NOT LISTED FOR SALE

Estimated Value: $8,959,000 - $11,455,229

6 Beds
6.5 Baths
5,572 Sq Ft
$1,751/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $6,100,000 $1,095 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $58,525/month

127 Days on Market

Highlights

  • Private Dock Site
  • Parking available for a boat
  • Boat Slip
  • Abraham Lincoln Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Guarded Parking

About This Home

As of November 2017

MAJOR PRICE IMPROVEMENT! Don't miss! Paradise at Linda Isle! This luxurious waterfront residence offers limitless bay views from multiple vantage points. This recently renovated, Tuscan inspired bay front estate is located on Newport Beach's coveted guard-gated Linda Isle. It offers magical combination of European architecture and coastal living with custom touches throughout. Quality of construction and attention to details are evident throughout the house from hard wood floors, wood framed windows, French doors to built-in bookcases. As you walk through private gate a soothing courtyard fountain sets the scene for elegant living. The sweeping staircase as you enter the double glass doors draws you into a formal living with beautiful view of the bay. This coastal estate has a well-appointed newly renovated chef’s kitchen complete with stainless steel Viking appliances, Caesarstone counter tops & a spacious center island. The flow of the house is perfect for big gatherings with surround-sound which welcome friends and family. The luxurious master suite with 2 closets, a double-sided fireplace with adjacent seating area and enchanting bayside view is the perfect sanctuary. Guest casita with a kitchenette and fireplace creates the getaway feeling in your own home. U-SHAPE private dock can accommodate up to a 60-foot boat, Duffy, kayaks, & any other water toys you can imagine. Walking distance to local restaurants, coffee shops, & stores, this home couldn’t be more perfect.

Last Agent to Sell the Property

Mila Evans

Key Home Group License #01263108 Listed on: 07/02/2017

Last Buyer's Agent

Patrica Velasquez

Advance Realty License #01032273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,919

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 6,820 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Block Wall Fence
  • Corner Lot
  • Front Yard

HOA Fees

  • $561 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Parking Deck
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Parking available for a boat
  • Guarded Parking

Property Views

  • Bay
  • Harbor
  • Panoramic
  • Bridge
  • Canal
  • Courtyard

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 5,572 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Two Way Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • French Mullion Window
  • Bay Window
  • Garden Windows
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Panel Doors
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Atrium Room
  • Home Gym
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Free-Standing Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Closet In Bathroom

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Spa
  • Boat Slip
  • Private Dock Site
  • Docks
  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Additional Features

  • Fireplace in Guest House
  • Suburban Location
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4003
  • Assessor Parcel Number 05047124

Community Details

Overview

  • Keystone Pacific Association, Phone Number (949) 833-2600

Recreation

  • Tennis Courts
  • Community Playground

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,919

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$561 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 19499293952
  • Other Phone Number: 949-678-1001
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard, Guarded, Security System, Smoke Detector(s)
  • Subdivision Name Other: Linda Isle (LIND)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05047124
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5572.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Double Door Entry, French Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Bonus Room, Den, Family Room, Guest House, Living Room, Master Bedroom, Master Retreat, Great Room, Two Way
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1094.76
  • Room Type: Atrium, Bonus Room, Dressing Area, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Above Ground, Private
  • Window Features: Bay Window(s), Casement Windows, Double Pane Windows, French/Mullioned, Garden Window(s), Plantation Shutters, Screens
  • Bathroom Features: Bathtub, Bidet, Shower, Closet In Bathroom, Double Sinks In Master Bath, Granite Counters, Remodeled, Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Boat Slip, Dock Private
  • View: Bay, Bridge(s), Canal, Courtyard, Harbor, Panoramic, Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Deck, Patio, Patio Open
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Deck, Driveway, Paved, Direct Garage Access, Garage Faces Front, Garage - Two Door, Garage Door Opener, Guarded
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Free-Standing Range, Freezer, Disposal, Indoor Grill, Microwave, Refrigerator
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Tennis Court(s)
  • Association Fee: 561.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific
  • Phone: (949) 833-2600
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 6820.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Canal Front, Includes Dock, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 630.05
  • Tax Lot: 1
  • Tax Tract Number: 4003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2017
Closed on
Nov 9, 2017
Sold by
Bailey Scott A and Bailey Beverly A
Bought by
Anderson Garret J and Anderson Teresa
Seller's Agent
Mila Evans
Key Home Group
Buyer's Agent
Patrica Velasquez
Advance Realty
List Price
$7,998,000
Sold Price
$6,100,000
Premium/Discount to List
-$1,898,000
-23.73%
Current Estimated Value
$9,754,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,654,557
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Jul 12, 2011
Sold by
Maat Investments Llc
Bought by
Bailey Scott A and Bailey Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2006
Sold by
Cordero Alfonso G and Cordero Mercy B
Bought by
Maat Llc

Purchase Details

Closed on
Jul 26, 2006
Sold by
Casado Silvia A
Bought by
Cordero Alfonso G and Cordero Mercy B

Purchase Details

Closed on
Jun 12, 2003
Sold by
Schultheis Paul F and Schultheis Linda L
Bought by
Casado Ramon E and Casado Silvia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,750,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
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
Anderson Garret J $6,100,000 Lawyers Title
Bailey Scott A $4,200,000 Stewart Title
Maat Llc -- Accommodation
Cordero Alfonso G -- Accommodation
Casado Ramon E $4,750,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bailey Beverly A $1,750,000
Previous Owner Bailey Scott A $2,940,000
Previous Owner Casado Ramon E $4,750,000
Previous Owner Schultheis Paul F $2,430,000
Previous Owner Schultheis Paul F $100,000
Previous Owner Schulthels Paul F $450,000
Previous Owner Schultheis Paul F $1,410,000
Previous Owner Lipper Ray W $843,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $6,100,000 -11.3% $1,095 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
08/22/2017 08/22/17 Price Changed $6,875,000 -14.0% $1,234 / Sq Ft
07/02/2017 07/02/17 For Sale $7,998,000 -- $1,435 / 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
2025 $71,919 $6,940,757 $5,937,727 $1,003,030
2024 $71,919 $6,804,664 $5,821,301 $983,363
2023 $70,241 $6,671,240 $5,707,158 $964,082
2022 $69,085 $6,540,432 $5,595,253 $945,179
2021 $67,755 $6,412,189 $5,485,542 $926,647
2020 $67,105 $6,346,440 $5,429,294 $917,146
2019 $65,700 $6,222,000 $5,322,837 $899,163
2018 $64,384 $6,100,000 $5,218,467 $881,533
2017 $48,208 $4,545,496 $3,590,258 $955,238
2016 $47,120 $4,456,369 $3,519,861 $936,508
2015 $46,679 $4,389,431 $3,466,990 $922,441
2014 $45,578 $4,303,449 $3,399,077 $904,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17150106

California Regional Multiple Listing Service (CRMLS)

APN: 050-471-24