NOT LISTED FOR SALE

Estimated Value: $3,224,538 - $4,808,000

5 Beds
4 Baths
2,170 Sq Ft
$1,929/Sq Ft Est. Value

Sale Details

Date Sold: January 16, 2020

Last sale price $2,500,000 $1,152 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $24,877 / mo

78 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Living Room with Attached Deck
  • Harbor View Elementary School Rated A
  • Property is near park
  • 1-minute walk to Community Youth Center & Grant Howald Park

About This Home

As of January 2020

Beautiful CDM Duplex – Completely remodeled (2017 -19) with all high-end materials and finishes. Both units feature: Gourmet enthusiast’s kitchens, Fujitsu mini-split heat & AC, Jeld-Wen dual pane windows, roller shades, Fire Glass fireplaces, LED lighting, custom California Closets, 2 car tandem garages with laundry hook-ups, smooth stucco, and no common walls. Additional information per unit: FRONT (719): Single level, 2 bedrooms, 2 bathrooms. Kitchen opens to living room/dining area, and features all Thermador appliances, beautiful quartz counters, and soft-close cabinetry. Master suite features 2 closets, dual vanity, large walk in shower and lighted mirror. Cozy living room fireplace. Tankless water heater. Wood plank tile flooring. La Cantina doors provide large opening to courtyard area. 300 SF front deck. REAR (719 ½): Carriage unit (all living space on 2nd level), 3 bedrooms, 2 bathrooms. The kitchen opens to the living room / dining area, and features Thermador and Bosch appliances, beautiful quartz counters, and soft-close cabinetry. Master suite features large closets, dual vanity, and large walk in shower. Spacious 2nd and 3rd bedrooms. Gorgeous fireplace in living room with built-in cabinet. Oregon Oak luxury SPC flooring. Deck off living room provides 250 SF of outdoor living space. Short walk to Coast Hwy, Grant Howard Park, Jasmine View Park, Harbor View Elementary. 19-min. walk to CDM state beach. Both units leased – please do not disturb tenants.

Last Agent to Sell the Property

Christopher Kenmore

Kenmore Realty Group License #01146873 Listed on: 09/22/2019

Last Buyer's Agent

Heather Kidder

Arbor Real Estate License #01187466

Arbor Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 3,485 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Duplex
  • Turnkey
  • Composition Roof
  • HardiePlank Type
  • Stone Veneer
  • Stucco

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Casement Windows
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Neighborhood Views

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Location

  • Property is near park
  • Suburban Location

Utilities

  • High Efficiency Air Conditioning
  • SEER Rated 16+ Air Conditioning Units
  • Zoned Heating and Cooling
  • High Efficiency Heating System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 19 / 735
  • Tax Tract Number 186
  • Assessor Parcel Number 45904220

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $900
  • Insurance Expense $1,800
  • Water Sewer Expense $900
  • New Taxes Expense $29,860
  • Operating Expense $33,460
  • Gross Income $116,400
  • Net Operating Income $82,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1976 | Remodeled

Lot Details

3,485 Sq Ft Lot

Parking

4

Listing Details

  • Inclusions: 2 Refrigerators, 1 washer, 1 dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar North of PCH (CNHW)
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 45904220
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Built-in Features, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Tandem, Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Door Features: Panel Doors, Sliding Doors
  • Fireplace Features: Living Room, Gas
  • Levels: One, Two
  • Price Per Square Foot: 1152.07
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Suite, Walk-In Closet
  • Window Features: Casement Windows, Double Pane Windows, Screens, Wood Frames

Exterior Features

  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Hardiplank Type, Stone Veneer, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Tandem Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Heating Type: Zoned, Electric, High Efficiency, Fireplace(s)
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned, Electric, High Efficiency, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Park Nearby, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800
  • Latitude Manual: 33.60133900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 116400.00
  • Gross Scheduled Income: 116400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 3485.0000 Square Feet
  • Net Operating Income: 82940.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 33460.00
  • Rent Control: No
  • Total Actual Rent: 9700.00
  • Total Expenses: 33460.00

Tax Info

  • New Taxes Expense: 29860.00
  • Tax Block: 735
  • Tax Census Tract: 627.02
  • Tax Lot: 19
  • Tax Tract Number: 186

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2019
Closed on
Dec 12, 2019
Sold by
Bought by
Seller's Agent
Christopher Kenmore
Kenmore Realty Group
Buyer's Agent
Heather Kidder
Arbor Real Estate
List Price
$2,795,000
Sold Price
$2,500,000
Premium/Discount to List
-$295,000
-10.55%
Current Estimated Value
$4,186,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,686,635
Avg. Annual Appreciation
8.28%
Original Mortgage
$1,750,000
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2012
Closed on
Aug 29, 2012
Sold by
Bought by
Seller's Agent
Marlynn Howe
Surterre Properties Inc.
Buyer's Agent
Alfredo Roybal
Roybal Realty
List Price
$1,499,000
Sold Price
$1,299,000
Premium/Discount to List
-$200,000
-13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
Sep 29, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,500,000 Lawyers Title
$1,299,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,750,000
Closed $533,000
Closed $290,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2020 01/16/20 Sold $2,500,000 -2.9% $1,152 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/25/2019 11/25/19 Price Changed $2,575,000 -7.9% $1,187 / Sq Ft
09/22/2019 09/22/19 For Sale $2,795,000 0.0% $1,288 / Sq Ft
04/06/2018 04/06/18 Rented $4,800 -2.0% --
03/30/2018 03/30/18 Off Market $4,900 -- --
03/20/2018 03/20/18 Price Changed $4,900 -2.0% $5 / Sq Ft
02/11/2018 02/11/18 For Rent $5,000 0.0% --
09/13/2012 09/13/12 Sold $1,299,000 -13.3% $1,179 / Sq Ft View Prior Sale
09/01/2012 09/01/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $1,499,000 -- $1,360 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $28,746 $2,734,114 $2,564,100 $170,014
2024 $28,746 $2,680,504 $2,513,823 $166,681
2023 $28,072 $2,627,946 $2,464,533 $163,413
2022 $27,605 $2,576,418 $2,416,209 $160,209
2021 $27,077 $2,525,900 $2,368,832 $157,068
2020 $15,895 $1,462,651 $1,310,571 $152,080
2019 $15,571 $1,433,972 $1,284,873 $149,099
2018 $15,263 $1,405,855 $1,259,679 $146,176
2017 $14,995 $1,378,290 $1,234,980 $143,310
2016 $14,660 $1,351,265 $1,210,765 $140,500
2015 $14,521 $1,330,968 $1,192,578 $138,390
2014 $14,180 $1,304,897 $1,169,217 $135,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19209751

California Regional Multiple Listing Service (CRMLS)

APN: 459-042-20

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