NOT LISTED FOR SALE

Estimated Value: $4,728,138 - $5,338,000

3 Beds
3.5 Baths
2,753 Sq Ft
$1,848/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $2,500,000 $908 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $30,223/month

19 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Main Floor Primary Bedroom
  • Newport Coast Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Coastal Peak Park

About This Home

As of March 2017

Magnificent ocean view property ensconced within the guard-gated community of Pienza at Pacific Ridge in the Newport Coast. Situated on a single loaded elevated corner lot this luxurious property features spectacular southerly ocean views to include the West end of Catalina Island, San Clemente Island, and panoramic coastal hill sight lines from Newport Beach toward Laguna Beach and beyond. Architectural correct Mediterranean design featuring an entry courtyard, and an entertainer's rear yard that is accessed by multiple French doors spilling out into a resort inspired exterior lounge featuring a built-in grill, prep station and fireplace. The main floor provides a Master Suite and Great Room with sit down ocean views, an office and a large light filled professional kitchen. Best of all, a second story guest suite is situated away from the main rooms with a private exterior access. The home when built; showcased a fit and finish found only when builders employ dedicated craftsmen and designer materials to create a very livable yet sophisticated interior. The various associations feature resort inspired amenities to include a clubhouse, walking trails, pool & spa. Best of all, the Beach, Harbor, Bay, shopping, dining and entertainment of Newport Beach are a jaunt down the hill.

Last Agent to Sell the Property

Patrick Bartolic

Coldwell Banker Realty License #00783792 Listed on: 01/20/2017

Coldwell Banker Realty

Co-Listed By

Tony Bartolic

Coldwell Banker Realty License #01193486

Last Buyer's Agent

Jesse Barraza

Surterre Properties Inc. License #01186803

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,029

Year Built

  • Built in 2006

Lot Details

  • 6,508 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Panoramic
  • Hills

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Living Room with Fireplace
  • Library
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Additional Features

  • Rain Gutters
  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 16464
  • Assessor Parcel Number 47845229

Community Details

Overview

  • First Service Res. Association, Phone Number (949) 448-6185

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,029

Year Built

Built in 2006

Lot Details

0

HOA Fees

$437 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Guard
  • Subdivision Name Other: Pienza (PRPZ)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47845229
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2753.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 908.10
  • Room Type: Great Room, Laundry, Library, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite

Exterior Features

  • View: Hills, Ocean, Panoramic
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 437.00
  • Association Fee Frequency: Monthly
  • Association Name: First Service Res.
  • Phone: 949-448-6185
  • Senior Community: No
  • Community Features: Curbs, Gutters, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6508.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 10
  • Tax Tract Number: 16464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Feb 15, 2017
Sold by
Wilmington Trust Na
Bought by
Albertson Gina L and Albertson Aaron M
Seller's Agent
Patrick Bartolic
Coldwell Banker Realty
Buyer's Agent
Jesse Barraza
Surterre Properties Inc.
List Price
$2,500,000
Sold Price
$2,500,000
Current Estimated Value
$5,087,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,587,535
Avg. Annual Appreciation
8.68%
Original Mortgage
$625,000
Outstanding Balance
$545,938
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,541,597

Purchase Details

Closed on
Oct 19, 2016
Sold by
Aslami Abdullah Azeem
Bought by
Citibank Na

Purchase Details

Closed on
Jul 19, 2006
Sold by
Greystone Homes Inc
Bought by
Aslami Abdullah Azeem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 8, 2006
Sold by
Kostkova Vera
Bought by
Aslami Abdullah Azeem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Albertson Gina L $2,500,000 Servicelink
Citibank Na $1,912,500 Accommodation
Aslami Abdullah Azeem $2,296,500 North American Title Co
Aslami Abdullah Azeem -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albertson Gina L $625,000
Open Albertson Gina L $1,500,000
Previous Owner Aslami Abdullah Azeem $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $2,500,000 0.0% $908 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $2,500,000 -- $908 / 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 $35,029 $2,901,463 $2,245,037 $656,426
2024 $35,029 $2,844,572 $2,201,017 $643,555
2023 $34,380 $2,788,797 $2,157,860 $630,937
2022 $33,462 $2,734,115 $2,115,549 $618,566
2021 $32,956 $2,680,505 $2,074,067 $606,438
2020 $32,957 $2,653,020 $2,052,800 $600,220
2019 $32,966 $2,601,000 $2,012,549 $588,451
2018 $32,413 $2,550,000 $1,973,087 $576,913
2017 $29,132 $2,165,528 $1,594,032 $571,496
2016 $28,295 $2,165,528 $1,534,039 $631,489
2015 $27,388 $2,133,000 $1,510,996 $622,004
2014 $22,911 $1,733,034 $1,111,030 $622,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17013574

California Regional Multiple Listing Service (CRMLS)

APN: 478-452-29