NOT LISTED FOR SALE

Estimated Value: $8,168,000 - $12,279,961

5 Beds
7 Baths
7,283 Sq Ft
$1,325/Sq Ft Est. Value

Last Sold May 09, 2012

Last sale price $4,450,000 $611 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $58,028/month

179 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Auto Driveway Gate
  • Newport Coast Elementary School Rated A
  • Filtered Pool
  • 0.56 Acre Lot

About This Home

As of May 2012

Inspired by the Santa Barbara style villas, this 5 bedroom, 5 full bath, 2 half bath Pelican Ridge estate home makes a dramatic first impression and enchants throughout its extensive grounds and luxurious interiors. Designer finishes adorn the residence, including honed limestone flooring, stone fireplaces and slab granite, rich custom millwork, custom lighting and window coverings. Main level: enjoy a gourmet kitchen with butler's pantry, breakfast room; a family room with fireplace, two-story formal living room with fireplace, a dining room with wine closet, an office and state-of- the-art theater. Upstairs, a decadent master suite with sitting room, fireplace, sumptuous spa bath, dressing room, and two spacious walk in closets; and 3 guest suites with ensuite baths. Extensive grounds include pool, spa, covered loggia with outdoor fireplace, and grassy yard adorned with olive trees, cypress and fruit trees with panoramic canyon views. 4-car garage and gated motor court.

Last Agent to Sell the Property

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 10/31/2011

Coldwell Banker Realty

Last Buyer's Agent

Tami Wang

RE/MAX One License #01424465

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,906

Year Built

  • Built in 2000 | Remodeled

Lot Details

  • 0.56 Acre Lot
  • Masonry wall
  • Wrought Iron Fence
  • Stucco Fence
  • Paved or Partially Paved Lot
  • Sprinklers Throughout Yard
  • Wooded Lot
  • Private Yard

HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Three Garage Doors
  • Auto Driveway Gate
  • Controlled Entrance

Property Views

  • Canyon
  • Hills

Home Design

  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 7,283 Sq Ft Home
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • French Doors
  • Entrance Foyer
  • Wine Cellar
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Den
  • Fire Sprinkler System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Oven or Range
  • Cooktop with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 14037
  • Assessor Parcel Number 47705125

Community Details

Overview

  • Association Phone (949) 999-9999

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,906

Year Built

Built in 2000 | Remodeled

Lot Details

0

HOA Fees

$635 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-433-0315
  • Property Attached: No
  • Security: Fire Sprinkler System
  • Subdivision Name Other: Pelican Ridge Estates
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47705125
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7283.00
  • Interior Amenities: Built-in Features, Crown Molding, Vacuum Central
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Levels: Two
  • Price Per Square Foot: 611.01
  • Room Type: Den, Dressing Area, Family Room, Foyer, Living Room, Media Room, Walk-In Pantry, Walk-In Closet, Retreat, Home Theatre, Wine Cellar
  • Spa Features: Private
  • Window Features: Custom Covering, Drapes, Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Canyon, Hills
  • Fence: Yes
  • Fencing: Masonry, Stucco Wall, Wrought Iron
  • Patio And Porch Features: Covered
  • Pool Features: Filtered, Heated, In Ground, Lap, Private
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Gated, Built-In Storage, Garage - Three Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Appliances: Built-In, Double Oven, Dishwasher, Freezer, Gas Cooking, Disposal, Range Hood, Microwave, Oven, Refrigerator, Cooktop
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Kitchen, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse Paid, Pool, Tennis Court(s)
  • Association Fee: 550.00
  • Association #2 Fee: 85.00
  • Association Fee Frequency: Monthly
  • Phone: 949-999-9999
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Features: Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Treed Lot, Yard
  • Lot Size Sq Ft: 24155.00
  • Lot Size Acres: 0.5550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24155.0000 Square Feet

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 14037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2016
Sold by
Cao Sean Shuo and Cao Jade
Bought by
Cuties Peninsula Llc
Current Estimated Value
$9,650,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 31, 2011
Closed on
May 4, 2012
Sold by
Cao Sean Shuo
Bought by
Cao Sean Shuo and Ho Jade
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
Tami Wang
RE/MAX One
List Price
$4,895,000
Sold Price
$4,450,000
Premium/Discount to List
-$445,000
-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
5.84%
Original Mortgage
$2,225,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2011
Closed on
Apr 29, 2012
Sold by
Shelly Andrea A
Bought by
Cao Sean Shuo
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
Tami Wang
RE/MAX One
List Price
$4,895,000
Sold Price
$4,450,000
Premium/Discount to List
-$445,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,225,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2008
Sold by
Shelly Andrea
Bought by
Shelly Andrea A and Andrea Shelly Trust

Purchase Details

Closed on
May 31, 2007
Sold by
Shelly Damon
Bought by
Shelly Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,815,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2007
Sold by
Shelly Andrea
Bought by
Shelly Damon and Shelly Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,815,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2000
Sold by
Ocean Ridge Ventures Lp
Bought by
Shelly Damon and Shelly Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cuties Peninsula Llc $4,500,000 Fidelity National Title
Cao Sean Shuo -- Accommodation
Cao Sean Shuo $4,450,000 Fidelity National Title
Shelly Andrea A -- None Available
Shelly Andrea -- Ticor Title Orange
Shelly Damon -- Ticor Title Orange
Shelly Damon -- None Available
Shelly Damon -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cuties Peninsula Llc $3,000,000
Closed Cuties Peninsula Llc $3,000,000
Previous Owner Cao Sean Shuo $2,225,000
Previous Owner Shelly Andrea $1,815,000
Previous Owner Shelly Damon $1,900,000
Previous Owner Shelly Damon $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2012 05/09/12 Sold $4,450,000 -9.1% $611 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
10/31/2011 10/31/11 For Sale $4,895,000 -- $672 / 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
2025 $58,906 $5,589,451 $3,113,753 $2,475,698
2024 $58,906 $5,479,854 $3,052,699 $2,427,155
2023 $57,614 $5,372,406 $2,992,842 $2,379,564
2022 $56,662 $5,267,065 $2,934,159 $2,332,906
2021 $55,108 $5,163,790 $2,876,627 $2,287,163
2020 $55,148 $5,110,842 $2,847,131 $2,263,711
2019 $54,187 $5,010,630 $2,791,305 $2,219,325
2018 $53,112 $4,912,383 $2,736,574 $2,175,809
2017 $53,138 $4,816,062 $2,682,915 $2,133,147
2016 $54,162 $4,721,630 $2,630,309 $2,091,321
2015 $53,741 $4,650,707 $2,590,799 $2,059,908
2014 $52,495 $4,559,607 $2,540,049 $2,019,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U11004614

California Regional Multiple Listing Service (CRMLS)

APN: 477-051-25