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Property Q&A in Corona del Mar : Real Estate Advice

  • All32
  • Local Info1
  • Home Buying11
  • Home Selling0
  • Market Conditions4

Activity 14
John Wetzel, Real Estate Pro in Del Mar, CA
Mon Sep 21, 2015
John Wetzel asked:
Hi,

510 Hazel, Corona del Mar is not showing as Active and is showing old Listiong Agents. It needs to be active and showing Coleen Brennan, 949.275.2775, Coleen.Brennan@evusa.com, CA…
0 votes 0 Answers Share Flag
John Wetzel, Real Estate Pro in Del Mar, CA
Mon Sep 21, 2015
John Wetzel asked:
510 Hazel, Corona del Mar is not listed as active and is showing the wrong Listing Agents. It needs to be active and showing Coleen Brennan (949.275.2775, Coleen.Brennan@evusa.com, CA BRE#…
0 votes 0 Answers Share Flag
Cameron Novak, Real Estate Pro in Corona, CA
Mon Sep 15, 2014
Cameron Novak answered:
A knowlegeable real estate agent in the area can help you with this or any rental home.
0 votes 2 answers Share Flag
taredington, Home Buyer in Corona del Mar, CA
Sun Aug 3, 2014
taredington answered:
Who says its worth more? zillow? a realtor? an Appraiser?
Zillow is notoriously inconsistent and is not a good data source for valuation in a community such as CDM. Zillow works well in very homogeneous cookie cutter tracts like those found in Irvine, Aliso Viejo, Mission Viejo, etc.
A Realtor may have quoted a low value just to see if you would bite on it and then list the property for a figure a little higher and look like a hero when the property sold for more than you were expecting in a very short time period with minimal time invested by the Realtor. All the while knowing it was worth more, but would you rather have a quick sale with no work and a nice commission check, or spend time/energy/effort in order to get the maximum value for your property the result of which might be a slightly higher commission but when expenses of time and marketing are taken into account, the net value of the commission might actually be less.
Appraisers, of which I am one for 27 years, are not always geographically competent, and since it is highly unlikely you and your neighbor were appraised by the same appraiser, one of them might have been less than familiar with the market dynamics in CDM, or flat out the neighbors appraiser may have shot for the moon in terms of value to get the loan approval for the loan. Yes those type of appraisers still exist.
Bottom line is there are a multitude of reasons why there could be a difference in value for reasons that are mistakes, errors or opinions. There are also possibilities that are supported by the market. If you would like to have me come appraise your property to get a true idea of value, you can contact me directly at 949-836-2042
Todd Redington, SRA
... more
0 votes 1 answer Share Flag
Michael Park…, Real Estate Pro in Claremont, CA
Sun Nov 3, 2013
Michael Parker answered:
Pets Ok But Require Additional $250 deposit. If you are interested in renting it please fill out a complete rental application here: Click Here or http://www.cdmteam.com/rental-application/

Call or text with any questions. 949-630-8117
... more
0 votes 1 answer Share Flag
Cara Farley, Real Estate Pro in Newport Beach, CA
Thu Mar 28, 2013
Cara Farley answered:
Hello Janet,
I specialize and live in Corona del Mar. This home is availalble and I can set you up with a private showing along with similar homes in the area and homes not yet listed. Please reach me anytime at carafarley@gmail.com or 949-209-7218. Looking forward to helping you with your home seach!

Sincerely,
Cara

Cara Farley, Broker
License# 01884229

www.CaraFarleyRE.com
www.luxuryrealestate.com/profiles/41231-cara-farley
... more
0 votes 6 answers Share Flag
Harold  Park…, Real Estate Pro in Corona del Mar, CA
Wed Feb 6, 2013
Harold Parker answered:
This home has been sold. Closed escrow yesterday today or today, I believe. I think the rent for a property like this would yield about $4500 - $5,000 per month.

I haved lived on Cornoa del Mar for 35 years and been a Realtor (Broker) for 10 years. I know this market well. See my website at www.haroldgparker.com.

If I can help you let met know
... more
0 votes 6 answers Share Flag
Eliisa Stowe…, Real Estate Pro in Corona del Mar, CA
Sat Sep 29, 2012
Eliisa Stowell answered:
We can send you the information. Please email or call our team with your questions. eliisastowell@gmail.com or 9499030026. Thanks! Brown and Stowell team with Surterre Properties
0 votes 1 answer Share Flag
John Arendsen, Real Estate Pro in Leucadia, CA
Mon Aug 13, 2012
John Arendsen answered:
Carol is spot on about CDM. Having lived on the Balboa peninsula and Balboa Island for years before moving to the beautiful, quiet and peaceful North San Diego Coast (Encinitas) but having to frequent the NB, CDM (China Cove) area to visit family and friends I can tell you that if I had to move back to that area the "Flower Streets" CDM would be a great move.

That stated, if you have deeper pockets and really want the ultimate lifestyle you may want to consider China Cove. This is definitely the Crown Jewel of the Coast line but very pricey. If you want to have a more private conversation about that area feel free to call my cell: 760 815-6977 or email me at onthelevel@cox.net.

I don't work that area but having spent a good part of my life there I can and will give you the straight skinny. Should you ever want to consider beautiful North San Diego County feel free to log onto our very user friendly websites:

www.sandiegorealestatetoday.com
www.intimatelivinginteriors.com
www.chadofalltrades.com
... more
0 votes 3 answers Share Flag
Grant Fawcett, Real Estate Pro in Tustin, CA
Wed Jan 11, 2012
Grant Fawcett answered:
Chris:

It looks like everybody has answered your question so here is an article about dogs & CDM.

http://www.beachcalifornia.com/dog-friendly-corona-delmar.html

I'm a mortgage banker - Direct lender - with Castle & Cooke. We're the top 15 lenders approved with Freddie, Fannie & Ginnie Mae. Give me a call and I can get you pre-qualified to give your seller the comfort your a serious buyer. Best of luck. Grant Fawcett - Cell - 949.212.4578 ... more
0 votes 7 answers Share Flag
Patricia Con…,  in Newport Beach, CA
Wed Jan 11, 2012
Patricia Connors answered:
What is the property address. My listing is 15 Shoal , Corona Del Mar. Gated, 2,444 sq ft. Lot around 6,000, Association fee $435, Tennis, Club, Pool, Nice gated community listed at $999,000. Need carpet, remodeled kitchen and baths. Below market, vacant.

Patricia Connors
Pelican Cove Realty
DRE#01058583
949-230-4264
... more
0 votes 3 answers Share Flag
Emily Knell, Real Estate Pro in Huntington Beach, CA
Thu Jun 23, 2011
Emily Knell answered:
The HOA fee is actually showing about $401-415/mo right now, the figure of $265/mo was what the HOA dues WERE in the year 2000, which was when this unit was last sold.

A 1b 1ba REO in this complex recently sold for $385K and there's another one on the market in here with 2b 2ba w/ 1100sqft asking $679K.

The property you're inquiring about is in default but not on the market, it appears it wouldn't be a short sale if sold. It's possible the owners are trying to get a loan modification, which will likely not work in the end because they have equity. They have about a 5% chance of getting a viable loan mod & 3% if they've filed a BK.

Please let me know if you're interested in this particular complex, people obviously love it here because not much is selling there, but one never knows, with a little prodding I may be able to find you a unit in here.

Email or call me directly if you would like some more information or to get started with this endeavor.

EmilyKnell1@yahoo.com
562-430-3053 cell
Realtor Since 1996
Main Street Realtors
... more
1 vote 2 answers Share Flag
Cynthia Flem…, Real Estate Pro in Laguna Niguel, CA
Tue May 11, 2010
Cynthia Fleming answered:
Hi Matthew, Just to follow up, I did hear back from the listing agent and the property has now been rented for the entire summer beginning next month and going through October. So now the property will be available as of Nov. 1st and the monthly winter rental would be $8,000/month. Are you still interested in this property or do you need something sooner? My contact information is below if you need any further assistance. Thank you. Cynthia ... more
0 votes 2 answers Share Flag
Karen Parsons…, Real Estate Pro in Laguna Beach, CA
Thu Mar 26, 2009
Karen Parsons Fiddler answered:
Hi Kathleen,

There is a larger unit available on Morning Canyon...505 Morning Canyon. Listed for $699,000 and has 3bd/3ba. 1205 sq.ft. This is not a short sale...which is great! It's owned by an holding company which can either be an investor, or the seller put it in an LLC. Either way, they only owe $165,000 so lots of room to negotiate.

Email me if you'd like me to send you the listing.

Karen
... more
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