$2,600,000
SOLD DEC 2, 2020
3 Beds
3.5 Baths
3,421 Sq Ft
6,456 Sq Ft Lot

Recently Sold

$760 Per Sq Ft

13% Below List Price

173 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Fireplace in Primary Bedroom Retreat
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • 1-minute walk to Los Trancos Canyon View Park

About This Home

As of April 2023

Ideally situated on a front row parcel behind the exclusive guard gates of Pelican Ridge, this Newly reimagined and redesigned, 12 Tidal Surf offers direct, unobstructed ocean views . This newly renovated home boasts approx. 3,421 sqft of transitional living space, highlighted by rich, hardwood flooring, vibrant LED lighting, and new hardware throughout. A gourmet chef’s kitchen featuring Viking appliances is complemented by an open floor plan that creates seamless transitions into the family room and formal dining area.
Large, dual-pane windows allow an abundance of natural light to permeate every inch of the interior living space, creating a tranquillity en par with world class resorts. The expansive master suite boasts direct, lay-down ocean views, while the master bath provides a spa-like ambiance complete with oversized shower, walk-in closet, and dual vanities. Seldom found in the community, this oversized lot creates the setting for the resort style backyard, complete with a pool, outdoor seating, and grassy knoll ideal for large scale celebrations or intimate gatherings alike. Immediate proximity to award winning schools, world class resorts, and picturesque beaches complete this dream home.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 05/06/2020

Co-Listed By

Sahand Zargari

Luxe Real Estate License #01985671

Last Buyer's Agent

Sean Stanfield

Pacific Sotheby's Int'l Realty License #01024996

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,809

Year Built

  • Built in 1998

Lot Details

  • 6,456 Sq Ft Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Split Level Home

Interior Spaces

  • 3,421 Sq Ft Home
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Waterfall Pool Feature

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 14859
  • Assessor Parcel Number 47713131

Community Details

Overview

  • Association Phone (949) 582-7770
  • First Service Residential HOA
  • Pelican Ridge Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,809

Year Built

Built in 1998

Lot Details

0

HOA Fees

$440 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Show Phone
  • Other Phone Number: 714.865.5969
  • Property Attached: No
  • Subdivision Name Other: Pelican Ridge (NCPR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47713131
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3421.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room, Master Retreat, Gas
  • Levels: Multi/Split
  • Price Per Square Foot: 760.01
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • View: Canyon, Mountain(s), Ocean
  • Pool Features: Private, Association, Gas Heat, In Ground, Waterfall
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: 324
  • Phone: 9495827770
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains
  • 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, Sprinkler System
  • Lot Size Sq Ft: 6456.00
  • Lot Size Acres: 0.1482

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6456.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 42
  • Tax Tract Number: 14859

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
$5,435,195

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
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 Type Sale Price Title Company
Grant Deed $4,500,000 Lawyers Title Company
Grant Deed $2,600,000 North American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $1,100,000 First American Title Ins Co
Grant Deed $830,000 Southland Title Corporation
Grant Deed $652,500 First American Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,150,000 New Conventional
Previous Owner $1,885,000 New Conventional
Previous Owner $885,000 New Conventional
Previous Owner $600,000 No Value Available
Previous Owner $664,000 No Value Available
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
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

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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20086770

California Regional Multiple Listing Service (CRMLS)

APN: 477-131-31