NOT LISTED FOR SALE

Estimated Value: $5,177,000 - $5,382,000

6 Beds
5.5 Baths
4,004 Sq Ft
$1,312/Sq Ft Est. Value

Last Sold April 25, 2023

Last sale price $3,868,000 $966 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $31,753/month

29 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Outdoor Fireplace
  • Newport Coast Elementary School Rated A
  • Updated Kitchen
  • Wood Flooring

About This Home

As of April 2023

35 Sea Terrace is nestled in the exclusive gated community of Newport Ridge Estates, surrounded by only 38 homes. Enter the grand two-story foyer and you will be impressed by grand finishes and high-end design elements throughout, including French white oak wood flooring, luxury lighting and fixtures, sophisticated built-ins, and stone fireplaces.

The extensively renovated kitchen is a chef's dream with plenty of counter space for meal prep - perfect for when you're entertaining family and friends! Dacor stainless steel appliances, a built in bar and wine cooler are just a few of the high-end appointments in this stunning kitchen. Plus, there's an adjacent formal dining room that opens up to a private backyard oasis with resort-like amenities including a tranquil pool & spa, covered loggia & fireplace, BBQ grill area & putting green.

With over 4,000 SF this home offers abundant living space including five bedrooms & five and a half bathrooms, a main floor office which could be a sixth bedroom and with an oversized primary bedroom including a retreat and his & her walk-in closets. The prime location puts you close to shopping centers, restaurants and more!

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 02/08/2023

Co-Listed By

Michael Balliet

Luxe Real Estate License #02021742

Last Buyer's Agent

Zujie Yan

Gold Orange Realty Inc. License #01927933

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,274

Year Built

  • Built in 1994

Lot Details

  • 7,102 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,004 Sq Ft Home
  • Built-In Features
  • French Doors
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 14581
  • Assessor Parcel Number 46118121
  • $744 per year additional tax assessments

Community Details

Overview

  • Newport Ridge Estates Association, Phone Number (949) 581-4988
  • Accell Property Mgt HOA
  • Newport Ridge Estates Subdivision

Amenities

  • Picnic Area

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,274

Year Built

Built in 1994

Lot Details

0

HOA Fees

$320 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Newport Ridge Estates (NRES)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46118121
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4004.00 Square Feet
  • Interior Amenities: Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 966.03
  • Room Type: Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area
  • Association Fee: 320.00
  • Association Fee Frequency: Monthly
  • Association Name: Newport Ridge Estates
  • Phone: 9495814988
  • Senior Community: No
  • Community Features: Biking, Hiking
  • Association Management: Accell Property Mgt

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
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7102.00
  • Lot Size Acres: 0.1630

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7102.0000 Square Feet
  • Number Of Units In Community: 38
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 12
  • Tax Tract Number: 14581
  • TaxOtherAnnualAssessmentAmount: 744.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 17, 2023
Sold by
Huang Clicia Zanetti Inhauser
Bought by
Wang Qiong
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Zujie Yan
Gold Orange Realty Inc.
List Price
$4,250,000
Sold Price
$3,868,000
Premium/Discount to List
-$382,000
-8.99%
Views
179
Current Estimated Value
$5,253,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,385,980
Avg. Annual Appreciation
8.98%
Original Mortgage
$2,000,000
Outstanding Balance
$1,943,480
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$2,810,789

Purchase Details

Closed on
Jan 9, 2023
Sold by
Huang George and Clicia Zanetti
Bought by
Huang Clicia Zanetti Inha

Purchase Details

Listed on
Apr 16, 2019
Closed on
May 3, 2019
Sold by
Svendsen Robert J
Bought by
Huang George and Huang Clicia
Seller's Agent
Rob Montgomery
Arbor Real Estate
Buyer's Agent
Michael Balliet
Luxe Real Estate
List Price
$2,775,000
Sold Price
$2,650,000
Premium/Discount to List
-$125,000
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Closed on
Sep 29, 2006
Sold by
Svendsen Arthur E
Bought by
Svendsen Robert J and Robert J Svendsen Separate Property Tr

Purchase Details

Closed on
Aug 5, 2002
Sold by
Weiner Nathaniel I and Weiner Darlene Katz
Bought by
Svendsen Arthur E

Purchase Details

Closed on
Jan 13, 1994
Sold by
A M Homes
Bought by
Weiner Nathaniel I and Weiner Darlene Katz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.24%
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
Wang Qiong $3,858,500 California Best Title
Huang Clicia Zanetti Inha -- California Best Title
Huang George $2,650,000 Lawyers Title
Svendsen Robert J -- None Available
Svendsen Arthur E $1,075,000 First American Title Co
Weiner Nathaniel I $625,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Qiong $2,000,000
Previous Owner Svendsen Robert J $350,000
Previous Owner Svendsen Robert J $250,000
Previous Owner Weiner Nathaniel I $614,500
Previous Owner Weiner Nathaniel I $90,000
Previous Owner Weiner Nathaniel I $530,000
Previous Owner Weiner Nathaniel I $520,000
Previous Owner Weiner Nathaniel I $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2023 04/25/23 Sold $3,868,000 -9.0% $966 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $4,250,000 +60.4% $1,061 / Sq Ft
06/13/2019 06/13/19 Sold $2,650,000 -4.5% $662 / Sq Ft
04/16/2019 04/16/19 For Sale $2,775,000 -- $693 / 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 $41,274 $4,014,383 $3,489,960 $524,423
2024 $41,274 $3,935,670 $3,421,529 $514,141
2023 $29,736 $2,841,335 $2,359,981 $481,354
2022 $29,178 $2,785,623 $2,313,707 $471,916
2021 $26,970 $2,731,003 $2,268,340 $462,663
2020 $28,389 $2,703,000 $2,245,081 $457,919
2019 $15,956 $1,505,359 $1,037,600 $467,759
2018 $15,650 $1,475,843 $1,017,255 $458,588
2017 $15,366 $1,446,905 $997,308 $449,597
2016 $14,890 $1,418,535 $977,753 $440,782
2015 $14,759 $1,397,228 $963,066 $434,162
2014 $15,078 $1,369,859 $944,201 $425,658
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23021847

California Regional Multiple Listing Service (CRMLS)

APN: 461-181-21