NOT LISTED FOR SALE

Estimated Value: $8,312,000 - $13,555,565

5 Beds
8 Baths
5,569 Sq Ft
$1,913/Sq Ft Est. Value

Last Sold December 03, 2014

Last sale price $6,711,888 $1,205 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $64,089/month

21 Days on Market

Highlights

  • White Water Ocean Views
  • Attached Guest House
  • Wine Cellar
  • El Morro Elementary School Rated A+
  • Fitness Center
  • 24-Hour Security

About This Home

As of December 2014

Situated on an elevated bluff, in a secluded area of exclusive Crystal Cove, this unique 5,569 sq ft resort-style Watermark residence has an additional 972 sq ft of covered outdoor spaces (615 sq ft heated), 2021 sq ft of uncovered outdoor spaces complete the coastal ambiance. A flexible 5 bed, 5 full & 3 half bath design transports you into a world of serenity and ease, integrating lighting, music, home theater, climate/security with an advanced Control 4 Smart House system. A tranquil courtyard w/loggia entrance opens to all areas of the home, including a guest casita & bedroom. Both intimate gatherings and lavish entertaining are accommodated by the chef’s kitchen w/professional grade appliances, large center island, walk-in pantry and morning room. With views to Palos Verdes from a private viewing deck, the upstairs master retreat evokes comfort and luxury featuring separate baths. Contiguous outdoor living areas complement an infinity edge salt-water pool w/two decks overlooking sweeping sea vistas, Catalina and Pelican Hill Golf Course. A finished 3-car garage completes this exemplary home. Crystal Cove offers private gate access, is in close proximity to the area’s best schools, John Wayne Airport, Pelican Hill Golf Resort, shops and restaurants.

Last Agent to Sell the Property

John Cain

Pacific Sotheby's Int'l Realty License #01467294 Listed on: 10/07/2014

Pacific Sotheby's Int'l Realty

Co-Listed By

Kathryn White

Coldwell Banker Realty License #01346645

Last Buyer's Agent

I-Hui Hsu

IRN Realty License #01100526

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,852

Year Built

  • Built in 2001

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System
  • Private Yard
  • Back Yard

HOA Fees

  • $615 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,569 Sq Ft Home
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Window Screens
  • French Doors
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Laundry Room
  • Attic

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bidet
  • Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Intercom
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Lake Privileges
  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Fireplace
  • Lanai
  • Terrace
  • Outdoor Grill

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 15818
  • Assessor Parcel Number 47720213

Community Details

Overview

  • Built by Taylor Woodrow
  • Casa Pacifica

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,852

Year Built

Built in 2001

Lot Details

0

HOA Fees

$615 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Guarded, Smoke Detector(s), Security System
  • Subdivision Name Other: Watermark (CCWM)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47720213
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5569.00
  • Interior Amenities: Beamed Ceilings, Balcony, Cathedral Ceiling(s), Crown Molding, Granite Counters, Home Automation System, High Ceilings, Intercom, Pantry, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Living Room, Outside
  • Levels: Two
  • Price Per Square Foot: 1205.22
  • Room Type: Attic, Bonus Room, Entry, Family Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Office, Wine Cellar
  • Spa Features: Association, Heated, In Ground, Private
  • Window Features: Custom Covering, Double Pane Windows, Screens
  • Bathroom Features: Bidet, Bathtub, Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House, Guest House Attached
  • Exterior Features: Barbecue Private
  • View: Catalina, City Lights, Coastline, Golf Course, Ocean, Panoramic, Water, White Water
  • Builder Name: Taylor Woodrow
  • Patio And Porch Features: Covered, Enclosed, Lanai, Patio Open, Patio, Terrace
  • Pool Features: Association, Heated, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Double Oven, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Guard, Gym/Ex Room, Picnic Area, Playground, Pool, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 615.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 12781.00
  • Lot Size Acres: 0.2930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12781.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Lake Privileges

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 15818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Oct 29, 2014
Sold by
Johnston Michael A and Johnston Eva A
Bought by
Chen I Hsin and Song Xiao Hong
Seller's Agent
John Cain
Pacific Sotheby's Int'l Realty
Buyer's Agent
I-Hui Hsu
IRN Realty
List Price
$7,288,000
Sold Price
$6,711,888
Premium/Discount to List
-$576,112
-7.9%
Current Estimated Value
$10,654,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,942,253
Avg. Annual Appreciation
4.35%
Original Mortgage
$4,000,000
Outstanding Balance
$2,991,326
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$7,662,815

Purchase Details

Closed on
Oct 7, 2002
Sold by
Johnston Michael and Johnston Eva
Bought by
Johnston Michael A and Johnston Eva A

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
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2001
Sold by
Taylor Woodrow Homes Inc
Bought by
Johnston Michael and Johnston Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Chen I Hsin $6,712,000 California Title Company
Johnston Michael A -- Chicago Title
Johnston Michael -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen I Hsin $4,000,000
Previous Owner Johnston Michael A $1,000,000
Previous Owner Johnston Michael $1,100,000
Closed Johnston Michael $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2014 12/03/14 Sold $6,711,888 -7.9% $1,205 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/07/2014 10/07/14 For Sale $7,288,000 -- $1,309 / 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 $83,852 $8,066,681 $6,517,463 $1,549,218
2024 $83,852 $7,908,511 $6,389,669 $1,518,842
2023 $82,014 $7,753,443 $6,264,382 $1,489,061
2022 $80,479 $7,601,415 $6,141,551 $1,459,864
2021 $82,703 $7,452,368 $6,021,128 $1,431,240
2020 $81,989 $7,375,954 $5,959,389 $1,416,565
2019 $80,640 $7,231,328 $5,842,538 $1,388,790
2018 $79,162 $7,089,538 $5,727,979 $1,361,559
2017 $77,947 $6,950,528 $5,615,666 $1,334,862
2016 $77,163 $6,814,244 $5,505,555 $1,308,689
2015 $72,185 $6,711,888 $5,422,856 $1,289,032
2014 $36,387 $3,279,423 $2,294,870 $984,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14215543

California Regional Multiple Listing Service (CRMLS)

APN: 477-202-13