NOT LISTED FOR SALE

Estimated Value: $3,939,000 - $6,952,000

4 Beds
2.5 Baths
2,695 Sq Ft
$1,862/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $3,500,000 $1,299 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $30,303/month

Highlights

  • Ocean View
  • Community Pool
  • Living Room
  • Newport Coast Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2024

Discover this beautifully expanded and remodeled home in the exclusive gated community of Tesoro, Newport Coast, featuring panoramic ocean views. This property showcases a unique floor plan with a versatile downstairs office space, three large bedrooms upstairs, plus a cozy loft. The chef's kitchen is a culinary dream, equipped with high-end Subzero and Viking appliances, opening up to a spacious backyard ideal for relaxation and entertainment. The home also includes a professional-grade putting green and a personal playground, enhancing outdoor living. The residence benefits from an oversized private driveway capable of accommodating three cars and two separate garages for additional storage. Tesoro residents have privileged access to the renowned Newport Coast Elementary and enjoy premium amenities such as multiple pools, including an Olympic-size pool, a newly renovated clubhouse, and engaging community events. This home's position offers a perfect vantage point for enjoying breathtaking sunsets and coastal views from the comfort of your balcony.

Last Agent to Rent the Property

Qiang Zhang

Harvest Realty Development License #01403183 Listed on: 12/14/2023

Harvest Realty Development

Last Renter's Agent

Pari Kazerooni

Prime Pacific Homes, Inc. License #01039632

Prime Pacific Homes, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,150

Year Built

  • Built in 1999

Lot Details

  • 6,232 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,695 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Additional Features

  • Rain Gutters
  • Central Air

Listing and Financial Details

  • Security Deposit $9,500
  • 12-Month Minimum Lease Term
  • Available 12/14/23
  • Tax Lot 8
  • Tax Tract Number 15493
  • Assessor Parcel Number 47811179

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Tesoro Villas Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,150

Year Built

Built in 1999

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-12-14
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 9500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Other Phone Description: PM phone
  • Other Phone Number: 6266966978
  • Property Attached: No
  • Subdivision Name Other: Tesoro Villas (TEVS)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 47811179
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2695.00 Square Feet
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.53
  • Room Type: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: Catalina, City Lights, Ocean, Panoramic
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6232.00
  • Lot Size Acres: 0.1431

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6232.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 8
  • Tax Tract Number: 15493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 11, 2023
Sold by
Tsai Living Trust
Bought by
Zhang Hongmin and Lin Yi
Seller's Agent
Iliana Tsai
Berkshire Hathaway HomeService
Buyer's Agent
Ling Luo
Real Broker
List Price
$3,450,000
Sold Price
$3,500,000
Premium/Discount to List
$50,000
1.45%
Views
65
Current Estimated Value
$5,016,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,516,773
Avg. Annual Appreciation
21.48%

Purchase Details

Closed on
Jul 14, 2021
Sold by
Tsai Jerome and Tsai Carolina
Bought by
Tsai Jerome and Tsai Iliana C

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 8, 2014
Sold by
Equity Trust Company
Bought by
Tsai Jerome and Tsai Liiana Carolina
Seller's Agent
Debra Kovacs
CENTURY 21 Affiliated
Buyer's Agent
Mary Fry
BHHS CA Properties
List Price
$1,629,000
Sold Price
$1,635,000
Premium/Discount to List
$6,000
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%
Original Mortgage
$730,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2014
Closed on
Mar 7, 2014
Sold by
U S Bank National Association
Bought by
Equity Trust Company and Zo89370 Ira
Seller's Agent
Scott Arnott
Coldwell Banker Realty
Buyer's Agent
Debra Kovacs
CENTURY 21 Affiliated
List Price
$1,395,000
Sold Price
$1,391,250
Premium/Discount to List
-$3,750
-0.27%

Purchase Details

Closed on
Oct 12, 2012
Sold by
Pollack Mark A and Pollack Odelia A
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 1, 2012
Sold by
Center Assets Llc
Bought by
Kma Holding Llc

Purchase Details

Closed on
Nov 2, 2011
Sold by
Northwest Financial Group Llc
Bought by
Center Assets Llc

Purchase Details

Closed on
May 2, 2011
Sold by
Coast Financial Services Llc
Bought by
Northwest Financial Group Llc

Purchase Details

Closed on
Feb 16, 2011
Sold by
Pollack Mark A and Pollack Odelia A
Bought by
Coast Financial Services Llc

Purchase Details

Closed on
Aug 24, 2005
Sold by
Pollack Mark A and Pollack Odelia A
Bought by
Pollack Mark A and Pollack Odelia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 9, 2003
Sold by
Pollack Odelia
Bought by
Pollack Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Katz Steven and Katz Lynn
Bought by
Pollack Mark and Pollack Odelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.24%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Brookfield Newport Coast Inc
Bought by
Katz Steven and Katz Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.94%
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
Zhang Hongmin $3,500,000 California Title Company
Tsai Jerome -- Fidelity National Title Co
Tsai Jerome $1,635,000 Fidelity National Title
Equity Trust Company $1,391,500 Accommodation
U S Bank National Association $1,262,500 None Available
Kma Holding Llc -- None Available
Center Assets Llc -- None Available
Northwest Financial Group Llc -- None Available
Coast Financial Services Llc -- None Available
Pollack Mark A -- Alliance Title
Pollack Mark -- Orange Coast Title
Pollack Mark $900,000 California Title Company
Katz Steven $586,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsai Jerome $348,600
Previous Owner Tsai Jerome $730,000
Previous Owner Pollack Mark A $725,000
Previous Owner Pollack Mark A $227,500
Previous Owner Pollack Mark A $1,225,000
Previous Owner Pollack Mark $880,000
Previous Owner Pollack Mark $400,000
Previous Owner Pollack Mark $200,000
Previous Owner Pollack Mark $80,000
Previous Owner Pollack Mark $880,000
Previous Owner Pollack Mark $650,000
Previous Owner Katz Steven $297,000
Previous Owner Katz Steven $300,000
Closed Pollack Mark $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Rented $9,500 0.0% --
12/14/2023 12/14/23 For Rent $9,500 0.0% --
11/03/2023 11/03/23 Sold $3,500,000 +1.4% $1,299 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $3,450,000 +111.0% $1,280 / Sq Ft
05/14/2014 05/14/14 Sold $1,635,000 +0.4% $678 / Sq Ft
04/23/2014 04/23/14 For Sale $1,629,000 +17.1% $676 / Sq Ft
03/27/2014 03/27/14 Sold $1,391,250 -0.3% $592 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $1,395,000 -- $594 / Sq Ft
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 $38,150 $3,570,000 $3,113,388 $456,612
2024 $38,150 $3,500,000 $3,052,341 $447,659
2023 $21,490 $1,972,506 $1,528,276 $444,230
2022 $21,128 $1,933,830 $1,498,310 $435,520
2021 $20,242 $1,895,912 $1,468,931 $426,981
2020 $20,590 $1,876,472 $1,453,869 $422,603
2019 $20,312 $1,839,679 $1,425,362 $414,317
2018 $19,713 $1,784,595 $1,397,414 $387,181
2017 $20,077 $1,749,603 $1,370,013 $379,590
2016 $21,262 $1,715,298 $1,343,150 $372,148
2015 $20,899 $1,667,667 $1,322,975 $344,692
2014 $17,283 $1,336,038 $1,022,709 $313,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23226207

California Regional Multiple Listing Service (CRMLS)

APN: 478-111-79