NOT LISTED FOR SALE

Estimated Value: $8,474,000 - $13,143,065

5 Beds
7 Baths
7,000 Sq Ft
$1,414/Sq Ft Est. Value

Sale Details

Date Sold: July 14, 2015

Last sale price $6,150,000 $879 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $60,727 / mo

15 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Projection Room
  • Moulton Elementary Rated A
  • Gated with Attendant
  • Heated In Ground Pool

About This Home

As of July 2015

Located in exclusive guard gated Ritz Cove one half block from Salt Creek Beach lies this magnificent 7000sf Mediterranean home, exquisitely designed. Ritz Cove is the only community nestled between the Ritz Carlton and St. Regis Five Star Resorts. This home is flawless, with magnificent curb appeal, sophistication and luxurious beauty at every turn. There are lovely Ocean views from the enormous 1200sf stunning entertaining deck, the Master Suite and the upper floor. The entertaining deck is complete with a lovely, large loggia and fireplace. The elegant and spacious great room is open to the Fabulous gourmet designer kitchen. Incredible mill work, custom cabinetry, trim detail and glass work surround you in this masterpiece of design. A nearby secondary family room with pool table, large fireplace and full bar makes entertaining a delight. An enormous Subterranean garage houses 8 automobiles in luxury. A fabulous media room enables TV or large screen movie enjoyment. A gym, elevator, office and 4-5 spacious bedrooms make your resort living complete. Hand scraped Walnut floors on the first floor are stunning, combined with magnificent stone entry. Ocean glass tiled ceilings are stunning in the circular entry rotunda and luxurious dining room.

Last Agent to Sell the Property

Suzi Dailey

Realty ONE Group West License #01746768 Listed on: 05/12/2015

Realty ONE Group West

Co-Listed By

Patrick Dailey

Realty One Group West License #01929664

Last Buyer's Agent

Diane Rollo

Realty One Group West License #01916556

Realty One Group West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 17,866 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $494 Monthly HOA Fees

Parking

  • 8 Car Garage
  • Parking Available

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stone Siding
  • Plaster

Interior Spaces

  • 7,000 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Crown Molding
  • Coffered Ceiling
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Projection Room
  • Home Theater
  • Den with Fireplace
  • Bonus Room
  • Home Gym
  • Ocean Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Fire Pit
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 13103
  • Assessor Parcel Number 67247148

Community Details

Overview

  • Ritz Cove Association

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2004 | Remodeled

Lot Details

0.41 Acres

HOA Fees

$494 per month

Parking

8

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Gated with Guard
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67247148
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7000.00
  • Interior Amenities: 2 Staircases, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Elevator, Granite Counters, Open Floorplan, Wired for Sound, Vacuum Central, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 7
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Den, Family Room, Fire Pit, Gas, Living Room, Master Bedroom, Patio
  • Levels: Three Or More
  • Price Per Square Foot: 878.57
  • Room Type: Basement, Bonus Room, Den, Family Room, Guest/Maid's Quarters, Great Room, Exercise Room, Master Bedroom, Media Room, Main Floor Bedroom, Walk-In Pantry, Projection, Walk-In Closet, Office, Home Theatre
  • Spa Features: In Ground
  • Window Features: Blinds, Custom Covering, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Ocean
  • Patio And Porch Features: Deck, Roof Top, Wrap Around
  • Pool Features: Heated, In Ground, Private, Salt Water, Waterfall
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Plaster, Stone

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Oversized, Subterranean
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Cable Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Range, Microwave, Refrigerator, Warming Drawer
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 494.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17866.00
  • Price Per Lot Square Foot: 344.23
  • Lot Size Acres: 0.4100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17866.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 101
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 47
  • Tax Tract Number: 13103

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Jun 24, 2015
Sold by
Bought by
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Diane Rollo
Realty One Group West
List Price
$6,488,000
Sold Price
$6,150,000
Premium/Discount to List
-$338,000
-5.21%
Current Estimated Value
$9,897,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,747,516
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Apr 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
0.0525%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2006
Sold by
Bought by

Purchase Details

Closed on
May 24, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,500
Interest Rate
0.0574%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,783,000
Interest Rate
0.0708%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 8, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,150,000 Chicago Title Company
$5,750,000 California Title Company
-- Lsi
-- Lsi
-- None Available
-- None Available
$5,345,000 North American Title Co
-- --
$1,200,000 --
$936,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,130,000
Previous Owner $3,750,000
Previous Owner $534,500
Previous Owner $3,741,500
Previous Owner $1,000,000
Previous Owner $1,500,000
Previous Owner $1,783,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2015 07/14/15 Sold $6,150,000 -5.2% $879 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $6,488,000 -- $927 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $75,653 $7,280,353 $4,646,734 $2,633,619
2024 $75,653 $7,137,601 $4,555,621 $2,581,980
2023 $74,318 $6,997,649 $4,466,296 $2,531,353
2022 $72,849 $6,860,441 $4,378,722 $2,481,719
2021 $70,301 $6,725,923 $4,292,865 $2,433,058
2020 $69,103 $6,656,957 $4,248,847 $2,408,110
2019 $67,701 $6,526,429 $4,165,536 $2,360,893
2018 $66,291 $6,398,460 $4,083,859 $2,314,601
2017 $65,004 $6,273,000 $4,003,783 $2,269,217
2016 $63,797 $6,150,000 $3,925,277 $2,224,723
2015 $65,931 $6,374,944 $3,835,449 $2,539,495
2014 $64,728 $6,250,068 $3,760,318 $2,489,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15102084

California Regional Multiple Listing Service (CRMLS)

APN: 672-471-48

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