Seller's Agent in 2015
Suzi Dailey
Realty ONE Group West
(949) 315-5255
11 in this area
56 Total Sales
78 Ritz Cove Dr Dana Point, CA 92629
Estimated Value: $8,323,000 - $12,417,110
5
Beds
5.5
Baths
7,146
Sq Ft
$1,384/Sq Ft
Est. Value
Highlights
- Ocean View
- Rooftop Deck
- Wood Flooring
- Moulton Elementary Rated A
- Retreat
- Mediterranean Architecture
About This Home
As of September 2015Easy elegance infuses every room in this gracious, light-filled estate in prestigious Ritz Cove overlooking the world-class Dana Point surfing beach. Breathtaking Pacific vistas await you, from the ocean-air balconies off 2 bedroom suites to the wonderful patio. There's a stunning rooftop deck that envelops you in sea and sky. Watch beautiful sunsets every evening…. Step through the massive front door into the grand entry. Enter an expansive living room and raised dining room whose every detail surrounds you in comfort and beauty. The wood-paneled library and spacious family room invite warm gatherings. You'll be drawn to the expansive, welcoming kitchen with breakfast area and walk-in pantry. Downstairs, a media room awaits to turn every movie into a fun event. The luxurious master suite is a private retreat you'll treasure. An elevator accesses all levels, from the subterranean garage which houses 6-7 cars along with massive amounts of storage. Living in the only community nestled between the Five-Star Ritz Carlton & St. Regis Resorts, you'll find a massage, coffee or wine, or a refreshing game of tennis is just a beach path walk away. Walk to golf or take a jog along the beautiful Salt Creek Beach path. Enjoy the guard gated community of Ritz Cove.
Last Agent to Sell the Property
Realty ONE Group West License #01746768 Listed on: 04/28/2015
Co-Listed By
Patrick Dailey
Realty One Group West License #01929664
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $62,544
Year Built
- Built in 2001
Lot Details
- 9,391 Sq Ft Lot
- Wrought Iron Fence
- Sprinklers Throughout Yard
HOA Fees
- $494 Monthly HOA Fees
Parking
- 7 Car Garage
- Parking Available
Home Design
- Mediterranean Architecture
- Planned Development
- Spanish Tile Roof
- Clay Roof
- Plaster
Interior Spaces
- 7,146 Sq Ft Home
- Elevator
- Built-In Features
- Crown Molding
- Fireplace With Gas Starter
- French Doors
- Living Room with Fireplace
- Dining Room
- Den with Fireplace
- Library
- Home Gym
- Ocean Views
- Basement
Kitchen
- Eat-In Kitchen
- Double Oven
- Range Hood
- Ice Maker
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Main Floor Bedroom
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on upper level
Outdoor Features
- Balcony
- Rooftop Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tax Lot 54
- Tax Tract Number 13103
- Assessor Parcel Number 67247115
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2015
Closed on
Sep 14, 2015
Sold by
Forman Don and Forman Lorie
Bought by
Dlf Living Trust
Seller's Agent
Suzi Dailey
Realty ONE Group West
Buyer's Agent
Tad Baltzer
Riviera Properties
List Price
$5,995,000
Sold Price
$4,950,000
Premium/Discount to List
-$1,045,000
-17.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,157,212
Avg. Annual Appreciation
6.50%
Purchase Details
Closed on
Jul 10, 2015
Sold by
2 Eagles Landing Lane Llc
Bought by
Forman Don and Forman Lorie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,960,000
Interest Rate
3.08%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 23, 2012
Sold by
78 Ritz Cove Drive Llc
Bought by
16346 Maplewild Ave Sw Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,774,543
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 19, 2009
Sold by
Nazif Ali and Nazif Etedal
Bought by
78 Ritz Cove Drive Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,490,000
Interest Rate
4.99%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 16, 2005
Sold by
Nazif Ali and Nazif Etedal
Bought by
Nazif Ali and Nazif Etedal
Purchase Details
Closed on
Dec 28, 1999
Sold by
Andrew Hsu and Chin Hwey Chin
Bought by
Nazif Ali and Nazif Etedal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.72%
Purchase Details
Closed on
Dec 30, 1998
Sold by
Overland Company
Bought by
Hsu Andrew and Hsu Hwey Chin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.98%
Purchase Details
Closed on
Dec 28, 1993
Sold by
Professional Foreclosure Corp
Bought by
Overland Company
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 |
|---|---|---|---|
| Dlf Living Trust | -- | Chicago Title Company | |
| Forman Don | $4,950,000 | Chicago Title Company | |
| 16346 Maplewild Ave Sw Llc | $3,300,000 | First American Title Company | |
| 78 Ritz Cove Drive Llc | -- | California Title Company | |
| Nazif Ali | -- | Civic Center Title Services | |
| Nazif Ali | $820,000 | Investor Title Company | |
| Hsu Andrew | $444,500 | -- | |
| Overland Company | $270,000 | Benefit Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Forman Don | $3,960,000 | |
| Previous Owner | 16346 Maplewild Ave Sw Llc | $2,800,000 | |
| Previous Owner | 16346 Maplewild Ave Sw Llc | $2,774,543 | |
| Previous Owner | 78 Ritz Cove Drive Llc | $3,490,000 | |
| Previous Owner | Nazif Ali | $2,000,000 | |
| Previous Owner | Nazif Ali | $250,000 | |
| Previous Owner | Nazif Ali | $997,000 | |
| Previous Owner | Nazif Ali | $1,000,000 | |
| Previous Owner | Nazif Ali | $1,000,000 | |
| Previous Owner | Nazif Ali | $1,424,975 | |
| Previous Owner | Nazif Ali | $270,000 | |
| Previous Owner | Hsu Andrew | $375,000 | |
| Previous Owner | Hsu Andrew | $182,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2015 09/11/15 | Sold | $4,950,000 | -17.4% | $693 / Sq Ft |
| 07/03/2015 07/03/15 | Pending | -- | -- | -- |
| 04/28/2015 04/28/15 | For Sale | $5,995,000 | -- | $839 / 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 | $62,544 | $6,086,968 | $3,612,874 | $2,474,094 |
| 2024 | $62,544 | $5,967,616 | $3,542,033 | $2,425,583 |
| 2023 | $61,256 | $5,850,604 | $3,472,581 | $2,378,023 |
| 2022 | $60,072 | $5,735,887 | $3,404,491 | $2,331,396 |
| 2021 | $58,335 | $5,575,870 | $3,337,736 | $2,238,134 |
| 2020 | $57,263 | $5,518,697 | $3,303,512 | $2,215,185 |
| 2019 | $51,938 | $5,012,197 | $3,238,738 | $1,773,459 |
| 2018 | $48,586 | $4,660,631 | $3,175,234 | $1,485,397 |
| 2017 | $52,428 | $5,049,000 | $3,112,975 | $1,936,025 |
| 2016 | $51,380 | $4,950,000 | $3,051,936 | $1,898,064 |
| 2015 | $47,474 | $4,563,020 | $2,719,288 | $1,843,732 |
| 2014 | $46,613 | $4,473,637 | $2,666,021 | $1,807,616 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Seller Co-Listing Agent in 2015
Patrick Dailey
Realty One Group West
-
Buyer's Agent in 2015
Tad Baltzer
Riviera Properties
(949) 554-4140
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG15091882
APN: 672-471-15
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