NOT LISTED FOR SALE

Estimated Value: $6,562,000 - $8,203,000

5 Beds
4.5 Baths
5,205 Sq Ft
$1,421/Sq Ft Est. Value

Last Sold May 20, 2014

Last sale price $3,875,000 $744 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $44,009/month

91 Days on Market

Highlights

  • Ocean View
  • Solar Heated In Ground Pool
  • Solar Power System
  • Newport Heights Elementary Rated A
  • Sauna
  • 5-minute walk to Kings Road Park

About This Home

As of May 2014

Phenomenal home at the top of Kings Road with stunning 180 degree views. Designer exotic wood and glass front entry, with matching garage door. Gourmet kitchen with 6 burner Thermador stove & double oven, SubZero refrigerator, Bosch dishwasher, & large center island. Bottle Free Water System installed throughout. Entertainer's dream with amazing views from kitchen, dining & living rooms. Theater atmosphere in great room with built in 60' LCD TV & surround sound. 5th bedroom used as an office with built in cabinets and marble counters. Radiant heating in 4 of the bedrooms and master bathroom. Elevator with access to all 3 floors - makes bringing in groceries a snap! Closed circuit security system connected to TV's. Designed for the lifetime athlete with swim jet in the pool, spa, work out room in garage, holistic infrared sauna, & an ice plunge to rejuvenate fatigued muscles. This is a definite Must See!

Last Agent to Sell the Property

Rob Norquist

Compass License #01118831 Listed on: 02/11/2014

Compass

Co-Listed By

Tina Twite-Chin

Pacific Coast Real Estate Group License #01427355

Last Buyer's Agent

Flo Bullock

Bullock Russell RE Services License #01343119

Bullock Russell RE Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,361

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 7,083 Sq Ft Lot
  • Lot Dimensions are 65x108
  • Back Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Craftsman Architecture
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,205 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Entrance Foyer
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Sauna
  • Home Gym
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Range Hood
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa
  • Solar Heated Spa

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Radiant Heating System
  • 220 Volts in Garage
  • Water Purifier
  • Sewer Paid

Additional Features

  • Accessible Elevator Installed
  • Solar Power System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 6 / G
  • Tax Tract Number 1219
  • Assessor Parcel Number 04921124

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,361

Year Built

Built in 1997 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • Security: Fire Sprinkler System, Fire and Smoke Detection System, Closed Circuit Camera(s), Security System
  • Subdivision Name Other: Kings Road (KGRD)
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04921124
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5205.00
  • Interior Amenities: Balcony, Elevator, Granite Counters, High Ceilings, Recessed Lighting, Storage, Tandem
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 744.48
  • Room Type: Basement, Den, Foyer, Great Room, Exercise Room, Living Room
  • Spa Features: In Ground, Private, Solar Heated
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Front Porch, Rear Porch, Patio
  • Pool Features: In Ground, Private, Solar Heat
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Oversized
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood, Refrigerator, Water Purifier
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air, Radiant
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Newport Mesa Unified

Green Features

  • Green Power: Solar

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size: 65x108
  • Lot Size Sq Ft: 7083.00
  • Lot Size Acres: 0.1630

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7083.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Lot: 6
  • Tax Tract Number: 1219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Schaison Philippe and Schaison Isabelle
Bought by
Schaison Isabelle and Schaison Philippe
Current Estimated Value
$7,394,505

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 21, 2014
Sold by
Klinsmann Juergen and Klinsman Debbie
Bought by
Schaison Philippe and Schaison Isabelie
Seller's Agent
Rob Norquist
Compass
Buyer's Agent
Flo Bullock
Bullock Russell RE Services
List Price
$4,499,000
Sold Price
$3,875,000
Premium/Discount to List
-$624,000
-13.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,500,000
Outstanding Balance
$1,148,611
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$6,245,894

Purchase Details

Closed on
Jul 29, 2005
Sold by
Klinsmann Juergen and Klinsmann Debbie
Bought by
Klinsmann Juergen and Klinsmann Debbie

Purchase Details

Closed on
Jan 5, 2005
Sold by
Chin Debbie
Bought by
Klinsmann Juergen and Klinsmann Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Nicolas Clemence and Nicolas Ruth
Bought by
Chin Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 1995
Sold by
White Glenn J and Larson Joann M
Bought by
Clemence Nicolas and Clemence Ruth P

Purchase Details

Closed on
Mar 31, 1994
Sold by
Luithle Walter E
Bought by
Clemence Nicolas and Clemence Ruth Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.62%

Purchase Details

Closed on
Jan 7, 1994
Sold by
Vision Sports Holding Corp
Bought by
Luithle Walter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
7.21%

Purchase Details

Closed on
Nov 9, 1993
Sold by
Dorfman Louis Bradley
Bought by
Vision Sports Holding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
7.21%
Source: Public Records

Range of Values:

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Average Value
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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
Schaison Isabelle -- None Available
Schaison Philippe $3,875,000 North American Title Co Inc
Klinsmann Juergen -- --
Klinsmann Juergen -- Ticor Title
Chin Debbie -- Stewart Title
Clemence Nicolas -- Fidelity National Title Ins
Clemence Nicolas $585,000 Fidelity National Title Ins
Luithle Walter E $550,000 Fidelity National Title Ins
Vision Sports Holding Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaison Philippe $1,500,000
Previous Owner Klinsmann Juergen $2,200,000
Previous Owner Clemence Nicolas $350,000
Previous Owner Clemence Nicholas $350,000
Previous Owner Clemence Nicholas $350,000
Previous Owner Clemence Nicolas $468,000
Previous Owner Luithle Walter E $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $3,875,000 0.0% $744 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
05/01/2014 05/01/14 Off Market $3,875,000 -- --
02/11/2014 02/11/14 For Sale $4,499,000 -- $864 / 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 $48,361 $4,657,075 $3,273,167 $1,383,908
2024 $48,361 $4,565,760 $3,208,987 $1,356,773
2023 $41,544 $3,933,752 $2,685,272 $1,248,480
2022 $40,858 $3,856,620 $2,632,620 $1,224,000
2021 $40,072 $3,781,000 $2,581,000 $1,200,000
2020 $41,348 $3,900,000 $2,700,000 $1,200,000
2019 $41,288 $3,900,000 $2,700,000 $1,200,000
2018 $44,153 $4,174,807 $2,934,208 $1,240,599
2017 $43,369 $4,092,949 $2,876,675 $1,216,274
2016 $42,389 $4,012,696 $2,820,270 $1,192,426
2015 $41,992 $3,952,422 $2,777,907 $1,174,515
2014 $33,137 $3,127,131 $2,229,745 $897,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14029680

California Regional Multiple Listing Service (CRMLS)

APN: 049-211-24