NOT LISTED FOR SALE

Estimated Value: $8,401,000 - $8,994,214

4 Beds
5.5 Baths
6,000 Sq Ft
$1,443/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $4,825,000 $804 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $51,386/month

30 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Sauna
  • El Morro Elementary School Rated A+
  • In Ground Pool
  • Ocean Side of Freeway

About This Home

As of August 2012

Welcome to the enclave of Smithcliffs where you can experience a residential life of luxury,exclusivity and seclusion rarely found along the Orange County coast. Only a few minutes from the village of Laguna Beach and the city of Newport Beach along the storied Pacific Coast Highway, this gated community may be one of the most coveted addresses between Malibu and La Jolla. The residence is a Mark Singer masterpiece, and celebrates the open floor plan of contemporary style. The main house features close to 5,300 square feet the pool house features close to 700 square feet. The main house has a second floor dedicated to the master suite, and media room. The first floor has three bedrooms all Ensuite and a flowing open floor plan that features details which received critical acclaim. The property is spreadover three lots totaling close to 27,000 square feet. The grounds create the ambiance of living in a resort and include a large pool, spa, a quarter basketball court, and lush landscape.

Last Agent to Sell the Property

Patrick Bartolic

Coldwell Banker Realty License #00783792 Listed on: 05/22/2012

Coldwell Banker Realty

Last Buyer's Agent

Chris Skawinski

First Team Real Estate License #01309752

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 0.63

HOA Fees

  • $1,400 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Peek-A-Boo
  • Hills

Home Design

  • Modern Architecture
  • Slab Foundation

Interior Spaces

  • 6,000 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Fireplace
  • Great Room
  • Living Room
  • Home Theater
  • Library
  • Sauna
  • Center Hall
  • Sump Pump
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Walk-In Closet
  • Dressing Area

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Ocean Side of Freeway
  • Sport Court
  • Patio
  • Lanai

Utilities

  • Forced Air Heating and Cooling System
  • Sewer on Bond

Additional Features

  • 0.63 Acre Lot
  • Guest House

Community Details

  • Association Phone (714) 508-9070

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 13988

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

HOA Fees

$1,400 per month

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Smithcliffs
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6000.00
  • Interior Amenities: Open Floorplan, Sump Pump, Wet Bar
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Price Per Square Foot: 804.17
  • Room Type: Center Hall, Dressing Area, Great Room, Library, Living Room, Media Room, Walk-In Closet, Retreat, Home Theatre
  • Spa Features: Private

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Sauna Private, Sport Court Private
  • View: Hills, Peek-A-Boo
  • Fence: No
  • Patio And Porch Features: Lanai
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Sewer On Bond
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 1400.00
  • Association Fee Frequency: Monthly
  • Phone: 714-508-9070
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 27600.00
  • Lot Size Acres: 0.6340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27600.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 13988

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2020
Sold by
Sadeghi Shaheen and Sadeghi Linda
Bought by
Sadeghi Shaheen and Sadeghi Linda
Current Estimated Value
$8,660,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,402,500
Outstanding Balance
$2,983,204
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$5,677,534

Purchase Details

Closed on
Mar 26, 2020
Sold by
Sadeghi Shaheen and Sadeghi Linda
Bought by
Sadeghi Shaheen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,402,500
Outstanding Balance
$2,983,204
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$5,677,534

Purchase Details

Closed on
Feb 6, 2015
Sold by
Sadeghi Shaheen and Sadeghi Linda
Bought by
Sadeghi Shaheen and Sadeghi Linda

Purchase Details

Listed on
May 22, 2012
Closed on
Jun 25, 2012
Sold by
U S Bank National Association
Bought by
Sadeghi Shaheen and Sadeghi Linda
Seller's Agent
Patrick Bartolic
Coldwell Banker Realty
Buyer's Agent
Chris Skawinski
First Team Real Estate
List Price
$4,750,000
Sold Price
$4,825,000
Premium/Discount to List
$75,000
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$3,377,500
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2011
Sold by
Mccullough Michael B and Mccullough Christy C
Bought by
U S Bank National Association

Purchase Details

Closed on
Nov 26, 2003
Sold by
Martini Juliana Gambrell
Bought by
Martini Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2003
Sold by
Martini Brent
Bought by
Mccullough Michael B and Mccullough Christy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2003
Sold by
Wong Robert
Bought by
Martini Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,750,000
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Martini Brent
Bought by
Wong Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1997
Sold by
Mossimo Giannulli
Bought by
Giannulli Mossimo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$965,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1996
Sold by
Brinderson Parent Company
Bought by
Giannulli Mossimo

Purchase Details

Closed on
Feb 29, 1996
Sold by
Brinderson Parent Company
Bought by
Gianulli Mossimo

Purchase Details

Closed on
Jul 8, 1994
Sold by
Brinderson Parent Company
Bought by
Giannulli Mossimo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sadeghi Shaheen -- None Available
Sadeghi Shaheen -- None Available
Sadeghi Shaheen -- Mortgage Connect Lp
Sadeghi Shaheen -- None Available
Sadeghi Shaheen $4,825,000 Lsi Title Company
U S Bank National Association $4,392,697 Accommodation
Martini Brent -- --
Mccullough Michael B $4,650,000 Commerce Title
Martini Brent -- --
Wong Robert -- Fidelity National Title Co
Martini Brent -- Fidelity National Title Co
Martini Brent -- Fidelity National Title Co
Giannulli Mossimo G -- Fidelity National Title Ins
Giannulli Mossimo G -- Fidelity National Title Ins
Giannulli Mossimo $507,500 Chicago Title Co
Gianulli Mossimo $750,000 Chicago Title Co
Giannulli Mossimo $400,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadeghi Shaheen $3,402,500
Previous Owner Sadeghi Shaheen $3,377,500
Previous Owner Mccullough Michael B $2,750,000
Previous Owner Martini Brent $1,060,000
Previous Owner Giannulli Mossimo G $965,000
Previous Owner Giannulli Mossimo $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2012 08/16/12 Sold $4,825,000 +1.6% $804 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $4,750,000 -- $792 / 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 $60,157 $5,941,639 $4,199,181 $1,742,458
2024 $60,157 $5,825,137 $4,116,844 $1,708,293
2023 $59,075 $5,710,919 $4,036,121 $1,674,798
2022 $57,907 $5,598,941 $3,956,982 $1,641,959
2021 $56,739 $5,489,158 $3,879,394 $1,609,764
2020 $56,017 $5,432,874 $3,839,616 $1,593,258
2019 $55,030 $5,326,348 $3,764,330 $1,562,018
2018 $53,945 $5,221,910 $3,690,519 $1,531,391
2017 $52,867 $5,119,520 $3,618,156 $1,501,364
2016 $51,854 $5,019,138 $3,547,212 $1,471,926
2015 $51,064 $4,943,746 $3,493,929 $1,449,817
2014 $50,082 $4,846,905 $3,425,487 $1,421,418
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12002067

California Regional Multiple Listing Service (CRMLS)

APN: 053-301-71