NOT LISTED FOR SALE

Estimated Value: $6,740,000 - $9,859,986

4 Beds
4.5 Baths
3,923 Sq Ft
$2,167/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $6,810,000 $1,736 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $53,481/month

6 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • In Ground Pool
  • 3-minute walk to Vista Ridge View Park

About This Home

As of October 2021

A sophisticated expression of coastal living. Nestled on a premiere oversized corner lot in the exclusive guard-gated community of Perazul, this custom front-row estate delivers expansive ocean, Newport Harbor, city lights, and Catalina Island views. Airy, sun-lit interiors measure over 3,900 square feet and exhibit artful touches such as decorative ceilings, travertine flooring, custom millwork, and high-end designer details. With nearly every room in the home having access to a balcony, loggia, or patio, the estate curates a virtually seamless transition between indoors and out. Accommodations comprise of four en-suite bedrooms (one of which is on the main level), a loft room, a formal dining with adjacent outdoor water feature, two separate living rooms both warmed by fireplaces, and a chef’s kitchen equipped with Bosh and SubZero appliances that opens to a morning room fit with French doors. Set on an approximate 11,963 square foot lot with a backdrop of the ocean, the exterior is simply unrivaled in both scale and setting. Complete with pool, spa, and waterfall features, the backyard is fit with a custom stone fireplace and seating, built-in barbecue, wet bar, elevated covered dining pavilion, meticulous landscaping, and mature trees which further the sense of privacy and seclusion. The sumptuous master suite, with every convenience considered, features a large ocean-view balcony, gas fireplace, oversized spa-like bath, separate steam shower, dual vanity sinks, vanity area, and walk-in closet. Situated just moments away from championship golf courses, John Wayne International Airport, Crystal Cove beaches, five-star shopping and dining, an extraordinary lifestyle of luxury and convenience awaits.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 09/10/2021

Coldwell Banker Realty

Last Buyer's Agent

Jacqueline Thompson

Coldwell Banker Realty License #01476106

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,624

Year Built

  • Built in 1999

Lot Details

  • 0.27 Acre Lot
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $619 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 3,923 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Recessed Lighting
  • Custom Window Coverings
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Utility Sink

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Standard Electricity

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 15394
  • Assessor Parcel Number 47817146

Community Details

Overview

  • Ocean Heights Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Perazul Subdivision

Amenities

  • Outdoor Cooking Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,624

Year Built

Built in 1999

Lot Details

0

HOA Fees

$619 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 949.478.2295
  • Other Phone Description: 949.478.2295
  • Other Phone Number: 949.478.2295
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47817146
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3923.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Crown Molding, Recessed Lighting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Retreat, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1735.92
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room
  • Spa Features: Private, Association
  • Window Features: Custom Covering
  • Bathroom Features: Shower, Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Patio And Porch Features: Covered, Patio, Tile
  • Pool Features: Private, Association, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 619.00
  • Association Fee Frequency: Monthly
  • Association Name: OCEAN HEIGHTS
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Golf, Park
  • Association Management: FIRST SERVICE RESIDENTIAL

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • 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: Landscaped
  • Lot Size Sq Ft: 11963.00
  • Lot Size Acres: 0.2746

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11963.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 38
  • Tax Tract Number: 15394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Shedd Steve A and Shedd Terri L
Bought by
Kinkelaar William Bradley and Kinkelaar Leanne Marie
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Jacqueline Thompson
Coldwell Banker Realty
List Price
$6,695,000
Sold Price
$6,810,000
Premium/Discount to List
$115,000
1.72%
Current Estimated Value
$8,488,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,678,809
Avg. Annual Appreciation
7.32%
Original Mortgage
$3,500,000
Outstanding Balance
$3,225,606
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$5,687,789

Purchase Details

Closed on
Jul 2, 2008
Sold by
Shedd Steve A and Shedd Terri L
Bought by
Shedd Steve A and Shedd Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 18, 2007
Sold by
Shedd Steve A and Shedd Terri L
Bought by
Shedd Steve L and Shedd Terri L

Purchase Details

Closed on
May 18, 2004
Sold by
Shedd Steven A and Shedd Terri L
Bought by
Shedd Steven A and Shedd Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,558,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Hall James P
Bought by
Shedd Steve A and Shedd Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1999
Sold by
Hall Mary D
Bought by
Hall James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,678,110
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
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
Kinkelaar William Bradley $6,810,000 First American Title Company
Shedd Steve A -- Lawyers Title Ins
Shedd Steve L -- None Available
Shedd Steven A -- Alliance Title Company
Shedd Steve A $3,150,000 First American Title Co
Hall James P -- First American Title Ins Co
Hall James P -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinkelaar William Bradley $3,500,000
Previous Owner Shedd Steve A $768,000
Previous Owner Shedd Steve A $896,000
Previous Owner Shedd Steve A $912,000
Previous Owner Shedd Steve A $650,000
Previous Owner Shedd Steven A $1,558,000
Previous Owner Shedd Steve A $1,575,000
Previous Owner Hall James P $276,500
Previous Owner Hall James P $1,678,110
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $6,810,000 +1.7% $1,736 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $6,695,000 -- $1,707 / 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 $76,624 $7,226,826 $6,114,422 $1,112,404
2024 $76,624 $7,085,124 $5,994,531 $1,090,593
2023 $74,846 $6,946,200 $5,876,991 $1,069,209
2022 $73,681 $6,810,000 $5,761,755 $1,048,245
2021 $44,197 $4,137,587 $3,081,558 $1,056,029
2020 $44,438 $4,095,162 $3,049,961 $1,045,201
2019 $43,700 $4,014,865 $2,990,158 $1,024,707
2018 $42,835 $3,936,143 $2,931,528 $1,004,615
2017 $42,926 $3,858,964 $2,874,047 $984,917
2016 $43,925 $3,783,299 $2,817,694 $965,605
2015 $43,596 $3,726,471 $2,775,370 $951,101
2014 $41,737 $3,572,000 $2,701,756 $870,244
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21196734

California Regional Multiple Listing Service (CRMLS)

APN: 478-171-46