NOT LISTED FOR SALE

Estimated Value: $6,809,848 - $8,650,000

4 Beds
3.5 Baths
5,000 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $4,475,000 $895 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $42,945/month

42 Days on Market

Highlights

  • Guest House
  • 24-Hour Security
  • Open Floorplan
  • Abraham Lincoln Elementary School Rated A
  • In Ground Spa
  • 3-minute walk to One Ford Road Park

About This Home

As of July 2015

This exquisite residence is situated at the end of a private cul-de-sac on an expansive double lot spanning 12,000 square feet. Radiating prestige throughout every room, this magnificent 5,000 sq. ft. estate was intuitively designed to allow for every modern convenience imaginable. Upon entrance, you will be captivated by the open and bright floor plan, which invites you to indulge in all this estate has to offer. The main level encompasses a spacious living room with soaring ceilings and detailed crown molding; elegant formal dining room with custom coffered ceilings; gourmet chef’s kitchen complete with brilliant white cabinetry, marble countertops, the finest stainless steel appliances, and dining credenza; comfortable family room with built-ins and direct patio access; and a desirable main floor bedroom with en-suite bathroom. Traverse the grand staircase to the upper level and find the deluxe master retreat complete with a spanning private balcony, large walk-in closets, and a secluded office. The lush grounds are equally impressive, fit with a full guest casita, sprawling lawn, sparkling spa, oversized stone patio, and built-in BBQ area for ease of entertaining. This house was designed for a convenient lifestyle in an ultra-luxe setting.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 04/06/2015

Coldwell Banker Realty

Last Buyer's Agent

Sindy Lin Murray

Villa Real Estate License #01887843

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,189

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Cape Cod Architecture
  • Turnkey

Interior Spaces

  • 5,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Outdoor Grill

Additional Features

  • Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 15389
  • Assessor Parcel Number 44245309

Community Details

Overview

  • Built by Pacific Bay
  • Summer House

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,189

Year Built

Built in 1999

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 949.717.4711
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Summer House (OFSH)
  • View: No
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44245309
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00
  • Interior Amenities: Built-in Features, Balcony, Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, High Ceilings, Open Floorplan, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Fireplace Features: Family Room, Living Room, Master Retreat, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 895.00
  • Room Type: Family Room, Foyer, Living Room, Master Bedroom, Main Floor Bedroom, Walk-In Closet, Office
  • Spa Features: In Ground, Private
  • Window Features: Plantation Shutters, Shutters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • Exterior Features: Barbecue Private
  • Builder Name: Pacific Bay
  • Patio And Porch Features: Patio Open, Stone
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Range, Range Hood, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Sport Court
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 11992.00
  • Price Per Lot Square Foot: 373.17
  • Lot Size Acres: 0.2750

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11992.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 15389

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jun 26, 2015
Sold by
Markley John G and Markley Janice M
Bought by
The Murray Family 2012 Trust
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Sindy Lin Murray
Villa Real Estate
List Price
$4,799,000
Sold Price
$4,475,000
Premium/Discount to List
-$324,000
-6.75%
Current Estimated Value
$6,945,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,470,739
Avg. Annual Appreciation
4.53%
Original Mortgage
$3,000,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2007
Sold by
Markley John G and Markley Janice M
Bought by
Markley John G and Markley Janice M

Purchase Details

Closed on
Mar 20, 2006
Sold by
Markley John G and Markley Janice M
Bought by
Markley John G and Markley Janice M

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
6.08%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 2001
Sold by
Pacific Bay Properties
Bought by
Markley John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 12, 1999
Sold by
Pacific Bay Properties
Bought by
Markley John G and Markley Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
7.77%
Mortgage Type
Seller Take Back
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
The Murray Family 2012 Trust $4,371,500 Chicago Title
Markley John G -- None Available
Markley John G -- None Available
Markley John G $1,038,000 First American Title Co
Markley John G $1,750,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray John William $3,562,500
Closed The Murray Family 2012 Trust $3,000,000
Previous Owner Markley John G $2,500,000
Previous Owner Markley John G $1,000,000
Previous Owner Markley John G $750,000
Previous Owner Markley John G $1,350,000
Previous Owner Markley John G $850,000
Previous Owner Markley John G $1,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $4,475,000 -6.8% $895 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
04/06/2015 04/06/15 For Sale $4,799,000 -- $960 / 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 $54,189 $5,221,986 $3,762,078 $1,459,908
2024 $54,189 $5,119,595 $3,688,312 $1,431,283
2023 $52,923 $5,019,211 $3,615,992 $1,403,219
2022 $52,050 $4,920,796 $3,545,091 $1,375,705
2021 $51,049 $4,824,310 $3,475,579 $1,348,731
2020 $50,558 $4,774,843 $3,439,941 $1,334,902
2019 $49,501 $4,681,219 $3,372,491 $1,308,728
2018 $48,460 $4,584,670 $3,306,364 $1,278,306
2017 $47,219 $4,458,603 $3,241,534 $1,217,069
2016 $46,225 $4,371,180 $3,177,975 $1,193,205
2015 $24,195 $2,266,582 $1,322,354 $944,228
2014 $23,623 $2,222,183 $1,296,451 $925,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15071218

California Regional Multiple Listing Service (CRMLS)

APN: 442-453-09