NOT LISTED FOR SALE

Estimated Value: $6,202,468 - $7,363,000

3 Beds
3.5 Baths
3,378 Sq Ft
$2,021/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $4,680,000 $1,385 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $42,294/month

Highlights

  • Ocean View
  • Property has ocean access
  • Newly Remodeled
  • Harbor View Elementary School Rated A
  • Wine Cellar
  • Rooftop Deck

About This Home

As of October 2018

Nestled ideally between Corona del Mar Village and Buck Gully lies Hazel Drive, a coveted street that truly delivers the best of both worlds. Although just steps away from some of Orange County’s best restaurants and boutiques, 316 Hazel transports its guests to a tranquil microcosm of the natural world after passing through the home’s unique corrugated metal entry tower designed by architect Mark Teale. Fleetwood sliding doors and oversized picture windows in the airy living space frame views of lush coastal canyon greenery as well as ocean and Pelican Hill Golf Course views. Natural light floods the residence, highlighting design features such as French oak floors, textured porcelain tile wrapped fireplace, a 462 bottle glass-enclosed wine cellar, and a complete Thermador appliance package. Showcasing the builder’s background in structural engineering, a glass walkway leads to an exterior staircase to the rooftop deck that houses a covered living space protected from the sun. This three bedroom, three-and-a-half- bathroom home offers its own master suite level as well as a terrace level, which is home to an office space and the two secondary bedrooms with en-suite bathrooms. Additional industrial touches including exposed concrete accent walls, polished concrete flooring, and soaring 14 foot ceilings complete this well-built abode. Unwind to the peaceful sounds of gully wildlife and ocean waves right outside your window, and welcome yourself home to 316 Hazel Drive.

Last Agent to Rent the Property

Summer Perry

Compass License #01882790 Listed on: 08/01/2018

Compass

Co-Listed By

Jessica Bailey

Compass License #01990301

Last Renter's Agent

Summer Perry

Compass License #01882790 Listed on: 08/01/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,829

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 3,825 Sq Ft Lot
  • Fenced
  • New Fence

Parking

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

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Golf Course
  • Woods
  • Bluff
  • Canyon
  • Hills
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Unfinished Walls
  • Fire Rated Drywall
  • Metal Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,378 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Entrance Foyer
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Six Burner Stove
  • <<builtInRangeToken>>
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Parking

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Rooftop Deck
  • Enclosed patio or porch
  • Lanai
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Location

  • Across the Road from Lake or Ocean
  • Property is near a park
  • Property is near public transit
  • Suburban Location

Schools

  • Harbor View Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $30,000
  • Available 8/27/18
  • Tax Lot 49
  • Tax Tract Number 673
  • Assessor Parcel Number 05218220

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,829

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-08-27
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 30000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 45000.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: No
  • Inclusions: Furniture from Blackband Design.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Rated Drywall, Security System, Wired for Alarm System
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Architectural Style: Contemporary, Custom Built, Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05218220
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3378.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pull Down Stairs to Attic, Recessed Lighting, Stone Counters, Storage, Unfinished Walls, Wired for Data, Wired for Sound
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Concrete, Wood
  • Accessibility Features: Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Price Per Square Foot: 4.44
  • Room Type: Foyer, Great Room, Kitchen, Laundry, Living Room, Master Suite, Office, Utility Room, Walk-In Closet, Wine Cellar
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Quartz Counters, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: Canyon, City Lights, Coastline, Golf Course, Hills, Neighborhood, Ocean, Panoramic, Trees/Woods, Water
  • Fence: Yes
  • Fencing: New Condition
  • Patio And Porch Features: Concrete, Covered, Deck, Enclosed, Lanai, Roof Top, Terrace, Tile
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Concrete, Glass, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Water Heater, Freezer, Disposal, Gas Water Heater, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central, Zoned, Natural Gas
  • Laundry Features: Common Area, Dryer Included, Individual Room, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Gas, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Harbor View
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Harbor View
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: HARVIE
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Lot Features: Bluff, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 3825.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1, Stream

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 49
  • Tax Tract Number: 673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2019
Sold by
Wu George and Wu Alice
Bought by
Wu George and Wu Alice
Current Estimated Value
$6,826,117

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 25, 2018
Sold by
Yip Ivan Chun
Bought by
Wu George and Wu Alice
Seller's Agent
Summer Perry
Compass
Buyer's Agent
Summer Perry
Compass
Sold Price
$15,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Mar 4, 2015
Sold by
Honzen Ou Md Inc
Bought by
Yip Ivan Chun

Purchase Details

Closed on
Oct 30, 2009
Sold by
Honzen Ou M D Inc Defined Benefit Pensio
Bought by
Honzen Ou M D Inc Defined Benefit Pensio

Purchase Details

Closed on
May 14, 2009
Sold by
Logan Mortgage Inc
Bought by
Honzon Oh Md Inc and Defined Benefit Pension Plan

Purchase Details

Closed on
May 15, 2008
Sold by
Sentchuk Al
Bought by
Alava Inc

Purchase Details

Closed on
Apr 28, 2008
Sold by
Leonard Frances T
Bought by
Leonard Mark

Purchase Details

Closed on
Jan 31, 2008
Sold by
Agarwal Vijay P
Bought by
Mihalian Ankine A and Adler Yaniv

Purchase Details

Closed on
Nov 19, 2003
Sold by
Knight Diane L
Bought by
Agarwal Vijay P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2003
Sold by
Webb Betty D
Bought by
Knight Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 5, 2001
Sold by
Sobolewski Erik
Bought by
Knight Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
6.62%

Purchase Details

Closed on
Feb 5, 2001
Sold by
Johnson Merton and Johnson William
Bought by
Knight Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,000
Interest Rate
6.62%
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
Wu George -- None Available
Wu George -- None Available
Wu George $4,650,000 First American Title Ins Co
Yip Ivan Chun $1,620,000 First American Title
Honzen Ou M D Inc Defined Benefit Pensio -- Accommodation
Honzon Oh Md Inc -- Stewart Title
Alava Inc -- None Available
Leonard Mark -- None Available
Honzon Ou Md Inc Defined Benefit Pension $1,650,000 None Available
Mihalian Ankine A $27,000 None Available
Agarwal Vijay P $1,425,000 Chicago Title
Knight Diane $1,098,000 Chicago Title
Knight Diane L -- Chicago Title Co
Knight Diane L $799,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agarwal Vijay P $700,000
Previous Owner Agarwal Vijay P $500,000
Previous Owner Agarwal Vijay P $997,500
Previous Owner Knight Diane L $900,000
Previous Owner Knight Diane $768,460
Previous Owner Knight Diane L $541,000
Previous Owner Knight Diane L $545,000
Previous Owner Knight Diane L $545,000
Previous Owner Knight Diane L $549,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $4,680,000 0.0% $1,385 / Sq Ft
10/05/2018 10/05/18 Rented $15,000 0.0% --
10/03/2018 10/03/18 Off Market $15,000 -- --
09/14/2018 09/14/18 Pending -- -- --
08/01/2018 08/01/18 For Rent $15,000 0.0% --
07/31/2018 07/31/18 Price Changed $4,998,000 -5.5% $1,480 / Sq Ft
05/31/2018 05/31/18 Price Changed $5,288,000 -2.0% $1,565 / Sq Ft
02/12/2018 02/12/18 For Sale $5,395,000 -- $1,597 / 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
2024 $53,829 $5,085,452 $3,100,909 $1,984,543
2023 $52,572 $4,985,738 $3,040,107 $1,945,631
2022 $51,705 $4,887,979 $2,980,497 $1,907,482
2021 $50,710 $4,792,137 $2,922,056 $1,870,081
2020 $50,223 $4,743,000 $2,892,094 $1,850,906
2019 $49,173 $4,650,000 $2,835,386 $1,814,614
2018 $36,696 $3,458,227 $1,808,099 $1,650,128
2017 $24,763 $2,318,695 $1,772,647 $546,048
2016 $19,563 $1,830,808 $1,737,890 $92,918
2015 $19,379 $1,803,308 $1,711,785 $91,523
2014 $18,922 $1,767,984 $1,678,253 $89,731
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18184953

California Regional Multiple Listing Service (CRMLS)

APN: 052-182-20