NOT LISTED FOR SALE

Estimated Value: $5,090,000 - $5,978,000

4 Beds
4.5 Baths
3,547 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $4,255,000 $1,200 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $36,540/month

21 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Spa
  • 3-minute walk to Coastal Peak Park

About This Home

As of November 2021

Welcome home to this beautifully remodeled & expanded home with sit down ocean views. Located on a cul-de-sac street in the prestigious 24 hour guard gated community of Pacific Ridge. The open floor plan consists of 4 bedrooms, 4 bathrooms plus a powder room. Expansive dual master suites, one on each level. Luxurious master bathrooms with dual sinks, stone counters, travertine flooring, large Roman tub, separate showers & spacious walk in closets with custom built-ins. The secondary bedrooms are very spacious and also en-suite with their own bathroom attached. Gourmet kitchen with stone counters & stainless steel appliances including a 6 burner gas range & expanded center island. Travertine floors & new carpet. The living room has beamed ceilings, built in speakers and a fireplace. Dual laundry, one on each level. Entertaining is a must in the rear yard with built-in barbecue and fireplace looking out to the panoramic ocean views. Community amenities with ocean views include salt water lap pool, wading pool, spa, outdoor entertaining area with fireplace & barbecue, 24 hour guard gate security, playgrounds and access to hiking/biking trails. Close proximity to schools, shopping, freeways, beaches, golf etc. Furnishings negotiable.

Last Agent to Sell the Property

Heather Saito

Compass License #01158918 Listed on: 09/06/2021

Compass

Last Buyer's Agent

Heather Saito

Compass License #01158918 Listed on: 09/06/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,521

Year Built

  • Built in 2005

Lot Details

  • 5,809 Sq Ft Lot
  • Cul-De-Sac
  • Glass Fence
  • Wrought Iron Fence
  • Stucco Fence
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Property is zoned R1

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • City Lights
  • Hills

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,547 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Pane Windows
  • French Doors
  • Panel Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Tax Tract Number 16462
  • Assessor Parcel Number 47846346
  • $2,747 per year additional tax assessments

Community Details

Overview

  • Pacific Ridge Association
  • Built by Taylor Woodrow
  • Belcara Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,521

Year Built

Built in 2005

Lot Details

0

HOA Fees

$606 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: DO NOT TEXT
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Belcara (PRBC)
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846346
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3547.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Wired for Sound
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Panel Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1199.61
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: City Lights, Hills, Ocean
  • Fence: Yes
  • Fencing: Glass, Stucco Wall, Wrought Iron
  • Builder Name: Taylor Woodrow
  • Patio And Porch Features: Enclosed, Patio, Stone, Wrap Around
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Warming Drawer, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Biking Trails, Hiking Trails, Guard, Security, Controlled Access
  • Association Fee: 606.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Ridge
  • Phone: Contact L/A
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains
  • Association Management: Pacific Ridge

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: Cul-De-Sac, Level, Park Nearby, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 5809.00
  • Lot Size Acres: 0.1334

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5809.0000 Square Feet
  • Number Of Units In Community: 300
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 62
  • Tax Tract Number: 16462
  • TaxOtherAnnualAssessmentAmount: 2747.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 4, 2021
Sold by
Walker John and 2015 Walker Family Trust
Bought by
Wy Llc
Seller's Agent
Heather Saito
Compass
Buyer's Agent
Heather Saito
Compass
List Price
$4,298,000
Sold Price
$4,255,000
Premium/Discount to List
-$43,000
-1%
Total Days on Market
21
Current Estimated Value
$5,687,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432,794
Avg. Annual Appreciation
8.42%
Original Mortgage
$2,468,000
Outstanding Balance
$2,277,211
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$3,410,583

Purchase Details

Listed on
Nov 28, 2016
Closed on
Feb 2, 2017
Sold by
Christensen Charles R and Christensen Deborah L
Bought by
Walker John and 2015 Walker Family Trust
Seller's Agent
Heather Saito
Compass
Buyer's Agent
Kristin Halton
Douglas Elliman Of California
List Price
$3,095,000
Sold Price
$3,060,000
Premium/Discount to List
-$35,000
-1.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$2,968,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 24, 2012
Sold by
Christensen Charles R and Christensen Deborah L
Bought by
Christensen Charles R and Christensen Deborah L

Purchase Details

Closed on
Nov 8, 2010
Sold by
The Gentle Breeze Trust #10
Bought by
Christensen Charles R and Christensen Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Musick Lawrence T and Musick Grace K
Bought by
The Gentle Breeze Trust #10 and C I C

Purchase Details

Closed on
May 6, 2005
Sold by
Taylor Woodrow Homes Inc
Bought by
Musick Lawrence T and Musick Grace K

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
6.02%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Wy Llc $4,255,000 Lawyers Title Company
Walker John $3,060,000 Lawyers Title
Christensen Charles R -- None Available
Christensen Charles R $1,460,000 Orange Coast Title
The Gentle Breeze Trust #10 $1,149,100 Accommodation
Musick Lawrence T $1,712,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wy Llc $2,468,000
Previous Owner Walker John $2,968,200
Previous Owner Walker John $2,968,200
Previous Owner Christensen Charles R $2,000,000
Previous Owner Christensen Charles R $500,000
Previous Owner Christensen Charles R $1,255,000
Previous Owner Christensen Charles R $1,200,000
Previous Owner Christensen Charles R $950,000
Previous Owner Musick Lawrence T $600,000
Previous Owner Musick Lawrence T $1,000,000
Closed Musick Lawrence T $530,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $4,255,000 -1.0% $1,200 / Sq Ft
09/06/2021 09/06/21 For Sale $4,298,000 +40.5% $1,212 / Sq Ft
03/13/2017 03/13/17 Sold $3,060,000 -1.1% $863 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $3,095,000 -- $873 / 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 $49,521 $4,426,902 $3,438,522 $988,380
2023 $48,499 $4,340,100 $3,371,100 $969,000
2022 $47,359 $4,255,000 $3,305,000 $950,000
2021 $37,164 $3,280,937 $2,470,767 $810,170
2020 $37,058 $3,247,296 $2,445,433 $801,863
2019 $36,842 $3,183,624 $2,397,483 $786,141
2018 $36,192 $3,121,200 $2,350,473 $770,727
2017 $22,731 $1,786,227 $991,112 $795,115
2016 $21,800 $1,751,203 $971,678 $779,525
2015 $21,173 $1,724,899 $957,083 $767,816
2014 $20,695 $1,691,111 $938,335 $752,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21196817

California Regional Multiple Listing Service (CRMLS)

APN: 478-463-46