NOT LISTED FOR SALE

Estimated Value: $5,906,000 - $7,220,000

4 Beds
4.5 Baths
4,000 Sq Ft
$1,671/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $3,575,000 $894 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $40,193/month

15 Days on Market

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • Updated Kitchen
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Kings Road Park

About This Home

As of April 2013

Built in 1999 by architect Bob Ensign, this stunning tri-level Cape Cod style estate boasts panoramic views of the Pacific, Newport Harbor and Catalina Island. With approx. 4,000 sq. ft. of immaculate living space, the home offers both unsurpassed quality and luxurious living. The home welcomes you on the middle level with a grand formal entry. The ocean view master suite and additional bedrooms are also on this level. The top level, with views from every room, includes a formal dining room, den, and a gourmet kitchen that opens to the great room with custom built-ins, fireplace and large sliding French doors that lead to the viewing deck. The lower level includes a custom wine cellar and approx. 1,000 sq. ft. of garage space for parking and storage. Other amenities include a saltwater pool and spa, an elevator that services all three levels and extensive use of brushed nickel hardware, coffered ceilings, cherry wood flooring, and marble and granite counter tops.

Last Agent to Sell the Property

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 03/21/2013

Last Buyer's Agent

Tim Carr

Pacific Sotheby's Int'l Realty License #01017277 Listed on: 03/21/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,201

Year Built

  • Built in 1999

Lot Details

  • 7,150

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • Panoramic

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room with Fireplace
  • Storage
  • Intercom

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Accessible Elevator Installed
  • Living Room Balcony
  • 7,150 Sq Ft Lot
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 1219
  • Assessor Parcel Number 04922120

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,201

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Kings Road (KGRD)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04922120
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00
  • Interior Amenities: Bar, Built-in Features, Balcony, Cathedral Ceiling(s), Crown Molding, Elevator, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Pantry, Recessed Lighting, Storage, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Game Room
  • Levels: Three Or More
  • Price Per Square Foot: 893.75
  • Room Type: Entry, Family Room, Formal Entry, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Bay, Catalina, Coastline, Harbor, Ocean, Panoramic, Water, White Water
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Direct Garage Access, Garage, Oversized
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Lot Size Sq Ft: 7150.00
  • Lot Size Acres: 0.1640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7150.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 1219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2013
Closed on
Feb 19, 2013
Sold by
Marshall Paul A and Marshall Kelly K
Bought by
Kumagai Henry and Kumagai Judy
Seller's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
Buyer's Agent
Tim Carr
Pacific Sotheby's Int'l Realty
List Price
$3,795,000
Sold Price
$3,575,000
Premium/Discount to List
-$220,000
-5.8%
Current Estimated Value
$6,682,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,107,972
Avg. Annual Appreciation
5.04%
Original Mortgage
$2,681,250
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Marshall Paul A and Marshall Kelly K
Bought by
Marshall Paul A and Marshall Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2004
Sold by
Marshall Paul A and Marshall Kelly K
Bought by
Marshall Paul A and Marshall Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 2004
Sold by
Marshall Paul A and Marshall Kelly K
Bought by
Marshall Paul A and Marshall Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 21, 2003
Sold by
Marshall Paul A and Marshall Kelly K
Bought by
Marshall Paul A and Marshall Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,250
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 16, 1996
Sold by
Gass Roger L
Bought by
Marshall Paul A and Marshall Kelly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.34%
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
Kumagai Henry $3,575,000 Equity Title Orange County-I
Marshall Paul A -- Alliance Title Company
Marshall Paul A -- Alliance Title Company
Marshall Paul A -- Alliance Title Company
Marshall Paul A -- Alliance Title Company
Marshall Paul A -- --
Marshall Paul A -- --
Marshall Paul A $530,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kumagai Henry $500,000
Closed Kumagai Family Trust $400,000
Open Kumagai Henry $2,591,600
Closed Kumagai Henry $2,605,000
Previous Owner Kumagai Henry $2,681,250
Previous Owner Marshall Paul A $848,000
Previous Owner Marshall Paul A $300,000
Previous Owner Marshall Paul A $621,500
Previous Owner Marshall Paul A $643,250
Previous Owner Marshall Paul A $650,000
Previous Owner Marshall Paul A $100,000
Previous Owner Marshall Paul A $460,000
Previous Owner Marshall Paul A $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $3,575,000 -5.8% $894 / Sq Ft
04/05/2013 04/05/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $3,795,000 -- $949 / 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 $46,201 $4,440,571 $3,267,077 $1,173,494
2024 $46,201 $4,353,501 $3,203,016 $1,150,485
2023 $36,202 $3,417,148 $2,496,960 $920,188
2022 $35,604 $3,350,146 $2,448,000 $902,146
2021 $34,921 $3,284,457 $2,400,000 $884,457
2020 $34,941 $3,284,457 $2,400,000 $884,457
2019 $34,890 $3,284,457 $2,400,000 $884,457
2018 $36,085 $3,400,000 $2,550,000 $850,000
2017 $37,722 $3,549,600 $2,631,600 $918,000
2016 $36,872 $3,480,000 $2,580,000 $900,000
2015 $39,011 $3,662,982 $2,718,370 $944,612
2014 $38,090 $3,591,230 $2,665,121 $926,109
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13049073

California Regional Multiple Listing Service (CRMLS)

APN: 049-221-20