NOT LISTED FOR SALE

Estimated Value: $7,815,000 - $8,726,056

4 Beds
4.5 Baths
4,948 Sq Ft
$1,667/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $4,975,000 $1,005 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $49,576/month

68 Days on Market

Highlights

  • Ocean View
  • Gated with Attendant
  • Maid or Guest Quarters
  • Newport Coast Elementary School Rated A
  • Spa
  • Fireplace in Primary Bedroom

About This Home

As of December 2020

Coming Soon. Currently under remodel. Ready to be shown the week of Sept. 21st. This Costa Azul residence is situated at end of the cul-de-sac on the coveted front row with panoramic canyon and ocean views. The main level features a designer kitchen with Thermador Professional and Sub-Zero stainless steel appliances, marble counters and a walk-in pantry. Flooded with natural light, the living and dining spaces open to the outdoors, offering a private guest casita, two tranquil stone fountains and a fire pit, ideal for alfresco dining and entertaining. The second level features an elegant master suite with stone fireplace, a fitness room/retreat and private terrace boasting panoramic views, the master bath with stone shower, jetted bathtub and two walk-in closets; two secondary bedroom suites, a built-in study area, and laundry room. Additional highlights include Control 4 home automation system, Richard Marshall hardwood floors, and a three-car garage. Residents of Pacific Ridge enjoy exclusive access to the world-class community center with swimming, grilling and playground facilities, 24-hour guard gated security, close proximity to pristine hiking/biking trails, and award winning Newport Mesa Unified Schools.

Last Agent to Sell the Property

Abdul Mozayeni

Coastline Real Estate License #01301249 Listed on: 08/25/2020

Last Buyer's Agent

Gil Wenck

SolTerra Estates & Lending Inc License #01426422

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,731

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 9,588 Sq Ft Lot
  • Cul-De-Sac
  • Glass Fence
  • Fence is in good condition
  • Sprinkler System
  • Private Yard

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Tandem Garage

Property Views

  • Ocean
  • Panoramic
  • Canyon
  • Hills

Home Design

  • Mediterranean Architecture
  • Planned Development
  • Spanish Tile Roof

Interior Spaces

  • 4,948 Sq Ft Home
  • High Ceiling
  • Family Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 15811
  • Assessor Parcel Number 47725236

Community Details

Overview

  • Pacific Ridge HOA
  • First Service HOA
  • Costa Azul Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,731

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$485 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated with Guard, Security System, Smoke Detector(s)
  • Subdivision Name Other: Costa Azul (PRCA)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47725236
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4948.00 Square Feet
  • Interior Amenities: High Ceilings, Pantry
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Master Bedroom, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1005.46
  • Room Type: Exercise Room, Guest/Maid's Quarters, Library, Office
  • Spa Features: Association
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Canyon, Hills, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Glass, Good Condition
  • Pool Features: Association
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Tandem Garage
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Microwave, Vented Exhaust Fan, Warming Drawer
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground, Biking Trails, Hiking Trails, Guard, Security, Controlled Access
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Ridge HOA
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Hiking, Park, Sidewalks
  • Association Management: First Service

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Sprinkler System, Yard
  • Lot Size Sq Ft: 9588.00
  • Lot Size Acres: 0.2201

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9588.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 15811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Nov 25, 2020
Sold by
Mozayeni Ali
Bought by
Habbas Samer and Esmail Jenine
Seller's Agent
Abdul Mozayeni
Coastline Real Estate
Buyer's Agent
Gil Wenck
SolTerra Estates & Lending Inc
List Price
$5,200,000
Sold Price
$4,975,000
Premium/Discount to List
-$225,000
-4.33%
Current Estimated Value
$8,248,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,273,514
Avg. Annual Appreciation
11.13%
Original Mortgage
$3,731,000
Outstanding Balance
$3,301,744
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$4,946,770

Purchase Details

Closed on
Dec 6, 2006
Sold by
Shea Homes Lp
Bought by
Kaye Michael S and The Michael S Kaye Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.5%
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
Habbas Samer $4,975,000 North American Title Co
Kaye Michael S $3,361,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habbas Samer $3,731,000
Previous Owner Mozayeni All A $3,727,400
Previous Owner Kaye Michael S $1,500,000
Previous Owner Kaye Michael S $1,500,000
Previous Owner Kaye Michael S $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $4,975,000 0.0% $1,005 / Sq Ft
10/09/2020 10/09/20 Off Market $4,975,000 -- --
10/09/2020 10/09/20 For Sale $5,200,000 +4.5% $1,051 / Sq Ft
08/28/2020 08/28/20 Off Market $4,975,000 -- --
08/25/2020 08/25/20 For Sale $5,200,000 0.0% $1,051 / Sq Ft
11/29/2017 11/29/17 Rented $12,500 0.0% --
09/29/2017 09/29/17 Sold $3,774,000 0.0% $763 / Sq Ft
09/29/2017 09/29/17 For Rent $13,750 0.0% --
08/23/2017 08/23/17 For Sale $3,998,000 0.0% $808 / Sq Ft
12/27/2016 12/27/16 Rented $18,000 +28.6% --
11/03/2016 11/03/16 Price Changed $14,000 -17.6% $3 / Sq Ft
09/11/2016 09/11/16 For Rent $17,000 -- --
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
2025 $61,731 $5,486,151 $3,969,059 $1,517,092
2024 $61,731 $5,378,580 $3,891,234 $1,487,346
2023 $60,299 $5,263,403 $3,814,935 $1,448,468
2022 $58,756 $5,161,913 $3,740,132 $1,421,781
2021 $56,908 $4,975,000 $3,666,796 $1,308,204
2020 $46,278 $3,926,469 $2,828,820 $1,097,649
2019 $46,168 $3,849,480 $2,773,353 $1,076,127
2018 $45,394 $3,774,000 $2,718,973 $1,055,027
2017 $47,557 $3,881,974 $2,548,501 $1,333,473
2016 $45,641 $3,805,857 $2,498,530 $1,307,327
2015 $44,413 $3,748,690 $2,461,000 $1,287,690
2014 $43,448 $3,675,259 $2,412,793 $1,262,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20156736

California Regional Multiple Listing Service (CRMLS)

APN: 477-252-36