NOT LISTED FOR SALE

Estimated Value: $6,274,000 - $7,265,000

4 Beds
4.5 Baths
4,250 Sq Ft
$1,611/Sq Ft Est. Value

Highlights

  • Ocean View
  • Home Theater
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Saltwater Pool
  • 5-minute walk to Coastal Canyon Park

About This Home

As of May 2019

An amazing ocean view home in a guard gated community of Newport Coast. A courtyard entry fills with bright and fragrance flowers of an English garden, that leads to a formal foyer with beautiful crystal chandelier, marble flooring and the incredible sparkling blue ocean view. Formal living and dining rooms with courtyard views. Family room with custom media center and bookcases. A gourmet kitchen has stainless steel and Sub-Zero appliances, large center cooking island, custom finished cabinetry and granite counter top. Versatile floor plan includes a main floor bedroom suite with French Doors leading to a beautiful courtyard. Master bedroom suite upstairs with two additional bedrooms, each has its own full bath. Additional entertainment center upstairs with a bonus study loft. An oversized entertainment backyard with built in BBQ, sink and refrigerator - all overlooking panoramic vistas from San Clemente to Los Angeles, capturing ocean, Catalina Island, city lights and harbor views. Enjoy living the luxurious Newport Coast lifestyle while being seconds from fine shopping and dining, Pelican Hill Golf Resort, and Crystal Cove State Beach. 10 Minutes from John Wayne Airport (SNA) and Los Angeles International Airport (LAX) is only 45 minutes away.

Last Agent to Rent the Property

Ann Ngo

Coastal Investments License #01122326 Listed on: 04/26/2019

Last Renter's Agent

Ann Ngo

Coastal Investments License #01122326 Listed on: 04/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,805

Year Built

  • Built in 2000

Lot Details

  • 0.27

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Interior Spaces

  • 4,250 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Bonus Room
  • Home Gym
  • Galley Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Saltwater Pool
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Private Water Source
  • Sewer Paid

Additional Features

  • 0.27 Acre Lot
  • Suburban Location

Listing and Financial Details

  • Security Deposit $29,000
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 5/1/19
  • Tax Lot 16
  • Tax Tract Number 15394
  • Assessor Parcel Number 47817120

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Heights Maintenance Association

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,805

Year Built

Built in 2000

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2019-05-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 29000
  • Furnished: Negotiable
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Inclusions: 5 chandeliers, 3 entertainment systems with speakers, all draperies and blinds.
  • Property Attached: No
  • Subdivision Name Other: Pienza (PRPZ)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47817120
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4250.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.41
  • Room Type: Bonus Room, Exercise Room, Family Room, Galley Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Retreat

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Water
  • Pool Features: Association, Community, Salt Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Private
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Tennis Court(s), Sport Court, Clubhouse
  • Association Name: Ocean Heights Maintenance Association
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11895.00
  • Lot Size Acres: 0.2731

Multi Family

  • First Repairs: 500
  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 11895.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 16
  • Tax Tract Number: 15394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2014
Sold by
Vunnamadala Syam P and Vunnamadala Rajeswari
Bought by
Syam P & Rajeswari Vunnamadala Living Tr
Current Estimated Value
$6,813,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$1,899,220
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,948,250

Purchase Details

Closed on
Dec 4, 2014
Sold by
Vunnamadala Syam P and Vunnamadala Rajeswari
Bought by
Vunnamadala Syam P and Vunnamadala Rajeswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$1,899,220
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,948,250

Purchase Details

Closed on
Dec 22, 2006
Sold by
Vunnamadala Syam P and Vunnamadala Rajeswari
Bought by
Vunnamadala Syam P and Vunnamadals Rajeswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,502,000
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2006
Sold by
Vunnamadala Syam P and Vunnamadala Rajeswari
Bought by
Vunnamadala Syam P and Vunnamadala Rajeswari

Purchase Details

Closed on
Jan 23, 2001
Sold by
Taylor Woodrow Homes Inc
Bought by
Vunnamadala Syam P and Vunnamadala Rajeswari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,347,703
Interest Rate
6.62%
Source: Public Records

Range of Values:

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List 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
Syam P & Rajeswari Vunnamadala Living Tr -- Accommodation
Vunnamadala Syam P -- Lawyers Title
Vunnamadala Syam P -- Accommodation
Vunnamadala Syam P -- Ticor Title Tustin Orange Co
Vunnamadala Syam P -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajeswari Syam P $805,000
Open Vunnamadala Syam P $2,500,000
Closed Vunnamadala Syam P $350,000
Closed Vunnamadala Syam P $2,502,000
Closed Vunnamadala Syam P $1,000,000
Closed Vunnamadala Syam P $500,000
Previous Owner Vunnamadala Syam P $1,347,703
Closed Vunnamadala Syam P $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Rented $14,500 0.0% --
04/30/2019 04/30/19 Under Contract -- -- --
04/26/2019 04/26/19 For Rent $14,500 0.0% --
01/05/2018 01/05/18 Rented $14,500 0.0% --
12/02/2017 12/02/17 For Rent $14,500 -42.0% --
08/01/2017 08/01/17 Rented $25,000 +61.3% --
04/26/2017 04/26/17 For Rent $15,500 -- --
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 $30,805 $2,901,121 $1,770,604 $1,130,517
2024 $30,805 $2,844,237 $1,735,887 $1,108,350
2023 $30,165 $2,788,468 $1,701,850 $1,086,618
2022 $29,663 $2,733,793 $1,668,481 $1,065,312
2021 $28,532 $2,680,190 $1,635,766 $1,044,424
2020 $28,924 $2,652,708 $1,618,993 $1,033,715
2019 $28,514 $2,600,695 $1,587,248 $1,013,447
2018 $27,954 $2,549,701 $1,556,125 $993,576
2017 $28,311 $2,499,707 $1,525,612 $974,095
2016 $29,642 $2,450,694 $1,495,698 $954,996
2015 $29,448 $2,413,883 $1,473,231 $940,652
2014 $28,785 $2,366,599 $1,444,373 $922,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19095263

California Regional Multiple Listing Service (CRMLS)

APN: 478-171-20