L
Seller's Agent in 2018
Laura Dolan
Berkshire Hathaway HomeService
8 Clearview Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $8,025,000 - $8,445,741
5
Beds
5.5
Baths
4,756
Sq Ft
$1,731/Sq Ft
Est. Value
Highlights
- Gated with Attendant
- Primary Bedroom Suite
- Fireplace in Primary Bedroom
- Newport Coast Elementary School Rated A
- Peek-A-Boo Views
- Main Floor Bedroom
About This Home
As of June 2018Nestled atop a canyon bluff on a lushly landscaped level lot located on a single-loaded street in the exclusive 24-hour guard-gated community of Pelican Ridge rests this spacious and sophisticated Mediterranean estate with 5 en-suite bedrooms, a half-bath, and three-car garage. Enjoy your unobstructed sit-down peekaboo ocean and unspoiled canyon views while entertaining in seamless indoor/outdoor spaces. Prepare savory meals in your cook’s kitchen furnished with high-end stainless-steel appliances. Architectural features such as high ceilings and a variety of arched and standard windows create a voluminous light-n-bright floor plan. The stylish interior flawlessly features organic and neutral surfaces like travertine and granite. Cozy up with a book by any of your four fireplaces, one outside. Live the OC lifestyle with world-renowned beaches; exclusive Fashion Island and Crystal Cove shopping; golf, spa and dining at The Resort at Pelican Hill; and John Wayne Airport, all nearby.
Last Agent to Sell the Property
Laura Dolan
Berkshire Hathaway HomeService License #01894082 Listed on: 07/11/2017
Last Buyer's Agent
Laura Dolan
Berkshire Hathaway HomeService License #01894082 Listed on: 07/11/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $46,793
Year Built
- Built in 1999
Lot Details
- 0.27 Acre Lot
- Cul-De-Sac
- Landscaped
- Sprinklers on Timer
- Lawn
- Back and Front Yard
HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Front Facing Garage
- Three Garage Doors
- Garage Door Opener
Property Views
- Peek-A-Boo
- Canyon
Home Design
- Mediterranean Architecture
Interior Spaces
- 4,756 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Plantation Shutters
- Casement Windows
- Window Screens
- French Doors
- Formal Entry
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Self-Cleaning Convection Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Kitchen Island
- Pots and Pans Drawers
- Utility Sink
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Hydromassage or Jetted Bathtub
- Separate Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Outdoor Fireplace
- Exterior Lighting
- Outdoor Grill
- Rain Gutters
Utilities
- Zoned Heating and Cooling
- Water Heater
- Water Purifier
- Water Softener
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 14037
- Assessor Parcel Number 47705134
Community Details
Overview
- Pelican Ridge Estates Association, Phone Number (949) 448-6181
- Newport Coast HOA
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2017
Closed on
May 16, 2018
Sold by
Cohen Neal Matthew and Cohen Adrienne Dee
Bought by
Lotfi Reza and Lotfi Tara
Seller's Agent
Laura Dolan
Berkshire Hathaway HomeService
Buyer's Agent
Laura Dolan
Berkshire Hathaway HomeService
List Price
$4,500,000
Sold Price
$3,872,000
Premium/Discount to List
-$628,000
-13.96%
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
$4,360,935
Avg. Annual Appreciation
10.82%
Original Mortgage
$2,710,400
Outstanding Balance
$2,283,163
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,949,772
Purchase Details
Closed on
Sep 15, 2010
Sold by
Cohen Neal Matthew and Cohen Adrienne D
Bought by
Cohen Neal Matthew and Cohen Adrienne Dee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2003
Sold by
Nesbit Wayne K and Nesbit Lauri
Bought by
Cohen Neal Matthew and Cohen Adrienne D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 21, 2001
Sold by
Hall Eric K and Hall Laura C
Bought by
Nesbit Wayne K and Nesbit Lauri
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
6.25%
Purchase Details
Closed on
May 8, 2000
Sold by
Ocean Ridge Ventures Lp
Bought by
Hall Eric K and Hall Laura C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,835,000
Interest Rate
7.75%
Purchase Details
Closed on
Jun 18, 1997
Sold by
Irvine Community Development Company
Bought by
Ocean Ridge Ventures Lp
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 |
|---|---|---|---|
| Lotfi Reza | $3,872,000 | California Titleco | |
| Cohen Neal Matthew | -- | First American Title Company | |
| Cohen Neal Matthew | $2,135,000 | Orange Coast Title | |
| Nesbit Wayne K | $1,910,000 | First American Title Ins Co | |
| Hall Eric K | -- | First American Title Ins Co | |
| Ocean Ridge Ventures Lp | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lotfi Reza | $2,710,400 | |
| Previous Owner | Cohen Neal Matthew | $729,750 | |
| Previous Owner | Cohen Neal Matthew | $1,000,000 | |
| Previous Owner | Nesbit Wayne K | $1,200,000 | |
| Previous Owner | Hall Eric K | $1,835,000 | |
| Closed | Cohen Neal Matthew | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2018 06/18/18 | Sold | $3,872,000 | -7.3% | $814 / Sq Ft |
| 05/11/2018 05/11/18 | Pending | -- | -- | -- |
| 04/03/2018 04/03/18 | Price Changed | $4,175,000 | +1.8% | $878 / Sq Ft |
| 02/23/2018 02/23/18 | Price Changed | $4,100,000 | -4.3% | $862 / Sq Ft |
| 10/17/2017 10/17/17 | Price Changed | $4,285,000 | -4.8% | $901 / Sq Ft |
| 06/05/2017 06/05/17 | For Sale | $4,500,000 | -- | $946 / 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 | $46,793 | $4,432,291 | $2,918,144 | $1,514,147 |
| 2024 | $46,793 | $4,340,731 | $2,860,926 | $1,479,805 |
| 2023 | $45,781 | $4,255,619 | $2,804,829 | $1,450,790 |
| 2022 | $45,021 | $4,172,176 | $2,749,832 | $1,422,344 |
| 2021 | $43,690 | $4,090,369 | $2,695,914 | $1,394,455 |
| 2020 | $43,839 | $4,048,428 | $2,668,271 | $1,380,157 |
| 2019 | $42,908 | $3,949,440 | $2,615,952 | $1,333,488 |
| 2018 | $29,321 | $2,686,368 | $1,574,152 | $1,112,216 |
| 2017 | $29,769 | $2,633,695 | $1,543,287 | $1,090,408 |
| 2016 | $31,319 | $2,582,054 | $1,513,026 | $1,069,028 |
| 2015 | $31,111 | $2,543,270 | $1,490,299 | $1,052,971 |
| 2014 | $30,398 | $2,493,451 | $1,461,106 | $1,032,345 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP17156796
APN: 477-051-34
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