NOT LISTED FOR SALE

Estimated Value: $8,282,000 - $10,998,565

5 Beds
5.5 Baths
5,920 Sq Ft
$1,561/Sq Ft Est. Value

Last Sold November 14, 2017

Last sale price $5,500,000 $929 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $55,421/month

275 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • In Ground Spa
  • Harbor View Elementary School Rated A
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of November 2017

This ultra-luxurious, ocean view, Shorecliffs, Mediterranean-Revival style home was completely remodeled and updated in 2015 with all of the most highly desired modern amenities, colors, fits, finishes and upgrades. The lower level of the 5,900 square foot home features a gracious entry, hardwood and stone floors, a formal living room with coffered ceilings and a Limestone fireplace, a formal dining area, an office/ den with a private bath, rich wood paneling, a temperature controlled wine cellar with storage for over 1000 bottles, a huge family room kitchen with disappearing doors to the outside; a new island kitchen with custom cabinetry, stone countertops and every imaginable professional grade appliance, a butler’s pantry, a powder bath and a 3-car attached garage. The second level of the home has a large master suite with an ocean view sitting area, fireplace, vaulted ceilings, new white marble bath and his and hers closets; there are three additional generous-sized bedrooms with ensuite baths, a big bonus media room, top-of-the-line audio-visual equipment and a large laundry. The big backyard features a covered loggia, a free form swimming pool and spa, an arched waterfeature, and built-in BBQ entertainment area. Shorecliffs is one of Orange County's most coveted oceanfront communities located within easy walking distance of all of the fun and fine dining of Corona del Mar village; the community features old-growth trees and two private accesses to Little Corona beach.

Last Agent to Sell the Property

Evan Corkett

Pacific Sotheby's Int'l Realty License #00468496 Listed on: 02/08/2017

Pacific Sotheby's Int'l Realty

Co-Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421

Last Buyer's Agent

Eliisa Stowell

Surterre Properties Inc. License #01397481

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,950

Year Built

  • Built in 2006

Lot Details

  • 8,757 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • Lawn
  • Back and Front Yard

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Tandem Parking
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Copper Plumbing

Interior Spaces

  • 5,920 Sq Ft Home
  • Central Vacuum
  • Wired For Sound
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Tinted Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Blinds
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

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

Pool

  • In Ground Spa
  • Heated Pool
  • Fence Around Pool
  • Permits for Pool

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Lanai
  • Outdoor Grill
  • Rain Gutters
  • Rear Porch

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Hot Water Circulator
  • Gas Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Community Details

  • Shore Cliffs Association, Phone Number (949) 717-6000
  • Shore Cliffs Subdivision

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 1116
  • Assessor Parcel Number 05220135

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,950

Year Built

Built in 2006

Lot Details

0

HOA Fees

$52 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System
  • Subdivision Name Other: Shore Cliffs (SHOR)
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05220135
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5920.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Copper Plumbing Full, Crown Molding, High Ceilings, Living Room Deck Attached, Stone Counters, Tandem, Vacuum Central, Wired for Sound
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Master Retreat, Outside
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 929.05
  • Room Type: Bonus Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Utility Room, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: In Ground, Private
  • Window Features: Blinds, Custom Covering, Plantation Shutters, Tinted Windows
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Stone Counters, Vanity Area

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Coastline, Ocean
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Lanai, Patio, Rear Porch
  • Pool Features: Private, Fenced, Heated, Permits
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Self Cleaning Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Ice Maker, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator, Water Purifier, Water Softener
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Central, Zoned, Natural Gas
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 52.00
  • Association Fee Frequency: Monthly
  • Association Name: Shore Cliffs
  • Phone: 949-717-6000
  • Senior Community: No
  • Community Features: Curbs, Storm Drains

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 8757.00
  • Lot Size Acres: 0.2010

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8757.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 627.02
  • Tax Lot: 20
  • Tax Tract Number: 1116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
Chester Chris L and Chester Sarah E
Bought by
Simmons Wong F and Simmons Wong Roberta J
Current Estimated Value
$9,239,891

Purchase Details

Closed on
Apr 26, 2011
Sold by
Alter Robert A and Alter Joanne M
Bought by
Chester Chris L and Chester Sarah E

Purchase Details

Closed on
May 18, 2007
Sold by
Itf Ltd
Bought by
Alter Robert A and Alter Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,558,750
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Nicholson Tonya
Bought by
Nicholson Thomas Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 21, 2005
Sold by
Lynch Walter Norman and Lynch Joan Peterson
Bought by
Nicholson Thomas Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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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
Simmons Wong F $5,500,000 Chicago Title Co
Chester Chris L $4,500,000 First American Title
Alter Robert A $5,525,000 First American Title Co
Nicholson Thomas Q -- California Title Company
Nicholson Thomas Q -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chester Chris L $2,000,000
Previous Owner Alter Robert A $3,558,750
Previous Owner Nicholson Thomas Q $3,000,000
Previous Owner Lynch Walter Norman $250,000
Closed Nicholson Thomas Q $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2017 11/14/17 Sold $5,500,000 -8.3% $929 / Sq Ft
11/10/2017 11/10/17 Pending -- -- --
05/10/2017 05/10/17 Price Changed $5,995,000 -7.7% $1,013 / Sq Ft
02/08/2017 02/08/17 For Sale $6,495,000 -- $1,097 / 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 $64,950 $6,258,060 $4,722,641 $1,535,419
2024 $64,950 $6,135,353 $4,630,040 $1,505,313
2023 $63,362 $6,015,052 $4,539,254 $1,475,798
2022 $62,319 $5,897,110 $4,450,249 $1,446,861
2021 $61,119 $5,781,481 $4,362,989 $1,418,492
2020 $60,533 $5,722,200 $4,318,252 $1,403,948
2019 $59,266 $5,610,000 $4,233,580 $1,376,420
2018 $58,079 $5,500,000 $4,150,568 $1,349,432
2017 $52,578 $4,967,579 $3,537,066 $1,430,513
2016 $51,389 $4,870,176 $3,467,712 $1,402,464
2015 $50,908 $4,797,022 $3,415,624 $1,381,398
2014 $49,706 $4,703,055 $3,348,716 $1,354,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17026714

California Regional Multiple Listing Service (CRMLS)

APN: 052-201-35