NOT LISTED FOR SALE

Estimated Value: $6,405,000 - $8,709,275

6 Beds
5.5 Baths
5,200 Sq Ft
$1,457/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $4,262,500 $820 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $44,908/month

61 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Heated Spa
  • Clubhouse

About This Home

As of February 2020

Situated within the prestigious guard gated community of Coastal Canyon upon a secluded view lot, lies this spectacular main level multi-master residence. Completely reimagined by acclaimed local designer, Blackband Design, this approximately 5,200 square foot, six bedroom, six bathroom home offers an impressive and flexible floorplan appointed with luxurious finishes throughout. The thoughtfully designed interior affords seamless transition through light-filled spaces, complemented by new 10ft french doors and windows, wood beamed ceilings and high archways, leading to an indoor/outdoor lounge with wine storage and fireplace, formal dining room, and fully remodeled chef’s kitchen with Carrara marble countertops, custom cabinetry and professional grade appliances. Offering one of the most highly functioning layouts available, this home boasts not only a luxurious main floor master suite, but also a completely private second master size retreat with separate entrance and full bath, ideal as a mother-in-law suite or additional guest quarters. Captivating ocean and city light views can be enjoyed from every angle in the private backyard designed for true outdoor living, accented with a sparkling pool and spa, fireplace, and covered outdoor kitchen. Highlighted by an oversized four car garage on a prime lot, this property provides elevated coastal living in a convenient location near the best beaches, world-class shopping and dining.

Last Agent to Sell the Property

Michael Fawaz

Compass License #01342829 Listed on: 11/11/2019

Compass

Last Buyer's Agent

Jason C Bradshaw

Coldwell Banker Realty License #01304396

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,458

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 10,551 Sq Ft Lot
  • Glass Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Back Yard

HOA Fees

  • $589 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Property Views

  • Ocean
  • City Lights
  • Canyon

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Shutters
  • French Doors
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated Spa
  • Heated Pool
  • Waterfall Pool Feature

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 220 Volts in Kitchen
  • Tankless Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 15467
  • Assessor Parcel Number 47816422

Community Details

Overview

  • Los Trancos Association, Phone Number (800) 927-4599
  • First Service Residential HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,458

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$589 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Sausalito (SAUS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47816422
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5200.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Stone Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors, Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 819.71
  • Room Type: Family Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Utility Room, Walk-In Closet
  • Spa Features: Private, Association, Heated
  • Window Features: Shutters
  • Bathroom Features: Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Remodeled, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Canyon, City Lights, Ocean
  • Fence: Yes
  • Fencing: Glass
  • Pool Features: Private, Association, Heated, Waterfall
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Gas Cooktop, Microwave, Tankless Water Heater, Water Softener
  • Electric: 220 Volts in Kitchen
  • Heating Type: Central, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Horse Trails, Clubhouse, Trash
  • Association Fee: 589.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Los Trancos
  • Phone: 800.927.4599
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking, Park, Sidewalks, Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 10551.00
  • Lot Size Acres: 0.2422

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10551.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 22
  • Tax Tract Number: 15467

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Evans Gareth T and Evans Diana L
Bought by
Evans Gareth T and Evans Diane L
Total Days on Market
61
Current Estimated Value
$7,574,319

Purchase Details

Listed on
Nov 11, 2019
Closed on
Jan 15, 2020
Sold by
Cheng Jeffrey W and Jeffrey W Cheng Revocable Trus
Bought by
Evans Gareth T and Evans Diana L
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Jason C Bradshaw
Coldwell Banker Realty
List Price
$4,595,000
Sold Price
$4,262,500
Premium/Discount to List
-$332,500
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$3,000,000
Outstanding Balance
$2,701,869
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$4,813,042

Purchase Details

Closed on
Jul 15, 2014
Sold by
Cheng Jeffrey William
Bought by
Cheng Jeffrey W and Jeffrey W Cheng Revocable Trust

Purchase Details

Closed on
Apr 20, 2011
Sold by
Murphy David J and Murphy Sharon D
Bought by
Cheng Jeffrey William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2002
Sold by
Lennar Homes Of California Inc
Bought by
Massari Frank Carmen and Massari Janet Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,600
Interest Rate
6.89%

Purchase Details

Closed on
Oct 26, 1999
Sold by
Greystone Homes
Bought by
Murphy David J and Murphy Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$914,360
Interest Rate
6.62%
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
Evans Gareth T -- None Available
Evans Gareth T $4,262,500 Western Resources Title Co
Cheng Jeffrey W -- None Available
Cheng Jeffrey William $2,260,000 Western Resources Title
Massari Frank Carmen $794,500 North American Title Co
Murphy David J $1,143,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Gareth T $3,000,000
Previous Owner Cheng Jeffrey W $1,000,000
Previous Owner Cheng Jeffrey William $500,000
Previous Owner Cheng Jeffrey William $729,750
Previous Owner Murphy David J $859,000
Previous Owner Murphy David J $500,000
Previous Owner Murphy David J $500,000
Previous Owner Murphy David J $500,000
Previous Owner Massari Frank Carmen $595,600
Previous Owner Murphy David J $900,000
Previous Owner Murphy David J $310,000
Previous Owner Murphy David J $100,000
Previous Owner Murphy David J $914,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $4,262,500 -7.2% $820 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $4,595,000 -- $884 / 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
2024 $49,458 $4,570,259 $3,481,272 $1,088,987
2023 $48,310 $4,480,647 $3,413,012 $1,067,635
2022 $47,508 $4,392,792 $3,346,091 $1,046,701
2021 $46,013 $4,306,659 $3,280,481 $1,026,178
2020 $31,338 $2,875,432 $1,865,138 $1,010,294
2019 $30,877 $2,819,051 $1,828,566 $990,485
2018 $30,270 $2,763,776 $1,792,712 $971,064
2017 $30,616 $2,709,585 $1,757,561 $952,024
2016 $31,968 $2,656,456 $1,723,099 $933,357
2015 $30,515 $2,498,981 $1,697,216 $801,765
2014 $28,902 $2,361,978 $1,663,970 $698,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19243451

California Regional Multiple Listing Service (CRMLS)

APN: 478-164-22