Seller's Agent in 2018
Kinney Yong
RE/MAX Premier Realty
(949) 838-4858
19 Total Sales
7 Rim Ridge Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $3,852,000 - $18,237,899
7
Beds
9.5
Baths
9,982
Sq Ft
$1,106/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Koi Pond
- Heated Infinity Pool
- Newport Coast Elementary School Rated A
- 24-Hour Security
- Sauna
About This Home
As of August 2018This home boasts breathtaking vibrant views of the Pacific Ocean, Catalina, Balboa Pier, Newport Bay, and the famed Pelican Hills Golf Course(8th hole North course). This entertainer's estate designed by local architect Brion Jeannette features a highly functional floor plan for both living & entertaining. There are a total of 7 bedrooms all with their own bathrooms. On the main level you will be captivated with breathtaking views from the sprawling great room, chef's kitchen & spacious dining room with round table with seating for up to 12 people. Also on the main level is a well appointed office and guest suite that's complete with a kitchenette and in-suite bathroom. Two separate staircases connects you upstairs where most of the homes bedrooms(4) are situated. The glass elevator also provide beautiful access to all 3 levels. The Master Suite welcomes you with a private veranda & resort like bathroom with steam shower & jetted spa tub. Three of the upstairs bedrooms feature balcony's to enjoy one of a kind ocean and city views. Escape downstairs where you will find a home gym, media/lounge room, sauna, 2 additional bedrooms and a mirrored wall multi-purpose room. This estate sits on an expansive lot, with enough space to enjoy the outdoors. Half court basketball court & a very spacious pool with a lap lane. This timeless estate is surely going to meet the needs of the most refined and well deserving residents
Last Agent to Sell the Property
RE/MAX Premier Realty License #00868481 Listed on: 03/07/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $145,045
Year Built
- Built in 1997
Lot Details
- 0.45 Acre Lot
- Cul-De-Sac
- Northeast Facing Home
- Glass Fence
- Masonry wall
- Block Wall Fence
- Stucco Fence
- Landscaped
- Level Lot
- Sprinklers Throughout Yard
- Lawn
- Back Yard
HOA Fees
- $819 Monthly HOA Fees
Parking
- 4 Car Direct Access Garage
- Parking Available
- Garage Door Opener
- Driveway
- Gated Parking
Property Views
- White Water Ocean
- Marina
- Coastline
- Back Bay
- Harbor
- Views of a pier
- Catalina
- Panoramic
- City Lights
- Golf Course
Home Design
- Interior Block Wall
- Spanish Tile Roof
- Steel Beams
- Pre-Cast Concrete Construction
- Copper Plumbing
Interior Spaces
- 9,982 Sq Ft Home
- 3-Story Property
- Elevator
- Open Floorplan
- Dual Staircase
- Wired For Sound
- Wired For Data
- Built-In Features
- Coffered Ceiling
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Wood Frame Window
- Double Door Entry
- Great Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Library
- Game Room
- Sauna
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Electric Oven
- Six Burner Stove
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Granite Countertops
- Utility Sink
- Disposal
- Instant Hot Water
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Maid or Guest Quarters
- Granite Bathroom Countertops
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub with Shower
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
- Washer Hookup
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Electronic Air Cleaner
Pool
- Heated Infinity Pool
- Heated Spa
- In Ground Spa
- Gas Heated Pool
Outdoor Features
- Sport Court
- Living Room Balcony
- Deck
- Patio
- Koi Pond
- Terrace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
- Wrap Around Porch
Schools
- Newport Coast Elementary School
- Corona Del Mar Middle School
- Corona Del Mar High School
Utilities
- Zoned Heating and Cooling
- Underground Utilities
- 220 Volts For Spa
- 220 Volts in Kitchen
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 14065
- Assessor Parcel Number 47306115
Community Details
Overview
- Pelican Hill Association, Phone Number (949) 448-6073
- Custom
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Community Pool
- Community Spa
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 8, 2024
Sold by
Liang Xiang
Bought by
Sharon Liang Living Trust and Liang
Current Estimated Value
Purchase Details
Closed on
Mar 23, 2021
Sold by
Yu Peng and Liang X
Bought by
Liang Xiang
Purchase Details
Listed on
Mar 7, 2018
Closed on
Jul 20, 2018
Sold by
Fan Family Foundation
Bought by
Yu Peng and Linag Xiang
Seller's Agent
Kinney Yong
RE/MAX Premier Realty
Buyer's Agent
Jing Liu
Pacific Sterling Realty
List Price
$12,988,000
Sold Price
$12,338,000
Premium/Discount to List
-$650,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.54%
Original Mortgage
$3,000,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 24, 1996
Sold by
Fan Emmanuel W C and Fan Elijah W L
Bought by
Efa Ltd
Purchase Details
Closed on
Nov 30, 1995
Sold by
The Irvine Company
Bought by
Fan Emmanuel W C and Fan Elijar W L
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 |
|---|---|---|---|
| Sharon Liang Living Trust | -- | None Listed On Document | |
| Liang Xiang | -- | None Available | |
| Yu Peng | $12,337,273 | Lawyers Title | |
| Efa Ltd | -- | First American Title Ins Co | |
| Fan Emmanuel W C | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yu Peng | $3,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2018 08/06/18 | Sold | $12,338,000 | 0.0% | $1,236 / Sq Ft |
| 07/03/2018 07/03/18 | Off Market | $12,338,000 | -- | -- |
| 07/02/2018 07/02/18 | For Sale | $12,988,000 | +5.3% | $1,301 / Sq Ft |
| 06/30/2018 06/30/18 | Off Market | $12,338,000 | -- | -- |
| 04/27/2018 04/27/18 | Price Changed | $12,988,000 | -4.4% | $1,301 / Sq Ft |
| 04/26/2018 04/26/18 | Pending | -- | -- | -- |
| 04/13/2018 04/13/18 | Price Changed | $13,588,000 | -2.2% | $1,361 / Sq Ft |
| 03/19/2018 03/19/18 | Price Changed | $13,890,000 | +3.7% | $1,392 / Sq Ft |
| 03/12/2018 03/12/18 | For Sale | $13,400,000 | +8.6% | $1,342 / Sq Ft |
| 03/07/2018 03/07/18 | Off Market | $12,338,000 | -- | -- |
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 | $145,045 | $13,763,272 | $10,005,288 | $3,757,984 |
| 2024 | $145,045 | $13,493,404 | $9,809,105 | $3,684,299 |
| 2023 | $141,756 | $13,228,828 | $9,616,770 | $3,612,058 |
| 2022 | $139,418 | $12,969,440 | $9,428,206 | $3,541,234 |
| 2021 | $136,322 | $12,715,138 | $9,243,339 | $3,471,799 |
| 2020 | $135,603 | $12,584,760 | $9,148,560 | $3,436,200 |
| 2019 | $132,952 | $12,338,000 | $8,969,176 | $3,368,824 |
| 2018 | $102,355 | $9,500,000 | $6,425,692 | $3,074,308 |
| 2017 | $40,537 | $3,650,058 | $1,346,341 | $2,303,717 |
| 2016 | $41,959 | $3,578,489 | $1,319,942 | $2,258,547 |
| 2015 | $41,658 | $3,524,737 | $1,300,115 | $2,224,622 |
| 2014 | $40,697 | $3,455,693 | $1,274,648 | $2,181,045 |
Source: Public Records
Agents Affiliated with this Home
-
Kinney Yong
-
Senka Plese
Seller Co-Listing Agent in 2018
Senka Plese
RE/MAX Premier Realty
(949) 521-9896
50 Total Sales
-
Jing Liu
J
Buyer's Agent in 2018
Jing Liu
Pacific Sterling Realty
(949) 222-9911
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18052943
APN: 473-061-15
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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