7 Currents Newport Coast, CA 92657
Crystal Cove Neighborhood
4
Beds
4.5
Baths
6,300
Sq Ft
0.48
Acres
Highlights
- Ocean View
- 24-Hour Security
- In Ground Spa
- El Morro Elementary School Rated A+
- Home Theater
- Outdoor Fireplace
About This Home
As of June 2023Incredibly rare single level semi-custom residence with an unmatched level of detail. Designed in the traditional Santa Barbara style, the stately compound features private interior courtyards with tranquil water features and outdoor fireplace, covered loggia, and a beautifully landscaped rear yard with serene gardens, saltwater spa, built-in barbeque and sensational views of the ocean and Catalina Island. The residence is comprised of generous four bedrooms suites, one of which is a dual room detached casita, large powder bathroom, great room with soaring beamed ceilings and groin vault detail, two kitchens, and a media with built-in entertainment center and three high definition televisions. Other notable attributes of this stunning home include whole house audio/visual system, central vacuum, and garaging for four vehicles.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $132,867
Year Built
- Built in 2007
Lot Details
- 0.48 Acre Lot
- Level Lot
HOA Fees
- $615 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Catalina
- Panoramic
Home Design
- Spanish Architecture
- Turnkey
- Brick Exterior Construction
- Slab Foundation
- Spanish Tile Roof
- Clay Roof
- Stucco
Interior Spaces
- 6,300 Sq Ft Home
- Central Vacuum
- Beamed Ceilings
- High Ceiling
- French Doors
- Family Room with Fireplace
- Dining Room with Fireplace
- Home Theater
- Tile Flooring
- Home Security System
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Cooktop
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Pool
- In Ground Spa
- Private Pool
Outdoor Features
- Outdoor Fireplace
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 16482
- Assessor Parcel Number 48910111
Community Details
Recreation
- Community Pool
Additional Features
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2023
Closed on
May 9, 2023
Sold by
Survivors Trust
Bought by
Pauluzzi Family Trust and Pauluzzi
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
Melody Smith
Anvil Real Estate
List Price
$13,500,000
Sold Price
$12,000,000
Premium/Discount to List
-$1,500,000
-11.11%
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$901,837
Avg. Annual Appreciation
-8.37%
Original Mortgage
$4,500,000
Outstanding Balance
$4,389,327
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$5,546,569
Purchase Details
Closed on
Apr 24, 2014
Sold by
Perley Howard
Bought by
Perley Howard and Perley Family Trust
Purchase Details
Listed on
Aug 19, 2013
Closed on
Sep 4, 2013
Sold by
Mosen Carl and Mosen Barbara
Bought by
Perley Howard and Perley Family Trust
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$7,895,000
Sold Price
$7,200,000
Premium/Discount to List
-$695,000
-8.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Purchase Details
Closed on
Aug 25, 2010
Sold by
Mosen Carl M and Mosen Barbara J
Bought by
Mosen Carl and Mosen Barbara
Purchase Details
Closed on
May 11, 2007
Sold by
Wl Homes Llc
Bought by
Mosen Carl M and Mosen Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $12,000,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $7,200,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $7,000,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,500,000 | New Conventional | |
| Previous Owner | $4,000,000 | New Conventional | |
| Previous Owner | $4,000,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $12,000,000 | -4.0% | $1,905 / Sq Ft |
| 05/02/2023 05/02/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | Price Changed | $12,500,000 | -7.4% | $1,984 / Sq Ft |
| 03/27/2023 03/27/23 | For Sale | $13,500,000 | +87.5% | $2,143 / Sq Ft |
| 09/30/2013 09/30/13 | Sold | $7,200,000 | -8.8% | $1,143 / Sq Ft |
| 08/30/2013 08/30/13 | Pending | -- | -- | -- |
| 08/19/2013 08/19/13 | For Sale | $7,895,000 | +9.7% | $1,253 / Sq Ft |
| 08/13/2013 08/13/13 | Off Market | $7,200,000 | -- | -- |
| 06/22/2013 06/22/13 | Price Changed | $7,895,000 | -6.0% | $1,253 / Sq Ft |
| 05/01/2013 05/01/13 | For Sale | $8,395,000 | -- | $1,333 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $132,867 | $12,240,000 | $10,169,308 | $2,070,692 |
| 2023 | $41,517 | $3,448,342 | $3,156,937 | $291,405 |
| 2022 | $40,453 | $3,380,728 | $3,095,036 | $285,692 |
| 2021 | $39,823 | $3,314,440 | $3,034,349 | $280,091 |
| 2020 | $39,530 | $3,280,455 | $3,003,235 | $277,220 |
| 2019 | $39,201 | $3,216,133 | $2,944,348 | $271,785 |
| 2018 | $38,501 | $3,153,072 | $2,886,616 | $266,456 |
| 2017 | $38,810 | $3,091,248 | $2,830,016 | $261,232 |
| 2016 | $37,549 | $3,030,636 | $2,774,526 | $256,110 |
| 2015 | $36,650 | $2,985,114 | $2,732,851 | $252,263 |
| 2014 | $80,349 | $7,200,000 | $5,740,635 | $1,459,365 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
John Cain
Pacific Sothebys
(714) 655-8940
59 in this area
216 Total Sales
-
Buyer's Agent in 2023
Melody Smith
Anvil Real Estate
(949) 755-6967
1 in this area
130 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13079005
APN: 489-101-11
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