NOT LISTED FOR SALE

Estimated Value: $5,935,000 - $13,937,279

4 Beds
4.5 Baths
5,000 Sq Ft
$1,987/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $5,650,000 $1,130 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $63,849/month

18 Days on Market

Highlights

  • Gated with Attendant
  • Bay View
  • Custom Home
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of September 2016

This gracious and generously appointed 4 bedroom, 4.5 bathroom home is proudly positioned on one of the most desired and oversized corner lots in the guard gated community of Bayshores. Spanning approx. 5000 sqft, this airy and bright home offers an open concept floorplan and features hardwood floors, custom cabinetry, a large dining room with vaulted ceilings, and formal living room. The family room opens to the gourmet kitchen, boasting top of the line appliances, two center islands and two refrigerators with extra freezer drawers. The kitchen and dining room have French doors opening to an oversized patio, with a built in fire pit and built in Viking BBQ, perfect for al fresco dining and entertaining. The master suite is located on the main level and includes a huge walk-in closet, private dressing area and a luxurious bathroom. Additional features include a huge bonus room with kitchenette opening to a second large patio with built-in heaters, speakers and a Bay view, three secondary bedroom suites all offering private bathrooms and walk-in closets, Crestron control system and warm water outdoor shower, water filtration system, and a 3 car garage with a Floorguard flooring system, radiant heated floors, A/C and a dehumidifier.

Last Agent to Sell the Property

Lindsay Bibb

Cypress Cove Real Estate License #01273718 Listed on: 07/06/2016

Cypress Cove Real Estate

Co-Listed By

Natalie Raney

Cypress Cove Real Estate License #01770822

Last Buyer's Agent

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $129,289

Year Built

  • Built in 2007

Lot Details

  • 6,000 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Heated Garage
  • Parking Available
  • Three Garage Doors

Property Views

  • Bay
  • City Lights
  • Peek-A-Boo

Home Design

  • Custom Home
  • Traditional Architecture
  • Turnkey

Interior Spaces

  • 5,000 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Plantation Shutters
  • French Mullion Window
  • Bay Window
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Kitchenette
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Radiant Heating System
  • Water Purifier

Community Details

  • Gated with Attendant

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1102
  • Assessor Parcel Number 04917601

Home Details

Home Type

Single Family

Est. Annual Taxes

$129,289

Year Built

Built in 2007

Lot Details

0

HOA Fees

$188 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Bayshores (BSHR)
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04917601
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Cathedral Ceiling(s), Corian Counters, Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Fire Pit, Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 1130.00
  • Room Type: Bonus Room, Dressing Area, Family Room, Loft, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Retreat, Separate Family Room, Office
  • Window Features: Bay Window(s), French/Mullioned, Plantation Shutters
  • Room Kitchen Features: Kitchen Island, Kitchenette, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Bay, City Lights, Peek-A-Boo
  • Patio And Porch Features: Deck, Enclosed
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Heated Garage, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Double Oven, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Water Purifier
  • Heating Type: Central, Radiant, Zoned
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 565.00
  • Association Fee Frequency: Quarterly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6000.00
  • Price Per Lot Square Foot: 1050.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 1102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Peets Cari Jean
Bought by
Two Bayshores Llc
Current Estimated Value
$9,936,140

Purchase Details

Closed on
May 20, 2020
Sold by
Peets Chad
Bought by
Peets Carl Jean

Purchase Details

Closed on
May 15, 2020
Sold by
Peets Chad and Peets Carl Jean
Bought by
Peets Cari Jean

Purchase Details

Listed on
Jul 6, 2016
Closed on
Jul 27, 2016
Sold by
Patten Byron Crane and Patten Susan W
Bought by
Peets Chad and Peets Cari Jean
Seller's Agent
Lindsay Bibb
Cypress Cove Real Estate
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$6,300,000
Sold Price
$5,650,000
Premium/Discount to List
-$650,000
-10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$3,390,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2003
Sold by
Patten Byron Crane and Patten Susan W
Bought by
Patten Byron Crane and Patten Susan W

Purchase Details

Closed on
Jun 12, 2002
Sold by
Riccabona Steven V and Riccabona Victoria L
Bought by
Patten Bryon Crane and Patten Susan W
Source: Public Records

Range of Values:

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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
Two Bayshores Llc $12,250,000 Chicago Title
Peets Carl Jean -- None Available
Peets Cari Jean -- None Available
Peets Chad $5,650,000 First American Title Company
Patten Byron Crane -- --
Patten Bryon Crane $2,300,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peets Chad $3,390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $5,650,000 -10.3% $1,130 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $6,300,000 -- $1,260 / 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 $129,289 $12,495,000 $10,890,655 $1,604,345
2024 $129,289 $12,250,000 $10,677,112 $1,572,888
2023 $67,492 $6,408,968 $4,986,373 $1,422,595
2022 $66,380 $6,283,302 $4,888,601 $1,394,701
2021 $64,986 $6,148,987 $4,792,746 $1,356,241
2020 $63,487 $5,995,825 $4,743,603 $1,252,222
2019 $62,160 $5,878,260 $4,650,591 $1,227,669
2018 $60,842 $5,763,000 $4,559,402 $1,203,598
2017 $60,326 $5,650,000 $4,470,001 $1,179,999
2016 $39,058 $3,622,690 $2,716,859 $905,831
2015 $38,665 $3,568,274 $2,676,049 $892,225
2014 $37,797 $3,498,377 $2,623,629 $874,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16146116

California Regional Multiple Listing Service (CRMLS)

APN: 049-176-01