NOT LISTED FOR SALE

Estimated Value: $6,055,403 - $7,599,000

5 Beds
4.5 Baths
6,501 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $4,900,000 $754 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $39,818/month

19 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Fireplace in Primary Bedroom
  • George White Elementary Rated A
  • 0.54 Acre Lot
  • Main Floor Bedroom

About This Home

As of September 2022

Spectacular custom built, luxurious home, located in the Bear Brand Estate with both amazing city light views and panoramic ocean views is now available. This privately double gated estate boasts 5 large bedrooms each with its own bath and an additional guest powder room downstairs. The minute you enter you can see the exquisite detail design of art work on the floor along with the wall art and just feel the grandness of it all with cathedral height ceilings and a large spiral staircase. As you continue you have a first floor library, office, formal living room, 2 bedrooms, one full bathroom, powder room, family room with fireplace and wet bar that features a double French door out to the gorgeous backyard, formal dining room open to the grand kitchen with top-of-the-line appliances, custom cabinets with granite counters, large island with an additional vegetable sink and large walk in pantry. Upstairs offers 3 more large bedrooms including the primary suite with double private entrance, French doors to the large walk out veranda, gorgeous ocean views, large stone fireplace and expansive walk-in closet, loft with large balcony, and ocean breathe, plus a laundry room with sink and storage. Outside you enter the backyard oasis with a new build pavilion, custom designed pool and spa. All of this providing you with resort style living at home. Conveniently located near shopping, eateries and Award winning private schools. Minutes from most popular surfing beaches and world famous hotels and resorts.

Last Agent to Sell the Property

Zhongmin Su

Universal Elite Inc. License #01936028 Listed on: 07/19/2022

Universal Elite Inc.

Last Buyer's Agent

Jenn Chen

MiLuxe Realty License #02104472

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,574

Year Built

  • Built in 1991

Lot Details

  • 0.54 Acre Lot
  • Density is up to 1 Unit/Acre
  • Land Lease

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 6,501 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom

Pool

  • Private Pool

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 12026
  • Assessor Parcel Number 67360105
  • $20 per year additional tax assessments

Community Details

Overview

  • Progressive Community Mgmt Association, Phone Number (949) 582-7770

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,574

Year Built

Built in 1991

Lot Details

0

HOA Fees

$675 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 6263218263
  • Property Attached: No
  • Subdivision Name Other: /
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67360105
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6501.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 753.73
  • Room Type: Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • View: Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Security, Controlled Access
  • Association Fee: 675.00
  • Association Fee Frequency: Monthly
  • Association Name: Progressive Community Mgmt
  • Phone: 949.582.7770
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Progressive Community Mgmt

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23705.00
  • Lot Size Acres: 0.5442

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23705.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.37
  • Tax Lot: 9
  • Tax Tract Number: 12026
  • TaxOtherAnnualAssessmentAmount: 20.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 2, 2022
Sold by
Yueh-Chan Lin
Bought by
Wu Hsin-Ying
Seller's Agent
Zhongmin Su
Universal Elite Inc.
Buyer's Agent
Jenn Chen
MiLuxe Realty
List Price
$5,190,000
Sold Price
$4,900,000
Premium/Discount to List
-$290,000
-5.59%
Views
8
Current Estimated Value
$6,659,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,759,851
Avg. Annual Appreciation
10.41%

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 1, 2022
Sold by
Liting Fang
Bought by
Wu Hsin-Ying
Seller's Agent
Zhongmin Su
Universal Elite Inc.
Buyer's Agent
Jenn Chen
MiLuxe Realty
List Price
$5,190,000
Sold Price
$4,900,000
Premium/Discount to List
-$290,000
-5.59%
Views
8

Purchase Details

Listed on
Jan 28, 2021
Closed on
Apr 12, 2021
Sold by
Li Yingui
Bought by
Fang Liting
Seller's Agent
Keyue Wang
SONG MU
Buyer's Agent
Kevin Xiao
Harvest Realty Development
List Price
$4,380,000
Sold Price
$4,200,000
Premium/Discount to List
-$180,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Listed on
Dec 13, 2018
Closed on
Jul 9, 2019
Sold by
Ma Baojun and Guo Wei
Bought by
Li Yingui
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
MIN CHENG
Min Cheng, Broker
List Price
$4,288,000
Sold Price
$3,580,000
Premium/Discount to List
-$708,000
-16.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$1,790,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2017
Sold by
Ma Baojun
Bought by
Ma Baojun and Guo Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 16, 2017
Sold by
Guo Wei
Bought by
Ma Baojun

Purchase Details

Closed on
May 12, 2017
Sold by
Mcfarlin George W and Mcfarlin Tina J
Bought by
Ma Baojun
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
Wu Hsin-Ying -- Wfg National Title
Wu Hsin-Ying $4,900,000 Wfg National Title
Fang Liting $4,200,000 California Best Title Co Inc
Li Yingui $3,580,000 Wfg National Title Co Of Ca
Ma Baojun -- Wfg Title Company Of Califor
Ma Baojun -- Fidelity National Title Comp
Ma Baojun $3,930,000 Fidelity National Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Yingui $1,790,000
Previous Owner Ma Baojun $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $4,900,000 0.0% $754 / Sq Ft
09/23/2022 09/23/22 Price Changed $4,900,000 -5.6% $754 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $5,190,000 +23.6% $798 / Sq Ft
04/16/2021 04/16/21 Sold $4,200,000 -4.1% $646 / Sq Ft View Prior Sale
04/07/2021 04/07/21 Pending -- -- --
01/28/2021 01/28/21 Price Changed $4,380,000 0.0% $674 / Sq Ft
01/28/2021 01/28/21 For Sale $4,380,000 +22.3% $674 / Sq Ft
07/23/2019 07/23/19 Sold $3,580,000 -5.5% $572 / Sq Ft View Prior Sale
06/06/2019 06/06/19 Price Changed $3,788,000 -5.0% $605 / Sq Ft
03/20/2019 03/20/19 Price Changed $3,988,000 -7.0% $637 / Sq Ft
12/13/2018 12/13/18 For Sale $4,288,000 -- $685 / 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 $50,574 $5,097,960 $3,701,900 $1,396,060
2024 $50,574 $4,998,000 $3,629,313 $1,368,687
2023 $49,502 $4,900,000 $3,558,150 $1,341,850
2022 $43,236 $4,284,000 $2,987,615 $1,296,385
2021 $36,580 $3,617,088 $2,309,232 $1,307,856
2020 $36,216 $3,580,000 $2,285,554 $1,294,446
2019 $42,226 $4,088,772 $2,836,194 $1,252,578
2018 $42,337 $4,008,600 $2,780,582 $1,228,018
2017 $16,323 $1,591,594 $533,598 $1,057,996
2016 $16,228 $1,560,387 $523,136 $1,037,251
2015 $15,823 $1,536,949 $515,278 $1,021,671
2014 $15,555 $1,506,843 $505,185 $1,001,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22150821

California Regional Multiple Listing Service (CRMLS)

APN: 673-601-05