NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $1,978,000

2 Beds
2 Baths
1,100 Sq Ft
$415/mo HOA Fee

Last Sold October 28, 2014

Last sale price $719,000 $654 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $9,954/month

136 Days on Market

Highlights

  • In Ground Spa
  • City Lights View
  • Granite Countertops
  • Abraham Lincoln Elementary School Rated A
  • Lanai
  • L-Shaped Dining Room

About This Home

As of October 2014

Penthouse with peek a boo ocean view. Corona del Mar city condo walking distance to all CdM has to offer, restaurants, shops, Fashion Island and Balboa Island. Turnkey and upgraded. Perfect for those who would enjoy gardening and entertaining from your private outdoor veranda. Detached 2 car garage with storage. Designer paint, travertine flooring, floor to ceiling windows in Master Bedroom and Living room. Stainless steel appliances, designer lighting, newer doors and handles. Master Bedroom has built in Flat Screen, black out window treatments, Elfa custom closets. Skylights in both bathrooms.

Last Agent to Sell the Property

Paula Knauft

Berkshire Hathaway HomeService License #01344594 Listed on: 05/06/2014

Co-Listed By

Robert Knauft

Berkshire Hathaway HomeService License #01858592

Last Buyer's Agent

Eileen Anderson

Eileen Anderson Broker License #00557345

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,290

Year Built

  • Built in 1963

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Woods

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Patio
  • Lanai
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10274
  • Assessor Parcel Number 93717043

Community Details

Overview

  • Master Insurance
  • 20 Units
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,290

Year Built

Built in 1963

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Sandcastle (SAND)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93717043
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00
  • Interior Amenities: Elevator, Granite Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 653.64
  • Room Type: Galley Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association, In Ground

Exterior Features

  • Patio: Yes
  • View: City Lights, Trees/Woods
  • Patio And Porch Features: Lanai
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, Self Cleaning Oven
  • Heating Type: Forced Air
  • Laundry Features: Stackable
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Pool, Sewer, Spa/Hot Tub, Trash
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 10274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2019
Sold by
Krotee Donald
Bought by
Krotee Donald and Donald E Krotee Revocable Trust
Current Estimated Value
$1,621,330

Purchase Details

Listed on
May 6, 2014
Closed on
Sep 19, 2014
Sold by
Ainsworth Ronald William and Ainsworth Marsha Mirolla
Bought by
Krotee Donald
Seller's Agent
Paula Knauft
Berkshire Hathaway HomeService
Buyer's Agent
Eileen Anderson
Eileen Anderson Broker
List Price
$749,000
Sold Price
$719,000
Premium/Discount to List
-$30,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$519,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2012
Sold by
Ainsworth Ronald W and Ainsworth Marsha M
Bought by
Ainsworth Ronald William and Ainsworth Marsha Mirolla

Purchase Details

Closed on
Dec 4, 2008
Sold by
Galileo Investments Llc
Bought by
Ainsworth Ron W and Ainsworth Marsha M

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Drefko Lawrence G
Bought by
Galileo Investments Llc

Purchase Details

Closed on
Feb 28, 2003
Sold by
Sullivan Gary E
Bought by
Drefko Lawrence G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
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
Krotee Donald -- None Available
Krotee Donald $719,000 Chicago Title Company
Ainsworth Ronald William -- None Available
Ainsworth Ron W $559,000 First American Title Company
Galileo Investments Llc -- None Available
Drefko Lawrence G $405,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krotes Donald $479,000
Closed Krotee Donald $519,000
Previous Owner Ainsworth Ronald William $401,000
Previous Owner Ainsworth Ron W $401,000
Previous Owner Ainsworth Ron W $417,000
Previous Owner Drefko Lawrence G $164,000
Previous Owner Drefko Lawrence G $169,000
Previous Owner Drefko Lawrence G $488,000
Previous Owner Drefko Lawrence G $324,000
Closed Drefko Lawrence G $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2014 10/28/14 Sold $719,000 -2.8% $654 / Sq Ft
08/28/2014 08/28/14 Price Changed $740,000 -1.2% $673 / Sq Ft
05/06/2014 05/06/14 For Sale $749,000 +4.2% $681 / Sq Ft
05/04/2014 05/04/14 Off Market $719,000 -- --
05/04/2014 05/04/14 For Sale $749,000 -- $681 / 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 $9,290 $862,924 $767,982 $94,942
2024 $9,290 $846,004 $752,923 $93,081
2023 $9,070 $829,416 $738,160 $91,256
2022 $8,917 $813,153 $723,686 $89,467
2021 $8,748 $797,209 $709,496 $87,713
2020 $8,663 $789,035 $702,221 $86,814
2019 $8,489 $773,564 $688,452 $85,112
2018 $8,321 $758,397 $674,953 $83,444
2017 $8,175 $743,527 $661,719 $81,808
2016 $7,994 $728,949 $648,745 $80,204
2015 $7,918 $718,000 $639,000 $79,000
2014 $6,505 $587,225 $496,240 $90,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14091933

California Regional Multiple Listing Service (CRMLS)

APN: 937-170-43