NOT LISTED FOR SALE

Estimated Value: $4,179,000 - $5,998,000

3 Beds
4 Baths
4,200 Sq Ft
$1,265/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $2,850,000 $679 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $33,684/month

1 Day on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Fireplace in Kitchen
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Kings Road Park

About This Home

As of July 2016

Contemporary Ocean View Home 2015
Stunning views through out the home of the harbor over looking Lido Island & Balboa Peninsula to Catalina and beyond. Open kitchen with custom flat front cabinets, stainless steel Thermador appliances, quartz counter tops & high vaulted beamed ceilings. Large open family room with cozy fire place is surrounded by floor to ceiling collapsible panoramic glass doors opening to dramatic patio with endless ocean view . Off the kitchen dinning room has high vaulted ceilings with open access to a balcony over looking the harbor. The lower level features a great entertainment room perfect for your very own theater. There is also a wine cellar large enough to accommodate up to 1,000 bottles. The master suite features a beautiful fireplace , sit down area for reading and relaxation while enjoying the harbor views and dramatic sunsets. The master bathroom offers a free standing soaking tub, his and her vanities and over sized shower. This home is turn key...

Last Agent to Sell the Property

Suzanne Malerbe

RE/MAX Select One License #01467209 Listed on: 07/06/2016

RE/MAX Select One

Last Buyer's Agent

Suzanne Malerbe

RE/MAX Select One License #01467209 Listed on: 07/06/2016

RE/MAX Select One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,515

Year Built

  • Built in 1965

Lot Details

  • 6,450 Sq Ft Lot
  • Backyard Sprinklers
  • Back Yard

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 4,200 Sq Ft Home
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Carpet
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 919
  • Assessor Parcel Number 42547128

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,515

Year Built

Built in 1965

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42547128
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00
  • Entry Location: Ground Level With Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 678.57
  • Room Type: Family Room, Living Room, Master Suite, Walk-In Closet, Wine Cellar

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Sprinklers In Rear
  • Lot Size Sq Ft: 6450.00
  • Price Per Lot Square Foot: 441.86

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: A
  • Tax Tract Number: 919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 20, 2016
Sold by
Thayer Properties Inc
Bought by
Pacific Financial Llc
Seller's Agent
Suzanne Malerbe
RE/MAX Select One
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$2,850,000
Sold Price
$2,850,000
Current Estimated Value
$5,627,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,777,012
Avg. Annual Appreciation
8.04%

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 7, 2016
Sold by
Dott Crossi Cliff Llc
Bought by
Ken Thayer Trust Deed Servicing and Pensco Trust Company
Seller's Agent
Suzanne Malerbe
RE/MAX Select One
Buyer's Agent
Suzanne Malerbe
RE/MAX Select One
List Price
$2,850,000
Sold Price
$2,850,000

Purchase Details

Listed on
May 15, 2014
Closed on
Dec 5, 2014
Sold by
Warren Charles
Bought by
Dott Crossi Cliff
Seller's Agent
Nancy Barfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Herve Duboscq
Compass
List Price
$2,399,000
Sold Price
$2,125,000
Premium/Discount to List
-$274,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.14%
Original Mortgage
$560,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 2003
Sold by
Warren Thomas A
Bought by
Warren Thomas A and Warren Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pacific Financial Llc $2,850,000 Lawyers Title
Ken Thayer Trust Deed Servicing $1,342,587 Accommodation
Dott Crossi Cliff $2,125,000 Lawyers Title
Warren Thomas A -- --
Warren Thomas A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacific Financial Llc $5,500,000
Closed Montano Mary $3,550,000
Previous Owner Dott Crossi Cliff $560,000
Previous Owner Dott Crossi Cliff Llc $560,000
Previous Owner Dott Crossi Cliff Llc $2,500,000
Previous Owner Dott Crossi Cliff $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2016 07/28/16 Sold $2,850,000 0.0% $679 / Sq Ft
07/06/2016 07/06/16 For Sale $2,850,000 +34.1% $679 / Sq Ft
12/22/2014 12/22/14 Sold $2,125,000 -11.4% $671 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $2,399,000 0.0% $758 / Sq Ft
07/13/2012 07/13/12 Rented $5,200 0.0% --
06/29/2012 06/29/12 Under Contract -- -- --
06/12/2012 06/12/12 For Rent $5,200 -- --
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 $34,515 $3,307,667 $3,018,883 $288,784
2024 $34,515 $3,242,811 $2,959,689 $283,122
2023 $33,708 $3,179,227 $2,901,656 $277,571
2022 $33,151 $3,116,890 $2,844,761 $272,129
2021 $32,515 $3,055,775 $2,788,981 $266,794
2020 $32,203 $3,024,442 $2,760,383 $264,059
2019 $31,533 $2,965,140 $2,706,258 $258,882
2018 $30,904 $2,907,000 $2,653,194 $253,806
2017 $30,357 $2,850,000 $2,601,170 $248,830
2016 $23,615 $2,216,893 $1,961,150 $255,743
2015 $22,775 $2,125,000 $1,931,691 $193,309
2014 $2,702 $225,181 $123,571 $101,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16146660

California Regional Multiple Listing Service (CRMLS)

APN: 425-471-28