NOT LISTED FOR SALE

Estimated Value: $7,709,000 - $8,189,656

4 Beds
4.5 Baths
3,923 Sq Ft
$2,040/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $4,500,000 $1,147 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $47,763/month

7 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Updated Kitchen
  • Newport Coast Elementary School Rated A
  • Filtered Pool
  • 2-minute walk to Vista Ridge View Park

About This Home

As of November 2020

Luxuriate in privacy and seclusion while reveling in some of the most breathtaking views of the Pacific Ocean, Catalina Island, Newport Harbor, City lights, and coastline Ocean Heights has to offer. This stunning front row resort-style residence within the guarded gates of the exclusive Perazul community offers a spacious chef's kitchen that was fully remodeled in January 2018 to encompass all-new professional-grade appliances, including Dacor electric double wall ovens and 48-inch six-burner gas cooktop range, dishwasher, microwave, and 48-inch Sub-Zero stainless side-by-side refrigerator, plus a center island with Cambria quartz countertops, LED recessed lighting, gorgeous new white, solid maple custom cabinetry in the kitchen and nook, Franke & Grohe sinks/faucets. This open floor plan boasts 4 bedrooms & 4.5 baths, including one main-level bed & bath. The ocean-view master bedroom suite has a private balcony & spacious office/study.The private backyard is designed for indoor-outdoor living with a pool, spa, new 54-inch Lynx professional built-in gas barbeque, speakers, & large grass area. Additional highlights of this beautiful property are a 1,200-bottle walk-in wine vault, whole house carbon water filter & full exterior paint job completed in 2018 & interior painted in 2020. Ocean Heights community is in close proximity to hiking & bilking trails, schools, shopping and dining, John Wayne Airport and association Jr. Olympic salt-water pool, spa, tennis, playground.......

Last Agent to Sell the Property

Soheila Shirazi

Surterre Properties Inc License #00883491 Listed on: 08/11/2020

Surterre Properties Inc

Last Buyer's Agent

Thomas Nguyen

Real Capital Inc License #01342497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,782

Year Built

  • Built in 2000

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • West Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinklers Throughout Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Driveway Level

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Pool

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Stone Siding
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 3,923 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Awning
  • Custom Window Coverings
  • Blinds
  • French Doors
  • Sliding Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Ceramic Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Utilities

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

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 15079
  • Assessor Parcel Number 47815114

Community Details

Overview

  • Newport Community Association, Phone Number (800) 428-5588
  • Ocean Heights Maintenance Association
  • Perazul Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,782

Year Built

Built in 2000

Lot Details

0

HOA Fees

$693 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 949-874-0604
  • Property Attached: No
  • Road Surface Type: Maintained
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47815114
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3923.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Ceramic Counters, Coffered Ceiling(s), Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Gas, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1147.08
  • Room Type: Den, Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Window Features: Blinds, Custom Covering, Drapes
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Awning(s), Barbecue Private, Rain Gutters
  • View: Catalina, City Lights, Coastline, Harbor, Mountain(s), Ocean, Panoramic, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Concrete, Deck, Patio
  • Pool Features: Private, Filtered, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Plaster, Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Disposal, Gas Water Heater, Hot Water Circulator, Microwave, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Zoned, Electric, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Clubhouse, Recreation Room, Cable TV
  • Association Fee: 418.00
  • Association #2 Fee: 275.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Newport Community Association
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Ocean Heights maintenance Association

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: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level with Street, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 11165.00
  • Lot Size Acres: 0.2563

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11165.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 2
  • Tax Tract Number: 15079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Gratzinger Robert J and Gratzinger Angela J
Bought by
Nguyen Tuan X
Current Estimated Value
$8,001,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,925,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2000
Sold by
Gratzinger Robert J and Gratzinger Angela J
Bought by
Gratzinger Robert J and Gratzinger Angela J

Purchase Details

Closed on
May 4, 1999
Sold by
Taylor Woodrow Homes Inc
Bought by
Gratzinger Robert J and Gratzinger Angela J

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%
Source: Public Records

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
Nguyen Tuan X $4,500,000 Stewart Title Of Ca Inc
Nguyen Tuan X -- Stewart Title Of Ca Inc
Gratzinger Robert J -- --
Gratzinger Robert J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Tuan X $2,925,000
Previous Owner Gratzinger Robert J $1,000,000
Closed Gratzinger Robert J $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2020 11/09/20 Sold $4,500,000 +4.9% $1,147 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $4,288,000 -- $1,093 / 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 $53,782 $5,075,313 $3,768,909 $1,306,404
2024 $53,782 $4,975,798 $3,695,009 $1,280,789
2023 $50,551 $4,681,800 $3,622,558 $1,059,242
2022 $49,713 $4,590,000 $3,551,527 $1,038,473
2021 $48,196 $4,500,000 $3,481,889 $1,018,111
2020 $22,649 $2,076,027 $1,155,424 $920,603
2019 $22,369 $2,035,321 $1,132,769 $902,552
2018 $21,931 $1,995,413 $1,110,558 $884,855
2017 $22,394 $1,956,288 $1,088,783 $867,505
2016 $23,857 $1,917,930 $1,067,434 $850,496
2015 $23,717 $1,889,121 $1,051,400 $837,721
2014 $23,187 $1,852,116 $1,030,804 $821,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20162423

California Regional Multiple Listing Service (CRMLS)

APN: 478-151-14