NOT LISTED FOR SALE

Estimated Value: $7,871,000 - $10,950,621

4 Beds
4.5 Baths
5,800 Sq Ft
$1,601/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $3,980,000 $686 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $53,743/month

Highlights

  • Ocean View
  • Spa
  • Clubhouse
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • Outdoor Fireplace

About This Home

As of July 2019

Breathtaking ocean views in the sought after gate guarded community of Perazul. Ideally located in a quiet cul-de-sac location this open floor plan boasts of four bedrooms, four and a half bathrooms(can be up to 6 bedrooms) with the master suite on the main level looking out to the California coastline. The center atrium creates an abundance of natural light throughout offering a comfortable indoor-outdoor living space which includes a romantic fireplace setting. This beautifully appointed home is great for entertaining with the gourmet kitchen open to the great room, a formal living and dining area, home office, bonus room, den and three car garage. The grounds are perfectly manicured and easy to maintain. This spectacular home has it all with views straight up the coast capturing Catalina Island, Newport Harbor, Palos Verdes Peninsula and downtown Los Angeles in the far distance, truly one of the best view properties the Newport Coast has to offer.

Last Agent to Rent the Property

Jim Watson

Real Broker License #01196080 Listed on: 12/23/2018

Real Broker

Co-Listed By

Tom Springer

Real Broker License #01964259

Last Renter's Agent

Hunter Jack

Coldwell Banker Realty License #01879200

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,795

Year Built

  • Built in 2001

Lot Details

  • 10,668 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Property Views

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

Interior Spaces

  • 5,800 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Spa
  • Outdoor Fireplace

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes association dues, gardener
  • Available 9/1/17
  • Tax Lot 43
  • Tax Tract Number 15079
  • Assessor Parcel Number 47813115

Community Details

Overview

  • No Home Owners Association
  • $150 HOA Transfer Fee

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,795

Year Built

Built in 2001

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 15000
  • Furnished: Unfurnished
  • Transfer Fees: 150.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47813115
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5800.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.16
  • Room Type: Family Room, Living Room, Master Suite
  • Spa Features: Association

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10668.00
  • Lot Size Acres: 0.2449

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Lot Size Area: 10668.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 15079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2013
Closed on
May 14, 2013
Sold by
Hartshorn Terry and Hartshorn Sharon
Bought by
Li Zemin and Yang Yiqi
Seller's Agent
Michaela McCloskey
Compass
Buyer's Agent
Joele Romeo
Pacific Sotheby's Int'l Realty
List Price
$4,175,000
Sold Price
$3,980,000
Premium/Discount to List
-$195,000
-4.67%
Current Estimated Value
$9,286,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,306,207
Avg. Annual Appreciation
7.14%
Original Mortgage
$2,000,000
Outstanding Balance
$1,494,999
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$7,791,208

Purchase Details

Closed on
Mar 26, 2004
Sold by
Hartshorn Terry O and Hartshorn Sharon K
Bought by
Hartshorn Terry and Hartshorn Sharon

Purchase Details

Closed on
May 9, 2000
Sold by
Taylor Woodrow Homes Inc
Bought by
Hartshorn Terry O and Hartshorn Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.37%
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
Li Zemin $3,980,000 Lawyers Title Company
Hartshorn Terry -- --
Hartshorn Terry O -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zemin $2,000,000
Previous Owner Hartshorn Terry O $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2019 07/09/19 Rented $12,500 -10.7% --
12/23/2018 12/23/18 For Rent $14,000 +7.7% --
03/01/2018 03/01/18 Rented $13,000 0.0% --
02/03/2018 02/03/18 Under Contract -- -- --
11/09/2017 11/09/17 For Rent $13,000 +4.0% --
11/04/2013 11/04/13 Rented $12,500 -9.4% --
11/02/2013 11/02/13 Under Contract -- -- --
07/15/2013 07/15/13 For Rent $13,800 0.0% --
06/28/2013 06/28/13 Sold $3,980,000 -4.7% $686 / Sq Ft View Prior Sale
05/24/2013 05/24/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $4,175,000 -- $720 / 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 $51,795 $4,901,079 $3,077,676 $1,823,403
2024 $51,795 $4,804,980 $3,017,330 $1,787,650
2023 $50,668 $4,710,765 $2,958,166 $1,752,599
2022 $49,830 $4,618,398 $2,900,163 $1,718,235
2021 $48,310 $4,527,842 $2,843,297 $1,684,545
2020 $48,512 $4,481,415 $2,814,142 $1,667,273
2019 $47,690 $4,393,545 $2,758,963 $1,634,582
2018 $46,746 $4,307,398 $2,704,866 $1,602,532
2017 $46,769 $4,222,940 $2,651,830 $1,571,110
2016 $47,682 $4,140,138 $2,599,834 $1,540,304
2015 $47,320 $4,077,950 $2,560,782 $1,517,168
2014 $46,236 $3,998,069 $2,510,620 $1,487,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18295628

California Regional Multiple Listing Service (CRMLS)

APN: 478-131-15