NOT LISTED FOR SALE

Estimated Value: $4,092,000 - $5,854,000

3 Beds
4 Baths
2,500 Sq Ft
$2,035/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $3,888,000 $1,555 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $31,624/month

34 Days on Market

Highlights

  • Ocean View
  • Dual Staircase
  • Great Room
  • Harbor View Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2023

PHENOMENAL OPPORTUNITY!!!! Located on the ocean side of PCH in the The Village of Corona del Mar, where California coastal living is at its finest. This 40-foot-wide property, running street to street (Poppy Ave. to Hazel Dr.) with ocean views from the main level, is a rare and special find. Positioned at an elevation and angle in the road that allows one to maximize the endless views of the Pacific Ocean. Walking distance to Inspiration Point, Lookout Point, restaurants, coffee shops, cafes, boutiques and much more! With close beach access to Big Corona, Little Corona, China Cove, Pirates Cove, and parks. Nearby outstanding schools, Port movie theater, Sherman Library and Gardens, Roger's Gardens, Crystal Cove State Beach, hiking trails, Balboa Island, Fashion Island and Pelican Hill. Community events include a weekly farmers market and annual CdM Scenic 5k, CdM Christmas walk, the Newport to Baja boat race, Fourth of July Fireworks and Newport Christmas Boat Parade.

NO HOA. Property is being sold as-is.

Take this amazing opportunity to create the home of your dreams on a true Corona del Mar gem!

Last Agent to Sell the Property

Pyper Parker

Redfin License #01232586 Listed on: 04/12/2023

Redfin

Last Buyer's Agent

Nick Nguyen

Prism Link Properties License #01364249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,303

Year Built

  • Built in 1942

Lot Details

  • 3,320 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Major Repairs Completed

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Wood Burning Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Harbor View Elementary School
  • Corona Del Mar High School

Utilities

  • Heating Available
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Corona Del Mar South Of Pch Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Tax Tract Number 673
  • Assessor Parcel Number 05218118
  • $369 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,303

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Corona del Mar South of PCH (CDMS)
  • View: Yes
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05218118
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 3
  • Entry Location: Courtyard
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Family Room, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1555.20
  • Room Type: Entry, Family Room, Great Room, Kitchen, Master Bedroom

Exterior Features

  • View: Mountain(s), Ocean, Panoramic, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Electric
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Walkstreet
  • Lot Size Sq Ft: 3320.00
  • Lot Size Acres: 0.0762

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3320.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 627.02
  • Tax Lot: 8
  • Tax Tract Number: 673
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Nguyen Nicholas H and Nguyen Arnie
Bought by
Naans Family Trust and Nguyen
Current Estimated Value
$5,088,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,999,900
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 12, 2023
Closed on
May 25, 2023
Sold by
Juarez Martin
Bought by
Dream Weaver Estates Llc
Seller's Agent
Pyper Parker
Redfin
Buyer's Agent
Nick Nguyen
Prism Link Properties
List Price
$4,128,000
Sold Price
$3,888,000
Premium/Discount to List
-$240,000
-5.81%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.02%
Original Mortgage
$448,800
Interest Rate
6.35%

Purchase Details

Closed on
May 21, 1999
Sold by
Willson Margaret T
Bought by
Paredes Antonio T

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
7.5%
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
Naans Family Trust -- Provident Title Company
Nguyen Nicholas H -- Provident Title
Dream Weaver Estates Llc $3,888,000 Lawyers Title
Paredes Antonio T $823,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naans Family Trust $2,999,900
Closed Naans Family Trust $2,999,000
Closed Nguyen Nicholas H $2,999,900
Previous Owner Dream Weaver Estates Llc $448,800
Previous Owner Dream Weaver Estates Llc $3,366,000
Previous Owner Paredes Antonio T $1,999,999
Previous Owner Paredes Antonio T $150,000
Previous Owner Paredes Antonio T $250,000
Previous Owner Paredes Antonio T $1,078,000
Previous Owner Paredes Antonio T $708,000
Previous Owner Paredes Antonio T $898,000
Previous Owner Paredes Antonio T $900,000
Previous Owner Paredes Antonio T $650,000
Closed Paredes Antonio T $90,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $3,888,000 -5.8% $1,555 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $4,128,000 -- $1,651 / 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 $41,303 $3,888,000 $3,776,242 $111,758
2023 $41,138 $1,215,812 $1,118,267 $97,545
2022 $12,906 $1,191,973 $1,096,340 $95,633
2021 $12,659 $1,168,601 $1,074,843 $93,758
2020 $12,538 $1,156,619 $1,063,822 $92,797
2019 $12,282 $1,133,941 $1,042,963 $90,978
2018 $12,038 $1,111,707 $1,022,512 $89,195
2017 $11,826 $1,089,909 $1,002,462 $87,447
2016 $11,562 $1,068,539 $982,806 $85,733
2015 $11,452 $1,052,489 $968,043 $84,446
2014 $11,183 $1,031,873 $949,081 $82,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23058846

California Regional Multiple Listing Service (CRMLS)

APN: 052-181-18