NOT LISTED FOR SALE

Estimated Value: $4,396,000 - $16,666,563

5 Beds
6.5 Baths
8,077 Sq Ft
$1,216/Sq Ft Est. Value

Last Sold May 10, 2016

Last sale price $7,300,000 $904 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $62,778/month

109 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • In Ground Pool
  • Newport Coast Elementary School Rated A
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of May 2016

Incredible opportunity awaits with this stunning guard-gated Pelican Crest estate set on an extra large flat lot with expansive views and partial ocean view. An exceptional property both inside and out, the timeless elegance comes alive with the luxurious finishes throughout and the finest in custom craftsmanship.The interior is rich in details from the custom moldings to the Baccarat chandeliers; and to the exquisite iron work and bold use of stone. Upon entrance, experience the grandeur with the dual staircase, marble flooring and hand painted walls. Perfectly set on the lot, the front offers a gated auto court with four car garage and a walking veranda with the rear of the home encompassing the ultimate in luxury getaway with an outdoor "California Room", pool, spa, fire pit, built-in barbecue and expansive terrace spaces. Situated as the best value in Pelican Hill and Crest, this truly is a must see.

Last Listed By

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996 Listed on: 11/06/2015

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,949

Year Built

  • Built in 2000

Lot Details

  • 0.63 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Front Yard

HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway
  • Gated Parking

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 8,077 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library
  • Loft
  • Bonus Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch
  • Fireplace in Patio
  • Arizona Room
  • Terrace

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 15105
  • Assessor Parcel Number 47308334

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,949

Year Built

Built in 2000

Lot Details

0

HOA Fees

$735 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47308334
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8077.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Wet Bar
  • Common Walls: No Common Walls
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Patio
  • Levels: Two
  • Price Per Square Foot: 903.80
  • Room Type: Bonus Room, Den, Dressing Area, Entry, Formal Entry, Guest/Maid's Quarters, Great Room, Loft, Library, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Separate Family Room, Office
  • Spa Features: In Ground
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Ocean, Panoramic
  • Patio And Porch Features: Arizona Room, Covered, Deck, Patio, Terrace, Tile
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Gated
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central, Zoned
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 485.00
  • Association #2 Fee: 250.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Cul-De-Sac, Front Yard, Level, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 27238.00
  • Price Per Lot Square Foot: 268.01
  • Lot Size Acres: 0.6250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27238.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 15105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2016
Sold by
Sani William H and Sani Renu W
Bought by
Ma Zhihui and Xue Lina
Total Days on Market
109
Current Estimated Value
$9,823,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,050,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sani William H and Sani Renu W
Bought by
Sani William H and Sani Renu W

Purchase Details

Closed on
Aug 14, 2002
Sold by
Azrak M Wadah
Bought by
Sani William H and Sani Renu W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,405,000
Interest Rate
5.2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 19, 2000
Sold by
Azrak M Wadah
Bought by
Azrak M Wadah and M Wadah Azrak Living Trust

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
8.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2000
Sold by
Azrak Suhaila R
Bought by
Azrak M Wadah

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
8.27%
Mortgage Type
Credit Line Revolving

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
Ma Zhihui $7,300,000 Fidelity National Title Co
Sani William H -- --
Sani William H -- --
Azrak M Wadah -- --
Azrak M Wadah -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Zhihui $3,000,000
Open Ma Zhihui $5,000,000
Closed Ma Zhihui $3,500,000
Previous Owner Ma Zhihui $3,050,000
Previous Owner Sani William H $1,177,000
Previous Owner Sani William H $1,900,000
Previous Owner Sani William H $1,500,000
Previous Owner Sani William H $2,405,000
Previous Owner Azrak Suhaila R $90,000
Previous Owner Azrak M Wadah $500,000
Previous Owner Azrak M Wadah $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2016 05/10/16 Sold $7,300,000 -14.1% $904 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $8,500,000 -- $1,052 / 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
2024 $90,949 $8,472,276 $5,039,384 $3,432,892
2023 $88,914 $8,306,153 $4,940,572 $3,365,581
2022 $87,447 $8,143,288 $4,843,698 $3,299,590
2021 $85,152 $7,983,616 $4,748,723 $3,234,893
2020 $85,051 $7,901,754 $4,700,030 $3,201,724
2019 $83,462 $7,746,818 $4,607,872 $3,138,946
2018 $81,800 $7,594,920 $4,517,521 $3,077,399
2017 $81,126 $7,446,000 $4,428,942 $3,017,058
2016 $53,312 $4,526,840 $2,152,942 $2,373,898
2015 $52,918 $4,458,843 $2,120,603 $2,338,240
2014 $51,683 $4,371,501 $2,079,063 $2,292,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15241252

California Regional Multiple Listing Service (CRMLS)

APN: 473-083-34