Seller's Agent in 2021
Lee Ann Canaday
RE/MAX
(949) 922-2488
6 in this area
65 Total Sales
16 Morning View Dr Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $5,738,000 - $9,318,000
4
Beds
4.5
Baths
5,392
Sq Ft
$1,409/Sq Ft
Est. Value
Highlights
- Ocean View
- Primary Bedroom Suite
- Recreation Room
- Newport Coast Elementary School Rated A
- Fireplace in Primary Bedroom
- Cathedral Ceiling
About This Home
As of October 2021This beautiful home is located in the gated community of Pelican Ridge Estates in Newport Coast with European Chateau influences and a turret. Situated on a serene canyon with a large rolling lawn and beautiful English gardens. A large entertainers kitchens, handsome wood paneled office, stunning wood carved fireplace and surround in the family room, with a bar area, centrally based sound system, master suite with a cozy sitting area, fireplace and a view deck. Beautiful and romantic, too many details to list. A must see!
Last Agent to Sell the Property
RE/MAX Fine Homes License #00560041 Listed on: 07/21/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $58,401
Year Built
- Built in 1993
Lot Details
- 0.34 Acre Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $505 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Ocean
- Peek-A-Boo
- Canyon
- Hills
Interior Spaces
- 5,392 Sq Ft Home
- Wet Bar
- Built-In Features
- Bar
- Cathedral Ceiling
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Home Office
- Recreation Room
- Laundry Room
Kitchen
- Walk-In Pantry
- Granite Countertops
- Tile Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
- Rain Gutters
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Central Heating and Cooling System
Community Details
- First Service Residential Association, Phone Number (800) 927-4599
- Pelican Ridge Estates Subdivision
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 14038
- Assessor Parcel Number 47708122
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2021
Closed on
Sep 7, 2021
Sold by
Tsern Rebecca Y and Rebecca Y Tsern 1994 Trust
Bought by
Sharifi Amir and Yazdanshenas Desiree
Seller's Agent
Lee Ann Canaday
RE/MAX Fine Homes
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$5,388,000
Sold Price
$5,150,000
Premium/Discount to List
-$238,000
-4.42%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,448,580
Avg. Annual Appreciation
10.35%
Original Mortgage
$3,347,500
Outstanding Balance
$3,048,209
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$4,550,371
Purchase Details
Closed on
Aug 2, 2017
Sold by
Tsern John F
Bought by
Tsern Rebecca Y and The Rebecca Y Tsern 1994 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
2.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 31, 2017
Sold by
Tsern John F
Bought by
Tsern John F and John F Tsern 1994 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
2.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 7, 2017
Sold by
Tsern Rebecca Y
Bought by
Tsern Rebecca Y and Rebecca Y Tsern 1994 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
2.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 3, 2007
Sold by
Tsern John F
Bought by
Tsern John F and The John F Tsern 1994 Trust
Purchase Details
Closed on
Sep 27, 2004
Sold by
Jr Gem Llc
Bought by
Tsern John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,210,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 3, 2004
Sold by
Tsern John F
Bought by
Jr Gem Llc
Purchase Details
Closed on
Nov 19, 2003
Sold by
Tsern Rebecca Y
Bought by
Tsern John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 2003
Sold by
Forman Scott K and Forman Marjorie L
Bought by
Tsern John F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
2.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 24, 2003
Sold by
Tsern John F
Bought by
Tsern John F and John F Tsern 1994 Trust
Purchase Details
Closed on
Aug 22, 2002
Sold by
Forman Scott Kevin and Forman Marjorie Lynn
Bought by
Forman Scott K and Forman Marjorie L
Purchase Details
Closed on
Sep 28, 1994
Sold by
Bramalea California Inc
Bought by
Forman Scott Kevin and Forman Marjorie Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,140,000
Interest Rate
5.15%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharifi Amir | $5,150,000 | First American Title Company | |
| Tsern Rebecca Y | -- | None Available | |
| Tsern John F | -- | Fidelity National Title | |
| Tsern Rebecca Y | -- | None Available | |
| Tsern John F | -- | Title Company | |
| Tsern John F | -- | United Title Company Orange | |
| Tsern John F | -- | United Title Company Orange | |
| Jr Gem Llc | -- | -- | |
| Tsern John F | -- | Commerce Title Company | |
| Tsern John F | $2,450,000 | Commerce Title Company | |
| Tsern John F | -- | -- | |
| Forman Scott K | -- | -- | |
| Forman Scott Kevin | -- | -- | |
| Forman Scott Kevin | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharifi Amir | $3,347,500 | |
| Previous Owner | Tsern John F | $2,600,000 | |
| Previous Owner | Tsern John F | $2,210,000 | |
| Previous Owner | Tsern John F | $1,837,500 | |
| Previous Owner | Forman Scott Kevin | $1,140,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/20/2021 10/20/21 | Sold | $5,150,000 | -4.4% | $955 / Sq Ft |
| 08/01/2021 08/01/21 | Pending | -- | -- | -- |
| 07/21/2021 07/21/21 | For Sale | $5,388,000 | 0.0% | $999 / Sq Ft |
| 06/12/2020 06/12/20 | Rented | $9,200 | -23.3% | -- |
| 02/28/2020 02/28/20 | For Rent | $12,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $58,401 | $5,503,644 | $4,497,201 | $1,006,443 |
| 2024 | $58,401 | $5,395,730 | $4,409,021 | $986,709 |
| 2023 | $57,044 | $5,282,544 | $4,322,570 | $959,974 |
| 2022 | $55,795 | $5,150,000 | $4,237,813 | $912,187 |
| 2021 | $34,512 | $3,218,122 | $2,369,854 | $848,268 |
| 2020 | $34,733 | $3,185,125 | $2,345,554 | $839,571 |
| 2019 | $34,201 | $3,122,672 | $2,299,563 | $823,109 |
| 2018 | $33,527 | $3,061,444 | $2,254,474 | $806,970 |
| 2017 | $33,787 | $3,001,416 | $2,210,268 | $791,148 |
| 2016 | $35,151 | $2,942,565 | $2,166,929 | $775,636 |
| 2015 | $34,903 | $2,898,365 | $2,134,379 | $763,986 |
| 2014 | $34,099 | $2,841,591 | $2,092,570 | $749,021 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Ann Canaday
-
Paul Daftarian
Buyer's Agent in 2021
Paul Daftarian
Luxe Real Estate
(714) 865-5969
90 in this area
242 Total Sales
-
Sahand Zargari
S
Buyer Co-Listing Agent in 2021
Sahand Zargari
Luxe Real Estate
(949) 444-3896
38 in this area
52 Total Sales
-
Katrina Smith
Seller's Agent in 2020
Katrina Smith
Pinpoint Properties
(949) 291-7631
1 in this area
226 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21145898
APN: 477-081-22
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