T
Seller's Agent in 2017
Tim De Cinces
Tim De Cinces
24 Inverness Ln Newport Beach, CA 92660
Big Canyon NeighborhoodEstimated Value: $6,494,733 - $7,004,000
4
Beds
2.5
Baths
3,790
Sq Ft
$1,790/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Gated with Attendant
- Primary Bedroom Suite
- Abraham Lincoln Elementary School Rated A
- Pebble Pool Finish
- Heated Floor in Bathroom
About This Home
As of October 2017Come see this custom masterpiece again for the first time!!! It has been completely redecorated in a sophisticated, elegant yet modern style. The design showcases the exquisite detail of the construction including 13 foot ceilings and dramatic stone and wood work throughout. This premier Big Canyon Estate was completely rebuilt just SIX years ago with every inch designed and built with the finest materials in the world. Hand cut stacked stone, slate roof, copper gutters and gas lanterns accentuate the inviting outdoor living spaces. The interior courtyard has a majestic olive tree which shades the living area around a wood burning fire place, covered bar with ice maker, refrigerator, and custom cabinets concealing a large TV. The backyard has a pebble tech pool and spa with multiple water features, a 42-inch Lynx grill, and custom cut stone farmhouse sink. No expense was spared on the inside either with 13 foot ceilings, over 40 windows bringing in a glorious balance of natural light, heated marble floors, and a custom wood master closet with hand stitched leather pulls by Studio Becker. There is a separate retreat/office/guest house with exquisite wood paneledand inlayed ceiling above the three-car garage. This truly is one of the most meticulously designed and maintained homes ever to hit the market in Big Canyon.
Last Agent to Sell the Property
Tim De Cinces
Tim De Cinces License #01369352 Listed on: 09/19/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,509
Year Built
- Built in 1972
Lot Details
- 0.27 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Sprinklers Throughout Yard
- Back Yard
HOA Fees
- $295 Monthly HOA Fees
Parking
- 3 Car Garage
Interior Spaces
- 3,790 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Living Room with Fireplace
- Built-In Trash or Recycling Cabinet
- Laundry Room
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Maid or Guest Quarters
- Heated Floor in Bathroom
- Bathtub
Home Security
- Home Security System
- Intercom
Pool
- Pebble Pool Finish
- Saltwater Pool
- Spa
- Waterfall Pool Feature
Outdoor Features
- Outdoor Fireplace
- Outdoor Grill
Schools
- Lincoln Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Zoned Cooling
Listing and Financial Details
- Assessor Parcel Number 44221102
Community Details
Overview
- Bccc Association, Phone Number (949) 574-2702
Recreation
- Golf Course Community
- Community Playground
Additional Features
- Picnic Area
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 2, 2021
Sold by
Hughes Richard Drew and Hughes Richard
Bought by
Hughes Richard Drew and Hughes Richard
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,372,600
Outstanding Balance
$6,288,504
Interest Rate
2.7%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$172,765
Purchase Details
Closed on
Jan 28, 2020
Sold by
Hughes Richard Drew and Hughes Elizabeth Connell
Bought by
Hughes Richard Drew and Hughes Elizabeth Connell
Purchase Details
Closed on
May 25, 2019
Sold by
Hughes Richard Drew and Hughes Elizabeth Connell
Bought by
Hughes Richard Drew and Hughes Elizabeth Connell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,080,000
Interest Rate
4.1%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Listed on
Sep 19, 2017
Closed on
Oct 2, 2017
Sold by
Scott Gregory W and Scott Victoria A
Bought by
Hughes Richard D and Hughes Elizabeth C
Seller's Agent
Tim De Cinces
Tim De Cinces
Buyer's Agent
Laurie Eastman
Compass
List Price
$3,999,000
Sold Price
$3,850,000
Premium/Discount to List
-$149,000
-3.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Purchase Details
Closed on
Dec 18, 2013
Sold by
Scott Gregory W and Seratelli Victoria A
Bought by
Scott Gregory W and Seratelli Victoria A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 19, 2007
Sold by
Seratelli Victoria
Bought by
Seratelli Victoria A and Victoria A Seratelli Living Trust
Purchase Details
Closed on
Oct 20, 2003
Sold by
Scott Gregory W
Bought by
Scott Gregory W and Seratelli Victoria
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
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 29, 2003
Sold by
Scott Karen R
Bought by
Scott Gregory W
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
6.22%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 18, 2003
Sold by
Valentine David A and Valentine Patrica A
Bought by
Scott Gregory W
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
6.22%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hughes Richard Drew | -- | Placer Title Company | |
| Hughes Richard Drew | -- | None Available | |
| Hughes Richard Drew | -- | None Available | |
| Hughes Richard Drew | -- | Fnc Title Of California | |
| Hughes Richard D | $3,850,000 | Chicago Title Co | |
| Scott Gregory W | -- | First American Title Company | |
| Seratelli Victoria A | -- | None Available | |
| Scott Gregory W | -- | Equity Title Company | |
| Scott Gregory W | -- | -- | |
| Scott Gregory W | $2,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hughes Richard Drew | $6,372,600 | |
| Closed | Hughes Richard Drew | $4,080,000 | |
| Previous Owner | Scott Gregory W | $1,500,000 | |
| Previous Owner | Valentine David A | $3,000,000 | |
| Previous Owner | Scott Gregory W | $1,500,000 | |
| Previous Owner | Valentine David A | $200,000 | |
| Previous Owner | Valentine David A | $715,000 | |
| Previous Owner | Valentine Patricia A | $16,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2017 10/31/17 | Sold | $3,850,000 | -3.7% | $1,016 / Sq Ft |
| 09/25/2017 09/25/17 | Pending | -- | -- | -- |
| 09/19/2017 09/19/17 | For Sale | $3,999,000 | -- | $1,055 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $45,509 | $4,380,640 | $3,819,552 | $561,088 |
| 2024 | $45,509 | $4,294,746 | $3,744,659 | $550,087 |
| 2023 | $37,476 | $3,545,683 | $3,025,483 | $520,200 |
| 2022 | $36,856 | $3,476,160 | $2,966,160 | $510,000 |
| 2021 | $36,147 | $3,408,000 | $2,908,000 | $500,000 |
| 2020 | $36,926 | $3,480,000 | $2,977,014 | $502,986 |
| 2019 | $41,572 | $3,927,000 | $3,424,014 | $502,986 |
| 2018 | $40,740 | $3,850,000 | $3,356,876 | $493,124 |
| 2017 | $31,978 | $3,011,001 | $2,491,388 | $519,613 |
| 2016 | $31,256 | $2,951,962 | $2,442,537 | $509,425 |
| 2015 | $30,963 | $2,907,621 | $2,405,848 | $501,773 |
| 2014 | $29,097 | $2,742,854 | $2,280,043 | $462,811 |
Source: Public Records
Agents Affiliated with this Home
-
-
Laurie Eastman
Buyer's Agent in 2017
Laurie Eastman
Compass
(949) 717-7100
2 in this area
73 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17216575
APN: 442-211-02
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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