NOT LISTED FOR SALE

Estimated Value: $5,469,000 - $7,219,000

4 Beds
5.5 Baths
4,600 Sq Ft
$1,385/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $3,465,000 $753 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $37,718/month

15 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • In Ground Pool
  • Newport Coast Elementary School Rated A
  • 24-Hour Security
  • Open Floorplan

About This Home

As of May 2021

A private oasis situated on a premier, west-facing corner lot, this beautiful 4-bedroom, 5.5-bathroom estate is nestled in the prestigious guard gated community of Pacific Ridge. Warm and inviting, the residence invites a relaxed lifestyle with an open floorplan thoughtfully designed to blend luxurious interiors and the entertainer’s backyard with pool, spa, built-in barbecue, and fireplace. Measuring appx. 4,600 sq. ft., the spacious home delivers every modern convenience desirable including a detached casita, wine closet, wet bar, and a first-floor executive office with en-suite bath that could be easily converted into a fifth bedroom. Built with the highest quality materials and upgrades, the home showcases walnut wood flooring, knotty alder doors, base and crown moldings, and an abundance of built-ins throughout. Large-scale parties and intimate gatherings alike are made easy with the chef’s kitchen featuring an oversized center island, high-end appliances, and walk-in pantry. On the second level awaits 3 of the 4 bedrooms including the master suite with oversized expanded bathroom, dual walk-in closets, soaking tub, and private master deck with peek-a-boo ocean and sunset views. Additional highlights of this premier residence include a corner cul-de-sac location, recent PEX re-pipe, 3-car garage, and a serene, private setting in the highly desirable Belcara tract of Newport Coast.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 04/15/2021

Coldwell Banker Realty

Co-Listed By

Mahlia Rittenhouse

Coldwell Banker Realty License #01920332

Last Buyer's Agent

Mahnaz Sharifi

Compass License #01952449

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,537

Year Built

  • Built in 2004

Lot Details

  • 10,692 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

  • $530 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available

Property Views

  • Ocean
  • Catalina

Home Design

  • Planned Development

Interior Spaces

  • 4,600 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • French Doors
  • Entryway
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Storage

Kitchen

  • Open to Family Room
  • Six Burner Stove
  • Built-In Range
  • Range Hood
  • Kitchen Island

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 16494
  • Assessor Parcel Number 47845240

Community Details

Overview

  • Pacific Ridge Maintenance Association, Phone Number (800) 428-5588
  • First Service Residential HOA
  • Belcara Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,537

Year Built

Built in 2004

Lot Details

0

HOA Fees

$530 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Belcara (PRBC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47845240
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4600.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Storage, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Outside
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 753.26
  • Room Type: Entry, Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Bedroom, Office, Walk-In Closet, Wine Cellar
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Upgraded
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Patio And Porch Features: Covered, Deck
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Guard, Security, Controlled Access
  • Association Fee: 530.00
  • Association Fee Frequency: Monthly
  • Association Name: PACIFIC RIDGE MAINTENANCE ASSOCIATION
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: First Service Residential

Schools

  • School District: Newport Mesa Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lawn, Lot 10000-19999 Sqft, Level, Yard
  • Lot Size Sq Ft: 10692.00
  • Lot Size Acres: 0.2455

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10692.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 20
  • Tax Tract Number: 16494

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
Khazaeizadeh Alireza and Khazaeizadeh Mahnaz
Bought by
Sharifi Mahnaz
Current Estimated Value
$6,370,549

Purchase Details

Closed on
Jan 19, 2022
Sold by
Alireza Khazaeizadeh
Bought by
Khazaeizadeh Alireza and Sharifi Mahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 20, 2021
Sold by
Smith Fane S and Smith Charles M
Bought by
Khazaeizadeh Alireza and Sharifi Mahnaz
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Mahnaz Sharifi
Compass
List Price
$3,495,000
Sold Price
$3,465,000
Premium/Discount to List
-$30,000
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%

Purchase Details

Closed on
Feb 21, 2007
Sold by
Elhendy Adel A and Elhendy Johnette L
Bought by
Smith Fane S and Smith Charlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,950
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 8, 2006
Sold by
Conley J David
Bought by
Elhendy Adel A and Elhendy Johnette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving
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
Sharifi Mahnaz -- --
Khazaeizadeh Alireza -- Timios
Khazaeizadeh Alireza $3,465,000 Chicago Title
Smith Fane S $3,199,000 California Title Company
Elhendy Adel A $3,140,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khazaeizadeh Alireza $970,000
Previous Owner Smith Fane S $2,399,250
Previous Owner Elhendy Adel A $2,511,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $3,465,000 -0.9% $753 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $3,495,000 0.0% $760 / Sq Ft
05/26/2020 05/26/20 Rented $15,000 0.0% --
05/23/2020 05/23/20 Under Contract -- -- --
02/07/2020 02/07/20 For Rent $15,000 0.0% --
03/24/2018 03/24/18 Rented $15,000 0.0% --
03/23/2018 03/23/18 Under Contract -- -- --
12/02/2017 12/02/17 For Rent $15,000 -- --
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 $42,537 $3,750,626 $2,498,024 $1,252,602
2024 $42,537 $3,677,085 $2,449,043 $1,228,042
2023 $41,685 $3,604,986 $2,401,023 $1,203,963
2022 $40,833 $3,534,300 $2,353,944 $1,180,356
2021 $45,471 $3,959,591 $2,725,212 $1,234,379
2020 $45,305 $3,918,991 $2,697,269 $1,221,722
2019 $44,893 $3,842,149 $2,644,382 $1,197,767
2018 $44,068 $3,766,813 $2,592,531 $1,174,282
2017 $43,873 $3,692,954 $2,541,697 $1,151,257
2016 $39,417 $3,335,000 $2,317,782 $1,017,218
2015 $36,935 $3,130,000 $2,112,782 $1,017,218
2014 $36,733 $3,130,000 $2,112,782 $1,017,218
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21071404

California Regional Multiple Listing Service (CRMLS)

APN: 478-452-40