Seller's Agent in 2023
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
3 in this area
596 Total Sales
12 Tidal Surf Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $4,772,000 - $5,940,781
3
Beds
3.5
Baths
3,421
Sq Ft
$1,589/Sq Ft
Est. Value
Highlights
- Ocean View
- 24-Hour Security
- Primary Bedroom Suite
- Newport Coast Elementary School Rated A
- Heated In Ground Pool
- 1-minute walk to Los Trancos Canyon View Park
About This Home
As of April 2023Behind the guard gates of Pelican Ridge in Newport Coast sits this newly imagined estate. This superb parcel of nearly 6,500 sq ft presents a thoughtfully designed residence with sit-down ocean views from almost every room as well as exceptionally lush, private grounds. Reimagined in 2021 by Newport Beach based Leo Parrella Design Group, the property is an articulation of relaxed elegance. With an acute attention to detail, the accommodating living space includes 3 bedrooms, 4 baths. The appointments include all natural marbles & limestones surfaces, intricately laid hardwoods; designer lighting & plumbing fixtures, hardware, wall coverings & furnishings. Custom millwork, Professional-grade appliances & electronics from Subzero, Wolf, Mr Steam & Sony. New plumbing, electrical, HVAC as well as SmartHome technology for security & automation. The exterior environment enveloped by 110 mature privet trees afford splendid seclusion whilst evoking a saltwater pool & spa, a sun terrace & covered pool lounge; a fully equipped outdoor kitchen with Wolf grill & pizza oven, a banked edge 3-hole putting green & a European-style garden with yielding fruit trees. With its exceptional attributes, its desirable community location & walking steps to The Pelican Hill Resort, this extraordinary property is aspirational living at its best.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01024996 Listed on: 11/01/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,809
Year Built
- Built in 1998
Lot Details
- 6,456 Sq Ft Lot
- Property fronts a private road
- Density is up to 1 Unit/Acre
HOA Fees
Parking
- 3 Car Attached Garage
- 2 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Driveway Level
- Automatic Gate
Property Views
- Ocean
- Catalina
- Panoramic
- Canyon
Home Design
- Turnkey
- Planned Development
Interior Spaces
- 3,421 Sq Ft Home
- Wet Bar
- Wired For Sound
- Built-In Features
- Bar
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Entryway
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Attached Deck
- Den
- Bonus Room
- Storage
- Wood Flooring
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Self-Closing Drawers and Cabinet Doors
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Multi-Level Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
- Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors swing in
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
Outdoor Features
- Ocean Side of Freeway
- Living Room Balcony
- Covered Patio or Porch
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 42
- Tax Tract Number 14859
- Assessor Parcel Number 47713131
- $371 per year additional tax assessments
Community Details
Overview
- Newport Coast Master Association, Phone Number (949) 582-7770
- Pelican Ridge Association
- Pelican Ridge Subdivision
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Park
- Bike Trail
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2022
Closed on
Apr 13, 2023
Sold by
Parrella Strickland 2020 Trust and Parrella Leonard
Bought by
Tidal Surf Trust and Albus
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Justin Shokoor
eXp Realty of California, Inc.
List Price
$5,495,000
Sold Price
$4,500,000
Premium/Discount to List
-$995,000
-18.11%
Views
119
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,195
Avg. Annual Appreciation
8.08%
Original Mortgage
$3,150,000
Outstanding Balance
$3,071,860
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,363,335
Purchase Details
Listed on
May 6, 2020
Closed on
Nov 30, 2020
Sold by
Sullivan Michele R and The Michele R Sullivan 2012 Re
Bought by
Parrella Leonard and Strickland Steven
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$2,995,000
Sold Price
$2,600,000
Premium/Discount to List
-$395,000
-13.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.92%
Original Mortgage
$885,000
Interest Rate
2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 27, 2012
Sold by
Sullivan Michele R
Bought by
Sullivan Michele R and Michele R Sullivan 2012 Revocable Trust
Purchase Details
Closed on
Jan 20, 2009
Sold by
Sullivan John L
Bought by
Sullivan Michelle R
Purchase Details
Closed on
Jan 17, 2001
Sold by
Sullivan Laura M
Bought by
Sullivan John L
Purchase Details
Closed on
Oct 12, 2000
Sold by
Matsumoto Shunji and Matsumoto Yoriko
Bought by
Sullivan John L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.54%
Purchase Details
Closed on
Mar 12, 1999
Sold by
Pham Lan D and Pham Tu Anh
Bought by
Matsumoto Shunji and Matsumoto Yoriko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.95%
Purchase Details
Closed on
Mar 11, 1998
Sold by
Greystone Homes
Bought by
Pham Lan D and Pham Tu Anh
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
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tidal Surf Trust | $4,500,000 | Lawyers Title Company | |
| Parrella Leonard | $2,600,000 | North American Title Company | |
| Sullivan Michele R | -- | None Available | |
| Sullivan Michelle R | -- | None Available | |
| Sullivan John L | -- | First American Title Ins Co | |
| Sullivan John L | $1,100,000 | First American Title Ins Co | |
| Matsumoto Shunji | $830,000 | Southland Title Corporation | |
| Pham Lan D | $652,500 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tidal Surf Trust | $3,150,000 | |
| Previous Owner | Parrella Leonard | $1,885,000 | |
| Previous Owner | Parrella Leonard | $885,000 | |
| Previous Owner | Sullivan John L | $600,000 | |
| Previous Owner | Matsumoto Shunji | $664,000 | |
| Previous Owner | Pham Lan D | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $4,500,000 | -8.1% | $1,315 / Sq Ft |
| 04/01/2023 04/01/23 | Pending | -- | -- | -- |
| 03/01/2023 03/01/23 | Price Changed | $4,898,000 | -5.7% | $1,432 / Sq Ft |
| 01/24/2023 01/24/23 | Price Changed | $5,195,000 | -5.5% | $1,519 / Sq Ft |
| 11/01/2022 11/01/22 | For Sale | $5,495,000 | +111.3% | $1,606 / Sq Ft |
| 12/02/2020 12/02/20 | Sold | $2,600,000 | -5.5% | $760 / Sq Ft |
| 10/26/2020 10/26/20 | Pending | -- | -- | -- |
| 10/01/2020 10/01/20 | Price Changed | $2,750,000 | -4.3% | $804 / Sq Ft |
| 07/19/2020 07/19/20 | Price Changed | $2,875,000 | -4.0% | $840 / Sq Ft |
| 05/06/2020 05/06/20 | For Sale | $2,995,000 | -- | $875 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $49,809 | $4,681,800 | $4,081,821 | $599,979 |
| 2024 | $49,809 | $4,590,000 | $4,001,785 | $588,215 |
| 2023 | $16,902 | $1,538,690 | $1,125,331 | $413,359 |
| 2022 | $16,618 | $1,508,520 | $1,103,266 | $405,254 |
| 2021 | $15,931 | $1,478,942 | $1,081,634 | $397,308 |
| 2020 | $17,836 | $1,620,965 | $1,078,675 | $542,290 |
| 2019 | $17,657 | $1,589,182 | $1,057,525 | $531,657 |
| 2018 | $17,314 | $1,558,022 | $1,036,789 | $521,233 |
| 2017 | $17,453 | $1,527,473 | $1,016,460 | $511,013 |
| 2016 | $19,159 | $1,497,523 | $996,529 | $500,994 |
| 2015 | $19,037 | $1,475,029 | $981,560 | $493,469 |
| 2014 | $18,597 | $1,446,136 | $962,333 | $483,803 |
Source: Public Records
Agents Affiliated with this Home
-
Sean Stanfield
-
Ryan Tarr
Seller Co-Listing Agent in 2023
Ryan Tarr
Pacific Sotheby's Int'l Realty
(949) 717-6000
2 in this area
55 Total Sales
-
Justin Shokoor
J
Buyer's Agent in 2023
Justin Shokoor
eXp Realty of California, Inc.
(619) 673-6602
1 in this area
63 Total Sales
-
Paul Daftarian
Seller's Agent in 2020
Paul Daftarian
Luxe Real Estate
(714) 865-5969
92 in this area
242 Total Sales
-
Sahand Zargari
S
Seller Co-Listing Agent in 2020
Sahand Zargari
Luxe Real Estate
(949) 444-3896
39 in this area
53 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22232818
APN: 477-131-31
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