NOT LISTED FOR SALE

Estimated Value: $4,054,000 - $4,672,000

3 Beds
3.5 Baths
2,718 Sq Ft
$1,618/Sq Ft Est. Value

Last Sold February 15, 2020

Last sale price $2,100,000 $773 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $26,846/month

266 Days on Market

Highlights

  • Gated with Attendant
  • Spa
  • Main Floor Bedroom
  • Newport Coast Elementary School Rated A
  • Panoramic View
  • 4-minute walk to Coastal Peak Park

About This Home

As of February 2020

Stunning panoramic views of city lights, hills and mountains, this designer perfect Tuscan Inspired highly upgraded home located in the 24 hour guard gated community of Pacific Ridge on a cull-de-sac lot. Featuring beautiful stone flooring on the first floor and laminated wood flooring on the second floor, long driveway and window shutters. Gourmet kitchen boasts stainless steel appliances, center island, granite countertops and built-in refrigerator. Main floor bedroom/bath, spacious master suit with a retreat and office area that is completed by panoramic views of city lights, hills and mountains. Enjoy the beautifully landscaped private back yard with city lights and mountain views. close proximity to Fashion Island, shopping, dining and much more....

Last Agent to Sell the Property

Mark Ravanpak

Surterre Properties Inc License #01274523 Listed on: 04/22/2019

Surterre Properties Inc

Last Buyer's Agent

Babak Khorashadi

K Pacific Group License #01837624

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,634

Year Built

  • Built in 2005

Lot Details

  • 5,192 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $551 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Planned Development

Interior Spaces

  • 2,718 Sq Ft Home
  • French Doors
  • Family Room with Fireplace
  • Breakfast Bar
  • Laundry Room

Flooring

  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Spa
  • Exterior Lighting

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 16462
  • Assessor Parcel Number 47846441

Community Details

Overview

  • First Service Resid. Association, Phone Number (800) 428-5588
  • Pacific Ridge Maint. HOA

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,634

Year Built

Built in 2005

Lot Details

0

HOA Fees

$551 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-395-4688
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Belcara (PRBC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846441
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2718.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 772.63
  • Room Type: Main Floor Bedroom
  • Spa Features: Association

Exterior Features

  • View: City Lights, Mountain(s), Panoramic
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 551.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Resid.
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Pacific Ridge Maint.

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 5192.00
  • Lot Size Acres: 0.1192

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5192.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 41
  • Tax Tract Number: 16462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2021
Sold by
Khorashadi Babak
Bought by
K Pacific Group Inc
Current Estimated Value
$4,397,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,817,000
Outstanding Balance
$1,683,591
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$2,374,352

Purchase Details

Closed on
Sep 4, 2019
Sold by
Lani Manijeh E and The Manijeh E Lani Trust
Bought by
Khorashadi Babak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2011
Closed on
Feb 3, 2012
Sold by
U S Bank National Association
Bought by
Lani Manijeh E and The Manijeh E Lani Trust
Seller's Agent
Raquel Pasala
ViewPoint Reo Realty Inc
Buyer's Agent
Setare Maal
Pacific Sotheby's Int'l Realty
List Price
$1,249,900
Sold Price
$1,100,000
Premium/Discount to List
-$149,900
-11.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Mar 3, 2011
Sold by
Diau Vincent Guanchyun and Wang Chinhuei
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 16, 2005
Sold by
Diau Vincent Guanchyun and Wang Chinhuei
Bought by
Diau Guan Chyun and Wang Chin Huei

Purchase Details

Closed on
Aug 29, 2005
Sold by
Taylor Woodrow Homes Inc
Bought by
Diau Vincent Guanchyun and Wang Chinhuei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,832
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving
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
K Pacific Group Inc -- Title Connect Inc
Khorashadi Babak $2,100,000 First American Title Company
Lani Manijeh E $1,100,000 Servicelink
U S Bank National Association $1,260,000 None Available
Diau Guan Chyun -- --
Diau Vincent Guanchyun $1,731,000 First American Title Co Subd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khorashadi Babak $750,000
Closed Khorashadi Babak $400,000
Open K Pacific Group Inc $1,817,000
Previous Owner Khorashadi Babak $1,817,000
Previous Owner Khorashadi Babak $1,785,000
Previous Owner Diau Vincent Guanchyun $172,832
Previous Owner Diau Vincent Guanchyun $1,382,661
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2020 02/15/20 Sold $2,100,000 -4.5% $773 / Sq Ft
08/28/2019 08/28/19 Price Changed $2,198,000 -4.4% $809 / Sq Ft
06/28/2019 06/28/19 Price Changed $2,298,000 0.0% $845 / Sq Ft
05/01/2019 05/01/19 Price Changed $2,299,000 -4.2% $846 / Sq Ft
04/22/2019 04/22/19 For Sale $2,399,000 0.0% $883 / Sq Ft
06/01/2018 06/01/18 Rented $6,400 -1.5% --
04/30/2018 04/30/18 Price Changed $6,500 -5.8% $2 / Sq Ft
02/06/2018 02/06/18 For Rent $6,900 +7.8% --
08/05/2015 08/05/15 Rented $6,400 -7.2% --
07/06/2015 07/06/15 Under Contract -- -- --
05/04/2015 05/04/15 For Rent $6,900 0.0% --
02/22/2012 02/22/12 Sold $1,100,000 -5.3% $440 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
01/04/2012 01/04/12 Price Changed $1,161,900 -1.9% $465 / Sq Ft
12/19/2011 12/19/11 Price Changed $1,184,900 -5.2% $474 / Sq Ft
12/15/2011 12/15/11 For Sale $1,249,900 0.0% $500 / Sq Ft
12/12/2011 12/12/11 Pending -- -- --
11/28/2011 11/28/11 Price Changed $1,249,900 -2.0% $500 / Sq Ft
10/31/2011 10/31/11 Price Changed $1,274,900 -5.1% $510 / Sq Ft
10/12/2011 10/12/11 Price Changed $1,343,900 -1.5% $538 / Sq Ft
09/19/2011 09/19/11 Price Changed $1,364,200 -1.5% $546 / Sq Ft
08/29/2011 08/29/11 For Sale $1,384,900 -- $554 / 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 $26,634 $2,296,655 $1,526,131 $770,524
2024 $26,634 $2,251,623 $1,496,207 $755,416
2023 $26,146 $2,207,474 $1,466,870 $740,604
2022 $25,423 $2,164,191 $1,438,108 $726,083
2021 $25,033 $2,121,756 $1,409,909 $711,847
2020 $16,369 $1,263,350 $646,068 $617,282
2019 $16,574 $1,238,579 $633,400 $605,179
2018 $16,323 $1,214,294 $620,981 $593,313
2017 $16,610 $1,190,485 $608,805 $581,680
2016 $15,818 $1,167,143 $596,868 $570,275
2015 $15,246 $1,149,612 $587,903 $561,709
2014 $14,906 $1,127,093 $576,387 $550,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19090362

California Regional Multiple Listing Service (CRMLS)

APN: 478-464-41