NOT LISTED FOR SALE

Estimated Value: $8,161,000 - $11,285,037

5 Beds
6.5 Baths
6,067 Sq Ft
$1,523/Sq Ft Est. Value

Last Sold January 01, 2019

Last sale price $5,350,000 $882 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $57,061/month

53 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Fireplace in Primary Bedroom
  • Newport Coast Elementary School Rated A
  • Updated Kitchen
  • 4-minute walk to Vista Ridge View Park

About This Home

As of January 2019

LUXURY REO...Live the luxurious yet laid-back Southern California lifestyle at this beautiful home in Ocean Heights. The exquisite property impresses with some of the best views in Orange County of the ocean, city lights, and mountains beyond. Enjoy this approximately 6,067 square foot estate in your guard-gated community that features four en-suite bedrooms (including one on the first level), plus an office that includes a closet and bath with a spacious upstairs room including closet and bath that can be used for a family room, media room, or playroom—the possibilities are endless. You will see only the finest appointments in this home, such as newer Shaker-style cabinets, a large kitchen island made with Carrara marble, three fireplaces, elegant hardwood flooring, and newer appliances. The entertainer’s backyard showcases a pool, spa, and fire pit—ideal for both intimate gatherings and huge soirees. This gorgeous, light-filled estate is ready for you to call home.

Last Listed By

Spyro Kemble

Surterre Properties Inc. License #01012126 Listed on: 09/15/2018

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,076

Year Built

  • Built in 2000

Lot Details

  • 0.29 Acre Lot
  • Back Yard

HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Hills

Interior Spaces

  • 6,067 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den with Fireplace
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Six Burner Stove
  • Gas Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 15394
  • Assessor Parcel Number 47817122

Community Details

Overview

  • Service First Association, Phone Number (949) 448-6181

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,076

Year Built

Built in 2000

Lot Details

0

HOA Fees

$575 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47817122
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6067.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Den, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 881.82
  • Room Type: Bonus Room, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Master Bathroom, Office, Separate Family Room, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Catalina, Hills, Ocean, Panoramic
  • Pool Features: Private, Association
  • Pool Private: Yes

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Range
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Playground, Tennis Court(s), Guard, Security, Controlled Access
  • Association Fee: 325.00
  • Association #2 Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Service First
  • Phone: 9494486181
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12632.00
  • Lot Size Acres: 0.2900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12632.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 18
  • Tax Tract Number: 15394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2018
Closed on
Dec 17, 2018
Sold by
Provident Trust Group Llc
Bought by
Psg Capital Partners Inc
Seller's Agent
Spyro Kemble
Surterre Properties Inc.
Buyer's Agent
Amber Yang
Pellego, Inc.
List Price
$5,795,000
Sold Price
$5,350,000
Premium/Discount to List
-$445,000
-7.68%
Total Days on Market
53
Current Estimated Value
$9,240,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,890,509
Avg. Annual Appreciation
8.93%

Purchase Details

Listed on
Sep 15, 2018
Closed on
Nov 20, 2018
Sold by
Psg Capital Partners Inc
Bought by
Ma Xueying and Huang Xingjun
Seller's Agent
Spyro Kemble
Surterre Properties Inc.
Buyer's Agent
Amber Yang
Pellego, Inc.
List Price
$5,795,000
Sold Price
$5,350,000
Premium/Discount to List
-$445,000
-7.68%

Purchase Details

Closed on
Aug 1, 2018
Sold by
Dada Festus B
Bought by
Provident Trust & and Provident Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.54%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Taylor Woodrow Homes Inc
Bought by
Dada Festus Bamidele and Dada Jeanie Margareth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,669,675
Interest Rate
6.98%

Range of Values:

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Average Value
Not Available
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
Psg Capital Partners Inc -- First American Title
Ma Xueying $5,350,000 Old Republic Title Company
Provident Trust & -- --
Dada Festus Bamidele -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Xueying $2,407,500
Previous Owner Provident Trust & --
Previous Owner Dada Festus Bamidele $375,000
Previous Owner Dada Festus Bamidele $1,000,000
Previous Owner Dada Festus Bamidele $1,250,000
Previous Owner Dada Festus Bamidele $3,650,000
Previous Owner Dada Festus Bamidele $2,900,000
Previous Owner Dada Festus Bamidele $85,000
Previous Owner Dada Festus Bamidele $2,200,000
Previous Owner Dada Festus Bamidele $430,000
Previous Owner Dada Festus Bamidele $200,000
Previous Owner Dada Festus Bamidele $1,700,000
Previous Owner Dada Festus Bamidele $1,669,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2019 01/01/19 Sold $5,350,000 -7.7% $882 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $5,795,000 -- $955 / 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 $63,076 $5,851,005 $3,998,233 $1,852,772
2023 $61,688 $5,736,280 $3,919,836 $1,816,444
2022 $60,668 $5,623,804 $3,842,976 $1,780,828
2021 $58,940 $5,513,534 $3,767,624 $1,745,910
2020 $59,040 $5,457,000 $3,728,992 $1,728,008
2019 $57,997 $5,350,000 $3,655,874 $1,694,126
2018 $37,689 $3,464,576 $1,990,919 $1,473,657
2017 $37,874 $3,396,644 $1,951,882 $1,444,762
2016 $38,235 $3,258,300 $1,913,610 $1,344,690
2015 $37,715 $3,185,990 $1,884,866 $1,301,124
2014 $36,836 $3,121,602 $1,847,944 $1,273,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18226352

California Regional Multiple Listing Service (CRMLS)

APN: 478-171-22