NOT LISTED FOR SALE

Estimated Value: $4,804,000 - $5,609,579

3 Beds
4.5 Baths
4,134 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $2,450,000 $593 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $31,943/month

118 Days on Market

Highlights

  • On Golf Course
  • 24-Hour Security
  • Primary Bedroom Suite
  • Abraham Lincoln Elementary School Rated A
  • Private Pool
  • Panoramic View

About This Home

As of December 2014

Boasting one of the most spectacular views in prestigious Big Canyon, this phenomenal residence features beautiful upgrades, a fantastic floor plan, and a premiere location. Offering the utmost in privacy and serenity, the home is situated on an oversized, pie shaped lot at the end of a quiet cul-de-sac and within close proximity to Fashion Island. A gracious formal entry with double height ceilings capturing the spectacular views leads to the formal living and dining rooms. A remodeled gourmet kitchen with stainless steel appliances, stone countertops, custom cabinetry and walk in pantry opens to a generous sized family room. Perfect for indoor-outdoor living, both family and living rooms offer backyard access. Capitalizing on the oversized, elevated and private lot, the backyard features a pool, spa, BBQ area, several seating areas, and amazing panoramic golf course, city light and lake views. The spacious main level master suite features stunning views, an updated bath with limestone counters and flooring, and large walk in closet. The main level is complete with an office with extensive built-ins and custom cabinetry. The second level is comprised of two en-suite bedrooms, each with neutral tile baths and private decks. Attached two car garage.

Last Agent to Sell the Property

Natalie Raney

Cypress Cove Real Estate License #01770822 Listed on: 07/07/2014

Co-Listed By

Lindsay Bibb

Cypress Cove Real Estate License #01273718

Last Buyer's Agent

Danube Marandi

Berkshire Hathaway HomeService License #01108863

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,219

Year Built

  • Built in 1972

Lot Details

  • 10,454 Sq Ft Lot
  • On Golf Course
  • Cul-De-Sac

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Lake
  • Panoramic
  • City Lights
  • Golf Course
  • Woods

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,134 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Two Story Ceilings
  • Recessed Lighting
  • French Doors
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 7519
  • Assessor Parcel Number 44217115

Community Details

Overview

  • Built by Deane
  • Versailles

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,219

Year Built

Built in 1972

Lot Details

0

HOA Fees

$485 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Big Canyon Deane (BCDN)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 44217115
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4134.00
  • Interior Amenities: Built-in Features, High Ceilings, Recessed Lighting, Stone Counters, Two Story Ceilings
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 592.65
  • Room Type: Formal Entry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Office
  • Spa Features: Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: City Lights, Golf Course, Lake, Panoramic, Trees/Woods
  • Builder Name: Deane
  • Patio And Porch Features: Brick
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Guard
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, On Golf Course
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Units In Community: 225
  • Number Of Units Total: 225

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 7519

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Nov 25, 2014
Sold by
Kramer Gary L
Bought by
The Emamian Family Trust
Seller's Agent
Natalie Raney
Cypress Cove Real Estate
Buyer's Agent
Danube Marandi
Berkshire Hathaway HomeService
List Price
$3,250,000
Sold Price
$2,450,000
Premium/Discount to List
-$800,000
-24.62%
Current Estimated Value
$5,239,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,789,895
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Margolin Charles B and Margolin Charles Bernard
Bought by
Margolin Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2006
Sold by
Margolin Charles B and Margolin Feryne E
Bought by
Margolin Charles Bernard and Margolin Feryne Eileen

Purchase Details

Closed on
Jan 19, 2006
Sold by
Vangalder Valerie and Finger Marci
Bought by
Margolin Charles B and Margolin Feryne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2005
Sold by
Margolin Charles B
Bought by
Vangalder Valerie and Finger Marci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2004
Sold by
Margolin Charles B and Margolin Feryne E
Bought by
Margolin Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2004
Sold by
Margolin Charles B
Bought by
Margolin Charles B and Margolin Feryne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2002
Sold by
Margolin Charles B and Margolin Feryne E
Bought by
Margolin Charles B and Margolin Feryne E

Purchase Details

Closed on
Dec 29, 2000
Sold by
Vangalder Valerie and Finger Marci
Bought by
Margolin Charles B

Purchase Details

Closed on
Aug 29, 2000
Sold by
Charles Margolin
Bought by
Vanvangalder Valerie Van and Finger Marci

Purchase Details

Closed on
Jul 29, 1999
Sold by
Feryne Margolin
Bought by
Margolin Charles B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
2.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 7, 1998
Sold by
Driver Roberta R Revocable Trust and Linda
Bought by
Margolin Charles B and Margolin Feryne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.87%

Purchase Details

Closed on
Dec 30, 1993
Sold by
Driver Roberta R
Bought by
Driver Roberta R and The Roberta Driver Revocable Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Emamian Family Trust $2,450,000 Ticor Title
Margolin Charles B -- Advantage Title Inc
Margolin Charles Bernard -- None Available
Margolin Charles B -- None Available
Vangalder Valerie -- --
Margolin Charles B -- First American Title Company
Margolin Charles B -- First American Title Company
Margolin Charles B -- --
Margolin Charles B -- --
Vanvangalder Valerie Van -- --
Margolin Charles B -- --
Margolin Charles B -- --
Margolin Charles B $1,000,000 Guardian Title Company
Driver Roberta R $90,909 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Margolin Charles B $1,000,000
Previous Owner Margolin Charles B $1,020,000
Previous Owner Margolin Charles B $0
Previous Owner Margolin Charles B $250,000
Previous Owner Margolin Charles B $1,005,000
Previous Owner Margolin Charles B $1,000,001
Previous Owner Margolin Charles A $950,000
Previous Owner Margolin Charles B $800,000
Closed Margolin Charles B $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2014 12/01/14 Sold $2,450,000 -16.9% $593 / Sq Ft
11/02/2014 11/02/14 Pending -- -- --
08/08/2014 08/08/14 Price Changed $2,950,000 -9.2% $714 / Sq Ft
07/07/2014 07/07/14 For Sale $3,250,000 -- $786 / 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
2024 $29,219 $2,739,507 $2,292,209 $447,298
2023 $28,535 $2,685,792 $2,247,264 $438,528
2022 $28,063 $2,633,130 $2,203,200 $429,930
2021 $27,525 $2,581,500 $2,160,000 $421,500
2020 $27,540 $2,581,500 $2,160,000 $421,500
2019 $28,111 $2,639,608 $2,169,001 $470,607
2018 $27,550 $2,587,851 $2,126,471 $461,380
2017 $27,063 $2,537,109 $2,084,775 $452,334
2016 $26,454 $2,487,362 $2,043,897 $443,465
2015 $26,205 $2,450,000 $2,013,196 $436,804
2014 $13,706 $1,278,874 $921,408 $357,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP14142179

California Regional Multiple Listing Service (CRMLS)

APN: 442-171-15