See Home Value
$3,052,498*
House - Off Market

612 Iris Avenue

Corona del Mar, CA 92625
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2255 Sqft
$1,886,000 - $2,304,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
Sold Mar 18, 2024
$4,000,000
$2,999,999 by Logan Finance Corporation
Mortgage Due Apr 01, 2054
Sold Jan 15, 2020
$1,950,000
$2,425,200 by Velocity Commercial Capital Ll
Mortgage

About This Property

Ideally located in the heart of Corona Del Mar just two blocks from PCH, 612 Iris Avenue is a short walk to shopping, dinning and the beach. Light and bright this spacious and charming cottage features 3-bedroom 2-bath with bonus room. The open floor plan features a great room feel with a living, dining and kitchen combo on the main level. A large enclosed front patio and private upper & lower courtyards allow plenty of room for entertaining or to sit and enjoy the ocean breeze. Custom finishes are seen throughout this home: wood floors, a charming stone fireplace, upgraded vinyl windows, baseboards and wainscoting. The bonus room, downstairs, was built with a permit and has a separate entrance, exterior stair access, as well as interior access; it also has its own lower level outdoor oversized patio space. A two car garage completes this move in ready home!

The manager has listed the unit size as 2255 square feet.
Unit Size
2,255Ft²
Days on Market
-
Land Size
3,540.00 acres
Price per sqft
$929
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Jan 18, 2020 No longer available -
No longer available
Jan 15, 2020 Sold $1,950,000
Sold
Nov 21, 2019 No longer available -
No longer available
Nov 19, 2019 Listed $2,095,000
Listed
Apr 12, 2019 Listed $2,275,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 497
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,542
  • Total Building Area: 2,255
  • Building Area: 2,255
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,255
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORONA DEL MAR
  • Land Acres: 0.081
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR CORONA DEL MAR BLK 636 LOT 14

Ownership

  • Current Owner : DARIN AND KESHA FONG FAMILY TRUST
  • Current Owner 2: FONG
  • Previous Owner : IRCJ HOLDINGS LLC
  • Owner Before Previous Owner: SILVERS CRAIG S
  • Owner Before Previous Owner 2: SILVERS ARLENE M
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport-Mesa Unified School District
  • Census Tract: 062702

Geography

  • Assessors Map Reference: 33-B1
  • Subdivision Tract Number: 186
  • Parcel: 459-053-05
  • Block: 636
  • Lot: 14
  • Latitude: 33.6
  • Longitude: -117.871

    Address

  • Full Address: 612 Iris Ave
  • Address - House Number: 612
  • Address - Street Name: Iris
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Corona Del Mar
  • Carrier Code: C010
  • 4-Digit Zip Code: 2225
  • Zip Code: 92625

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $24,076
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 07-001

    Appraisal Valuation

  • Standard Deviation: 0.0508
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 99
  • Final Value: 3,905,599
  • High Value: 4,104,238
  • Low Value: 3,706,960

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,999,999
  • First Open Lien Mortgage Lender: LOGAN FINANCE CORPORATION
  • First Open Lien Mortgage Recording Date: Mar 18, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,999,999
  • 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: Apr 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,260,373
  • Assessed Land Value: $1,926,389
  • Assessed Improvements Value: $333,984

    Sales

  • Current Sale Contract Date: Feb 06, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Transaction ID: 11922800688
  • Current Sale Price: $4,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 60176
  • Previous Sale Recording Date: Jan 15, 2020
  • Previous Sale Contract Date: Dec 21, 2019
  • Previous Sale Amount: $1,950,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOGAN FINANCE CORPORATION
  • First Mortgage Transaction Date: Mar 18, 2024
  • First Mortgage Loan Amount: $2,999,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • Previous Mortgage Transaction Date: Jan 15, 2020
  • Previous Mortgage Loan Amount: $2,425,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Corona del Mar


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 304 Iris Avenue, Corona del Mar, CA, 92625

$9,900 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,867 ft²
304 Iris Avenue, Corona Del Mar, CA, 92625 Listing by Janelle File
Unit for rent at 3541 Lilac Avenue, Corona del Mar, CA, 92625

$10,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,800 ft²
3541 Lilac Avenue #42, Corona Del Mar, CA, 92625 Listing by Brenda McCroskey
Unit for rent at 506 Dahlia Avenue, Corona del Mar, CA, 92625

$6,900 /mo

  • 2 Beds
  • 3 Baths
  • 1,451 ft²
506 Dahlia Avenue #B, Corona Del Mar, CA, 92625 Listing by Kimberlee Drake


Frequently Asked Questions

When was property at 612 Iris Avenue built and last sold?
The property at 612 Iris Avenue was built in 1961 and last sold on Feb 6, 2024 for $4,000,000.
How much is this home worth?
The estimated value of the home located at 612 Iris Avenue is $2,234,662.
What are some comparable homes to 612 Iris Avenue?
There are currently no comparable homes to 612 Iris Avenue.

Nearby Counties
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