$7,200,000
SOLD JUL 30, 2024
5 Beds
5.5 Baths
4,948 Sq Ft
0.27 Acres

Recently Sold

$1,455 Per Sq Ft

5% Below List Price

102 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Main Floor Bedroom
  • Newport Coast Elementary School Rated A
  • Recreation Room
  • Corner Lot

About This Home

As of July 2024

Welcome to luxury living at 7 Sunrise, in the prestigious 24-hour gated community of Pacific Ridge, where security and tranquility meet in this Tuscan-inspired villa. Situated on a prime corner lot, this home creates a sense of openness and freedom. Boasting five bedrooms, including two conveniently located downstairs, this residence caters to both comfort and functionality. The addition of a separate entry to one of the downstairs bedrooms with its own entrance offers further privacy and convenience, making it an ideal space for guests or in-laws. Step inside to discover a wealth of indulgent features, including a versatile media room located on the second-floor balcony. Whether utilized as a home office for remote work or transformed into a cozy movie theater for entertainment, this space offers endless possibilities. One of the property's standout features is the pool house nestled in the expansive backyard. With a permit for 600 square feet of additional space, this versatile retreat serves as the ultimate oasis for relaxation and outdoor gatherings, yet is not included in the total square footage, adding significant value to the property. The spacious corner backyard is an entertainer's dream, complete with a professional putting green, sand bunker, and ample space for outdoor festivities or Sunday barbecues. From the grand entrance to the meticulously landscaped grounds, every aspect of this residence exudes luxury living at its finest. Don't miss the chance to experience the epitome of coastal living in this exceptional Newport Coast enclave. Schedule your private tour today and embark on a journey to your dream home!"

Last Agent to Sell the Property

Yue Gu

RE/MAX Galaxy Brokerage Phone: 626-662-5888 License #01989400 Listed on: 03/02/2024

RE/MAX Galaxy

Last Buyer's Agent

Steven Liu

JC Pacific Corp License #02060955

JC Pacific Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,276

Year Built

  • Built in 2006

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Back Yard

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 4,948 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Recreation Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Exterior Lighting
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15811
  • Assessor Parcel Number 47725212

Community Details

Overview

  • Pacific Ridge Association, Phone Number (949) 716-3998
  • Powerstone Property Management HOA
  • Costa Azul Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,276

Year Built

Built in 2006

Lot Details

0

HOA Fees

$485 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Costa Azul (PRCA)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47725212
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4948.00 Square Feet
  • Stories: 2
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1455.13
  • Room Type: Entry, Family Room, Formal Entry, Living Room, Main Floor Bedroom, Media Room, Recreation, Walk-In Closet, Wine Cellar

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Picnic Area, Playground
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Ridge
  • Phone: 949-716-3998
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Powerstone Property Management

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot
  • Lot Size Sq Ft: 11561.00
  • Lot Size Acres: 0.2654
  • Latitude Manual: 33.59754500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11561.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 15811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
Jun 18, 2024
Sold by
Li Beibei
Bought by
Jh Group Investments Llc
Seller's Agent
Yue Gu
RE/MAX Galaxy
Buyer's Agent
Steven Liu
JC Pacific Corp
List Price
$7,580,000
Sold Price
$7,200,000
Premium/Discount to List
-$380,000
-5.01%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 25, 2016
Sold by
Wong Nancy Lai Sum
Bought by
Li Beibei
Seller's Agent
Drew D'Angelo
Kase Real Estate
Buyer's Agent
Yue Gu
RE/MAX Galaxy
List Price
$4,125,000
Sold Price
$3,750,000
Premium/Discount to List
-$375,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
Dec 16, 2015
Sold by
Yang Richard and Wong Nancy Lai Sum
Bought by
Wong Nancy Lai Sum and Nancy Lai Sum Wong Living Trust

Purchase Details

Closed on
Nov 29, 2006
Sold by
Shea Homes Lp
Bought by
Yang Richard and Wong Nancy Lai Sum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $7,200,000 Chicago Title
Grant Deed $3,750,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $3,155,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2025 06/01/25 For Sale $7,988,000 0.0% $1,614 / Sq Ft
04/21/2025 04/21/25 Off Market $7,988,000 -- --
04/21/2025 04/21/25 For Sale $7,988,000 +10.9% $1,614 / Sq Ft
07/30/2024 07/30/24 Sold $7,200,000 -5.0% $1,455 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $7,580,000 +102.1% $1,532 / Sq Ft
11/15/2016 11/15/16 Sold $3,750,000 0.0% $798 / Sq Ft
10/20/2016 10/20/16 Off Market $3,750,000 -- --
07/22/2016 07/22/16 For Sale $4,125,000 -- $878 / 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 $52,276 $4,315,339 $2,990,447 $1,324,892
2023 $51,272 $4,230,725 $2,931,811 $1,298,914
2022 $49,975 $4,147,770 $2,874,324 $1,273,446
2021 $49,205 $4,066,442 $2,817,965 $1,248,477
2020 $49,102 $4,024,746 $2,789,070 $1,235,676
2019 $48,808 $3,945,830 $2,734,382 $1,211,448
2018 $47,579 $3,836,723 $2,680,767 $1,155,956
2017 $48,216 $3,750,000 $2,628,203 $1,121,797
2016 $45,564 $3,613,607 $2,254,924 $1,358,683
2015 $44,547 $3,559,328 $2,221,053 $1,338,275
2014 $43,576 $3,489,606 $2,177,545 $1,312,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24043202

California Regional Multiple Listing Service (CRMLS)

APN: 477-252-12