NOT LISTED FOR SALE

Estimated Value: $4,112,000 - $19,413,245

6 Beds
8 Baths
8,400 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $7,800,000 $929 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $63,723/month

13 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Open Floorplan
  • Newport Coast Elementary School Rated A
  • In Ground Pool
  • Maid or Guest Quarters

About This Home

As of December 2014

Welcome... To the perfect combination of luxury and privacy. This magnificent gated private entrance allows for the perfect getaway complete with splendid ocean views as your continual backdrop. The beauty and grace of an aquarium full of Exotic colored fish can be enjoyed as you make your way toward the formal living room. The main floor offers a Formal Oval Dining Room, Home Theater with seating for sight, Spacious Private Bedroom with Ensuite Bath & Kitchenette; perfect for any visiting house guest and floor-to-ceiling panoramic views. A dream ultimate functioning Chef's Kitchen overlooks a family room paired with dark wood, built in bookshelves and a wrap around wet bar. Working from a Home Office showcases beautiful dark wood with exquisite bookshelves for your own library. The Master Bedroom retreat with walls of windows puts the view on permanent display. Enjoy the fireplace as it lends warmth and ambiance in this Master. Beautiful His & Her's Master Closet leads to your

Last Agent to Sell the Property

Stephany Chen

Douglas Elliman of California, Inc. License #01939248 Listed on: 11/01/2014

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,769

Year Built

  • Built in 1999

Lot Details

  • 0.45 Acre Lot
  • Wrought Iron Fence
  • Property is zoned check with titl

Parking

  • 6 Car Garage

Property Views

  • Ocean
  • Coastline
  • Harbor
  • Catalina
  • City Lights
  • Pool

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Spanish Tile Roof

Interior Spaces

  • 8,400 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • French Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • 8 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Security Service

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 47308321

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,769

Year Built

Built in 1999

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: NAN26
  • View: Yes
  • Zoning: check with titl
  • Architectural Style: Contemporary, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47308321
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8400.00
  • Interior Amenities: Elevator, Open Floorplan
  • Stories: 3
  • Entry Location: Ground Level - No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 928.57
  • Room Type: Basement, Family Room, Formal Entry, Guest/Maid's Quarters, Home Theatre, Living Room, Master Bedroom, Walk-In Closet, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Catalina, City Lights, Coastline, Harbor, Ocean, Pool
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Microwave, Oven, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Security
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 19654.00
  • Lot Size Acres: 0.4500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19654.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract: 15105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Driscoll James Arthur and Buchan Jane Melissa
Bought by
Driscoll James Arthur and Buchan Jane Melissa
Current Estimated Value
$10,184,311

Purchase Details

Listed on
Nov 1, 2014
Closed on
Nov 17, 2014
Sold by
You Hai
Bought by
Driscoll James Arthur and Buchan Jane Melissa
Seller's Agent
Stephany Chen
Douglas Elliman of California, Inc.
List Price
$8,800,000
Sold Price
$7,800,000
Premium/Discount to List
-$1,000,000
-11.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Ulrich David A and Ulrich Debra L
Bought by
You Hai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 27, 2009
Sold by
Fraser Rly I and Fraser Diane P
Bought by
Ulrich David A and Ulrich Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Interest Rate
5.37%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 25, 2008
Sold by
Infinity Funding Corp
Bought by
Fraser Roy I and Fraser Diane P

Purchase Details

Closed on
Jan 5, 2008
Sold by
Patel Balubhai and Patel Hiravantiben
Bought by
Infinity Funding Corp

Purchase Details

Closed on
Feb 17, 2006
Sold by
Spenuzza Richard and Spenuzza Patricia
Bought by
Patel Balubhai and Patel Hiravantiben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 2004
Sold by
Spenuzza Richard and Spenuzza Patricia
Bought by
Spenuzza Richard and Spenuzza Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,854,500
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1999
Sold by
Ibar Development Llc
Bought by
Spenuzza Richard and Spenuzza Patricia

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
2.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Driscoll James Arthur -- None Available
Driscoll James Arthur $7,800,000 California Title Company
You Hai $7,000,000 Lawyers Title
Ulrich David A $7,050,000 Lawyers Title
Fraser Roy I -- None Available
Infinity Funding Corp -- None Available
Patel Balubhai -- Orange Coast Title Company
Spenuzza Richard -- Diversified Title
Spenuzza Richard $3,900,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner You Hai $4,200,000
Previous Owner Ulrich David A $4,900,000
Previous Owner Patel Balubhai $720,000
Previous Owner Patel Balubhai $30,000
Previous Owner Patel Balubhai $570,000
Previous Owner Spenuzza Richard $4,854,500
Previous Owner Spenuzza Richard $2,350,000
Previous Owner Spenuzza Richard $500,000
Previous Owner Spenuzza Richard $3,893,000
Previous Owner Spenuzza Richard $3,360,000
Previous Owner Spenuzza Richard $3,015,000
Previous Owner Spenuzza Richard $500,000
Previous Owner Spenuzza Richard $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2014 12/05/14 Sold $7,800,000 -11.4% $929 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
11/01/2014 11/01/14 For Sale $8,800,000 +25.7% $1,048 / Sq Ft
01/23/2014 01/23/14 Sold $7,000,000 -3.4% $833 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $7,250,000 0.0% $863 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
11/06/2013 11/06/13 Price Changed $7,250,000 -5.8% $863 / Sq Ft
07/26/2013 07/26/13 For Sale $7,700,000 0.0% $917 / Sq Ft
06/23/2012 06/23/12 Rented $19,500 -7.1% --
06/23/2012 06/23/12 Under Contract -- -- --
04/24/2012 04/24/12 For Rent $21,000 -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $98,769 $9,374,432 $6,362,340 $3,012,092
2024 $98,769 $9,190,620 $6,237,588 $2,953,032
2023 $96,552 $9,010,412 $6,115,282 $2,895,130
2022 $94,958 $8,833,738 $5,995,375 $2,838,363
2021 $92,517 $8,660,528 $5,877,819 $2,782,709
2020 $92,344 $8,571,725 $5,817,549 $2,754,176
2019 $90,600 $8,403,652 $5,703,479 $2,700,173
2018 $88,794 $8,238,875 $5,591,646 $2,647,229
2017 $87,994 $8,077,329 $5,482,006 $2,595,323
2016 $89,816 $7,918,950 $5,374,515 $2,544,435
2015 $89,152 $7,800,000 $5,293,784 $2,506,216
2014 $80,877 $7,071,920 $4,684,124 $2,387,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-314033012

Pasadena-Foothills Association of REALTORS®

APN: 473-083-21