NOT LISTED FOR SALE

Estimated Value: $8,463,000 - $11,848,949

5 Beds
5.5 Baths
5,032 Sq Ft
$1,951/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $7,000,000 $1,391 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $60,132/month

40 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Open Floorplan
  • Harbor View Elementary School Rated A
  • Ocean Side of Highway 1
  • Fireplace in Primary Bedroom

About This Home

As of June 2020

Located in the prestigious community of Cameo Shores is this fabulous View home with a 6+ car garage ! Rebuilt 2005-2007. Upon entering this soft contemporary your eyes are drawn through the peaceful entry courtyard to the ocean and Catalina beyond. All living is on this main floor. There are 4 guest bedrooms, en-suite thoughtfully located on separate ends of the house from the master bedroom. The master bedroom opens on the the spacious back deck with forever views! The master bathroom does not disappoint...with an abundance of natural light and even an ocean view from the shower. The walk in closet has organizers and ample storage. The great room concept allows sit down ocean, Catalina,and sunset views from the kitchen, family room and living room ! The dining room is set back from the kitchen in a more formal setting keeping the "kitchen workings" from view. An ELEVATOR services the subterranean garage to the main floor living areas ! Cameo Shores offers private access to beaches, walking trails, and is a short stroll to the Quaint seaside Village. Here you can enjoy cafes,restaurants,shopping and sunsets from the Inspiration Point location. Minutes from Fashion Island, golfing and the airport. A very enviable place to call home! Please see the 3 D tour.... https://my.matterport.com/show/?m=is1RT5RAevM&brand=0.

Last Agent to Sell the Property

Coleen Brennan

Engel & Völkers Newport Beach License #01003247 Listed on: 05/01/2020

Engel & Völkers Newport Beach

Co-Listed By

Bill Forsythe

Engel & Völkers Newport Beach License #01934756

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,292

Year Built

  • Built in 2005

Lot Details

  • 0.25 Acre Lot
  • Landscaped
  • Lawn

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • 6 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood
  • Courtyard

Interior Spaces

  • 5,032 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Gas Fireplace
  • Family Room
  • Living Room
  • Game Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Outdoor Features

  • Beach Access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Fire Pit

Additional Features

  • Property is near a park
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 51
  • Tax Tract Number 3357
  • Assessor Parcel Number 47502306

Community Details

Overview

  • Cameo Community Asoc Association, Phone Number (949) 716-3998
  • Powerstone Propert Management HOA

Recreation

  • Community Playground
  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,292

Year Built

Built in 2005

Lot Details

0

HOA Fees

$136 per month

Parking

6

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Cameo Shores (CSHO)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47502306
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5032.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Elevator, Living Room Balcony, Open Floorplan, Pantry
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Game Room, Master Bedroom, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1391.10
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet

Exterior Features

  • View: Catalina, City Lights, Coastline, Courtyard, Neighborhood, Ocean, Panoramic, Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Door Opener, Oversized, Private, Subterranean
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 1628.00
  • Association Fee Frequency: Annually
  • Association Name: Cameo Community Asoc
  • Phone: 949-716-3998
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks
  • Association Management: Powerstone Propert Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Lot 10000-19999 Sqft, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 11070.00
  • Lot Size Acres: 0.2541

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11070.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 51
  • Tax Tract Number: 3357

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jun 11, 2020
Sold by
Malone Michael W and Malone Cynthia M
Bought by
Lilien David M and Stone Lilien Carolyn
Seller's Agent
Coleen Brennan
Engel & Völkers Newport Beach
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$7,500,000
Sold Price
$7,000,000
Premium/Discount to List
-$500,000
-6.67%
Current Estimated Value
$9,817,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,817,316
Avg. Annual Appreciation
6.10%

Purchase Details

Listed on
Jan 31, 2011
Closed on
Feb 3, 2012
Sold by
Knitter Michael J and Knitter Marjorie A
Bought by
Malone Michael W and Malone Cynthia M
Seller's Agent
Staci Dancey
Surterre Properties Inc.
Buyer's Agent
Coleen Brennan
Engel & Völkers Newport Beach
List Price
$6,395,000
Sold Price
$5,100,000
Premium/Discount to List
-$1,295,000
-20.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Mullins John Grover and Mullins Joanne Louise
Bought by
Knitter Michael J and Knitter Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
5.98%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 1999
Sold by
Koop Robert M and Koop Dovie L
Bought by
Mullins John Grover and Mullins Joanne Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Lilien David M $7,000,000 Orange Coast Title Company
Malone Michael W $5,100,000 California Title Company
Knitter Michael J -- First American Title Co
Mullins John Grover $1,400,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knitter Michael J $1,200,000
Previous Owner Knitter Michael J $555,000
Previous Owner Knitter Michael J $500,000
Previous Owner Knitter Michael J $1,500,000
Previous Owner Knitter Michael J $1,440,000
Previous Owner Mullins John Grover $1,320,000
Previous Owner Mullins John Grover $1,100,000
Previous Owner Koop Robert M $100,000
Previous Owner Koop Robert M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $7,000,000 -6.7% $1,391 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $7,500,000 +47.1% $1,490 / Sq Ft
03/01/2012 03/01/12 Sold $5,100,000 -10.4% $1,014 / Sq Ft
05/13/2011 05/13/11 Price Changed $5,695,000 -3.9% $1,132 / Sq Ft
04/08/2011 04/08/11 Price Changed $5,925,000 -7.3% $1,177 / Sq Ft
01/31/2011 01/31/11 For Sale $6,395,000 -- $1,271 / 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 $79,292 $7,655,521 $6,109,958 $1,545,563
2024 $79,292 $7,505,413 $5,990,155 $1,515,258
2023 $77,443 $7,358,249 $5,872,701 $1,485,548
2022 $76,242 $7,213,970 $5,757,550 $1,456,420
2021 $74,776 $7,072,520 $5,644,657 $1,427,863
2020 $62,030 $5,857,370 $4,479,169 $1,378,201
2019 $60,732 $5,742,520 $4,391,342 $1,351,178
2018 $59,517 $5,629,922 $4,305,237 $1,324,685
2017 $58,463 $5,519,532 $4,220,821 $1,298,711
2016 $57,142 $5,411,306 $4,138,059 $1,273,247
2015 $56,609 $5,330,024 $4,075,902 $1,254,122
2014 $55,273 $5,225,617 $3,996,061 $1,229,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20079549

California Regional Multiple Listing Service (CRMLS)

APN: 475-023-06