NOT LISTED FOR SALE

Estimated Value: $7,798,000 - $9,750,000

0.45 Acre
$19,635,955 Price per Acre
19,404 Sq Ft Lot

Sale Details

Date Sold: April 6, 2012

Last sale price $3,517,500

Est. 148% increase in value since last sale

Current estimated payment $56,810 / mo

6 Days on Market

About This Lot

As of April 2012

Privately-situated at the end of a quiet cul-de-sac & only a stone's throw from the amenities-rich Reef Point Park, this 19,109 square foot parcel presents an extraordinary building opportunity. Measuring 103 linear feet at the front and rear of the lot, the building envelope is uniquely rectangular, allowing for flexibility in design for a number of different architectural styles. Even more, the lot offers a relatively flat grade, which translates into fewer level changes and stairs within the future residence and more prominent presence from the street. Showcasing a sensational Northwest orientation, the view corridor encompasses panoramic vistas of the Ocean, Coastline, Harbor Landscape, Palos Verdes, and beyond. Rare for Crystal Cove, this property falls within the Newport Mesa Unified School District.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 03/16/2012

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Marcy Weinstein

Compass License #01094198

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 19,404 Sq Ft Lot
  • Property is zoned R1

Property Views

  • Ocean
  • Marina
  • Coastline
  • Bay
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 16456
  • Assessor Parcel Number 47726143

Property Details

Property Type

Land

Lot Details

0.45 Acres

Listing Details

  • Assessments: Yes
  • Subdivision Name Other: Custom
  • Survey: Buyer Pays
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 47726143
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 181.28

Exterior Features

  • View: Bay, Catalina, City Lights, Coastline, Harbor, Marina, Ocean, Panoramic, Water

Utilities

  • Utilities: Electricity Available
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Geological: No
  • Lot Size Sq Ft: 19404.00
  • Lot Size Acres: 0.4450

Multi Family

  • Lot Size Area: 19404.0000 Square Feet

Tax Info

  • Tax Area: 07135
  • Tax Lot: 2
  • Tax Tract Number: 16456

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2016
Sold by
Vanlingen Paul A and Vanlingen Van Lingen
Bought by
Current Estimated Value
$8,738,000

Purchase Details

Listed on
Mar 16, 2012
Closed on
Feb 23, 2012
Sold by
Tran Michael T and Tran Jing Chen
Bought by
Vanlingen Paul Adriaan and Schvartzer Magali Adela
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Marcy Weinstein
Compass
List Price
$3,699,000
Sold Price
$3,517,500
Premium/Discount to List
-$181,500
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%

Purchase Details

Closed on
Jul 10, 2008
Sold by
Irvine Community Development Co Llc
Bought by
Tran Michael T and Tran Jing Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Crystal Cove, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Lingen Paul A -- None Available
Magali A Van Lingen Residence Trust -- None Available
Vanlingen Paul Adriaan -- Lawyers Title
Tran Michael T -- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $3,517,500 -4.9% --
03/22/2012 03/22/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $3,699,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $103,178 $9,527,891 $4,792,101 $4,735,790
2025 $102,050 $9,341,070 $4,698,138 $4,642,932
2024 $102,050 $9,157,912 $4,606,017 $4,551,895
2023 $99,857 $8,978,346 $4,515,703 $4,462,643
2022 $97,964 $8,802,300 $4,427,159 $4,375,141
2021 $96,237 $8,629,706 $4,340,352 $4,289,354
2020 $95,311 $8,541,219 $4,295,847 $4,245,372
2019 $94,172 $8,373,745 $4,211,615 $4,162,130
2018 $92,331 $8,209,554 $4,129,034 $4,080,520
2017 $91,796 $8,048,583 $4,048,073 $4,000,510
2016 $89,111 $7,890,768 $3,968,699 $3,922,069
2015 $80,350 $7,003,690 $3,909,086 $3,094,604
2014 $56,924 $4,859,196 $3,432,513 $1,426,683
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S691520

California Regional Multiple Listing Service (CRMLS)

APN: 477-261-43

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