Seller's Agent in 2018
Michael Fawaz
Compass
(949) 922-7762
23 in this area
29 Total Sales
5 Veranda Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $5,592,710 - $5,841,000
5
Beds
5.5
Baths
3,500
Sq Ft
$1,631/Sq Ft
Est. Value
Highlights
- Ocean View
- Gated with Attendant
- Primary Bedroom Suite
- Newport Coast Elementary School Rated A
- Spa
- Maid or Guest Quarters
About This Home
As of March 2018Amazing and highly sought after home in the guard gated community of Belcara. This rare Plan 4 has been expanded and recently upgraded throughout. Situated on an oversized corner lot, this unique home features spectacular canyon and ocean views from every room in the main house. This very customized floor plan features 2 bedrooms en suite on the main level, Master bedroom and an additional bedroom upstairs, and a 5th bedroom located in a detached casita. Gourmet kitchen with upgraded Wolf appliances, breakfast bar and custom cabinetry. Extremely private location with only 5 homes on a single loaded cul de sac street. Three car garage and access to all of the fabulous Pacific Ridge amenities including community pool, spa, tot-lots and lounge areas.
Home Details
Home Type
- Single Family
Year Built
- Built in 2004 | Remodeled
Lot Details
- 7,500 Sq Ft Lot
- Cul-De-Sac
- Glass Fence
- Corner Lot
- Drip System Landscaping
- Sprinkler System
HOA Fees
- $542 Monthly HOA Fees
Parking
- 3 Car Garage
- Parking Available
- Two Garage Doors
Property Views
- Ocean
- Panoramic
- City Lights
- Canyon
- Mountain
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
Interior Spaces
- 3,500 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Window Screens
- Family Room with Fireplace
- Dining Room
- Library
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Six Burner Stove
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Maid or Guest Quarters
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Gas And Electric Dryer Hookup
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Spa
- Balcony
- Exterior Lighting
- Rain Gutters
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 1649
- Assessor Parcel Number 47845203
Community Details
Overview
- First Residential Association, Phone Number (800) 428-5588
Recreation
- Community Pool
- Community Spa
Additional Features
- Community Barbecue Grill
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2017
Closed on
Mar 14, 2018
Sold by
Sakr Yasser and Abeelraouf Randa
Bought by
Bell Timohy Charles and Bell Ellen Sue
Seller's Agent
Michael Fawaz
Compass
Buyer's Agent
Paula Pelton
Coldwell Banker Res. Brokerage
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%
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
$2,608,237
Avg. Annual Appreciation
8.07%
Original Mortgage
$2,325,000
Outstanding Balance
$1,949,043
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,759,194
Purchase Details
Listed on
Jun 4, 2014
Closed on
Jun 10, 2014
Sold by
Rainwater Gary L and Hsu Chai Lin
Bought by
Sakr Yasser and Abdelraouf Randa
Seller's Agent
Jason C Bradshaw
Coldwell Banker Realty
Buyer's Agent
Michael Fawaz
Compass
List Price
$2,395,000
Sold Price
$2,349,000
Premium/Discount to List
-$46,000
-1.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$1,290,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 24, 2007
Sold by
Sclafani Anthony S and Sclafani Debra H
Bought by
Rainwater Gary L and Hsu Chai Lin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 3, 2006
Sold by
Sclafani Anthony S and Sclafani Debra H
Bought by
Sclafani Anthony S and Sclafani Debra H
Purchase Details
Closed on
Jun 28, 2004
Sold by
Taylor Woodrow Homes Inc
Bought by
Sclafani Anthony S and Sclafani Debra H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$974,050
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Bell Timohy Charles | $3,100,000 | None Available | |
| Sakr Yasser | $2,349,000 | Western Resources Title Co | |
| Rainwater Gary L | $2,189,000 | United General Title Ins Co | |
| Sclafani Anthony S | -- | None Available | |
| Sclafani Anthony S | $1,299,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bell Timohy Charles | $2,325,000 | |
| Previous Owner | Sakr Yasser | $1,290,000 | |
| Previous Owner | Rainwater Gary L | $700,000 | |
| Previous Owner | Sclafani Anthony S | $974,050 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2018 03/19/18 | Sold | $3,100,000 | -4.6% | $886 / Sq Ft | |
| 02/02/2018 02/02/18 | Pending | -- | -- | -- | |
| 01/02/2018 01/02/18 | For Sale | $3,250,000 | +4.8% | $929 / Sq Ft | |
| 12/19/2017 12/19/17 | Off Market | $3,100,000 | -- | -- | |
| 11/12/2017 11/12/17 | Price Changed | $3,250,000 | -4.3% | $929 / Sq Ft | |
| 10/31/2017 10/31/17 | For Sale | $3,395,000 | +44.5% | $970 / Sq Ft | |
| 07/15/2014 07/15/14 | Sold | $2,349,000 | -1.9% | $712 / Sq Ft | View Prior Sale |
| 06/08/2014 06/08/14 | Pending | -- | -- | -- | |
| 06/04/2014 06/04/14 | For Sale | $2,395,000 | -- | $726 / 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 | $39,373 | $3,527,270 | $2,671,332 | $855,938 |
| 2024 | $39,373 | $3,458,108 | $2,618,953 | $839,155 |
| 2023 | $38,588 | $3,390,302 | $2,567,601 | $822,701 |
| 2022 | $37,634 | $3,323,826 | $2,517,256 | $806,570 |
| 2021 | $37,007 | $3,258,653 | $2,467,898 | $790,755 |
| 2020 | $36,904 | $3,225,240 | $2,442,593 | $782,647 |
| 2019 | $36,692 | $3,162,000 | $2,394,699 | $767,301 |
| 2018 | $29,561 | $2,481,168 | $1,736,970 | $744,198 |
| 2017 | $29,603 | $2,432,518 | $1,702,912 | $729,606 |
| 2016 | $28,519 | $2,384,822 | $1,669,522 | $715,300 |
| 2015 | $27,833 | $2,349,000 | $1,644,444 | $704,556 |
| 2014 | $26,496 | $2,237,275 | $1,480,941 | $756,334 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fawaz
-
Paula Pelton
Buyer's Agent in 2018
Paula Pelton
Coldwell Banker Res. Brokerage
(949) 667-1940
32 Total Sales
-
T
Buyer Co-Listing Agent in 2018
Tom Pelton
Coldwell Banker Realty
-
Jason C Bradshaw
Seller's Agent in 2014
Jason C Bradshaw
Coldwell Banker Realty
(949) 759-5744
13 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17246789
APN: 478-452-03
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