NOT LISTED FOR SALE

Estimated Value: $7,375,000 - $8,516,000

5 Beds
4.5 Baths
4,495 Sq Ft
$1,780/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $4,075,000 $907 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $48,192/month

21 Days on Market

Highlights

  • Ocean View
  • Koi Pond
  • In Ground Pool
  • Abraham Lincoln Elementary School Rated A
  • 24-Hour Security
  • Updated Kitchen

About This Home

As of October 2017

Located in the exclusive guard gated community of Big Canyon, this single level home sits at the end of a quiet cul-de-sac. Situated on an elevated 18,900 square foot lot, it offers fabulous city light views and a peek-a-boo view of the ocean. Behind the home’s gated entry you will be captivated by a serene Koi pond that leads to this dramatic soft contemporary residence. The home consists of five bedrooms, each with a dedicated outdoor area, a spacious living room with vaulted ceilings and a formal dining area. The gourmet kitchen features stainless steel appliances with marble countertops and flows into a great room that looks out onto the expansive yard. The backyard is accessible from most of the living areas and is very private, perfect for family gatherings or entertaining. Notable features of the backyard include a spa, dramatic waterfall that flows into the pool and an outdoor fireplace. Additional qualities of this special home include a private reading retreat and a cocktail bar accented with a marble countertop and wine refrigerator. This home is minutes from Fashion Island, beaches and all the amenities of Newport Beach.

Last Agent to Sell the Property

Pallie Jones

Arbor Real Estate License #01918002 Listed on: 08/09/2017

Arbor Real Estate

Co-Listed By

Pam Duley

Compass License #00899324

Last Buyer's Agent

Arlen Raubach

Compass License #01890023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,685

Year Built

  • Built in 1973

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Front Yard

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • City Lights
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,495 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Bay Window
  • Double Door Entry
  • French Doors
  • Atrium Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Library with Fireplace
  • Wood Flooring
  • Attic

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Waterfall Pool Feature
  • Pool Tile
  • Permits for Pool

Outdoor Features

  • Concrete Porch or Patio
  • Koi Pond
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Hot Water Circulator
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 7638
  • Assessor Parcel Number 44222133

Community Details

Overview

  • Canyon Crest Association, Phone Number (949) 838-3225

Recreation

  • Community Playground

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,685

Year Built

Built in 1973

Lot Details

0

HOA Fees

$297 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Fire and Smoke Detection System, Gated Community, Gated with Guard, Security Lights, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Big Canyon Broadmoor (BCBM)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44222133
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4495.00 Square Feet
  • Interior Amenities: Bar, High Ceilings, Open Floorplan, Recessed Lighting, Track Lighting, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Atrium Doors, Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen
  • Fireplace Features: Family Room, Library
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 906.56
  • Room Type: All Bedrooms Down, Attic, Main Floor Master Bedroom
  • Spa Features: Heated, In Ground
  • Window Features: Bay Window(s)
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Koi Pond
  • View: City Lights, Ocean, Peek-A-Boo
  • Patio And Porch Features: Concrete
  • Pool Features: Private, In Ground, Waterfall, Gas Heat, Gunite, Tile, Permits
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Glass, Stucco

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Indoor Grill, Hot Water Circulator, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground
  • Association Fee: 890.00
  • Association Fee Frequency: Quarterly
  • Association Name: Canyon Crest
  • Phone: 949-838-3225
  • 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: Cul-De-Sac, Front Yard, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18900.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 630.07
  • Tax Lot: 31
  • Tax Tract Number: 7638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 2, 2017
Sold by
Bright Christopher M and Bright Kay S
Bought by
Dao Linh Thi Diem and Ctbd Trust
Seller's Agent
Pallie Jones
Arbor Real Estate
Buyer's Agent
Arlen Raubach
Compass
List Price
$4,000,000
Sold Price
$4,075,000
Premium/Discount to List
$75,000
1.88%
Current Estimated Value
$8,000,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,925,461
Avg. Annual Appreciation
8.90%

Purchase Details

Closed on
Apr 16, 2004
Sold by
Verleger Philip K and Verleger Margaret B
Bought by
Bright Christopher M and Bright Kay S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2001
Sold by
Verleger Philip K and Verleger Margaret B
Bought by
Verleger Philip K and Verleger Margaret B

Purchase Details

Closed on
May 21, 1999
Sold by
Fix Joanne D
Bought by
Verleger Philip K and Verleger Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.25%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Fix Warren D
Bought by
Fix Joanne D

Purchase Details

Closed on
Aug 13, 1998
Sold by
Fix Joanne D
Bought by
Fix Joanne D
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
Dao Linh Thi Diem $4,075,000 Lawyers Title Co
Bright Christopher M $2,450,000 Southland Title Corporation
Verleger Philip K -- --
Verleger Philip K $1,795,000 First American Title Ins Co
Fix Joanne D -- First American Title Ins Co
Fix Joanne D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ctbd Trust $5,200,000
Previous Owner Bright Christopher M $1,000,000
Previous Owner Bright Christopher M $1,879,000
Previous Owner Bright Christopher M $700,000
Previous Owner Bright Christopher M $500,000
Previous Owner Bright Christopher M $1,200,000
Previous Owner Verleger Philip K $975,000
Previous Owner Verleger Philip K $1,000,000
Previous Owner Verleger Philip K $1,200,000
Closed Bright Christopher M $501,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $4,075,000 +1.9% $907 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $4,000,000 -- $890 / 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 $55,685 $5,359,937 $3,519,475 $1,840,462
2024 $55,685 $5,254,841 $3,450,466 $1,804,375
2023 $54,386 $5,151,805 $3,382,809 $1,768,996
2022 $53,491 $5,050,790 $3,316,480 $1,734,310
2021 $52,463 $4,951,755 $3,251,451 $1,700,304
2020 $49,760 $4,692,039 $3,218,111 $1,473,928
2019 $37,592 $3,541,446 $3,155,011 $386,435
2018 $43,178 $4,075,000 $3,093,149 $981,851
2017 $32,395 $3,043,556 $2,473,972 $569,584
2016 $31,665 $2,983,879 $2,425,463 $558,416
2015 $31,368 $2,939,059 $2,389,030 $550,029
2014 $30,628 $2,881,487 $2,342,232 $539,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17176242

California Regional Multiple Listing Service (CRMLS)

APN: 442-221-33