NOT LISTED FOR SALE

Estimated Value: $6,225,000 - $6,466,000

4 Beds
4.5 Baths
4,862 Sq Ft
$1,308/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $3,300,000 $679 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $37,710/month

42 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Ocean Side of Freeway
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • 4-minute walk to Kings Road Park

About This Home

As of September 2016

A stunning architectural home designed with an expert eye and located in the coveted community of Newport Heights, this newly built residence effortlessly pairs designer finishes with luxurious amenities to create a truly unique and elegant living experience. The exquisite home boasts an open concept floor plan complete with soaring 2-story ceilings and features a spacious great room, seamlessly connecting all of the main living spaces including a fireplace warmed living room, casual dining area, and gourmet chef’s kitchen with an oversized Calacatta Borghini center island and professional grade Wolf & KitchenAid appliances in the main kitchen and butler’s pantry. Entertain with several outdoor seating areas as well as a sunny, private courtyard with app-controlled sparkling pool/spa combo, accessible via disappearing pocket doors from the great room. The highest attention to detail is evident throughout with chic highlights and finishes including gleaming marble throughout, Pacific Architecture millwork, reclaimed vintage Douglas Fir ceiling beams, top-of-the-line plumbing fixtures, and custom, hand-made cabinetry. An attached three car garage, automated Lutron lighting system, and full alarm/camera security system round out this stylish home’s appeal.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 06/29/2016

Coldwell Banker Realty

Co-Listed By

Tara McNabb

Compass License #01871729

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,902

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts a private road
  • Property fronts an alley
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • Pool
  • Neighborhood

Home Design

  • Tile Roof
  • Clay Roof

Interior Spaces

  • 4,862 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • French Mullion Window
  • French Doors
  • Sliding Doors
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Den
  • Bonus Room
  • Utility Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Home Security System
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Stone Porch or Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Water Softener
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 24 / 29
  • Tax Tract Number 256
  • Assessor Parcel Number 04905411

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,902

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, Private Road
  • Security: Fire Sprinkler System, Security System
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04905411
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4862.00
  • Interior Amenities: Beamed Ceilings, Balcony, Cathedral Ceiling(s), Wired for Data, Pantry, Recessed Lighting, Stone Counters, Wired for Sound
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • 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: Area, Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Fire Pit, Great Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 678.73
  • Room Type: Bonus Room, Den, Family Room, Great Room, Living Room, Master Bedroom, Master Suite, Walk-In Closet, Utility Room
  • Spa Features: In Ground
  • Window Features: French/Mullioned
  • Bathroom Features: Bidet, Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Pool
  • Patio And Porch Features: Patio, Stone
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Clay, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Double Oven, Dishwasher, Freezer, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Microwave, Refrigerator, Self Cleaning Oven, Water Softener
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Corner Lot
  • Lot Size Sq Ft: 6534.00
  • Price Per Lot Square Foot: 558.62

Multi Family

  • Lease Considered: No
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: 29
  • Tax Lot: 24
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 16, 2016
Sold by
Tahai Mariam
Bought by
Hsan Houman
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,650,000
Sold Price
$3,300,000
Premium/Discount to List
-$350,000
-9.59%
Current Estimated Value
$6,359,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,059,843
Avg. Annual Appreciation
7.49%
Original Mortgage
$2,640,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 6, 2016
Sold by
2200 Beacon Newport Llc
Bought by
Ehsan Houman
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,650,000
Sold Price
$3,300,000
Premium/Discount to List
-$350,000
-9.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,640,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2014
Sold by
Sycamore Group Llc
Bought by
2200 Beacon Newport Llc

Purchase Details

Closed on
Jul 15, 2013
Sold by
Cicerone Sally
Bought by
Sycamore Group Llc

Purchase Details

Closed on
Feb 5, 2003
Sold by
Quiroz Dorothy Duncan
Bought by
Quiroz Dorothy Duncan and The Quiroz Family Trust
Source: Public Records

Range of Values:

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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
Hsan Houman -- Title 365 Company
Ehsan Houman $3,300,000 Title 365 Company
2200 Beacon Newport Llc -- None Available
Sycamore Group Llc $980,000 Fidelity National Title
Quiroz Dorothy Duncan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehsan Houman $2,940,000
Closed Ehsan Houman $2,640,000
Previous Owner Quiroz Dorothy Duncan $500,000
Previous Owner Quiroz Dorothy Duncan $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $3,300,000 -9.6% $679 / Sq Ft
06/29/2016 06/29/16 For Sale $3,650,000 -- $751 / 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 $39,902 $3,829,931 $2,498,669 $1,331,262
2024 $39,902 $3,754,835 $2,449,676 $1,305,159
2023 $38,970 $3,681,211 $2,401,643 $1,279,568
2022 $38,327 $3,609,031 $2,354,552 $1,254,479
2021 $37,591 $3,538,266 $2,308,384 $1,229,882
2020 $37,231 $3,501,986 $2,284,714 $1,217,272
2019 $36,455 $3,433,320 $2,239,916 $1,193,404
2018 $35,727 $3,366,000 $2,195,996 $1,170,004
2017 $35,095 $3,300,000 $2,152,937 $1,147,063
2016 $20,491 $1,919,277 $938,137 $981,140
2015 $10,096 $924,046 $924,046 $0
2014 $10,638 $980,000 $924,046 $55,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16140535

California Regional Multiple Listing Service (CRMLS)

APN: 049-054-11