Seller's Agent in 2014
Alison Mccormick
Arbor Real Estate
(949) 355-4104
48 Total Sales
2 Fairwind Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $6,830,000 - $9,168,766
5
Beds
5.5
Baths
5,545
Sq Ft
$1,446/Sq Ft
Est. Value
Highlights
- Ocean View
- Gated with Attendant
- Primary Bedroom Suite
- Newport Coast Elementary School Rated A
- In Ground Spa
- 4-minute walk to Vista Ridge View Park
About This Home
As of September 2014Spectacular custom Mediterranean estate located in the coveted community of Pelican Ridge. Situated on a prime location at the end of a cul de sac, this fabulous, private home is ideal for entertaining. Features include large entry way, a living room with a fireplace and French doors that open to patio, family room with a fireplace, opening to the gourmet kitchen and the backyard patio, pool, spa and outdoor fireplace. Spacious master suite complete with office area, fireplace, private viewdeck, dressing area and luxurious bathroom. Amenities include 1st floor bedroom suite, separate casita with a fireplace, water filtration system, air conditioning and indoor fire sprinkler system.
Last Agent to Sell the Property
Arbor Real Estate License #00607959 Listed on: 02/24/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $44,660
Year Built
- Built in 1993
Lot Details
- 0.3 Acre Lot
- Cul-De-Sac
HOA Fees
- $650 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
Property Views
- Ocean
- Canyon
- Mountain
Home Design
- Mediterranean Architecture
- Tile Roof
- Plaster
Interior Spaces
- 5,545 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Home Gym
- Fire Sprinkler System
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Dishwasher
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
Pool
- In Ground Spa
- Private Pool
Outdoor Features
- Deck
- Open Patio
- Outdoor Fireplace
- Outdoor Grill
Additional Features
- Fireplace in Guest House
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 38
- Tax Tract Number 14037
- Assessor Parcel Number 47705145
Community Details
Overview
- Pelican Ridge Association
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 2, 2022
Sold by
Andy Lee Chung Ying and Chen Michelle
Bought by
Chen-Lee Family Revocable Living Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 11, 2014
Sold by
Lee Chung Ying Andy and Chen Michelle Chen
Bought by
Chen Lee Family Revocable Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Feb 24, 2014
Closed on
Jul 23, 2014
Sold by
Krueger Kenneth P and Krueger Susan D
Bought by
Lee Chung Ying Andy and Chen Michelle Chen
Seller's Agent
Alison Mccormick
Arbor Real Estate
Buyer's Agent
David Tayani
David Tayani, Broker
List Price
$4,295,000
Sold Price
$3,480,000
Premium/Discount to List
-$815,000
-18.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$1,740,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 21, 1998
Sold by
Palmieri and Paula
Bought by
Krueger Kenneth P and Krueger Susan D
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
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 12, 1996
Sold by
O R Ii Customs Ltd
Bought by
Palmieri Alan and Palmieri Paula
Purchase Details
Closed on
Jul 22, 1994
Sold by
The Irvine Company
Bought by
Ccl Realty Ii Ltd
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen-Lee Family Revocable Living Trust | -- | Chicago Title | |
| Lee Chung Ying Andy | -- | Chicago Title | |
| Chen Lee Family Revocable Living Trust | -- | None Available | |
| Lee Chung Ying Andy | -- | Lawyers Title Company | |
| Krueger Kenneth P | $1,550,000 | Fidelity National Title Ins | |
| Palmieri Alan | $1,778,000 | First American Title Ins Co | |
| Ccl Realty Ii Ltd | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lee Chung Ying Andy | $668,000 | |
| Previous Owner | Lee Chung Ying Andy | $1,740,000 | |
| Previous Owner | Lee Chung Ying Andy | $1,740,000 | |
| Previous Owner | Krueger Kenneth P | $460,000 | |
| Previous Owner | Krueger Kenneth P | $100,000 | |
| Previous Owner | Krueger Kenneth P | $1,800,000 | |
| Previous Owner | Krueger Kenneth P | $1,142,700 | |
| Previous Owner | Krueger Kenneth P | $1,140,000 | |
| Previous Owner | Krueger Kenneth P | $1,150,000 | |
| Previous Owner | Krueger Kenneth P | $500,000 | |
| Previous Owner | Krueger Kenneth P | $100,000 | |
| Previous Owner | Krueger Kenneth P | $1,150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2014 09/03/14 | Sold | $3,480,000 | -5.6% | $628 / Sq Ft |
| 07/21/2014 07/21/14 | Pending | -- | -- | -- |
| 07/17/2014 07/17/14 | Price Changed | $3,688,000 | -2.8% | $665 / Sq Ft |
| 06/09/2014 06/09/14 | Price Changed | $3,795,000 | -5.0% | $684 / Sq Ft |
| 05/15/2014 05/15/14 | Price Changed | $3,995,000 | -2.4% | $720 / Sq Ft |
| 04/16/2014 04/16/14 | Price Changed | $4,095,000 | -4.7% | $739 / Sq Ft |
| 02/24/2014 02/24/14 | For Sale | $4,295,000 | -- | $775 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $44,660 | $4,205,165 | $2,958,467 | $1,246,698 |
| 2024 | $44,660 | $4,122,711 | $2,900,458 | $1,222,253 |
| 2023 | $43,624 | $4,041,874 | $2,843,586 | $1,198,288 |
| 2022 | $42,901 | $3,962,622 | $2,787,829 | $1,174,793 |
| 2021 | $41,612 | $3,884,924 | $2,733,166 | $1,151,758 |
| 2020 | $41,782 | $3,845,089 | $2,705,140 | $1,139,949 |
| 2019 | $41,102 | $3,769,696 | $2,652,098 | $1,117,598 |
| 2018 | $40,290 | $3,695,781 | $2,600,096 | $1,095,685 |
| 2017 | $40,543 | $3,623,315 | $2,549,114 | $1,074,201 |
| 2016 | $41,651 | $3,533,070 | $2,499,131 | $1,033,939 |
| 2015 | $41,346 | $3,480,000 | $2,461,591 | $1,018,409 |
| 2014 | $30,189 | $2,467,847 | $1,677,735 | $790,112 |
Source: Public Records
Agents Affiliated with this Home
-
Alison Mccormick
-
David Tayani
Buyer's Agent in 2014
David Tayani
David Tayani, Broker
(714) 293-2239
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP14038495
APN: 477-051-45
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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