NOT LISTED FOR SALE

Estimated Value: $5,152,000 - $6,409,575

4 Beds
3.5 Baths
3,350 Sq Ft
$1,796/Sq Ft Est. Value

Last Sold January 06, 2016

Last sale price $3,380,000 $1,009 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $36,012/month

25 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Cabana
  • Updated Kitchen

About This Home

As of January 2016

This is a once in a lifetime opportunity...truly a special home. SINGLE LEVEL HOME is located on one of the most sought after private parcels in the development with spectacular 270 degree Catalina Island, Ocean, City Lights and Canyon views. This stunning and sophisticated home has almost 3400 square feet of gracious living space sitting on a private lot with over 10,000 sq ft. One of the very best locations and views in the entire development. Large open spaces with high ceilings enhance the living experience. Spacious master bedroom suite has been expanded to include a separate retreat area. Gorgeous Mediterranean designed SINGLE LEVEL home offers designer appointments throughout and will make you feel as though you have stepped inside Architectural Digest Magazine. The great room encompasses both the living room and dining room areas. Gourmet kitchen includes top-of-the-line stainless steel appliances, granite countertops and custom cabinets. French doors open to the charming and spacious gardens and custom designed resort-style pool and spa with water feature, cabana and expansive covered patio. All perfect for entertaining or intimate alfresco dining. Pacific Ridge offers a grand pool and is located close to the beach and high-end shopping areas.

Last Agent to Sell the Property

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 10/10/2015

Douglas Elliman Of California

Co-Listed By

Barry Knickerbocker

Douglas Elliman of California License #01192863

Last Buyer's Agent

Andrew Karigan

Douglas Elliman Of California License #01427661 Listed on: 10/10/2015

Douglas Elliman Of California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,676

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 10,306 Sq Ft Lot
  • Cul-De-Sac
  • Northeast Facing Home
  • Glass Fence
  • Masonry wall
  • Privacy Fence
  • Front and Back Yard Sprinklers
  • Back Yard

HOA Fees

  • $426 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Barrel Roof Shape
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 3,350 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • French Mullion Window
  • French Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Center Hall
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Cabana
  • Filtered Pool
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 16461
  • Assessor Parcel Number 47846311

Community Details

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,676

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$426 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Fire and Smoke Detection System, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Cypress (PRCP)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846311
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3350.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Wired for Data, Granite Counters, High Ceilings, Intercom, Open Floorplan, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1008.96
  • Room Type: All Bedrooms Down, Center Hall, Entry, Foyer, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat
  • Spa Features: Association, In Ground, Private
  • Window Features: Double Pane Windows, French/Mullioned
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Slab
  • Other Structures: Gazebo
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Catalina, City Lights, Canyon, Hills, Mountain(s), Ocean, Panoramic
  • Fence: Yes
  • Fencing: Glass, Masonry, Privacy
  • Patio And Porch Features: Cabana, Covered, Stone
  • Pool Features: Association, Filtered, Heated, Private
  • Pool Private: Yes
  • Roof: Barrel
  • Spa: Yes
  • Construction Materials: Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Indoor Grill, Gas Cooktop, Range Hood, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Pool, Spa/Hot Tub
  • Association Fee: 426.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Lot 10000-19999 Sqft, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 10306.00
  • Price Per Lot Square Foot: 327.96
  • Lot Size Acres: 0.2370

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10306.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 16461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2015
Closed on
Dec 31, 2015
Sold by
Manoogian Joseph and Manoogian Julie
Bought by
Jj Manoogian Family Trust
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$3,599,000
Sold Price
$3,380,000
Premium/Discount to List
-$219,000
-6.09%
Current Estimated Value
$6,017,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,637,894
Original Mortgage
$1,480,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 10, 2015
Closed on
Nov 9, 2015
Sold by
Daubner Peter and Daubner Xiaofeng
Bought by
Manoogian Joesph and Manoogian Julie
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$3,599,000
Sold Price
$3,380,000
Premium/Discount to List
-$219,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 7, 2009
Sold by
Wells Fargo Bank Na
Bought by
Daubner Peter and Daubner Xiaofeng

Purchase Details

Closed on
May 15, 2008
Sold by
Akhlaghi Mazyar
Bought by
Wells Fargo Bank Na and The Harborview 2006-12 Trust Fund

Purchase Details

Closed on
Apr 7, 2005
Sold by
Taylor Woodrow Homes Inc
Bought by
Akhlaghi Mazyar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Jj Manoogian Family Trust -- Accommodation
Manoogian Joesph $3,380,000 California Title Company
Daubner Peter $2,150,000 Landsafe Title
Wells Fargo Bank Na $2,523,397 Landsafe Title
Akhlaghi Mazyar $2,713,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manoogian Joseph Jay $1,395,000
Closed Manoogian Joseph Jay $1,488,000
Previous Owner Manoogian Joesph $1,480,000
Previous Owner Akhlaghi Mazyar $350,000
Previous Owner Akhlaghi Mazyar $2,200,000
Previous Owner Akhlaghi Mazyar $406,978
Previous Owner Akhlaghi Mazyar $136,000
Previous Owner Akhlaghi Mazyar $1,763,569
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2016 01/06/16 Sold $3,380,000 -3.4% $1,009 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/12/2015 10/12/15 Price Changed $3,499,000 -2.8% $1,044 / Sq Ft
10/10/2015 10/10/15 For Sale $3,599,000 -- $1,074 / 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 $45,676 $4,001,234 $3,055,157 $946,077
2024 $45,676 $3,922,779 $2,995,252 $927,527
2023 $44,775 $3,845,862 $2,936,521 $909,341
2022 $43,642 $3,770,453 $2,878,942 $891,511
2021 $42,941 $3,696,523 $2,822,492 $874,031
2020 $42,834 $3,658,620 $2,793,551 $865,069
2019 $42,697 $3,586,883 $2,738,776 $848,107
2018 $41,972 $3,516,552 $2,685,074 $831,478
2017 $42,177 $3,447,600 $2,632,425 $815,175
2016 $30,292 $2,406,556 $1,526,787 $879,769
2015 $29,330 $2,370,408 $1,503,853 $866,555
2014 $28,696 $2,323,975 $1,474,394 $849,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15222872

California Regional Multiple Listing Service (CRMLS)

APN: 478-463-11