252,000 Lawyers Title
Gronna Douglas E -- Landamerica
Gronna Douglas E -- Lawyers Title
705 Acacia Llc $7,000 --
Lee Donald Gregory $1,450,000 Southland Title Corporation
Jlm Partners Llc -- Southland Title Corporation
Martin John R -- Orange Coast Title
Shaves Brett M -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Apperin Leah $185,000
Previous Owner Alperin Leah $1,387,500
Previous Owner Krupoff Jason $550,000
Previous Owner Krupoff Jason B $388,000
Previous Owner Krupoff Jason B $390,000
Previous Owner Krupoff Jason $417,000
Previous Owner Krupoff Jason $417,000
Previous Owner Krupoff Jason $417,000
Previous Owner Gronna Douglas E $725,000
Previous Owner Lee Donald Gregory $1,712,000
Previous Owner John Martin Inc $95,000
Previous Owner Martin John R $612,500
Previous Owner Shaves Brett M $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2017 08/30/17 Sold $2,490,000 -2.0% $1,233 / Sq Ft
08/09/2017 08/09/17 For Sale $2,540,000 +37.3% $1,258 / Sq Ft
02/28/2017 02/28/17 Sold $1,850,000 -7.3% $1,003 / Sq Ft
10/11/2016 10/11/16 Price Changed $1,995,000 -9.1% $1,081 / Sq Ft
08/31/2016 08/31/16 For Sale $2,195,000 +109.0% $1,190 / Sq Ft
05/24/2012 05/24/12 Sold $1,050,000 -8.7% $738 / Sq Ft
03/30/2012 03/30/12 For Sale $1,150,000 +15.0% $808 / Sq Ft
01/05/2012 01/05/12 Sold $1,000,000 -11.4% $690 / Sq Ft
11/08/2011 11/08/11 Price Changed $1,129,000 -4.2% $779 / Sq Ft
10/20/2011 10/20/11 Price Changed $1,179,000 -4.8% $813 / Sq Ft
09/23/2011 09/23/11 For Sale $1,239,000 -- $854 / 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 $29,615 $2,833,192 $2,298,537 $534,655
2024 $29,615 $2,777,640 $2,253,468 $524,172
2023 $28,922 $2,723,177 $2,209,282 $513,895
2022 $28,444 $2,669,782 $2,165,963 $503,819
2021 $27,899 $2,617,434 $2,123,493 $493,941
2020 $27,631 $2,590,596 $2,101,719 $488,877
2019 $27,057 $2,539,800 $2,060,508 $479,292
2018 $26,518 $2,490,000 $2,020,105 $469,895
2017 $14,929 $1,392,047 $1,026,285 $365,762
2016 $14,594 $1,364,752 $1,006,161 $358,591
2015 $14,455 $1,344,253 $991,048 $353,205
2014 $14,113 $1,317,921 $971,634 $346,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17183895

California Regional Multiple Listing Service (CRMLS)

APN: 938-012-49