NOT LISTED FOR SALE

Estimated Value: $3,279,234 - $4,247,000

3 Beds
2.5 Baths
2,560 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $1,880,000 $734 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $23,120/month

24 Days on Market

Highlights

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

About This Home

As of August 2018

Located in the exclusive gated Tesoro development, this Tuscany inspired view home is perfectly nestled towards the end of the cul-de-sac. This is a rare chance to own a private location with panoramic canyon views from the beautiful back patio as well as the master suite. Features include: private open front courtyard, an elegant living room, separate dining room, natural sisal flooring, and a large kitchen with a big center island. The kitchen opens up to the spacious family room with a beautiful fireplace and mantel. The home is adorned with abundant sunlight and ocean breezes during the day. Wake up to canyon views in the morning and fall asleep to the twinkling city light views from your master bedroom at night. The master bedroom also has his & her closets, dual sinks, a soaking tub, and a separate walk in shower. The back yard is ideal for entertaining offering a beautiful fire pit and the gorgeous views. The home is walking distance to the highly rated Newport Coast Elementary School, parks, HOA amenities, tennis courts, basketball courts, fabulous shopping and dining. The dining room is currently set up as a downstairs bedroom.

Last Listed By

Chaz Johnston

HomeSmart, Evergreen Realty License #01800705 Listed on: 06/12/2018

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,015

Year Built

  • Built in 1998

Lot Details

  • 4,665 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Automatic Gate

Property Views

  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Shutters
  • Blinds
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Built-In Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 15484
  • Assessor Parcel Number 47810104

Community Details

Overview

  • Tesoro HOA, Phone Number (949) 448-6000
  • Newport Coast Association

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,015

Year Built

Built in 1998

Lot Details

0

HOA Fees

$320 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Tesoro Villas (TEVS)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 47810104
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2560.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Recessed Lighting, Wainscoting
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Family Room, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 734.38
  • Room Type: All Bedrooms Up, Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Suite, Separate Family Room
  • Spa Features: Association, Community
  • Window Features: Blinds, Shutters
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Canyon, City Lights, Panoramic
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Newport Coast
  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 235.00
  • Association #2 Fee: 85.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Tesoro HOA
  • Phone: 949.448.6000
  • Senior Community: No
  • Community Features: Street Lights

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, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 4665.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.43
  • Tax Lot: 16
  • Tax Tract Number: 15484

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Kiafer Keyvan
Bought by
Kiafer Keyvan and Keyvan Kiafer Trust
Total Days on Market
24
Current Estimated Value
$3,763,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Outstanding Balance
$1,405,175
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,992,582

Purchase Details

Closed on
Dec 8, 2021
Sold by
Keyvan Kiafer
Bought by
Keyvan Kiafer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Outstanding Balance
$1,405,175
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$1,992,582

Purchase Details

Closed on
Nov 6, 2020
Sold by
Kiafer Shirin
Bought by
Kiafer Keyvan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2020
Sold by
Kiafer Keyvan
Bought by
Kiafer Keyvan and Keyvan Kiafer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2020
Sold by
Kiafer Keyvan
Bought by
Kiafer Keyvan and Keyvan Kiafer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2019
Sold by
Kiafer Keyvan and Keyvan Kiafer Trust
Bought by
Kiafer Keyvan and Keyvan Kiafer Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2019
Sold by
Kiafer Keyvan
Bought by
Kiafer Keyvan and Keyvan Kiafer Trust

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 1, 2018
Sold by
Kiafer Shirin
Bought by
Kiafer Keyvan
Seller's Agent
Chaz Johnston
HomeSmart, Evergreen Realty
Buyer's Agent
Keyvan Kiafer
Epic Investment & Management
List Price
$1,988,888
Sold Price
$1,880,000
Premium/Discount to List
-$108,888
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$880,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2018
Closed on
Jul 17, 2018
Sold by
Adams Alan W and Adams Anne Rea
Bought by
Kiafer Keyvan
Seller's Agent
Chaz Johnston
HomeSmart, Evergreen Realty
Buyer's Agent
Keyvan Kiafer
Epic Investment & Management
List Price
$1,988,888
Sold Price
$1,880,000
Premium/Discount to List
-$108,888
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2009
Sold by
Vo Thuan
Bought by
Adams Alan W and Adams Anne Rea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1999
Sold by
Dunk Chris
Bought by
Vo Thuan

Purchase Details

Closed on
Dec 23, 1998
Sold by
Dunk Maria S
Bought by
Dunk Chris

Purchase Details

Closed on
Aug 12, 1998
Sold by
Brookfield Newport Coast Inc
Bought by
Dunk Chris

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
Kiafer Keyvan -- Accommodation
Keyvan Kiafer Trust -- Accommodation/Courtesy Recordi
Kiafer Keyvan -- Ticor Ttl Orange Cnty Branch
Kiafer Keyvan -- Ticor Title Company Of Ca
Kiafer Keyvan -- Ticor Title Company Of Ca
Kiafer Keyvan -- Ticor Title Company Of Ca
Kiafer Keyvan -- Accommodation
Kiafer Keyvan -- Ticor Ttl Orange Cnty Branch
Kiafer Keyvan -- Chicago Title Company
Kiafer Keyvan -- None Available
Kiafer Keyvan -- Fidelity National Title
Kiafer Keyvan $1,880,000 Fidelity National Ttle
Adams Alan W $1,200,000 Fidelity National Title Co
Vo Thuan $655,000 First American Title Ins Co
Dunk Chris -- --
Dunk Chris $501,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiafer Keyvan $1,499,900
Previous Owner Kiafer Keyvan $1,218,000
Previous Owner Kiafer Keyvan $1,022,000
Previous Owner Kiafer Keyvan $930,000
Previous Owner Kiafer Keyvan $880,000
Previous Owner Adams Alan W $75,000
Previous Owner Adams Alan W $690,000
Previous Owner Adams Alan W $700,000
Previous Owner Adams Alan W $700,000
Previous Owner Vo Thuan $500,000
Previous Owner Vo Thuan $192,500
Previous Owner Vo Thuan $574,000
Previous Owner Vo Thuan $574,000
Previous Owner Vo Thuan $574,000
Previous Owner Vo Thuan $574,000
Previous Owner Vo Thuan $574,500
Previous Owner Vo Thuan $100,000
Previous Owner Vo Thuan $60,000
Previous Owner Vo Thuan $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $1,880,000 -5.5% $734 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,988,888 -- $777 / 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
2024 $22,015 $2,073,158 $1,674,014 $399,144
2023 $21,573 $2,032,508 $1,641,190 $391,318
2022 $21,162 $1,992,655 $1,609,009 $383,646
2021 $20,344 $1,953,584 $1,577,460 $376,124
2020 $20,680 $1,933,553 $1,561,285 $372,268
2019 $20,358 $1,895,641 $1,530,672 $364,969
2018 $14,740 $1,361,351 $997,846 $363,505
2017 $15,181 $1,334,658 $978,280 $356,378
2016 $16,479 $1,308,489 $959,098 $349,391
2015 $16,398 $1,288,835 $944,692 $344,143
2014 $16,042 $1,263,589 $926,187 $337,402
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18139340

California Regional Multiple Listing Service (CRMLS)

APN: 478-101-04