NOT LISTED FOR SALE

Estimated Value: $6,256,000 - $7,624,000

5 Beds
6 Baths
6,765 Sq Ft
$1,005/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $3,675,000 $543 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $39,437/month

20 Days on Market

Highlights

  • Ocean View
  • Heated Lap Pool
  • Custom Home
  • Abraham Lincoln Elementary School Rated A
  • Primary Bedroom Suite
  • 2-minute walk to Spyglass Hill Park

About This Home

As of July 2017

Savor breathtaking Ocean and Harbor views from this hilltop custom estate located in Newport Beach's most exclusive guard gated community, Harbor Ridge. Upon entry you are greeted with cathedral-vaulted ceilings and a wrought-iron spiral staircase, granite flooring with mosaic inlaid tile, and direct views of Catalina down to Palos Verdes and beyond to the Hollywood Hills. This dramatic European inspired mansion is characterized by bespoke rich finishes such as artisan glazed moldings, hand painted murals, cut glass inlays, and wainscoting that can only be found only in the worlds finest residences. Situated atop a premier ocean view lot, 4 Geneve offers ample space for sophisticated living and grand entertaining with an open concept, formal dining room with sit-down ocean and sparking city light views, and a chefs kitchen outfitted with Viking appliances. The 5 bed, 6 bath residence encompasses approximate 6,765 sq feet on 3 levels accessible by two staircase's and elevator. The lower level is highlighted by a bar and game room, gym, sauna, and maids quarters. The estate's outdoor entertaining space features multiple stone clad terraces and a 60 foot lap pool with a retractable roof. Immediate proximity to world class shopping such as Fashion Island & South Coast Plaza, award winning schools, and resort style beaches complete this dream estate.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 05/30/2017

Co-Listed By

Lili Daftarian

Luxe Real Estate License #01803649

Last Buyer's Agent

Aaron Andersen

Luxe Real Estate License #01981667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,136

Year Built

  • Built in 1993

Lot Details

  • 7,000 Sq Ft Lot
  • Density is up to 1 Unit/Acre

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Custom Home

Interior Spaces

  • 6,765 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Wainscoting
  • Cathedral Ceiling
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room
  • Game Room
  • Home Gym
  • Stone Flooring
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Terrace
  • Exterior Lighting
  • Rain Gutters

Schools

  • Lincoln Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 9862
  • Assessor Parcel Number 46109118

Community Details

Overview

  • Total Property Association, Phone Number (949) 261-8282

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,136

Year Built

Built in 1993

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Showing Agent
  • Other Phone Number: 714.865.5969
  • Property Attached: No
  • Subdivision Name Other: Harbor Ridge Custom (HRCS)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 46109118
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6765.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Stone Counters, Two Story Ceilings, Wainscoting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 543.24
  • Room Type: Basement, Bonus Room, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Granite Counters, Stone Counters
  • Room Kitchen Features: Stone Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Panoramic
  • Patio And Porch Features: Stone, Terrace
  • Pool Features: Private, In Ground, Lap, Pool Cover, Heated
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Direct Garage Access
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Playground, Tennis Court(s), Sport Court
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: Total Property
  • Phone: 9492618282
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Lincoln
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Lincoln
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: LINCOL
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.45
  • Tax Lot: 8
  • Tax Tract Number: 9862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2019
Sold by
Raeisi Development Inc
Bought by
Nafchi Elyas P Raeisi
Current Estimated Value
$6,799,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,097,794
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$4,619,563

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 20, 2017
Sold by
Haghighat Michael
Bought by
Raeisi Development Inc
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Aaron Andersen
Luxe Real Estate
List Price
$3,995,000
Sold Price
$3,675,000
Premium/Discount to List
-$320,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$2,205,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2012
Sold by
Haghighat Roya
Bought by
Haghighat Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,865,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2011
Sold by
Haghighat Roya
Bought by
Haghighat Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,872,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2011
Sold by
Haghighat Michael
Bought by
Haghighat Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,872,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Haghighat Michael
Bought by
Haghighat Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,482,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Haghighat Farah E
Bought by
Haghighat Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2004
Sold by
Khayami Alidad
Bought by
Haghighat Michael and Haghighat Farah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1993
Sold by
Khayami Ebrahim Mehrdad
Bought by
Khayami E Mehrdad
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 Buyer Sale Price Title Company
Nafchi Elyas P Raeisi -- Fidelity National Title Co
Raeisi Development Inc $3,675,000 North American Title Company
Haghighat Michael -- Lawyers Title
Haghighat Michael -- Chicago Title Company
Haghighat Michael -- Chicago Title Company
Haghighat Michael -- Fidelity National Title
Haghighat Michael -- --
Haghighat Michael $2,425,000 Equity Title Company
Khayami E Mehrdad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nafchi Elyas P Raeisi $2,250,000
Previous Owner Raeisi Development Inc $2,205,000
Previous Owner Haghighat Michael $500,000
Previous Owner Haghighat Michael $1,847,094
Previous Owner Haghighat Michael $1,865,000
Previous Owner Haghighat Michael $1,872,000
Previous Owner Haghighat Michael $1,482,000
Previous Owner Haghighat Michael $500,000
Previous Owner Haghighat Michael $165,000
Previous Owner Haghighat Michael $750,000
Previous Owner Haghighat Michael $1,500,000
Closed Haghighat Michael $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $3,675,000 -8.0% $543 / Sq Ft
06/19/2017 06/19/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $3,995,000 -- $591 / 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 $35,136 $3,443,865 $2,575,602 $868,263
2024 $35,136 $3,393,363 $2,525,100 $868,263
2023 $34,481 $3,343,852 $2,475,589 $868,263
2022 $34,005 $3,295,312 $2,427,049 $868,263
2021 $24,657 $2,379,460 $2,379,460 $0
2020 $39,399 $3,823,470 $2,355,062 $1,468,408
2019 $38,607 $3,748,500 $2,308,884 $1,439,616
2018 $37,853 $3,675,000 $2,263,611 $1,411,389
2017 $30,694 $2,970,787 $1,610,466 $1,360,321
2016 $29,937 $2,912,537 $1,578,888 $1,333,649
2015 $29,668 $2,868,788 $1,555,171 $1,313,617
2014 $28,985 $2,812,593 $1,524,707 $1,287,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17120641

California Regional Multiple Listing Service (CRMLS)

APN: 461-091-18