NOT LISTED FOR SALE

Estimated Value: $2,035,000 - $2,628,000

2 Beds
2 Baths
1,425 Sq Ft
$1,571/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $1,206,300 $847 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $13,517/month

52 Days on Market

Highlights

  • Spa
  • 43,560 Sq Ft lot
  • Shutters
  • Active Adult
  • Clubhouse
  • 1-minute walk to Buck Gully Trailhead

About This Home

As of October 2017

Ideally located on a corner lot, this home offers a sense of seclusion and privacy with the canyon providing a beautiful natural buffer. Beyond the natural beauty that surrounds this home, living in The Terraces offers a prime location for any lifestyle. This immaculate single level two bedroom, two bath home is light and bright and move in ready. Freshly painted and new carpet throughout, allows for easy every day living in Corona Del Mar. An oversized lush yard with a built-in water fall is the perfect place to entertain or enjoy the beach breeze year round. A private laundry room and attached two car garage completes this beautiful home. Located just a short drive or walk to the Oasis Senior Center, the CDM farmers market, great dining, and beautiful beaches. The Terraces is a 55+ Senior Community (one owner must be at least 55 years of age) with amenities to suit everyone: a community pool and spa, bbq area, and clubhouse.

Last Agent to Sell the Property

Kim Bibb

Pacific Sotheby's Int'l Realty License #01210754 Listed on: 08/14/2017

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Debra Bibb

Pacific Sotheby's Int'l Realty License #00602463

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,474

Year Built

  • Built in 1986

Lot Details

  • 1 Acre Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $444 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Family Room
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathtub

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 93461160

Community Details

Overview

  • Active Adult
  • The Terraces At Corona Del Mar Home Owners Association, Phone Number (714) 779-1300

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,474

Year Built

Built in 1986

Lot Details

0

HOA Fees

$444 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Terraces (TCDM)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 93461160
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1425.00 Square Feet
  • Interior Amenities: Pantry
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 846.53
  • Room Type: Family Room, Kitchen, Laundry, Walk-In Closet
  • Spa Features: Association
  • Window Features: Shutters
  • Bathroom Features: Bathtub

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 444.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces at Corona del Mar Home Owners
  • Phone: 714-779-1300
  • Senior Community: Yes
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 43560.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.42
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Oct 11, 2017
Sold by
Roberts Kevia M
Bought by
Hutchison John H and Hutchison Susan H
Seller's Agent
Kim Bibb
Pacific Sotheby's Int'l Realty
Buyer's Agent
Debra Bibb
Pacific Sotheby's Int'l Realty
List Price
$1,299,000
Sold Price
$1,206,300
Premium/Discount to List
-$92,700
-7.14%
Current Estimated Value
$2,238,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,032,094
Avg. Annual Appreciation
8.04%

Purchase Details

Closed on
Sep 27, 2008
Sold by
Roberts Clifford and Roberts Patricia
Bought by
Roberts Clifford and Roberts Patricia

Purchase Details

Closed on
Dec 10, 2002
Sold by
Ochs Peter M and Ochs Gail J
Bought by
National Christian Foundation Real Prope

Purchase Details

Closed on
Mar 10, 2002
Sold by
National Christian Foundation Real Prope
Bought by
Roberts Clifford and Roberts Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.83%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Ochs Peter M and Ochs Gail J
Bought by
Ochs Peter M and Ochs Gail J
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
Hutchison John H $1,206,500 Lawyers Title Co
Roberts Clifford -- None Available
National Christian Foundation Real Prope -- --
Roberts Clifford $650,000 North American Title Co
Ochs Peter M -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Clifford $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2017 10/18/17 Sold $1,206,300 -3.4% $847 / Sq Ft
09/22/2017 09/22/17 Price Changed $1,249,000 -3.8% $876 / Sq Ft
08/14/2017 08/14/17 For Sale $1,299,000 -- $912 / 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 $14,474 $1,372,560 $1,229,836 $142,724
2024 $14,474 $1,345,648 $1,205,722 $139,926
2023 $14,132 $1,319,263 $1,182,080 $137,183
2022 $13,894 $1,293,396 $1,158,902 $134,494
2021 $13,628 $1,268,036 $1,136,179 $131,857
2020 $13,496 $1,255,034 $1,124,529 $130,505
2019 $13,218 $1,230,426 $1,102,479 $127,947
2018 $13,028 $1,206,300 $1,080,861 $125,439
2017 $8,814 $811,155 $665,687 $145,468
2016 $8,616 $795,250 $652,634 $142,616
2015 $8,533 $783,305 $642,831 $140,474
2014 $8,332 $767,962 $630,239 $137,723
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17187126

California Regional Multiple Listing Service (CRMLS)

APN: 934-611-60