NOT LISTED FOR SALE

Estimated Value: $6,797,000 - $9,940,777

4 Beds
4.5 Baths
4,645 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $5,020,000 $1,081 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $52,868/month

147 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • In Ground Pool
  • Open Floorplan

About This Home

As of June 2017

This exquisite hilltop Mediterranean style estate sits on the largest lot in the prestigious Ocean Heights community with breathtaking and unobstructed views of the ocean, Catalina Island, city lights, and stunning sunset. The private gated entry leads through an adorned courtyard to this magnificent home. This European inspired estate is custom-decorated with high-end upgrades in noteworthy details such as original decorative faux paintings, beautiful cabinetry, and an artistic floor mosaic medallion in the foyer. A highly desirable main floor master suite showcases a retreat with 2 custom cedar-lined walk-in closets, a dressing area & a spacious master bath with a spa tub & step-in shower. French doors open to a relaxing patio area and lush rose garden. A second main floor bedroom suite could be used as a guestroom or maid’s quarters. There are 2 sizeable bedroom suites and a large game room upstairs. Formal dining opens to a lovely courtyard with mature greenery. The oversized gourmet kitchen, breakfast nook and great room open up to the elegantly landscaped backyard providing endless entertainment possibilities with spectacular panoramic views. Community amenities include a salt-water pool, tennis club, sports courts and a staffed clubhouse. This marvelous resort-style home is in close proximity to best shopping destinations, restaurants, gorgeous beaches, and award winning schools. A truly impressive property in this caliber is rarely available, and is not to be missed!

Last Agent to Sell the Property

Jill Askren

Coldwell Banker Realty License #01925985 Listed on: 11/29/2016

Coldwell Banker Realty

Last Buyer's Agent

Erica Zheng

Sam Mu Team Inc. License #01921557

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,819

Year Built

  • Built in 2001

Lot Details

  • 0.45 Acre Lot
  • Cul-De-Sac
  • Glass Fence
  • Block Wall Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking

Property Views

  • Ocean
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Turnkey

Interior Spaces

  • 4,645 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Plantation Shutters
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Game Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Convection Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Softener
  • Sewer Assessments

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 15400
  • Assessor Parcel Number 47822107

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,819

Year Built

Built in 2001

Lot Details

0

HOA Fees

$593 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Security System, Smoke Detector(s)
  • Subdivision Name Other: Cassis (NCCS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Termite Clearance, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47822107
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4645.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Cathedral Ceiling(s), Crown Molding, Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Family Room, Living Room, Master Retreat, Patio
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1080.73
  • Room Type: Dressing Area, Entry, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Multi-Level Bedroom, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Double Pane Windows, Insulated Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Bay, Canyon, Catalina, City Lights, Courtyard, Harbor, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Block, Glass
  • Patio And Porch Features: Covered, Patio, Patio Open, Stone
  • Pool Features: Association, Community, In Ground, Salt Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Side by Side
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Freezer, Disposal, Instant Hot Water, Microwave, Refrigerator, Water Softener
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Assessments
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Hiking Trails, Clubhouse, Guard, Security, Controlled Access
  • Association Fee: 343.00
  • Association #2 Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Garden, Landscaped, Lawn, Lot 10000-19999 Sqft, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 19807.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 15
  • Tax Tract Number: 15400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2024
Sold by
Zhou Weijin
Bought by
New Horizon Living Trust and Zhou
Current Estimated Value
$8,648,444

Purchase Details

Listed on
Nov 29, 2016
Closed on
May 18, 2017
Sold by
Li Qiang
Bought by
Zhou Weija
Seller's Agent
Jill Askren
Coldwell Banker Realty
Buyer's Agent
Erica Zheng
Sam Mu Team Inc.
List Price
$5,498,000
Sold Price
$5,020,000
Premium/Discount to List
-$478,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,400,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 29, 2016
Closed on
Apr 26, 2017
Sold by
Bodega Investment Llc
Bought by
Zhou Weijin
Seller's Agent
Jill Askren
Coldwell Banker Realty
Buyer's Agent
Erica Zheng
Sam Mu Team Inc.
List Price
$5,498,000
Sold Price
$5,020,000
Premium/Discount to List
-$478,000
-8.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2014
Sold by
Chen Wu Lien
Bought by
Bodega Investment Llc

Purchase Details

Closed on
Aug 5, 2014
Sold by
Chen Kock Chien Chien and Chen Jing Jing
Bought by
Chen Wu Lien and The Chen Trust

Purchase Details

Closed on
Mar 22, 2003
Sold by
Chen Wu Lien
Bought by
Chen Kock Chien Chien and Chen Jing Jing

Purchase Details

Closed on
Oct 18, 2001
Sold by
Brookfield Cassis Llc
Bought by
Chen Wu Lien
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
New Horizon Living Trust -- None Listed On Document
Zhou Weija -- Equity Title
Zhou Weijin $5,020,000 Equity Title Los Angeles
Bodega Investment Llc -- None Available
Chen Wu Lien -- None Available
Chen Kock Chien Chien $2,450,000 --
Chen Wu Lien $2,090,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Horizon Living Trust $2,500,000
Previous Owner Zhou Weijin $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $5,020,000 -8.7% $1,081 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $5,498,000 -- $1,184 / 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 $61,819 $5,826,141 $4,831,720 $994,421
2024 $61,819 $5,711,903 $4,736,980 $974,923
2023 $60,461 $5,599,905 $4,644,098 $955,807
2022 $59,461 $5,490,103 $4,553,037 $937,066
2021 $57,744 $5,382,454 $4,463,761 $918,693
2020 $57,867 $5,327,264 $4,417,991 $909,273
2019 $56,849 $5,222,808 $4,331,363 $891,445
2018 $55,721 $5,120,400 $4,246,434 $873,966
2017 $39,368 $3,492,431 $2,696,573 $795,858
2016 $41,254 $3,423,952 $2,643,699 $780,253
2015 $54,937 $4,665,000 $3,773,841 $891,159
2014 $33,014 $2,659,744 $1,967,686 $692,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16754185

California Regional Multiple Listing Service (CRMLS)

APN: 478-221-07