NOT LISTED FOR SALE

Estimated Value: $7,667,000 - $19,311,798

7 Beds
7.5 Baths
8,998 Sq Ft
$1,499/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $17,300,000 $1,923 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $86,748/month

Highlights

  • Ocean View
  • Fitness Center
  • 24-Hour Security
  • Newport Coast Elementary School Rated A
  • Wine Cellar
  • Heated In Ground Pool

About This Home

As of April 2024

Sold before processing. Inputted for comp purposes.

Last Listed By

Hanna Karcho-Polselli

Luxury Fine Homes, Inc. License #01982040 Listed on: 04/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $124,893

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Fence is in good condition
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Density is up to 1 Unit/Acre

HOA Fees

  • $835 Monthly HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway Down Slope From Street
  • Automatic Gate

Property Views

  • Ocean
  • Golf Course

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Tile Roof

Interior Spaces

  • 8,998 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Free Standing Fireplace
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Wood Frame Window
  • Window Screens
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Home Gym
  • Finished Basement
  • Sump Pump

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Stone Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Smart Home
  • Closed Circuit Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Garage
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 14249
  • Assessor Parcel Number 47307129
  • $1,656 per year additional tax assessments

Community Details

Overview

  • Pelican Hill Association, Phone Number (855) 333-5149
  • First Service HOA
  • Pelican Hill Subdivision

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$124,893

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$835 per month

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 248-568-3077
  • Other Phone Description: Remo E.Polselli
  • Other Phone Number: 310-617-8258
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Privately Maintained
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Pelican Hill (NCPH)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47307129
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8998.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Crown Molding, Elevator, Furnished, Granite Counters, High Ceilings, Home Automation System, In-Law Floorplan, Living Room Balcony, Open Floorplan, Pantry, Stone Counters, Sump Pump, Two Story Ceilings, Vacuum Central
  • Stories: 3
  • Entry Location: street level
  • Common Walls: 1 Common Wall
  • Flooring: Stone, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Accessible Elevator Installed, Parking
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Eating Area: Family Kitchen, In Family Room, Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Bedroom, Outside, Gas, Free Standing, Great Room, Raised Hearth
  • Levels: Three Or More
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1922.65
  • Room Type: Basement, Bonus Room, Exercise Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Primary Bedroom, Primary Bathroom, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Spa Features: Private, Association, Community, Heated, In Ground
  • Window Features: Double Pane Windows, Screens, Wood Frames
  • Bathroom Features: Bathtub, Bidet, Shower, Closet In Bathroom, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Stone Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • View: Golf Course, Ocean
  • Fence: Yes
  • Fencing: Good Condition, Wrought Iron
  • Patio And Porch Features: Concrete, Covered, Stone
  • Pool Features: Association, Heated, In Ground, Salt Water, Waterfall
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Down Slope From Street, Garage, Garage Faces Side, Garage - Single Door, Subterranean
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Oven, Electric Water Heater, Freezer, Disposal, Gas & Electric Range, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air, Natural Gas, Zoned
  • Laundry Features: Dryer Included, In Closet, Individual Room, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Picnic Area, Tennis Court(s), Gym/Ex Room, Clubhouse, Call for Rules, Guard, Controlled Access
  • Association Fee: 835.00
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Hill
  • Phone: 855-333-5149
  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: First Service

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Gentle Sloping, Lot 20000-39999 Sqft, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 20221.00
  • Lot Size Acres: 0.4642

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 20221.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 14249
  • TaxOtherAnnualAssessmentAmount: 1656.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Apr 10, 2024
Sold by
Dana View Properties Llc
Bought by
Fallas Laura R Varela
Seller's Agent
Hanna Karcho-Polselli
Luxury Fine Homes, Inc.
Buyer's Agent
Hailey Potok
Douglas Elliman of California
List Price
$17,300,000
Sold Price
$17,300,000
Total Days on Market
0
Views
6
Current Estimated Value
$13,489,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,810,601
Avg. Annual Appreciation
-20.24%

Purchase Details

Closed on
Oct 19, 2022
Sold by
Join-Cheer Llc
Bought by
Dana View Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,900,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2015
Closed on
Apr 7, 2015
Sold by
Perlman Lee B and Perlman Myra C
Bought by
Join Cheer Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Mei Zhou
Pacific Sterling Realty
List Price
$8,995,000
Sold Price
$8,625,000
Premium/Discount to List
-$370,000
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Jul 21, 2011
Sold by
California Development Enterprises Llc
Bought by
Perlman Lee B and Perlman Myra C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,640,975
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2010
Sold by
Karabayev Askar and Askar Amina
Bought by
California Development Enterprises Llc

Purchase Details

Closed on
May 5, 2010
Sold by
California Development Enterprises Llc
Bought by
Karabayev Askar and Askar Amina

Purchase Details

Closed on
Apr 14, 2009
Sold by
Karabayev Askar and Askar Amina
Bought by
California Development Enterprises Llc

Purchase Details

Closed on
Jul 24, 2007
Sold by
Ibar Development Llc
Bought by
Karabayev Askar and Askar Amina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,836,000
Interest Rate
6.41%
Mortgage Type
Construction

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
Fallas Laura R Varela $17,300,000 First American Title
Dana View Properties Llc $11,400,000 Lawyers Title
Join Cheer Llc $8,625,000 Lawyers Title
Perlman Lee B $5,602,000 Commerce Title
California Development Enterprises Llc -- None Available
Karabayev Askar -- Accommodation
California Development Enterprises Llc -- None Available
Karabayev Askar -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dana View Properties Llc $6,900,000
Previous Owner Perlman Lee B $3,667,200
Previous Owner Perlman Lee B $3,640,975
Previous Owner Ibar Development Llc $3,836,000
Previous Owner Ibar Development Llc $578,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $17,300,000 0.0% $1,923 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $17,300,000 +51.8% $1,923 / Sq Ft
09/07/2023 09/07/23 Sold $11,400,000 -23.9% $1,267 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $14,980,000 +31.4% $1,665 / Sq Ft
06/08/2023 06/08/23 Off Market $11,400,000 -- --
03/12/2023 03/12/23 For Sale $14,980,000 +31.4% $1,665 / Sq Ft
03/07/2023 03/07/23 Off Market $11,400,000 -- --
03/07/2023 03/07/23 For Sale $14,980,000 +31.4% $1,665 / Sq Ft
03/06/2023 03/06/23 Off Market $11,400,000 -- --
09/07/2022 09/07/22 Price Changed $14,980,000 -10.8% $1,665 / Sq Ft
08/02/2022 08/02/22 For Sale $16,800,000 +94.8% $1,867 / Sq Ft
04/29/2015 04/29/15 Sold $8,625,000 -12.8% $959 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/18/2015 03/18/15 Price Changed $9,889,000 +9.9% $1,099 / Sq Ft
02/24/2015 02/24/15 For Sale $8,995,000 -- $1,000 / 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 $124,893 $11,628,000 $7,401,160 $4,226,840
2023 $106,684 $9,963,434 $6,352,556 $3,610,878
2022 $104,925 $9,768,073 $6,227,996 $3,540,077
2021 $102,414 $9,576,543 $6,105,879 $3,470,664
2020 $102,028 $9,478,348 $6,043,271 $3,435,077
2019 $100,082 $9,292,499 $5,924,776 $3,367,723
2018 $98,087 $9,110,294 $5,808,604 $3,301,690
2017 $97,376 $8,931,661 $5,694,710 $3,236,951
2016 $97,577 $8,756,531 $5,583,049 $3,173,482
2015 $66,760 $5,854,404 $2,808,754 $3,045,650
2014 $65,143 $5,739,725 $2,753,735 $2,985,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23207349

California Regional Multiple Listing Service (CRMLS)

APN: 473-071-29