NOT LISTED FOR SALE

Estimated Value: $5,879,000 - $7,425,000

5 Beds
5 Baths
5,000 Sq Ft
$1,312/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $4,000,000 $800 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $36,544/month

Highlights

  • 24-Hour Security
  • Home Theater
  • Panoramic View
  • Newport Coast Elementary School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of October 2013

Elegance and luxury in this resort-style estate home located in a prestigious 24 hour guard-gated community. Beautiful sunset, panoramic mountains, canyons, twinkling city lights. It offers oversized corner lot with private artistic gate, long driveway and motor court, professional landscapes, courtyard with beautiful fountain. 4 bedrooms, 3 full baths and 2 half baths plus spacious office/library. Newer built wine cellar, 2000 bottles capacity, World class 12 seats theatre w/127" Stewart screen, Runco projector that recesses into ceiling wall. Custom mural ceilings and 11 built - in speakers. There's an adjoining game/billiard area with wet bar designer selected stone counter. Stylish living room and gracious dining room perfect for large scale gatherings. The voluminous family room with lanai glass doors opens up to an inviting pool/spa multilevel patio with 3 waterfalls and custom designed built-in Viking BBQ, fire pit and large grass area. Extensive upgrades include handsome hardwood floors throughout, large gourmet kitchen with center island, granite counter tops top of the line stainless steel appliances, enhanced cabinetry, custom lights. Large built-in entertainment center. Master suite w/ sitting area and fireplace w/elaborate balcony.

Last Agent to Sell the Property

Zorina Reyes

HomeSmart, Evergreen Realty License #00812027 Listed on: 05/01/2013

HomeSmart, Evergreen Realty

Last Buyer's Agent

Alan Chen

IRN Realty License #01113192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,653

Year Built

  • Built in 1998

Lot Details

  • 0.28 Acre Lot
  • Sprinklers on Timer

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Turnkey
  • Additions or Alterations
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Security System

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Circulator
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 15333
  • Assessor Parcel Number 46129101

Community Details

Security

  • 24-Hour Security
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,653

Year Built

Built in 1998

Lot Details

0

HOA Fees

$420 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Gated Community, Security System
  • Subdivision Name Other: Rivage (NRRV)
  • View: Yes
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46129101
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 800.00
  • Room Type: Family Room, Living Room, Master Bedroom, Retreat, Office, Home Theatre
  • Spa Features: Private

Exterior Features

  • View: City Lights, Canyon, Mountain(s), Panoramic
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Convection Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Indoor Grill, Gas Water Heater, Hot Water Circulator, Instant Hot Water, Ice Maker, Microwave, Refrigerator, Recirculated Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 420.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 12114.00
  • Lot Size Acres: 0.2780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12114.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 28
  • Tax Tract Number: 15333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2013
Closed on
Aug 21, 2013
Sold by
Drobot Michael and Drobot Ronalyn
Bought by
Qian Wei Guo and Lu Ming
Seller's Agent
Zorina Reyes
HomeSmart, Evergreen Realty
Buyer's Agent
Alan Chen
IRN Realty
List Price
$4,290,000
Sold Price
$4,000,000
Premium/Discount to List
-$290,000
-6.76%
Total Days on Market
0
Current Estimated Value
$6,130,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,130,363
Original Mortgage
$2,000,000
Outstanding Balance
$1,562,396
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 12, 2007
Sold by
Platt Steele
Bought by
Drobot Michael and Drobot Ronalyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,397,500
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2004
Sold by
Levine Jeremy S and Levine Denise I
Bought by
Platt Steele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2004
Sold by
Bren Cary D and Bren Christine Malia
Bought by
Levine Jeremy S and Levine Denise I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1998
Sold by
Irvine Community Development Company
Bought by
Bren Cary D and Bren Christine Malia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,033,200
Interest Rate
6.87%
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
Qian Wei Guo $4,000,000 Orange Coast Title Company
Drobot Michael $3,425,000 Equity Title Company
Platt Steele $2,700,000 Equity Title Company
Levine Jeremy S $2,500,000 Fidelity National Title
Bren Cary D $1,148,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qian Wei Guo $2,000,000
Previous Owner Drobot Michael $2,000,000
Previous Owner Drobot Michael $2,000,000
Previous Owner Drobot Michael $2,397,500
Previous Owner Platt Steele $1,700,000
Previous Owner Platt Steele $1,787,000
Previous Owner Platt Steele $1,800,000
Previous Owner Platt Steele $1,850,000
Previous Owner Levine Jeremy S $2,000,000
Previous Owner Bren Cary D $472,500
Previous Owner Bren Cary D $1,100,000
Previous Owner Bren Cary D $1,000,000
Previous Owner Bren Cary D $1,000,000
Previous Owner Bren Cary D $1,000,000
Previous Owner Bren Cary D $1,033,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $4,000,000 -3.6% $800 / Sq Ft
06/04/2013 06/04/13 Price Changed $4,150,000 -1.0% $830 / Sq Ft
06/03/2013 06/03/13 Price Changed $4,190,000 -2.3% $838 / Sq Ft
05/01/2013 05/01/13 For Sale $4,290,000 -- $858 / 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 $32,653 $3,187,240 $2,329,140 $858,100
2024 $32,653 $3,124,746 $2,283,471 $841,275
2023 $31,967 $3,063,477 $2,238,697 $824,780
2022 $31,368 $3,003,409 $2,194,801 $808,608
2021 $30,684 $2,944,519 $2,151,766 $792,753
2020 $30,555 $2,914,327 $2,129,702 $784,625
2019 $30,126 $2,857,184 $2,087,943 $769,241
2018 $45,345 $4,309,479 $3,516,708 $792,771
2017 $44,511 $4,224,980 $3,447,753 $777,227
2016 $43,530 $4,142,138 $3,380,150 $761,988
2015 $43,143 $4,079,920 $3,329,377 $750,543
2014 $42,165 $4,000,000 $3,264,159 $735,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13079423

California Regional Multiple Listing Service (CRMLS)

APN: 461-291-01