NOT LISTED FOR SALE

Estimated Value: $5,945,943 - $6,829,000

5 Beds
5.5 Baths
4,600 Sq Ft
$1,362/Sq Ft Est. Value

Last Sold September 23, 2019

Last sale price $3,850,000 $837 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $37,023/month

98 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • Corner Lot
  • Newport Heights Elementary Rated A
  • Wood Flooring
  • 3-minute walk to Cliff Drive Park

About This Home

As of September 2019

Executed to perfection, the owner of this prime, corner parcel envisioned a home that would be timeless, impeccable and employed a perfect blend of materials, textures, space and style to create a masterpiece, working in collaboration with Sailhouse Homes to acheive the goal. Brand new construction, sited on a quiet street, the casually elegant residence provides a family-friendly layout with four ensuite bedrooms, plus an office/5th bedroom, family room, upper-level bonus room, dining room, butler’s pantry and oversized, 750sf garage. The chefs-delight kitchen, was attentively designed with Carrera counters, an abundance of cabinetry and storage, premium appliances, double oven, immense island, two walk-in pantries and flows seamlessly with the family room, breakfast alcove and central, private courtyard – which is a great entertaining area replete with smooth-coat masonry fireplace and BBQ station. A luxurious master presents a romantic fireplace, a generous walk-in closet, and a spa-like bathroom with separate vanities, walk-in shower, independent soaking tub and easy access to the laundry room with designer stone and furniture-grade cabinetry. The arrangement of soaring ceilings, custom treatments throughout, stone finishes, oak flooring, disappearing doors, demonstrate the details in this expansive home were meticulously selected and crafted. Located in Newport Heights, steps from Cliff Drive Park, an easy jaunt to the beach, nightlife, world-class shopping and dining.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 05/15/2019

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Casey Lesher

Christie's International R.E. Southern California License #01795953

Christie's International R.E. Southern California

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,828

Year Built

  • Built in 2019

Lot Details

  • 5,781 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Cape Cod Architecture
  • Patio Home
  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 4,600 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Window Screens
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Upgraded Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Grill
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 256
  • Assessor Parcel Number 04907218

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,828

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Newport Heights (NEWH)
  • View: No
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 04907218
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4600.00 Square Feet
  • Interior Amenities: Balcony, Copper Plumbing Full, High Ceilings, Pantry, Stone Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Price Per Square Foot: 836.96
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Self Cleaning Oven, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Landscaped, Patio Home, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 5781.00
  • Lot Size Acres: 0.1327

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5781.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 634.00
  • Tax Lot: 15
  • Tax Tract Number: 256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
Kerslake John Randolph and Kerslake Julie Ann
Bought by
Kerslake Family Trust
Current Estimated Value
$6,263,486

Purchase Details

Listed on
May 15, 2019
Closed on
Aug 28, 2019
Sold by
Palley Roger and Palley Marion
Bought by
Kerslake John Randolph and Kerslake Julie Ann
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Casey Lesher
Christie's International R.E. Southern California
List Price
$4,195,000
Sold Price
$3,850,000
Premium/Discount to List
-$345,000
-8.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$2,850,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2017
Closed on
Mar 2, 2017
Sold by
Grant Jerry W and Grant Harriett A
Bought by
Palley Roger and Palley Marion A
Seller's Agent
Travis White
Real Broker
Buyer's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
List Price
$1,590,000
Sold Price
$1,525,000
Premium/Discount to List
-$65,000
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.94%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Grant Jerry W and Grant Harriett A
Bought by
Grant Jerry W and Grant Harriett A
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
Kerslake Family Trust -- --
Kerslake John Randolph $3,850,000 Chicago Title Company
Palley Roger $1,525,000 Western Resources Title
Grant Jerry W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerslake John Randolph $2,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2019 09/23/19 Sold $3,850,000 -3.7% $837 / Sq Ft
07/23/2019 07/23/19 Price Changed $3,999,000 -4.7% $869 / Sq Ft
05/15/2019 05/15/19 For Sale $4,195,000 +175.1% $912 / Sq Ft
04/12/2017 04/12/17 Sold $1,525,000 -4.1% $1,359 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $1,590,000 -- $1,417 / 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 $43,828 $4,210,535 $2,803,902 $1,406,633
2024 $43,828 $4,127,976 $2,748,924 $1,379,052
2023 $42,805 $4,047,036 $2,695,024 $1,352,012
2022 $42,099 $3,967,683 $2,642,181 $1,325,502
2021 $41,291 $3,889,886 $2,590,374 $1,299,512
2020 $40,895 $3,850,000 $2,563,812 $1,286,188
2019 $26,153 $2,453,373 $1,548,418 $904,955
2018 $16,308 $1,518,057 $1,518,057 $0
2017 $976 $66,322 $41,836 $24,486
2016 $956 $65,022 $41,016 $24,006
2015 $944 $64,046 $40,400 $23,646
2014 $921 $62,792 $39,609 $23,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19111274

California Regional Multiple Listing Service (CRMLS)

APN: 049-072-18