NOT LISTED FOR SALE

Estimated Value: $2,086,000 - $2,649,000

2 Beds
2 Baths
1,471 Sq Ft
$432/mo HOA Fee

Last Sold February 14, 2014

Last sale price $1,074,000 $730 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $13,560/month

5 Days on Market

Highlights

  • Ocean View
  • Active Adult
  • Breakfast Area or Nook
  • In Ground Pool
  • Contemporary Architecture
  • 1-minute walk to Buck Gully Trailhead

About This Home

As of February 2014

Welcome to a charming 2 bedroom, 2 bath single level home in “The Terraces” at Corona del Mar, a prestigious 55-year old plus community.

Last Agent to Sell the Property

Edward Arce

SELLYOURHOMEFOR2PERCENT.COM License #01236585 Listed on: 01/06/2014

Last Buyer's Agent

Tracy Bowie

Pacific Sotheby's Int'l Realty License #01234314

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,970

Year Built

  • Built in 1988

Lot Details

  • Two or More Common Walls
  • Southeast Facing Home
  • Fenced
  • Fence is in excellent condition

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • Panoramic
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,471 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Halls are 36 inches wide or more
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 87
  • Tax Tract Number 11949
  • Assessor Parcel Number 93461156

Community Details

Overview

  • Active Adult
  • 100 Units
  • Terraces Association

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,970

Year Built

Built in 1988

Lot Details

0

HOA Fees

$432 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer & Dryer are negotiable
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Terraces (TCDM)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93461156
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1471.00
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 36 Inch Or More Wide Halls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 730.12
  • Room Type: All Bedrooms Down
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: Southeast
  • View: Canyon, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Features: Association, Community, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 432.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.2300 Acres
  • Number Of Units In Community: 100
  • Number Of Units Total: 100

Tax Info

  • Tax Block: 87
  • Tax Lot: 4
  • Tax Tract Number: 11949

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Jan 14, 2014
Sold by
Role Rosalie Ann
Bought by
Masarik Cecile M and The Michael G Masarik Survivors Trust
Seller's Agent
Edward Arce
SELLYOURHOMEFOR2PERCENT.COM
Buyer's Agent
Tracy Bowie
Pacific Sotheby's Int'l Realty
List Price
$1,074,000
Sold Price
$1,074,000
Current Estimated Value
$2,256,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,182,657
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Role Rosalie Ann
Bought by
Role Rosalie Ann and Rosalie Ann Role Revocable Trust
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
Masarik Cecile M $1,074,000 California Title Company
Role Rosalie Ann -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2014 02/14/14 Sold $1,074,000 0.0% $730 / Sq Ft
01/11/2014 01/11/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $1,074,000 -- $730 / 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 $13,970 $1,316,571 $1,153,815 $162,756
2024 $13,970 $1,290,756 $1,131,191 $159,565
2023 $13,641 $1,265,448 $1,109,011 $156,437
2022 $13,413 $1,240,636 $1,087,266 $153,370
2021 $13,157 $1,216,310 $1,065,947 $150,363
2020 $13,031 $1,203,839 $1,055,017 $148,822
2019 $12,764 $1,180,235 $1,034,331 $145,904
2018 $12,511 $1,157,094 $1,014,050 $143,044
2017 $12,291 $1,134,406 $994,166 $140,240
2016 $12,016 $1,112,163 $974,672 $137,491
2015 $11,902 $1,095,458 $960,032 $135,426
2014 $4,703 $422,809 $277,390 $145,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14002582

California Regional Multiple Listing Service (CRMLS)

APN: 934-611-56