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501 Begonia Avenue

501 Begonia Avenue, Corona Del Mar, CA 92625
Property in Corona del Mar
Sold Oct 10, 2012
$1,375,000
$1,000,000 by Bank Of America Na
Mortgage Due Nov 01, 2042
Sold Jul 07, 2003
$1,050,000
$200,000 by First Source Funding Group Inc
Mortgage Due Aug 01, 2033
Local assessors in Corona Del Mar, CA have categorized 501 Begonia Avenue as a residential type of property. The home was built in 2002 and is 22 years old. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 501 Begonia Avenue has a total of 1,883 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 501 Begonia Avenue was last sold in Sep 4, 2012 for $1,375,000. According to our calculations, that's $730.22 per sqft. Prior to that sales transaction, the property was sold for $1,050,000 in Dec 30, 2002. Current property owners are expected to pay $18,216 in taxes per year. The property on 501 Begonia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,627,461. To break that down further, the land itself was valued at $1,293,713. While improvements to the property were assessed at a total of $333,748. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Style: Condo
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,883
  • Building Area: 1,883
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,883
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORONA DEL MAR VILLAGE
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: P BK 331 PG 27 PAR 2 UN 1 PM 331-27, PAR 2 OF PROJECT 938-01 LOCATED ON

Ownership

  • Current Owner : LEE RAYMOND
  • Previous Owner : FARRIS GUY D
  • Previous Owner 2: FARRIS MAUREEN C
  • Owner Before Previous Owner: ACACIA PARTNERS INC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062701

Geography

  • Parcel: 938-014-94
  • Lot: 2
  • Latitude: 33.6024
  • Longitude: -117.877

    Address

  • Full Address: 501 Begonia Ave
  • Address - House Number: 501
  • Address - Street Name: Begonia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Corona Del Mar
  • Carrier Code: C016
  • 4-Digit Zip Code: 2012
  • Zip Code: 92625

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,216
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 75
  • Final Value: 2,579,202
  • High Value: 3,053,906
  • Low Value: 2,104,497

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 10, 2012
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2042

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,627,461
  • Assessed Land Value: $1,293,713
  • Assessed Improvements Value: $333,748

    Sales

  • Current Sale Contract Date: Sep 04, 2012
  • Current Sale Recording Date: Oct 10, 2012
  • Current Sale Transaction ID: 1045598999
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012000616037
  • Previous Sale Recording Date: Jul 07, 2003
  • Previous Sale Contract Date: Dec 30, 2002
  • Previous Sale Amount: $1,050,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 10, 2012
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: FIRST SOURCE FUNDING GROUP INC
  • Previous Mortgage Transaction Date: Jul 07, 2003
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

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Frequently Asked Questions

What neighborhood is 501 Begonia Avenue located in?
The 501 Begonia Avenue is a located in the neighborhood of Corona del Mar in Corona del Mar, Corona Del Mar.
What is the average sales price for listings in 501 Begonia Avenue?
The average sales price for units in 501 Begonia Avenue is $0 currently.

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