NOT LISTED FOR SALE

Estimated Value: $5,723,000 - $8,804,000

5 Beds
5.5 Baths
4,655 Sq Ft
$1,686/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $3,900,000 $838 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $46,053/month

249 Days on Market

Highlights

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

About This Home

As of May 2019

Situated on a premium front row lot in the prestigious guard-gated community of Pelican Ridge Estates, this transitional residence offers breathtaking ocean, Catalina and harbor views. The over 5,200 sq ft custom home has been recently refreshed and features 5 bedroom suites, soaring ceilings, luxurious finishes and a modern rear yard that is an entertainer’s paradise. The functional floor plan features a formal living room filled with light and warmed by a roaring fire leading to the dining room which features numerous French doors to the rear yard. The custom designed resort-style rear yard offers privacy and sleek modern design with a negative-edge pool and spa, wood deck, covered loggia and built-in BBQ. The gourmet chef’s kitchen flows seamlessly into the breakfast nook and family room complimented by a fireplace. Bask in the comfort of the spacious master suite and relish the warmth of a roaring fire as you take in the sprawling views from your very own private retreat. A 3-car garage, custom sound system, central vacuum and extraordinary curb appeal round this home off as the ideal property for the discerning buyer. Residents of the community have access to all the amenities of the Newport Coast Community Center including tennis, swim and fitness facilities as well as 24-hour guard-gated security and close proximity to John Wayne Airport, Fashion Island and South Coast Plaza.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 08/03/2018

Co-Listed By

Michael Balliet

Luxe Real Estate License #02021742

Last Buyer's Agent

Vincent Diau

Grand Realty & Investment License #01075295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,144

Year Built

  • Built in 1994

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

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

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,655 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • Infinity Pool
  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Location

  • Suburban Location

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705109

Community Details

Overview

  • Pelican Ridge Association, Phone Number (949) 448-6183
  • Newport Coast Association

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,144

Year Built

Built in 1994

Lot Details

0

HOA Fees

$729 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard, Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Pelican Ridge Estates (NCOR)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705109
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4655.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Tray Ceiling(s), Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Outside, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 837.81
  • Room Type: Entry, Family Room, Laundry, Living Room, Main Floor Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Spa Features: Private, Association, Heated, In Ground
  • Bathroom Features: Bathtub, Bidet, Shower In Tub, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Lighting
  • View: Bay, Canyon, Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic, Water
  • Patio And Porch Features: Covered, Patio, Wood
  • Pool Features: Private, Association, Filtered, Gas Heat, In Ground, Infinity
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association: Newport Coast
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Hiking Trails, Clubhouse, Recreation Room, Guard, Controlled Access
  • Association Fee: 423.00
  • Association #2 Fee: 306.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Ridge
  • Phone: 949-448-6183
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • 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: 2
  • Tax Tract Number: 14037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Apr 11, 2019
Sold by
Yu Yang
Bought by
East Roma Llc
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Vincent Diau
Grand Realty & Investment
List Price
$4,995,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,095,000
-21.92%
Current Estimated Value
$7,846,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,946,708
Avg. Annual Appreciation
11.52%

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 23, 2013
Sold by
Blaydes Simon
Bought by
Yu Yang
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Cindy Chin
Coldwell Banker Realty
List Price
$3,895,000
Sold Price
$3,660,000
Premium/Discount to List
-$235,000
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$2,000,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 26, 2013
Closed on
Aug 16, 2013
Sold by
Santa Fe Partners Llc
Bought by
Yu Yang
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Cindy Chin
Coldwell Banker Realty
List Price
$3,895,000
Sold Price
$3,660,000
Premium/Discount to List
-$235,000
-6.03%

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
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 15, 2012
Closed on
Jan 25, 2013
Sold by
Rapparport Mark N and Rappaport Lisa
Bought by
Santa Fe Partners Llc
Seller's Agent
Ulnick Group Bryan & Siobhan
Compass
Buyer's Agent
Sonia Farnsworth
Berkshire Hathaway HomeServic
List Price
$2,275,000
Sold Price
$2,200,000
Premium/Discount to List
-$75,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.27%
Original Mortgage
$1,740,000
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 1996
Sold by
Barker Mark C
Bought by
Rapparport Mark N and Rapparport Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,018,750
Interest Rate
7.75%

Purchase Details

Closed on
Feb 7, 1995
Sold by
Boehringer William E
Bought by
Barker Mark C

Purchase Details

Closed on
May 9, 1994
Sold by
Robertson Jon R and Robertson Katherine S
Bought by
Boehringer William E and Barker Mark C
Source: Public Records

Range of Values:

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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
East Roma Llc $3,900,000 None Available
Yu Yang -- Pacific Coast Title Company
Yu Yang $3,640,000 Pacific Coast Title
Santa Fe Partners Llc $2,200,000 Pacific Coast Title Company
Rapparport Mark N $1,375,000 Fidelity National Title Ins
Barker Mark C -- --
Boehringer William E $371,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Yang $2,000,000
Previous Owner Santa Fe Partners Llc $1,740,000
Previous Owner Rapparport Mark N $1,018,750
Closed Rapparport Mark N $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2019 05/13/19 Sold $3,900,000 -13.2% $838 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
11/09/2018 11/09/18 Price Changed $4,495,000 -10.0% $966 / Sq Ft
08/03/2018 08/03/18 For Sale $4,995,000 +36.5% $1,073 / Sq Ft
09/23/2013 09/23/13 Sold $3,660,000 -2.4% $779 / Sq Ft View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
08/09/2013 08/09/13 Price Changed $3,749,000 -3.7% $798 / Sq Ft
06/26/2013 06/26/13 For Sale $3,895,000 +77.0% $829 / Sq Ft
03/15/2013 03/15/13 Sold $2,200,000 0.0% $468 / Sq Ft View Prior Sale
08/30/2012 08/30/12 Pending -- -- --
08/24/2012 08/24/12 Off Market $2,200,000 -- --
08/15/2012 08/15/12 For Sale $2,275,000 -- $484 / 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 $46,144 $4,350,522 $3,182,029 $1,168,493
2024 $46,144 $4,265,218 $3,119,636 $1,145,582
2023 $45,149 $4,181,587 $3,058,467 $1,123,120
2022 $44,401 $4,099,596 $2,998,497 $1,101,099
2021 $43,083 $4,019,212 $2,939,703 $1,079,509
2020 $43,239 $3,978,000 $2,909,560 $1,068,440
2019 $44,146 $4,049,616 $3,014,723 $1,034,893
2018 $43,273 $3,970,212 $2,955,611 $1,014,601
2017 $43,473 $3,892,365 $2,897,658 $994,707
2016 $44,716 $3,816,045 $2,840,842 $975,203
2015 $44,383 $3,758,725 $2,798,170 $960,555
2014 $42,884 $3,639,998 $2,743,357 $896,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18186065

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-09