NOT LISTED FOR SALE

Estimated Value: $5,288,000 - $17,991,531

6 Beds
6.5 Baths
10,500 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $7,600,000 $724 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $67,129/month

Highlights

  • Ocean View
  • Heated Infinity Pool
  • Wood Flooring
  • Newport Coast Elementary School Rated A
  • 0.49 Acre Lot
  • Main Floor Bedroom

About This Home

As of November 2019

Located in the exclusive community of Pelican Crest, this Mediterranean style custom estate features 6 bedrooms, 6.5 baths, a groumet kitchen, spacious rooms with vaulted ceilings, a sunken bar, a 6-car subterranean garage, elevator, pool, spa, and an overwhelmingly large game room/home theater. This home has also been recently painted and carpeted. Situated on an oversized lot, this home boasts stunning views of Newport Harbor, the Blue Pacific, Catalina Island, Fashion Island, and enchanting city lights. Property photos depict a virtually staged representation of the property by roOomy Virtual Staging. Photos may not represent actual flooring, fixtures, or features included in the property sale and may not be an actual representation of the property’s condition.

Last Agent to Rent the Property

Hosana Saputra

Surterre Properties Inc License #01320561 Listed on: 03/29/2019

Surterre Properties Inc

Last Renter's Agent

Brandon Davar

Davar & Co License #01918165

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,353

Year Built

  • Built in 1999

Lot Details

  • 0.49 Acre Lot
  • Paved or Partially Paved Lot

Parking

  • 6 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Back Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 10,500 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms

Pool

  • Heated Infinity Pool
  • Filtered Pool
  • Heated Spa
  • Waterfall Pool Feature

Utilities

  • Central Heating and Cooling System
  • Radiant Heating System
  • Baseboard Heating

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $45,000
  • Rent includes association dues, gardener, pool
  • 12-Month Minimum Lease Term
  • Available 3/30/19
  • Tax Lot 53
  • Tax Tract Number 15105
  • Assessor Parcel Number 47308209

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,353

Year Built

Built in 1999

Lot Details

0

Parking

6

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2019-03-30
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 45000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Inclusions: Association Dues, Pool, Gardener
  • Property Attached: No
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47308209
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10500.00 Square Feet
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Area, Breakfast Nook, Dining Ell, Family Kitchen, In Family Room, Dining Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.05
  • Room Type: Great Room, Main Floor Bedroom
  • Spa Features: Private, Heated

Exterior Features

  • View: Back Bay, Bay, Catalina, City Lights, Coastline, Golf Course, Harbor, Ocean, Panoramic
  • Pool Features: Private, Filtered, Heated, Infinity, Waterfall
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Baseboard, Radiant
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 21357.00
  • Lot Size Acres: 0.4903

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 21357.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Pool

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 15105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Feb 4, 2013
Sold by
Blue Bay Properties Llc
Bought by
Peace Global Investment Llc
Seller's Agent
Spyro Kemble
Surterre Properties Inc.
Buyer's Agent
Hosana Saputra
Surterre Properties Inc
List Price
$7,695,000
Sold Price
$7,600,000
Premium/Discount to List
-$95,000
-1.23%
Current Estimated Value
$10,836,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,236,844
Avg. Annual Appreciation
2.90%
Original Mortgage
$4,560,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2006
Sold by
Trevana Properties Inc
Bought by
Blue Bay Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2006
Sold by
Nevada Business Credit Llc
Bought by
Trexana Properties Inc

Purchase Details

Closed on
Aug 10, 2006
Sold by
Nevada Business Credit Llc
Bought by
Trexana Properties Inc

Purchase Details

Closed on
Jan 19, 2005
Sold by
Mosesian Peter P
Bought by
Nevada Business Credit Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 2004
Sold by
Nevada Business Credit Llc
Bought by
Mosesian Peter P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
5.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 12, 2004
Sold by
Mosesian Peter P
Bought by
Nevada Business Credit Llc

Purchase Details

Closed on
Feb 8, 2001
Sold by
Sachs Andra R
Bought by
Mosesian Peter P and The Peter P Mosesion Living Trust 1991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,420,000
Interest Rate
6.98%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Ibar Development Llc
Bought by
Sachs Bradford H and Sachs Andra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,675,000
Interest Rate
7.71%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Irvine Community Development Company
Bought by
Ibar Development Llc
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
Peace Global Investment Llc $7,600,000 First American Title Company
Blue Bay Properties Llc -- First American Title Co
Trexana Properties Inc -- None Available
Trexana Properties Inc -- None Available
Nevada Business Credit Llc -- --
Mosesian Peter P -- Ticor Title Co Of California
Nevada Business Credit Llc -- --
Mosesian Peter P $5,460,000 First American Title Ins Co
Sachs Andra R -- First American Title Ins Co
Sachs Bradford H $5,350,000 First American Title Ins Co
Ibar Development Llc -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peace Global Investment Llc $4,560,000
Previous Owner Peace Global Investment Llc $4,560,000
Previous Owner Blue Bay Properties Llc $6,000,000
Previous Owner Mosesian Peter P $1,980,000
Previous Owner Mosesian Peter P $4,195,000
Previous Owner Mosesian Peter P $1,077,800
Previous Owner Mosesian Peter P $4,222,000
Previous Owner Mosesian Peter P $500,000
Previous Owner Mosesian Peter P $1,077,800
Previous Owner Mosesian Peter P $3,727,000
Previous Owner Mosesian Peter P $1,077,800
Previous Owner Mosesian Peter P $3,420,000
Previous Owner Sachs Bradford H $2,675,000
Previous Owner Ibar Development Llc $1,970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Rented $32,000 -8.6% --
03/29/2019 03/29/19 For Rent $35,000 0.0% --
09/01/2018 09/01/18 Rented $35,000 0.0% --
08/06/2018 08/06/18 For Rent $35,000 +40.0% --
12/10/2016 12/10/16 Rented $25,000 -2.0% --
09/14/2016 09/14/16 Price Changed $25,500 -5.6% $2 / Sq Ft
05/22/2016 05/22/16 For Rent $27,000 +8.0% --
04/09/2015 04/09/15 Rented $25,000 0.0% --
03/10/2015 03/10/15 Under Contract -- -- --
01/06/2015 01/06/15 For Rent $25,000 +13.6% --
09/13/2013 09/13/13 Rented $22,000 -10.2% --
09/13/2013 09/13/13 Under Contract -- -- --
06/27/2013 06/27/13 For Rent $24,500 0.0% --
03/29/2013 03/29/13 Sold $7,600,000 -1.2% $724 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $7,695,000 -- $733 / 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 $98,353 $9,358,854 $5,163,922 $4,194,932
2024 $98,353 $9,175,348 $5,062,669 $4,112,679
2023 $96,146 $8,995,440 $4,963,401 $4,032,039
2022 $94,561 $8,819,059 $4,866,079 $3,952,980
2021 $92,129 $8,646,137 $4,770,666 $3,875,471
2020 $91,961 $8,557,482 $4,721,749 $3,835,733
2019 $90,226 $8,389,689 $4,629,166 $3,760,523
2018 $88,429 $8,225,186 $4,538,398 $3,686,788
2017 $87,638 $8,063,908 $4,449,409 $3,614,499
2016 $89,468 $7,905,793 $4,362,166 $3,543,627
2015 $88,736 $7,787,041 $4,296,642 $3,490,399
2014 $86,659 $7,634,504 $4,212,477 $3,422,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19070345

California Regional Multiple Listing Service (CRMLS)

APN: 473-082-09