NOT LISTED FOR SALE

Estimated Value: $4,105,000 - $5,144,000

5 Beds
5.5 Baths
5,138 Sq Ft
$917/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $3,900,000 $759 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $28,845/month

9 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Private Pool
  • John Malcom Elementary School Rated A
  • 24-Hour Security
  • Fishing

About This Home

As of May 2022

Welcome to the prestigious 24 hour Guard gated community of Ocean Ranch. This custom estate includes wonderful upgrades and has a Bright and open floor plan. With 5 bedrooms 6 baths and a spacious 5138 sq. ft. of living and entertaining space. The lot size is one of the largest in the neighborhood with over a 12,120 square foot lot. There is a main floor master with spacious walk in his and her closets. This home has a stunning grand foyer, boasting a Dual staircase, custom railing and over 20 foot ceilings. Absolutely Stunning custom walnut sable wood flooring flows throughout the spacious main floor areas. The chefs kitchen opens to the family room with a one of a kind custom stone fireplace. The beautiful living room includes stunning French paned windows and separate wet bar. Downstairs master bedroom retreat with French doors opens directly to pool and hot tub. Master bath features lounging tub with separate shower and adjoining oversized walk-in closet. The Second floor features four suite sized bedrooms each with private bath and ceiling fans. Stunning French pane windows showcase the entire back of house opening to an entertainers paradise with massive backyard with newly remodeled pool, custom fountain, hot tub, with built in fire pit and granite BBQ island. Enjoy walking distance to the Waldorf Astoria Monarch beach and Ritz Carlton, award winning schools and beaches.

Last Agent to Sell the Property

Ashkon Babaee

OpenHome License #02048293 Listed on: 04/12/2022

Co-Listed By

asal torabi

OpenHome License #02141254

Last Buyer's Agent

Yan Ren

Wetrust Realty License #02158361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,061

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Density is 2-5 Units/Acre

HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 5,138 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main

Home Security

  • Alarm System
  • Carbon Monoxide Detectors

Pool

  • Private Pool
  • Waterfall Pool Feature

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Air
  • Private Water Source

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 12961
  • Assessor Parcel Number 65224125
  • $20 per year additional tax assessments

Community Details

Overview

  • Bear Brand Association, Phone Number (800) 428-5588
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Community Spa
  • Fishing
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,061

Year Built

Built in 1997

Lot Details

0

HOA Fees

$415 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Wired for Alarm System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65224125
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5138.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Family Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 759.05
  • Room Type: Main Floor Master Bedroom

Exterior Features

  • View: City Lights, Ocean
  • Pool Features: Private, Association, Waterfall
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air, Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 1
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Biking Trails, Hiking Trails, Clubhouse, Guard, Security
  • Association Fee: 355.00
  • Association #2 Fee: 60.00
  • Association Fee Frequency: Monthly
  • Association Name: bear brand
  • Phone: 1-800-428-5588
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking
  • Association Management: bear brand

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 12120.00
  • Lot Size Acres: 0.2782

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12120.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.32
  • Tax Lot: 25
  • Tax Tract Number: 12961
  • TaxOtherAnnualAssessmentAmount: 20.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 17, 2022
Sold by
Rhee Vivian
Bought by
Rhee Thomas Sangtae
Seller's Agent
Ashkon Babaee
OpenHome
Buyer's Agent
Yan Ren
Wetrust Realty
List Price
$3,999,999
Sold Price
$3,900,000
Premium/Discount to List
-$99,999
-2.5%
Total Days on Market
9
Current Estimated Value
$4,712,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,294
Avg. Annual Appreciation
6.48%
Original Mortgage
$3,000,000
Outstanding Balance
$2,857,889
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$1,862,479

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 23, 2015
Sold by
Pour Fereshteh Rabiei
Bought by
Barakhshan Hamid
Seller's Agent
Robert Jewett
First Team Real Estate
Buyer's Agent
mike nourai
Zutila, Inc
List Price
$2,390,000
Sold Price
$2,162,000
Premium/Discount to List
-$228,000
-9.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$1,513,400
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 18, 2015
Sold by
Bean Norman
Bought by
Barakhshan Hamid
Seller's Agent
Robert Jewett
First Team Real Estate
Buyer's Agent
mike nourai
Zutila, Inc
List Price
$2,390,000
Sold Price
$2,162,000
Premium/Discount to List
-$228,000
-9.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,513,400
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 22, 2012
Closed on
Dec 7, 2012
Sold by
The Bank Of New York Mellon
Bought by
Bean Norman
Seller's Agent
Robyn Webb
Sadri Group
Buyer's Agent
Robert Jewett
First Team Real Estate
List Price
$1,825,000
Sold Price
$1,700,000
Premium/Discount to List
-$125,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Thompson Rodney
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
May 1, 2004
Sold by
Nelson Len and Nelson Candetta
Bought by
Thompson Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Nelson Len and Nelson Candetta
Bought by
Nelson Len and Nelson Candetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 14, 2001
Sold by
Nelson Len
Bought by
Nelson Len and Nelson Candetta

Purchase Details

Closed on
Mar 2, 1994
Sold by
Card Don Bruce and Card Sherry Lyn
Bought by
Nelson Len
Source: Public Records

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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
Rhee Thomas Sangtae -- Netco
Barakhshan Hamid -- Western Resources Title Co
Barakhshan Hamid $2,162,000 Western Resources Title Co
Bean Norman $1,700,000 Ticor Title Riverside
The Bank Of New York Mellon $2,000,000 Stewart Title
Thompson Rodney $2,250,000 First American Title Company
Nelson Len -- Ticor Title Company
Nelson Len -- --
Nelson Len $160,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhee Thomas Sangtae $3,000,000
Previous Owner Barakhshan Hamid $1,513,400
Previous Owner Thompson Rodney $230,000
Previous Owner Thompson Rodney $2,500,000
Previous Owner Thompson Rodney $500,000
Previous Owner Thompson Rodney $1,680,000
Previous Owner Nelson Len $1,500,000
Previous Owner Nelson Len $1,500,000
Previous Owner Nelson Len $945,000
Closed Thompson Rodney $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $3,900,000 -2.5% $759 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/19/2022 04/19/22 Price Changed $3,999,988 0.0% $779 / Sq Ft
04/12/2022 04/12/22 For Sale $3,999,999 +85.0% $779 / Sq Ft
04/22/2015 04/22/15 Sold $2,162,000 -9.5% $397 / Sq Ft
03/06/2015 03/06/15 For Sale $2,390,000 0.0% $439 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
02/08/2015 02/08/15 Price Changed $2,390,000 +4.4% $439 / Sq Ft
02/04/2015 02/04/15 Price Changed $2,290,000 -11.6% $420 / Sq Ft
12/15/2014 12/15/14 Price Changed $2,590,000 -0.2% $475 / Sq Ft
12/11/2014 12/11/14 Price Changed $2,595,000 0.0% $476 / Sq Ft
11/07/2014 11/07/14 For Sale $2,596,000 0.0% $476 / Sq Ft
11/07/2014 11/07/14 Price Changed $2,596,000 0.0% $476 / Sq Ft
11/02/2014 11/02/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $2,597,000 0.0% $477 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/19/2014 07/19/14 Price Changed $2,597,000 -0.1% $477 / Sq Ft
05/16/2014 05/16/14 Price Changed $2,600,000 -3.7% $477 / Sq Ft
01/07/2014 01/07/14 Price Changed $2,700,000 +8.2% $495 / Sq Ft
11/22/2013 11/22/13 Price Changed $2,495,000 -0.2% $458 / Sq Ft
11/05/2013 11/05/13 Price Changed $2,499,000 -5.7% $459 / Sq Ft
10/28/2013 10/28/13 Price Changed $2,650,000 -3.3% $486 / Sq Ft
09/05/2013 09/05/13 Price Changed $2,740,000 -1.8% $503 / Sq Ft
08/01/2013 08/01/13 For Sale $2,790,000 0.0% $512 / Sq Ft
08/01/2013 08/01/13 Price Changed $2,790,000 -3.5% $512 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
04/07/2013 04/07/13 For Sale $2,890,000 +70.0% $530 / Sq Ft
12/22/2012 12/22/12 Sold $1,700,000 -6.8% $312 / Sq Ft
12/17/2012 12/17/12 Pending -- -- --
11/22/2012 11/22/12 For Sale $1,825,000 -- $335 / 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 $41,061 $4,057,560 $2,901,434 $1,156,126
2023 $40,192 $3,978,000 $2,844,543 $1,133,457
2022 $24,760 $2,448,528 $1,259,029 $1,189,499
2021 $24,283 $2,400,518 $1,234,342 $1,166,176
2020 $24,042 $2,375,904 $1,221,685 $1,154,219
2019 $23,936 $2,329,318 $1,197,730 $1,131,588
2018 $23,896 $2,283,646 $1,174,246 $1,109,400
2017 $23,261 $2,238,869 $1,151,221 $1,087,648
2016 $23,289 $2,194,970 $1,128,648 $1,066,322
2015 $18,105 $1,741,838 $733,923 $1,007,915
2014 -- $1,707,718 $719,546 $988,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22070413

California Regional Multiple Listing Service (CRMLS)

APN: 652-241-25