NOT LISTED FOR SALE

Estimated Value: $6,567,000 - $7,762,727

6 Beds
7.5 Baths
8,026 Sq Ft
$887/Sq Ft Est. Value

Last Sold January 28, 2019

Last sale price $3,800,000 $473 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $44,783/month

75 Days on Market

Highlights

  • Ocean View
  • Spa
  • 0.88 Acre Lot
  • John Malcom Elementary School Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of January 2019

This palatial Ocean Ranch estate offers the best of refined coastal living! Nestled behind the guarded gates of one of Laguna Niguel's most prestigious neighborhoods, this impressively sized 6 bed, 8 bath, 5-car garage residence promises to enchant w/ expansive OCEAN VIEWS, 3 balconies, marble floors, 4 stone fireplaces, 2 master suites, & designer details throughout. Upon arrival, grandiose wrought-iron double doors greet guests before entering into the breathtaking double story foyer w/ grand staircase. Open, spacious living areas w/ finely crafted built-ins occupy the first level. Sure to impress any chef is the gourmet kitchen boasting a large center island, massive walk-in pantry, extra-large Sub Zero refrigerator, double ovens, & full size wine refrigerator. In the spacious pool-sized backyard, enjoy ocean views & coastal breezes while entertaining on any of the many patios. A guest-ready MAIN FLOOR BEDRM w/ private entrance completes the downstairs. Upstairs, delight in the spectacular ocean views from the master suite complete w/ balcony, sitting area, & fireplace. The master bath pampers w/ his & her sinks, vanity, Jacuzzi tub & walk-in stone shower. The large second master suite, easily converted to bonus/game room, features a private entry & an enormous balcony set to entertain. Secondary ensuite bedrooms offer privacy & an abundance of space. Resort caliber community amenities include a shimmering pool & spa, basketball court, playground & year-round events.

Last Agent to Sell the Property

Lori McGuire

RE/MAX Select One License #00959318 Listed on: 10/15/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,698

Year Built

  • Built in 1999

Lot Details

  • 0.88 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back Yard

HOA Fees

Parking

  • 5 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 8,026 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Spa
  • Balcony
  • Concrete Porch or Patio

Location

  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 13396
  • Assessor Parcel Number 65226134

Community Details

Overview

  • Ocean Ranch Association, Phone Number (714) 285-2626

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Additional Features

  • Outdoor Cooking Area
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,698

Year Built

Built in 1999

Lot Details

0

HOA Fees

$380 per month

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Ocean Ranch ~ Custom (BBC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65226134
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8026.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings
  • 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: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Den, Family Room, Living Room, Master Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 473.46
  • Room Type: Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Office, Separate Family Room, Two Masters, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association
  • Bathroom Features: Double Sinks In Master Bath, Jetted Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Ocean, Park/Greenbelt
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Disposal, Microwave, Refrigerator, Trash Compactor, Vented Exhaust Fan
  • Heating Type: Central, Zoned, Forced Air, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Playground, Guard
  • Association Fee: 330.00
  • Association #2 Fee: 50.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Ranch
  • Phone: 7142852626
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Schools

  • School District: Capistrano Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lawn, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 38285.00
  • Lot Size Acres: 0.8789

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38285.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.32
  • Tax Lot: 24
  • Tax Tract: 13396
  • Tax Tract Number: 13396

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2021
Sold by
Taeidi Peyman and Taeidi Banafshe Bayat
Bought by
Taeidi Banafshe Bayat and Taeidi Peyman
Current Estimated Value
$7,399,063

Purchase Details

Closed on
Aug 30, 2021
Sold by
Taeidi Banafshe Bayat and Taeidi Peyman
Bought by
Taeidi Peyman and Taeidi Banafshe Bayat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Outstanding Balance
$2,759,356
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,947,309

Purchase Details

Closed on
Feb 18, 2020
Sold by
Taeidi Banafshe Bayat and Taeidi Peyman
Bought by
Taeidi Banafshe Bayat and Taeidi Peyman

Purchase Details

Listed on
Oct 15, 2018
Closed on
Jan 22, 2019
Sold by
Brewart Nelson and Brewart Martha P
Bought by
Peyman Taeidi Banafshe Bayat and Peyman Taeidi
Seller's Agent
Lori McGuire
RE/MAX Select One
Buyer's Agent
Ben and Jade Tarter
Luxre Realty, Inc.
List Price
$4,100,000
Sold Price
$3,800,000
Premium/Discount to List
-$300,000
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$3,040,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 23, 2000
Sold by
Bluewater Development Llc
Bought by
Horriat Parviz and Horriat Roya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 1998
Sold by
Paterson Neil J and Paterson Lois
Bought by
Bluewater Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,645,000
Interest Rate
7.07%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 4, 1997
Sold by
Reed Gerald P and Reed Lisa R
Bought by
Blue Water Development Llc

Purchase Details

Closed on
Nov 21, 1996
Sold by
Burns Robert W and Burns Patti B
Bought by
Reed Gerald P and Reed Lisa R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,625
Interest Rate
8.5%
Mortgage Type
Balloon
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
Taeidi Banafshe Bayat -- Accommodation
Taeidi Peyman -- Lawyers Title
Taeidi Banafshe Bayat -- None Available
Peyman Taeidi Banafshe Bayat $3,800,000 First American Title
Horriat Parviz $1,800,000 North American Title Co
Bluewater Development Llc $180,000 Commonwealth Land Title
Blue Water Development Llc $392,000 First Southwestern Title Co
Reed Gerald P $300,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taeidi Peyman $3,000,000
Closed Peyman Taeidi Banafshe Bayat $3,040,000
Previous Owner Brewart Nelson $900,000
Previous Owner Brewart Nelson R $1,400,000
Previous Owner Brewart Nelson $2,800,000
Previous Owner Brewart Nelson $1,000,000
Previous Owner Horriat Parviz $400,000
Previous Owner Horriat Parviz $1,868,750
Previous Owner Horriat Parviz $1,800,000
Previous Owner Bluewater Development Llc $1,645,000
Previous Owner Reed Gerald P $224,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $3,800,000 +0.1% $473 / Sq Ft
12/03/2018 12/03/18 Price Changed $3,795,000 -2.4% $473 / Sq Ft
11/02/2018 11/02/18 Price Changed $3,888,000 -2.8% $484 / Sq Ft
10/23/2018 10/23/18 Price Changed $3,999,988 -2.4% $498 / Sq Ft
10/15/2018 10/15/18 For Sale $4,100,000 -- $511 / 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 $46,698 $4,714,270 $1,688,823 $3,025,447
2024 $46,698 $4,621,834 $1,655,709 $2,966,125
2023 $45,707 $4,531,210 $1,623,244 $2,907,966
2022 $44,836 $4,442,363 $1,591,415 $2,850,948
2021 $43,971 $4,355,258 $1,560,210 $2,795,048
2020 $40,808 $4,041,207 $1,544,212 $2,496,995
2019 $30,146 $2,947,264 $1,308,736 $1,638,528
2018 $30,024 $2,889,475 $1,283,075 $1,606,400
2017 $29,253 $2,832,819 $1,257,917 $1,574,902
2016 $29,208 $2,777,274 $1,233,252 $1,544,022
2015 $28,391 $2,735,557 $1,214,727 $1,520,830
2014 $27,932 $2,681,972 $1,190,932 $1,491,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18244897

California Regional Multiple Listing Service (CRMLS)

APN: 652-261-34