NOT LISTED FOR SALE

Estimated Value: $7,226,000 - $9,310,000

5 Beds
5 Baths
3,880 Sq Ft
$2,126/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $4,980,000 $1,284 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $49,913/month

Highlights

  • Ocean View
  • Clubhouse
  • 3 Car Attached Garage
  • El Morro Elementary School Rated A+
  • Community Pool
  • Walk-In Closet

About This Home

As of September 2020

Amazing ocean view location in Crystal Cove! This astonishing villa has a panoramic endless ocean views from your backyard overlooking at Catalina island, Newport Harbor and on a clear day you can see all the way to Long Beach and Rancho Palols Verdes. Amazing views!!!
This floor plan offers five bedrooms and five full baths, the downstairs 5th room is currently being utilized as an office and is designed by the builder to easily expand to a larger guest room by deleting/merging the 3rd garage. The interior is in excellent condition. Kitchen is upgraded with 6-burner stove, fine granite counter-tops and a built-in refrigerator. The guest bedroom and master bedroom is conveniently located downstairs with upgraded bathroom and an ocean view from master bedroom. There are 3 additional rooms upstairs all en-suite and a spacious loft being used as an entertainment room. Backyard has great entertaining space with an outdoor gas fireplace and a built-in outdoor kitchen.
Crystal Cove is an exclusive and prestigious 24-hr guard gated-community of Newport Coast. This community is conveniently located near the Crystal Cove Shopping Center, beaches, State Park & Pelican Hill Golf Course. Residents of Crystal Cove have the exclusive use of the Canyon Club, a luxurious recreation complex within the neighborhood, which includes a swimming pool, spa, fitness room, clubhouse and tennis courts. There are too many amenities to list about this property. Come experience the lifestyle!

Last Agent to Sell the Property

Mert Malki

ARI Financial Inc License #01741438 Listed on: 08/25/2020

Last Buyer's Agent

Michael Fawaz

Compass License #01342829

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,382

Year Built

  • Built in 2004

Lot Details

  • 6,407 Sq Ft Lot
  • Back Yard

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Interior Spaces

  • 3,880 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 16424
  • Assessor Parcel Number 48909124

Community Details

Overview

  • Crystal Cove Association, Phone Number (949) 833-2600
  • Nautilus Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,382

Year Built

Built in 2004

Lot Details

0

HOA Fees

$615 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 9498879449
  • Property Attached: No
  • Subdivision Name Other: Nautilus (CCNA)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48909124
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3880.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1283.51
  • Room Type: Walk-In Closet

Exterior Features

  • View: Catalina, City Lights, Ocean, Panoramic
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 615.00
  • Association Fee Frequency: Monthly
  • Association Name: Crystal Cove
  • Phone: 949-833-2600
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: Crystal Cove

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6407.00
  • Lot Size Acres: 0.1471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6407.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 5
  • Tax Tract Number: 16424

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 2, 2020
Sold by
Xiao Xiangyu and Tang Junying
Bought by
Milani Arash
Seller's Agent
Mert Malki
ARI Financial Inc
Buyer's Agent
Michael Fawaz
Compass
List Price
$4,980,000
Sold Price
$4,980,000
Current Estimated Value
$8,249,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,269,118
Avg. Annual Appreciation
10.77%
Original Mortgage
$3,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
Sulahian Dikran and Sulahian Peggy
Bought by
Xiao Xiangyu and Tang Junying

Purchase Details

Closed on
May 9, 2012
Sold by
Sulahian Kohar Kim
Bought by
Sulahian Dikran and Sulahian Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$989,200
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2010
Sold by
Sulahian Krikor
Bought by
Sulahian Kohar Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
Le Daniel T and Pham Lan N
Bought by
Sulahian Dikran and Sulahian Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,590,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2005
Sold by
Le Daniel T
Bought by
Le Daniel T and Pham Lan N

Purchase Details

Closed on
Dec 7, 2004
Sold by
Pham Lan N
Bought by
Le Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Wl Homes Llc
Bought by
Le Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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
Milani Arash $4,980,000 Lawyers Title Company
Xiao Xiangyu $4,388,000 Chicago Title Company
Sulahian Dikran -- Accommodation
Sulahian Kohar Kim -- Lsi
Sulahian Dikran -- Lsi
Sulahian Dikran -- Stewart Title Irvine
Le Daniel T -- --
Le Daniel T -- Fidelity National Title Co
Le Daniel T $2,342,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milani Arash $2,975,000
Closed Milani Arash $3,000,000
Previous Owner Sulahian Dikran $1,000,000
Previous Owner Sulahian Dikran $943,000
Previous Owner Sulahian Dikran $989,200
Previous Owner Sulahian Dikran $1,000,000
Previous Owner Sulahian Dikran $2,590,000
Previous Owner Le Daniel T $1,000,000
Closed Le Daniel T $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $4,980,000 0.0% $1,284 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $4,980,000 +13.2% $1,284 / Sq Ft
08/17/2016 08/17/16 Sold $4,400,000 +0.3% $1,134 / Sq Ft
06/09/2016 06/09/16 For Sale $4,388,800 0.0% $1,131 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $4,388,800 -- $1,131 / 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 $56,382 $5,390,511 $4,315,809 $1,074,702
2024 $56,382 $5,284,815 $4,231,185 $1,053,630
2023 $55,172 $5,181,192 $4,148,221 $1,032,971
2022 $54,140 $5,079,600 $4,066,883 $1,012,717
2021 $52,983 $4,980,000 $3,987,140 $992,860
2020 $49,810 $4,669,315 $3,800,789 $868,526
2019 $48,951 $4,577,760 $3,726,263 $851,497
2018 $48,015 $4,488,000 $3,653,199 $834,801
2017 $47,222 $4,400,000 $3,581,567 $818,433
2016 $45,199 $4,187,563 $3,179,088 $1,008,475
2015 $44,557 $4,124,662 $3,131,335 $993,327
2014 $40,639 $3,747,000 $2,855,940 $891,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20174648

California Regional Multiple Listing Service (CRMLS)

APN: 489-091-24