NOT LISTED FOR SALE

Estimated Value: $6,577,000 - $9,355,000

0.51 Acre
$15,619,608 Price per Acre
22,216 Sq Ft Lot

Last Sold February 23, 2012

Last sale price $1,800,000

Est. 340% increase in value since last sale

Current estimated payment $51,896/month

937 Days on Market

About This Lot

As of February 2012

Best Value in the Gate Gaurded community of Crystal Cove, Newport Coast's newest Custom Community which is bordered by Crystal Cove State Park.

Last Agent to Sell the Property

Christopher Mahr

HomeSmart, Evergreen Realty License #01121957 Listed on: 06/24/2009

HomeSmart, Evergreen Realty

Last Buyer's Agent

Rob Smith

Compass License #01113111

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $105,235

Lot Details

  • 0.51

Additional Features

  • 0.51 Acre Lot
  • Phone Not Available

Listing and Financial Details

  • Tax Lot 30A
  • Tax Tract Number 16456
  • Assessor Parcel Number 47726122

Property Details

Property Type

Land

Est. Annual Taxes

$105,235

Lot Details

0

Listing Details

  • Assessments: Yes
  • Subdivision Name Other: Custom
  • Survey: Survey Done
  • View: No
  • Zoning: Res
  • Property Type: Land
  • Parcel Number: 47726122
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 80.75

Utilities

  • Utilities: Phone Not Available
  • Electric: Electricity - On Property
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Geological: Yes
  • Lot Size Sq Ft: 22292.00
  • Lot Size Acres: 0.5100

Multi Family

  • Lot Size Area: 22292.0000 Square Feet

Tax Info

  • Tax Area: 07179
  • Tax Lot: 30A
  • Tax Tract Number: 16456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Caltrop Capital Holdings Llc
Bought by
Saber Investments Group Lp
Current Estimated Value
$7,915,000

Purchase Details

Closed on
Jun 21, 2021
Sold by
Saber David H and Reshad Naghmeh Nikki
Bought by
Caltrop Capital Holdings Llc

Purchase Details

Closed on
Dec 29, 2020
Sold by
Saber David H and Reshad Naghmeh Nikki
Bought by
Saber David H and Reshad Naghmeh Nikki

Purchase Details

Closed on
Dec 24, 2020
Sold by
Saber David H and Reshad Naghmeh Nikki
Bought by
Saber David H and Reshad Naghmeh Nikki

Purchase Details

Closed on
Nov 22, 2013
Sold by
Saber David H and Reshad Naghmeh
Bought by
Saber David H and Reshad Naghmeh Nikki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 24, 2009
Closed on
Jan 17, 2012
Sold by
Morales David J and Morales Hannah
Bought by
Saber David H and Reshad Naghmeh
Seller's Agent
Christopher Mahr
HomeSmart, Evergreen Realty
Buyer's Agent
Rob Smith
Compass
List Price
$2,500,000
Sold Price
$1,800,000
Premium/Discount to List
-$700,000
-28%

Purchase Details

Closed on
Jan 28, 2008
Sold by
Irvine Community Development Co Llc
Bought by
Morales David J and Morales Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.75%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Caltrop Capital Holdings Llc -- None Available
Saber David H -- None Available
Saber David H -- None Available
Saber David H -- Fidelity National Title Co
Saber David H -- Stewart Title
Morales David J -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saber David H $3,000,000
Previous Owner Morales David J $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2012 02/23/12 Sold $1,800,000 -28.0% --
01/17/2012 01/17/12 Pending -- -- --
06/24/2009 06/24/09 For Sale $2,500,000 -- --
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 $105,235 $9,911,816 $2,621,455 $7,290,361
2024 $105,235 $9,717,467 $2,570,054 $7,147,413
2023 $103,004 $9,526,929 $2,519,661 $7,007,268
2022 $100,839 $9,340,127 $2,470,256 $6,869,871
2021 $99,069 $9,156,988 $2,421,820 $6,735,168
2020 $97,861 $9,063,095 $2,396,987 $6,666,108
2019 $96,829 $8,885,388 $2,349,988 $6,535,400
2018 $94,999 $8,711,165 $2,303,910 $6,407,255
2017 $87,757 $7,902,132 $2,258,735 $5,643,397
2016 $53,424 $4,523,046 $2,214,447 $2,308,599
2015 $42,978 $3,556,925 $2,181,184 $1,375,741
2014 $25,021 $1,844,335 $1,844,335 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S579739

California Regional Multiple Listing Service (CRMLS)

APN: 477-261-22