Seller's Agent in 2021
Paul Daftarian
Luxe Real Estate
(714) 865-5969
93 in this area
246 Total Sales
7 Overlook Dr Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $6,727,000 - $8,056,000
4
Beds
4.5
Baths
3,946
Sq Ft
$1,893/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Fitness Center
- Heated In Ground Pool
- Newport Coast Elementary School Rated A
- 24-Hour Security
- Primary Bedroom Suite
About This Home
As of June 2021Enjoy breathtaking sit-down Ocean and Coastline views by day before being enamored by expansive city light views at night. 7 Overlook encapsulates the essence of coastal living at its finest. Highlighted by multiple outdoor/indoor entertaining spaces, this Ocean Heights masterpiece features a beautifully appointed main level master suite with direct views to the Pacific Ocean, Coastline, and Catalina. The 4,000 sq. foot (approx.) residence offers 4 bedrooms, 3 1/2 baths, and high ceilings throughout. The awe-inspiring views of Catalina down to Palos Verdes are crystal clear from nearly every room and the modern day floor-plan invites functionality at every corner. The home is completed by dual 24-hour guard gates, and ideal proximity to world class shopping, dining, award winning schools, and The Pelican Hill Resort just down the street.
Last Agent to Sell the Property
Luxe Real Estate License #01317949 Listed on: 03/09/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $48,113
Year Built
- Built in 1999
Lot Details
- 9,574 Sq Ft Lot
- Glass Fence
- Brick Fence
- Density is up to 1 Unit/Acre
HOA Fees
- $622 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Driveway Level
Property Views
- White Water Ocean
- Marina
- Coastline
- Harbor
- Catalina
- Panoramic
- City Lights
- Mountain
- Hills
Home Design
- French Architecture
- Mediterranean Architecture
Interior Spaces
- 3,946 Sq Ft Home
- Built-In Features
- Two Story Ceilings
- Recessed Lighting
- Formal Entry
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Living Room
- Home Office
- Storage
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Double Self-Cleaning Convection Oven
- Six Burner Stove
- Built-In Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Pool
- Heated In Ground Pool
- In Ground Spa
Outdoor Features
- Brick Porch or Patio
- Exterior Lighting
- Outdoor Grill
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
Additional Features
- Suburban Location
- Forced Air Zoned Heating and Cooling System
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 15401
- Assessor Parcel Number 47818110
Community Details
Overview
- First Service Residential Association, Phone Number (800) 428-5588
- First Service HOA
- Strada Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
Security
- 24-Hour Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 11, 2021
Sold by
Assaf Jafar and Assaf Lucy
Bought by
Zhang William Weili and Su Julia Huiyan
Current Estimated Value
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
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2013
Sold by
Assaf Jafar and Assaf Lucy
Bought by
Assaf Jafar and Assaf Lucy
Purchase Details
Closed on
Sep 19, 2006
Sold by
Oleary Edward Joseph and Oleary Nancy A
Bought by
Assaf Jafar and Assaf Lucy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 28, 2002
Sold by
Oleary Edward J
Bought by
Oleary Edward Joseph and Oleary Nancy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
4.62%
Purchase Details
Closed on
Dec 6, 2000
Sold by
Brookfield Newport Coast Ii Inc
Bought by
Oleary Edward Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.67%
Purchase Details
Closed on
Nov 27, 2000
Sold by
Oleary Nancy Anne
Bought by
Oleary Edward J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
7.67%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang William Weili | $5,025,000 | North American Title Company | |
| Assaf Jafar | -- | None Available | |
| Assaf Jafar | $3,175,000 | First American Title Co Wrt | |
| Oleary Edward Joseph | -- | California Counties Title Co | |
| Oleary Edward Joseph | $1,685,000 | Chicago Title Co | |
| Oleary Edward J | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Li Family Revocable Trust | $0 | |
| Previous Owner | Zhang William Weili | $2,500,000 | |
| Previous Owner | Assaf Jafar | $999,999 | |
| Previous Owner | Assaf Jafar | $2,000,000 | |
| Previous Owner | Oleary Edward Joseph | $1,175,000 | |
| Previous Owner | Oleary Edward Joseph | $437,500 | |
| Previous Owner | Oleary Edward Joseph | $1,175,000 | |
| Previous Owner | Oleary Edward Joseph | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/15/2021 06/15/21 | Sold | $5,025,000 | -6.1% | $1,273 / Sq Ft |
| 04/26/2021 04/26/21 | Pending | -- | -- | -- |
| 03/09/2021 03/09/21 | For Sale | $5,350,000 | -- | $1,356 / 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 | $48,113 | $4,631,039 | $3,800,699 | $830,340 |
| 2024 | $48,113 | $4,435,922 | $3,726,175 | $709,747 |
| 2023 | $56,413 | $5,228,010 | $4,372,469 | $855,541 |
| 2022 | $55,478 | $5,125,500 | $4,286,734 | $838,766 |
| 2021 | $34,839 | $3,264,000 | $2,386,800 | $877,200 |
| 2020 | $35,501 | $3,264,000 | $2,386,800 | $877,200 |
| 2019 | $34,951 | $3,200,000 | $2,340,000 | $860,000 |
| 2018 | $34,933 | $3,200,000 | $2,340,000 | $860,000 |
| 2017 | $33,436 | $2,960,000 | $2,100,000 | $860,000 |
| 2016 | $34,135 | $2,800,000 | $1,940,000 | $860,000 |
| 2015 | $42,732 | $3,572,916 | $2,709,146 | $863,770 |
| 2014 | $36,234 | $2,988,099 | $2,212,655 | $775,444 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer Co-Listing Agent in 2021
Joe Poppingo
Luxe Real Estate
(949) 484-0387
15 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21044965
APN: 478-181-10
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