NOT LISTED FOR SALE

Estimated Value: $6,786,000 - $7,824,000

5 Beds
7 Baths
6,571 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $3,650,000 $555 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $43,806/month

8 Days on Market

Highlights

  • Projection Room
  • Heated Spa
  • Custom Home
  • Newport Heights Elementary Rated A
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of January 2017

Set just above the Pacific Coast, on a bucolic road in the Cliffhaven neighborhood of Newport Beach, this postcard-perfect traditional Tuscan villa invites you to explore its open living spaces and five generous bedroom suites. You will fall in love with its sky-lit vaulted interiors and classic wood and stone finishes. Recently painted and restored, this airy and bright home retains its classic Italian charm harmonized with the most modern of amenities. Some of these amenities include a nine-seat movie theater, billiards room, stone wine cellar, professional-grade classic Chef’s kitchen, fully-equipped outdoor kitchen with pizza oven, disappearing glass wall - which transforms the loggia and great room/kitchen into an expansive area for entertaining, and a four-car finished garage. On the upper floor you’ll find the master suite, three additional en-suite bedrooms, and the movie theater. On the main floor is the burlwood-detailed executive office, billiards room, wine cellar, formal dining room, generous second master suite, and the laundry/craft room. Fine finish elements throughout include: colonial plank French walnut flooring, knotty Alder interior doors, hand-carved limestone fireplaces, ancient stone work (circa 1192 A.D.), Venetian plaster and more. Hidden within its refined structure are technology features to enhance modern living - whole-house A/V system, security system, tankless water heaters, CAT 5 wiring, four-zoned HVAC, and central vacuum system.

Last Agent to Sell the Property

John McMonigle

Agentinc License #01123869 Listed on: 11/14/2016

Co-Listed By

Russ Evans

Pacific Sotheby's Int'l Realty License #01995317

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Russ Evans

Pacific Sotheby's Int'l Realty License #01995317

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,019

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 8,448 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Frame Construction
  • Spanish Tile Roof
  • Stone Siding
  • Plaster

Interior Spaces

  • 6,571 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Formal Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Game Room with Fireplace
  • Recreation Room
  • Bonus Room
  • Storage
  • Utility Room
  • Center Hall

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Indoor Grill
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • Retreat
  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Dressing Area
  • Jack-and-Jill Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Home Security System
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace
  • Lanai
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 1218
  • Assessor Parcel Number 04925114

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,019

Year Built

Built in 2006 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Showing Phone
  • Other Phone Number: 714-883-7877
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: Cliffhaven (CLIF)
  • View: No
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04925114
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6571.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Home Automation System, Intercom, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting, Storage, Vacuum Central, Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Family Room, Game Room, Master Bedroom, Master Retreat, Outside, Gas, Wood Burning, Great Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 555.47
  • Room Type: Bonus Room, Center Hall, Den, Dressing Area, Entry, Family Room, Formal Entry, Game Room, Great Room, Guest/Maid's Quarters, Home Theatre, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Projection, Recreation, Retreat, Separate Family Room, Two Masters, Utility Room
  • Spa Features: Gunite, Heated, In Ground, Private
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Drapes, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • Patio And Porch Features: Lanai, Patio, Front Porch, Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Frame, Glass, Plaster, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Direct Garage Access, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Water Heater, Indoor Grill, High Efficiency Water Heater, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Zoned, Forced Air
  • Laundry Features: Individual Room, Laundry Chute
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Level with Street, Lot 6500-9999, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Treed Lot
  • Lot Size Sq Ft: 8448.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 98
  • Tax Tract Number: 1218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Nov 29, 2016
Sold by
George Steve T and George Michele R
Bought by
Alters Brian J and Bedell Kimberly K
Seller's Agent
John McMonigle
Agentinc
Buyer's Agent
Russ Evans
Pacific Sotheby's Int'l Realty
List Price
$3,695,000
Sold Price
$3,650,000
Premium/Discount to List
-$45,000
-1.22%
Current Estimated Value
$7,424,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,774,093
Avg. Annual Appreciation
8.72%
Original Mortgage
$1,805,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2014
Sold by
Grubbs Michael D and Grubbs Peggy S
Bought by
George Family Revocable Trust

Purchase Details

Closed on
Jun 22, 2012
Sold by
Grubbs Michael D and Grubbs Peggy S
Bought by
Grubbs Michael D and Grubbs Peggy S

Purchase Details

Closed on
Mar 29, 2005
Sold by
Behr William J and Behr Ann M
Bought by
Grubbs Michael D and Grubbs Peggy S

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
5.84%
Mortgage Type
Purchase Money Mortgage
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
Alters Brian J $3,650,000 First American Title Company
George Family Revocable Trust $3,650,000 First American Title Company
Grubbs Michael D -- None Available
Grubbs Michael D $1,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alters Brian J $1,022,000
Closed Alters Brian J $1,100,000
Previous Owner Alters Brian J $1,805,000
Previous Owner George Steve T $2,172,000
Previous Owner George Steve T $2,160,000
Previous Owner Grubbs Michael D $1,510,000
Previous Owner Grubbs Michael D $1,500,000
Previous Owner Grubbs Michael D $1,000,000
Previous Owner Behr William J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2017 01/27/17 Sold $3,650,000 -1.2% $555 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/14/2016 11/14/16 For Sale $3,695,000 -- $562 / 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 $44,019 $4,236,136 $1,608,126 $2,628,010
2024 $44,019 $4,153,075 $1,576,594 $2,576,481
2023 $42,990 $4,071,643 $1,545,681 $2,525,962
2022 $42,279 $3,991,807 $1,515,373 $2,476,434
2021 $41,466 $3,913,537 $1,485,660 $2,427,877
2020 $41,068 $3,873,409 $1,470,426 $2,402,983
2019 $40,210 $3,797,460 $1,441,594 $2,355,866
2018 $39,405 $3,723,000 $1,413,327 $2,309,673
2017 $40,072 $3,779,775 $1,368,828 $2,410,947
2016 $39,167 $3,705,662 $1,341,988 $2,363,674
2015 $38,800 $3,650,000 $1,321,830 $2,328,170
2014 $36,006 $3,400,000 $1,564,000 $1,836,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16747960

California Regional Multiple Listing Service (CRMLS)

APN: 049-251-14