$12,000,000
SOLD MAY 14, 2013
6 Beds
10 Baths
10,850 Sq Ft
0.43 Acres

Recently Sold

$1,106 Per Sq Ft

14% Below List Price

47 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Private Pool
  • George White Elementary Rated A
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of March 2016

Elegant French influenced estate with rare 35' build height. Brand new construction with amazing views of Newport harbor, city lights, Palos Verdes, ocean, Catalina Island and magnificent sunsets all amplified by being situated at the highest point of Crystal Cove. Amenities include: true dual master baths each with their own walk-in closet, elevator service to all 3 levels, game room with wine cellar, theater, gourmet kitchen open to family room and living room, while the entire view side of main level features lift and slide pocket doors for seamless indoor/outdoor living and entertainment. A true automobile lovers garage with easy parking and display for at least 8 vehicles rounds out this amazing property.

Last Agent to Sell the Property

Rex Mckown

Compass License #01275953 Listed on: 03/01/2013

Compass

Co-Listed By

Marcy Weinstein

Compass License #01094198

Last Buyer's Agent

Kevin Aaronson

Keller Williams Realty License #01259966

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,034

Year Built

  • Built in 2013

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • Back Yard

HOA Fees

  • $902 Monthly HOA Fees

Parking

  • 8 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • City Lights

Interior Spaces

  • 10,850 Sq Ft Home
  • 3-Story Property
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Home Gym
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 43B
  • Tax Tract Number 16457
  • Assessor Parcel Number 48918107

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,034

Year Built

Built in 2013

Lot Details

0

HOA Fees

$902 per month

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48918107
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 10850.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1105.99
  • Room Type: Basement, Family Room, Exercise Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Office, Home Theatre, Wine Cellar

Exterior Features

  • View: Catalina, City Lights, Coastline, Harbor, Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Zoned
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 902.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18795.00
  • Lot Size Acres: 0.4310

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18795.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 43B
  • Tax Tract Number: 16457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Jan 22, 2016
Sold by
Mason David J
Bought by
Foley Sandra
Seller's Agent
David Mason
RE/MAX Select One
Buyer's Agent
Gary Macrides
Surterre Properties Inc
List Price
$444,000
Sold Price
$427,500
Premium/Discount to List
-$16,500
-3.72%
Current Estimated Value
$719,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,116
Avg. Annual Appreciation
5.62%
Original Mortgage
$320,625
Outstanding Balance
$257,836
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$463,788

Purchase Details

Closed on
Jan 7, 2014
Sold by
Horstman Frederick Charles and Horstman Katrina Kae
Bought by
Mason David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2007
Sold by
Tidwell Cheri D
Bought by
Horstman Frederick Charles and Horstman Katrina Kae
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $427,500 Chicago Title Company
Grant Deed $265,000 Chicago Title Company
Grant Deed $427,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,625 New Conventional
Previous Owner $198,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2016 03/03/16 Sold $427,500 -3.7% $428 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $444,000 -96.3% $444 / Sq Ft
05/14/2013 05/14/13 Sold $12,000,000 -13.7% $1,106 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $13,900,000 -- $1,281 / 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 $5,034 $506,069 $408,222 $97,847
2024 $5,034 $496,147 $400,218 $95,929
2023 $4,928 $486,419 $392,370 $94,049
2022 $4,834 $476,882 $384,677 $92,205
2021 $4,741 $467,532 $377,134 $90,398
2020 $4,694 $462,739 $373,267 $89,472
2019 $4,602 $453,666 $365,948 $87,718
2018 $4,513 $444,771 $358,772 $85,999
2017 $4,425 $436,050 $351,737 $84,313
2016 $3,297 $331,370 $243,143 $88,227
2015 $3,246 $326,393 $239,491 $86,902
2014 $2,697 $265,000 $166,192 $98,808
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13034936

California Regional Multiple Listing Service (CRMLS)

APN: 931-922-08