H
Landlord's Agent in 2014
Heather Macias
Douglas Elliman Of California
Estimated Value: $7,496,000 - $16,359,823
5
Beds
6.5
Baths
6,134
Sq Ft
$1,644/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Fitness Center
- Wine Cellar
- Harbor View Elementary School Rated A
- Indoor Pool
- 4-minute walk to Reef Point Park
About This Home
As of May 2014From the gorgeous fountain that graces its entry to the reclaimed wood beams that adorn its soaring ceilings, no detail has been overlooked in making this exquisite residence—a former model home—one of incomparable luxury and style. Tucked away behind the guarded gates of Newport Coast’s beloved Crystal Cove enclave, it offers a heightened level of privacy in addition to spellbinding views spanning the ocean and harbor lights. With five bedrooms, five and-one-half bathrooms, a spacious master retreat, a downstairs office and an ornate formal dining room, it’s as ideal for relaxation as it is for entertaining on any scale. In addition to meticulously executed landscaping, the home’s exterior showcases multiple fireplaces and fountains—along with a pool and cooking area with built-in barbecue—to provide the ultimate al fresco experience. Inside the gorgeous formal dining room, a custom glass-enclosed wine room awaits your discovery, offering a timelessly elegant means in which to store and display your coveted collection. A living room, a gourmet’s kitchen and a family room open up to a private courtyard, while a sprawling master bedroom offers a fireplace plus even more incredible ocean vistas, creating a seaside sanctuary of the utmost opulence.
Last Agent to Rent the Property
Heather Macias
Douglas Elliman Of California License #01411770 Listed on: 02/10/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $78,088
Year Built
- Built in 2008
Lot Details
- 0.5 Acre Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $545 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Driveway
Property Views
- White Water Ocean
- Panoramic
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Spanish Tile Roof
- Stone Siding
- Stucco
Interior Spaces
- 6,134 Sq Ft Home
- Double Pane Windows
- Plantation Shutters
- Drapes & Rods
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- L-Shaped Dining Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Six Burner Stove
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
Pool
- Indoor Pool
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Balcony
- Stone Porch or Patio
- Outdoor Fireplace
- Outdoor Grill
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Water Purifier
- Sewer Paid
Listing and Financial Details
- Security Deposit $30,000
- Rent includes gardener
- 12-Month Minimum Lease Term
- Available 2/15/14
- Tax Lot 10
- Tax Tract Number 16605
- Assessor Parcel Number 48915110
Community Details
Amenities
- Sauna
- Clubhouse
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Community Spa
Additional Features
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2012
Sold by
Casco Franklin
Bought by
Casco Franklin and Lee Irrevocable Trust
Current Estimated Value
Purchase Details
Closed on
Aug 28, 2009
Sold by
Redwitz Thomas O and Redwitz Maya
Bought by
Casco Franklin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Outstanding Balance
$1,198,112
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$8,223,791
Purchase Details
Closed on
Oct 25, 2007
Sold by
Wl Homes Llc
Bought by
Redwitz Thomas O and Redwitz Maya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,753,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 29, 2007
Sold by
Irvine Community Development Co Llc
Bought by
Wl Homes Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Casco Franklin | -- | None Available | |
| Casco Franklin | $5,430,000 | Fidelity National Title Co | |
| Redwitz Thomas O | $6,790,000 | Fidelity National Title-Buil | |
| Wl Homes Llc | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Casco Franklin | $2,700,000 | |
| Previous Owner | Redwitz Thomas O | $4,753,000 | |
| Closed | Wl Homes Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2014 05/01/14 | Rented | $15,000 | -9.1% | -- |
| 04/01/2014 04/01/14 | Under Contract | -- | -- | -- |
| 02/10/2014 02/10/14 | For Rent | $16,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $78,088 | $7,009,176 | $5,045,078 | $1,964,098 |
| 2024 | $78,088 | $6,871,742 | $4,946,155 | $1,925,587 |
| 2023 | $76,447 | $6,737,002 | $4,849,171 | $1,887,831 |
| 2022 | $74,874 | $6,604,904 | $4,754,089 | $1,850,815 |
| 2021 | $73,580 | $6,475,397 | $4,660,872 | $1,814,525 |
| 2020 | $73,179 | $6,409,000 | $4,613,080 | $1,795,920 |
| 2019 | $72,220 | $6,283,334 | $4,522,628 | $1,760,706 |
| 2018 | $70,833 | $6,160,132 | $4,433,949 | $1,726,183 |
| 2017 | $70,675 | $6,039,346 | $4,347,009 | $1,692,337 |
| 2016 | $68,562 | $5,920,928 | $4,261,774 | $1,659,154 |
| 2015 | $67,520 | $5,831,991 | $4,197,759 | $1,634,232 |
| 2014 | $65,970 | $5,717,751 | $4,115,531 | $1,602,220 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP14030182
APN: 489-151-10
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