NOT LISTED FOR SALE

Estimated Value: $5,006,000 - $12,477,744

6 Beds
9 Baths
7,872 Sq Ft
$1,094/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $10,000,000 $1,270 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $58,036/month

6 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Home Theater
  • Agnes L. Smith Elementary Rated A-
  • Property has ocean access
  • Spa

About This Home

As of October 2021

One of a kind beachfront estate property on corner lot with miles of the pristine white sands of Sunset Beach. This home has it all! First floor includes expansive entry with high ceilings and impressive circular staircase, bonus beach room with kitchenette, sit at bar and large walkout beachfront deck, designated movie theatre, bedroom with ensuite bath, guest bath, laundry room, and four car garage. Elevator services all three levels of the home. Second floor designed in great room fashion with full sit at bar separating gourmet kitchen / butler pantry from casual dining area. Main living area with walkout balcony and formal dining room with custom built oval design. Two bedrooms with ensuite baths and guest bath. Third level includes impressive master retreat with balcony, kitchenette and his and her's separate bathrooms and separate walk in closets plus two bedrooms with jack and jill bath and large workout room (could be 7th bedroom) with ensuite bath. Fireplaces in the bonus beach room, living room, and master bedroom.

Last Agent to Sell the Property

Chuck Buscemi

First Team Real Estate License #00933809 Listed on: 09/30/2021

First Team Real Estate

Last Buyer's Agent

Nicolai Glazer

Pacific Sotheby's Int'l Realty License #01857997

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,331

Year Built

  • Built in 1986

Lot Details

  • 3,600 Sq Ft Lot
  • Beach Front
  • Corner Lot

Parking

  • 4 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 7,872 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Home Theater
  • Bonus Room with Fireplace
  • Home Gym
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Spa Bath

Outdoor Features

  • Spa
  • Property has ocean access
  • Ocean Side of Highway 1
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / 10
  • Tax Tract Number 757
  • Assessor Parcel Number 17853806
  • $460 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Sunset Beach Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,331

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Sunset Beach (SUNB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 17853806
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7872.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Bonus Room, Living Room, Master Bedroom
  • Levels: Two, Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1270.33
  • Room Type: Bonus Room, Exercise Room, Formal Entry, Home Theatre, Laundry, Main Floor Bedroom, Master Suite
  • Spa Features: Bath

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Harbor, Mountain(s), Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Watersports

Schools

  • School District: Huntington Beach Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0826

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3600.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 995.06
  • Tax Lot: 6
  • Tax Tract Number: 757
  • TaxOtherAnnualAssessmentAmount: 460.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Oct 13, 2021
Sold by
Reddam John Paul and Reddam Zillah Margaret
Bought by
Richards Anthony B and Richards Patricia N
Seller's Agent
Chuck Buscemi
First Team Real Estate
Buyer's Agent
Nicolai Glazer
Pacific Sotheby's Int'l Realty
List Price
$10,500,000
Sold Price
$10,000,000
Premium/Discount to List
-$500,000
-4.76%
Current Estimated Value
$8,887,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,112,663
Avg. Annual Appreciation
-3.07%

Purchase Details

Closed on
Nov 12, 2013
Sold by
Reddam Zillah Margaret
Bought by
Reddam John Paul and Reddam Zillah Margaret

Purchase Details

Closed on
Jul 22, 2003
Sold by
Bgj Partners Llc
Bought by
Reddam J Paul and Reddam Zillah M

Purchase Details

Closed on
Feb 25, 2000
Sold by
Zeev Drori and Zeev Carolynne Drori
Bought by
Bgj Partners Llc
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
Richards Anthony B $10,000,000 Orange Coast Title Company
Reddam John Paul -- None Available
Reddam John Paul -- None Available
Reddam John Paul -- None Available
Reddam J Paul -- Southland Title Corporation
Bgj Partners Llc -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reddam J Paul $2,685,664
Previous Owner Reddam J Paul $500,000
Previous Owner Reddam J Paul $2,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $10,000,000 -4.8% $1,270 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $10,500,000 -- $1,334 / 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 $115,331 $10,612,080 $8,443,174 $2,168,906
2024 $115,331 $10,404,000 $8,277,621 $2,126,379
2023 $112,674 $10,200,000 $8,115,314 $2,084,686
2022 $109,759 $10,000,000 $7,956,190 $2,043,810
2021 $48,814 $4,427,287 $2,782,380 $1,644,907
2020 $48,510 $4,381,891 $2,753,850 $1,628,041
2019 $47,912 $4,295,972 $2,699,853 $1,596,119
2018 $47,172 $4,211,738 $2,646,915 $1,564,823
2017 $46,553 $4,129,155 $2,595,014 $1,534,141
2016 $44,434 $4,048,192 $2,544,132 $1,504,060
2015 $43,979 $3,987,385 $2,505,917 $1,481,468
2014 $43,084 $3,909,278 $2,456,829 $1,452,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21217781

California Regional Multiple Listing Service (CRMLS)

APN: 178-538-06