NOT LISTED FOR SALE

Estimated Value: $8,206,000 - $13,319,116

3 Beds
5 Baths
5,738 Sq Ft
$1,924/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $9,970,000 $1,738 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $68,985/month

15 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Home Theater
  • El Morro Elementary School Rated A+
  • Wine Cellar
  • Private Pool

About This Home

As of November 2018

This single story estate occupies one of Crystal Cove’s finest ocean-view parcels of nearly 16,000 sq. ft. with over 120' of view frontage. The elevated, corner location - one of the most sought after in the entire community - affords it sweeping coastline views and exceptional privacy. Meticulously improved and enlarged in a multi-million dollar reconstruction, this exquisite Spanish Colonial residence is configured to capture panoramas of the coastline, ocean, islands and sunsets from throughout. Large informal rooms with 10-14' ceilings are arranged in an eminently livable plan. Walls of French doors open to the surrounding gardens and courtyards. An expanded 5 room master suite includes an ocean view bedroom w/ sitting area, a study, exercise room, an impressive new bath with oversized dressing room. The completely remodeled view kitchen includes dual islands with SubZero, Gaggenau, and Wolfe appliances, and adjoins a caterer’s area. The home also features the consummate residential theater, with tiered seating for 10. Magnificently cultivated gardens include a stylized rose + hedge garden; a forecourt w/ park views; a sunlit courtyard; and an immense ocean garden w/ terraces, lawns, and a large pool + spa. 2 additional bedroom suites, a music room, games room, lounge, and 3-car garage complete the residence. The property is also a short walk from the shopping and beach. This is the very best of Crystal Cove.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 09/14/2018

Last Buyer's Agent

Paul Daftarian

Luxe Real Estate License #01317949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,144

Year Built

  • Built in 2000

Lot Details

  • 0.35 Acre Lot
  • Corner Lot
  • Back Yard

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood

Interior Spaces

  • 5,738 Sq Ft Home
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Gym
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Patio
  • Terrace
  • Exterior Lighting

Additional Features

  • Property is near a park
  • Central Air

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 15818
  • Assessor Parcel Number 47720221

Community Details

Overview

  • Keystone Pacific Association, Phone Number (949) 833-2600

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,144

Year Built

Built in 2000

Lot Details

0

HOA Fees

$615 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Watermark (CCWM)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47720221
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5738.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1737.54
  • Room Type: All Bedrooms Down, Exercise Room, Family Room, Home Theatre, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic
  • Patio And Porch Features: Terrace
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Gym/Ex Room, Clubhouse, Guard, Security
  • Association Fee: 615.00
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Pacific
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Park Nearby
  • Lot Size Sq Ft: 15371.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 27
  • Tax Tract Number: 15818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 1, 2018
Sold by
Aversano Rick
Bought by
Liu Zhen Jiang and Feng Xiaoping
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$10,995,000
Sold Price
$9,970,000
Premium/Discount to List
-$1,025,000
-9.32%
Current Estimated Value
$11,042,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,072,372
Avg. Annual Appreciation
1.49%

Purchase Details

Closed on
Aug 22, 2017
Sold by
Lienhart Wendy
Bought by
Lienhart Wendy F and Wendy F Lienhart Revocable Trust

Purchase Details

Closed on
Jun 20, 2017
Sold by
Aversano Rick
Bought by
Aversano Rick and Xentropi Trust

Purchase Details

Closed on
May 4, 2006
Sold by
Aversano Rick and Aversano Wendy
Bought by
Aversano Rick and Aversano Wendy

Purchase Details

Closed on
May 3, 2005
Sold by
Mead Virginia C
Bought by
Aversano Rick and Aversano Wendy

Purchase Details

Closed on
Jul 15, 2003
Sold by
Mead Virginia C
Bought by
Mead Virginia C and Virginia C Mead Trust
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
Liu Zhen Jiang $9,970,000 Lawyers Title
Lienhart Wendy F -- None Available
Aversano Rick -- None Available
Aversano Rick -- None Available
Aversano Rick -- None Available
Aversano Rick $5,650,000 California Title Company
Mead Virginia C -- --
Mead Virginia C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2018 11/05/18 Sold $9,970,000 -9.3% $1,738 / Sq Ft
09/14/2018 09/14/18 For Sale $10,995,000 -- $1,916 / 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 $115,144 $11,121,723 $9,425,242 $1,696,481
2024 $115,144 $10,903,650 $9,240,433 $1,663,217
2023 $112,593 $10,689,853 $9,059,248 $1,630,605
2022 $110,486 $10,480,249 $8,881,616 $1,598,633
2021 $108,150 $10,274,754 $8,707,466 $1,567,288
2020 $107,178 $10,169,400 $8,618,182 $1,551,218
2019 $105,329 $9,970,000 $8,449,198 $1,520,802
2018 $75,854 $7,142,093 $5,811,641 $1,330,452
2017 $74,649 $7,002,052 $5,697,687 $1,304,365
2016 $73,854 $6,864,757 $5,585,967 $1,278,790
2015 $71,298 $6,616,000 $5,486,098 $1,129,902
2014 $67,023 $6,205,000 $5,075,098 $1,129,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18224016

California Regional Multiple Listing Service (CRMLS)

APN: 477-202-21