NOT LISTED FOR SALE

Estimated Value: $6,801,000

0.51 Acre
$13,440,711 Price per Acre
22,041 Sq Ft Lot

Last Sold September 09, 2015

Last sale price $6,250,000

Est. 9% increase in value since last sale

Current estimated payment $42,716/month

101 Days on Market

Highlights

  • White Water Ocean Views
  • Harbor View Elementary School Rated A
  • Paved or Partially Paved Lot

About This Lot

As of September 2015

Enjoy the ultimate location in Newport Coast from this soon to be built 15,000 sq ft custom home lot. Tuscan inspired villa located at the top of Crystal Cove with amazing white water views including Catalina, Newport Harbor and Palos Verdes. Amenities for the proposed custom estate include 6 br, 7 ba, a dedicated 18-seat theater, 6-car subterranean garage, wine cellar, game room, separate guest wing and elevator. Two master bedroom suits with full ocean views will be available along with top-of-the-line finishes. Located above the Crystal Cove Shopping Center and offering unrivalled security access through 2 gated locations, the CC Homeowners Association is regarded as one of the finest location to live in Southern California while enjoying the many amenities of Fashion Island. Photos are of rendering & price is for LOT ONLY.

Last Agent to Sell the Property

Farzaneh Horiat

Coldwell Banker Realty License #01454386 Listed on: 05/22/2015

Coldwell Banker Realty

Co-Listed By

Rick Langevin

Surterre Properties Inc. License #00777918

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $243,270

Lot Details

  • 0.51 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned R1

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • City Lights

Listing and Financial Details

  • Tax Lot 30B
  • Tax Tract Number 16457
  • Assessor Parcel Number 48918145

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$243,270

Lot Details

0

Listing Details

  • Other Phone Description: 949-355-9955
  • Road Frontage Type: City Street
  • Road Surface Type: Not Maintained, Paved
  • Subdivision Name Other: Crystal Cove Estate Collection (CCEC)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 48918145
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 283.78

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Water, White Water

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Lot Features: Lot 20000-39999 Sqft, Paved
  • Lot Size Sq Ft: 22024.00
  • Price Per Lot Square Foot: 283.78
  • Lot Size Acres: 0.5060

Multi Family

  • Lot Size Area: 22024.0000 Square Feet

Tax Info

  • Tax Lot: 30B
  • Tax Tract Number: 16457
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Sep 3, 2015
Sold by
Samen Edward Michael
Bought by
10 Msummer Llc
Seller's Agent
Farzaneh Horiat
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$6,350,000
Sold Price
$6,250,000
Premium/Discount to List
-$100,000
-1.57%
Current Estimated Value
$6,801,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,000
Avg. Annual Appreciation
0.68%

Purchase Details

Closed on
May 15, 2014
Sold by
Irvine Community Development Company Llc
Bought by
Samen Edward Michael

Purchase Details

Closed on
May 13, 2014
Sold by
Samen Marina
Bought by
Samen Edward Michael
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
10 Msummer Llc $6,250,000 First American Title Company
Samen Edward Michael $5,750,000 First American Title Company
Samen Edward Michael -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Samen Edward Michael $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2015 09/09/15 Sold $6,250,000 -1.6% --
08/31/2015 08/31/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $6,350,000 -- --
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 $243,270 $22,731,075 $15,197,153 $7,533,922
2024 $243,270 $22,285,368 $14,899,169 $7,386,199
2023 $141,211 $12,830,049 $7,272,263 $5,557,786
2022 $138,557 $12,578,480 $7,129,670 $5,448,810
2021 $136,042 $12,331,844 $6,989,873 $5,341,971
2020 $113,873 $10,193,911 $6,918,201 $3,275,710
2019 $89,621 $7,857,748 $6,782,550 $1,075,198
2018 $74,513 $6,502,500 $6,502,500 $0
2017 $74,342 $6,375,000 $6,375,000 $0
2016 $72,864 $6,250,000 $6,250,000 $0
2015 $68,611 $5,864,885 $5,864,885 $0
2014 $6,408 $131,221 $131,221 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15110556

California Regional Multiple Listing Service (CRMLS)

APN: 489-181-45