Seller's Agent in 2021
Westley Williams
Harcourts Prime Properties
(949) 290-7995
1 in this area
191 Total Sales
1028 Marine Dr Laguna Beach, CA 92651
North Laguna NeighborhoodEstimated Value: $8,663,000 - $11,192,482
3
Beds
3.5
Baths
4,040
Sq Ft
$2,404/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Home Theater
- Ocean Side of Highway 1
- El Morro Elementary School Rated A+
- Primary Bedroom Suite
- Custom Home
About This Home
As of September 2021Luxury Live Auction! Bidding to start from $6,000,000! Architectural masterpiece with commanding ocean views across from the ocean on coveted Marine Drive in Laguna Beach. The crashing tide resounds clearly throughout this organic, elegant environment. Energy flows from the rolling Korean grass through the Fijian mahogany gate, into this 4,040 square-foot open atrium design with rustic 23-foot beamed ceilings. Designed by acclaimed architect Ron Yao, 1028 Marine was meticulously redesigned and rebuilt with Paul Davis N. Y. , completed in 2018.Wide planks of Siberian oak gracefully integrate this cohesive space; bold windows frame lush foliage and sweeping ocean views. The kitchen is a minimalist dream, featuring a Bertazzoni range, waterfall island of Brazilian quartzite, custom maple-finished cabinetry, and Gaggenau refrigerator. A microcosm of the home, the ocean-view master suite is voluminous yet intimate. The naturally illuminated master bathroom is punctuated by a freestanding tub and copiously spacious Bardolino marble shower. Two additional bedrooms open through French doors onto their own garden decks. All three bedrooms are accompanied by corresponding baths, each with heated bathroom floors and wall-mounted heated washlet toilets. Enjoy a comfortable media room with black cerused oak wet bar, and a generous three-car garage with modern workspace and copious storage. Steps from Shaws Cove, the outdoor shower is perfect for rinsing off after the beach. Perfect as a primary residence or second home. Ideally located in North Laguna.
Last Agent to Sell the Property
Harcourts Prime Properties License #01974291 Listed on: 07/06/2021
Last Buyer's Agent
Harcourts Prime Properties License #01974291 Listed on: 07/06/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $80,247
Year Built
- Built in 1978 | Remodeled
Lot Details
- 6,500 Sq Ft Lot
- Property fronts a private road
- Wood Fence
- Fence is in excellent condition
- Landscaped
- Front Yard
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Parking Available
- Front Facing Garage
- Two Garage Doors
- Driveway
- Parking Lot
Property Views
- White Water Ocean
- Coastline
- Bay
- City Lights
- Hills
- Neighborhood
- Courtyard
Home Design
- Custom Home
- Turnkey
- Composition Roof
Interior Spaces
- 4,040 Sq Ft Home
- Open Floorplan
- Wet Bar
- Furnished
- Built-In Features
- Bar
- Beamed Ceilings
- High Ceiling
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Double Door Entry
- Sliding Doors
- Family Room with Fireplace
- Great Room
- Family Room Off Kitchen
- Combination Dining and Living Room
- Home Theater
- Den with Fireplace
- Recreation Room
- Bonus Room
- Utility Room
- Finished Basement
Kitchen
- Updated Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Convection Oven
- Gas Oven
- Six Burner Stove
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Stone Countertops
- Pots and Pans Drawers
- Built-In Trash or Recycling Cabinet
- Self-Closing Drawers and Cabinet Doors
- Utility Sink
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
- Remodeled Bathroom
- Heated Floor in Bathroom
- Stone Bathroom Countertops
- Makeup or Vanity Space
- Bidet
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
- Exhaust Fan In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Electric Dryer Hookup
Home Security
- Home Security System
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Ocean Side of Highway 1
- Living Room Balcony
- Deck
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Water Purifier
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 481
- Assessor Parcel Number 05316127
Community Details
Overview
- No Home Owners Association
- North Laguna Subdivision
Recreation
- Water Sports
- Hiking Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2021
Closed on
Aug 18, 2021
Sold by
Cherry Jolene S and Jolene S Cherry Trust
Bought by
Cheng Ming Hua and Cheng Karla J
Seller's Agent
Westley Williams
Harcourts Prime Properties
Buyer's Agent
Westley Williams
Harcourts Prime Properties
List Price
$6,000,000
Sold Price
$7,500,000
Premium/Discount to List
$1,500,000
25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,212,371
Avg. Annual Appreciation
4.88%
Original Mortgage
$4,500,000
Outstanding Balance
$4,053,881
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$4,996,479
Purchase Details
Listed on
Jul 14, 2014
Closed on
Apr 15, 2015
Sold by
Healy Otis M
Bought by
Cherry Jolene S and Jolene S Cherry Trust
Seller's Agent
Roderic Daley
Coldwell Banker Realty
Buyer's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
List Price
$4,700,000
Sold Price
$3,700,000
Premium/Discount to List
-$1,000,000
-21.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Purchase Details
Closed on
Feb 29, 2012
Sold by
Healy Otis M
Bought by
Healy Otis M and Healy Betty Stanley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 1993
Sold by
Healy Otis M and Healy Betty Santley
Bought by
Healy Otis M and Healy Betty Santley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.97%
Purchase Details
Closed on
Sep 21, 1993
Sold by
Healy Otis M and Healy Betty Santley
Bought by
Healy Otis M and Healy Betty Santley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.97%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cheng Ming Hua | $7,500,000 | First American Title Company | |
| Cherry Jolene S | $3,700,000 | First American Title Company | |
| Healy Otis M | -- | Accommodation | |
| Healy Otis M | -- | Equity Title Orange County-I | |
| Healy Otis M | -- | Equity Title Orange County-I | |
| Healy Otis M | -- | -- | |
| Healy Otis M | -- | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cheng Ming Hua | $4,500,000 | |
| Previous Owner | Healy Otis M | $625,000 | |
| Previous Owner | Healy Otis M | $625,000 | |
| Previous Owner | Healy Otis M | $625,000 | |
| Previous Owner | Healy Otis M | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2021 09/20/21 | Sold | $7,500,000 | +25.0% | $1,856 / Sq Ft |
| 08/17/2021 08/17/21 | Pending | -- | -- | -- |
| 07/06/2021 07/06/21 | For Sale | $6,000,000 | +62.2% | $1,485 / Sq Ft |
| 04/24/2015 04/24/15 | Sold | $3,700,000 | -2.6% | $920 / Sq Ft |
| 04/12/2015 04/12/15 | Pending | -- | -- | -- |
| 03/12/2015 03/12/15 | Price Changed | $3,800,000 | -11.6% | $945 / Sq Ft |
| 12/06/2014 12/06/14 | Price Changed | $4,300,000 | -8.5% | $1,069 / Sq Ft |
| 07/14/2014 07/14/14 | For Sale | $4,700,000 | -- | $1,169 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $80,247 | $7,959,060 | $6,490,382 | $1,468,678 |
| 2024 | $80,247 | $7,803,000 | $6,363,119 | $1,439,881 |
| 2023 | $78,705 | $7,650,000 | $6,238,351 | $1,411,649 |
| 2022 | $77,168 | $7,500,000 | $6,116,030 | $1,383,970 |
| 2021 | $47,863 | $4,613,584 | $3,370,681 | $1,242,903 |
| 2020 | $47,304 | $4,566,278 | $3,336,119 | $1,230,159 |
| 2019 | $46,468 | $4,476,744 | $3,270,705 | $1,206,039 |
| 2018 | $45,551 | $4,388,965 | $3,206,573 | $1,182,392 |
| 2017 | $42,603 | $4,114,532 | $3,143,699 | $970,833 |
| 2016 | $39,081 | $3,756,425 | $3,082,058 | $674,367 |
| 2015 | $5,840 | $498,896 | $94,079 | $404,817 |
| 2014 | -- | $489,124 | $92,236 | $396,888 |
Source: Public Records
Agents Affiliated with this Home
-
Westley Williams
-
Roderic Daley
R
Seller's Agent in 2015
Roderic Daley
Coldwell Banker Realty
(949) 395-1091
2 in this area
12 Total Sales
-
Shauna Covington
Buyer's Agent in 2015
Shauna Covington
Berkshire Hathaway HomeServices California Properties
(949) 412-8088
8 in this area
96 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21095596
APN: 053-161-27
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