Seller's Agent in 2012
Michael Fawaz
Compass
(949) 922-7762
20 in this area
27 Total Sales
1 Ocean Heights Dr Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $6,502,000 - $6,725,373
3
Beds
4
Baths
3,700
Sq Ft
$1,795/Sq Ft
Est. Value
Highlights
- Ocean View
- Guest House
- Private Pool
- Newport Coast Elementary School Rated A
- Wine Cellar
- Clubhouse
About This Home
As of March 2012One of the most desirable guard gated communities in Newport Coast, Ocean Heights. The open floorplan is an unrivaled setting for entertaining as well as gracious living! Numerous French doors lead to a private inner courtyard with fireplace and also to a spacious backyard that is beautifully landscaped with a spa and a fire place, huge backyard with great views of the ocean, city lights and mountains. Separate entrances lead to guest quarters and the veranda studio. A large master bedroom suite with fireplace, a walk-in closet and a spacious master bath occupy the upper level of the main house. The home is highly upgraded with wood flooring, a wine cellar many more designer touches. The gourmet kitchen boasts a large center island and 6 burner gas ranges with dual ovens and walk-in pantry
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,760
Year Built
- Built in 2001
Lot Details
- 0.34 Acre Lot
- Glass Fence
- Sprinklers Throughout Yard
HOA Fees
- $560 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Oversized Parking
- Parking Available
- Single Garage Door
- Combination Of Materials Used In The Driveway
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Canyon
- Mountain
- Hills
Home Design
- Brick Exterior Construction
- Spanish Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 3,700 Sq Ft Home
- Fireplace With Gas Starter
- French Doors
- Wine Cellar
- Family Room
- Dining Room
- Loft
- Bonus Room
Kitchen
- Walk-In Pantry
- Double Oven
- Gas Oven or Range
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Maid or Guest Quarters
Laundry
- Laundry Room
- Gas Dryer Hookup
Pool
- Private Pool
- Spa
Outdoor Features
- Balcony
- Outdoor Grill
Additional Features
- Guest House
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 15401
- Assessor Parcel Number 47818105
Community Details
Overview
- San Domenico
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 4, 2015
Sold by
Desai Ashwin and Desai Surekha
Bought by
Desai Family Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 9, 2011
Closed on
Mar 7, 2012
Sold by
Schenke Danuta Stefania
Bought by
Desai Ashwin and Desai Surekha
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Adriana Farfan
Pacific Sotheby's Int'l Realty
List Price
$2,545,000
Sold Price
$2,300,000
Premium/Discount to List
-$245,000
-9.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Purchase Details
Closed on
Sep 3, 2005
Sold by
Razmara Cyrus and Razmara Gity
Bought by
Razmara Cyrus and Razmara Gity
Purchase Details
Closed on
May 24, 2004
Sold by
Schenke Danuta
Bought by
Schenke Danuta Stefania and The Schenke Family Trust
Purchase Details
Closed on
Jul 2, 2003
Sold by
Jordan Stanley W and Jordan Nancy C
Bought by
Schenke Danuta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 23, 2001
Sold by
Brookfield Newport Coast Ii Inc
Bought by
Jordan Stanley W and Jordan Nancy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.87%
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 |
|---|---|---|---|
| Desai Family Trust | -- | Fidelity Natl Title Ins Co | |
| Desai Ashwin | $2,300,000 | Western Resources Title Co | |
| Razmara Cyrus | -- | -- | |
| Schenke Danuta Stefania | -- | -- | |
| Schenke Danuta | $1,805,000 | Orange Coast Title | |
| Jordan Stanley W | $1,447,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Desai Ashwin M | $500,000 | |
| Previous Owner | Desai Family Trust | $975,000 | |
| Previous Owner | Schenke Danuta Stefania | $500,000 | |
| Previous Owner | Schenke Danuta | $999,000 | |
| Previous Owner | Jordan Stanley W | $996,000 | |
| Previous Owner | Jordan Stanley W | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2012 03/30/12 | Sold | $2,300,000 | -7.8% | $622 / Sq Ft |
| 02/28/2012 02/28/12 | Price Changed | $2,495,000 | -2.0% | $674 / Sq Ft |
| 01/28/2012 01/28/12 | For Sale | $2,545,000 | +10.7% | $688 / Sq Ft |
| 01/18/2012 01/18/12 | Off Market | $2,300,000 | -- | -- |
| 06/28/2011 06/28/11 | Price Changed | $2,545,000 | -4.0% | $688 / Sq Ft |
| 05/09/2011 05/09/11 | For Sale | $2,650,000 | -- | $716 / 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 |
|---|---|---|---|---|
| 2025 | $30,760 | $2,888,923 | $2,063,963 | $824,960 |
| 2024 | $30,760 | $2,832,278 | $2,023,493 | $808,785 |
| 2023 | $30,121 | $2,776,744 | $1,983,817 | $792,927 |
| 2022 | $29,620 | $2,722,299 | $1,944,919 | $777,380 |
| 2021 | $28,517 | $2,668,921 | $1,906,783 | $762,138 |
| 2020 | $28,881 | $2,641,555 | $1,887,231 | $754,324 |
| 2019 | $28,472 | $2,589,760 | $1,850,226 | $739,534 |
| 2018 | $27,913 | $2,538,981 | $1,813,947 | $725,034 |
| 2017 | $28,463 | $2,489,198 | $1,778,380 | $710,818 |
| 2016 | $30,379 | $2,440,391 | $1,743,510 | $696,881 |
| 2015 | $30,185 | $2,403,735 | $1,717,321 | $686,414 |
| 2014 | $29,521 | $2,356,650 | $1,683,681 | $672,969 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fawaz
-
Adriana Farfan
Buyer's Agent in 2012
Adriana Farfan
Pacific Sotheby's Int'l Realty
(949) 219-2506
9 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U11002014
APN: 478-181-05
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