A
Seller's Agent in 2017
Andrew Karigan
Douglas Elliman Of California
54 Coral Reef Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $3,977,706 - $5,224,000
4
Beds
3
Baths
2,663
Sq Ft
$1,736/Sq Ft
Est. Value
Highlights
- 24-Hour Security
- Spa
- Panoramic View
- Newport Coast Elementary School Rated A
- Primary Bedroom Suite
- Updated Kitchen
About This Home
As of August 2017* $100K PRICE REDUCTION * Very special home with private park-like setting and panoramic canyon views in the 24 hour guard-gated Pelican Ridge development ** Front row location on a quiet cul-de-sac with no rooftops. Stylish and beautifully remodeled 4 bedroom home with downstairs bedroom and full bath. Private entry and courtyard lead you into this amazing home. The main level welcomes you with Brazilian marble flooring and mosaic inlay at entry and a spacious great room with living room / dining room combo. Gourmet kitchen, open to the family room, is appointed with granite countertops, top-of-the-line Dacor and Fisher & Paykel stainless steel appliances, custom cabinets with glass fronts and walk-in pantry. Wide plank hardwood floors upstairs with 3 bedrooms, including guest bedroom with balcony and a very spacious master bedroom with vaulted ceiling. Upgraded master bath with Travertine and marble, separate shower and bathtub, and large walk-in closet with built-ins. French doors from both family room and living room open to the large and open backyard with breathtaking views providing the perfect backdrop for entertaining family and friends. Walk the private path to a secluded park with panoramic canyon and ocean views. Minutes from Crystal Cove beaches, world famous golf at the Resort at Pelican Hill, shopping at South Coast Plaza and Orange County Airport.
Last Agent to Sell the Property
Andrew Karigan
Douglas Elliman Of California License #01427661 Listed on: 02/16/2017
Co-Listed By
Barry Knickerbocker
Douglas Elliman of California License #01192863
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,704
Year Built
- Built in 1997 | Remodeled
Lot Details
- 5,280 Sq Ft Lot
- Cul-De-Sac
- West Facing Home
- Glass Fence
- Masonry wall
- Wood Fence
- Sprinkler System
- Lawn
- Garden
- Back Yard
HOA Fees
- $630 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway
- Off-Street Parking
Property Views
- Panoramic
- City Lights
- Woods
- Canyon
- Mountain
- Hills
- Park or Greenbelt
Home Design
- Mediterranean Architecture
- Turnkey
- Slab Foundation
- Frame Construction
- Spanish Tile Roof
- Stucco
Interior Spaces
- 2,663 Sq Ft Home
- Open Floorplan
- Built-In Features
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Shutters
- Drapes & Rods
- French Doors
- Formal Entry
- Family Room with Fireplace
- Family Room Off Kitchen
- Combination Dining and Living Room
- Loft
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Walk-In Pantry
- Gas Oven
- Built-In Range
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Jack-and-Jill Bathroom
- 3 Full Bathrooms
- Granite Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Separate Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Laundry on upper level
- Gas And Electric Dryer Hookup
Outdoor Features
- Spa
- Balcony
- Concrete Porch or Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Suburban Location
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- Water Softener
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 81
- Tax Tract Number 14859
- Assessor Parcel Number 47715112
Community Details
Overview
- Pacific Ridge Association
Amenities
- Outdoor Cooking Area
- Clubhouse
Recreation
- Tennis Courts
- Community Pool
- Community Spa
- Hiking Trails
- Bike Trail
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2021
Sold by
Alemi Omeed
Bought by
Alemi Omeed and The Omeed Alemi Separate Prope
Current Estimated Value
Purchase Details
Listed on
Feb 16, 2017
Closed on
Jun 30, 2017
Sold by
Navid Ali and Khany Mitra
Bought by
Alemi Omeed
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$2,499,000
Sold Price
$2,275,000
Premium/Discount to List
-$224,000
-8.96%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$1,400,000
Outstanding Balance
$1,157,313
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,464,614
Purchase Details
Closed on
Jun 17, 2013
Sold by
Navid Ali
Bought by
Navid Ali and Khany Mitra
Purchase Details
Listed on
Jan 18, 2012
Closed on
Feb 7, 2012
Sold by
Tennant Gregory Scott and Tennant Laura G
Bought by
Navid Ali
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$1,499,000
Sold Price
$1,460,000
Premium/Discount to List
-$39,000
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$837,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 18, 2012
Closed on
Jan 24, 2012
Sold by
Navid Mitra
Bought by
Navid Ali
Seller's Agent
Andrew Karigan
Douglas Elliman Of California
Buyer's Agent
Andrew Karigan
Douglas Elliman Of California
List Price
$1,499,000
Sold Price
$1,460,000
Premium/Discount to List
-$39,000
-2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2009
Sold by
Highland Gary J
Bought by
Tennant Gregory Scott and Tennant Laura G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.2%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 19, 2006
Sold by
Highland Gary J
Bought by
Highland Gary J and Gary J Highland Trust
Purchase Details
Closed on
Jul 1, 2003
Sold by
Moon Young Bum
Bought by
Highland Gary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 27, 2003
Sold by
Highland Kayo
Bought by
Highland Gary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 18, 1996
Sold by
Greystone Homes
Bought by
Moon Young Bum
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,200
Interest Rate
3.95%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alemi Omeed | -- | None Available | |
| Alemi Omeed | $2,275,000 | California Title Company | |
| Navid Ali | -- | None Available | |
| Navid Ali | $1,440,000 | California Title | |
| Navid Ali | -- | California Title | |
| Tennant Gregory Scott | $1,450,000 | First American Title Co | |
| Highland Gary J | -- | Accommodation | |
| Highland Gary J | $1,200,000 | California Title Company | |
| Highland Gary J | -- | California Title Company | |
| Moon Young Bum | $564,500 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alemi Omeed | $402,800 | |
| Open | Alemi Omeed | $1,400,000 | |
| Previous Owner | Navid Ali | $837,000 | |
| Previous Owner | Tennant Gregory Scott | $1,108,300 | |
| Previous Owner | Tennant Gregory Scott | $150,000 | |
| Previous Owner | Tennant Gregory Scott | $1,100,000 | |
| Previous Owner | Highland Gary J | $500,000 | |
| Previous Owner | Highland Gary J | $250,000 | |
| Previous Owner | Highland Gary J | $950,000 | |
| Previous Owner | Moon Young Bum | $794,500 | |
| Previous Owner | Moon Young Bum | $704,000 | |
| Previous Owner | Moon Young Bum | $150,000 | |
| Previous Owner | Moon Young Bum | $108,438 | |
| Previous Owner | Moon Young Bum | $451,200 | |
| Closed | Highland Gary J | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2017 08/07/17 | Sold | $2,275,000 | -5.2% | $854 / Sq Ft |
| 06/28/2017 06/28/17 | Pending | -- | -- | -- |
| 04/10/2017 04/10/17 | Price Changed | $2,399,000 | -4.0% | $901 / Sq Ft |
| 02/16/2017 02/16/17 | For Sale | $2,499,000 | +71.2% | $938 / Sq Ft |
| 02/21/2012 02/21/12 | Sold | $1,460,000 | -2.6% | $552 / Sq Ft |
| 01/18/2012 01/18/12 | Pending | -- | -- | -- |
| 01/18/2012 01/18/12 | For Sale | $1,499,000 | -- | $567 / 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 | $27,704 | $2,588,560 | $2,209,205 | $379,355 |
| 2024 | $27,704 | $2,537,804 | $2,165,887 | $371,917 |
| 2023 | $27,061 | $2,488,044 | $2,123,419 | $364,625 |
| 2022 | $26,608 | $2,439,259 | $2,081,783 | $357,476 |
| 2021 | $25,726 | $2,391,431 | $2,040,964 | $350,467 |
| 2020 | $25,953 | $2,366,910 | $2,020,036 | $346,874 |
| 2019 | $25,604 | $2,320,500 | $1,980,427 | $340,073 |
| 2018 | $25,102 | $2,275,000 | $1,941,595 | $333,405 |
| 2017 | $17,905 | $1,558,454 | $1,201,682 | $356,772 |
| 2016 | $19,602 | $1,527,897 | $1,178,120 | $349,777 |
| 2015 | $19,477 | $1,504,947 | $1,160,423 | $344,524 |
| 2014 | $19,028 | $1,475,468 | $1,137,692 | $337,776 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller Co-Listing Agent in 2017
Barry Knickerbocker
Douglas Elliman of California
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
5,880 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17033056
APN: 477-151-12
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