NOT LISTED FOR SALE

Estimated Value: $7,770,000 - $8,991,452

4 Beds
4.5 Baths
4,500 Sq Ft
$1,894/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $5,250,000 $1,167 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $53,341/month

92 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Spa
  • 5-minute walk to Coastal Canyon Park

About This Home

As of October 2018

This is your opportunity to be in the highly sought-after guard gated community of Perazul in Newport Coast. Perched at the top of Newport Coast with stunning panoramic front views from Catalina to Los Angeles from both levels. This residence underwent a 1-year contemporary transformation in 2016-2017 which included many high-end finishes. Entering the front courtyard, you see coastline and city views through walls of glass. The 4,500 square foot home features 4 Bedrooms (including a very desirable main floor bedroom) and 4.5 baths, a large teen room and a very spacious 3 car garage. The expansive master suite boasts panoramic views, a large retreat. The master bathroom has a new air tub and large walk in shower. Also, on the second level are 2 additional bedroom suites on each side of the teen room. The kitchen has been completely reconfigured and includes Viking appliances, new bi-fold pass through windows and bi-fold doors, new cabinetry and countertops and wine refrigeration. The kitchen opens up to the adjacent family room which also has additional bi-fold doors. Both rooms open to the heated outdoor California/living room complete with speakers, TV enclosure and electric curtains. This amazing home has many great features including solar panels, 3 fireplaces, custom barbecue area and 3 courtyards. This is truly a must see!

Last Agent to Sell the Property

Marcus Gualter

Coldwell Banker Realty License #01079157 Listed on: 06/11/2018

Coldwell Banker Realty

Last Buyer's Agent

Qian Meng

JC Pacific Capital Inc. License #01869717

JC Pacific Capital Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,122

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Glass Fence
  • Block Wall Fence
  • Back Yard

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Back Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Views of a landmark
  • Canyon
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Balcony
  • Concrete Porch or Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 15394
  • Assessor Parcel Number 47817148

Community Details

Overview

  • Newport Coast Community Association, Phone Number (800) 428-5588
  • Ocean Heights Maintenance Association
  • Built by Taylor Woodrow Homes, Inc

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,122

Year Built

Built in 1999

Lot Details

0

HOA Fees

$622 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47817148
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4500.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Vacuum Central
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Outside, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1166.67
  • Room Type: Bonus Room, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Walk-In Closet
  • Spa Features: Association, Community
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Back Bay, Canyon, Catalina, City Lights, Coastline, Harbor, Landmark, Mountain(s), Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Block, Glass
  • Builder Name: Taylor Woodrow Homes, Inc
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Dishwasher, Double Oven, Disposal, Microwave, Refrigerator, Water Softener
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Ocean Heights Maintenance
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Tennis Court(s), Clubhouse, Guard
  • Association Fee: 347.00
  • Association #2 Fee: 275.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Newport Coast Community
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

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, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12079.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 98
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 7
  • Tax Tract: Perazul
  • Tax Tract Number: 15394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Ying Shuai and Ying Rui
Bought by
Shuai Ying And Rui Dai Trust and Ying
Current Estimated Value
$8,683,313

Purchase Details

Listed on
Jun 11, 2018
Closed on
Oct 10, 2018
Sold by
Yuet Hoi International Ltd
Bought by
Ying Shuai and Dai Rui
Seller's Agent
Marcus Gualter
Coldwell Banker Realty
Buyer's Agent
Qian Meng
JC Pacific Capital Inc.
List Price
$5,600,000
Sold Price
$5,250,000
Premium/Discount to List
-$350,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Oct 9, 2016
Closed on
Jan 20, 2017
Sold by
Providence Rubino Llc
Bought by
Yuet Hoi International Shipping Ltd
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Marcus Gualter
Coldwell Banker Realty
List Price
$5,250,000
Sold Price
$5,025,000
Premium/Discount to List
-$225,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%

Purchase Details

Listed on
May 12, 2015
Closed on
May 14, 2015
Sold by
Fallahi Siavash and Tabai Sepideh B
Bought by
Providence Rubino Llc
Seller's Agent
Soheila Shirazi
Surterre Properties Inc
Buyer's Agent
Jason C Bradshaw
Coldwell Banker Realty
List Price
$4,550,000
Sold Price
$4,162,500
Premium/Discount to List
-$387,500
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.57%

Purchase Details

Closed on
Nov 8, 2008
Sold by
Fallahi Siavash and Tabai Sepideh B
Bought by
Fallahi Siavash and Tabai Sepideh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2008
Sold by
Fallahi Siavash and Tabai Sepideh B
Bought by
Fallahi Siavash and Tabai Sepideh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2001
Sold by
Fallahi Siavash
Bought by
Fallahi Siavash and Tabai Sepideh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.73%

Purchase Details

Closed on
Nov 6, 2001
Sold by
Fallahi Siavash and Tabai Sepideh B
Bought by
Fallahi Siavash and Tabai Sepideh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.73%

Purchase Details

Closed on
Feb 16, 2001
Sold by
Fallahi Siavash and Tabai Sepideh B
Bought by
Fallahi Siavash and Tabai Sepideh B

Purchase Details

Closed on
Nov 22, 2000
Sold by
Taylor Woodrow Homes Inc
Bought by
Fallahi Siavash and Tabai Sepideh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

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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
Shuai Ying And Rui Dai Trust -- None Listed On Document
Ying Shuai $5,250,000 First American Title Co
Yuet Hoi International Shipping Ltd $5,025,000 Ticor Title Company
Providence Rubino Llc $4,162,500 Ticor Title Tustin Orange Co
Fallahi Siavash -- Accommodation
Fallahi Siavash -- California Title Company
Fallahi Siavash -- First American Title Co
Fallahi Siavash -- Chicago Title Co
Fallahi Siavash -- Chicago Title Co
Fallahi Siavash -- --
Fallahi Siavash -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fallahi Siavash $417,000
Previous Owner Fallahi Siavash $452,000
Previous Owner Fallahi Siavash $400,000
Previous Owner Fallahi Siavash $500,000
Previous Owner Fallahi Siavash $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $5,250,000 -4.5% $1,167 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $5,500,000 -1.8% $1,222 / Sq Ft
06/11/2018 06/11/18 For Sale $5,600,000 +11.4% $1,244 / Sq Ft
03/13/2017 03/13/17 Sold $5,025,000 -4.3% $1,117 / Sq Ft
01/18/2017 01/18/17 Pending -- -- --
10/09/2016 10/09/16 For Sale $5,250,000 +26.1% $1,167 / Sq Ft
06/23/2015 06/23/15 Sold $4,162,500 -3.2% $946 / Sq Ft
05/09/2015 05/09/15 Pending -- -- --
02/11/2015 02/11/15 Price Changed $4,299,000 -5.5% $977 / Sq Ft
11/28/2014 11/28/14 For Sale $4,550,000 -- $1,034 / 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
2025 $62,122 $5,856,472 $4,516,084 $1,340,388
2024 $62,122 $5,741,640 $4,427,534 $1,314,106
2023 $60,682 $5,629,059 $4,340,719 $1,288,340
2022 $59,678 $5,518,686 $4,255,607 $1,263,079
2021 $57,969 $5,410,477 $4,172,164 $1,238,313
2020 $58,078 $5,355,000 $4,129,384 $1,225,616
2019 $57,055 $5,250,000 $4,048,415 $1,201,585
2018 $55,704 $5,125,500 $3,993,561 $1,131,939
2017 $47,837 $4,310,497 $3,173,345 $1,137,152
2016 $48,727 $4,225,978 $3,111,123 $1,114,855
2015 $26,175 $2,118,236 $1,193,225 $925,011
2014 -- $2,076,743 $1,169,851 $906,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18128678

California Regional Multiple Listing Service (CRMLS)

APN: 478-171-48