NOT LISTED FOR SALE

Estimated Value: $4,815,000 - $6,623,000

5 Beds
4.5 Baths
3,400 Sq Ft
$1,682/Sq Ft Est. Value

Last Sold November 21, 2012

Last sale price $1,975,000 $581 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $34,159/month

61 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Wood Flooring
  • Newport Coast Elementary School Rated A
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of November 2012

Beautifully upgraded 3,400sf Plan 3 on giant, private lot of over 16,300sf in a private, hill-top gated community. Live sumptuously and entertain easily in this well-appointed luxury home with five baths, three fireplaces, gourmet kitchen, main floor guest suite, and a professionally landscaped yard with covered outdoor dining area, oversized pool and spa, BBQ and firepit. One bedroom currently being used as office with built-in bookshelves and worktops; another makes an excellent home gym work-out space. Epoxy finished floors and loads of built-in storage in the 3-car garage that also features a whole-house tankless hot water system.

Last Agent to Sell the Property

Joe Syiek

All Coast Brokers, Inc License #01359220 Listed on: 07/26/2012

Last Buyer's Agent

Bing Pelletier

HomeSmart, Evergreen Realty License #01325657

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,634

Year Built

  • Built in 1995

Lot Details

  • 0.38 Acre Lot
  • Block Wall Fence

HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,400 Sq Ft Home
  • Fireplace With Gas Starter

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 14912
  • Assessor Parcel Number 46121220

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,634

Year Built

Built in 1995

Lot Details

0

HOA Fees

$360 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 714-791-9880
  • Property Attached: No
  • Subdivision Name Other: Pointe
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46121220
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3400.00
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 580.88
  • Room Type: Main Floor Bedroom, Master Suite
  • Spa Features: In Ground, Private

Exterior Features

  • Patio: No
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage - Three Door
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Double Oven, Dishwasher, Gas Cooking, Range, Refrigerator, Cooktop
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 165.00
  • Association #2 Fee: 195.00
  • Association Fee Frequency: Monthly
  • Phone: agent
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 16377.00
  • Lot Size Acres: 0.3760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16377.0000 Square Feet

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 14912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
Zhu Cheng Hong
Bought by
Zhu Cheng Hong and The M&M 2017 Family Trust
Current Estimated Value
$5,717,971

Purchase Details

Listed on
Jul 26, 2012
Closed on
Nov 2, 2012
Sold by
Lin Xiao
Bought by
Zhu Cheng Hong
Seller's Agent
Joe Syiek
All Coast Brokers, Inc
Buyer's Agent
Bing Pelletier
HomeSmart, Evergreen Realty
List Price
$2,150,000
Sold Price
$1,975,000
Premium/Discount to List
-$175,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,185,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 8, 2012
Sold by
Bayer Terry P
Bought by
Zhu Cheng Hong
Seller's Agent
Joe Syiek
All Coast Brokers, Inc
Buyer's Agent
Bing Pelletier
HomeSmart, Evergreen Realty
List Price
$2,150,000
Sold Price
$1,975,000
Premium/Discount to List
-$175,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 1, 2012
Sold by
Vega Victor
Bought by
Bayer Terry P and Vega Bayer Family Living Trust
Seller's Agent
Joe Syiek
All Coast Brokers, Inc
Buyer's Agent
Bing Pelletier
HomeSmart, Evergreen Realty
List Price
$2,150,000
Sold Price
$1,975,000
Premium/Discount to List
-$175,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,185,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Bayer Terry
Bought by
Bayer Terry P and The Bayer Vega Family 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
$465,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2004
Sold by
Bayer Terry P
Bought by
The Bayer Vega Family Living Trust

Purchase Details

Closed on
Feb 5, 1999
Sold by
Victor Vega
Bought by
Bayer Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
6.77%

Purchase Details

Closed on
Sep 9, 1998
Sold by
Victor Vega
Bought by
Bayer Terry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
6.88%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Standard Pacific Corp
Bought by
Vega Victor and Bayer Terry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Interest Rate
5.95%
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
Zhu Cheng Hong -- None Available
Zhu Cheng Hong -- Orange Coast Title Company O
Zhu Cheng Hong $1,975,000 Orange Coast Title Company O
Bayer Terry P -- Orange Coast Title Company O
Bayer Terry P -- Accommodation
Bayer Terry -- First American Title Company
The Bayer Vega Family Living Trust -- --
Bayer Terry -- Fidelity National Title Ins
Bayer Terry P -- Fidelity National Title Ins
Vega Victor $728,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Cheng Hong $770,581
Open Zhu Cheng Hong $1,500,000
Closed Zhu Cheng Hong $125,000
Closed Zhu Cheng Hong $1,185,000
Previous Owner Bayer Terry $465,000
Previous Owner Bayer Terry $533,000
Previous Owner Bayer Terry $350,000
Previous Owner Bayer Terry $562,000
Previous Owner Bayer Terry P $562,000
Previous Owner Vega Victor $582,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2012 11/21/12 Sold $1,975,000 -3.7% $581 / Sq Ft
09/15/2012 09/15/12 Price Changed $2,050,000 -4.7% $603 / Sq Ft
07/26/2012 07/26/12 For Sale $2,150,000 -- $632 / 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 $26,634 $2,552,872 $1,698,754 $854,118
2023 $26,089 $2,502,816 $1,665,445 $837,371
2022 $25,600 $2,453,742 $1,632,790 $820,952
2021 $23,146 $2,405,630 $1,600,775 $804,855
2020 $24,916 $2,380,964 $1,584,361 $796,603
2019 $24,558 $2,334,279 $1,553,295 $780,984
2018 $24,084 $2,288,509 $1,522,838 $765,671
2017 $23,643 $2,243,637 $1,492,979 $750,658
2016 $22,952 $2,199,645 $1,463,705 $735,940
2015 $22,749 $2,166,605 $1,441,719 $724,886
2014 $22,585 $2,082,104 $1,413,478 $668,626
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S706914

California Regional Multiple Listing Service (CRMLS)

APN: 461-212-20