NOT LISTED FOR SALE

1053 Flamingo Rd Laguna Beach, CA 92651

Estimated Value: $4,801,000 - $5,144,000

0.17 Acre
$28,529,581 Price per Acre
7,488 Sq Ft Lot

Last Sold December 27, 2012

Last sale price $575,000

Est. 753% increase in value since last sale

Current estimated payment $28,579/month

90 Days on Market

About This Lot

As of December 2012

Stunning ocean views from this 7,488 square foot custom home site in Blue Bird Canyon. Lot price includes an approved set of architectural plans for a two story 3,500square foot soft contemporary residence with pool and two car garage. Lot dimensions: 79' X 102' X 76' X 90'. The street frontage is 79'.

Last Agent to Sell the Property

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 09/28/2012

Coldwell Banker Realty

Last Buyer's Agent

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 09/28/2012

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,588

Lot Details

  • 7,488 Sq Ft Lot

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2218
  • Assessor Parcel Number 64416250

Property Details

Property Type

Land

Est. Annual Taxes

$24,588

Lot Details

0

Listing Details

  • Assessments: Yes
  • Subdivision Name Other: Lower Bluebird
  • Survey: Buyer Pays
  • View: Yes
  • Property Type: Land
  • Parcel Number: 64416250
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 76.79

Exterior Features

  • View: City Lights, Ocean, Panoramic, Water, White Water

Utilities

  • Utilities: Electricity Available
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Geological: Yes
  • Lot Size Sq Ft: 7488.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lot Size Area: 7488.0000 Square Feet

Tax Info

  • Tax Area: 05003
  • Tax Lot: 33
  • Tax Tract Number: 2218
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Dec 19, 2012
Sold by
Thuresson Llc
Bought by
Johnson Stephen Roy and Johnson Cecilia Marie
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
Kathryn White
Coldwell Banker Realty
List Price
$620,000
Sold Price
$575,000
Premium/Discount to List
-$45,000
-7.26%
Current Estimated Value
$4,907,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,332,088
Avg. Annual Appreciation
18.14%

Purchase Details

Closed on
Nov 14, 2008
Sold by
Mckeon James M
Bought by
Thuresson Llc

Purchase Details

Closed on
Sep 17, 2003
Sold by
Mollarabi Morris and Mollarabi Suzette
Bought by
Mckeon James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2002
Sold by
Prodis Pierre A and Prodis Carol S
Bought by
Mollarabi Morris and Mollarabi Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Johnson Stephen Roy $575,000 First American Title Company
Thuresson Llc $620,000 California Title Company
Mckeon James M $356,500 Lawyers Title Company
Mollarabi Morris $317,500 Financial Title Company
Prodis Pierre A -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Stephen Roy $1,592,500
Previous Owner Mckeon James M $150,000
Previous Owner Mckeon James M $150,000
Previous Owner Mckeon James M $150,000
Previous Owner Mckeon James M $217,500
Previous Owner Mollarabi Morris $217,500
Closed Mckeon James M $183,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $575,000 -7.3% --
11/27/2012 11/27/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $620,000 -- --
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 $24,588 $2,377,072 $708,070 $1,669,002
2024 $24,588 $2,330,463 $694,186 $1,636,277
2023 $24,321 $2,284,768 $680,574 $1,604,194
2022 $23,802 $2,239,969 $667,229 $1,572,740
2021 $23,286 $2,196,049 $654,147 $1,541,902
2020 $22,980 $2,173,532 $647,440 $1,526,092
2019 $22,559 $2,130,914 $634,745 $1,496,169
2018 $22,105 $2,089,132 $622,299 $1,466,833
2017 $21,651 $2,048,169 $610,097 $1,438,072
2016 $21,296 $2,008,009 $598,134 $1,409,875
2015 $10,294 $929,619 $589,150 $340,469
2014 $6,315 $577,610 $577,610 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: U12003785

California Regional Multiple Listing Service (CRMLS)

APN: 644-162-50