Seller's Agent in 2022
Michael Fawaz
Compass
(949) 922-7762
20 in this area
27 Total Sales
20 Via Coralle Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $7,875,000 - $11,848,824
4
Beds
4.5
Baths
6,344
Sq Ft
$1,453/Sq Ft
Est. Value
Highlights
- Ocean View
- Wine Cellar
- Heated Spa
- Newport Coast Elementary School Rated A
- 24-Hour Security
- 4-minute walk to Vista Ridge View Park
About This Home
As of October 2022Perched high on the hillside in the 24 hour guard gated community of Newport Coast, discover this palatial estate, “The Jewel of Ocean Heights.” This property boasts 6344 SF of living space with 3 separate wings, all with an expansive private suites. The pièce de résistance is the sumptuous main bedroom upstairs, featuring nearly 2000 SF. Enjoy sweeping ocean views from the balcony, bedroom and “Belaggio” style bathroom; a space where endless water views abound and you can soak and relax while gazing at the majestic Pacific. The home is remarkable, with unique features, thoughtfully designed to accommodate large or multi-generational families. The immense size allows for myriad of opportunities to convert the current floorplan to a six bedroom house, and the garage space from 3 to 4 car if desired. The “portico” is an ideal spot for a private art studio. This home has every desired amenity and is situated on a 12,000 SF ocean view lot with panoramic vistas reaching from Palos Verdes to Dana Point with Catalina off in the horizon. The backyard resort with private pool and spa is the ideal escape and the perfect space to savor the indoor/outdoor lifestyle Southern California. Prepare gourmet meals in the chef’s kitchen and dine al fresco while enjoying those spectacular views. Hiking and biking trails, world class beaches, shopping and dining are minutes from this premium hillside location. Amenities include multiple security cameras, temp controlled wine room and an elevator.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $94,650
Year Built
- Built in 1999 | Remodeled
Lot Details
- 0.27 Acre Lot
- Glass Fence
- Sprinklers on Timer
- Back Yard
HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Two Garage Doors
- Driveway
Property Views
- Ocean
- Coastline
- Back Bay
- Harbor
- Catalina
- Panoramic
- City Lights
Home Design
- Mediterranean Architecture
- Planned Development
- Slab Foundation
- Clay Roof
Interior Spaces
- 6,344 Sq Ft Home
- 2-Story Property
- Elevator
- Open Floorplan
- Central Vacuum
- Dual Staircase
- Wired For Sound
- Fireplace With Gas Starter
- Double Pane Windows
- Plantation Shutters
- Custom Window Coverings
- Roller Shields
- French Doors
- Sliding Doors
- Panel Doors
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Library
- Bonus Room
- Home Gym
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Convection Oven
- Six Burner Stove
- Range Hood
- Microwave
- Freezer
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- Retreat
- 4 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Fireplace in Primary Bedroom Retreat
- Converted Bedroom
- Walk-In Closet
- Remodeled Bathroom
- Heated Floor in Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
- Exhaust Fan In Bathroom
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Pool
- Heated Spa
- Gas Heated Pool
- Waterfall Pool Feature
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
- Central Water Heater
- Water Softener
Listing and Financial Details
- Tax Lot 32
- Tax Tract Number 15079
- Assessor Parcel Number 47814102
- $330 per year additional tax assessments
Community Details
Overview
- Ocean Heights Association, Phone Number (800) 428-5588
- Newport Coast Association
- First Service Residential HOA
- Perazul Subdivision, 2 Custom Floorplan
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Sport Court
- Community Playground
- Community Pool
- Community Spa
- Horse Trails
- Hiking Trails
- Bike Trail
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Sep 3, 2022
Sold by
Samuel Mangione and Samuel Virginia F
Bought by
Fang Minghua and Peng Meng
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Ronnie Hackett
Berkshire Hathaway HomeService
List Price
$8,950,000
Sold Price
$8,600,000
Premium/Discount to List
-$350,000
-3.91%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,941
Avg. Annual Appreciation
2.42%
Original Mortgage
$3,870,000
Outstanding Balance
$3,729,420
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$5,488,521
Purchase Details
Closed on
Sep 12, 2001
Sold by
Mangione Samuel and Mangione Virginia F
Bought by
Mangione Samuel and Mangione Virginia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,434,500
Interest Rate
6.5%
Purchase Details
Closed on
Jul 23, 2001
Sold by
Mangione Sam J and Mangione Virginia
Bought by
Mangione Samuel and Mangione Virginia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,434,500
Interest Rate
6.5%
Purchase Details
Closed on
Jul 16, 1999
Sold by
Taylor Woodrow Homes Inc
Bought by
Mangione Sam J and Mangione Virginia
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
7.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fang Minghua | $8,600,000 | Wfg National Title | |
| Mangione Samuel | -- | -- | |
| Mangione Samuel | -- | American Title Co | |
| Mangione Samuel | -- | -- | |
| Mangione Sam J | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fang Minghua | $3,870,000 | |
| Previous Owner | Mangione Virginia F | $1,000,000 | |
| Previous Owner | Mangione Virginia F | $1,025,693 | |
| Previous Owner | Mangione Virginia F | $1,193,651 | |
| Previous Owner | Mangione Virginia F | $1,203,689 | |
| Previous Owner | Mangione Virginia F | $1,228,050 | |
| Previous Owner | Mangione Virginia F | $500,000 | |
| Previous Owner | Mangione Virginia | $250,000 | |
| Previous Owner | Mangione Samuel | $1,434,500 | |
| Previous Owner | Mangione Sam J | $1,000,000 | |
| Closed | Mangione Sam J | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2022 10/05/22 | Sold | $8,600,000 | -1.1% | $1,356 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | Price Changed | $8,700,000 | -2.8% | $1,371 / Sq Ft |
| 06/27/2022 06/27/22 | For Sale | $8,950,000 | +4.1% | $1,411 / Sq Ft |
| 06/24/2022 06/24/22 | Off Market | $8,600,000 | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $8,950,000 | -- | $1,411 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $94,650 | $9,014,747 | $7,135,507 | $1,879,240 |
| 2024 | $94,650 | $8,772,000 | $6,995,595 | $1,776,405 |
| 2023 | $92,531 | $8,600,000 | $6,858,426 | $1,741,574 |
| 2022 | $33,166 | $3,074,124 | $1,655,709 | $1,418,415 |
| 2021 | $31,966 | $3,013,848 | $1,623,245 | $1,390,603 |
| 2020 | $32,324 | $2,982,945 | $1,606,600 | $1,376,345 |
| 2019 | $31,840 | $2,924,456 | $1,575,098 | $1,349,358 |
| 2018 | $31,212 | $2,867,114 | $1,544,214 | $1,322,900 |
| 2017 | $31,511 | $2,810,897 | $1,513,936 | $1,296,961 |
| 2016 | $32,767 | $2,755,782 | $1,484,251 | $1,271,531 |
| 2015 | $32,544 | $2,714,388 | $1,461,956 | $1,252,432 |
| 2014 | $31,806 | $2,661,217 | $1,433,318 | $1,227,899 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fawaz
-
Ronnie Hackett
Buyer's Agent in 2022
Ronnie Hackett
Berkshire Hathaway HomeService
(949) 554-9198
1 in this area
177 Total Sales
-
Wyatt Hulick
Buyer Co-Listing Agent in 2022
Wyatt Hulick
Berkshire Hathaway HomeService
(949) 644-6200
1 in this area
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP22102083
APN: 478-141-02
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