NOT LISTED FOR SALE

Estimated Value: $7,646,000 - $13,481,263

0.44 Acre
$23,075,534 Price per Acre
19,185 Sq Ft Lot

Last Sold December 07, 2017

Last sale price $7,000,000

Est. 45% increase in value since last sale

Current estimated payment $68,032/month

48 Days on Market

Highlights

  • Ocean View
  • Property is near a park
  • Cul-De-Sac
  • El Morro Elementary School Rated A+
  • Corner Lot
  • Level Lot

About This Lot

As of December 2017

Custom Lot where Crystal Cove Sales Office is located. The Sales Office will be torn down. The lot will be graded and re-certified. It is staked. Located at end of Cul-De-Sac next to park.

Last Agent to Sell the Property

Maureen White

Compass License #00430565 Listed on: 08/11/2017

Compass

Last Buyer's Agent

Julia Peng

Newage Realty, Inc. License #01410322

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $134,392

Lot Details

  • 0.44 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Property Views

  • Ocean
  • Coastline
  • Catalina

Location

  • Property is near a park

Listing and Financial Details

  • Assessor Parcel Number 47710224

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$134,392

Lot Details

0

Listing Details

  • Other Phone Number: 949-720-2683
  • Subdivision Name Other: Crystal Cove Estate Collection (CCEC)
  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 47710224
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 364.87

Exterior Features

  • View: Catalina, Coastline, Ocean

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Cul-De-Sac, Gentle Sloping, Level with Street, Lot 10000-19999 Sqft, Park Nearby
  • Lot Size Sq Ft: 19185.00

Tax Info

  • Tax Census Tract: 626.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Dec 5, 2017
Sold by
Irvine Community Development Llc
Bought by
Lam Ronnie and Lam Shilrey
Seller's Agent
Maureen White
Compass
Buyer's Agent
Julia Peng
Newage Realty, Inc.
List Price
$7,200,000
Sold Price
$7,000,000
Premium/Discount to List
-$200,000
-2.78%
Total Days on Market
48
Current Estimated Value
$10,163,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,163,088
Avg. Annual Appreciation
4.59%
Original Mortgage
$4,200,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lam Ronnie $7,000,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Ronnie $9,380,000
Closed Lam Ronnie $4,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $7,000,000 -2.8% --
09/28/2017 09/28/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $7,200,000 -- --
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
2024 $134,392 $12,474,372 $8,016,711 $4,457,661
2023 $87,261 $7,859,521 $7,859,521 $0
2022 $85,395 $7,705,413 $7,705,413 $0
2021 $80,532 $7,358,249 $7,358,249 $0
2020 $79,519 $7,282,800 $7,282,800 $0
2019 $78,803 $7,140,000 $7,140,000 $0
2018 $77,305 $7,000,000 $7,000,000 $0
2017 $9,455 $380,349 $135,615 $244,734
2016 $9,387 $372,892 $132,956 $239,936
2015 $8,709 $367,291 $130,959 $236,332
2014 $8,508 $360,097 $128,394 $231,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17186238

California Regional Multiple Listing Service (CRMLS)

APN: 477-102-24