NOT LISTED FOR SALE

114 Riviera Way Laguna Beach, CA 92651

Estimated Value: $9,039,000 - $18,431,168

4 Beds
5.5 Baths
4,103 Sq Ft
$3,348/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $11,800,000 $2,876 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $87,576/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • In Ground Spa
  • Ocean Side of Highway 1

About This Home

As of July 2018

Set along one of Southern California’s most scenic coastlines and located within the 24-hour guard-gated oceanfront community of Irvine Cove, this newly remodeled 4 bedrooms, 5.5 bath, single level contemporary residence offers magnificent ocean, Catalina and whitewater views. Situated on a quiet cul-de-sac and just steps away from the private beach, this home offers beachfront living at its finest in the most exclusive coastal neighborhood. The extensive remodel includes new kitchen cabinets, quartzite counters, Thermador appliances, wine refrigerator, marble clad bathrooms, custom lighting, A/C, window coverings, and white oak plank flooring throughout. The luxurious master suite has his and her walk-in-closets, stone shower, jetted tub and stunning views of the ocean and whitewater. The expansive 16,560 square foot parcel provides rear yard amenities including a pool, spa, and built-in barbecue. Two car garage, plus spacious driveway.

Last Agent to Sell the Property

Andre White

Pacific Sotheby's Int'l Realty License #01873658 Listed on: 07/13/2018

Pacific Sotheby's Int'l Realty

Co-Listed By

Kathryn White

Coldwell Banker Realty License #01346645

Coldwell Banker Realty

Last Buyer's Agent

Kathryn White

Coldwell Banker Realty License #01346645

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132,071

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Wood Fence

HOA Fees

  • $714 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • White Water Ocean
  • Catalina

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,103 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 5003
  • Assessor Parcel Number 05331817

Community Details

Overview

  • Irvine Cove Association, Phone Number (949) 497-5869
  • Irvine Cove Subdivision

Recreation

  • Community Playground

Additional Features

  • Community Fire Pit
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,071

Year Built

Built in 1963 | Remodeled

Lot Details

0

HOA Fees

$714 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05331817
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4103.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 2875.94
  • Room Type: Family Room, Laundry, Living Room, Master Suite, Office, Wine Cellar
  • Spa Features: Private, In Ground
  • Bathroom Features: Double Sinks In Master Bath, Remodeled, Walk-In Shower
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting, Rain Gutters
  • View: Catalina, Ocean, White Water
  • Fence: Yes
  • Fencing: Wood
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Disposal, Gas Oven, Microwave, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Playground
  • Association Fee: 714.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Cove
  • Phone: 949-497-5869
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 16560.00
  • Lot Size Acres: 0.3802
  • Latitude Manual: 33.55387300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16560.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 43
  • Tax Tract Number: 05003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Jul 9, 2018
Sold by
Chateau Michele 1 Corp
Bought by
Warpinski Sally and The Lion King Trust
Seller's Agent
Andre White
Pacific Sotheby's Int'l Realty
Buyer's Agent
Kathryn White
Coldwell Banker Realty
List Price
$11,800,000
Sold Price
$11,800,000
Current Estimated Value
$13,735,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,935,084
Avg. Annual Appreciation
1.50%

Purchase Details

Listed on
Aug 1, 2017
Closed on
Aug 31, 2017
Sold by
Chateau Miuchael Corp
Bought by
Chateau Michael 1 Cor
Seller's Agent
Andre White
Pacific Sotheby's Int'l Realty
Buyer's Agent
Andre White
Pacific Sotheby's Int'l Realty
Sold Price
$20,000

Purchase Details

Listed on
Oct 25, 2015
Closed on
Oct 28, 2015
Sold by
Monaco Llc
Bought by
Chateau Michele Corp
Seller's Agent
Andy Stavros
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Rob Smith
Compass
List Price
$7,800,000
Sold Price
$7,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jun 5, 2015
Sold by
Murphy John J and Murphy Sue
Bought by
Monaco Llc

Purchase Details

Closed on
Mar 14, 2013
Sold by
Murphy John J and Murphy Sue
Bought by
Murphy John J and Murphy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,900
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2012
Sold by
Murphy John J and Murphy Sue
Bought by
Murphy John J and Murphy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Murphy John J and Murphy Sue
Bought by
Murphy John J and Murphy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Murphy John J and Murphy Sue
Bought by
Murphy John J and Murphy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7%

Purchase Details

Closed on
Feb 14, 1994
Sold by
Murphy John J and Murphy Sue
Bought by
Murphy John J and Murphy Sue
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
Warpinski Sally $11,800,000 Ticor Title Co
Chateau Michael 1 Cor -- None Available
Chateau Michele Corp $7,800,000 Chicago Title Company
Monaco Llc $7,000,000 Chicago Title Company
Murphy John J -- Accommodation
Murphy John J -- Equity Title Company
Murphy John J -- Accommodation
Murphy John J -- Equity Title Company
Murphy John J -- Fidelity National Title Ins
Murphy John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy John J $473,900
Previous Owner Murphy John J $488,500
Previous Owner Murphy John J $508,000
Previous Owner Murphy John J $560,000
Previous Owner Murphy John J $567,000
Previous Owner Murphy John J $567,000
Previous Owner Murphy John J $567,000
Previous Owner Murphy John J $567,000
Previous Owner Murphy John J $568,700
Previous Owner Murphy John J $570,000
Previous Owner Murphy John J $590,000
Previous Owner Murphy John J $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $11,800,000 0.0% $2,876 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $11,800,000 0.0% $2,876 / Sq Ft
09/19/2017 09/19/17 Rented $20,000 -20.0% --
08/01/2017 08/01/17 For Rent $25,000 0.0% --
11/13/2015 11/13/15 Sold $7,800,000 0.0% $1,901 / Sq Ft
10/25/2015 10/25/15 For Sale $7,800,000 -- $1,901 / 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
2024 $132,071 $12,905,022 $12,491,559 $413,463
2023 $129,342 $12,651,983 $12,246,627 $405,356
2022 $126,855 $12,403,905 $12,006,497 $397,408
2021 $124,367 $12,160,692 $11,771,076 $389,616
2020 $123,019 $12,036,000 $11,650,379 $385,621
2019 $120,884 $11,800,000 $11,421,940 $378,060
2018 $81,804 $7,956,000 $7,585,549 $370,451
2017 $81,768 $7,956,000 $7,585,549 $370,451
2016 $80,212 $7,800,000 $7,436,812 $363,188
2015 $24,247 $2,308,048 $1,992,206 $315,842
2014 -- $2,262,837 $1,953,181 $309,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18172308

California Regional Multiple Listing Service (CRMLS)

APN: 053-318-17