NOT LISTED FOR SALE

2 Premiere Point Newport Coast, CA 92657

Newport Coast Neighborhood

Estimated Value: $3,936,000 - $18,683,886

7 Beds
6.5 Baths
9,800 Sq Ft
$996/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $6,500,000 $663 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $59,488/month

154 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Private Pool
  • Newport Coast Elementary School Rated A
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of April 2013

BANK APPROVED SHORTSALE! Location Location Location! Short Sale! Major price reduction! You have been waiting for this one. An incredible bargain price for a nearly 3/4 acre pie shaped ocean view, cul-de-sac lot with an award winning 10,000 square foot home at the end of Premiere Point. West facing orientation, prime ocean view location. Owner is engineer and had home built to the highest standards. Original plans convey with home. Located in the prestigious Pelican Hill community. This is truly an exceptional home, featuring superior engineering and quality construction. Gourmet kitchen, large wine cellar, ocean, golf course and greenbelt view. Sparkling pool, spa, bbq area, rose garden and grass area. Complete features list on this enchanting ocean view Santa Barbara style estate available from listing agent upon request.

Last Agent to Sell the Property

Steve Spiro

Asset Liquidators License #01102481 Listed on: 09/18/2012

Last Buyer's Agent

Jun Yang

JC Pacific Corp License #01846731

JC Pacific Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,247

Year Built

  • Built in 1998

Lot Details

  • 0.68 Acre Lot
  • Back Yard

HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Gated Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Golf Course

Home Design

  • Spanish Tile Roof
  • Clay Roof
  • Plaster

Interior Spaces

  • 9,800 Sq Ft Home
  • Built-In Features
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Formal Entry
  • Wine Cellar
  • Dining Room with Fireplace
  • Home Theater

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Dishwasher
  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom Suite

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Association Phone (949) 448-6090

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 14065
  • Assessor Parcel Number 47306128

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,247

Year Built

Built in 1998

Lot Details

0

HOA Fees

$722 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-212-3492
  • Property Attached: No
  • Subdivision Name Other: Pelican Hill
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47306128
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 9800.00
  • Interior Amenities: Built-in Features, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Electric, Gas, Kitchen, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 663.27
  • Room Type: Formal Entry, Foyer, Media Room, Master Suite, Walk-In Pantry, Wine Cellar
  • Spa Features: Private

Exterior Features

  • View: Catalina, Coastline, Golf Course, Ocean
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage Door Opener, Gated
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Appliances: Double Oven, Dishwasher
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 366.00
  • Association #2 Fee: 356.00
  • Association Fee Frequency: Monthly
  • Phone: 949-448-6090
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 29590.00
  • Lot Size Acres: 0.6790

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29590.0000 Square Feet

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 14065

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2012
Closed on
Apr 15, 2013
Sold by
Liu Mandy Juan and Dai Fuling
Bought by
Dai Fuling and Liu Mandy J
Seller's Agent
Steve Spiro
Asset Liquidators
Buyer's Agent
Jun Yang
JC Pacific Corp
List Price
$10,900,000
Sold Price
$6,500,000
Premium/Discount to List
-$4,400,000
-40.37%
Current Estimated Value
$9,759,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,259,962
Avg. Annual Appreciation
4.91%
Original Mortgage
$3,000,000
Interest Rate
3.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 18, 2012
Closed on
Apr 5, 2013
Sold by
Knezevic Miro
Bought by
Liu Mandy Juan and Dai Fuling
Seller's Agent
Steve Spiro
Asset Liquidators
Buyer's Agent
Jun Yang
JC Pacific Corp
List Price
$10,900,000
Sold Price
$6,500,000
Premium/Discount to List
-$4,400,000
-40.37%

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
3.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2012
Sold by
Knezevic Miro and Knezevic Gail L
Bought by
Knezevic Miro and Knezevic Gail L

Purchase Details

Closed on
Sep 12, 2007
Sold by
Knezevic Gail L
Bought by
Knezevic Miro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 4, 2005
Sold by
Knezevic Miro
Bought by
Knezevic Miro and Knezevic Gail L

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
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2005
Sold by
Knezevic Miro
Bought by
Knezevic Miro and Knezevic Gail L

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
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 26, 2005
Sold by
Knezevic Gail
Bought by
Knezevic Miro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Knezevic Gail L and Knezevic Miro
Bought by
Knezevic Miro and Knezevic Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,480,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2000
Sold by
Gail Knezevic and Gail Miro
Bought by
Knezevic Gail L and Knezevic Miro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 4, 2000
Sold by
Gail Knezevic and Gail Miro
Bought by
Knezevic Gail L and Knezevic Miro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 27, 1996
Sold by
Knezevic Gail & Knezevic Family
Bought by
Knezevic Gail L and Knezevic Miro
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
Dai Fuling -- Accommodation
Liu Mandy Juan -- Ticor Title Tustin Orange Co
Knezevic Miro -- Ticor Title Tustin Orange Co
Knezevic Miro -- Ticor Title Tustin Orange Co
Knezevic Miro -- Accommodation
Knezevic Miro -- First American Title Co
Knezevic Miro -- First American Title Co
Knezevic Miro -- --
Knezevic Miro -- Stewart Title
Knezevic Miro -- --
Knezevic Miro -- Stewart Title Of Ca Inc
Knezevic Miro -- New Century Title Company
Knezevic Miro -- Multiple
Knezevic Gail L -- First American Title Ins Co
Knezevic Miro -- First American Title Ins Co
Knezevic Gail L -- American Title Co
Knezevic Miro -- American Title Co
Knezevic Gail L -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Mandy Juan $3,500,000
Previous Owner Knezevic Miro $1,000,000
Previous Owner Knezevic Miro $5,000,000
Previous Owner Knezevic Miro $3,480,000
Previous Owner Knezevic Miro $500,000
Previous Owner Knezevic Miro $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2013 04/16/13 Sold $6,500,000 0.0% $663 / Sq Ft
03/06/2013 03/06/13 Price Changed $6,500,000 -31.6% $663 / Sq Ft
03/02/2013 03/02/13 Price Changed $9,500,000 +5.6% $969 / Sq Ft
02/23/2013 02/23/13 Price Changed $8,999,000 0.0% $918 / Sq Ft
02/19/2013 02/19/13 Price Changed $9,000,000 +38.5% $918 / Sq Ft
01/11/2013 01/11/13 Price Changed $6,500,000 +8.3% $663 / Sq Ft
09/22/2012 09/22/12 Price Changed $6,000,000 +20.0% $612 / Sq Ft
09/21/2012 09/21/12 Price Changed $5,000,000 -54.1% $510 / Sq Ft
09/18/2012 09/18/12 For Sale $10,900,000 -- $1,112 / 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 $84,247 $8,004,282 $4,674,643 $3,329,639
2024 $84,247 $7,847,336 $4,582,984 $3,264,352
2023 $82,367 $7,693,467 $4,493,121 $3,200,346
2022 $81,008 $7,542,615 $4,405,020 $3,137,595
2021 $78,965 $7,394,721 $4,318,647 $3,076,074
2020 $78,797 $7,318,898 $4,274,365 $3,044,533
2019 $77,339 $7,175,391 $4,190,554 $2,984,837
2018 $75,800 $7,034,698 $4,108,387 $2,926,311
2017 $74,464 $6,896,763 $4,027,830 $2,868,933
2016 $72,236 $6,761,533 $3,948,853 $2,812,680
2015 $71,550 $6,659,969 $3,889,538 $2,770,431
2014 $69,860 $6,529,510 $3,813,347 $2,716,163
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Spiro

    Asset Liquidators

    Section Image
  • Jun Yang

    Buyer's Agent in 2013

    Jun Yang

    JC Pacific Corp

    (949) 375-3556

    17 Total Sales

    Jun Yang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S712272

California Regional Multiple Listing Service (CRMLS)

APN: 473-061-28

California Orange County Newport Coast 92625 Newport Coast

2 Premiere Point, Newport Coast, CA

This home is located at 2 Premiere Point, Newport Coast, CA 92657 since 18 September 2012 and is currently estimated at $9,759,962, approximately $995 per square foot. This property was built in 1998. 2 Premiere Point is a home located in Orange County with nearby schools including Newport Coast Elementary School, Corona del Mar Middle and High School, and Harbor Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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