NOT LISTED FOR SALE

Corona Del Mar, CA 92625

Corona Del Mar Neighborhood

Estimated Value: $7,769,000 - $18,623,524

3 Beds
2.5 Baths
3,300 Sq Ft
$4,249/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $2,795,000 $847 Per Sq Ft

Est. 402% increase in value since last sale

Current estimated payment $84,389/month

Highlights

  • Ocean View
  • Private Pool
  • Main Floor Primary Bedroom
  • Harbor View Elementary School Rated A
  • Two Way Fireplace
  • Family Room

About This Home

As of July 2015

Great ocean view. Home partially remodeled.

Last Agent to Sell the Property

Mary Citrano

Surterre Properties Inc. License #00597198 Listed on: 07/15/2015

Last Buyer's Agent

Summer Perry

Compass License #01882790

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $96,878

Year Built

  • Built in 1961

Lot Details

  • 0.26 Acre Lot
  • Land Lease of $202,081

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 3,300 Sq Ft Home
  • Two Way Fireplace
  • See Through Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Private Pool
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 3357
  • Assessor Parcel Number 47502405

Home Details

Home Type

Single Family

Est. Annual Taxes

$96,878

Year Built

Built in 1961

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Cameo Shores (CSHO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47502405
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3300.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room, Living Room, See Through, Two Way
  • Levels: One
  • Price Per Square Foot: 846.97
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 800.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: Yes
  • Land Lease Amount: 202081.00
  • Land Lease Purchase: Yes
  • Lot Size Sq Ft: 11097.00
  • Price Per Lot Square Foot: 251.87
  • Lot Size Acres: 0.2550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11097.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 3357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Fakhimi Niloofar
Bought by
Fakhimi Bahman and Fakhimi Shayan
Current Estimated Value
$14,021,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,774,000
Outstanding Balance
$2,857,248
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$11,112,570

Purchase Details

Closed on
Apr 7, 2021
Sold by
Fakhimi Bahman and Fakhimi Niloofar
Bought by
Fakhimi Bahman and Fakhimi Shayan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,774,000
Outstanding Balance
$2,857,248
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$11,112,570

Purchase Details

Closed on
Jul 6, 2020
Sold by
Beena Real Estate Llc
Bought by
Fakhimi Bahman and Bahman Fakhimi Family Trust

Purchase Details

Closed on
May 13, 2016
Sold by
Fakhimi Bahman and Fakhimi Niloofar
Bought by
Beena Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,853,200
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jun 22, 2015
Sold by
The Irvine Company Llc
Bought by
The Bahman Fakhimi Family Trust
Seller's Agent
Mary Citrano
Surterre Properties Inc.
Buyer's Agent
Summer Perry
Compass
List Price
$4,816,000
Sold Price
$2,795,000
Premium/Discount to List
-$2,021,000
-41.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%
Original Mortgage
$3,853,200
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Fakhimi Bahman -- None Available
Fakhimi Niloofar -- Fidelity National Title Co
Fakhimi Bahman -- Fidelity Natl Ttl Orange Cnt
Fakhimi Bahman -- Fidelity National Title Co
Fakhimi Bahman -- Fidelity Natl Ttl Orange Cnt
Fakhimi Bahman -- First Amer Ttl Co Res Div
Beena Real Estate Llc -- First American Title Company
The Bahman Fakhimi Family Trust $2,021,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fakhimi Bahman $3,774,000
Previous Owner Beena Real Estate Llc $3,853,200
Previous Owner The Bahman Fakhimi Family Trust $3,853,200
Previous Owner Olsen Finn O $200,000
Previous Owner Olsen Finn O $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2015 07/16/15 Sold $2,795,000 -42.0% $847 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $4,816,000 -- $1,459 / 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 $96,878 $9,360,298 $5,559,163 $3,801,135
2024 $96,878 $9,176,763 $5,450,160 $3,726,603
2023 $94,620 $8,996,827 $5,343,294 $3,653,533
2022 $93,065 $8,820,419 $5,238,523 $3,581,896
2021 $91,347 $8,647,470 $5,135,807 $3,511,663
2020 $90,472 $8,558,801 $5,083,145 $3,475,656
2019 $81,833 $7,749,599 $4,983,476 $2,766,123
2018 $63,441 $6,003,324 $4,885,761 $1,117,563
2017 $52,075 $4,912,830 $4,593,885 $318,945
2016 $50,899 $4,816,500 $4,503,808 $312,692
2015 $9,730 $896,378 $597,935 $298,443
2014 $9,500 $878,820 $586,223 $292,597
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Mary Citrano

    Surterre Properties Inc.

  • Summer Perry

    Buyer's Agent in 2015

    Summer Perry

    Compass

    (949) 375-9074

    19 in this area

    131 Total Sales

    Summer Perry
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15154205

California Regional Multiple Listing Service (CRMLS)

APN: 475-024-05

California Orange County Corona Del Mar 92625

Corona Del Mar

This home since 15 July 2015 and is currently estimated at $14,021,175, approximately $4,248 per square foot. This property was built in 1961. This home is a home located in Orange County with nearby schools including Harbor View Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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