NOT LISTED FOR SALE

Estimated Value: $8,514,000 - $9,848,680

5 Beds
5.5 Baths
4,805 Sq Ft
$1,921/Sq Ft Est. Value

Last Sold September 07, 2017

Last sale price $5,220,000 $1,086 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $54,706/month

98 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Newport Coast Elementary School Rated A
  • Filtered Pool
  • Ocean Side of Freeway

About This Home

As of September 2017

Discover the timeless elegance of 9 Via Palladio located within Newport Coast’s prestigious guard gated community of Pelican Heights. Capture breathtaking sunsets and panoramic views of the coastline to Palos Verdes, Fashion Island city lights, Villa del Lago and coastal canyons, from the serene and expansive private grounds of this front row property. Designed to entertain, this five en suite bedroom estate boasts an infinity edge spa and pool, outdoor kitchen, scenic decks, and covered loggia. Entering the home, you are greeted by a grand foyer with volume ceilings that are carried throughout the house. The spacious formal living room and dining room flow seamlessly onto the rear loggia, and west facing windows provide an abundance of natural light. The chef's kitchen including Viking appliances adjoins the open concept great room. The main level also features an executive office and an en suite bedroom with private entrance. Upstairs, the vast master suite has a retreat and fireplace, view terrace, large walk-in closet, and a spa like master bath with jetted tub. All main rooms provide stunning views in this home that has been meticulously maintained. Home is on a quiet, level, single loaded cul-de-sac, and part of Newport Coast Community Association enjoying all amenities. It is conveniently situated close to beautiful beaches, Crystal Cove State park, Pelican Hill Resort and Golf Club, world-class restaurants, hiking and biking trails, and John Wayne Airport.

Last Agent to Sell the Property

Leo Goldschwartz

Coldwell Banker Realty License #01704591 Listed on: 05/03/2017

Coldwell Banker Realty

Co-Listed By

Lori Wright

Real Brokerage Technologies, Inc License #01721094

Last Buyer's Agent

John Cain

Pacific Sotheby's Int'l Realty License #01467294

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,023

Year Built

  • Built in 2000

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Glass Fence
  • Stucco Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

HOA Fees

Parking

  • 3 Car Direct Access Garage
  • 6 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Side Facing Garage
  • Three Garage Doors
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Views of a landmark
  • Canyon
  • Mountain
  • Hills
  • Pool

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Insulated Concrete Forms
  • Spanish Tile Roof
  • Seismic Tie Down
  • Quake Bracing
  • Stucco

Interior Spaces

  • 4,805 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Solar Tinted Windows
  • Insulated Windows
  • Plantation Shutters
  • Blinds
  • French Mullion Window
  • Casement Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Insulated Doors
  • Panel Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Storage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Indoor Grill
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Spa Bath
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Gas Dryer Hookup

Home Security

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

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits

Pool

  • Filtered Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool
  • Waterfall Pool Feature
  • Permits For Spa
  • Permits for Pool

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • 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
  • SEER Rated 16+ Air Conditioning Units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Hot Water Circulator
  • Gas Water Heater
  • Central Water Heater
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 14070
  • Assessor Parcel Number 47303418

Community Details

Overview

  • Pelican Heights Association, Phone Number (949) 363-1963
  • Newport Coast Community Assoc Association
  • Residence Two

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Ping Pong Table
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,023

Year Built

Built in 2000

Lot Details

0

HOA Fees

$710 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9494007333
  • Other Phone Number: 9494007333
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated with Guard, Security System
  • Subdivision Name Other: Montecito (MONT)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47303418
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4805.00 Square Feet
  • Interior Amenities: Balcony, Bar, Built-in Features, Cathedral Ceiling(s), Coffered Ceiling(s), Crown Molding, Granite Counters, High Ceilings, Intercom, Open Floorplan, Pantry, Phone System, Recessed Lighting, Storage, Tray Ceiling(s), Wet Bar, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: Ground level with steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, 36 Inch Or More Wide Halls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Insulated Doors, Mirror Closet Door(s), Panel Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Master Retreat, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1086.37
  • Room Type: Family Room, Formal Entry, Foyer, Great Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Walk-In Closet, Walk-In Pantry
  • Spa Features: Association, Bath, Heated, In Ground, Permits, Private
  • Window Features: Blinds, Casement Windows, Double Pane Windows, French/Mullioned, Insulated Windows, Plantation Shutters, Screens, Solar Tinted Windows
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Jetted Tub, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Stone Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Quake Bracing, Seismic Tie Down, Slab
  • Exterior Features: Awning(s), Barbecue Private, Lighting, Rain Gutters
  • View: Canyon, City Lights, Coastline, Hills, Landmark, Mountain(s), Ocean, Panoramic, Pool
  • Fence: Yes
  • Fencing: Glass, Good Condition, Stucco Wall
  • Patio And Porch Features: Concrete, Covered, Deck, Patio Open, Front Porch, Stone
  • Pool Features: Association, Community, Private, In Ground, Waterfall, Filtered, Gas Heat, Permits
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Glass, Icfs (Insulated Concrete Forms), Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 3
  • Parking Features: Built-In Storage, Driveway, Concrete, Direct Garage Access, Garage Faces Side, Garage - Three Door, Garage Door Opener, Street
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, Double Oven, Electric Oven, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Indoor Grill, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Central, Zoned, Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned, Electric, High Efficiency, Seer Rated 16+
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast Community Assoc
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Barbecue, Playground, Tennis Court(s), Paddle Tennis, Clubhouse, Meeting Room, Pet Rules, Management, Guard, Security
  • Association Fee: 625.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Pelican Heights
  • Phone: 949-363-1963
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

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: 2-5 Units/Acre, Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Paved, Planned Unit Development, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 11265.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 86
  • Tax Tract Number: 14070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Sep 6, 2017
Sold by
Lee Sang Yup
Bought by
Lee Annie
Seller's Agent
Leo Goldschwartz
Coldwell Banker Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$5,488,000
Sold Price
$5,220,000
Premium/Discount to List
-$268,000
-4.88%
Current Estimated Value
$9,230,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,010,170
Avg. Annual Appreciation
7.34%
Original Mortgage
$2,610,000
Outstanding Balance
$2,245,416
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,984,754

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 28, 2017
Sold by
Wright Gary and Wright Lori
Bought by
Lee Sang Yup and Lee Annie
Seller's Agent
Leo Goldschwartz
Coldwell Banker Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$5,488,000
Sold Price
$5,220,000
Premium/Discount to List
-$268,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,610,000
Outstanding Balance
$2,245,416
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,984,754

Purchase Details

Listed on
May 3, 2017
Closed on
Aug 3, 2017
Sold by
Lee Annie
Bought by
Lee Sang Yup
Seller's Agent
Leo Goldschwartz
Coldwell Banker Realty
Buyer's Agent
John Cain
Pacific Sotheby's Int'l Realty
List Price
$5,488,000
Sold Price
$5,220,000
Premium/Discount to List
-$268,000
-4.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,610,000
Outstanding Balance
$2,245,416
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,984,754

Purchase Details

Closed on
Jan 11, 2007
Sold by
Wright Gary and Wright Lori
Bought by
Wright Gary and Wright Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Wright Gary and Wright Lori
Bought by
Wright Gary and Wright Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 2002
Sold by
Wright Gary and Wright Lori
Bought by
Wright Gary and Wright Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 24, 2001
Sold by
Wright Gary and Wright Lori
Bought by
Wright Gary and Wright Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 12, 2001
Sold by
Wright Gary and Wright Lori
Bought by
Wright Gary and Wright Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 10, 2000
Sold by
Cph Newport Coast Llc
Bought by
Wright Gary and Wright Lori

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
7.75%
Source: Public Records

Range of Values:

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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
Lee Annie -- None Available
Lee Sang Yup $5,220,000 First American Title Co
Lee Sang Yup -- First American Title Co
Wright Gary -- Fidelity National Title
Wright Gary -- Fidelity National Title
Wright Gary -- Ticor Title
Wright Gary -- American Title
Wright Gary -- Fidelity National Title Ins
Wright Gary -- Old Republic Title Company
Wright Gary $1,495,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sang Yup $2,610,000
Closed Wriht Gary $250,000
Previous Owner Wright Gary $1,220,000
Previous Owner Wright Gary $300,000
Previous Owner Wright Gary $200,000
Previous Owner Wright Gary $1,100,000
Previous Owner Wright Gary $995,000
Previous Owner Wright Gary $995,000
Previous Owner Wright Gary $995,000
Previous Owner Wright Gary $995,000
Previous Owner Wright Gary $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Sold $5,220,000 -4.9% $1,086 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $5,488,000 0.0% $1,142 / Sq Ft
12/08/2015 12/08/15 Rented $16,500 -5.7% --
10/22/2015 10/22/15 Price Changed $17,495 -5.4% $4 / Sq Ft
09/12/2015 09/12/15 Price Changed $18,500 -7.5% $4 / Sq Ft
06/29/2015 06/29/15 For Rent $20,000 -- --
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
2025 $63,023 $5,939,467 $4,959,247 $980,220
2024 $63,023 $5,823,007 $4,862,007 $961,000
2023 $61,638 $5,708,831 $4,766,674 $942,157
2022 $60,618 $5,596,894 $4,673,210 $923,684
2021 $58,904 $5,487,151 $4,581,578 $905,573
2020 $58,990 $5,430,888 $4,534,600 $896,288
2019 $57,949 $5,324,400 $4,445,686 $878,714
2018 $56,799 $5,220,000 $4,358,515 $861,485
2017 $23,299 $2,016,212 $1,278,256 $737,956
2016 $25,406 $1,976,679 $1,253,192 $723,487
2015 $25,260 $1,946,988 $1,234,368 $712,620
2014 $24,712 $1,908,850 $1,210,189 $698,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17095928

California Regional Multiple Listing Service (CRMLS)

APN: 473-034-18