Seller's Agent in 2021
Kathy Zhou
Ascendant Realty
(626) 258-9253
1 in this area
20 Total Sales
8 Pinnacle Point Newport Coast, CA 92657
Newport Coast Neighborhood
5
Beds
5.5
Baths
5,400
Sq Ft
0.34
Acres
Highlights
- Ocean View
- In Ground Spa
- 3 Car Attached Garage
- Newport Coast Elementary School Rated A
- Deck
- Patio
About This Home
As of July 2021Stunning ocean views from this custom built property in the prestigious gated community of Pelican Ridge. Situated at the very top of pelican ridge, this beautiful home resides on the most desirable street in whole community - a quiet and classic neighborhood.... This fantastic home has 5 large bedrooms plus an office and a gym, 5.5 baths, and 3 garages. Large yard in a corner lot. Beautiful ocean view from the upstairs bedrooms, including the spacious master suite and large office and Girl's room. Excellent condition! Huge kitchen with a large granite counter top. Spacious backyard with a large pool with water fountain accents and Jacuzzi. Outdoor fireplace and enticing coastline view. Great Opportunity!
Last Agent to Sell the Property
Lucy Scott
ReMax 2000 Realty License #01328471 Listed on: 11/28/2013
Last Buyer's Agent
Chesley Chao
Kingston Realty License #01085885
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $73,103
Year Built
- Built in 1998
HOA Fees
Parking
- 3 Car Attached Garage
Interior Spaces
- 5,400 Sq Ft Home
- 2-Story Property
- Dining Room with Fireplace
- Ocean Views
- Built-In Range
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
Pool
- In Ground Spa
- Private Pool
Outdoor Features
- Deck
- Patio
Additional Features
- 0.34 Acre Lot
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 58
- Tax Tract Number 14038
- Assessor Parcel Number 47707128
Community Details
Overview
- Pelican Ridge Association
- Newport Coast Association
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2021
Closed on
Jul 10, 2021
Sold by
Zho Wuzhong and Chen Ting
Bought by
Yang Xuequin
Seller's Agent
Kathy Zhou
Ascendant Realty
Buyer's Agent
Jenn Chen
MiLuxe Realty
List Price
$6,700,000
Sold Price
$6,500,000
Premium/Discount to List
-$200,000
-2.99%
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
$3,418,054
Avg. Annual Appreciation
10.56%
Purchase Details
Listed on
Nov 28, 2013
Closed on
Jun 25, 2014
Sold by
Berman Stuart and Berman Toni A
Bought by
Zhao Wuzhong and Chen Ting
Seller's Agent
Lucy Scott
ReMax 2000 Realty
Buyer's Agent
Chesley Chao
Kingston Realty
List Price
$4,980,000
Sold Price
$4,280,000
Premium/Discount to List
-$700,000
-14.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$2,973,600
Interest Rate
3.11%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 10, 2003
Sold by
Anderson J Todd
Bought by
Berman Stuart and Berman Toni A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 7, 1998
Sold by
Bravante George R and Bravante Nancy N
Bought by
Anderson J Todd and The Anderson Family Trust
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
6.62%
Purchase Details
Closed on
Sep 29, 1997
Sold by
Catellus Residential Ocean Ridge Inc
Bought by
Bravante George R and Bravante Nancy N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.44%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $6,500,000 | Old Republic Title Company | |
| Grant Deed | $4,248,000 | Fidelity National Title | |
| Grant Deed | $2,556,000 | Chicago Title Co | |
| Grant Deed | -- | Stewart Title | |
| Grant Deed | $1,082,727 | First American Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,973,600 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $650,000 | Purchase Money Mortgage | |
| Previous Owner | $1,000,000 | No Value Available | |
| Previous Owner | $650,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2021 07/16/21 | Sold | $6,500,000 | -3.0% | $1,208 / Sq Ft | View Prior Sale |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- | |
| 06/27/2021 06/27/21 | For Sale | $6,700,000 | +56.5% | $1,245 / Sq Ft | |
| 06/30/2014 06/30/14 | Sold | $4,280,000 | -4.8% | $793 / Sq Ft | |
| 01/22/2014 01/22/14 | Price Changed | $4,498,000 | -1.8% | $833 / Sq Ft | |
| 12/06/2013 12/06/13 | Price Changed | $4,580,000 | -8.0% | $848 / Sq Ft | |
| 11/28/2013 11/28/13 | For Sale | $4,980,000 | -- | $922 / 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 | $73,103 | $6,897,852 | $5,661,213 | $1,236,639 |
| 2024 | $73,103 | $6,762,600 | $5,550,208 | $1,212,392 |
| 2023 | $71,483 | $6,630,000 | $5,441,380 | $1,188,620 |
| 2022 | $70,301 | $6,500,000 | $5,334,686 | $1,165,314 |
| 2021 | $51,620 | $4,810,894 | $3,644,132 | $1,166,762 |
| 2020 | $51,683 | $4,761,565 | $3,606,766 | $1,154,799 |
| 2019 | $50,795 | $4,668,201 | $3,536,045 | $1,132,156 |
| 2018 | $49,789 | $4,576,668 | $3,466,711 | $1,109,957 |
| 2017 | $49,847 | $4,486,930 | $3,398,736 | $1,088,194 |
| 2016 | $50,906 | $4,398,951 | $3,332,094 | $1,066,857 |
| 2015 | $50,519 | $4,332,875 | $3,282,043 | $1,050,832 |
| 2014 | $36,184 | $3,023,617 | $2,140,712 | $882,905 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Zhou
-
Jenn Chen
Buyer's Agent in 2021
Jenn Chen
MiLuxe Realty
(562) 569-8872
7 in this area
22 Total Sales
-
Paul Daftarian
Buyer Co-Listing Agent in 2021
Paul Daftarian
Luxe Real Estate
(714) 865-5969
90 in this area
242 Total Sales
-
L
Seller's Agent in 2014
Lucy Scott
RE/MAX
-
C
Buyer's Agent in 2014
Chesley Chao
Kingston Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR13239255
APN: 477-071-28
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