NOT LISTED FOR SALE

Estimated Value: $4,504,288

3 Beds
3 Baths
1,500 Sq Ft
$3,003/Sq Ft Est. Value

Last Sold January 02, 2015

Last sale price $2,345,155 $1,563 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $28,294/month

203 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Top Of The World Elementary School Rated A
  • Ocean Side of Highway 1
  • Cathedral Ceiling

About This Home

As of January 2015

This is actually a two-for-one sale! Property includes a thoroughly modern 3 bedroom, 3 bath architectural home AND a thoroughly cute retail shop at 1143 S Coast Highway. All on one parcel of land. Great income potential and a Beach House steps from Brooks or Oak Beaches. Rent the house part-time and occupy it when you feel like it, OR live in the house full-time. There is a ground floor studio with kichen sink and fridge, making for flexible living arrangements. AND don't forget the retail shop that is currently leased for $3200 per month; tenant pays utilities.

Last Agent to Sell the Property

John Brusky

Coldwell Banker Realty License #00448474 Listed on: 05/09/2014

Coldwell Banker Realty

Last Buyer's Agent

Joe Termini

Charter Realty License #00672362

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,014

Year Built

  • Built in 2007

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 25x100
  • Property is zoned C1

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Stone Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Outdoor Features

  • Ocean Side of Highway 1
  • Stone Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / 59
  • Tax Tract Number 3
  • Assessor Parcel Number 64407303

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,014

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Zoning: C1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64407303
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters, High Ceilings, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 1563.44
  • Room Type: Walk-In Closet, Two Masters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Patio And Porch Features: Stone
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Size: 25x100
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0570

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 2500.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 59
  • Tax Lot: 5
  • Tax Tract Number: 0003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Dec 2, 2014
Sold by
Fong Arthur and Fong Sueko Araya
Bought by
Martino Joseph E and Martino Daphne J
Seller's Agent
John Brusky
Coldwell Banker Realty
Buyer's Agent
Joe Termini
Charter Realty
List Price
$2,995,000
Sold Price
$2,345,155
Premium/Discount to List
-$649,845
-21.7%
Current Estimated Value
$4,504,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,159,133
Avg. Annual Appreciation
6.25%
Original Mortgage
$2,347,471
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 1998
Sold by
Swoboda Jeannie K
Bought by
Fong Arthur and Fong Sueko Araya

Purchase Details

Closed on
Nov 7, 1996
Sold by
Exchange Properties Corp
Bought by
Swoboda Jeannie K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martino Joseph E $2,345,500 Accommodation
Martino Joseph E $2,345,500 Accommodation
Fong Arthur -- Chicago Title Co
Fong Arthur -- Chicago Title Co
Swoboda Jeannie K $159,000 Chicago Title Insurance Co
Exchange Properties Corp -- Chicago Title Insurance Co
Swoboda Jeannie K $159,000 Chicago Title Insurance Co
Exchange Properties Corp -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martino Joseph E $1,820,000
Closed Martino Joseph E $1,640,000
Closed Martino Joseph E $2,347,471
Previous Owner Fong Arthur $3,100,000
Previous Owner Fong Arthur $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2015 01/02/15 Sold $2,345,155 -9.6% $1,563 / Sq Ft
11/28/2014 11/28/14 Pending -- -- --
11/07/2014 11/07/14 Price Changed $2,595,000 -13.4% $1,730 / Sq Ft
05/09/2014 05/09/14 For Sale $2,995,000 -- $1,997 / 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 $45,014 $4,327,606 $3,850,063 $477,543
2024 $45,014 $4,242,751 $3,774,571 $468,180
2023 $43,919 $4,159,560 $3,700,560 $459,000
2022 $28,620 $2,655,956 $2,072,530 $583,426
2021 $28,008 $2,603,879 $2,031,892 $571,987
2020 $27,640 $2,577,180 $2,011,058 $566,122
2019 $27,127 $2,526,648 $1,971,626 $555,022
2018 $26,572 $2,477,106 $1,932,966 $544,140
2017 $25,561 $2,428,536 $1,895,065 $533,471
2016 $25,051 $2,380,918 $1,857,907 $523,011
2015 $25,078 $2,345,155 $1,830,000 $515,155
2014 $10,096 $877,378 $389,128 $488,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14096216

California Regional Multiple Listing Service (CRMLS)

APN: 644-073-03