NOT LISTED FOR SALE

Estimated Value: $6,344,000 - $7,042,000

4 Beds
4.5 Baths
3,923 Sq Ft
$1,714/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $3,100,000 $790 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $39,586/month

36 Days on Market

Highlights

  • 24-Hour Security
  • Heated Infinity Pool
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Newly Remodeled
  • Gated Parking

About This Home

As of May 2019

Located in the prestigious, guard-gated community of Ocean Heights in Newport Coast, this exquisite Perazul home makes a lasting impression upon entry. Offering a seamless transition between indoor and outdoor spaces through 13 sets of French doors, the newly refreshed home is filled with natural light and beckons year-round alfresco living. Bright and vibrant, the home’s open-concept floor plan centers around a gorgeous courtyard and features a main floor bedroom suite, formal and informal living spaces, and gourmet chef’s kitchen. The second level is comprised of three generous bedroom suites, including a spacious master suite with separate sitting room. Interior finishes include Travertine floors, crown moldings, coffered ceilings, and more. Outdoors, enjoy rich foliage, private spa, and built-in BBQ, along with ample patio space for relaxation and entertainment. Additional highlights: peek ocean views from two upstairs bedrooms, pastoral hillside views from the large master balcony, surround-sound system in family room, built-in speakers throughout the main level and master suite, 3-camera video surveillance system, and a 3-car garage. Residents of Ocean Heights enjoy close proximity to hiking and biking trails, world-class shopping and dining, John Wayne International Airport and the Newport Coast Community Center with swim, tennis and playground facilities.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 03/20/2019

Pacific Sotheby's Int'l Realty

Co-Listed By

Heather Hosto

Pacific Sotheby's Int'l Realty License #01335400

Last Buyer's Agent

Sonaz Hamidian

Realty One Group West License #01945077

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,178

Year Built

  • Built in 2000 | Newly Remodeled

Lot Details

  • 9,988 Sq Ft Lot
  • Property fronts a private road
  • West Facing Home
  • Fenced
  • Stucco Fence
  • Drip System Landscaping
  • Level Lot
  • Sprinklers Throughout Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Combination Of Materials Used In The Driveway
  • Gated Parking

Property Views

  • Woods
  • Peek-A-Boo
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Tile Roof
  • Fiberglass Siding
  • Stone Siding
  • Pre-Cast Concrete Construction
  • Masonite
  • Plaster
  • Stucco

Interior Spaces

  • 3,923 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Tinted Windows
  • Window Screens
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Den
  • Loft
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Ceramic Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors swing in
  • More Than Two Accessible Exits
  • Low Pile Carpeting
  • Accessible Parking

Pool

  • Heated Infinity Pool
  • Filtered Pool
  • Heated Lap Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Saltwater Pool
  • Gunite Spa
  • Fence Around Pool
  • Pool Tile
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Ducts Professionally Air-Sealed
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts For Spa
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Hot Water Circulator
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 55
  • Tax Tract Number 15079
  • Assessor Parcel Number 47813103

Community Details

Overview

  • Master Insurance
  • Newport Coast Community Association, Phone Number (800) 428-5588
  • Ocean Heights Maintenance Association, Phone Number (800) 428-5588
  • Foothills

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,178

Year Built

Built in 2000 | Newly Remodeled

Lot Details

0

HOA Fees

$693 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Gated with Guard, Guarded, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Perazul (PERZ)
  • View: Yes
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47813103
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3923.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceramic Counters, Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Unfurnished, Wired for Data, Wired for Sound
  • Entry Location: Courtyard
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Doors - Swing In, Low Pile Carpeting, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Gas, Gas Starter, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 790.21
  • Room Type: Den, Entry, Foyer, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Retreat, Separate Family Room, Walk-In Closet
  • Spa Features: Private, Gunite, Heated, In Ground, Permits
  • Window Features: Double Pane Windows, Screens, Tinted Windows
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Pots & Pan Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Barbecue Private, Lighting, Rain Gutters
  • View: Neighborhood, Park/Greenbelt, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered, Deck, Stone
  • Pool Features: Association, Community, Exercise Pool, Fenced, Filtered, Gunite, Heated, Electric Heat, In Ground, Lap, Infinity, Permits, Salt Water, Tile
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Ducts Professionally Air-Sealed, Fiberglass Siding, Frame, Glass, Masonite, Plaster, Stone, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Driveway, Driveway - Combination, Garage, Garage Faces Front, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: 220 Volts For Spa, 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Zoned, Electric, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Ocean Heights Maintenance Association
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Clubhouse, Recreation Room, Meeting Room, Cable TV, Electricity, Gas, Insurance
  • Association Fee: 418.00
  • Association #2 Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Coast Community Association
  • Phone: 800.428.5588
  • Association Phone #2: 800.428.5588
  • Senior Community: No
  • Community Features: Foothills, Storm Drains, Street Lights

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 9988.00
  • Lot Size Acres: 0.2293

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9988.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 55
  • Tax Tract Number: 15079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Izadi Kermanshahi Family Trust
Bought by
Izadi Kermanshahi Family Trust and Izadi
Current Estimated Value
$6,725,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2022
Sold by
Izadi Reza D and Kermanshah Parisa
Bought by
Izadi Kermanshahi Family Trust and Izadi

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 7, 2019
Sold by
Umetsu Wayne T and Umetsu Fmtr N F
Bought by
Izadi Reza D and Kermanshahi Monfared Parisa
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Sonaz Hamidian
Realty One Group West
List Price
$3,495,000
Sold Price
$3,100,000
Premium/Discount to List
-$395,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$2,325,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2000
Sold by
Taylor Woodrow Homes Inc
Bought by
Umetsu Wayne T and Umetsu Loretta N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Izadi Kermanshahi Family Trust -- Western Resources Title
Izadi Kermanshahi Family Trust -- None Listed On Document
Izadi Reza D $3,100,000 Lawyers Title Company
Umetsu Wayne T -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Izadi Kermanshahi Family Trust $500,000
Previous Owner Izadi Reza D $2,325,000
Previous Owner Umetsu Wayne T $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $3,100,000 -5.7% $790 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $3,288,000 -5.9% $838 / Sq Ft
03/20/2019 03/20/19 For Sale $3,495,000 -- $891 / 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 $37,178 $3,505,506 $2,274,277 $1,231,229
2024 $37,178 $3,436,771 $2,229,683 $1,207,088
2023 $35,842 $3,317,054 $2,185,963 $1,131,091
2022 $35,316 $3,258,653 $2,143,101 $1,115,552
2021 $34,077 $3,194,758 $2,101,079 $1,093,679
2020 $34,415 $3,162,000 $2,079,535 $1,082,465
2019 $17,753 $1,608,580 $668,815 $939,765
2018 $17,407 $1,577,040 $655,701 $921,339
2017 $17,951 $1,546,118 $642,844 $903,274
2016 $19,514 $1,515,802 $630,239 $885,563
2015 $19,415 $1,493,034 $620,772 $872,262
2014 $18,986 $1,463,788 $608,612 $855,176
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19062040

California Regional Multiple Listing Service (CRMLS)

APN: 478-131-03