NOT LISTED FOR SALE

Estimated Value: $7,755,000 - $8,450,000

4 Beds
4.5 Baths
5,000 Sq Ft
$1,637/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $3,850,000 $770 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $48,624/month

56 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Ocean Side of Highway 1
  • Harbor View Elementary School Rated A
  • Primary Bedroom Suite
  • Custom Home

About This Home

As of December 2013

VERY MOTIVATED!!!OWNER LOOKING AT ALL OFFERS!!! Home is beautifully staged! Built in 2002 by Pinnacle Custom Homes. This 4 bedroom, 4.5 bath home is complete w/large great room, office, gym, 2nd floor observatory w/Catalina, sunset and ocean views. Custom features include the use of travertine and granite throughout. The gourmet kitchen offers a huge island counter for eating and a breakfast/dinner area that also opens to a great room with gorgeous fireplace. Ocean views, large master bedroom w/retreat which includes a fireplace, jetted spa tub, large balcony and sauna. Formal living room and dining room. Outdoor BBQ great for entertaining. Oversized three car garage. Shorecliffs offers two private gated entrances to some of SOCAL's best beaches. SELLER IS READY TO MAKE A DEAL!!!!!

Last Agent to Sell the Property

Brian Thomas

Surterre Properties Inc. License #01320898 Listed on: 07/22/2013

Surterre Properties Inc.

Last Buyer's Agent

Brian Thomas

Surterre Properties Inc. License #01320898 Listed on: 07/22/2013

Surterre Properties Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,378

Year Built

  • Built in 2002

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Hills

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Stucco

Interior Spaces

  • 5,000 Sq Ft Home
  • Recessed Lighting
  • Wood Burning Fireplace
  • Two Way Fireplace
  • See Through Fireplace
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Family or Dining Combination
  • Den
  • Home Gym
  • Center Hall
  • Stone Flooring
  • Fire Sprinkler System
  • Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Warming Drawer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Outdoor Features

  • Ocean Side of Highway 1
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 1116
  • Assessor Parcel Number 05219209

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,378

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Shore Cliffs (SHOR)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05219209
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Fireplace Features: Family Room, Gas, Gas Starter, See Through, Two Way, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 770.00
  • Room Type: Attic, Center Hall, Den, Family Room, Formal Entry, Great Room, Exercise Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry

Exterior Features

  • Other Structures: Guest House
  • View: Catalina, Hills, Ocean, Water
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Built-In Storage, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Convection Oven, Double Oven, Dishwasher, Disposal, Self Cleaning Oven, Warming Drawer
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central, Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Gas & Electric Dryer Hookup, Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 1116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2014
Sold by
Yin Guangming and Zhang Ping
Bought by
Yin & Zhang Family Trust
Current Estimated Value
$8,184,443

Purchase Details

Listed on
Jul 22, 2013
Closed on
Nov 14, 2013
Sold by
Davidson Dan R
Bought by
Yin Guangming and Zhang Ping
Seller's Agent
Brian Thomas
Surterre Properties Inc.
Buyer's Agent
Brian Thomas
Surterre Properties Inc.
List Price
$4,350,000
Sold Price
$3,850,000
Premium/Discount to List
-$500,000
-11.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$2,695,000
Outstanding Balance
$732,777
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$7,451,666

Purchase Details

Closed on
Aug 25, 2004
Sold by
Davidson Dan R and Davidson Daniel R
Bought by
Davidson Dan R and Daniel R Davidson Inter Vivos Trust

Purchase Details

Closed on
Jun 17, 2003
Sold by
Davidson Julia M
Bought by
Davidson Dan R

Purchase Details

Closed on
Jan 24, 2001
Sold by
Bellei Star Lee
Bought by
Davidson Dan R and Davidson Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Interest Rate
7%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Hanck Lydia R
Bought by
Hanck Lydia R
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
Yin & Zhang Family Trust -- None Available
Yin Guangming $3,850,000 Lawyers Title
Davidson Dan R -- --
Davidson Dan R -- --
Davidson Dan R $1,480,000 First American Title Ins Co
Hanck Lydia R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open In Guangming $992,400
Closed Yin Guangming $1,099,000
Open Yin Guangming $2,695,000
Previous Owner Davidson Dan R $1,300,000
Previous Owner Davidson Daniel R $3,160,000
Previous Owner Davidson Dan R $2,100,000
Previous Owner Davidson Daniel R $2,158,000
Previous Owner Davidson Dan R $1,110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2013 12/23/13 Sold $3,850,000 -7.2% $770 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
09/03/2013 09/03/13 Price Changed $4,150,000 -4.6% $830 / Sq Ft
07/22/2013 07/22/13 For Sale $4,350,000 -- $870 / 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 $49,378 $4,755,627 $3,330,922 $1,424,705
2024 $49,378 $4,662,380 $3,265,610 $1,396,770
2023 $48,224 $4,570,961 $3,201,578 $1,369,383
2022 $47,428 $4,481,335 $3,138,802 $1,342,533
2021 $46,516 $4,393,466 $3,077,257 $1,316,209
2020 $46,069 $4,348,417 $3,045,704 $1,302,713
2019 $45,106 $4,263,154 $2,985,984 $1,277,170
2018 $44,203 $4,179,563 $2,927,435 $1,252,128
2017 $43,418 $4,097,611 $2,870,034 $1,227,577
2016 $42,437 $4,017,266 $2,813,759 $1,203,507
2015 $41,723 $3,926,923 $2,771,493 $1,155,430
2014 $40,737 $3,850,000 $2,717,203 $1,132,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13144456

California Regional Multiple Listing Service (CRMLS)

APN: 052-192-09