NOT LISTED FOR SALE

Estimated Value: $3,193,000 - $31,394,427

6 Beds
10 Baths
13,600 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold March 08, 2012

Last sale price $11,000,000 $809 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $85,909/month

1 Day on Market

Highlights

  • Ocean View
  • Private Pool
  • Wood Flooring
  • Newport Coast Elementary School Rated A
  • 0.63 Acre Lot
  • Mediterranean Architecture

About This Home

As of March 2012

Located on a huge, front row lot in Pelican Crest, this magnificent estate not only offers tremendous views of Newport Harbor, beaches, white water, Catalina and city lights, but also has the rarity of a very solid family floor plan. With 4 bedrooms up and a total of 6, it lends itself to family living all while providing other amenities such as huge theater, fully mirrored gym, 2 wine rooms, 2 pool baths, 3 powder rooms on main level,steam shower, sauna, secondary kitchen area in the subterranean, 6 plus garage, amazing finishes level, open floor plan, pool cabana with multiple televisions, waterfall infinity edge pool, exterior fireplace and fit pit and much more. All of this WITH NO ROOFTOPS!!!

Last Agent to Sell the Property

Rex Mckown

Compass License #01275953 Listed on: 01/23/2012

Compass

Co-Listed By

Marcy Weinstein

Compass License #01094198

Last Buyer's Agent

Sam Ali

ASH REALTY License #01225312

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $145,532

Year Built

  • Built in 2009

Lot Details

  • 0.63 Acre Lot

Parking

  • 6 Car Garage
  • Parking Available

Property Views

  • Ocean
  • Back Bay
  • Harbor
  • Catalina
  • City Lights
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 13,600 Sq Ft Home
  • Elevator
  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Dining Room
  • Library with Fireplace
  • Game Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 0.63
  • Tax Tract Number 15346
  • Assessor Parcel Number 47316316

Home Details

Home Type

Single Family

Est. Annual Taxes

$145,532

Year Built

Built in 2009

Lot Details

0

Parking

6

Listing Details

  • Assessments: Yes
  • Other Phone Description: Preferred
  • Other Phone Number: 949-689-5018
  • Property Attached: No
  • Subdivision Name Other: Pelican Crest
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47316316
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 13600.00
  • Interior Amenities: Elevator
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 8
  • Full And Three Quarter Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Eating Area: Dining Room
  • Fireplace Features: Electric, Game Room, Gas, Library, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 808.82
  • Spa Features: Private

Exterior Features

  • Patio: No
  • View: Back Bay, Catalina, City Lights, Golf Course, Harbor, Ocean
  • Fence: No
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 680.00
  • Senior Community: No

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 27603.00
  • Lot Size Acres: 0.6340

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27603.0000 Square Feet

Tax Info

  • Tax Lot: 0.63
  • Tax Tract Number: 15346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Mar 5, 2012
Sold by
Beltran Robert R and Beltran Yolanda
Bought by
Desi Family Limited Partnership
Seller's Agent
Rex Mckown
Compass
Buyer's Agent
Sam Ali
ASH REALTY
List Price
$13,899,000
Sold Price
$11,000,000
Premium/Discount to List
-$2,899,000
-20.86%
Current Estimated Value
$13,848,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,848,142
Avg. Annual Appreciation
2.10%
Original Mortgage
$5,000,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2003
Sold by
Irvine Community Development Co Llc
Bought by
Beltran Robert R and Beltran Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,145,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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
Desi Family Limited Partnership $11,000,000 Advantage Title Inc
Beltran Robert R -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desi Family Limited Partnership $5,000,000
Closed Desi Family Limited Partnership $5,000,000
Previous Owner Beltran Robert R $330,000
Previous Owner Beltran Robert R $6,590,000
Previous Owner Beltran Robert R $6,000,000
Previous Owner Beltran Robert R $7,425,000
Previous Owner Beltran Robert R $500,000
Previous Owner Beltran Robert R $6,000,000
Previous Owner Beltran Robert R $600,000
Previous Owner Beltran Robert R $2,145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2012 03/08/12 Sold $11,000,000 -20.9% $809 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $13,899,000 -- $1,022 / 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 $145,532 $13,858,770 $7,921,723 $5,937,047
2024 $145,532 $13,587,030 $7,766,395 $5,820,635
2023 $142,231 $13,320,618 $7,614,113 $5,706,505
2022 $139,889 $13,059,430 $7,464,817 $5,594,613
2021 $136,234 $12,803,363 $7,318,448 $5,484,915
2020 $135,989 $12,672,081 $7,243,407 $5,428,674
2019 $133,329 $12,423,609 $7,101,379 $5,322,230
2018 $130,668 $12,180,009 $6,962,136 $5,217,873
2017 $129,863 $11,941,186 $6,825,624 $5,115,562
2016 $130,267 $11,685,686 $6,691,789 $4,993,897
2015 $129,050 $11,496,131 $6,591,273 $4,904,858
2014 $126,062 $11,270,938 $6,462,159 $4,808,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12000335

California Regional Multiple Listing Service (CRMLS)

APN: 473-163-16