NOT LISTED FOR SALE

Estimated Value: $8,744,000 - $13,356,940

5 Beds
6.5 Baths
6,802 Sq Ft
$1,518/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $9,350,000 $1,375 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $67,021/month

24 Days on Market

Highlights

  • 24-Hour Security
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Sauna
  • Custom Home

About This Home

As of January 2022

Situated on a rare flat lot spanning nearly 25,000 sqft., 9 Skycrest offers a rare combination of timeless elegance along with an ideal floor-plan designed for everyday living as well as grand entertaining. Enjoy stunning mountain, canyon, and city light vistas from this newly updated Pelican Crest custom estate that offers 5 beds (1 down, 4 up), 6.5 bath, main floor office, gym and sauna. The custom residence boasts soaring ceilings which are accentuated by a floating spiral staircase offering a sense of grandeur that is only found in a true custom estate. Guests are greeting by entry gates and a motor court which connects the long driveway to the from entrance and glass and wrought iron entrance doors. The backyard is a resort like setting with a pool, spa, BBQ bar island, multiple seating areas, lush grassy areas, and provides extreme privacy. The main floor hosts an executive office by the front door, main floor guest suite, gym & sauna; the upper floor houses the grand master bedroom + retreat along with three other secondary guest suites and laundry room. Pelican Crest is the crown jewel of Newport Coast and is a community comprised of only custom homes with 24-hour gate guard access and wonderful amenities and an ideal location to world class shopping, dining, beaches, and offers award winning schools and close proximity to freeways and airport access.

Last Listed By

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 12/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $104,307

Year Built

  • Built in 2001

Lot Details

  • 0.57 Acre Lot
  • Wrought Iron Fence
  • Fence is in good condition
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Auto Driveway Gate
  • Driveway
  • Controlled Entrance

Property Views

  • Pool
  • Neighborhood

Home Design

  • Custom Home
  • Traditional Architecture
  • Planned Development
  • Clay Roof

Interior Spaces

  • 6,802 Sq Ft Home
  • Wet Bar
  • Bar
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Storage
  • Sauna
  • Home Gym
  • Stone Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Tile Countertops
  • Built-In Trash or Recycling Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Fireplace in Bathroom
  • Bidet
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Pool Cover

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Newport Coast Elementary School
  • Corona Del Mar Middle School
  • Corona Del Mar High School

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 15105
  • Assessor Parcel Number 47308333
  • $1,511 per year additional tax assessments

Community Details

Overview

  • Pelican Crest Association, Phone Number (800) 428-5588
  • Newport Coast Association
  • First Service HOA
  • Pelican Crest Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Sauna

Recreation

  • Community Pool
  • Community Spa
  • Bike Trail

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$104,307

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,079 per month

Parking

4

Listing Details

  • Structure Type: House
  • Other Phone Description: Paul Daftarian
  • Other Phone Number: 714.865.5969
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Wired for Alarm System
  • Subdivision Name Other: Pelican Crest (NCPC)
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47308333
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6802.00 Square Feet
  • Interior Amenities: Balcony, Bar, Crown Molding, High Ceilings, Pantry, Recessed Lighting, Stone Counters, Storage, Two Story Ceilings, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 6
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Bath, Den, Family Room, Master Bedroom, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1374.60
  • Room Type: Attic, Entry, Exercise Room, Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite, Office, Sauna, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated
  • Bathroom Features: Bathtub, Bidet, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Island, Stone Counters, Tile Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Neighborhood, Pool
  • Fence: Yes
  • Fencing: Good Condition, Privacy, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Private, Heated, In Ground, Pool Cover
  • Pool Private: Yes
  • Roof: Clay
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Direct Garage Access, Driveway, Concrete, Garage, Private
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Central, High Efficiency
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Picnic Area
  • Association Fee: 700.00
  • Association #2 Fee: 379.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Crest
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Biking, Curbs, Gutters, Storm Drains, Suburban
  • Association Management: First Service

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport Coast
  • Middle School: Corona Del Mar
  • High School: Corona Del Mar
  • Elementary School: Newport Coast
  • High School: Corona Del Mar
  • Middle Or Junior School: Corona Del Mar
  • Elementary School #2: NEWCOA
  • High School2: CODEMA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 20000-39999 Sqft, Yard
  • Lot Size Sq Ft: 24976.00
  • Lot Size Acres: 0.5734

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24976.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 3
  • Tax Tract Number: 15105
  • TaxOtherAnnualAssessmentAmount: 1511.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 4, 2022
Sold by
Samir M Patel Trust
Bought by
Akhparian Llc
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$9,350,000
Sold Price
$9,350,000
Total Days on Market
24
Current Estimated Value
$10,326,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$976,313
Avg. Annual Appreciation
2.33%
Original Mortgage
$6,545,000
Outstanding Balance
$6,118,270
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$3,980,261

Purchase Details

Listed on
Jun 29, 2020
Closed on
Oct 22, 2020
Sold by
Kaabipour Ebrahim Abe and Kaabipour Shahla
Bought by
Patel Samir Mukund and The Samir M Patel Trust
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Paul Daftarian
Luxe Real Estate
List Price
$7,485,000
Sold Price
$7,100,000
Premium/Discount to List
-$385,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.03%
Original Mortgage
$497,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2019
Sold by
Aks Associates Llc
Bought by
Kaabipour Ebrahim Abe and Kaabipour Shahla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,999,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 23, 2019
Sold by
Xu Yixin
Bought by
Aks Associates Llc
Seller's Agent
Michael La Riche
Coldwell Banker Realty
Buyer's Agent
Abe Kaabipour
AK Associates
List Price
$7,800,000
Sold Price
$7,100,000
Premium/Discount to List
-$700,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Listed on
May 20, 2017
Closed on
May 5, 2017
Sold by
Newport Beach Star Llc
Bought by
Xu Yixin
Seller's Agent
Michael La Riche
Coldwell Banker Realty
Buyer's Agent
Michael La Riche
Coldwell Banker Realty
Sold Price
$20,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%
Original Mortgage
$4,050,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 1, 2016
Closed on
Mar 22, 2017
Sold by
Jeaid Revilla J and Jeaid Ayed Al
Bought by
Newport Beach Star Llc
Seller's Agent
Cindy Chin
Cindy Chin Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$7,498,000
Sold Price
$6,750,000
Premium/Discount to List
-$748,000
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 15, 2013
Closed on
Feb 28, 2013
Sold by
Song Dong Hyo and Oh Sook Ja
Bought by
Newport Beach Star Trust
Seller's Agent
Kooksun Lee
Together Realty
Buyer's Agent
Liz Grech
My Home Group Real Estate Inc.
List Price
$5,390,000
Sold Price
$4,800,000
Premium/Discount to List
-$590,000
-10.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$2,880,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Song Dong Hyo and Oh Sook Ja
Bought by
Song Dong Hyo and Oh Sook Ja

Purchase Details

Closed on
Apr 18, 2005
Sold by
Irvine Community Development Co Llc
Bought by
Azizollahi Arsalan and Brokhim Nasrin A

Purchase Details

Closed on
Feb 17, 2005
Sold by
Azizollahi Arsalan and Brokhim Nasrin Azizzollahi
Bought by
Song Dong Hyo and Oh Sook Ja

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
Akhparian Llc $9,350,000 New Title Company Name
Patel Samir Mukund $7,100,000 Chicago Title Company
Kaabipour Ebrahim Abe -- Chicago Title Company
Aks Associates Llc $6,931,500 Chicago Title Company
Xu Yixin $6,750,000 Fidelity National Title Oran
Newport Beach Star Llc -- Fidelity National Title Oran
Newport Beach Star Trust $4,800,000 Landwood Title
Song Dong Hyo -- --
Azizollahi Arsalan -- First American Title Co
Song Dong Hyo $54,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhparian Llc $6,545,000
Previous Owner Patel Samir Mukund $497,000
Previous Owner Kaabipour Ebrahim Abe $3,999,500
Previous Owner Xu Yixin $3,948,000
Previous Owner Xu Yixin $4,050,000
Previous Owner Newport Beach Star Trust $2,880,000
Previous Owner Azizollahi Arsalan $2,500,000
Previous Owner Azizollahi Arsalan $1,605,000
Previous Owner Azizollahi Arsalan $250,000
Previous Owner Azizollahi Arsalan $1,560,000
Previous Owner Azizollahi Arsalan $1,455,000
Previous Owner Azizollahi Arsalan $1,450,000
Previous Owner Brokhim Nasrin $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $9,350,000 0.0% $1,375 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $9,350,000 +31.7% $1,375 / Sq Ft
10/30/2020 10/30/20 Sold $7,100,000 -5.1% $1,044 / Sq Ft
09/19/2020 09/19/20 For Sale $7,485,000 +5.4% $1,100 / Sq Ft
08/29/2020 08/29/20 Off Market $7,100,000 -- --
08/24/2020 08/24/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $7,485,000 -4.6% $1,100 / Sq Ft
06/29/2020 06/29/20 For Sale $7,850,000 +10.6% $1,154 / Sq Ft
05/08/2019 05/08/19 Sold $7,100,000 -9.0% $1,044 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
04/07/2019 04/07/19 For Sale $7,800,000 +9.9% $1,147 / Sq Ft
04/02/2019 04/02/19 Off Market $7,100,000 -- --
02/22/2019 02/22/19 For Sale $7,800,000 0.0% $1,147 / Sq Ft
04/05/2018 04/05/18 Rented $20,000 +33.3% --
04/05/2018 04/05/18 Under Contract -- -- --
03/21/2018 03/21/18 Price Changed $15,000 0.0% $2 / Sq Ft
03/21/2018 03/21/18 For Rent $15,000 -25.0% --
02/09/2018 02/09/18 Off Market $20,000 -- --
01/25/2018 01/25/18 Price Changed $20,000 +11.1% $3 / Sq Ft
01/03/2018 01/03/18 Price Changed $18,000 -10.0% $3 / Sq Ft
12/03/2017 12/03/17 Price Changed $20,000 -16.7% $3 / Sq Ft
11/21/2017 11/21/17 Price Changed $24,000 +9.1% $4 / Sq Ft
11/20/2017 11/20/17 For Rent $22,000 +10.0% --
05/25/2017 05/25/17 Rented $20,000 -13.0% --
05/20/2017 05/20/17 For Rent $23,000 0.0% --
05/19/2017 05/19/17 Sold $6,750,000 -1.5% $992 / Sq Ft
01/29/2017 01/29/17 Price Changed $6,850,000 -8.6% $1,007 / Sq Ft
11/01/2016 11/01/16 For Sale $7,498,000 +56.2% $1,102 / Sq Ft
03/05/2013 03/05/13 Sold $4,800,000 -10.9% --
12/29/2012 12/29/12 Pending -- -- --
10/28/2012 10/28/12 For Sale $5,390,000 -- --
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
2024 $104,307 $9,727,740 $5,566,140 $4,161,600
2023 $101,962 $9,537,000 $5,457,000 $4,080,000
2022 $77,640 $7,242,000 $3,672,700 $3,569,300
2021 $75,534 $7,100,000 $3,600,686 $3,499,314
2020 $75,948 $7,070,002 $3,463,689 $3,606,313
2019 $75,645 $7,022,700 $3,878,244 $3,144,456
2018 $74,140 $6,885,000 $3,802,200 $3,082,800
2017 $55,654 $5,092,994 $1,933,369 $3,159,625
2016 $58,207 $4,993,132 $1,895,460 $3,097,672
2015 $57,769 $4,918,131 $1,866,988 $3,051,143
2014 $56,421 $4,821,792 $1,830,416 $2,991,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21260408

California Regional Multiple Listing Service (CRMLS)

APN: 473-083-33