Seller's Agent in 2012
John Cain
Pacific Sothebys
(714) 655-8940
58 in this area
214 Total Sales
7 Offshore Newport Coast, CA 92657
Crystal Cove NeighborhoodEstimated Value: $5,743,000 - $18,148,356
4
Beds
4.5
Baths
7,000
Sq Ft
$1,681/Sq Ft
Est. Value
Highlights
- Ocean View
- Private Pool
- Wood Flooring
- El Morro Elementary School Rated A+
- Primary Bedroom Suite
- Main Floor Bedroom
About This Home
As of December 2012Former Seacrest Plan 2Bx Model! Incredibly-upgraded and meticulously maintained, this authentic Tuscan Farmhouse is one of Crystal Cove's most coveted gems and boasts one of the widest view corridors in the entire community--encompassing the beautiful blue Pacific, San Clemente and Catalina Islands, harbor landscape, city lights, Palos Verdes, and beyond. The home lives beautifully on three levels and features a generous ground floor master suite, three additional guest bedrooms, bonus room, covered loggia, and a third-story wine tasting room with spectacular views. Inside the home, designer finishes abound, including several sets of gorgeous French doors, waxed oak Richard Marshall floors, exotic stone selections, artisan-quality light fixtures, rustic rock wall in the primary kitchen, fully-equipped caterer's kitchen, top-of-the line Sub Zero, Viking, and Wolf appliances, and a whole-audio/visual/security system, including 13 surveillance cameras.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $98,440
Year Built
- Built in 2006
Lot Details
- 0.43
Parking
- 2 Car Garage
Property Views
- Ocean
- Coastline
- Harbor
- Catalina
- Panoramic
Home Design
- Spanish Tile Roof
- Clay Roof
- Stone Siding
- Plaster
Interior Spaces
- 7,000 Sq Ft Home
- Crown Molding
- Fireplace
- French Doors
- Family Room Off Kitchen
- Living Room
- Dining Room
- Home Gym
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Double Oven
- Gas Oven or Range
- Cooktop with Range Hood
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Suite
Laundry
- Laundry Room
- Laundry in Kitchen
Pool
- Private Pool
- Spa
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
Additional Features
- Enclosed patio or porch
- 0.43 Acre Lot
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 16482
- Assessor Parcel Number 48910124
Community Details
Overview
- Property has a Home Owners Association
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2014
Sold by
Lee James W and Lee Jennifer Gim
Bought by
Lee Family Trust
Current Estimated Value
Purchase Details
Listed on
Nov 7, 2012
Closed on
Nov 30, 2012
Sold by
Showcase Home Rentals Llc
Bought by
Lee James W and Lee Jennifer Gim
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$7,250,000
Sold Price
$7,100,000
Premium/Discount to List
-$150,000
-2.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$710,000
Interest Rate
3.27%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 29, 2008
Sold by
Wong Sophia
Bought by
Offshore Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,600,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2007
Sold by
Offshore Investments Llc
Bought by
Wong Sophia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,530,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2007
Sold by
Wong Sophia
Bought by
Offshore Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,208
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 6, 2006
Sold by
Wl Homes Llc
Bought by
Wong Sophia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,208
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Family Trust | -- | None Available | |
| Lee James W | $7,100,000 | Calcounties Title Nation | |
| Offshore Investments Llc | -- | Orange Coast Title Company | |
| Wong Sophia | -- | Orange Coast Title Co | |
| Offshore Investments Llc | -- | None Available | |
| Wong Sophia | $7,844,500 | Fidelity National Title-Buil |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Family Trust | $8,615,000 | |
| Closed | Lee James W | $3,957,650 | |
| Closed | Lee James W | $3,980,057 | |
| Closed | Lee James W | $1,300,000 | |
| Closed | Lee James W | $710,000 | |
| Closed | Lee James W | $4,260,000 | |
| Previous Owner | Offshore Investments Llc | $5,600,000 | |
| Previous Owner | Wong Sophia | $5,530,000 | |
| Previous Owner | Wong Sophia | $392,208 | |
| Previous Owner | Wong Sophia | $5,490,912 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2012 12/12/12 | Sold | $7,100,000 | -2.1% | $1,014 / Sq Ft |
| 11/16/2012 11/16/12 | Pending | -- | -- | -- |
| 11/07/2012 11/07/12 | For Sale | $7,250,000 | -- | $1,036 / 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 |
|---|---|---|---|---|
| 2025 | $98,440 | $9,130,346 | $6,930,732 | $2,199,614 |
| 2024 | $98,440 | $8,951,320 | $6,794,835 | $2,156,485 |
| 2023 | $96,359 | $8,775,804 | $6,661,603 | $2,114,201 |
| 2022 | $94,264 | $8,603,730 | $6,530,983 | $2,072,747 |
| 2021 | $92,602 | $8,435,030 | $6,402,925 | $2,032,105 |
| 2020 | $91,764 | $8,348,540 | $6,337,271 | $2,011,269 |
| 2019 | $90,535 | $8,184,844 | $6,213,011 | $1,971,833 |
| 2018 | $88,837 | $8,024,357 | $6,091,187 | $1,933,170 |
| 2017 | $88,158 | $7,867,017 | $5,971,752 | $1,895,265 |
| 2016 | $85,967 | $7,712,762 | $5,854,659 | $1,858,103 |
| 2015 | $84,119 | $7,574,066 | $5,766,717 | $1,807,349 |
| 2014 | $80,362 | $7,210,675 | $5,653,755 | $1,556,920 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S717293
APN: 489-101-24
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