NOT LISTED FOR SALE

Estimated Value: $6,423,000 - $9,529,360

6 Beds
8.5 Baths
8,000 Sq Ft
$971/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $3,600,000 $450 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $47,294/month

68 Days on Market

Highlights

  • Attached Guest House
  • Home Theater
  • Fishing
  • Mariners Elementary School Rated A
  • Private Pool
  • Primary Bedroom Suite

About This Home

As of March 2014

Enter this exquisite Tuscan style chateau and indulge in the amenities and elegant yet tranquil setting that only Back Bay provides. Situated on an approximate half acre lot in an equestrian area, this beautiful approximate 8,000 square foot home includes 6 bedrooms, 8 baths and a front hallway entrance adorned with stone flooring and a high wood-beamed ceiling. Also highlighted are 7 fireplaces, media room, master bath retreat, imported Brazilian walnut floors with custom inlays and Walker Zanger tile. Experience dramatic balconies from almost every room including an upstairs balcony that overlooks the living room. Perfect for entertaining at least 200 guests, the grounds include 2 covered loggia, pool/spa, separate casita with own entry, a gorgeous fountain, enclosed patio with fireplace and TV, beautiful landscape and fruit trees. The 4 car garage and large brick paver driveway provide ample parking. Quick access to the bay, walking trails and horse trails. Completed in 2008, additional amenities adding to the property’s appeal are quality construction labor and material, copper gutters, wired for internet, and sound. This property can also be offered furnished. The home is being sold at nearly $700,000 less than cost to build. Don't miss out!!!!!!!!!

Last Agent to Sell the Property

Alan Bynder

Bynder, Alan License #00639337 Listed on: 10/31/2013

Last Buyer's Agent

Alan Bynder

Bynder, Alan License #00639337 Listed on: 10/31/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,290

Year Built

  • Built in 2008

Lot Details

  • 0.46 Acre Lot
  • Southwest Facing Home
  • Block Wall Fence
  • Fence is in excellent condition

Parking

  • 4 Car Attached Garage
  • Carport
  • Parking Available
  • Circular Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Wood Siding
  • Stone Siding
  • Copper Plumbing
  • Flagstone
  • Plaster
  • Stucco

Interior Spaces

  • 8,000 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Drapes & Rods
  • Wood Frame Window
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Home Theater
  • Den with Fireplace
  • Library with Fireplace
  • Bonus Room with Fireplace
  • City Lights Views

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Alarm System
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 48 inches wide or more
  • Doors swing in
  • Doors are 32 inches wide or more
  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Construction
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch
  • Lanai
  • Exterior Lighting
  • Gazebo

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts For Spa
  • 220 Volts in Garage
  • Tankless Water Heater
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 168
  • Tax Tract Number 706
  • Assessor Parcel Number 43937212

Community Details

Overview

  • No Home Owners Association
  • Built by Custom

Recreation

  • Fishing
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,290

Year Built

Built in 2008

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Other Phone Description: Office
  • Other Phone Number: 949 640-3722
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Fire Rated Drywall, Fire and Smoke Detection System, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Back Bay Custom Homes (BBCS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 43937212
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8000.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Wired for Data, Copper Plumbing Full, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Wired for Sound, Two Story Ceilings, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 32 Inch Or More Wide Doors, 48 Inch Or More Wide Halls, Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 8
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: French Doors, Sliding Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Bonus Room, Den, Family Room, Great Room, Gas Starter, Library, Living Room, Master Bedroom, See Through, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 450.00
  • Room Type: Den, Entry, Family Room, Formal Entry, Foyer, Guest/Maid's Quarters, Great Room, Library, Living Room, Master Bedroom, Media Room, Main Floor Bedroom, Master Suite, Office, Home Theatre
  • Spa Features: Private
  • Window Features: Casement Windows, Drapes, Double Pane Windows, Insulated Windows, Wood Frames
  • Bathroom Features: Bidet, Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Other Structures: Guest House Attached, Gazebo
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Builder Name: Custom
  • Patio And Porch Features: Covered, Lanai, Stone
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Flagstone, Plaster, Stucco, Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Circular Driveway, Carport, Paved
  • Total Parking Spaces: 14.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Phone Available, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Self Cleaning Oven, Double Oven, Dishwasher, Electric Oven, Electric Water Heater, Free-Standing Range, Freezer, Disposal, Gas & Electric Range, Gas Range, Gas Water Heater, Hot Water Circulator, High Efficiency Water Heater, Range Hood, Instant Hot Water, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Trash Compactor, Tankless Water Heater, Vented Exhaust Fan
  • Electric: 220 Volts in Garage, 220 Volts For Spa
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: In Garage, Individual Room
  • Water Source: Public
  • Cooling: Central Air, Electric, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Street Lights

Schools

  • School District: Newport Mesa Unified

Green Features

  • Efficiency: Construction, Doors, Insulation, Thermostat, Windows, Water Heater

Lot Info

  • Lot Size Sq Ft: 19800.00
  • Lot Size Acres: 0.4550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19800.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 168
  • Tax Tract Number: 706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2014
Sold by
Lehn Richard M and Lehn Clarice D
Bought by
Joseph Salvo & Shella L Salvo Trust
Total Days on Market
68
Current Estimated Value
$7,767,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 23, 2010
Sold by
Lehn Richard M and Lehn Clarice D
Bought by
Lehn Richard M and Lehn Clarice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2009
Sold by
Lehn Richard M and Lehn Clarice D
Bought by
Lehn Richard M and Lehn Clarice D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2008
Sold by
Craciun Diana and Rosenberg Robert B
Bought by
Lehn Richard M and Lehn Clarice D

Purchase Details

Closed on
Nov 21, 2002
Sold by
Rhapsody Enterprises Llc
Bought by
Cracium Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,500
Interest Rate
6.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 11, 2001
Sold by
The Salusky Family Partners Lp
Bought by
Rhapsody Enterprises Llc

Purchase Details

Closed on
Aug 5, 1999
Sold by
Robert Salusky
Bought by
The Salusky Family Partners Lp

Purchase Details

Closed on
Mar 4, 1999
Sold by
Robert Salusky
Bought by
Salusky Robert and Robert Salusky 1999 Revocable Living Tr
Source: Public Records

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Range of Values:

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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
Joseph Salvo & Shella L Salvo Trust $3,600,000 Equity Title Company
Lehn Richard M -- Chicago Title Company
Lehn Richard M -- Chicago Title Company
Lehn Richard M -- Fidelity National Title Co-M
Lehn Richard M -- None Available
Cracium Diana $685,000 First American Title Co
Rhapsody Enterprises Llc $610,000 North American Title Co
The Salusky Family Partners Lp -- --
Salusky Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvo Joseph $2,368,500
Closed Salvo Joseph $2,340,000
Closed Salvo Joseph $150,000
Previous Owner Joseph Salvo & Shella L Salvo Trust $2,200,000
Previous Owner Lehn Richard M $625,000
Previous Owner Lehn Richard M $665,000
Previous Owner Lehn Richard M $900,000
Previous Owner Craciun Diana $154,509
Previous Owner Craciun Diana $225,000
Previous Owner Craciun Diana $894,160
Previous Owner Craciun Diana $468,000
Previous Owner Craciun Diana $205,000
Previous Owner Craciun Diana $1,000,000
Previous Owner Cracium Diana $479,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $3,600,000 -2.6% $450 / Sq Ft
01/07/2014 01/07/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $3,695,000 -- $462 / 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 $46,290 $4,326,572 $1,868,450 $2,458,122
2023 $45,179 $4,241,738 $1,831,814 $2,409,924
2022 $44,406 $4,158,567 $1,795,896 $2,362,671
2021 $43,534 $4,077,027 $1,760,682 $2,316,345
2020 $43,103 $4,035,223 $1,742,629 $2,292,594
2019 $42,194 $3,956,101 $1,708,459 $2,247,642
2018 $41,346 $3,878,531 $1,674,960 $2,203,571
2017 $40,618 $3,802,482 $1,642,118 $2,160,364
2016 $39,706 $3,727,924 $1,609,920 $2,118,004
2015 $39,334 $3,671,928 $1,585,738 $2,086,190
2014 $22,844 $2,112,381 $720,706 $1,391,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13221515

California Regional Multiple Listing Service (CRMLS)

APN: 439-372-12