NOT LISTED FOR SALE

Estimated Value: $7,830,000 - $11,262,820

5 Beds
5.5 Baths
6,000 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold January 27, 2012

Last sale price $4,180,000 $697 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $55,517/month

158 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Clubhouse
  • Newport Coast Elementary School Rated A
  • Private Pool
  • 1-minute walk to Vista Ridge View Park

About This Home

As of January 2012

Spectacular 180-degree views define this gorgeous Ocean Heights residence.Offering nearly 6,000 square feet of living space on a lot approximately 13,500 square feet in size, the home encompasses five bedrooms with two master suites plus a bonus room and an office. The main floor master suite features a jetted bathtub, while an in-law suite enjoys private entry, creating the opportunity to extend hospitality to guests in style.Outside, a large Pebble Tec pool and spa create a resort-like vantage point from which to take in breathtaking ocean vistas. Floors clad in limestone and hardwood establish an upscale aesthetic, as do the fireplaces found in the home s living and family rooms and inner courtyard. Green upgrades, including a new 4.5 KW solar system for power generation, whole-house air cleaners, a six-zone heating and air-conditioning system and a new state-of-the-art water filtration and salt free softener system render the residence as eco-conscious as it is stunning.

Last Agent to Sell the Property

Michael Fawaz

Compass License #01342829 Listed on: 03/22/2011

Compass

Last Buyer's Agent

Stephen Leung

Century 21 Ludecke Inc. License #01247648

Century 21 Ludecke Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,643

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • Glass Fence

Parking

  • 3 Car Attached Garage
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 6,000 Sq Ft Home
  • Fireplace With Gas Starter
  • Double Pane Windows
  • French Doors
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Maid or Guest Quarters

Pool

  • Private Pool
  • Spa

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 15079
  • Assessor Parcel Number 47815103

Community Details

Overview

  • Property has a Home Owners Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,643

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-922-7762
  • Property Attached: No
  • Subdivision Name Other: Perazul
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47815103
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6000.00
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Price Per Square Foot: 696.67
  • Room Type: Bonus Room, Den, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom
  • Spa Features: Association, Private
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: No
  • Other Structures: Guest House
  • View: Catalina, City Lights, Coastline, Harbor, Mountain(s), Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Glass
  • Pool Features: Association, Private
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Clubhouse Paid, Pool, Spa/Hot Tub, Sport Court, Tennis Court(s), Trash
  • Association Fee: 560.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 13529.00
  • Lot Size Acres: 0.3110

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13529.0000 Square Feet

Tax Info

  • Tax Lot: 13
  • Tax Tract: Perazul
  • Tax Tract Number: 15079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2011
Sold by
Voss Wolf Dieter and Voss Claudia
Bought by
Yuan Li and Yuan Renjie
Current Estimated Value
$9,527,607

Purchase Details

Closed on
Oct 4, 1999
Sold by
Voss Wolf Dieter and Voss Claudia
Bought by
Voss Wolf Dieter and Voss Claudia

Purchase Details

Closed on
May 4, 1999
Sold by
Taylor Woodrow Homes Inc
Bought by
Voss Wolf Dieter and Voss Claudia
Source: Public Records

Range of Values:

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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
Yuan Li $4,180,000 None Available
Voss Wolf Dieter -- --
Voss Wolf Dieter -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2012 01/27/12 Sold $4,180,000 -7.0% $697 / Sq Ft
08/27/2011 08/27/11 Pending -- -- --
03/23/2011 03/23/11 Price Changed $4,495,000 +1.0% $749 / Sq Ft
03/22/2011 03/22/11 For Sale $4,450,000 -- $742 / 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 $57,643 $5,456,813 $3,764,752 $1,692,061
2024 $57,643 $5,349,817 $3,690,933 $1,658,884
2023 $56,380 $5,244,919 $3,618,562 $1,626,357
2022 $55,445 $5,142,078 $3,547,610 $1,594,468
2021 $53,816 $5,041,253 $3,478,049 $1,563,204
2020 $53,964 $4,989,562 $3,442,386 $1,547,176
2019 $53,027 $4,891,728 $3,374,888 $1,516,840
2018 $50,067 $4,614,328 $3,308,713 $1,305,615
2017 $50,029 $4,523,851 $3,243,836 $1,280,015
2016 $50,868 $4,435,149 $3,180,232 $1,254,917
2015 $50,474 $4,368,529 $3,132,462 $1,236,067
2014 $49,314 $4,282,956 $3,071,101 $1,211,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11001269

California Regional Multiple Listing Service (CRMLS)

APN: 478-151-03