NOT LISTED FOR SALE

Estimated Value: $7,310,000 - $13,191,189

4 Beds
6 Baths
2,052 Sq Ft
$4,995/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $11,000,000 $5,361 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $67,569/month

183 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Wine Cellar
  • El Morro Elementary School Rated A+
  • Koi Pond
  • Newly Remodeled

About This Home

As of March 2013

This stylish residence atop an oceanfront bluff has private steps to Shaw's Cove below and features some of the best coastline views in Laguna. Built in 2007, the home has just undergone an extensive interior refurbishment that has opened and lightened the interiors, while maximizing the ocean views. Imported limestone floors and terraces, a newly refitted kitchen, walls of windows and tasteful appointments have been incorporated into the design. The casual plan is perfect for seaside entertaining and the spacious interiors will comfortably serve most living requirements. A generous master suite opens to an oceanfront terrace with mesmerizing views. A separable guest suite is reached through a private courtyard entrance. Large oceanfront terraces on two levels add to experience and a new pool and spa are under construction overlooking the coastline. This distinguished offering is a unique combination of location, design, amenities and space not often seen on the water in Laguna Beach.

Last Agent to Sell the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 09/12/2012

Last Buyer's Agent

Sherrie Larsen

Compass License #01897939

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $141,883

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 7,249 Sq Ft Lot
  • Lot Dimensions are 50 x 135 x 54 x 157
  • Beach Front

Parking

  • 3 Car Attached Garage
  • Three Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Copper Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • Wood Burning Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Sliding Doors
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Koi Pond

Utilities

  • Central Air
  • Radiant Heating System
  • Sewer Paid

Community Details

  • Custom

Listing and Financial Details

  • Legal Lot and Block 3 / Y
  • Tax Tract Number 481
  • Assessor Parcel Number 05316118

Home Details

Home Type

Single Family

Est. Annual Taxes

$141,883

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-554-1214
  • Property Attached: No
  • Security: Fire and Smoke Detection System, Closed Circuit Camera(s), Security System
  • Subdivision Name Other: Coves, The
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05316118
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Granite Counters, Intercom, Storage
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, In Family Room
  • Fireplace Features: Electric, Gas, Gas Starter, Wood Burning
  • Levels: Two
  • Room Type: Living Room, Main Floor Bedroom, Master Suite, Wine Cellar
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Exterior Features: Koi Pond
  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: No
  • Patio And Porch Features: Covered, Deck
  • Pool Private: No
  • Roof: Copper
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: No
  • Parking Features: Garage - Three Door
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Radiant
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 50 x 135 x 54 x 157
  • Lot Size Sq Ft: 7249.00
  • Lot Size Acres: 0.1660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7249.0000 Square Feet
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Ocean Side of Freeway

Tax Info

  • Tax Block: Y
  • Tax Lot: 3
  • Tax Tract Number: 481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Shelly Damon J and The Damon Shelly Family Trust
Bought by
Shelly Karyn and The Karyn Shelly Separate Prop
Current Estimated Value
$10,250,595

Purchase Details

Closed on
Oct 14, 2021
Sold by
Shelly Karyn
Bought by
Shelly Damon and Damon Shelly Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,955,000
Outstanding Balance
$2,672,943
Interest Rate
1.95%
Mortgage Type
New Conventional
Estimated Equity
$7,000,312

Purchase Details

Listed on
Sep 12, 2012
Closed on
Feb 15, 2013
Sold by
Boyd Patrick R
Bought by
Shelly Damon and Damon Shelly Family Trust
Seller's Agent
Robert Giem
Plus Real Estate
Buyer's Agent
Sherrie Larsen
Compass
List Price
$11,700,000
Sold Price
$11,000,000
Premium/Discount to List
-$700,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.03%
Original Mortgage
$7,000,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Hayden Michael and Wilson Michele
Bought by
Boyd Patrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,599,282
Interest Rate
4.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 17, 2005
Sold by
First American Trust Fsb
Bought by
Hayden Michael and Wilson Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,487,250
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1999
Sold by
Bateman Maria Agnes
Bought by
First American Trust Company and U Sidney & Marie Agnes Bateman Declarati
Source: Public Records

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
Shelly Karyn -- None Available
Shelly Damon -- Wfg National Title Co Of Ca
Shelly Damon $11,000,000 California Title Company
Boyd Patrick R $3,101,000 Chicago Title Company
Hayden Michael -- First American Title Co
First American Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelly Damon $2,955,000
Open Shelly Damon $7,360,000
Closed Shelly Damon $7,585,000
Closed Shelly Damon $7,000,000
Previous Owner Boyd Patrick R $5,599,282
Previous Owner Hayden Michael $1,000,000
Previous Owner Hayden Michael $4,600,000
Previous Owner Hayden Michael $3,487,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $11,000,000 -6.0% $5,361 / Sq Ft
10/11/2012 10/11/12 For Sale $11,700,000 +6.4% $5,702 / Sq Ft
10/11/2012 10/11/12 Off Market $11,000,000 -- --
10/09/2012 10/09/12 Price Changed $11,700,000 -14.6% $5,702 / Sq Ft
09/12/2012 09/12/12 For Sale $13,700,000 -- $6,676 / 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 $141,883 $14,148,365 $11,808,912 $2,339,453
2024 $141,883 $13,870,947 $11,577,365 $2,293,582
2023 $138,928 $13,598,968 $11,350,358 $2,248,610
2022 $136,262 $13,332,322 $11,127,802 $2,204,520
2021 $133,593 $13,070,904 $10,909,609 $2,161,295
2020 $132,150 $12,936,878 $10,797,744 $2,139,134
2019 $129,859 $12,683,214 $10,586,023 $2,097,191
2018 $127,322 $12,434,524 $10,378,454 $2,056,070
2017 $124,808 $12,190,710 $10,174,955 $2,015,755
2016 $122,444 $11,951,677 $9,975,446 $1,976,231
2015 $120,612 $11,772,152 $9,825,605 $1,946,547
2014 $104,758 $10,220,704 $9,633,135 $587,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12003595

California Regional Multiple Listing Service (CRMLS)

APN: 053-161-18