NOT LISTED FOR SALE

Estimated Value: $7,157,000 - $8,479,040

5 Beds
5.5 Baths
5,200 Sq Ft
$1,520/Sq Ft Est. Value

Last Sold December 02, 2012

Last sale price $3,100,000 $596 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $45,793/month

125 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Granite Countertops
  • Newport Coast Elementary School Rated A
  • Mediterranean Architecture
  • Eat-In Kitchen

About This Home

As of December 2012

This lovely elegant Pacific Ridge 5 bedroom, 5.5 bath Costa Azul Plan 3 home features approximately 5,200 square feet with an ideal family floorplan including 4 bedrooms on the upper level - as well as a separate casita/guest house. Located in a prestigious gate-guarded enclave, the residence boasts a 13,000 square foot lot with serene, estate-like grounds - including a truly decadent negative-edge pool and sea-glass-clad spa, outdoor firepit, barbeque area, outdoor living room, covered loggias and magnificent mature olive trees and landscaping. Professionally designed interiors also reflect elegance and prestige. The gourmet kitchen features professional-grade appliances and the luxurious master suite features a relaxing adjoining covered loggia terrace with fireplace and spa bath. Other highlights include a fourth bedroom/nanny suite with private entrance, home office/study suite and 3-car garage.

Last Agent to Sell the Property

Henry Yang

Nationwide USA License #01344028 Listed on: 06/15/2012

Co-Listed By

Zoila Eimers

Realty ONE Group West License #01903525

Last Buyer's Agent

Kevin Aaronson

Keller Williams Realty License #01259966

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,803

Year Built

  • Built in 2006

Lot Details

  • 0.3

Parking

  • 3 Car Garage

Property Views

  • Ocean
  • Canyon
  • Hills

Home Design

  • Mediterranean Architecture
  • Brick Exterior Construction
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 5,200 Sq Ft Home
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Upper Level Bedrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Outdoor Grill
  • 0.3 Acre Lot

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 15811
  • Assessor Parcel Number 47725217

Community Details

Overview

  • Property has a Home Owners Association
  • Association Phone (939) 838-3291
  • Built by Shea Homes

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,803

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-735-7899
  • Property Attached: No
  • Subdivision Name Other: Costa Azul
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47725217
  • Year Built: 2006
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 5200.00
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Dining Room
  • Fireplace Features: Electric, Gas, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 596.15
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Patio: No
  • View: Canyon, Hills, Ocean
  • Fence: No
  • Builder Name: Shea Homes
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Barbecue, Built-In, Dishwasher, Freezer, Gas Cooking, Disposal, Oven, Refrigerator
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 425.00
  • Phone: 939-838-3291
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 13165.00
  • Lot Size Acres: 0.3020

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13165.0000 Square Feet

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 15811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Jan 23, 2013
Sold by
Liu Bonaparte H and Liu Deborah C
Bought by
Liu Bonaparte H and Liu Deborah C
Seller's Agent
Henry Yang
Nationwide USA
Buyer's Agent
Kevin Aaronson
Keller Williams Realty
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%
Current Estimated Value
$7,630,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,530,550
Avg. Annual Appreciation
7.14%
Original Mortgage
$2,000,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2012
Closed on
Dec 21, 2012
Sold by
Wang Michael C and Wang Kai
Bought by
Liu Bonaparte H and Liu Deborah C
Seller's Agent
Henry Yang
Nationwide USA
Buyer's Agent
Kevin Aaronson
Keller Williams Realty
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Morehouse Scott A and Morehouse Doreen L
Bought by
Wang Michael C and Wang Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,250
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2006
Sold by
Shea Homes Lp
Bought by
Morehouse Scott A and Morehouse Doreen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5.37%
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
Liu Bonaparte H -- Accommodation
Liu Bonaparte H $2,930,000 Fidelity National Title
Wang Michael C $3,605,000 Equity Title Orange County-I
Morehouse Scott A $3,281,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Bonaparte H $1,499,999
Closed Liu Bonaparte H $2,000,000
Previous Owner Wang Michael C $180,250
Previous Owner Wang Michael C $2,355,000
Previous Owner Morehouse Scott A $382,410
Previous Owner Morehouse Scott A $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2012 12/02/12 Sold $3,100,000 0.0% $596 / Sq Ft
07/02/2012 07/02/12 Price Changed $3,100,000 -4.6% $596 / Sq Ft
06/15/2012 06/15/12 For Sale $3,250,000 -- $625 / 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 $43,803 $3,608,081 $2,272,878 $1,335,203
2024 $43,803 $3,537,335 $2,228,312 $1,309,023
2023 $42,993 $3,467,976 $2,184,620 $1,283,356
2022 $41,832 $3,399,977 $2,141,784 $1,258,193
2021 $41,216 $3,333,311 $2,099,788 $1,233,523
2020 $41,190 $3,299,132 $2,078,257 $1,220,875
2019 $41,061 $3,234,444 $2,037,507 $1,196,937
2018 $40,319 $3,171,024 $1,997,556 $1,173,468
2017 $41,205 $3,108,848 $1,958,389 $1,150,459
2016 $39,533 $3,047,891 $1,919,990 $1,127,901
2015 $38,573 $3,002,109 $1,891,150 $1,110,959
2014 $37,742 $2,943,302 $1,854,105 $1,089,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12002432

California Regional Multiple Listing Service (CRMLS)

APN: 477-252-17