NOT LISTED FOR SALE

Estimated Value: $3,988,000 - $15,886,854

4 Beds
5.5 Baths
6,900 Sq Ft
$1,420/Sq Ft Est. Value

Last Sold October 10, 2012

Last sale price $5,655,000 $820 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $58,418/month

909 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Spa
  • Newport Coast Elementary School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of October 2012

Panoramic ocean, harbor and city lights views highlight this Fari designed home on a premium Pelican Crest lot. Light and bright with an open floor plan that features ocean or patio views from nearly every room, this home exudes comfort and elegance at the same time. From the expansive foyer entry with tasteful marble flooring to the high ceilings, winding staircase, custom cabinetry and mouldings, no detail has been left out. Features include an expansive master suite with fireplace, panoramic views and seperate wings, a theater room, wine cellar, office with custom built-ins, an elevator and an enormous garage. This has been a second home and very lightly used. Ready to close on a moment's notice.

Last Agent to Sell the Property

Joanne Perkins

Surterre Properties Inc. License #00571006 Listed on: 10/05/2011

Surterre Properties Inc.

Last Buyer's Agent

Lorraine Bader

Lorraine Bader, Broker License #00956771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,693

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Masonry wall
  • Property is zoned R1

Parking

  • 5 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Shake Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 6,900 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Fireplace With Gas Starter
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room Off Kitchen
  • Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Outdoor Features

  • Spa
  • Enclosed Patio or Porch
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 15205
  • Assessor Parcel Number 47311106

Community Details

Overview

  • Association Phone (949) 632-3993

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,693

Year Built

Built in 2001

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-717-7280
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Gated Community, Gated with Guard
  • Subdivision Name Other: Pelican Crest
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47311106
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6900.00
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Area, Family Kitchen, Dining Room
  • Fireplace Features: Gas Starter
  • Levels: Three Or More
  • Price Per Square Foot: 819.57
  • Room Type: Den, Family Room, Foyer, Main Floor Bedroom, Master Suite, Wine Cellar
  • Spa Features: Private

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Masonry
  • Patio And Porch Features: Covered, Enclosed
  • Pool Private: No
  • Roof: Concrete, Shake
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Door Opener, Oversized, Subterranean
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Barbecue, Built-In, Double Oven, Dishwasher, Gas Cooking, Range, Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 464.00
  • Association #2 Fee: 241.00
  • Phone: 949-632-3993
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 14870.00
  • Lot Size Acres: 0.3410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14870.0000 Square Feet

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 15205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Abel Olivia R and The Abel 2014 Community Proper
Bought by
Abel Olivia R and Olivla Ruth Chami Living Trust
Current Estimated Value
$9,796,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,510,000
Outstanding Balance
$3,196,785
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$7,200,368

Purchase Details

Closed on
Oct 26, 2016
Sold by
Abel Howard L and Abel Olivia R
Bought by
Abel Howard L and Abel Olivia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,951,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 23, 2014
Sold by
Abel Howard L and Abel Olivia R
Bought by
Abel 2014 Community Property Trust

Purchase Details

Closed on
Jul 23, 2013
Sold by
Abel Howard L
Bought by
Abel Olivia R

Purchase Details

Listed on
Oct 5, 2011
Closed on
Oct 10, 2012
Sold by
Cooper Family Revocable Trust
Bought by
Abel Howard L and The Howard L Abel Family Trust
Seller's Agent
Joanne Perkins
Surterre Properties Inc.
Buyer's Agent
Lorraine Bader
Lorraine Bader, Broker
List Price
$7,100,000
Sold Price
$5,655,000
Premium/Discount to List
-$1,445,000
-20.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$3,950,500
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 2006
Sold by
The Larry E Noggle Family Trust
Bought by
The Cooper Family Revocable Trust

Purchase Details

Closed on
Jan 21, 1999
Sold by
Shimla Coast Homes
Bought by
Noggle Lawrence E and Lawrence E Noggle Family Trust
Source: Public Records

Range of Values:

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Average Value
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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
Abel Olivia R -- Stewart Title Of Ca Inc
Abel Howard L -- Ticor Title Company Of Ca
Abel 2014 Community Property Trust -- None Available
Abel Howard L -- None Available
Abel Howard L -- None Available
Abel Olivia R -- None Available
Abel Howard L $5,655,000 First American Title Ins Co
The Cooper Family Revocable Trust $6,700,000 California Title Company
Noggle Lawrence E -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abel Olivia R $3,510,000
Closed Abel Howard L $3,951,000
Closed Abel Howard L $3,950,500
Previous Owner Noggle Larry E $1,207,000
Previous Owner Noggle Larry E $1,207,000
Previous Owner Noggle Larry E $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2012 10/10/12 Sold $5,655,000 -8.8% $820 / Sq Ft
08/17/2012 08/17/12 Price Changed $6,200,000 -9.5% $899 / Sq Ft
02/01/2012 02/01/12 Price Changed $6,850,000 -3.5% $993 / Sq Ft
10/06/2011 10/06/11 For Sale $7,100,000 +25.6% $1,029 / Sq Ft
10/06/2011 10/06/11 Off Market $5,655,000 -- --
03/11/2010 03/11/10 For Sale $7,100,000 -- $1,029 / 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
2025 $74,693 $7,093,099 $3,837,172 $3,255,927
2024 $74,693 $6,954,019 $3,761,933 $3,192,086
2023 $72,960 $6,817,666 $3,688,169 $3,129,497
2022 $71,755 $6,683,987 $3,615,852 $3,068,135
2021 $69,414 $6,552,929 $3,544,953 $3,007,976
2020 $69,809 $6,485,737 $3,508,604 $2,977,133
2019 $68,540 $6,358,566 $3,439,808 $2,918,758
2018 $67,177 $6,233,889 $3,372,361 $2,861,528
2017 $67,442 $6,106,056 $3,306,236 $2,799,820
2016 $69,481 $5,986,330 $3,241,408 $2,744,922
2015 $68,982 $5,896,410 $3,192,719 $2,703,691
2014 $67,230 $5,770,883 $3,130,178 $2,640,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004257

California Regional Multiple Listing Service (CRMLS)

APN: 473-111-06