NOT LISTED FOR SALE

Estimated Value: $4,267,000 - $5,631,000

5 Beds
5.5 Baths
3,575 Sq Ft
$1,438/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $2,650,000 $741 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $30,661/month

56 Days on Market

Highlights

  • Attached Guest House
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • In Ground Spa
  • 3-minute walk to Coastal Peak Park

About This Home

As of October 2017

Coastal European inspired home with beautiful views of the mountains, rolling hills & city lights located in the prestigious gated community of Pacific Ridge. Elegantly remodeled and updated throughout with rich hardwood floors, extensive use of custom moldings and designer details. Spacious and open floor plan with 4 Bedrooms, 4.5 Baths plus a guest casita adding another bedroom & full bath. Gourmet kitchen including marble counters & stainless appliances. Generous Master Suite with covered balcony open to the serene views. Luxurious Master Bath with marble/stone counters, dual sinks, large roman tub, separate shower & walk in closet. Mature landscaping and expansive yard..... An entertainers delight with outdoor fireplace, substantial covered loggia with bar seating & dining area, TV, built in BBQ, sink, speakers & more. Private in ground jacuzzi/spa. Community amenities include pool & spa with ocean views, BBQ's & fireplace, playgrounds & more. Conveniently located close to all freeways, schools, shopping, golf, beaches & more.

Last Agent to Sell the Property

Heather Saito

Compass License #01158918 Listed on: 06/21/2017

Compass

Last Buyer's Agent

Bin Wang

Treeline Realty & Investment License #01996855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,085

Year Built

  • Built in 2005

Lot Details

  • 6,746 Sq Ft Lot
  • Cul-De-Sac
  • Glass Fence
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back Yard
  • Property is zoned R1

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain
  • Hills
  • Valley
  • Park or Greenbelt

Home Design

  • Turnkey
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,575 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • In Ground Spa
  • Deck
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Outdoor Grill
  • Rain Gutters

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Attached Guest House
  • Property is near a park

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 16494
  • Assessor Parcel Number 47846340

Community Details

Overview

  • Pacific Ridge Association, Phone Number (800) 428-5588
  • Built by Taylor Woodrow

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,085

Year Built

Built in 2005

Lot Details

0

HOA Fees

$530 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Belcara (PRBC)
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47846340
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3575.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 741.26
  • Room Type: Den, Guest/Maid's Quarters, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, In Ground, Private
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Remodeled, Stone Counters
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House Attached
  • Exterior Features: Barbecue Private
  • View: City Lights, Hills, Mountain(s), Park/Greenbelt, Valley
  • Fence: Yes
  • Fencing: Block, Glass, Wrought Iron
  • Builder Name: Taylor Woodrow
  • Patio And Porch Features: Deck, Patio, Stone
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage Faces Front, Garage - Two Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Double Oven, Freezer, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room, Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Biking Trails, Hiking Trails, Trash, Dues Paid Monthly, Guard, Security
  • Association Fee: 530.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Ridge
  • Phone: 8004285588
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lot 6500-9999, Level, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 6746.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 56
  • Tax Tract Number: 16494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 22, 2017
Sold by
Jung Grace and Paik Grace Jung
Bought by
Paik William N
Seller's Agent
Heather Saito
Compass
Buyer's Agent
Bin Wang
Treeline Realty & Investment
List Price
$2,698,000
Sold Price
$2,650,000
Premium/Discount to List
-$48,000
-1.78%
Total Days on Market
56
Current Estimated Value
$5,142,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,492,520
Avg. Annual Appreciation
8.72%
Original Mortgage
$1,400,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 21, 2017
Closed on
Aug 18, 2017
Sold by
Lei Jie
Bought by
Yan Yunfeng
Seller's Agent
Heather Saito
Compass
Buyer's Agent
Bin Wang
Treeline Realty & Investment
List Price
$2,698,000
Sold Price
$2,650,000
Premium/Discount to List
-$48,000
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2007
Sold by
Paik Grace J
Bought by
Paik William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2005
Sold by
Taylor Woodrow Homes Inc
Bought by
Prime Michael J and Prime Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,276,045
Interest Rate
5.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Paik William N -- Lawyers Title
Yan Yunfeng -- Lawyers Title
Yan Yunfeng $2,650,000 Lawyers Title Co
Paik William N -- First American Title Co
Paik William N $2,047,500 First American Title Co
Prime Michael J $1,701,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yan Yunfeng $1,400,000
Previous Owner Paik William $1,401,559
Previous Owner Paik William N $1,000,000
Previous Owner Prime Michael J $1,276,045
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $2,650,000 -1.8% $741 / Sq Ft
06/21/2017 06/21/17 For Sale $2,698,000 -- $755 / 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 $34,085 $2,956,124 $2,088,738 $867,386
2023 $33,424 $2,898,161 $2,047,782 $850,379
2022 $32,566 $2,841,335 $2,007,630 $833,705
2021 $32,038 $2,785,623 $1,968,265 $817,358
2020 $31,985 $2,757,060 $1,948,083 $808,977
2019 $31,873 $2,703,000 $1,909,885 $793,115
2018 $31,322 $2,650,000 $1,872,436 $777,564
2017 $29,871 $2,471,604 $1,492,318 $979,286
2016 $28,781 $2,423,142 $1,463,057 $960,085
2015 $28,091 $2,386,745 $1,441,081 $945,664
2014 $26,646 $2,261,332 $1,396,064 $865,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17140439

California Regional Multiple Listing Service (CRMLS)

APN: 478-463-40