NOT LISTED FOR SALE

Estimated Value: $8,480,000 - $9,685,984

5 Beds
4.5 Baths
4,350 Sq Ft
$2,116/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $8,500,000 $1,954 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $55,057/month

78 Days on Market

Highlights

  • Private Pool
  • Canyon View
  • Outdoor Fireplace
  • Newport Coast Elementary School Rated A
  • Clubhouse
  • Main Floor Primary Bedroom

About This Home

As of March 2024

Ideally situated at the end of a tranquil cul-de-sac street, 12 Clearview is one of the few examples of a newly renovated home in Pelican Ridge Estates. Boasting approx. 4300sqft of transitional living space, every corner of this estate has been remodeled. Upon entry, an 18 foot tall grand foyer welcomes guest with a level of grandeur expected in a custom Pelican home. Multiple sets of Bi-folding doors & windows create an open concept floor plan, seamlessly blending the indoor and outdoor spaces. The interior is highlighted by designer finishes such as custom milled cabinetry, Limestone and wood flooring, leathered quartzite countertops, and chef grade Dacor Appliances. Upstairs, the generously appointed master suite, complete with its own retreat, overlooks the rolling hillsides and glistening waters of the Pacific Ocean as its very own private backdrop. The spa-like master bathroom is complete with an oversized shower, spa tub, and a spacious walk-in closet. Three oversized secondary bedrooms, with custom milled closets, recessed LED lighting, and designer accent walls, provide accommodations throughout the upstairs, while a main floor bedroom allows for an ideal suite for in-laws or guests. The entertainer’s dream backyard is complete with salt water pool & spa with a Baja edge, expansive BBQ island, and covered outdoor seating, creating a resort like ambiance that rivals the best hotels across the globe. Immediate proximity to world class schools, local Dining + Shopping, and the unlimited beaches along the coastline, complete this move-in ready estate.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate Brokerage Phone: 714-865-5969 License #01317949 Listed on: 12/14/2023

Co-Listed By

Sahand Zargari

Luxe Real Estate Brokerage Phone: 714-865-5969 License #01985671

Last Buyer's Agent

Zhen Xu

Real Broker License #02215025

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,211

Year Built

  • Built in 1999

Lot Details

  • 9,750 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Canyon Views
  • Walk-In Pantry
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705132
  • $1,805 per year additional tax assessments

Community Details

Overview

  • Pelican Ridge Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Pelican Ridge Estates Subdivision
  • Foothills
  • Mountainous Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,211

Year Built

Built in 1999

Lot Details

0

HOA Fees

$485 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Sam Zargari
  • Other Phone Number: 949.444.3896
  • Property Attached: No
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705132
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4350.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1954.02
  • Room Type: Family Room, Great Room, Laundry, Living Room, Main Floor Primary Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Association

Exterior Features

  • View: Canyon
  • Pool Features: Private, Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Biking Trails, Hiking Trails, Clubhouse, Meeting Room, Guard, Security
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge
  • Phone: 800.428.5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Foothills, Hiking, Mountainous
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9750.00
  • Lot Size Acres: 0.2238

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 25
  • Tax Tract Number: 14037
  • TaxOtherAnnualAssessmentAmount: 1805.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 8, 2024
Sold by
Blue Kitty Llc
Bought by
Teo Hsiao-Ting
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Zhen Xu
Real Broker
List Price
$9,295,000
Sold Price
$8,500,000
Premium/Discount to List
-$795,000
-8.55%
Views
241
Current Estimated Value
$9,205,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,246
Avg. Annual Appreciation
5.31%

Purchase Details

Listed on
Dec 14, 2023
Closed on
Mar 5, 2024
Sold by
Yong Boon Meng
Bought by
Teo Lisiao-Ting
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Zhen Xu
Real Broker
List Price
$9,295,000
Sold Price
$8,500,000
Premium/Discount to List
-$795,000
-8.55%
Views
241

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 4, 2021
Sold by
Brighting Megan
Bought by
Blue Kitty Llc
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Chloe Wu
Universal Elite Inc.
List Price
$6,395,000
Sold Price
$6,150,000
Premium/Discount to List
-$245,000
-3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%

Purchase Details

Listed on
Jan 28, 2020
Closed on
Aug 10, 2020
Sold by
Brighting Ian Robert
Bought by
Brighting Megan
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Ian Brighting
Coldwell Banker Realty
List Price
$4,250,000
Sold Price
$3,850,000
Premium/Discount to List
-$400,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.56%

Purchase Details

Listed on
Jan 28, 2020
Closed on
Jul 17, 2020
Sold by
Kline Jon D and Kline Heather J
Bought by
Brighting Megan
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Ian Brighting
Coldwell Banker Realty
List Price
$4,250,000
Sold Price
$3,850,000
Premium/Discount to List
-$400,000
-9.41%

Purchase Details

Closed on
Mar 24, 2006
Sold by
Kline Jon and Kline Heather
Bought by
Kline Jon D and Kline Heather J

Purchase Details

Closed on
Jun 4, 2003
Sold by
Cooper John C and Cooper Amy J
Bought by
Kline Jon and Kline Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2001
Sold by
Cooper John C and Cooper Amy J
Bought by
Cooper John C and Cooper Amy J

Purchase Details

Closed on
Mar 21, 2000
Sold by
Ocean Ridge Ventures Lp
Bought by
Cooper John C and Cooper Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.37%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Irvine Community Development Company
Bought by
Ocean Ridge Ventures Lp
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
Teo Hsiao-Ting $8,500,000 California Best Title
Teo Lisiao-Ting -- California Best Title
Blue Kitty Llc $6,150,000 Ticor Title Company Of Ca
Brighting Megan -- Chicago Title Company
Brighting Megan $3,850,000 Chicago Title Company
Kline Jon D -- None Available
Kline Jon $2,075,000 Fidelity National Title Co
Cooper John C -- --
Cooper John C -- --
Cooper John C -- First American Title Ins Co
Ocean Ridge Ventures Lp -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Jon $1,000,000
Previous Owner Cooper John C $1,000,000
Closed Kline Jon $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $8,500,000 -5.4% $1,954 / Sq Ft
03/02/2024 03/02/24 Pending -- -- --
02/24/2024 02/24/24 Price Changed $8,988,000 -3.3% $2,066 / Sq Ft
12/14/2023 12/14/23 For Sale $9,295,000 +51.1% $2,137 / Sq Ft
09/13/2021 09/13/21 Sold $6,150,000 -3.8% $1,414 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $6,395,000 +66.1% $1,470 / Sq Ft
08/21/2020 08/21/20 Sold $3,850,000 -3.7% $885 / Sq Ft View Prior Sale
07/13/2020 07/13/20 Pending -- -- --
06/01/2020 06/01/20 Price Changed $3,998,000 -5.9% $919 / Sq Ft
01/28/2020 01/28/20 For Sale $4,250,000 -- $977 / 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 $69,211 $8,670,000 $7,096,778 $1,573,222
2024 $69,211 $6,398,460 $5,060,423 $1,338,037
2023 $67,606 $6,273,000 $4,961,199 $1,311,801
2022 $66,488 $6,150,000 $4,863,920 $1,286,080
2021 $41,202 $3,850,000 $2,578,533 $1,271,467
2020 $29,895 $2,751,061 $1,651,287 $1,099,774
2019 $29,463 $2,697,119 $1,618,909 $1,078,210
2018 $28,882 $2,644,235 $1,587,166 $1,057,069
2017 $29,337 $2,592,388 $1,556,045 $1,036,343
2016 $30,898 $2,541,557 $1,525,534 $1,016,023
2015 $30,694 $2,503,381 $1,502,619 $1,000,762
2014 $29,990 $2,454,344 $1,473,185 $981,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23221224

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-32