NOT LISTED FOR SALE

Estimated Value: $4,716,000 - $6,837,000

4 Beds
4.5 Baths
3,346 Sq Ft
$1,637/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $3,160,000 $944 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $32,978/month

19 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Main Floor Bedroom
  • Newport Coast Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Hiking Trails

About This Home

As of March 2021

Welcome to resort style living in the prestigious gated community of THE POINTE in Newport Coast with beautiful wide streets & plenty of on street parking with a nice curb appeal. A rare to find light and bright open floor plan in a turnkey condition with grand entry, soaring cathedral ceiling, large picture windows with beautiful views of Newport coast, large kitchen island with custom made cabinets & newer French doors. Some upgrades include custom made Built ins in family room & Kitchen, Wolf/ Subzero appliances, Steam oven, Induction stove top. Tastefully designed wrought iron railing leading to second floor with wood flooring, a large sitting area/office, large master bedroom suite with trey ceiling and custom made built ins with a mini fridge, a large walk in closet, Smart Bidet in Master Bathroom. Each bedroom has its own private bathroom. Shades with UV protection & Remote control, energy efficient low E windows, Custom made drapery in the living & dining area, Custom made fire place mantels, Italian/Designer vanity set in powder rooms, Custom made laundry cabinets with whirlpool washer & Dryer. Re piped with PEX, pool Solar system. Garage cabinets and Epoxy flooring in the garage. Enjoy the year-round entertaining large private backyard with salt water Pebble Pool & Spa, BBQ with mini fridge, luscious palm trees & greenery. A great opportunity for a resort style living just minutes away from John Wayne Airport, pelican hills resort, shopping and beautiful OC beaches.

Last Agent to Sell the Property

Mark Ravanpak

Surterre Properties Inc License #01274523 Listed on: 01/19/2021

Surterre Properties Inc

Last Buyer's Agent

Quan Zou

JC Pacific Corp License #01994038

JC Pacific Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,103

Year Built

  • Built in 1994

Lot Details

  • 7,150 Sq Ft Lot
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • City Lights
  • Woods
  • Hills

Home Design

  • Planned Development

Interior Spaces

  • 3,346 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom

Pool

  • Private Pool
  • Spa

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 14712
  • Assessor Parcel Number 46121148

Community Details

Overview

  • The Pointe Association, Phone Number (949) 508-0569
  • First Service Residential Association, Phone Number (949) 448-6000
  • Keystone Pacific HOA
  • Pointe Subdivision

Recreation

  • Community Playground
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,103

Year Built

Built in 1994

Lot Details

0

HOA Fees

$269 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949-395-4688
  • Other Phone Number: 949-395-4688
  • Property Attached: No
  • Subdivision Name Other: Pointe (NRPT)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46121148
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3346.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 944.41
  • Room Type: Main Floor Bedroom
  • Spa Features: Private

Exterior Features

  • View: City Lights, Hills, Trees/Woods
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: The Point
  • Amenities: Playground, Biking Trails, Hiking Trails
  • Association Fee: 175.00
  • Association #2 Fee: 282.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: The Pointe
  • Phone: 949-508-0569
  • Association Phone #2: 949-448-6000
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Street Lights
  • Association Management: Keystone Pacific
  • Association Management 2: First Service Residential

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7150.00
  • Lot Size Acres: 0.1641

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7150.0000 Square Feet
  • Number Of Units Total: 75

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 16
  • Tax Tract Number: 14712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Silver Creek Investment Management Inc
Bought by
Silver Creek Investment Management Inc
Current Estimated Value
$5,476,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,896,000
Outstanding Balance
$1,750,648
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$3,098,055

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 17, 2021
Sold by
Saeedi Babak and Mahallati Marjan
Bought by
Silver Creek Investment Management Inc
Seller's Agent
Mark Ravanpak
Surterre Properties Inc
Buyer's Agent
Quan Zou
JC Pacific Corp
List Price
$3,249,000
Sold Price
$3,160,000
Premium/Discount to List
-$89,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$1,900,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2018
Sold by
Saeedi Babak and Mahallati Marjan
Bought by
Saeedi Babak and Mahallati Marjan

Purchase Details

Closed on
Dec 18, 2015
Sold by
Saeedi Babak and Mahallati Marjan
Bought by
The Babak Saeedi & Marjan Mahallati Livi

Purchase Details

Listed on
Oct 15, 2012
Closed on
Nov 5, 2012
Sold by
Pham Dang Kim
Bought by
Saeedi Babak and Mahallati Marjan
Seller's Agent
Colin Delaney
Gatehouse Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,595,000
Sold Price
$1,605,000
Premium/Discount to List
$10,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$1,000,000
Interest Rate
2.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 10, 2011
Sold by
Pham Dang Kim
Bought by
Pham Dang Kim and The Dang Kim Pham Revocable Living Trust

Purchase Details

Closed on
Dec 20, 2002
Sold by
Phillips Timothy N and Phillips Heather L
Bought by
Pham Dang Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,000
Interest Rate
5.12%

Purchase Details

Closed on
May 12, 1994
Sold by
Standard Pacific Corp
Bought by
Phillips Timothy N and Phillips Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
8.35%
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
Silver Creek Investment Management Inc -- First American Title Company
Silver Creek Investment Management Inc $3,160,000 First American Title Company
Saeedi Babak -- None Available
Saeedi Babak -- None Available
The Babak Saeedi & Marjan Mahallati Livi -- None Available
Saeedi Babak $1,605,000 Stewart Title Irvine
Pham Dang Kim -- None Available
Pham Dang Kim $1,070,000 First American Title Ins Co
Phillips Timothy N $666,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silver Creek Investment Manage $1,896,000
Closed Silver Creek Investment Management Inc $1,896,000
Closed Silver Creek Investment Management Inc $1,900,000
Previous Owner Nikro Trust $250,000
Previous Owner Saeedi Babak $1,359,875
Previous Owner Saeedi Babak $1,000,000
Previous Owner Pham Dang Kim $752,000
Previous Owner Pham Dang Kim $749,000
Previous Owner Phillips Timothy N $300,000
Previous Owner Phillips Timothy N $500,000
Previous Owner Phillips Timothy N $500,000
Previous Owner Phillips Timothy N $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $3,160,000 -2.7% $944 / Sq Ft
01/19/2021 01/19/21 For Sale $3,249,000 +102.4% $971 / Sq Ft
12/30/2012 12/30/12 Sold $1,605,000 0.0% $481 / Sq Ft
10/24/2012 10/24/12 Pending -- -- --
10/21/2012 10/21/12 Off Market $1,605,000 -- --
10/15/2012 10/15/12 For Sale $1,595,000 -- $478 / 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 $35,103 $3,420,485 $2,726,377 $694,108
2024 $35,103 $3,353,417 $2,672,918 $680,499
2023 $34,361 $3,287,664 $2,620,508 $667,156
2022 $33,716 $3,223,200 $2,569,125 $654,075
2021 $17,610 $1,864,628 $1,198,584 $666,044
2020 $19,337 $1,845,509 $1,186,294 $659,215
2019 $19,093 $1,809,323 $1,163,033 $646,290
2018 $18,725 $1,773,847 $1,140,229 $633,618
2017 $18,384 $1,739,066 $1,117,871 $621,195
2016 $17,820 $1,704,967 $1,095,952 $609,015
2015 $17,663 $1,679,357 $1,079,489 $599,868
2014 $17,123 $1,632,791 $1,058,343 $574,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21011232

California Regional Multiple Listing Service (CRMLS)

APN: 461-211-48