Seller's Agent in 2017
Rex Mckown
Compass
(949) 689-5018
17 in this area
56 Total Sales
1 Pinnacle Point Newport Coast, CA 92657
Newport Coast Neighborhood
4
Beds
7
Baths
8,471
Sq Ft
0.47
Acres
Highlights
- Ocean View
- 24-Hour Security
- In Ground Pool
- Newport Coast Elementary School Rated A
- Home Theater
- Primary Bedroom Suite
About This Home
As of May 2015Magnificent Mediterranean Estate! Set behind massive private gates in a prestigious guard gated community is this recently expanded, reconstructed and highly upgraded custom estate. ALL remodeling was done by the current owners! Boasting unobstructed ocean and city light views, the setting is truly spectacular! Set at the end of a cul-de-sac, with complete privacy, the two story floor plan spans approx. 8500 sq ft. Interior attributes include all new 850 sq ft gym, hair salon, and a large paneled office/library with a shark tank. In addition, there is a dramatic master suite with sitting room, large marble bathroom and a newly added tremendous finished walk in closet. In addition there is a newly built separate staircase leading to the all new state of the art theater, lobby and wet bar. New interior finishes include limestone and solid walnut flooring, limestone capped staircases, and much more. The resort quality grounds are graced with an extra deep custom pool and spa with water features, lush manicured lawns, fire pit and an outdoor kitchen/ BBQ center! This is a one of a kind estate!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $78,080
Year Built
- Built in 1997 | Remodeled
Lot Details
- 0.47 Acre Lot
- Property fronts a private road
- Cul-De-Sac
- Glass Fence
- Sprinklers on Timer
- Back Yard
HOA Fees
Parking
- 4 Car Attached Garage
- Automatic Gate
Property Views
- Ocean
- Coastline
- City Lights
Home Design
- Mediterranean Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 8,471 Sq Ft Home
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Home Theater
- Home Office
- Home Gym
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Double Oven
- Freezer
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Slab Porch or Patio
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
Community Details
- 24-Hour Security
Listing and Financial Details
- Tax Lot 54
- Tax Tract Number 14038
- Assessor Parcel Number 47707122
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2013
Closed on
Apr 14, 2015
Sold by
Bryant Vanessa
Bought by
Red River Pinnacle Llc
Seller's Agent
Jordan Cohen
RE/MAX One
Buyer's Agent
Marcy Weinstein
Compass
List Price
$8,599,000
Sold Price
$6,116,500
Premium/Discount to List
-$2,482,500
-28.87%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,046,386
Avg. Annual Appreciation
5.98%
Purchase Details
Closed on
Dec 30, 2011
Sold by
Bryant Kobe
Bought by
Bryant Vanessa and Vanessa Bryant Trust
Purchase Details
Closed on
Sep 20, 2001
Sold by
Manley Dwight N
Bought by
Bryant Kobe and The K Bean Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.91%
Purchase Details
Closed on
Oct 18, 1999
Sold by
Manley Dwight N and Manley Sahar
Bought by
Manley Dwight N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
7.82%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 30, 1997
Sold by
Catellus Residential Ocean Ridge Inc
Bought by
Manley Dwight N
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
7.49%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,116,500 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $1,700,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,100,000 | No Value Available | |
| Previous Owner | $870,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2017 09/14/17 | Rented | $25,000 | -28.6% | -- |
| 07/28/2017 07/28/17 | Price Changed | $35,000 | -99.9% | $4 / Sq Ft |
| 07/28/2017 07/28/17 | For Rent | $35,000,000 | +139900.0% | -- |
| 04/26/2016 04/26/16 | Rented | $25,000 | -16.7% | -- |
| 11/03/2015 11/03/15 | For Rent | $30,000 | 0.0% | -- |
| 05/29/2015 05/29/15 | Sold | $6,116,500 | -28.9% | $722 / Sq Ft |
| 04/14/2015 04/14/15 | Pending | -- | -- | -- |
| 08/19/2013 08/19/13 | For Sale | $8,599,000 | -- | $1,015 / 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 | $78,080 | $7,390,061 | $5,297,851 | $2,092,210 |
| 2024 | $78,080 | $7,245,158 | $5,193,971 | $2,051,187 |
| 2023 | $76,345 | $7,103,097 | $5,092,129 | $2,010,968 |
| 2022 | $75,084 | $6,963,821 | $4,992,283 | $1,971,538 |
| 2021 | $73,185 | $6,827,276 | $4,894,395 | $1,932,881 |
| 2020 | $73,042 | $6,757,271 | $4,844,209 | $1,913,062 |
| 2019 | $71,705 | $6,624,776 | $4,749,225 | $1,875,551 |
| 2018 | $70,279 | $6,494,879 | $4,656,103 | $1,838,776 |
| 2017 | $69,973 | $6,367,529 | $4,564,807 | $1,802,722 |
| 2016 | $70,232 | $6,209,776 | $4,475,301 | $1,734,475 |
| 2015 | $57,842 | $5,014,923 | $3,718,484 | $1,296,439 |
| 2014 | -- | $4,916,688 | $3,645,644 | $1,271,044 |
Source: Public Records
Agents Affiliated with this Home
-
Rex Mckown
-
H
Buyer's Agent in 2017
Hosana Saputra
Surterre Properties Inc.
-
Nicolai Glazer
Buyer's Agent in 2016
Nicolai Glazer
Pacific Sotheby's Int'l Realty
(949) 644-6200
94 Total Sales
-
Jordan Cohen
Seller's Agent in 2015
Jordan Cohen
RE/MAX
(818) 435-5219
225 Total Sales
-
Marcy Weinstein
Buyer's Agent in 2015
Marcy Weinstein
Compass
(949) 689-3550
14 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR13167553
APN: 477-071-22
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