NOT LISTED FOR SALE

Estimated Value: $8,783,000 - $9,321,000

4 Beds
4.5 Baths
4,800 Sq Ft
$1,890/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $4,520,000 $942 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $53,178/month

153 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Private Pool
  • Updated Kitchen

About This Home

As of November 2019

Ideally situated on a tranquil, oversized lot behind the gates of Pelican Ridge Estates, 3 Telescope offers picturesque views of the ocean, harbor, and Catalina Island. Commanding an impressive curb appeal as you first approach the grounds, guests are then greeted by a two-story rotunda that creates a level of grandeur and elegance on par with the world class resort just down the road. This custom estate offers 4,800 square feet (approx.) of transitional living space accompanied by 4 bedrooms and 4.5 bathrooms. The bespoke residence is adorned with imported limestone floors throughout, solid stone fireplace mantles, upgraded designer master bath w/ heated floors, large master walk-in closet, and is highlighted by two ocean view balconies so one can take in the incredible ocean view vistas. Complemented by an open floor plan that creates seamless transitions between the chefs kitchen, oversized family room, and elegant formal dining spaces. A resort style backyard, complete with pool, bbq and outdoor dining, provide one the ability to host large scale events or intimate gatherings with ease. Immediate proximity to world class shopping, schools, and beaches complete this dream home.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 03/26/2019

Co-Listed By

Michael Balliet

Luxe Real Estate License #02021742

Last Buyer's Agent

Heather Hosto

Pacific Sotheby's Int'l Realty License #01335400

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,438

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Landscaped

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights

Interior Spaces

  • 4,800 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Fire Pit
  • Exterior Lighting

Utilities

  • Central Air
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705153

Community Details

Overview

  • Pelican Ridge Association, Phone Number (949) 448-6181
  • First Service Residential HOA
  • Pelican Ridge Estates Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,438

Year Built

Built in 1994 | Remodeled

Lot Details

0

HOA Fees

$698 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705153
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4800.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 941.67
  • Room Type: Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private
  • Window Features: Skylight(s)
  • Bathroom Features: Shower, Double Sinks In Master Bath, Granite Counters, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Refrigerator
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground, Tennis Court(s), Clubhouse
  • Association Fee: 698.00
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge
  • Phone: 9494486181
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11200.00
  • Lot Size Acres: 0.2571

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 46
  • Tax Tract Number: 14037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Jadali Matthew M
Bought by
Jadali Matthew M and The Dean Family Trust
Current Estimated Value
$9,074,228

Purchase Details

Listed on
Mar 26, 2019
Closed on
Oct 2, 2019
Sold by
Huang Fengsen
Bought by
Jadali Matthew M
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Heather Hosto
Pacific Sotheby's Int'l Realty
List Price
$4,995,000
Sold Price
$4,520,000
Premium/Discount to List
-$475,000
-9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%
Original Mortgage
$2,000,000
Outstanding Balance
$1,731,834
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$7,342,394

Purchase Details

Closed on
Jan 26, 2009
Sold by
Zhu Jialin
Bought by
Huang Fengsen

Purchase Details

Closed on
Jan 23, 2009
Sold by
Hladek Matthew P and Hladek Janet L
Bought by
Huang Fengsen

Purchase Details

Closed on
Feb 10, 2006
Sold by
Rosenblatt Sidney and Rosenblatt Sandra Sue
Bought by
Hladek Matthew P and Hladek Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
7%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 7, 2003
Sold by
Rosenblatt Sandra Sue
Bought by
Rosenblatt Sidney and Rosenblatt Sandra Sue

Purchase Details

Closed on
Sep 9, 2002
Sold by
Rosenblatt Sidney and Rosenblatt Sandra Sue
Bought by
Rosenblatt Sidney and Rosenblatt Sandra Sue

Purchase Details

Closed on
Nov 27, 2001
Sold by
Rosenblatt Sandra Sue
Bought by
Rosenblatt Sidney and Rosenblatt Sandra Sue

Purchase Details

Closed on
May 18, 1994
Sold by
Rosenblatt Sidney and Rosenblatt Sandra S
Bought by
Rosenblatt Sidney and Rosenblatt Sandra Sue

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
8.52%
Source: Public Records

Range of Values:

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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
Jadali Matthew M -- None Available
Jadali Matthew M $4,520,000 None Available
Huang Fengsen -- Lawyers Title
Huang Fengsen -- Lawyers Title
Hladek Matthew P $3,500,000 Chicago Title Co
Rosenblatt Sidney -- --
Rosenblatt Sidney -- --
Rosenblatt Sidney -- Fidelity National Title Co
Rosenblatt Sidney -- Fidelity National Title Co
Rosenblatt Sidney -- --
Rosenblatt Sidney -- --
Rosenblatt Sidney -- --
Rosenblatt Sidney -- --
Rosenblatt Sidney -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jadali Matthew M $2,000,000
Previous Owner Hladek Matthew P $2,100,000
Previous Owner Rosenblatt Sidney $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2019 11/06/19 Sold $4,520,000 -5.5% $942 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
06/12/2019 06/12/19 Price Changed $4,785,000 -4.2% $997 / Sq Ft
03/26/2019 03/26/19 For Sale $4,995,000 -- $1,041 / 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 $52,438 $4,943,279 $3,823,349 $1,119,930
2024 $52,438 $4,846,352 $3,748,381 $1,097,971
2023 $51,221 $4,751,326 $3,674,883 $1,076,443
2022 $50,371 $4,658,163 $3,602,826 $1,055,337
2021 $48,937 $4,566,827 $3,532,182 $1,034,645
2020 $49,035 $4,520,000 $3,495,964 $1,024,036
2019 $50,248 $4,617,636 $3,478,673 $1,138,963
2018 $49,252 $4,527,095 $3,410,464 $1,116,631
2017 $47,013 $4,220,000 $3,220,000 $1,000,000
2016 $43,761 $3,728,000 $2,728,000 $1,000,000
2015 $44,039 $3,728,000 $2,728,000 $1,000,000
2014 $41,452 $3,510,000 $2,510,000 $1,000,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19066209

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-53