NOT LISTED FOR SALE

Estimated Value: $4,000,000 - $4,497,000

4 Beds
3 Baths
2,506 Sq Ft
$1,719/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $3,475,000 $1,387 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $26,111/month

21 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Gated Community
  • Newport Coast Elementary School Rated A
  • Gated Parking
  • 2-minute walk to Coastal Canyon Park

About This Home

As of August 2023

Welcome to this stunning home, situated in the desirable Tesoro Villa Community, Newport Coast, where luxury and comfort harmoniously blend.
This largest villa floor plan, offers an expansive 2 story living space. Nestled on a corner lot, on its own private promontory, enjoy peek-a-boo city light and hillside views. The lot is one of the largest in Tesoro Villas (almost 6,000 SF) affording ample space for various outdoor activities and potential expansion possibilities. With four bedrooms and three full bathrooms, this home is designed to accommodate a growing family or accommodate guests in utmost comfort and privacy. The downstairs bedroom, accompanied by a beautifully remodeled bathroom, provides convenience and flexibility guest or use as an Office/Gym.
The kitchen is a culinary enthusiast's dream, featuring custom quartz counters with a striking waterfall center island. High-end stainless-steel appliances from renowned brands such as Dacor, Bosch, GE Profile, and Wolf, along with custom cabinets and a tasteful tile backsplash, combine to create a perfect blend of style and functionality. Attention to detail is evident throughout the home, with desirable upgrades such as new Pex plumbing, wrought iron railings, and new LED lighting that accentuate the modern ambiance. The 2x2 porcelain sand colored flooring adds an elegant touch to the interior spaces, while the seamless shower doors in the master bathroom enhance the sense of luxury. The outdoor area of this property is equally impressive, featuring a large and sunny side and backyard that can be accessed through double French doors, providing seamless indoor-outdoor living and creating an inviting space for barbecues and gatherings. Completing the package is an office nook, perfect for those who work from home, and an updated master bathroom that exudes contemporary elegance. With its porcelain floors, stand-alone tub, twin vanities, and a seamless glass shower, the master bathroom offers a tranquil retreat. A spacious walk-in closet adds convenience and organization to the master suite. In summary, this remarkable home embodies the epitome of luxury living. From its spacious two-story volume and well-designed floor plan to its high-end finishes and thoughtful upgrades, every aspect of this property has been meticulously curated to create a truly exceptional living experience. Don't miss the opportunity to make this home your own and indulge in the finest living that Tesoro has to offer.

Last Agent to Sell the Property

Marcus Gualter

Coldwell Banker Realty License #01079157 Listed on: 06/23/2023

Coldwell Banker Realty

Last Buyer's Agent

Tristan Sinkinson

Luxe Real Estate License #02093654

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 5,896 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Stucco Fence
  • Landscaped
  • Corner Lot
  • Sprinklers Throughout Yard
  • Garden
  • Back Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Gated Parking

Property Views

  • Woods
  • Peek-A-Boo
  • Hills
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,506 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Cathedral Ceiling
  • Double Pane Windows
  • French Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Patio
  • Outdoor Grill
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 15491
  • Assessor Parcel Number 47811149
  • $443 per year additional tax assessments

Community Details

Overview

  • Tesoro Community Assn. Association, Phone Number (800) 428-5588
  • Newport Coast Community Assn. Association
  • Fs Residential HOA
  • Built by Brookfield
  • Tesoro Villas Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Meeting Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$389 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Tesoro Villas (TEVS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47811149
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2506.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Quartz Counters, Two Story Ceilings, Unfurnished, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1386.67
  • Room Type: Family Room, Jack & Jill, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Association, Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Quartz Counters, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Hills, Neighborhood, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Builder Name: Brookfield
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener, Gated, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Ice Maker
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: NEwport Coast Community Assn.
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Dog Park, Tennis Court(s), Biking Trails, Hiking Trails, Meeting Room
  • Association Fee: 271.00
  • Association #2 Fee: 118.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tesoro Community Assn.
  • Phone: 800-428-5588
  • Senior Community: No
  • Community Features: Dog Park, Hiking, Park
  • Association Management: FS Residential

Schools

  • 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: Back Yard, Corner Lot, Cul-De-Sac, Garden, Landscaped, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 5896.00
  • Lot Size Acres: 0.1354

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5896.0000 Square Feet
  • Number Of Units In Community: 83
  • Number Of Units Total: 83

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 4
  • Tax Tract Number: 15491
  • TaxOtherAnnualAssessmentAmount: 443.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 2, 2023
Sold by
Sansev Trust
Bought by
Jesrai Tabish Bokhari and Jesrai Pegah Mohebbi
Seller's Agent
Marcus Gualter
Coldwell Banker Realty
Buyer's Agent
Tristan Sinkinson
Luxe Real Estate
List Price
$3,385,000
Sold Price
$3,475,000
Premium/Discount to List
$90,000
2.66%
Views
73
Current Estimated Value
$4,306,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,880
Avg. Annual Appreciation
9.35%
Original Mortgage
$2,275,000
Outstanding Balance
$2,221,796
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$2,085,084

Purchase Details

Closed on
Feb 23, 2018
Sold by
Eslami Mahmoud
Bought by
Eslami Mahmoud and Eslami Narges M

Purchase Details

Closed on
Mar 1, 2004
Sold by
Eslami Narges Mahjoub
Bought by
Eslami Mahmoud

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
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Linkon Teri
Bought by
Eslami Mahmoud

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
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2000
Sold by
Green Vince
Bought by
Green Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
8.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 2, 1999
Sold by
Brookfield Newport Coast Inc
Bought by
Linkon Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jesrai Tabish Bokhari $3,475,000 First American Title
Eslami Mahmoud -- None Available
Eslami Mahmoud -- First Southwestern Title Co
Eslami Mahmoud $1,350,000 First Southwestern Title Co
Linkon Teri -- First Southwestern Title Co
Green Teri -- Landsafe Title
Linkon Teri $585,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jesrai Tabish Bokhari $2,275,000
Previous Owner Eslami Mahmoud $1,000,000
Previous Owner Green Teri $20,000
Previous Owner Linkon Teri $225,000
Closed Eslami Mahmoud $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $3,475,000 +2.7% $1,387 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $3,385,000 -- $1,351 / 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 $37,885 $3,544,500 $3,105,181 $439,319
2024 $37,885 $3,475,000 $3,044,295 $430,705
2023 $20,102 $1,844,884 $1,352,385 $492,499
2022 $19,764 $1,808,710 $1,325,867 $482,843
2021 $18,904 $1,773,246 $1,299,870 $473,376
2020 $19,265 $1,755,064 $1,286,541 $468,523
2019 $19,014 $1,720,651 $1,261,314 $459,337
2018 $18,642 $1,686,913 $1,236,582 $450,331
2017 $19,025 $1,653,837 $1,212,336 $441,501
2016 $20,233 $1,621,409 $1,188,564 $432,845
2015 $19,851 $1,572,809 $1,156,713 $416,096
2014 $19,406 $1,542,000 $1,134,054 $407,946
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23109629

California Regional Multiple Listing Service (CRMLS)

APN: 478-111-49