$3,980,000
SOLD FEB 27, 2025
4 Beds
3.5 Baths
3,090 Sq Ft
4,768 Sq Ft Lot

Recently Sold

$1,288 Per Sq Ft

8% Above List Price

11 Days on Market

Highlights

  • Back Bay Views
  • Community Pool
  • 2 Car Attached Garage
  • Newport Coast Elementary School Rated A
  • Tennis Courts
  • Park

About This Home

As of February 2025

Welcome to Newport coast Tesoro .it is a prestigious gated community comprising approximately 96 homes built between 1998 and 2000. The beautiful house situated on a Cul de Sac, four bedrooms three bathrooms a formal powder room, Library, Office, and a rear yard that may be just right for your entertaining requirements.
Residents of Tesoro enjoy exclusive amenities, including a community pool and barbecue area. Notably, Tesoro is the only gated community in Newport Coast that provides direct access to Newport Coast Elementary School, making it particularly convenient for families with young children. few minutes drive to Sage Hill school and TVT Community school.
Beyond the community’s gates, members have access to the Coastal Canyon Association’s facilities, which feature tennis and basketball courts, a junior Olympic pool, jacuzzi, and clubhouse. The world-class Pelican Hill Resort and the shopping and dining options at Crystal Cove and throughout Newport Beach are just minutes away, enhancing the luxurious lifestyle Tesoro offers.

Last Agent to Sell the Property

Jennifer Gao

Real Brokerage Technologies Brokerage Phone: 626-231-1355 License #02142311 Listed on: 01/31/2025

Real Brokerage Technologies

Last Buyer's Agent

Miao Yu

Bestvilla Group Inc. License #02151529

Bestvilla Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,774

Year Built

  • Built in 1999

Lot Details

  • 4,768 Sq Ft Lot
  • Landscaped
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,090 Sq Ft Home
  • Family Room with Fireplace
  • Back Bay Views
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 15488
  • Assessor Parcel Number 47812149

Community Details

Overview

  • Tesoro Association, Phone Number (949) 670-0076
  • Elizabeth HOA
  • Tesoro Crest Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,774

Year Built

Built in 1999

Lot Details

0

HOA Fees

$522 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Tesoro Crest (TECT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47812149
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3090.00 Square Feet
  • Entry Location: front house
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1288.03
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Back Bay
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 380.00
  • Association #2 Fee: 142.00
  • Association Fee Frequency: Monthly
  • Association Name: Tesoro
  • Phone: 9496700076
  • Senior Community: No
  • Community Features: Biking, Park
  • Association Management: Elizabeth

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped
  • Lot Size Sq Ft: 4768.00
  • Lot Size Acres: 0.1095

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4768.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 22
  • Tax Tract Number: 15488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Feb 12, 2025
Sold by
Xin Lijian and Wu Jing
Bought by
Ding Haitao and Chen Ziyan
Seller's Agent
Jennifer Gao
Real Brokerage Technologies
Buyer's Agent
Miao Yu
Bestvilla Group Inc.
List Price
$3,680,000
Sold Price
$3,980,000
Premium/Discount to List
$300,000
8.15%
Total Days on Market
11
Views
56
Current Estimated Value
$4,005,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,350
Avg. Annual Appreciation
2.38%

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 6, 2022
Sold by
Jpmorgan Chase Bank Na
Bought by
Xin Lijian and Wu Jing
Seller's Agent
Tony Bartolic
Coldwell Banker Realty
Buyer's Agent
Linjiao Lu
Pacific Sterling Realty
List Price
$2,599,000
Sold Price
$2,680,000
Premium/Discount to List
$81,000
3.12%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.41%

Purchase Details

Closed on
Jul 22, 2019
Sold by
Badiian Shahram and Sahebjam Nazanin
Bought by
Jp Morgan Chase Bank Na

Purchase Details

Closed on
Oct 24, 2008
Sold by
Badiian Shahram and Sahebjam Nazanin
Bought by
Badiian Shahram and Sahebjam Nazanin

Purchase Details

Closed on
May 21, 2002
Sold by
Mcginnis Francine V
Bought by
Badiian Shahram and Sahebjam Nazanin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
5.18%

Purchase Details

Closed on
Sep 29, 1999
Sold by
Standard Pacific Corp
Bought by
Mcginnis Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,500
Interest Rate
3.45%
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $3,980,000 Chicago Title Company
Grant Deed $2,680,000 Servicelink
Trustee Deed $1,786,000 First American Mortgage Sln
Interfamily Deed Transfer -- None Available
Individual Deed $870,000 California Title Company
Grant Deed $687,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Credit Line Revolving
Previous Owner $650,000 Negative Amortization
Previous Owner $500,000 Credit Line Revolving
Previous Owner $625,000 Negative Amortization
Previous Owner $550,000 Negative Amortization
Previous Owner $500,000 Credit Line Revolving
Previous Owner $900,000 Negative Amortization
Previous Owner $446,000 Unknown
Previous Owner $470,000 No Value Available
Previous Owner $466,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Sold $3,980,000 +8.2% $1,288 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $3,680,000 +37.3% $1,191 / Sq Ft
10/27/2022 10/27/22 Sold $2,680,000 +3.1% $867 / Sq Ft
08/10/2022 08/10/22 For Sale $2,599,000 -- $841 / 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
2024 $29,774 $2,733,600 $2,212,387 $521,213
2023 $29,159 $2,680,000 $2,169,006 $510,994
2022 $27,508 $2,519,736 $2,010,371 $509,365
2021 $26,499 $2,470,330 $1,970,952 $499,378
2020 $26,789 $2,445,000 $1,950,742 $494,258
2019 $12,885 $1,152,153 $717,938 $434,215
2018 $12,636 $1,129,562 $703,861 $425,701
2017 $13,127 $1,107,414 $690,060 $417,354
2016 $14,471 $1,085,700 $676,529 $409,171
2015 $14,404 $1,069,392 $666,367 $403,025
2014 $14,087 $1,048,445 $653,314 $395,131
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS25021781

California Regional Multiple Listing Service (CRMLS)

APN: 478-121-49