NOT LISTED FOR SALE

Estimated Value: $4,380,000 - $5,261,000

4 Beds
2.5 Baths
2,812 Sq Ft
$1,752/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $3,400,000 $1,209 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $29,711/month

34 Days on Market

Highlights

  • Gated with Attendant
  • Heated Spa
  • View of Hills
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom

About This Home

As of September 2022

Prominently located on a cul-de-sac in desirable guard-gated Pacific Ridge, this 2,812 s.f. +/- home offers 4 bedrooms, 3 bathrooms, and private outdoor spaces that create a strong connection to nature. A courtyard with a decidedly European feel offers a soothing fountain surrounded by a paved patio and lush trees, with French doors allowing flowing access to the living room, dining room, and primary suite. The living room is a comfortable space with warm ambiance, offering beamed ceilings, handcrafted built-ins, and a fireplace; this space is situated between the center courtyard and backyard, creating a truly seamless link to the outdoors. Travertine floors showcase timeless quality in the dining room, where French doors open to frame the picturesque courtyard and showpiece urn. The kitchen is a large open space with a casual dining area, a granite-topped island with bar seating, top-line upgrades that include a Wolf oven and microwave, a Wolf 6-burner cooktop, pot filler, Miele dishwasher, and a Sub-Zero wine refrigerator. Built-in sound speakers throughout the main floor and into the backyard, where a sunny paved terrace offers a low-maintenance lounge area with a built-in gas BBQ and bar, a relaxing spa with cascading water features, and views that peek out at the ocean, rugged canyons, and city lights. A rustic outdoor fireplace is a gathering spot that’s ideal for cozy stargazing; this space directly links to the main floor primary suite, where beamed ceilings add upscale charm and an ensuite bathroom features a soaking tub, frameless glass shower, and dual closets. Upstairs are two additional bedrooms with French doors that open to a covered balcony with gorgeous custom tiles, as well as a bonus space that could be a home gym, office, playroom, or 4th bedroom. Additional upgrades include storage cabinets & epoxy floors in the 2-car garage, a security system, and a fire sprinkler system. Pacific Ridge is a fantastic community for outdoor enthusiasts, adjacent to Crystal Cove State Park with easy access to a large system of hiking & biking trails, and resident-only access to a pool & spa. Community amenities are nearby and include the prestigious Pelican Hill Resort, Fashion Island, world-class shopping & dining, golf, beautiful beaches in Newport & Laguna, and the 73.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 07/29/2022

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

ZHENBO TANG

Pinnacle Real Estate Group License #02011531

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 6,374 Sq Ft Lot
  • Cul-De-Sac
  • Sprinkler System
  • Density is up to 1 Unit/Acre

HOA Fees

  • $606 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Planned Development

Interior Spaces

  • 2,812 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Crown Molding
  • Custom Window Coverings
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Views of Hills
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 16462
  • Assessor Parcel Number 47846414

Community Details

Overview

  • Belcara HOA, Phone Number (949) 259-7212
  • First Service Mgmt HOA
  • Belcara Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$606 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Belcara (PRBC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846414
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2812.00 Square Feet
  • Interior Amenities: Balcony, Crown Molding, Tile Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1209.10
  • Room Type: Bonus Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Private, Heated, In Ground
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Master Bath, Tile Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Hills
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Gas Oven, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Playground, Guard, Security, Controlled Access
  • Association Fee: 606.00
  • Association Fee Frequency: Monthly
  • Association Name: Belcara HOA
  • Phone: 949.259.7212
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park, Suburban
  • Association Management: First Service Mgmt

Schools

  • 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: 0-1 Unit/Acre, Cul-De-Sac, Sprinkler System
  • Lot Size Sq Ft: 6374.00
  • Lot Size Acres: 0.1463

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6374.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 16462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 19, 2022
Sold by
Rwb Trust
Bought by
Lin Wenbin and Fan Yue
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
ZHENBO TANG
Pinnacle Real Estate Group
List Price
$3,650,000
Sold Price
$3,400,000
Premium/Discount to List
-$250,000
-6.85%
Views
16
Current Estimated Value
$4,925,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,525,786
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Magner Julie A
Bought by
Bolls Richard William and Rwb Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,065,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2007
Sold by
Magner Ryan Charles
Bought by
Magner Julie A

Purchase Details

Closed on
Dec 8, 2004
Sold by
Taylor Woodrow Homes Inc
Bought by
Pack Julie Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Wenbin $3,400,000 Ticor Title
Bolls Richard William -- First American Title
Magner Julie A -- Fidelity National Title Co
Magner Julie A -- Fidelity National Title Co
Pack Julie Anne -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bolls Richard William $1,065,000
Previous Owner Pack Julie Anne $1,000,000
Closed Pack Julie Anne $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $3,400,000 -6.8% $1,209 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $3,650,000 -- $1,298 / 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 $40,482 $3,537,360 $2,757,060 $780,300
2024 $40,482 $3,468,000 $2,703,000 $765,000
2023 $39,679 $3,400,000 $2,650,000 $750,000
2022 $21,333 $1,723,152 $1,007,899 $715,253
2021 $21,025 $1,689,365 $988,136 $701,229
2020 $21,093 $1,672,043 $978,004 $694,039
2019 $21,188 $1,639,258 $958,827 $680,431
2018 $20,837 $1,607,116 $940,026 $667,090
2017 $21,053 $1,575,604 $921,594 $654,010
2016 $20,157 $1,544,710 $903,523 $641,187
2015 $19,539 $1,521,508 $889,952 $631,556
2014 $19,088 $1,491,704 $872,519 $619,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22160786

California Regional Multiple Listing Service (CRMLS)

APN: 478-464-14