NOT LISTED FOR SALE

Estimated Value: $5,949,000 - $6,400,000

4 Beds
4.5 Baths
3,802 Sq Ft
$1,625/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $3,825,000 $1,006 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $37,064/month

17 Days on Market

Highlights

  • Wine Cellar
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Spa
  • View of Trees or Woods

About This Home

As of September 2021

Elevated to perfection by a complete remodel, this Pacific Ridge home combines effortlessly cool coastal style, and the timeless beauty of Mediterranean architecture. Luxe white oak floors are found throughout, with plentiful windows bringing sunny vibes to a spacious 3,858 +/- s.f. floor plan, with 4-beds, 4.5 baths. The living room offers a warming fireplace & French doors that open to a fountain & flowing stream. Towering ceilings in the dining room highlight a 90-bottle wine display cabinet, and an airy 2nd-floor mezzanine. The family room features a top-line entertainment system, and the kitchen is stunningly renovated, with white shaker cabinets, Neolith countertops, and Wolf appliances that include a 6-burner range & double ovens. Four bedrooms each feature ensuite baths w/on-trend materials; one bedroom is downstairs and may also be used as an office or home gym; the master bedroom is truly a retreat, with a fireplace, custom closet, steam shower & soaking tub. Outdoor spaces connect to every common area in the home, with exquisite low-maintenance patios that include an outdoor fireplace, a masterful fountain with cascading water, and a large BBQ area with bar seating for year-round entertaining. New upgrades are extensive. Also included: 7-camera active surveillance security, Ring camera, awnings, Pelican water filtration/softener & newer paint. The guard-gated community offers playground and swim facilities, access to award-winning schools, fantastic proximity to Fashion Island’s dining & shopping, Crystal Cove State Beach, John Wayne Airport, and easy freeway access.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 07/26/2021

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Kajsa Bushman

Coastline Real Estate Grp, Inc License #02098531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,328

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 7,069 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Stucco Fence
  • Corner Lot

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • Turnkey
  • Planned Development
  • Tile Roof

Interior Spaces

  • 3,802 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Two Story Ceilings
  • Recessed Lighting
  • See Through Fireplace
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Bonus Room
  • Center Hall
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Microwave
  • Freezer
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Spa
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

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

Additional Features

  • More Than Two Accessible Exits
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 16464
  • Assessor Parcel Number 47845317

Community Details

Overview

  • Pacific Ridge Maintienace Association, Phone Number (888) 428-5588
  • First Service Management HOA
  • Pienza Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,328

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$485 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Pienza (PRPZ)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47845317
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3802.00 Square Feet
  • Interior Amenities: Built-in Features, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Two Story Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Den, Family Room, Master Bedroom, Outside, See Through
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1006.05
  • Room Type: Bonus Room, Center Hall, Den, Entry, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Wine Cellar
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Freezer, Disposal, Microwave, Refrigerator
  • Heating Type: Zoned
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Ridge Maintienace
  • Phone: 888-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: First Service Management

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
  • Lot Features: Corner Lot, Cul-De-Sac, Lot 6500-9999
  • Lot Size Sq Ft: 7069.00
  • Lot Size Acres: 0.1623

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7069.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 16464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 1, 2021
Sold by
Ballin Christof A and Ballin Janet
Bought by
Kiani Abraham
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kajsa Bushman
Coastline Real Estate Grp, Inc
List Price
$3,895,000
Sold Price
$3,825,000
Premium/Discount to List
-$70,000
-1.8%
Current Estimated Value
$6,179,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,354,724
Avg. Annual Appreciation
10.66%

Purchase Details

Listed on
Nov 4, 2014
Closed on
Jan 23, 2015
Sold by
Daneshmand Mahin
Bought by
Ballin Christof A and Ballin Janet
Seller's Agent
Maryam Milonakis
Realty One Group West
Buyer's Agent
Warren Heeg Jr
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$1,680,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Daneshmand Mahin
Bought by
Daneshmand Mahin and 2006 Mahin Daneshmand Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 3, 2005
Sold by
Lennar Homes Of California Inc
Bought by
Daneshmand Mahin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,481,200
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Kiani Abraham $3,825,000 Ticor Title Company Of Ca
Kiani Abraham -- None Available
Ballin Christof A $2,400,000 Equity Title
Daneshmand Mahin -- None Available
Daneshmand Mahin $1,975,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballin Christof A $1,680,000
Previous Owner Daneshmand Mahin $1,481,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $3,825,000 -1.8% $1,006 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $3,895,000 +62.3% $1,024 / Sq Ft
02/23/2015 02/23/15 Sold $2,400,000 -3.8% $676 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $2,495,000 -- $703 / 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 $47,328 $4,059,120 $3,055,865 $1,003,255
2024 $47,328 $3,979,530 $2,995,946 $983,584
2023 $46,411 $3,901,500 $2,937,201 $964,299
2022 $45,373 $3,825,000 $2,879,608 $945,392
2021 $33,035 $2,664,776 $1,794,428 $870,348
2020 $32,661 $2,637,452 $1,776,028 $861,424
2019 $32,848 $2,585,738 $1,741,204 $844,534
2018 $32,237 $2,535,038 $1,707,063 $827,975
2017 $32,851 $2,485,332 $1,673,591 $811,741
2016 $31,449 $2,436,600 $1,640,775 $795,825
2015 $28,803 $2,245,685 $1,284,138 $961,547
2014 $28,103 $2,201,696 $1,258,984 $942,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21149699

California Regional Multiple Listing Service (CRMLS)

APN: 478-453-17