Current Value Assessment
PREPARED EXCLUSIVELY FOR:
The following is a Current Value Assessment of your property based on current market conditions, comparable homes in the complex, and what I believe your home could sell for with the implementation of a high-end marketing strategy.
The next page is your Tax Record followed by the comparables I used in this analysis to come up with my assessment, what the Internet believes your home to be worth, and finally what I believe your home could possibly sell for. I’ve also included some info about me and my team if you’d like to know more about us.
949-294-2506
Mona --
TAX RECORD
Owner
MLS Listing Date
MLS Listing Price
MLS Orig Listing Price
MLS Close Date
MLS Listing Close Price
MLS Listing Cancellation Date
MLS Source
LAST MARKET SALE & SALES HISTORY
Recording Date Sale Type
Sale Date Deed Type
Sale Price Owner Name Jmoza LLC
Price Per Square Feet Owner Name 2
Multi/Split Sale Seller
Document Number
Recording Date 08/10/2021
Sale Date 07/30/2021
Sale Price
Nominal Y
Buyer Name Jmoza LLC
Seller Name Moza Joseph & Mona
Document Number 502316
Document Type Grant Deed
MORTGAGE HISTORY
Mortgage Date
Mortgage Amount
Mortgage Lender
Mortgage Code
FORECLOSURE HISTORY
Document Type
Default Date
Foreclosure Filing Date
Recording Date
Document Number
Book Number
Page Number
Default Amount
Final Judgment Amount
Original Doc Date
Original Document Number
Original Book Page
Lien Type
THE COMPARATIVE MARKET ANALYSIS
No two homes are identical, which is why choosing a sales price or offer price for a home can be challenging. That's where the Comparative Market Analysis, or CMA, is most useful.
What is a CMA?
The CMA is a side-by-side comparison of homes for sale and homes that have recently sold in the same neighborhood and price range. This information is further sorted by data such as type of home, number of bedrooms, number of baths, lot size, neighborhood, property condition and features, and many other factors. The purpose is to show estimated market value, based on what other buyers and sellers have determined through past sales, pending sales and homes recently put on the market.
How is the CMA created?
CMAs are generated by using property information from your real estate agent's Multiple Listing Service (MLS). The MLS is available to licensed members only, including brokers, salespeople, and appraisers, who pay dues to gain access to the service's public and proprietary data, including tax roll information, sold transactions, and listings input by all cooperating MLS members. Listing agents generate CMAs for their sellers, and buyer's agents create them for their buyers so both sides know what current market conditions are for the homes they're interested in comparing.
How accurate are CMAs?
The CMA is a here-and-now snapshot of the market, based on the most recent data available, but it can instantly be rendered obsolete by a new listing, or a change of status in a home with the same criteria. Why? The market is constantly changing — new listings, pending sales, closed sales, price reductions, and expired listings. CMAs can vary widely, depending on the knowledge and skill of the person creating the CMA as well as the number and type of data fields that are chosen.
How can CMAs vary?
CMAs can vary widely, depending on the knowledge and expertise of the person inputting the search parameters. They also may vary between identical homes in that one property may simply offer better “curb appeal” or is in better condition that the other. Lastly, buyer and seller motivation can’t be quantified. It is typically impossible to say why a seller agreed to take less for their home or why a buyer paid more for another home. Family problems, corporate relocations and other reasons all play a role. What you can learn from the CMA is how long a home took to sell. If it was quick, the seller was highly motivated. If it didn’t, it was probably overpriced.
THE COMPARATIVE MARKET ANALYSIS
Is a CMA the same as an Appraisal?
No. Although the CMA is used to help determine current market value, it does not establish the seller's home value. A bank appraisal, on the other hand, is a professional determination of a home's value. The appraisal is completed by a licensed Appraiser, using guidelines established by the Federal Housing Finance Agency, which regulates federal housing loan guarantors such as FHA, VA and housing loan purchasers Fannie Mae and Freddie Mac. An appraisal is a comprehensive look at a home's location, condition, and eligibility for federal guarantees. For example, a home that doesn't meet safety requirements such as handrails on steps will not be eligible for FHA or VA loans until the handrail is installed or repaired. Appraisers use the same data in their market research to find comparable homes as real estate agents. While they are also members of the MLS, they also have additional guidelines from the bank to follow that minimize risk to the bank. They will take into consideration — and can adjust values to reflect — the speed of the market and whether prices are rising or falling. When the appraisal is finished, the bank makes the decision to fund the loan, or it may require the seller to fix certain items and show proof that the repairs have been made before letting the loan proceed. If the loan doesn't meet lending guidelines, the bank will decline the loan.
And is my home worth what the Internet says?
In short — maybe? Many homeowners like to visit sites like Zillow, REDFIN, etc., to see what their home is worth. What they fail to understand is that most of those sites have an 8% - 12% margin of error which means a home worth $400,000 could be worth anywhere between $360,000 and $440,000 and that’s if we only use a 10% margin of error. That is quite the large window!
Estimating a home’s market value is far from an exact science. These sites contract with major title companies to obtain county tax roll data which they combine with data obtained from the MLS, push it through their algorithm and bingo! You have your “Zestimate”!!
On February 29, 2016, then Zillow CEO Spencer Rascoff sold a Seattle home for $1.05 million, 40 percent less than the Zestimate of $1.75 million shown on its property page a day later.
YOUR COMPARATIVE MARKET ANALYSIS
Summary of Comparable Properties
Analysis
Chris Taylor
Keller Williams Luxury International
Comparable homes sold for an average of $862 / sq. ft. Many factors such as location, use of space, condition, quality, and amenities determine the market value per square foot, so reviewing each comp carefully is important.
Listings
Chris Taylor
Keller Williams Luxury International
16 Ebb Tide Circle
Newport Beach, CA 92663
$1,670,000
CLOSED 12/8/23
Details
Prop Type: Single Family Residence
County: Orange
Area: N6 - Newport Heights
Subdivision: Newport Heights (NEWH)
Style: Contemporary
Features
Association Name: Ebb Tide
Newport Beach
Homeowners Association
Association Y N: Yes
Attached Garage Y/N: Y
Community Features: Sidewalks
Construction Materials: Drywall Walls, Stone, Stucco
Contract Status Change
Date: 2023-12-08T00:00:00
Cooling: Central Air
Chris Taylor
Full baths: 3.0
Half baths: 1.0
Acres: 0.023
Lot Size (sqft): 1,000
Garages: 2
List date: 9/28/23
Elevation Units: Feet
Exterior Features: Barbecue Private
Heating: Central
Interior Features: Built-in Features
Land Fee/Land Lease: Fee
Levels: Three Or More
Listing Terms: Cash, Conventional
Lot Features: Landscaped
Main Level Bedrooms: 1
Parking Total: 2
Patio And Porch Features: Deck, Patio, Roof Top
Pool Features: Association
Pool Private Y N: No
Property Attached Yes/No: No
Property Condition: Turnkey Road Surface Type: Paved
Bathroom Features: Shower, Double Sinks in Primary Bath, Exhaust fan(s), Walk-in shower
Room Type: Entry, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association
Special Listing Conditions:
Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected
View: City Lights, Coastline, Neighborhood
Water Source: Public
Year Built Source: Seller
Remarks
Immerse yourself in a world of luxury and comfort in this stunning 4 bedroom, 3.5 bathroom turnkey home. Completed in 2020, this detached home is nestled in the highly desired Ebb Tide community in the heart of Newport Beach. Every detail from the beautifully upgraded finishes and top tier amenities to the spacious rooftop deck has been meticulously designed with sophistication and modern elegance. The first floor offers direct access to the garage, and a bedroom serving as a versatile office with en suite bathroom and enclosed private patio. An open concept floor plan on the main level creates an inviting atmosphere for modern living and entertaining. The chef inspired kitchen is a culinary dream, with high end Bertazzoni appliances, sleek upgraded cabinetry offering plenty of storage space, upgraded lighting fixtures, and a generous island that comfortably seats 8. On the top floor there are 2 bedrooms, a full bathroom, plus the master bedroom complete with walk-in closet and en suite dual vanity bathroom. The higher ceilings and tall windows create a bright and airy feel throughout. This pristine home boasts an expansive rooftop deck where you can take in breathtaking 360 degree views of sunsets, city lights, mountains, and ocean. Indulge in dinner under the stars next to the cozy firepit, or grill up a feast in the custom designed outdoor kitchen equipped with a farmhouse sink, and top of the line Luxor barbecue, cooktop, and fridge. Additional highlights include a whole home water filtration system, dual paned windows, and tankless water heater. Resort like community amenities include a pool, jacuzzi and BBQ area with an incredibly low HOA of $155 per month. Within minutes of Balboa Island, shopping at Fashion Island and South Coast Plaza, world famous beaches and the vibrant coastal lifestyle that Newport Beach is renowned for
Courtesy of Keller Williams South Bay Information is deemed reliable but not guaranteed.
Chris Taylor
$1,730,000 4 Beds 4.00 Baths 1,864.0 Sq. Ft. ($928 / sqft)
CLOSED 3/22/24
Details
Prop Type: Single Family Residence
County: Orange
Area: N6 - Newport Heights
Subdivision: Newport Heights (NEWH)
Features
Association Name: Ebb Tide Owners
Association Y N: Yes
Attached Garage Y/N: Y
Community Features: Biking, Curbs, Dog Park
Contract Status Change
Date: 2024-03-22T00:00:00
Cooling: Central Air
Elevation Units: Feet
Flooring: Carpet, Wood
Heating: Forced Air
Full baths: 3.0
Half baths: 1.0
Acres: 0.023
Lot Size (sqft): 1,000
Garages: 2
Interior Features: High
Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting
Land Fee/Land Lease: Fee
Levels: Three Or More
Listing Terms: Cash, Cash To New Loan
Lot Features: Back Yard
Main Level Bedrooms: 3
Number Of Units In Community: 28
Parking Total: 3
Chris Taylor
Year Built 2018 Days on market: 20
List date: 1/27/24
Sold date: 3/22/24
Off-market date: 3/22/24
Updated: Mar 22, 2024 5:45 AM
List Price: $1,715,000
Orig list price: $1,715,000
Assoc Fee: $160
School District: Newport Mesa Unified
Patio And Porch Features: Patio, Patio Open, Roof Top
Pool Features: Association, Community
Pool Private Y N: No
Possession: Close Of Escrow
Property Attached Yes/No: No
Bathroom Features: Shower, Shower in Tub, Double Sinks in Primary Bath
Kitchen Features: Built-in Trash/Recycling, Kitchen Island, Stone Counters
Room Type: Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association, Community
Special Listing Conditions:
Standard
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
View: Mountain(s), Neighborhood, Ocean, Panoramic
Walk Score: 80
Water Source: Public
Window Features: Blinds, Double Pane Windows, Shutters
Year Built Source: Builder
Remarks
Discover the epitome of a contemporary coastal lifestyle at Newport Beach's Ebb Tide Circle. This stunning 1,864 sq.ft. 4 bedroom, 3.5 bathroom turnkey home was built in 2018 and offers 360-degree rooftop views that span all the way from the Saddleback mountains to the California coastline. Every detail of this home has been meticulously designed with sophistication and modern elegance. The first floor offers direct access to the garage, and a bedroom serving as a versatile office with en suite bathroom and enclosed private patio. An open concept floor plan on the main level creates an inviting atmosphere for modern living and entertaining. The chef inspired kitchen is a culinary dream, with high end Bertazzoni appliances, sleek upgraded cabinetry offering plenty of storage space, upgraded lighting fixtures, and a generous island that comfortably seats 8. On the top floor there are 2 bedrooms, a full bathroom, plus the master bedroom complete with walk-in closet and en suite dual vanity bathroom. The high ceilings and tall windows create a bright and airy feel throughout. This pristine home boasts an expansive rooftop deck where you can watch the Huntington Airshow, incredible skylines light up on 4th of July and breathtaking sunset, city lights, mountains, and ocean views. Indulge in dinner under the stars next to the cozy firepit, or grill up a feast in the custom designed outdoor kitchen equipped with a farmhouse sink, and top of the line Luxor barbecue, cooktop, and fridge. Additional highlights include a whole home water filtration system, dual paned windows, tankless water heater. and wine cooler. The Ebb Tide development is less than a mile from world-famous beaches, close to renowned restaurants and shopping at Fashion Island, South Coast Plaza, Pacific City and 17th Street nightlife. The community offers resort-like amenities including pool & spa, BBQ area with outdoor dining space plus lounge chairs to relax and enjoy the ultimate Newport Beach lifestyle.
Courtesy of BAC Real Estate Group, Inc. Information is deemed reliable but not guaranteed.
Chris Taylor
12 Ebb Tide Circle
$1,780,000 3 Beds 4.00 Baths 2,229.0 Sq. Ft. ($799 / sqft)
Year Built 2019 Days on market: 21
Details
Prop Type: Single Family Residence
County: Orange
Area: N6 - Newport Heights
Subdivision: Other (OTHR)
Full baths: 3.0
Features
Association Name: Ebb Tide NB HOA
Association Y N: Yes
Attached Garage Y/N: Y
Community Features: Sidewalks
Contract Status Change
Date: 2024-02-13T00:00:00
Cooling: Central Air
Elevation Units: Feet
Interior Features: Wired for Sound
Half baths: 1.0
Acres: 0.023
Lot Size (sqft): 1,000
Garages: 2
List date: 12/22/23
Sold date: 2/13/24
Off-market date: 1/12/24
Updated: Feb 13, 2024 10:48 AM
List Price: $1,850,000
Orig list price: $1,850,000
Assoc Fee: $160
School District: Newport Mesa Unified
Land Fee/Land Lease: Fee
Levels: Three Or More
Listing Terms: Cash, Conventional
Number Of Units In Community: 81
Parking Total: 2
Patio And Porch Features: Roof Top
Pool Features: Association, Community
Pool Private Y N: No
Property Attached Yes/No: No
Property Condition: Turnkey
Kitchen Features: Kitchen Island, Quartz Counters
Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association, Community
Special Listing Conditions: Standard View: Coastline, Neighborhood
Virtual Tour: View
Water Source: Public
Year Built Source: Assessor
Remarks
Nestled in the heart of Newport Beach, this exceptional 3 bedroom, 3.5 bathroom residence spans over 2,200 square feet of coastal elegance. Offering an unparalleled blend of luxury and convenience, this meticulously crafted home presents an exquisite fusion of modernity and comfort, including resort-like community amenities including pool, spa and community bbq area. Step into a world of sophistication, where every detail exudes quality and style. The kitchen stands as a masterpiece, featuring a breathtaking waterfall Calacatta quartz countertop paired with a full wall backsplash, complemented by high-end Bertazzoni appliances and a striking cast iron apron sink, creating an enviable culinary space. Enhancing the ambiance is a Broan canopy range hood, providing both functionality and aesthetic appeal. Enjoy the convenience of purified drinking water thanks to the installed reverse osmosis system, while the electric vehicle 220v/40amp outlet in the garage caters to modern lifestyle needs. Security is paramount with the pre-installed 8-zone security system and the added comfort of a water softener and conditioner. Entertain effortlessly on the rooftop deck, boasting a suite of amenities including a Coyote barbecue, refrigerator, and granite countertops, all while savoring panoramic views of the surrounding beauty. This smart home seamlessly integrates technology with comfort, featuring Google Nest keyless entry, a Nest thermostat, and an Eero Wifi system ensuring connectivity throughout. Enjoy the perfect blend of entertainment and relaxation with Origin Acoustic in-ceiling speakers, Klipsch subwoofer, and Denon Amplifier creating a rich, immersive sound experience. Indulge in luxury with heavy plate frameless shower doors in the master suite and experience ultimate convenience with LG front-load washer and dryer and Elfa closets providing ample storage space. Discover a lifestyle of unparalleled sophistication and modern comfort in this Newport Beach haven, offering the perfect balance of luxury and functionality all within minutes of Balboa Island, Fashion Island, South Coast Plaza, and world famous beaches!
Courtesy of Coldwell Banker Realty Information is deemed reliable but not guaranteed.
Chris Taylor
$1,825,000 4 Beds 4.00 Baths 2,207.0 Sq. Ft. ($827 / sqft)
CLOSED 5/1/24
Year Built 2018 Days on market: 17
Details
Prop Type: Single Family Residence
County: Orange
Area: N6 - Newport Heights
Subdivision: Newport Heights (NEWH)
Style: Contemporary
Features
Association Name: Ebb Tide NB Homeowners Assoc
Association Y N: Yes
Attached Garage Y/N: Y
Community Features: Biking, Curbs, Gutters, Suburban
Contract Status Change
Date: 2024-05-01T00:00:00
Cooling: Central Air
Elevation Units: Feet
Heating: Central
Full baths: 3.0
Half baths: 1.0
Acres: 0.023
Lot Size (sqft): 1,000
Garages: 2
List date: 3/14/24
Sold date: 5/1/24
Off-market date: 4/1/24
Updated: May 1, 2024 9:29 AM
List Price: $1,880,000
Orig list price: $1,880,000
Assoc Fee: $160
School District: Newport Mesa Unified
Land Fee/Land Lease: Fee
Levels: Three Or More
Listing Terms: Submit
Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Level with Street
Main Level Bedrooms: 1
Parking Total: 2
Patio And Porch Features: Roof Top
Pool Features: Association, Community
Pool Private Y N: No
Property Attached Yes/No: No
Room Type: Galley Kitchen, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Two Primaries, Walk-In Closet
Senior Community Yes/No: No
Sewer: Public Sewer
Spa Features: Association, Community
Special Listing Conditions: Standard
Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
View: Neighborhood, Peek-ABoo, Water
Water Source: Public Year Built Source: Assessor
Remarks
Welcome Home to this exquisite modern coastal residence in the sought after Ebb Tide community of Newport Beach. This newer "model like" home is 2207 SF with 4 Bedrooms (one en-suite at ground level) Master and two secondary bedrooms on 3rd level along with an amazing rooftop offering a 360 panoramic view of of the mountains and the California coastlines. The first floor offers direct access to garage (w 8" ft garage door) in addition to a full en-suite bedroom/bath with its own private patio. Open floorplan on second floor offers an abundance of natural lighting thru-out entire home. A chefs dream kitchen with an abundance of upgraded cabinetry and oversize waterfall quartz countertop allowing plenty of additional seating. Living room with gorgeous built ins and upgraded lighting fixtures along with dining area large enough for your family gatherings and coffee bar. Third floor will have you resting in your spacious master suite with walk in closet, tile shower and plenty of natural lighting. Secondary bedrooms along with full bath. Enjoy your morning coffee/tea and evening BBQs or just relax from this amazing rooftop with outdoor dining space and built-in BBQ and marvel in the sunrises and sunsets that Southern California has to offer. This community offers resortlike amenities including pool and spa, BBQ area and best of all located to beaches, parks, dining and World famous shopping. https://my.matterport.com/show/?m=GS5RM72kAZ8&mls=1
Courtesy of MGR Real Estate, Inc Information is deemed reliable but not guaranteed.
Chris Taylor
SO WHAT DOES THE INTERNET SAY ABOUT YOUR HOME? $1,796,000 $1,808,302 No Estimate Available $1,897,000
WHAT DO I THINK?
Based on current market conditions, comparable homes in Pier Pointe, and what I believe your home could sell for with the implementation of a high-end marketing strategy, my Current Value Assessment for your home would be:
$1.815M - $1.845M
To get a more accurate assessment of property value, a physical inspection would be required.
National Association of REALTORS (NAR)
California Association of REALTORS (CAR)
Orange County Association of REALTORS (OCAR)
Luxury Home Sales Designated
Contingency Sale Specialist
Certified New Home Co-Broker
Certified Divorce Real Estate Expert
Top 1.5% of Individual REALTORS in the nation
Team Lead for Taylor Realty Group with offices in Corona, Huntington Beach, and Palm Springs
Meet Chris…
A true Californian through and through, realtor Chris Taylor was born and raised in South Orange County and has spent his life in Southern California from Huntington Beach to Palm Springs and just about everywhere in between. His lifelong experience in the region has given him unparalleled knowledge about its cities, communities, and neighborhoods from the coast to the desert, providing an invaluable advantage for his clientele.
Over his career, which began in 2003, Chris has enjoyed time as a realtor, new home sales agent, and mortgage consultant, providing him with a thorough understanding of every facet of the real estate business. As a result, he can personally guide his clients through each stage of the buying or selling process. Chris knows that communication and integrity are key to a successful transaction, and he is dedicated to always being available to his clients while offering professionalism, commitment and attentiveness that never fail to exceed expectations.
Chris is a fourth-generation Southern Californian with a love for surfing, screenwriting, and the movies. Prior to real estate, he worked in front of and behind the camera in the entertainment industry, concluding as a talent agent with the prestigious William Morris Agency. Chris lives with his wife, Terry, their disabled grandson, David, for whom he is the primary caregiver and a menagerie of two dogs and three cats. He is also a Real Estate commentator with frequent appearances on Fox 11 News, Good Day L.A., and Inside Edition.
Meet the Team
Tracie Albert
Operations Director
DRE# 01432850
With a high regard for the overall client experience, Tracie oversees the Operations for Taylor Residential Real Estate. A licensed Real Estate Agent herself since 2004 with experience in Residential, Investment and Luxury Sales as well as Short Sales, REOs and House Flipping, Tracie possesses a comprehensive level of Real Estate-related expertise that is largely unsurpassed. As a key component to Taylor Residential Real Estate’s success, Tracie has access to a variety of tools and resources designed to foster the most rewarding experiences for clients with even the most complex goals at hand in addition to cutting edge marketing techniques and strategies and innovative resources.
Brenda Listana Administration
With over 5 years of experience and having worked for some of the biggest e-commerce companies in the world, Brenda has established herself as a strong Customer Support Representative. She takes great pride in her exceptional computer skills, organization, planning, and administrative abilities and her experience has taught her the importance of attention to detail, resilience, and flexibility. Brenda commits herself fully to any task and embraces the responsibility.
Anthony Zervas Lead Agent
DRE# 02047324
Valerie Alicajic
Marketing Director
Anthony Zervas views architecture with a genuine passion that he is eager to share with buyers who are seeking a home that ideally suits and even exceeds their personal and financial goals. With a broad spectrum of experience, know-how, determination, and dedication, Anthony has rapidly built a following of clients who appreciate his down-toearth approach and unyielding commitment to unparalleled service. An avid traveler and snowboarder, Anthony is a genuine family man and spends much of his free time with his wife, Mel, and their daughter, Avie. He is also an award-winning chef with experience with high-end restaurants, five-diamond hotels, and as a personal with celebrity clienteles.
Valerie’s passion for design began at an early age, culminating in earning her Bachelor of Arts degree with an emphasis in graphic design at California State University Long Beach, and most recently, a Multi-Media Certificate in Web Design from Golden West College. Today, Val spearheads our design strategies and executes creative concepts that ensure maximum exposure. By conceptualizing and designing projects from start to finish, she creates a cohesive message portrayed through color, art and photography, all while meeting intense deadlines.
Brooke Fetzer
Property Designer
DRE# 01432850
Brooke Fetzer, "The Property Stylist", is a Certified Feng Shui Practitioner with YEARS of experience in the art of Home Staging. With over 1500 homes to her credit, Brooke is detail-oriented and works seamlessly with Sellers to prepare their homes for sale with careful attention paid to the individual marketing needs of each home so they can stand out from the rest online.
