NOT LISTED FOR SALE

Estimated Value: $4,986,000 - $6,013,000

5 Beds
4.5 Baths
4,500 Sq Ft
$1,214/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $2,600,000 $578 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $31,758/month

120 Days on Market

Highlights

  • Marina
  • White Water Ocean Views
  • Wine Cellar
  • Marco Forster Middle School Rated A-
  • Guarded Parking
  • 4-minute walk to Heritage Park

About This Home

As of September 2015

Welcome to Lantern Bay Estates, Dana Point's Premier Coastal Living. Guard Gated Custom Home Community with Single Loaded Streets and Located on a Quiet Cul-De-Sac. This Beautiful Home Features Spectacular Panoramic Ocean, Coastline and City Lights Views From Every Level of the Home, Whether it's from your Master Suite or Simply Relaxing in the Exquisite Master Bath taking in the Ocean Views and Feeling the Warmth of the Double Sided Fireplace. This Custom Designed Floor Plan Allows for a spacious open feel throughout the Main Level. Boasting 5 Bedrooms, 4.5 Bathroom, Exquisite One of Kind Entertainers Dream, 4,444 Square Foot Home is sure to Attract the Most Discerning Homebuyer. Hosting an Elevated Gourmet Kitchen which Opens to Main Living Area with Absolute Black Granite Island, Black Granite Counters. Four Magnificent Raised Fireplaces, Stunning Great Room, Attractive recessed and vaulted ceilings throughout. Decorative Expansive Sky Light that Infuse the Home with Natural Light and Allowing the See Thru Wine Cellar come to Life. Special Features of this Home Includes a Large Step Down Formal Dinning Room Framed with Arched Picture Windows Showcasing the Ever Changing and Always Engaging Ocean View.

Last Agent to Sell the Property

Martucci Angiano

First Team Real Estate License #01145304 Listed on: 04/02/2015

First Team Real Estate

Last Buyer's Agent

Martucci Angiano

First Team Real Estate License #01145304 Listed on: 04/02/2015

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,769

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 6,991 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway
  • Gated Parking
  • Guarded Parking

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Bluff
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Flat Tile Roof
  • Concrete Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Two Way Fireplace
  • Raised Hearth
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Blinds
  • Stained Glass
  • Bay Window
  • Window Screens
  • Double Door Entry
  • Sliding Doors
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Storage
  • Utility Room
  • Center Hall

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Electronic Air Cleaner

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Location

  • Across the Road from Lake or Ocean
  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 11153
  • Assessor Parcel Number 68233136

Community Details

Overview

  • Webb Community Management Association, Phone Number (949) 498-1129
  • Greenbelt

Recreation

  • Marina

Security

  • Gated with Attendant
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,769

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$440 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Wall unit in upper level sitting room.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Lantern Bay Estates (LE)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 68233136
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4500.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Electronic Air Cleaner, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Unfurnished, Vacuum Central, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Gas, Raised Hearth, Living Room, Master Retreat, Two Way
  • Levels: Two
  • Price Per Square Foot: 577.78
  • Room Type: Center Hall, Den, Dressing Area, Family Room, Formal Entry, Foyer, Great Room, Jack & Jill, Library, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Office, Two Masters, Utility Room, Wine Cellar
  • Window Features: Blinds, Bay Window(s), Custom Covering, Drapes, Double Pane Windows, Screens, Stained Glass, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Bluff, Catalina, City Lights, Coastline, Harbor, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Park/Greenbelt, Trees/Woods, Water, White Water
  • Fence: Yes
  • Fencing: Stucco Wall, Wrought Iron
  • Patio And Porch Features: Deck, Patio, Stone, Wrap Around
  • Pool Private: No
  • Roof: Concrete, Flat Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Glass, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage, Garage Door Opener, Gated, Guarded, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Sewer Available, Phone Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Self Cleaning Oven, Convection Oven, Double Oven, Dishwasher, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Water Purifier, Water Softener
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room, Upper Level
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Monthly, Guard
  • Association Fee: 440.00
  • Association Fee Frequency: Monthly
  • Association Name: Webb Community Management
  • Phone: 949 498-1129
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Greenbelt, Gentle Sloping, Landscaped, Lot 6500-9999, Level with Street, Paved, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 6991.00
  • Price Per Lot Square Foot: 371.91
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6991.0000 Square Feet
  • Number Of Units In Community: 46
  • Number Of Units Total: 46
  • Waterfront Features: Across the Road from Lake/Ocean, Marina in Community, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 11153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2015
Closed on
Aug 6, 2015
Sold by
Cotten Victoria L
Bought by
Yordon Kimberly
Seller's Agent
Martucci Angiano
First Team Real Estate
Buyer's Agent
Martucci Angiano
First Team Real Estate
List Price
$2,798,888
Sold Price
$2,600,000
Premium/Discount to List
-$198,888
-7.11%
Current Estimated Value
$5,461,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,861,540
Avg. Annual Appreciation
7.64%
Original Mortgage
$1,000,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Cotten Victoria L
Bought by
Cotten Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1999
Sold by
Victoria Cotten
Bought by
Cotten Victoria L

Purchase Details

Closed on
Jun 25, 1998
Sold by
Durkee Testing Laboratories Inc
Bought by
Cotten Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1995
Sold by
Durkee John A
Bought by
Durkee Testing Laboratories Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
9.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 24, 1995
Sold by
Durkee Linda C
Bought by
Durkee John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
9.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 1994
Sold by
Durkee John A
Bought by
Durkee Linda C

Purchase Details

Closed on
Jan 24, 1994
Sold by
Durkee Linda C
Bought by
Durkee John A and Durkee Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,500
Interest Rate
4.5%
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
Yordon Kimberly $2,600,000 Western Resources Title Co
Cotten Victoria L -- United Title Company
Cotten Victoria L -- United Title Company
Cotten Victoria L -- --
Cotten Victoria L $1,250,000 First Southwestern Title Co
Durkee Testing Laboratories Inc -- --
Durkee John A -- --
Durkee Linda C -- --
Durkee John A -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yordon Kimberly $1,000,000
Previous Owner Cotten Victoria L $522,000
Previous Owner Cotten Victoria L $937,500
Previous Owner Durkee John A $25,000
Previous Owner Durkee John A $769,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2015 09/30/15 Sold $2,600,000 -7.1% $578 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $2,798,888 -- $622 / 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 $32,769 $3,077,870 $2,208,424 $869,446
2024 $32,769 $3,017,520 $2,165,121 $852,399
2023 $32,110 $2,958,353 $2,122,667 $835,686
2022 $31,562 $2,900,347 $2,081,047 $819,300
2021 $30,806 $2,843,478 $2,040,242 $803,236
2020 $30,300 $2,814,322 $2,019,322 $795,000
2019 $29,642 $2,759,140 $1,979,728 $779,412
2018 $28,724 $2,705,040 $1,940,910 $764,130
2017 $28,143 $2,652,000 $1,902,852 $749,148
2016 $27,424 $2,600,000 $1,865,541 $734,459
2015 $17,660 $1,653,731 $1,015,094 $638,637
2014 $17,340 $1,621,337 $995,210 $626,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15068970

California Regional Multiple Listing Service (CRMLS)

APN: 682-331-36