NOT LISTED FOR SALE

Estimated Value: $4,603,000 - $5,864,745

3 Beds
3 Baths
3,396 Sq Ft
$1,513/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $2,950,000 $869 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $30,507/month

195 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Solar Heated Infinity Pool
  • Abraham Lincoln Elementary School Rated A
  • 24-Hour Security
  • 2-minute walk to Spyglass Hill Park

About This Home

As of March 2018

Perched on a hillside beyond the gates of the renowned Harbor Ridge community and enriched by a generous lot on a cul-de-sac location, sits this casually elegant, exquisite custom-built residence. Characterized by classic materials such as stucco walls, rich hardwood and marble floors, high volume ceilings with wood beams that blend meticulously with today's modern amenities. The spacious living room includes wood burning fireplace, lighted built-in china cabinet, a bar for wine tasting (from the wine storage), and overlooks the backyard highlighted by a dramatic infinity pool and spa, built-in barbecue and spectacular panoramic unobstructed views of the ocean, Catalina island, harbor and city lights. Fabulous space for indoor/outdoor living including an open floor plan with ample light, 2-story ceiling with skylight, luxurious master suite with wood burning fireplace, marble bath, shower and bidet, 3 bedroom suite plus a loft. This enchanting residence is accessed through a gated front courtyard, double door entry, foyer and 3-car garage with direct access. Harbor Ridge amenities include 24-hour gate guard and patrol, 3 gates, 4 pools, 3 tennis courts, and situated within close proximity to shopping, beach, John Wayne airport, route 73 toll road, Fashion Island mall, Pelican Hill Golf course and Resort, medical offices and Hoag hospital.

Last Agent to Sell the Property

Mina Maghami

Berkshire Hathaway HomeService License #01159753 Listed on: 08/28/2017

Berkshire Hathaway HomeService

Co-Listed By

Joseph Maghami

Berkshire Hathaway HomeService License #01908118

Berkshire Hathaway HomeService

Last Buyer's Agent

Joseph Maghami

Berkshire Hathaway HomeService License #01908118

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,086

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Wrought Iron Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Value in Land

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors
  • Gentle Sloping Lot
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Custom Home
  • Split Level Home
  • Slab Foundation

Interior Spaces

  • 3,396 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Stained Glass
  • Bay Window
  • Wood Frame Window
  • Window Screens
  • Formal Entry
  • Wine Cellar
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Center Hall

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Pots and Pans Drawers
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub
  • Separate Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Solar Heated Infinity Pool
  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Solar Heated Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer on Bond
  • Sewer Assessments
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9860
  • Assessor Parcel Number 46111139

Community Details

Overview

  • Harbor Ridge Customs Association, Phone Number (714) 288-2620
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Meeting Room
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,086

Year Built

Built in 1980

Lot Details

0

HOA Fees

$285 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Joseph Maghami
  • Other Phone Number: 949-813-1619
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Security System, Smoke Detector(s)
  • Subdivision Name Other: Harbor Ridge Custom (HRCS)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46111139
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3396.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Sunken Living Room, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Bedroom, Gas, Gas Starter, Wood Burning
  • Levels: One, Multi/Split
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 868.67
  • Room Type: All Bedrooms Down, Center Hall, Dressing Area, Entry, Formal Entry, Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Two Masters, Walk-In Closet, Wine Cellar
  • Spa Features: Association, Heated, In Ground, Private, Solar Heated
  • Window Features: Bay Window(s), Custom Covering, Double Pane Windows, Plantation Shutters, Screens, Shutters, Skylight(s), Stained Glass, Wood Frames
  • Bathroom Features: Bathtub, Bidet, Shower, Closet In Bathroom, Double Sinks In Bath(s), Remodeled, Separate Tub And Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Enclosed, Front Porch, Tile, Wrap Around
  • Pool Features: Community, Private, In Ground, Infinity, Filtered, Solar Heat
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Three Door, Oversized, Private
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Sewer Assessments, Sewer On Bond, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Meeting Room, Maintenance Grounds, Trash, Dues Paid Monthly, Pets Permitted, Call for Rules, Guard, Security
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Association Name: Harbor Ridge Customs
  • Phone: 714-288-2620
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Garden, Gentle Sloping, Landscaped, Lawn, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Up Slope from Street, Value In Land, Yard
  • Lot Size Sq Ft: 14400.00

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 1
  • Tax Tract Number: 9860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2018
Sold by
Wong Raymond and Ou Kary
Bought by
Wong Raymond and Ou Kary
Current Estimated Value
$5,139,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 28, 2017
Closed on
Mar 14, 2018
Sold by
Wang Property Management Llc
Bought by
Wong Raymond and Ou Kary
Seller's Agent
Mina Maghami
Berkshire Hathaway HomeService
Buyer's Agent
Joseph Maghami
Berkshire Hathaway HomeService
List Price
$3,489,000
Sold Price
$2,950,000
Premium/Discount to List
-$539,000
-15.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 23, 2017
Sold by
Madigan Peter J
Bought by
Wang Property Management Llc
Seller's Agent
Mina Maghami
Berkshire Hathaway HomeService
Buyer's Agent
Mina Maghami
Berkshire Hathaway HomeService
List Price
$3,489,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,489,000
-42.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.64%

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 8, 2017
Sold by
Madigan Peter J
Bought by
Madigan Peter J and Peter J Madigan Trust
Seller's Agent
Mina Maghami
Berkshire Hathaway HomeService
Buyer's Agent
Mina Maghami
Berkshire Hathaway HomeService
List Price
$3,489,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,489,000
-42.68%

Purchase Details

Closed on
Jun 19, 1996
Sold by
Panasitti Miguel A and Panasitti Mabel I G
Bought by
Madigan Peter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
8.32%
Source: Public Records

Range of Values:

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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
Wong Raymond -- Old Republic Title Co
Wong Raymond $2,950,000 North American Title Co
Wang Property Management Llc $2,000,000 North American Title Company
Madigan Peter J -- None Available
Madigan Peter J $1,050,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Raymond $322,000
Open Wong Raymond $1,500,000
Closed Wong Raymond $400,000
Closed Wong Raymond $600,000
Previous Owner Madigan Peter J $285,000
Previous Owner Madigan Peter J $500,000
Previous Owner Madigan Peter J $400,000
Previous Owner Madigan Peter J $822,000
Previous Owner Madigan Peter J $200,000
Previous Owner Madigan Peter J $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2018 03/28/18 Sold $2,950,000 -7.8% $869 / Sq Ft
11/15/2017 11/15/17 Price Changed $3,200,000 -8.3% $942 / Sq Ft
08/28/2017 08/28/17 For Sale $3,489,000 +74.5% $1,027 / Sq Ft
06/02/2017 06/02/17 Sold $2,000,000 -42.7% $589 / Sq Ft
04/06/2017 04/06/17 For Sale $3,489,000 -- $1,027 / 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 $34,086 $3,356,594 $2,684,727 $671,867
2024 $34,086 $3,290,779 $2,632,085 $658,694
2023 $33,281 $3,226,254 $2,580,475 $645,779
2022 $32,655 $3,162,995 $2,529,878 $633,117
2021 $32,023 $3,100,976 $2,480,273 $620,703
2020 $31,698 $3,069,180 $2,454,841 $614,339
2019 $31,062 $3,009,000 $2,406,706 $602,294
2018 $29,496 $2,856,000 $2,305,200 $550,800
2017 $15,330 $1,473,518 $977,282 $496,236
2016 $14,988 $1,444,626 $958,120 $486,506
2015 $14,851 $1,422,927 $943,728 $479,199
2014 $14,509 $1,395,054 $925,241 $469,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17200550

California Regional Multiple Listing Service (CRMLS)

APN: 461-111-39