NOT LISTED FOR SALE

Estimated Value: $3,704,000 - $4,317,506

4 Beds
3.5 Baths
3,021 Sq Ft
$1,301/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $2,195,000 $727 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $23,521/month

124 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Heinz Kaiser Elementary School Rated A
  • Ocean Side of Freeway
  • Fireplace in Primary Bedroom

About This Home

As of September 2019

The defining elements of contemporary design are found here in their very finest forms. Clean lines and luxe finishes are central to the home’s sleek aesthetic which was reimagined in an extensive home renovation. A showcase of lofted ceilings and oversized glass windows and doors provide a bright airy ambiance within the open-concept single-story floor plan featuring 4 bedrooms and 3.5 bathrooms. Built for the most discerning of buyers, the residence boasts the highest quality products including caramel oak hardwood floors, designer lighting, marble countertops and fireplace surrounds. Striking European style cabinets in the kitchen and detailed custom bathroom tiling speak to the home’s bold artful influence while Thermador appliances, spacious master walk-in closet, and accordion folding doors exhibit optimal functionality for easy living. A seamless transition from the indoor-outdoor loggia to the backyard reveals an entertainer’s delight – expansive paver patio, built-in BBQ, linear statement firepit, new Hydrazzo finished pool and spa with color-changing LED lights, and handsome professional landscaping that provides privacy and tranquility alike. A designated laundry room, walk-in pantry, built-ins, dual HVAC units, dual tankless water heaters, fire sprinkler system and hard-wired smoke detectors are additional highlights. Located on a quaint cul-de-sac moments to Back Bay trailheads, restaurants, schools and more, this turn-key residence delivers on every desire.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/18/2019

Coldwell Banker Realty

Co-Listed By

John Yasko

Coldwell Banker Realty License #01875420

Last Buyer's Agent

John Allen

Seven Gables Real Estate License #01939546

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,202

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 8,880 Sq Ft Lot
  • Cul-De-Sac
  • Wood Fence
  • Landscaped
  • Lawn
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 3,021 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Pool Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Location

  • Property is near a park

Schools

  • Kaiser Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Two cooling system units
  • Central Air
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 3379
  • Assessor Parcel Number 42611103

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,202

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Bonnie Bay Highland Homes (UBHH)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42611103
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3021.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 726.58
  • Room Type: Entry, Great Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Privacy Toilet Door
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Pool
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Cooktop, Range Hood, Refrigerator, Tankless Water Heater
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Kaiser
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Kaiser
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: KAISER
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Landscaped, Lawn, Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 8880.00
  • Lot Size Acres: 0.2039

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8880.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 630.09
  • Tax Lot: 3
  • Tax Tract Number: 3379

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Aug 22, 2019
Sold by
Rich Slush Fund Llc
Bought by
Albert Jason W
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
John Allen
Seven Gables Real Estate
List Price
$2,395,000
Sold Price
$2,195,000
Premium/Discount to List
-$200,000
-8.35%
Current Estimated Value
$3,931,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736,377
Avg. Annual Appreciation
10.31%
Original Mortgage
$1,675,000
Outstanding Balance
$1,470,374
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$2,461,003

Purchase Details

Listed on
Oct 18, 2017
Closed on
Nov 3, 2017
Sold by
Anwar Naveed and Anwar Nushin
Bought by
Rich Slush Fund Llc
Seller's Agent
Carter Kaufman
Compass
Buyer's Agent
Alexander Easton
OC Homes Realty
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.99%
Original Mortgage
$1,650,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 27, 2017
Closed on
Feb 21, 2017
Sold by
O C Homes
Bought by
Anwar Naveed and Anwar Nushin
Seller's Agent
Colin Delaney
Gatehouse Properties
Buyer's Agent
Colin Delaney
Gatehouse Properties
List Price
$1,299,000
Sold Price
$1,311,000
Premium/Discount to List
$12,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.26%
Original Mortgage
$825,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2017
Closed on
Feb 15, 2017
Sold by
Schneer Chris
Bought by
O C Homes
Seller's Agent
Colin Delaney
Gatehouse Properties
Buyer's Agent
Colin Delaney
Gatehouse Properties
List Price
$1,299,000
Sold Price
$1,311,000
Premium/Discount to List
$12,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2016
Sold by
Treebeard Benjamin and Rau Craig R
Bought by
Schneer Chris

Purchase Details

Closed on
Sep 28, 2007
Sold by
Rau Ivah May
Bought by
Rau Ivah May and The Rau Family Trust
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
Albert Jason W $2,195,000 Chicago Title Company
Rich Slush Fund Llc $1,500,000 Chicago Title Co
Anwar Naveed $1,311,000 First American Title Company
O C Homes -- First American Title Company
Schneer Chris $1,040,000 Equity Title Company
Rau Ivah May -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albert Jason W $1,675,000
Previous Owner Rich Slush Fund Llc $1,673,123
Previous Owner Rich Slush Fund Llc $1,650,000
Previous Owner Anwar Naveed $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $2,195,000 -4.4% $727 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $2,295,000 -4.2% $760 / Sq Ft
04/10/2019 04/10/19 For Sale $2,395,000 +59.7% $793 / Sq Ft
11/15/2017 11/15/17 Sold $1,500,000 -6.2% $556 / Sq Ft
10/18/2017 10/18/17 For Sale $1,599,000 +22.0% $592 / Sq Ft
02/22/2017 02/22/17 Sold $1,311,000 +0.9% $601 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $1,299,000 -- $595 / 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 $25,202 $2,400,550 $1,731,269 $669,281
2024 $25,202 $2,353,481 $1,697,323 $656,158
2023 $24,613 $2,307,335 $1,664,042 $643,293
2022 $24,188 $2,262,094 $1,631,414 $630,680
2021 $23,716 $2,217,740 $1,599,426 $618,314
2020 $23,563 $2,195,000 $1,583,026 $611,974
2019 $22,232 $2,071,601 $1,479,000 $592,601
2018 $17,120 $1,586,518 $1,450,000 $136,518
2017 $11,393 $1,040,000 $922,275 $117,725
2016 $1,592 $116,994 $50,584 $66,410
2015 $1,573 $115,237 $49,824 $65,413
2014 $1,536 $112,980 $48,848 $64,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19073305

California Regional Multiple Listing Service (CRMLS)

APN: 426-111-03