Seller's Agent in 2023
Eliisa Stowell
Surterre Properties Inc.
(949) 903-0026
16 in this area
27 Total Sales
518 Poinsettia Ave Corona Del Mar, CA 92625
Corona Del Mar NeighborhoodEstimated Value: $3,008,000 - $3,994,000
5
Beds
3
Baths
2,000
Sq Ft
$1,694/Sq Ft
Est. Value
Highlights
- City Lights View
- Wood Flooring
- High Ceiling
- Harbor View Elementary School Rated A
- Main Floor Primary Bedroom
- 4-minute walk to Buck Gully Trailhead
About This Home
As of December 2023This adorable duplex is the perfect opportunity for either a redevelopment into two condos or enjoy one unit while renting out the other! The property is located on the "sunny-side", a quiet tree-lined street. The single-story front unit offers plenty of natural light, beamed ceilings, a grassy front yard and a private side courtyard perfect for entertaining. There are two bedrooms with large windows and slider doors offering both sunshine and privacy, and a full bathroom with a bathtub. This cute traditional Corona del Mar front cottage is super clean and bright! The fully detached back unit consists of a large downstairs bedroom and bath with room for a home office. The upstairs has two sizable bedrooms and a bath, kitchen, spacious living room and a balcony to take in those ocean breezes! The roof was replaced a couple of years ago, the units share a 2-car garage and a laundry area. Opportunity knocks... don't miss out on this rare gem in a highly desirable location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,056
Year Built
- Built in 1950
Lot Details
- 3,540 Sq Ft Lot
- Lot Dimensions are 30 x 118
- No Common Walls
- Wood Fence
- Rectangular Lot
Parking
- 2 Car Attached Garage
- Parking Available
- Rear-Facing Garage
- Single Garage Door
Property Views
- City Lights
- Neighborhood
Home Design
- Duplex
- Bungalow
- Composition Roof
- Wood Siding
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- High Ceiling
- Double Pane Windows
- Plantation Shutters
- French Doors
- Sliding Doors
- Family Room
- Living Room with Fireplace
- Living Room Balcony
Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Stone Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Laundry Located Outside
Schools
- Harbor View Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Additional Features
- No Interior Steps
- Exterior Lighting
Community Details
- No Home Owners Association
- 2 Units
- Corona Del Mar North Of Pch Subdivision
Listing and Financial Details
- Legal Lot and Block 20 / 543
- Tax Tract Number 186
- Assessor Parcel Number 45922209
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2023
Closed on
Dec 12, 2023
Sold by
Knox Family Trust
Bought by
Cdm Properties Llc
Seller's Agent
Eliisa Stowell
Surterre Properties Inc.
Buyer's Agent
Kimberlee Drake
Compass
List Price
$3,200,000
Sold Price
$2,805,000
Premium/Discount to List
-$395,000
-12.34%
Total Days on Market
65
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,389
Avg. Annual Appreciation
6.47%
Purchase Details
Closed on
Nov 18, 2021
Sold by
Knox and Vicki
Bought by
Knox Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,380
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2012
Sold by
Knox John and Knox Vicki
Bought by
Knox John and Knox Vicki
Purchase Details
Closed on
Jul 7, 2003
Sold by
Trunda Vicki
Bought by
Knox John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 26, 1996
Sold by
Griffin Eddie P and Griffin David M
Bought by
Knox John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,750
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cdm Properties Llc | $2,805,000 | California Title Company | |
| Knox Family Trust | -- | Amrock | |
| Knox John | -- | Amrock | |
| Knox John | -- | None Available | |
| Knox John | -- | None Available | |
| Knox John | -- | Fidelity National Title Co | |
| Knox John | -- | Guardian Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Knox John | $261,380 | |
| Previous Owner | Knox John | $413,000 | |
| Previous Owner | Knox John | $15,000 | |
| Previous Owner | Knox John | $20,000 | |
| Previous Owner | Knox John | $384,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $2,805,000 | 0.0% | $1,403 / Sq Ft |
| 12/15/2023 12/15/23 | Sold | $2,805,000 | -12.3% | $1,415 / Sq Ft |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 12/01/2023 12/01/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $3,200,000 | 0.0% | $1,600 / Sq Ft |
| 09/12/2023 09/12/23 | For Sale | $3,200,000 | 0.0% | $1,615 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $3,200,000 | -- | $1,615 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $30,056 | $2,805,000 | $2,671,917 | $133,083 |
| 2023 | $7,679 | $682,609 | $528,850 | $153,759 |
| 2022 | $7,546 | $669,225 | $518,480 | $150,745 |
| 2021 | $7,404 | $656,103 | $508,313 | $147,790 |
| 2020 | $7,333 | $649,376 | $503,101 | $146,275 |
| 2019 | $7,189 | $636,644 | $493,237 | $143,407 |
| 2018 | $7,049 | $624,161 | $483,565 | $140,596 |
| 2017 | $6,926 | $611,923 | $474,083 | $137,840 |
| 2016 | $6,775 | $599,925 | $464,787 | $135,138 |
| 2015 | $6,708 | $590,914 | $457,805 | $133,109 |
| 2014 | $6,552 | $579,339 | $448,837 | $130,502 |
Source: Public Records
Agents Affiliated with this Home
-
Eliisa Stowell
-
Kimberlee Drake
Buyer's Agent in 2023
Kimberlee Drake
Compass
(949) 500-7108
25 in this area
57 Total Sales
Map
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP23180717
APN: 459-222-09
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