NOT LISTED FOR SALE

Estimated Value: $6,726,000 - $18,229,289

4 Beds
7 Baths
8,100 Sq Ft
$1,540/Sq Ft Est. Value

Last Sold August 06, 2012

Last sale price $6,600,000 $815 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $76,631/month

56 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Mediterranean Architecture
  • Newport Coast Elementary School Rated A
  • Wood Flooring
  • Central Heating and Cooling System

About This Home

As of August 2012

This wonderful ocean view estate brings the beauty of Italian style to Pelican Hill. Embracing a very private front row location with views over Pelican Hill's 7th green to the Harbor, Pacific & Catalina, the 4 bed, 5 and 1/2 bath residence has been designed in the classical style of an Italian villa. A graceful staircase leading to the entry courtyard creates a romantic first impression that never fades. Spacious rooms adorned in European finishes, including groin vaults hand-painted with frescoes, artisan stone work, carved stone fireplaces, custom silk window coverings, elevator, wine cellar, a true gourmet kitchen complemented by professional-grade appliances, slab granite counters, custom cabinetry. Inviting family room offers a large limestone fireplace, full bar & state-of-the-art entertainment area which opens to a covered loggia. Ocean view master includes a retreat w/fireplace, office and spa bath.

Last Listed By

Rex Mckown

Compass License #01275953 Listed on: 05/24/2012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $85,462

Year Built

  • Built in 2001

Lot Details

  • 0.48 Acre Lot

Parking

  • 4 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 8,100 Sq Ft Home
  • Elevator
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Dining Room
  • Library with Fireplace

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • Custom

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 14249
  • Assessor Parcel Number 47307110

Home Details

Home Type

Single Family

Est. Annual Taxes

$85,462

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-689-5018
  • Property Attached: No
  • Subdivision Name Other: Pelican Hill
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47307110
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8100.00
  • Interior Amenities: Elevator
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Electric, Gas, Library, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 814.81
  • Spa Features: Private

Exterior Features

  • Patio: No
  • View: Catalina, City Lights, Coastline, Golf Course, Harbor, Ocean
  • Fence: No
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 728.00
  • Phone: 9999999999
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 20860.00
  • Lot Size Acres: 0.4790

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 20860.0000 Square Feet

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 14249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Leon Eleanor Ann De
Bought by
Leon Eleanor Ann De and The Eleanor Ann De Leon Revocable Trust
Total Days on Market
56
Current Estimated Value
$12,477,645

Purchase Details

Listed on
May 24, 2012
Closed on
Jul 23, 2012
Sold by
Bright H David
Bought by
Pelican Hill Holdings Llc
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Kathryn White
Coldwell Banker Realty
List Price
$7,995,000
Sold Price
$6,600,000
Premium/Discount to List
-$1,395,000
-17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%

Purchase Details

Closed on
Apr 2, 2002
Sold by
Bright H David H and Bright Kathleen Ann
Bought by
Schoenbaum Kathleen Bright and Schoenbaum Kathleen Bright

Purchase Details

Closed on
Jun 27, 2001
Sold by
Bright H David
Bought by
Bright H David and H David Bright Trust

Purchase Details

Closed on
May 28, 1996
Sold by
The Irvine Company
Bought by
Bright H David

Purchase Details

Closed on
May 24, 1996
Sold by
Bright Cynthia P
Bought by
Bright H David

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Home in Newport Coast, CA

  • 1 Gallery Place, Newport Coast, CA 92657

    $11,295,000

    • 6 Beds
    • 6.5 Baths
    • 7,446 Sq Ft
    • 1 Gallery Place
    • Newport Coast, CA

    Discover your dream estate within the prestigious, gated enclave of Pelican Hill, where breathtaking ocean and golf course views adorn an elevated homesite spanning approximately 21,000 square feet at the end of a tranquil cul-de-sac. Approved architectural plans by renowned architect James Conrad and exquisite interior design by Morrison Interiors unveil a conceptual vision of an appx.

    Amy Calvert Coldwell Banker Realty

    Section Image

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
Leon Eleanor Ann De -- None Available
Deleon Eleanor Ann -- None Available
Pelican Hill Holdings Llc $5,795,000 Stewart Title Irvine
Schoenbaum Kathleen Bright -- California Title Company
Bright H David -- --
Bright H David -- --
Bright H David -- --
Bright H David -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bright H David $2,000,000
Previous Owner Bright H David $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2012 08/06/12 Sold $6,600,000 -5.6% $815 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
05/24/2012 05/24/12 Price Changed $6,995,000 -12.5% $864 / Sq Ft
05/24/2012 05/24/12 For Sale $7,995,000 -- $987 / 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
2024 $85,462 $7,968,066 $4,384,828 $3,583,238
2023 $83,554 $7,811,830 $4,298,851 $3,512,979
2022 $82,175 $7,658,657 $4,214,559 $3,444,098
2021 $80,103 $7,508,488 $4,131,921 $3,376,567
2020 $79,931 $7,431,498 $4,089,553 $3,341,945
2019 $78,449 $7,285,783 $4,009,366 $3,276,417
2018 $76,888 $7,142,925 $3,930,751 $3,212,174
2017 $76,554 $7,002,868 $3,853,677 $3,149,191
2016 $77,225 $6,865,557 $3,778,114 $3,087,443
2015 $76,601 $6,762,430 $3,721,363 $3,041,067
2014 $74,826 $6,629,964 $3,648,467 $2,981,497
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12002082

California Regional Multiple Listing Service (CRMLS)

APN: 473-071-10