NOT LISTED FOR SALE

Estimated Value: $4,659,000 - $6,944,000

4 Beds
5 Baths
4,141 Sq Ft
$1,427/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $3,315,000 $801 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $35,888/month

6 Days on Market

Highlights

  • White Water Ocean Views
  • Two Primary Bedrooms
  • Open Floorplan
  • Harbor View Elementary School Rated A
  • Custom Home
  • Dual Staircase

About This Home

As of May 2020

Situated on Buck Gully overlooking Little Corona beach, is this 4-bedroom, 5-bathroom home in sought after Corona del Mar. With an aesthetic all its own – blending quaint vintage cottages with luxurious newly built homes, Corona del Mar offers residents the ultimate laid-back beach town living. Enjoy walks along the bluffs of Ocean Blvd. with wide-open views of Catalina Island and Newport Harbor, or stroll through the Village filled with fine dining, bustling coffee shops and trendy boutiques. The residence offers a tri-level floor plan, coastal inspired interior and outdoor living spaces with stunning ocean and canyon views. Formal and informal dining areas make for ideal entertaining or plenty of room for gatherings. Two spacious master suites offer private, secluded living quarters. Enjoy close proximity to prestigious Pelican Hill Golf Course, Fashion Island, Crystal Cove State Park, and John Wayne Airport, and savor the very best that SoCal has to offer.

Last Agent to Sell the Property

Jessica Searing

Seven Gables Real Estate License #01933688 Listed on: 03/29/2020

Seven Gables Real Estate

Co-Listed By

James Jekums

Seven Gables Real Estate License #01270160

Last Buyer's Agent

John Sturdevant

Regency Real Estate Brokers License #01193545

Regency Real Estate Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,793

Year Built

  • Built in 1941

Lot Details

  • 6,400 Sq Ft Lot
  • Wood Fence
  • Lot Sloped Down

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Canyon
  • Hills

Home Design

  • Custom Home
  • Cosmetic Repairs Needed

Interior Spaces

  • 4,141 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Shutters
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Formal Dining Room
  • Bonus Room
  • Stone Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Shed

Utilities

  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 46 / A
  • Tax Tract Number 673
  • Assessor Parcel Number 05218217

Community Details

Overview

  • No Home Owners Association

Recreation

  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,793

Year Built

Built in 1941

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 714-348-0930
  • Other Phone Number: 7144237829
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05218217
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4141.00 Square Feet
  • Interior Amenities: 2 Staircases, In-Law Floorplan, Balcony, Bar, Built-in Features, Granite Counters, Living Room Deck Attached, Open Floorplan
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Eating Area: Area, Family Kitchen, In Family Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 800.53
  • Room Type: Bonus Room, Entry, Family Room, Jack & Jill, Living Room, Two Masters, Walk-In Closet
  • Window Features: Bay Window(s), Shutters
  • Bathroom Features: Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s), Storage
  • View: Canyon, Coastline, Hills, Ocean, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Deck, Patio Open, Porch, Front Porch, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Private
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Watersports

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 6400.00
  • Lot Size Acres: 0.1469

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 627.02
  • Tax Lot: 46
  • Tax Tract Number: 673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
Apr 8, 2020
Sold by
Johnston Michael and Johnston Paul
Bought by
Lyon Michael E and Lyon Becki L
Seller's Agent
Jessica Searing
Seven Gables Real Estate
Buyer's Agent
John Sturdevant
Regency Real Estate Brokers
List Price
$3,688,800
Sold Price
$3,315,000
Premium/Discount to List
-$373,800
-10.13%
Current Estimated Value
$5,910,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,595,864
Avg. Annual Appreciation
11.60%

Purchase Details

Closed on
Jul 23, 2013
Sold by
Johnstone Peter
Bought by
Johnstone Peter and 1998 Johnstone Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2005
Sold by
Johnstone Peter and Johnstone Mary
Bought by
Johnstone Peter and Johnstone Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,225,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Johnstone Peter and Johnstone Mary
Bought by
Johnstone Peter and Johnstone Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,600
Interest Rate
5.12%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Peter Johnstone and Peter Mary Johnstone
Bought by
Johnstone Peter and Johnstone Mary

Purchase Details

Closed on
Oct 16, 1998
Sold by
Peter Johnstone and Peter Mary
Bought by
Johnstone Peter and Johnstone Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%

Purchase Details

Closed on
Oct 15, 1998
Sold by
Peter Johnstone and Peter Mary
Bought by
Johnstone Peter and Johnstone Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.62%

Purchase Details

Closed on
Apr 8, 1998
Sold by
Peter Johnstone and Peter Mary
Bought by
Johnstone Peter and Johnstone Mary
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
Lyon Michael E $3,315,000 Chicago Title Company
Johnstone Peter -- North American Title
Johnstone Peter -- First American Title Co
Johnstone Peter -- --
Johnstone Peter -- First American Title Co
Johnstone Peter -- --
Johnstone Peter -- Old Republic Title Company
Johnstone Peter -- Old Republic Title Company
Johnstone Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnstone Peter $450,000
Previous Owner Johnstone Peter $417,000
Previous Owner Johnstone Peter $1,225,000
Previous Owner Johnstone Peter $974,600
Previous Owner Johnstone Peter $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $3,315,000 -10.1% $801 / Sq Ft
03/29/2020 03/29/20 For Sale $3,688,800 0.0% $891 / Sq Ft
08/05/2016 08/05/16 Rented $9,500 -5.0% --
07/15/2016 07/15/16 Price Changed $10,000 -16.7% $2 / Sq Ft
06/21/2016 06/21/16 Price Changed $12,000 -11.1% $3 / Sq Ft
03/17/2016 03/17/16 For Rent $13,500 -6.9% --
08/22/2015 08/22/15 Rented $14,500 0.0% --
07/23/2015 07/23/15 Under Contract -- -- --
06/24/2015 06/24/15 For Rent $14,500 -- --
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
2024 $37,793 $3,554,348 $3,250,629 $303,719
2023 $36,910 $3,484,655 $3,186,891 $297,764
2022 $36,300 $3,416,329 $3,124,403 $291,926
2021 $35,604 $3,349,343 $3,063,141 $286,202
2020 $11,659 $1,073,117 $808,126 $264,991
2019 $11,421 $1,052,076 $792,280 $259,796
2018 $11,195 $1,031,448 $776,746 $254,702
2017 $10,998 $1,011,224 $761,516 $249,708
2016 $10,753 $991,397 $746,585 $244,812
2015 $10,576 $976,506 $735,371 $241,135
2014 $10,326 $957,378 $720,966 $236,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20065285

California Regional Multiple Listing Service (CRMLS)

APN: 052-182-17