NOT LISTED FOR SALE

11 Observatory Newport Coast, CA 92657

Newport Coast Neighborhood

Estimated Value: $4,794,000 - $6,452,000

5 Beds
5 Baths
3,912 Sq Ft
$1,484/Sq Ft Est. Value

Last Sold April 04, 2016

Last sale price $2,900,000 $741 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $35,765/month

About This Home

As of April 2016

Located in the highly sought after Guard Gated community of Pacific Ridge,this 5 bed, 4 1/2 bath Cypress Plan 3 is one of the finest examples of a newly updated home offering a transitional theme melding a light and bright resort style concept that is perfectly balanced for elegant coastal living. Take in all of the exquisite lush landscaping and hardscape details as you enter through the private courtyard which boasts a custom entry door and main floor private casita. Skylights flood the foyer with natural light and bespoke finishes like herringbone hardwood floors, wrought iron stair-rail, wainscoting paneling, and solid wood beamed ceilings. Granite & limestone counter tops, large center island, Wolf & Viking appliances, & Meile cappuccino machine round out the Chef`s kitchen which opens up to the adjoining family room.Designer finishes throughout and resort style pool backyard complete with covered loggia, outdoor fireplace, entertainers BBQ island, & pizza oven make this an ideal estate.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Yi Zhang
Bought by
C & R Living Trust
Current Estimated Value
$5,807,306

Purchase Details

Listed on
Jan 11, 2016
Closed on
Feb 24, 2016
Sold by
Nakhla Tony N
Bought by
Zhang Yi
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Qiang Zhang
HARVEST REALTY DEVELOPMENT
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$990,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2016
Closed on
Feb 10, 2016
Sold by
Li Qiang
Bought by
Zhang Yi
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Qiang Zhang
HARVEST REALTY DEVELOPMENT
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 3, 2012
Sold by
Fishman Sidney M
Bought by
Nakhla Tony N
Seller's Agent
Heather Saito
Compass
Buyer's Agent
Michael Sharobiem
M Real Estate Group
List Price
$2,499,000
Sold Price
$2,225,000
Premium/Discount to List
-$274,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$1,780,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Fishman Sidney M and Fishman Marilyn
Bought by
Fishman Sidney M and Fishman Marilyn

Purchase Details

Closed on
Mar 25, 2005
Sold by
Taylor Woodrow Homes Inc
Bought by
Fishman Sidney M and Fishman Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,536,182
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
C & R Living Trust -- --
Zhang Yi $2,900,000 Chicago Title Company
Zhang Yi -- Chicago Title Company
Nakhla Tony N $2,225,000 Lawyers Title
Fishman Sidney M -- None Available
Fishman Sidney M $2,195,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhang Yi $887,007
Previous Owner Zhang Yi $990,000
Previous Owner Nakhla Tony N $1,780,000
Previous Owner Fishman Sidney M $300,000
Previous Owner Fishman Sidney M $1,800,000
Previous Owner Fishman Sidney M $300,000
Previous Owner Fishman Sidney M $179,152
Previous Owner Fishman Sidney M $1,536,182
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Rented $8,500 0.0% --
05/19/2020 05/19/20 Under Contract -- -- --
05/08/2020 05/08/20 For Rent $8,500 0.0% --
12/07/2016 12/07/16 Rented $8,500 -22.7% --
11/14/2016 11/14/16 For Rent $11,000 0.0% --
04/04/2016 04/04/16 Sold $2,900,000 -3.2% $741 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $2,995,000 +34.6% $766 / Sq Ft
06/29/2012 06/29/12 Sold $2,225,000 -11.0% $581 / Sq Ft
04/19/2012 04/19/12 For Sale $2,499,000 -- $652 / Sq Ft

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 $39,856 $3,365,698 $2,324,989 $1,040,709
2023 $39,093 $3,299,704 $2,279,401 $1,020,303
2022 $37,996 $3,235,004 $2,234,706 $1,000,298
2021 $37,405 $3,171,573 $2,190,888 $980,685
2020 $37,354 $3,139,053 $2,168,423 $970,630
2019 $37,328 $3,077,503 $2,125,904 $951,599
2018 $36,708 $3,017,160 $2,084,219 $932,941
2017 $37,011 $2,958,000 $2,043,351 $914,649
2016 $29,881 $2,360,814 $1,468,063 $892,751
2015 $28,924 $2,325,353 $1,446,011 $879,342
2014 $28,301 $2,279,803 $1,417,686 $862,117
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Wei Li

    HARVEST REALTY DEVELOPMENT

    (626) 593-7456

    Section Image
  • Lida Dong

    Seller's Agent in 2016

    Lida Dong

    HARVEST REALTY DEVELOPMENT

    (626) 203-2877

    43 Total Sales

    Lida Dong
    Section Image
  • Paul Daftarian

    Seller's Agent in 2016

    Paul Daftarian

    Luxe Real Estate

    (714) 865-5969

    93 in this area

    247 Total Sales

    Paul Daftarian
    Section Image
  • Lili Daftarian

    Seller Co-Listing Agent in 2016

    Lili Daftarian

    Luxe Real Estate

    (949) 929-9462

    1 Total Sale

    Lili Daftarian
    Section Image
  • Gil Wenck

    Buyer's Agent in 2016

    Gil Wenck

    SolTerra Estates & Lending Inc

    (949) 887-3505

    6 in this area

    39 Total Sales

    Gil Wenck
    Section Image
  • Qiang Zhang

    Buyer's Agent in 2016

    Qiang Zhang

    HARVEST REALTY DEVELOPMENT

    (626) 203-2877

    187 Total Sales

    Qiang Zhang
    Section Image
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Map

California Orange County Newport Coast 92657 Newport Coast

11 Observatory, Newport Coast, CA

This home is located at 11 Observatory, Newport Coast, CA 92657 and is currently estimated at $5,807,306, approximately $1,484 per square foot. 11 Observatory is a home located in Orange County with nearby schools including Newport Coast Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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