NOT LISTED FOR SALE

24 Fairway Point Newport Coast, CA 92657

Newport Coast Neighborhood

Estimated Value: $7,610,000 - $17,304,378

6 Beds
9 Baths
8,834 Sq Ft
$1,410/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $9,100,000 $1,030 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $78,643/month

About This Home

As of November 2015

Elegant French inspired front row estate with tranquil views of the Pelican Hill Golf Course and Ocean. Formal entry foyer invites you into this intuitively layed out floor plan. A beautiful library/office, formal dining room, formal living room and guest bedroom grace the main level. A spacious gourmet kitchen with eating nook all open to the family room is perfect for everyday living and entertaining. Master retreat with sitting area, master bath with dual vanities, spa tub and walk in shower allows for true relaxation. Rear yard with loggia, pool, spa and built-in BBQ area all looking over the golf course with ocean beyond.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Ali Mozayeni
Bought by
Ali And Gisoo Mozayeni Living Trust
Current Estimated Value
$12,457,189

Purchase Details

Closed on
Jun 8, 2021
Sold by
The Santoro Family Trust
Bought by
Mozayeni Ali and Zarrabi Gisoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,280,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2021
Sold by
Santoro Kimberly Y and Santoro Family Trust
Bought by
Smith Caroline and Cs Administrative Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,280,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2015
Sold by
Gilchrist Richard I and Gilchrist Nina N
Bought by
The Santoro Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,190,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2006
Sold by
Ibar Development Llc
Bought by
Gilchrist Richard I and Gilchrist Nina N

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
6.63%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Ali And Gisoo Mozayeni Living Trust -- James F Roberts & Associates
Mozayeni Ali $8,800,000 First Amer Ttl Co Res Div
Smith Caroline -- None Available
The Santoro Family Trust $9,100,000 Chicago Title Company
Gilchrist Richard I $8,750,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mozayeni Ali $5,280,000
Previous Owner The Santoro Family Trust $8,190,000
Previous Owner Gilchrist Richard I $3,000,000
Previous Owner Ibar Development Llc $4,060,000
Previous Owner Ibar Development Llc $4,030,000
Previous Owner Ibar Development Llc $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $9,100,000 -8.5% $1,044 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $9,950,000 -- $1,142 / Sq Ft

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
2024 $98,243 $9,155,520 $5,407,061 $3,748,459
2023 $96,038 $8,976,000 $5,301,040 $3,674,960
2022 $94,455 $8,800,000 $5,197,098 $3,602,902
2021 $106,491 $9,952,178 $6,550,717 $3,401,461
2020 $106,065 $9,850,131 $6,483,547 $3,366,584
2019 $104,035 $9,656,992 $6,356,419 $3,300,573
2018 $101,961 $9,467,640 $6,231,784 $3,235,856
2017 $101,181 $9,282,000 $6,109,592 $3,172,408
2016 $101,296 $9,100,000 $5,989,796 $3,110,204
2015 $91,963 $8,177,180 $5,510,972 $2,666,208
2014 $91,540 $8,177,180 $5,510,972 $2,666,208
Source: Public Records

Agents Affiliated with this Home

  • Marcy Weinstein

    Seller's Agent in 2015

    Marcy Weinstein

    Compass

    (949) 689-3550

    16 in this area

    42 Total Sales

    Marcy Weinstein
    Section Image
  • Rex Mckown

    Seller Co-Listing Agent in 2015

    Rex Mckown

    Compass

    (949) 689-5018

    19 in this area

    59 Total Sales

    Rex Mckown
    Section Image
  • Rob Smith

    Buyer's Agent in 2015

    Rob Smith

    Compass

    (949) 697-8855

    6 in this area

    32 Total Sales

    Rob Smith
    Section Image
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Map

California Orange County Newport Coast 92657 Newport Coast

24 Fairway Point, Newport Coast, CA

Homes for Sale in Newport Coast, CA

This home is located at 24 Fairway Point, Newport Coast, CA 92657 and is currently estimated at $12,457,189, approximately $1,410 per square foot. 24 Fairway Point is a home located in Orange County with nearby schools including Newport Coast Elementary School, Corona del Mar Middle and High School, and Del Mar Lincoln Child Development Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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