Seller's Agent in 2014
Dean Lueck
Compass
(949) 275-1801
1 in this area
137 Total Sales
8 Via Perazul Newport Coast, CA 92657
Newport Coast NeighborhoodEstimated Value: $7,948,000 - $11,227,898
4
Beds
5
Baths
5,738
Sq Ft
$1,661/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Guest House
- Wine Cellar
- Newport Coast Elementary School Rated A
- Art Studio
- 1-minute walk to Vista Ridge View Park
About This Home
As of March 2014PRICE REDUCTION!! NOW INCLUDES DESIGNER FURNISHINGS, ARTWORK AND ELECTRONICS!! This spectacular Mediterranean Villa offers the finest panoramic ocean, coastline, mountain and city light views with magnificent silhouettes of Catalina Island, Newport Harbor, Palos Verdes and Mt. Baldy. This extremely private, former model home has more than $2 million invested in the highest quality upgrades, landscape and interior design. The stunning interior by Michael Macaluso is enhanced by mesmerizing landscape by Mark Scott and Southwinds. A cascading pool/spa with marble inlays combines with multiple terraces and courtyards of Jerusalem limestone and Giallo Antico marble. 15 sets of French Doors and more than 1500 sf of covered terraces, dining pavilion and balconies creates ultimate indoor/outdoor living. Unsurpassed quality with Richard Marshall hardwood floors, 4 fireplaces and 2 story entry foyer. A gourmet kitchen offers a breakfast bar, island, dining nook, 500 bottle wine room and appliances from Sub Zero and Viking. Elaborate master suite with fireplace, retreat, covered balcony and opulent bath accented by hardwood and imported marbles inlays. A separate guest casita, private office and craft room with fireplace could be 3 additional bedrooms.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $66,087
Year Built
- Built in 1999 | Remodeled
Lot Details
- 10,437 Sq Ft Lot
- West Facing Home
HOA Fees
- $560 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Storage or Cabinetry
- Parking Available
- Driveway
Property Views
- White Water Ocean
- Coastline
- Bay
- Harbor
- Catalina
- Panoramic
- City Lights
- Bluff
- Mountain
- Hills
- Courtyard
Home Design
- Mediterranean Architecture
- Spanish Tile Roof
- Wood Siding
- Stucco
Interior Spaces
- 5,738 Sq Ft Home
- Wet Bar
- Central Vacuum
- Built-In Features
- Bar
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Double Pane Windows
- Custom Window Coverings
- Casement Windows
- French Doors
- Formal Entry
- Wine Cellar
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Office
- Library
- Game Room with Fireplace
- Bonus Room
- Art Studio
Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Double Oven
- Six Burner Stove
- Built-In Range
- Indoor Grill
- Range Hood
- Warming Drawer
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Retreat
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Cabana
- In Ground Pool
- Saltwater Pool
- In Ground Spa
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
- Patio
- Terrace
- Exterior Lighting
- Gazebo
- Outdoor Grill
Additional Features
- Guest House
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 15079
- Assessor Parcel Number 47815120
Community Details
Overview
- Ocean Heights Association, Phone Number (949) 448-6000
- Built by Taylor Woodrow
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Tennis Courts
- Community Playground
- Community Pool
- Community Spa
- Hiking Trails
Security
- Gated with Attendant
- Resident Manager or Management On Site
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2014
Closed on
Jan 30, 2014
Sold by
Stowell Christopher E and Stowell Geraldine C
Bought by
Moussa Ahmed T and The 8 Via Perazul Trust
Seller's Agent
Dean Lueck
Compass
Buyer's Agent
Heather Hosto
Pacific Sotheby's Int'l Realty
List Price
$5,350,000
Sold Price
$5,100,000
Premium/Discount to List
-$250,000
-4.67%
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
$4,429,633
Avg. Annual Appreciation
5.57%
Original Mortgage
$4,100,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 22, 2011
Sold by
Stowell Christopher E and Stowell Geraldine C
Bought by
Stowell Christopher E and Stowell Geraldine C
Purchase Details
Closed on
Mar 1, 2002
Sold by
Reznick Robert M and Reznick Christine C
Bought by
Stowell Christopher E and Stowell Geraldine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.35%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 20, 1999
Sold by
Taylor Woodrow Homes Inc
Bought by
Kivel Joseph and Kivel Marilyn Betar
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
8.12%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moussa Ahmed T | $5,100,000 | Western Resources Title Co | |
| Stowell Christopher E | -- | None Available | |
| Stowell Christopher E | $2,950,000 | Chicago Title Co | |
| Kivel Joseph | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moussa Ahmed T | $4,100,000 | |
| Previous Owner | Stowell Christopher E | $2,500,000 | |
| Previous Owner | Kivel Joseph | $1,900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2014 03/25/14 | Sold | $5,100,000 | -4.7% | $889 / Sq Ft |
| 01/23/2014 01/23/14 | Pending | -- | -- | -- |
| 01/01/2014 01/01/14 | For Sale | $5,350,000 | +4.9% | $932 / Sq Ft |
| 12/24/2013 12/24/13 | Off Market | $5,100,000 | -- | -- |
| 11/19/2013 11/19/13 | Price Changed | $5,350,000 | -0.8% | $932 / Sq Ft |
| 09/29/2013 09/29/13 | For Sale | $5,395,000 | -- | $940 / 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 | $66,087 | $6,251,899 | $4,379,763 | $1,872,136 |
| 2024 | $66,087 | $6,129,313 | $4,293,885 | $1,835,428 |
| 2023 | $64,630 | $6,009,131 | $4,209,691 | $1,799,440 |
| 2022 | $63,561 | $5,891,305 | $4,127,148 | $1,764,157 |
| 2021 | $61,777 | $5,775,790 | $4,046,224 | $1,729,566 |
| 2020 | $61,850 | $5,716,567 | $4,004,735 | $1,711,832 |
| 2019 | $60,748 | $5,604,478 | $3,926,211 | $1,678,267 |
| 2018 | $59,542 | $5,494,587 | $3,849,227 | $1,645,360 |
| 2017 | $59,337 | $5,386,850 | $3,773,751 | $1,613,099 |
| 2016 | $59,967 | $5,281,226 | $3,699,756 | $1,581,470 |
| 2015 | $59,488 | $5,201,898 | $3,644,183 | $1,557,715 |
| 2014 | $44,065 | $3,799,513 | $2,474,658 | $1,324,855 |
Source: Public Records
Agents Affiliated with this Home
-
Dean Lueck
-
Heather Hosto
Buyer's Agent in 2014
Heather Hosto
Pacific Sotheby's Int'l Realty
(949) 258-5999
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC13198606
APN: 478-151-20
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