NOT LISTED FOR SALE

Estimated Value: $6,062,000 - $8,847,000

4 Beds
4.5 Baths
4,200 Sq Ft
$1,721/Sq Ft Est. Value

Last Sold February 08, 2013

Last sale price $4,066,180 $968 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $42,859/month

64 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Custom Home
  • Harbor View Elementary School Rated A
  • Ocean Side of Freeway
  • 3-minute walk to Begonia Park

About This Home

As of February 2013

This Newport Beach premier ocean view property has been voted one of the best buying opportunities in the current luxury marketplace-- offering a once-in-a-lifetime, sealed bid auction, 3:00 p.m., on Jan.7, 2013, published reserve at $3.8 million Located adjacent to the once priced $37 million famed Irvine family estate, this award winning property known as Casa Pacifica , boasts dramatic panoramic views of Newport Harbor, Catalina Island, live-bay cityscapes and the ocean, from every floor of the home. Nestled on a private street in Corona Del Mar s village, the approx. 4,200 sq. ft. custom residence was rebuilt in 2008, with designer finishes, rare stones, barrel vaulted ceilings, and custom moldings, fashioned in an elegant coastal Mediterranean style. Its open floor plan, hosts 4 bedrooms, 4.5 baths, and an additional approx. 1,642 sq. ft. of exterior decks, balconies, and garden loggia created for the ultimate entertaining experience.

Last Agent to Sell the Property

Coleen Brennan

Engel & Völkers Newport Beach License #01003247 Listed on: 11/06/2012

Engel & Völkers Newport Beach

Last Buyer's Agent

Donna Wall

Coldwell Banker Realty License #00906939

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,047

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 3,300 Sq Ft Lot
  • Southwest Facing Home

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

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

Home Design

  • Custom Home
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 4,200 Sq Ft Home
  • Crown Molding
  • Fireplace With Gas Starter
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Open to Family Room
  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Ocean Side of Freeway
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block BLK / D
  • Tax Tract Number 186
  • Assessor Parcel Number 05201114

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,047

Year Built

Built in 2008 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-275-2775
  • Property Attached: No
  • Subdivision Name Other: Corona del Mar South of PCH
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05201114
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4200.00
  • Interior Amenities: Balcony, Crown Molding
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Levels: Three Or More
  • Price Per Square Foot: 968.14
  • Room Type: Living Room, Master Suite
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: No
  • Direction Faces: Southwest
  • View: Bay, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Fence: No
  • Pool Private: No
  • Roof: Concrete, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Built-In, Double Oven, Dishwasher, Gas Cooking, Disposal, Range, Refrigerator, Cooktop
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Bluff
  • Lot Size Sq Ft: 3300.00
  • Lot Size Acres: 0.0760

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3300.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Block: D
  • Tax Lot: BLK
  • Tax Tract Number: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Jan 28, 2013
Sold by
Bettingen Grant and Bettingen Christi
Bought by
Ning Stanley C and Ning Nancy S
Seller's Agent
Coleen Brennan
Engel & Völkers Newport Beach
Buyer's Agent
Donna Wall
Coldwell Banker Realty
List Price
$3,800,000
Sold Price
$4,066,180
Premium/Discount to List
$266,180
7%
Current Estimated Value
$7,230,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,163,983
Avg. Annual Appreciation
4.67%
Original Mortgage
$2,846,326
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2007
Sold by
Bettingen Grant and Bettingen Christi
Bought by
Bettingen Grant and Bettingen Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.21%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bettingen Grant and Bettingen Christi
Bought by
Bettingen Grant and Bettingen Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 30, 2003
Sold by
Bettingen Grant and Bettingen Christi
Bought by
Bettingen Grant and Bettingen Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1999
Sold by
Grant Bettingen and Grant Christi Bettingen
Bought by
Bettingen Grant and Bettingen Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 9, 1999
Sold by
Grant Bettingen and Grant Christi Bettingen
Bought by
Bettingen Grant and Bettingen Christi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.95%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ning Stanley C -- Lawyers Title
Bettingen Grant -- First American Title Co
Bettingen Grant -- First American Title Co
Bettingen Grant -- --
Bettingen Grant -- North American Title Co
Bettingen Grant -- --
Bettingen Grant -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ning Stanley C $2,350,000
Closed Ning Stanley C $2,513,000
Closed Ning Stanley C $2,846,326
Previous Owner Bettingen Grant $3,500,000
Previous Owner Bettingen Grant $200,000
Previous Owner Bettingen Grant $1,755,000
Previous Owner Bettingen Grant $200,000
Previous Owner Bettingen Grant $1,300,000
Previous Owner Bettingen Grant $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2013 02/08/13 Sold $4,066,180 -9.5% $968 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
12/12/2012 12/12/12 Price Changed $4,495,000 +18.3% $1,070 / Sq Ft
11/22/2012 11/22/12 For Sale $3,800,000 -6.5% $905 / Sq Ft
11/21/2012 11/21/12 Off Market $4,066,180 -- --
11/06/2012 11/06/12 For Sale $3,800,000 -- $905 / 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 $52,047 $5,007,205 $4,198,778 $808,427
2024 $52,047 $4,909,025 $4,116,449 $792,576
2023 $50,832 $4,812,770 $4,035,734 $777,036
2022 $49,995 $4,718,402 $3,956,602 $761,800
2021 $49,035 $4,625,885 $3,879,022 $746,863
2020 $48,564 $4,578,453 $3,839,248 $739,205
2019 $47,551 $4,488,680 $3,763,969 $724,711
2018 $46,600 $4,400,667 $3,690,166 $710,501
2017 $45,774 $4,314,380 $3,617,810 $696,570
2016 $44,741 $4,229,785 $3,546,873 $682,912
2015 $44,323 $4,166,250 $3,493,595 $672,655
2014 $43,278 $4,084,639 $3,425,160 $659,479
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12004304

California Regional Multiple Listing Service (CRMLS)

APN: 052-011-14