NOT LISTED FOR SALE

Estimated Value: $5,406,000 - $6,140,000

5 Beds
5.5 Baths
5,553 Sq Ft
$1,047/Sq Ft Est. Value

Last Sold April 24, 2019

Last sale price $3,554,883 $640 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $35,457/month

288 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • In Ground Pool
  • Marblehead Elementary School Rated A-
  • New Construction
  • Primary Bedroom Suite

About This Home

As of April 2019

Brand new and under construction, facing towards Catalina Island and the Pacific Ocean sunsets, step through your entryway, feel the cooling ocean breeze surround you, and breathe deep: its ocean air. From the moment you walk outside, through the 20 feet wide stacking Great Room doors, with no home located directly behind you, you realize you are sitting atop a Coastal nature preserve with all the sounds of Nature, and enjoying the commanding expanse of the Pacific beyond you. The Outdoor Room, or the Master Bedroom Outdoor Terrace, are the perfect places for leisurely morning coffee or ending the day, watching the sunset. Ready for occupancy in late 2018 or early 2019, there’s a wide spectrum of luxury enhancements that you still have the opportunity to choose from, to personalize your new home. Your Chef’s Kitchen boasts a 48-inch Wolf® cooktop, and an over-sized Island & launch. The temperature-controlled wine room is nearby. Own one of the last homes available in Indigo, Sea Summit’s luxury coastal-close community. The expansive Sea Summit walking trails are just steps away, where you can enjoy over 4 miles of meandering pathways that run along canyons and ocean bluffs, ideal for outdoor walking enthusiasts, runners, and dog walkers. Get your heart pumping, or take a meditative walk to the Ocean! Built with Taylor Morrison quality, this is a home to be proud of. Photos displayed are of the Model Home: actual home is under construction.

Last Agent to Sell the Property

Nicole Murray

TM California Services, Inc. License #01804226 Listed on: 04/14/2018

Last Buyer's Agent

Jennifer Wetzel

Beach Cities Real Estate License #01366630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,007

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 9,383 Sq Ft Lot
  • Cul-De-Sac
  • Glass Fence
  • Block Wall Fence
  • Level Lot
  • Irregular Lot
  • Sprinkler System
  • Density is 2-5 Units/Acre

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline

Home Design

  • Clay Roof

Interior Spaces

  • 5,553 Sq Ft Home
  • Open Floorplan
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Six Burner Stove
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Bathtub

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Marblehead Elementary School
  • Shorecliff Middle School
  • San Clemente High School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 118
  • Tax Tract Number 8817

Community Details

Overview

  • Sea Summit Association, Phone Number (949) 269-2218
  • Built by Taylor Morrison
  • Residence 3
  • Property is near a preserve or public land

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,007

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$215 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Indigo
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5553.00 Square Feet
  • Interior Amenities: Balcony, Coffered Ceiling(s), High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Unfurnished
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 640.17
  • Room Type: Entry, Great Room, Kitchen, Laundry, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Pantry
  • Spa Features: Association, Heated, In Ground
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: Coastline, Ocean, Water
  • Fence: Yes
  • Fencing: Block, Glass
  • Builder Name: Taylor Morrison
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Clay
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Microwave, Tankless Water Heater, Water Line to Refrigerator
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned, Electric, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Hiking Trails, Gym/Ex Room, Clubhouse, Banquet Facilities
  • Association Fee: 215.00
  • Association Fee Frequency: Monthly
  • Association Name: Sea Summit
  • Phone: 949-269-2218
  • Senior Community: No
  • Community Features: Curbs, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Marblehead
  • Middle School: Shorecliff
  • High School: San Clemente
  • Elementary School: Marblehead
  • High School: San Clemente
  • Middle Or Junior School: Shorecliff
  • Elementary School #2: MARBLE
  • High School2: SANCLE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Irregular Lot, Level, Sprinkler System
  • Lot Size Sq Ft: 9383.00
  • Lot Size Acres: 0.2154
  • Latitude Manual: 33.43864400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9383.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 118
  • Tax Tract Number: 8817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Marblehead Development Partners Llc
Bought by
The Alavi Management Trust
Current Estimated Value
$5,814,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
The Alavi Management Trust $3,555,000 Fntg Builder Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Alavi Management Trust $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2019 04/24/19 Sold $3,554,883 -2.1% $640 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
12/09/2018 12/09/18 Price Changed $3,629,608 0.0% $654 / Sq Ft
12/09/2018 12/09/18 For Sale $3,629,608 +5.8% $654 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
04/14/2018 04/14/18 For Sale $3,431,775 -- $618 / 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 $53,007 $4,020,035 $2,241,915 $1,778,120
2024 $53,007 $3,941,211 $2,197,956 $1,743,255
2023 $52,923 $3,863,933 $2,154,859 $1,709,074
2022 $51,877 $3,788,170 $2,112,607 $1,675,563
2021 $50,312 $3,663,493 $2,071,184 $1,592,309
2020 $49,732 $3,625,929 $2,049,947 $1,575,982
2019 $34,108 $2,036,136 $1,092,978 $943,158
2018 $25,438 $1,071,548 $1,071,548 $0
2017 $20,502 $1,050,538 $1,050,538 $0
2016 $21,949 $1,029,940 $1,029,940 $0
2015 $10,281 $1,014,470 $1,014,470 $0
2014 $7,626 $751,796 $751,796 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18085879

California Regional Multiple Listing Service (CRMLS)

APN: 691-435-13