Seller's Agent in 2012
Michael Fawaz
Compass
(949) 922-7762
20 in this area
27 Total Sales
5 Beachcrest Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $4,363,000 - $16,687,110
6
Beds
6.5
Baths
7,966
Sq Ft
$1,304/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Gated with Attendant
- Clubhouse
- Newport Coast Elementary School Rated A
- Private Pool
- Main Floor Bedroom
About This Home
As of November 2012Located on one of the most desirable streets within the prestigious guard-gated community of Pelican Crest, you will revel in the royal treatment at this palatial estate. While large windows adorned with sumptuous fabrics provide magnificent panoramic views of the ocean, harbor, Catalina Island, golf course and city lights, the opulent, approximately 8,000 square foot interior composed of six bedrooms and six-and-one-half baths beckons you with its aura of enchantment. From ornate chandeliers, to immaculate marble flooring, you re instantly transported to a regal time and place.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $71,834
Year Built
- Built in 1999
Lot Details
- 0.4
HOA Fees
- $666 Monthly HOA Fees
Parking
- 3 Car Garage
Property Views
- White Water Ocean
- Coastline
- Bay
- Harbor
- Views of a pier
- Catalina
- Panoramic
- City Lights
- Golf Course
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 7,966 Sq Ft Home
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Double Door Entry
- French Doors
- Living Room
- Dining Room
Kitchen
- Breakfast Area or Nook
- Double Oven
- Gas Oven or Range
- Cooktop
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
Pool
- Private Pool
- Spa
Additional Features
- Outdoor Grill
- 0.4 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 16
- Tax Tract Number 15105
- Assessor Parcel Number 47308320
Community Details
Overview
- Custom
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2012
Closed on
Nov 15, 2012
Sold by
Gajiani Rafuf and Gajiani Zeenat
Bought by
Badal Tawakul Shah Shah
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Holland Ashrafnia
Christie's International Real Estate SoCal
List Price
$6,675,000
Sold Price
$5,600,000
Premium/Discount to List
-$1,075,000
-16.1%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,791,278
Avg. Annual Appreciation
4.37%
Purchase Details
Closed on
Apr 16, 1998
Sold by
Irvine Community Development Company
Bought by
Gajiani Rauf and Gajiani Zeenat
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.18%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Badal Tawakul Shah Shah | $5,550,000 | None Available | |
| Gajiani Rauf | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shah Badal Tawakul Shah | $965,000 | |
| Closed | Badal Tawakul Shah Shah | $3,000,000 | |
| Closed | Badal Tawakul Shah Shah | $2,500,000 | |
| Previous Owner | Gajiani Rauf | $4,000,000 | |
| Previous Owner | Gajiani Rauf | $4,000,000 | |
| Previous Owner | Gajiani Rauf | $1,500,000 | |
| Previous Owner | Gajiani Rauf | $2,000,000 | |
| Previous Owner | Gajiani Rauf | $925,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2012 11/15/12 | Sold | $5,600,000 | -13.2% | $703 / Sq Ft |
| 10/24/2012 10/24/12 | Pending | -- | -- | -- |
| 09/19/2012 09/19/12 | Price Changed | $6,450,000 | -3.4% | $810 / Sq Ft |
| 09/18/2012 09/18/12 | For Sale | $6,675,000 | +19.2% | $838 / Sq Ft |
| 09/05/2012 09/05/12 | Off Market | $5,600,000 | -- | -- |
| 08/13/2012 08/13/12 | Price Changed | $6,675,000 | -4.0% | $838 / Sq Ft |
| 07/06/2012 07/06/12 | For Sale | $6,950,000 | +24.1% | $872 / Sq Ft |
| 06/27/2012 06/27/12 | Off Market | $5,600,000 | -- | -- |
| 06/03/2012 06/03/12 | For Sale | $6,950,000 | -- | $872 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $71,834 | $6,834,426 | $3,424,211 | $3,410,215 |
| 2024 | $71,834 | $6,700,418 | $3,357,069 | $3,343,349 |
| 2023 | $70,242 | $6,569,038 | $3,291,244 | $3,277,794 |
| 2022 | $69,082 | $6,440,234 | $3,226,710 | $3,213,524 |
| 2021 | $67,141 | $6,313,955 | $3,163,441 | $3,150,514 |
| 2020 | $67,213 | $6,249,214 | $3,131,004 | $3,118,210 |
| 2019 | $65,998 | $6,126,681 | $3,069,612 | $3,057,069 |
| 2018 | $64,687 | $6,006,550 | $3,009,423 | $2,997,127 |
| 2017 | $64,317 | $5,888,775 | $2,950,415 | $2,938,360 |
| 2016 | $66,675 | $5,773,309 | $2,892,563 | $2,880,746 |
| 2015 | $66,157 | $5,686,589 | $2,849,114 | $2,837,475 |
| 2014 | $64,612 | $5,575,197 | $2,793,304 | $2,781,893 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fawaz
-
Holland Ashrafnia
Buyer's Agent in 2012
Holland Ashrafnia
Christie's International Real Estate SoCal
(310) 739-9432
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: U12002213
APN: 473-083-20
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