NOT LISTED FOR SALE

Estimated Value: $1,800,000 - $1,976,080

2 Beds
2 Baths
995 Sq Ft
$641/mo HOA Fee

Last Sold April 28, 2023

Last sale price $1,700,000 $1,709 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,388/month

15 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Abraham Lincoln Elementary School Rated A
  • Ocean Side of Highway 1
  • Heated Floor in Bathroom

About This Home

As of April 2023

The effortless glam of mid-century Palm Springs comes to Corona del Mar in this chic remodeled condo in the mid-century community of Sandcastle. Designed with impeccable style, this turnkey 2-bedroom, 2-bathroom pied-à-terre offers 995 s.f. +/-, with a flexible floor plan that maximizes space. A sleek kitchen is filled with exquisite newer upgrades that include Bosch appliances, with shimmering surfaces showcasing polished appeal, and soft-close cabinets providing expansive storage that ensures every item is stored out of sight. Enjoy a glass of wine from the wine refrigerator, connect with friends at a luxe island with bar seating, or whip up complex culinary masterpieces with an induction range that offers precision cooking. The open living room is a social space where a statement fireplace adds eye-catching appeal, and built-in audio creates relaxed ambiance. Indoors and out blend seamlessly, with sliding doors that whisk out of sight, and heated limestone floors that extend to a loggia that feels like a luxe cabana, with on-trend lighting, and a wall of faux greenery. A sun-drenched patio is lined with meticulous hedges, with a calming water feature creating a Zen-like atmosphere, and a sculptural fire pit dancing with warming flames. This resort style space also directly links to the primary bedroom, where an oversized floor-to-ceiling screen and projector provide theater quality viewing, and dual closets include a walk-in with custom storage. The ensuite is swathed in stunning finishes, and offers a massive steam shower, LED mirrors, dual walnut vanities, and a premium commode. A junior suite pulls double-duty as an office, with built-in cabinets offering a Murphy bed that creates a flexible sleeping space; an ensuite here has custom tile and a rain shower head. Additional amenities include heated floors throughout, thermostats in each room, newer electrical & plumbing, timed irrigation, entire unit has noise-dampening insulation, and smart home tech. The Sandcastle community, with its effortless retro style and poolside vibes, evokes images of tropical drinks and endless summers, while a spectacular location that puts residents at the center of beach living, offering convenient walkability to sandy beaches, shopping & dining. In addition, this home has access to a private pool, spa & BBQ area, as well as 2 dedicated parking spaces, deeded storage, and a stellar location that offers residents ultra-convenient access to CDM Plaza, and Fashion Island.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 03/01/2023

Pacific Sotheby's Int'l Realty

Co-Listed By

Cindi Rogan

Pacific Sotheby's International Realty License #01171455

Last Buyer's Agent

Robert Pfeif

Pfeif Group, Inc. License #01292044

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,634

Year Built

  • Built in 1965 | Remodeled

HOA Fees

  • $641 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 995 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Stone Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms
  • Heated Floor in Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Enclosed Patio or Porch
  • Fire Pit

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Additional Features

  • Two or More Common Walls
  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10274
  • Assessor Parcel Number 93717007
  • $364 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 45 Units
  • Sandcastle HOA, Phone Number (949) 372-4032
  • Powerstone Mgmt HOA
  • Sandcastle Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,634

Year Built

Built in 1965 | Remodeled

Lot Details

0

HOA Fees

$641 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Subdivision Name Other: Sandcastle (SAND)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93717007
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 995.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Stone Counters, Storage, Wired for Sound
  • Common Walls: 2+ Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Living Room, Fire Pit
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1708.54
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Community, Heated, In Ground
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Heated Floor, Quartz Counters, Remodeled, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Covered, Enclosed, Patio, Patio Open, Rear Porch, Slab
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Refrigerator
  • Heating Type: Fireplace(s)
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Maintenance Grounds, Trash, Water, Maintenance Front Yard
  • Association Fee: 640.61
  • Association Fee Frequency: Monthly
  • Association Name: Sandcastle HOA
  • Phone: 949.372.4032
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Powerstone Mgmt

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 45
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10274
  • TaxOtherAnnualAssessmentAmount: 364.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 13, 2023
Sold by
Nelson Eric and Nelson Mark
Bought by
Velardi Steven M and Velardi Saniya Mussanova
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Robert Pfeif
Pfeif Group, Inc.
List Price
$1,799,000
Sold Price
$1,700,000
Premium/Discount to List
-$99,000
-5.5%
Views
40
Current Estimated Value
$1,885,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,520
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,100,000
Outstanding Balance
$1,070,279
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$873,505

Purchase Details

Closed on
Dec 5, 2022
Sold by
Scheppele James M
Bought by
Troxell Family Trust

Purchase Details

Closed on
Dec 15, 2020
Sold by
Beard Benjamin and Kennedy Lance
Bought by
Nelson Eric and Hackbarth Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2017
Sold by
Kennedy Lance B and Beard Benjamin D
Bought by
Beard Benjamin and Kennedy Lance

Purchase Details

Closed on
May 21, 2015
Sold by
Cochran Janeen A and Cochran Peter J
Bought by
Kennedy Lance B and Murrieta Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2012
Sold by
Cochran Janeen A and Denton Janeen
Bought by
Cochran Janeen A and Cochran Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2012
Sold by
Cochran Janeen A
Bought by
Cochran Janeen A and Cochran Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Denton Janeen
Bought by
Cochran Janeen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2000
Sold by
Crosby Joseph R
Bought by
Denton Janeen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.95%
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
Velardi Steven M $1,700,000 Chicago Title Company
Troxell Family Trust $1,155,000 Chicago Title
Nelson Eric $1,250,000 Chicago Title Company
Beard Benjamin -- None Available
Kennedy Lance B $740,000 Orange Coast Title Co Socal
Cochran Janeen A -- First American Title Company
Cochran Janeen A -- None Available
Cochran Janeen A -- None Available
Denton Janeen $296,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velardi Steven M $1,100,000
Previous Owner Nelson Eric $1,000,000
Previous Owner Beard Benjanin $702,000
Previous Owner Kennedy Lance B $124,500
Previous Owner Kennedy Lance B $625,500
Previous Owner Kennedy Lance B $592,000
Previous Owner Cochran Janeen A $357,000
Previous Owner Cochran Peter $250,000
Previous Owner Cochran Peter J $71,000
Previous Owner Denton Janeen $50,000
Previous Owner Denton Janeen $289,000
Previous Owner Denton Janeen $25,000
Previous Owner Denton Janeen $239,500
Previous Owner Denton Janeen $236,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,700,000 0.0% $1,709 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/11/2023 03/11/23 Off Market $1,700,000 -- --
03/01/2023 03/01/23 For Sale $1,799,000 -- $1,808 / 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 $18,634 $1,768,680 $1,668,752 $99,928
2024 $18,634 $1,734,000 $1,636,031 $97,969
2023 $14,009 $1,300,500 $1,211,945 $88,555
2022 $13,774 $1,275,000 $1,188,181 $86,819
2021 $9,005 $821,637 $733,924 $87,713
2020 $8,918 $813,213 $726,399 $86,814
2019 $8,738 $797,268 $712,156 $85,112
2018 $8,566 $781,636 $698,192 $83,444
2017 $8,415 $766,310 $684,502 $81,808
2016 $8,228 $751,285 $671,081 $80,204
2015 $4,334 $378,532 $290,325 $88,207
2014 $4,233 $371,118 $284,638 $86,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23033106

California Regional Multiple Listing Service (CRMLS)

APN: 937-170-07