NOT LISTED FOR SALE

Estimated Value: $3,717,000 - $14,468,591

6 Beds
7.5 Baths
9,930 Sq Ft
$903/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $4,880,000 $491 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $53,130/month

37 Days on Market

Highlights

  • Wine Cellar
  • Gated with Attendant
  • Filtered Pool
  • Newport Coast Elementary School Rated A
  • Home Theater
  • Rooftop Deck

About This Home

As of May 2020

An amazing Pelican Hill opportunity awaits in Orange County’s most exclusive residential community. Customize and re-imagine this grand home of nearly 10,000 square feet, with a cul-de-sac location of over ½ acre. Its current design is well suited for resort style entertaining, and multi-generational living but this is your chance to make it your own. Currently, the main floor and upper level function like a traditional home which includes dual master suites, a library, formal living areas, spacious kitchen, large great room, and a rooftop observatory. The lower floor feels like a second home with an additional kitchen, living room, bedrooms, and separate laundry room. An infinity edge pool, spa and large private yard are accessed from the ground level and are viewed from several exterior patio decks throughout. Repairs are needed due to deferred maintenance and prior water intrusion. This property will not qualify for traditional financing.

Last Agent to Sell the Property

Tony Bartos

Pacific Sotheby's Int'l Realty License #01207153 Listed on: 03/17/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Jiake Wu

Northland Real Estate Group License #02053066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,897

Year Built

  • Built in 1998

Lot Details

  • 0.58 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • West Facing Home
  • Wrought Iron Fence
  • Drip System Landscaping
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Gated Parking

Property Views

  • Woods
  • Hills
  • Park or Greenbelt

Home Design

  • Mediterranean Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 9,930 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Casement Windows
  • Window Screens
  • Panel Doors
  • Formal Entry
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Living Room Balcony
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Library
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Fireplace in Bathroom
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Filtered Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa

Outdoor Features

  • Rooftop Deck
  • Slab Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 90
  • Tax Tract Number 14065
  • Assessor Parcel Number 47305118

Community Details

Overview

  • Pelican Hill Community Assoc. Association, Phone Number (949) 448-6092
  • First Service Residential Association, Phone Number (949) 448-6092

Recreation

  • Community Pool
  • Park
  • Water Sports
  • Hiking Trails

Additional Features

  • Community Barbecue Grill
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,897

Year Built

Built in 1998

Lot Details

0

HOA Fees

$926 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Pelican Hill (NCPH)
  • Architectural Style: Mediterranean
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47305118
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9930.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), High Ceilings, Living Room Balcony, Pantry, Recessed Lighting, Two Story Ceilings, Unfurnished, Wet Bar
  • Stories: 4
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Bath, Den, Master Bedroom, Gas, Gas Starter, Great Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 491.44
  • Room Type: Den, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Gunite, In Ground
  • Window Features: Casement Windows, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Hills, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Patio, Roof Top, Slab, Stone
  • Pool Features: Private, Filtered, Gunite, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Three Door, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Cooktop, Microwave, Range Hood, Refrigerator, Trash Compactor, Vented Exhaust Fan, Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Community Assoc.
  • Amenities: Pool, Barbecue, Guard, Security
  • Association Fee: 488.00
  • Association #2 Fee: 438.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Hill Community Assoc.
  • Phone: 949-448-6092
  • Association Phone #2: 949-448-6092
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Hiking, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service Residential
  • Association Management 2: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 25200.00
  • Lot Size Acres: 0.5785
  • Latitude Manual: 33.59959400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 25200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 90
  • Tax Tract Number: 14065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
May 13, 2020
Sold by
Jpmorgan Chase Bank National Association
Bought by
Zhou Ya and Jia Xiaoyan
Seller's Agent
Tony Bartos
Pacific Sotheby's Int'l Realty
Buyer's Agent
Jiake Wu
Northland Real Estate Group
List Price
$4,995,000
Sold Price
$4,880,000
Premium/Discount to List
-$115,000
-2.3%
Current Estimated Value
$8,967,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,087,898
Avg. Annual Appreciation
14.47%

Purchase Details

Closed on
Apr 24, 2019
Sold by
The Vrs Family Trust
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Nov 6, 2018
Sold by
Lohia Sushama D
Bought by
Shah Dinesh and Shah Suniti

Purchase Details

Listed on
Nov 11, 2014
Closed on
Nov 8, 2016
Sold by
Bayline Holding
Bought by
Exim Food Logistics & Services Inc and Janitorial Services & Distribution Inc
Seller's Agent
Jeremy Klein
Valley View Properties Inc
List Price
$5,200,000
Sold Price
$4,400,000
Premium/Discount to List
-$800,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Mar 24, 2014
Sold by
Shah Suniti
Bought by
Bayline Holding

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2005
Sold by
Shah Nash
Bought by
Shah Dinesh and Shah Suniti

Purchase Details

Closed on
May 16, 2005
Sold by
Far Horizon Investments Inc
Bought by
Shah Nash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,899,800
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 2004
Sold by
Shah Nash
Bought by
Far Horizon Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
5.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2004
Sold by
Varasi Corp
Bought by
Shah Nash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Mosesian Peter P
Bought by
Varasi Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 22, 2000
Sold by
Mosesian Kathy L
Bought by
Mosesian Peter P and Restatement Of Peter P Mosesian Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
8.53%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2000
Sold by
Kji Incorporated and Consult Loupot Consult
Bought by
Mosesian Peter P and Restatement Of Peter P Mosesian Living T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
8.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 3, 1997
Sold by
Herron Jack L and Loupot Floyd E
Bought by
Kji Inc and Floyd Loupot Consultants Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.54%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Zhou Ya $4,880,000 Ticor Title Company Of Ca
Jpmorgan Chase Bank National Association $5,999,000 Accommodation
Shah Dinesh -- None Available
Exim Food Logistics & Services Inc -- None Available
Bayline Holding -- None Available
Shah Dinesh -- --
Shah Nash -- --
Far Horizon Investments Inc -- Old Republic Title Company
Shah Nash $3,650,000 California Title Company
Varasi Corp -- California Title Company
Mosesian Peter P -- Stewart Title
Mosesian Peter P -- Stewart Title
Kji Inc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayline Holding $180,000
Previous Owner Shah Nash $2,500,000
Previous Owner Varasi Corp $3,300,000
Previous Owner Mosesian Peter P $800,000
Previous Owner Kji Inc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $4,880,000 -2.3% $491 / Sq Ft
04/23/2020 04/23/20 For Sale $4,995,000 +2.4% $503 / Sq Ft
04/17/2020 04/17/20 Off Market $4,880,000 -- --
03/17/2020 03/17/20 For Sale $4,995,000 +13.5% $503 / Sq Ft
11/10/2016 11/10/16 Sold $4,400,000 -15.4% $592 / Sq Ft
03/03/2015 03/03/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $5,200,000 -- $699 / 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 $55,897 $5,336,991 $1,634,799 $3,702,192
2024 $55,897 $5,232,345 $1,602,745 $3,629,600
2023 $54,674 $5,129,750 $1,571,318 $3,558,432
2022 $53,771 $5,029,167 $1,540,508 $3,488,659
2021 $52,253 $4,930,556 $1,510,302 $3,420,254
2020 $82,565 $7,668,179 $4,598,540 $3,069,639
2019 $81,028 $7,517,823 $4,508,373 $3,009,450
2018 $79,108 $7,341,997 $4,390,324 $2,951,673
2017 $78,720 $7,198,037 $4,304,239 $2,893,798
2016 $80,163 $7,140,717 $4,232,592 $2,908,125
2015 $60,726 $5,295,087 $2,653,203 $2,641,884
2014 -- $5,191,364 $2,601,230 $2,590,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20058908

California Regional Multiple Listing Service (CRMLS)

APN: 473-051-18