NOT LISTED FOR SALE

Estimated Value: $7,059,000 - $10,858,953

5 Beds
6.5 Baths
6,200 Sq Ft
$1,394/Sq Ft Est. Value

Sale Details

Date Sold: July 29, 2021

Last sale price $7,425,000 $1,198 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $53,804 / mo

6 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Home Theater
  • Moulton Elementary Rated A
  • 24-Hour Security
  • 5-minute walk to Salt Creek Beach Bluff Park

About This Home

As of July 2021

Truly an outstanding custom residence located in the 24-hour guard gated community of Ritz Cove! 5 bedrooms, main floor office, 7 bathrooms, and some of the most dramatic coastline views displaying the most incredible sunsets and full on view of Catalina Island! The custom renovation of this residence includes a complete gourmet kitchen with a 6-burner Wolf range, microwave, 2 dishwashers, multiple sinks, warming drawer, wine cooler, triple reverse osmosis water in kitchen, pantry area, and varying counter tops of travertine, marble and granite! Two of the 5 fireplaces were custom made on site, new travertine flooring throughout main level, "concertina" doors along west side of home, fully paneled library with fireplace, outdoor water feature, and full bath. Venetian plaster, newer stair treads, fixers and wainscoting. Master suite has marble flooring, Jacuzzi type tub, fireplace, 2 vanities and 2 toilets, and a "most generous" walk in closet. Lower level consists of theater room with surround sound, exercise room, and a guest suite with bath and steam shower. Walk out to lower level to a pebble tech pool & spa (WIFI controlled), outdoor BBQ, & incredible ocean view patios! 3-car garage contains tile flooring and extra storage. Add'l features include all upstairs bedrooms are en-suite, whole house water filtration system & speaker system, alarm system, a wine room w/storage, and much more! Tremendous ocean & coastal views, walk to Salt Creek Beach and the Ritz Carlton!

Last Agent to Sell the Property

Robert Wolff

Harcourts Prime Properties License #01053562 Listed on: 06/15/2021

Harcourts Prime Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 8,820 Sq Ft Lot
  • Fenced
  • Stucco Fence
  • Corner Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • On-Hand Building Permits

HOA Fees

  • $725 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Combination Of Materials Used In The Driveway
  • Driveway Up Slope From Street
  • Parking Permit Required

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Additions or Alterations
  • Spanish Tile Roof

Interior Spaces

  • 6,200 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Two Way Fireplace
  • Fireplace With Gas Starter
  • See Through Fireplace
  • Custom Window Coverings
  • Atrium Doors
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Bonus Room
  • Game Room
  • Utility Room
  • Home Gym
  • Finished Basement
  • Sump Pump
  • Attic

Kitchen

  • Eat-In Country Kitchen
  • Updated Kitchen
  • Dumbwaiter
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal
  • Instant Hot Water
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • Dressing Area
  • Fireplace in Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Pool

  • Filtered Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Gunite Spa
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Open Patio
  • Lanai
  • Exterior Lighting
  • Outdoor Grill
  • Rear Porch

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Property is near park

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 12674
  • Assessor Parcel Number 67245133

Community Details

Overview

  • Ritz Cove Association
  • Ritz Cove Subdivision

Additional Features

  • Laundry Facilities
  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1989 | Remodeled

Lot Details

8,820 Sq Ft Lot

HOA Fees

$725 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Ritz Cove (RC)
  • View: Yes
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Additions/Alterations, Building Permit, Termite Clearance, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 67245133
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6200.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Dumbwaiter, Granite Counters, High Ceilings, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Sump Pump, Sunken Living Room, Wainscoting, Wet Bar
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Atrium Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen, Country Kitchen
  • Fireplace Features: Bath, Family Room, Kitchen, Library, Living Room, Master Bedroom, Master Retreat, Gas Starter, See Through, Two Way
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1197.58
  • Room Type: Attic, Basement, Bonus Room, Converted Bedroom, Den, Dressing Area, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Game Room, Home Theatre, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Utility Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Gunite, Heated, In Ground
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Linen Closet/Storage, Privacy Toilet Door
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Deck, Lanai, Patio, Patio Open, Rear Porch
  • Pool Features: Private, Fenced, Filtered, Gunite, Heated
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway - Combination, Concrete, Driveway Up Slope From Street, Garage Faces Front, Garage - Two Door, Permit Required
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Ice Maker, Instant Hot Water, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Heating Type: Central, Natural Gas, Fireplace(s)
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Guard, Security
  • Association Fee: 725.00
  • Association Fee Frequency: Monthly
  • Association Name: Ritz Cove
  • Phone: 0000000
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Ritz Cove

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot 6500-9999, Level, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 8820.00
  • Lot Size Acres: 0.2025

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8820.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Census Tract: 423.23
  • Tax Lot: 11
  • Tax Tract Number: 12674

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

Closed on
Dec 9, 2020
Sold by
Bought by
Current Estimated Value
$8,641,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,826,250
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 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
$2,500,000
Interest Rate
4.37%
Mortgage Type
New Conventional
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
$7,425,000 Chicago Title Company
-- None Available
-- None Available
-- Chicago 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
Previous Owner $4,826,250
Previous Owner $2,500,000
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
07/29/2021 07/29/21 Sold $7,425,000 -4.7% $1,198 / Sq Ft
06/15/2021 06/15/21 For Sale $7,795,000 -- $1,257 / 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 $80,097 $7,879,469 $6,122,100 $1,757,369
2024 $80,097 $7,724,970 $6,002,059 $1,722,911
2023 $78,331 $7,573,500 $5,884,371 $1,689,129
2022 $78,021 $7,573,500 $5,974,406 $1,599,094
2021 $69,743 $6,719,450 $4,942,516 $1,776,934
2020 $68,813 $6,650,551 $4,891,837 $1,758,714
2019 $67,638 $6,520,149 $4,795,919 $1,724,230
2018 $66,420 $6,392,303 $4,701,881 $1,690,422
2017 $64,824 $6,266,964 $4,609,687 $1,657,277
2016 $61,179 $5,890,000 $4,519,301 $1,370,699
2015 $53,908 $5,201,644 $3,904,725 $1,296,919
2014 $53,965 $5,201,644 $3,904,725 $1,296,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21129433

California Regional Multiple Listing Service (CRMLS)

APN: 672-451-33

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