NOT LISTED FOR SALE

Estimated Value: $6,602,000 - $7,070,959

4 Beds
4.5 Baths
3,700 Sq Ft
$1,837/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $3,500,000 $946 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $40,362/month

64 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Heated Pool
  • Newport Coast Elementary School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of August 2016

Exclusively located in the prestigious guard-gated, private community of Coastal Canyon in Newport Coast, this recently remodeled approximate 3,700 square foot former model home sits on an over 8,000 square foot lot and showcases four bedroom suites and four-and-one-half baths, plus a downstairs bonus room. The master bedroom retreat offers the ultimate relaxation with its own balcony overlooking the backyard and unobstructed views of ocean, Catalina and city light views. Enjoy gorgeous upgrades throughout, including wood floors upstairs and partial limestone floors downstairs, gourmet kitchen with granite countertops, Viking and Subzero stainless steel appliances, two wine coolers, and wine cellar. Home exudes coastal charm with a secluded, lush landscaped backyard that is ideal for entertaining.

Last Agent to Sell the Property

Michael Fawaz

Compass License #01342829 Listed on: 08/09/2016

Compass

Last Buyer's Agent

Michael Wu

Realty One Group West License #01080311

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,205

Year Built

  • Built in 2001 | Remodeled

Lot Details

  • 8,094 Sq Ft Lot
  • Glass Fence
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Built-In Features
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Six Burner Stove
  • Gas and Electric Range
  • Warming Drawer
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Spa

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Softener
  • Sewer Assessments

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 15705
  • Assessor Parcel Number 47816220

Community Details

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Additional Features

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,205

Year Built

Built in 2001 | Remodeled

Lot Details

0

HOA Fees

$553 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated with Guard, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Serena (SRNA)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47816220
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3700.00
  • Interior Amenities: Built-in Features, Balcony, Wired for Sound
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Gas, Gas Starter, Living Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 945.95
  • Room Type: Bonus Room, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Retreat, Office, Wine Cellar
  • Spa Features: Association
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Glass
  • Patio And Porch Features: Patio, Stone
  • Pool Features: Association, Heated
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas & Electric Range, Gas Water Heater, Microwave, Refrigerator, Warming Drawer, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Gas & Electric Dryer Hookup, Inside, Individual Room, Upper Level
  • Sewer: Sewer Assessments
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Clubhouse Paid, Hiking Trails, Playground, Pool, Sport Court, Tennis Court(s), Trash
  • Association Fee: 553.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 8094.00
  • Price Per Lot Square Foot: 432.42

Multi Family

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

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 15705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Kallers Llc
Bought by
Chen Yan
Current Estimated Value
$6,795,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,386,450
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$5,137,062

Purchase Details

Closed on
Nov 28, 2018
Sold by
Chen Yan
Bought by
Kallers Llc

Purchase Details

Listed on
Aug 9, 2016
Closed on
Aug 11, 2016
Sold by
Gerro John M
Bought by
Chen Yan
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Michael Wu
Realty One Group West
List Price
$3,695,000
Sold Price
$3,500,000
Premium/Discount to List
-$195,000
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Apr 15, 2016
Sold by
Pan Chien Fang and Hsin Mei O
Bought by
Gerro John M and Gerro Revocable Family 1992 Trust

Purchase Details

Closed on
Oct 1, 2001
Sold by
Shea Homes Ltd Partnership
Bought by
Pan Chien Fang and Hsin Mei O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving
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
Chen Yan -- First American Title
Kallers Llc -- Ticor Title Company Of Ca
Chen Yan $3,500,000 None Available
Gerro John M $2,970,000 Western Resources Title Co
Pan Chien Fang $1,585,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yan $1,400,000
Previous Owner Pan Chien Fang $500,000
Previous Owner Pan Chien Fang $1,250,000
Previous Owner Pan Chien Fang $100,000
Previous Owner Pan Chien Fang $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $3,500,000 -5.3% $946 / Sq Ft
08/09/2016 08/09/16 For Sale $3,695,000 +5.6% $999 / Sq Ft
08/09/2016 08/09/16 Off Market $3,500,000 -- --
06/22/2016 06/22/16 Price Changed $3,695,000 -2.6% $999 / Sq Ft
06/07/2016 06/07/16 For Sale $3,795,000 -- $1,026 / 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 $43,205 $4,057,091 $3,221,138 $835,953
2024 $43,205 $3,977,541 $3,157,979 $819,562
2023 $42,203 $3,899,550 $3,096,057 $803,493
2022 $41,503 $3,823,089 $3,035,350 $787,739
2021 $40,112 $3,748,127 $2,975,833 $772,294
2020 $40,424 $3,709,695 $2,945,319 $764,376
2019 $39,618 $3,622,250 $2,887,567 $734,683
2018 $39,597 $3,622,250 $2,887,567 $734,683
2017 $39,261 $3,500,000 $2,830,948 $669,052
2016 $24,763 $1,977,978 $1,412,006 $565,972
2015 $24,620 $1,948,267 $1,390,796 $557,471
2014 $24,071 $1,910,104 $1,363,553 $546,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16122292

California Regional Multiple Listing Service (CRMLS)

APN: 478-162-20