NOT LISTED FOR SALE

Estimated Value: $9,654,000 - $11,507,191

0.67 Acre
$15,700,543 Price per Acre
29,355 Sq Ft Lot

Last Sold May 24, 2021

Last sale price $7,000,000

Est. 51% increase in value since last sale

Current estimated payment $62,981/month

220 Days on Market

Highlights

  • Ocean View
  • Hiking Trails
  • Park
  • El Morro Elementary School Rated A+

About This Lot

As of May 2021

Premium Lot about 29,355 Sqft Located inside the private 2nd Gated of Newport Coasts coastal community of Crystal Cove. ( Lot 10B ). The One and only potential land for your Dream Home proved by the Newport city for total building 21,822 Sqft ( conditioned area Plus Unconditioned area ). This Luxury Life Style Estate owns Astonishing Ocean View with Catalina Island standing over the sea! Enjoy the peaceful and natural setting that Crystal Cove offers with access to Crystal Cove hiking trails, campgrounds, and State Beach. 6 Star Resort-style amenities with pools/spas, fitness centers, sports courts and 24-hour guard-gated security with Patrol service. All included close luxurious shopping and dining experiences at Crystal Cove Promenade and a short drive to Newport Beach’s world-famous Fashion Island, Balboa Peninsula, Laguna Beach, and South Coast Plaza

Last Agent to Sell the Property

Jeff Jen

Real Broker License #01396728 Listed on: 07/06/2020

Real Broker

Last Buyer's Agent

Sam Ali

ASH REALTY License #01225312

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $85,266

Lot Details

  • 0.67 Acre Lot
  • Density is 2-5 Units/Acre

Property Views

  • Ocean
  • Catalina
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 16457
  • Assessor Parcel Number 48918125

Community Details

Overview

  • Property has a Home Owners Association
  • Crystal Cove Estate Collection Subdivision

Recreation

  • Park
  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$85,266

Lot Details

0

Listing Details

  • Subdivision Name Other: Crystal Cove Estate Collection (CCEC)
  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 48918125
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 238.46

Exterior Features

  • View: Catalina, Mountain(s), Ocean

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Hiking, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 29355.00
  • Lot Size Acres: 0.6739

Multi Family

  • Lot Size Area: 29355.0000 Square Feet

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 10
  • Tax Tract Number: 16457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Crystal Cove Community Association
Bought by
Ap Capital Group Inc
Current Estimated Value
$10,580,596

Purchase Details

Closed on
Mar 22, 2021
Sold by
Liu Xin Yi and Liu Yan Ming
Bought by
Ap Capital Group Inc

Purchase Details

Closed on
May 3, 2017
Sold by
Irvine Community Development Company Llc
Bought by
Liu Xin Yi and Liu Yan Ming
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
Ap Capital Group Inc -- --
Ap Capital Group Inc $7,000,000 Fidelity Natl Ttl Orange Cnt
Liu Xin Yi $5,800,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $7,000,000 -3.4% --
03/04/2021 03/04/21 Price Changed $7,250,000 -19.4% --
02/11/2021 02/11/21 Pending -- -- --
07/28/2020 07/28/20 Price Changed $9,000,000 +28.6% --
07/28/2020 07/28/20 Price Changed $7,000,000 -22.2% --
07/06/2020 07/06/20 For Sale $9,000,000 -- --
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 $85,266 $11,927,754 $7,727,025 $4,200,729
2024 $85,266 $7,428,456 $7,428,456 --
2023 $82,624 $7,282,800 $7,282,800 $0
2022 $81,138 $7,140,000 $7,140,000 $0
2021 $71,442 $6,218,771 $6,218,771 $0
2020 $70,842 $6,155,006 $6,155,006 $0
2019 $69,732 $6,034,320 $6,034,320 $0
2018 $68,530 $5,916,000 $5,916,000 $0
2017 $8,251 $138,600 $138,600 $0
2016 $8,261 $135,883 $135,883 $0
2015 $8,144 $133,842 $133,842 $0
2014 $7,873 $131,221 $131,221 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20131674

California Regional Multiple Listing Service (CRMLS)

APN: 489-181-25