NOT LISTED FOR SALE

1161 Summit Place Laguna Beach, CA 92651

Estimated Value: $2,994,257 - $3,877,000

3 Beds
3.5 Baths
2,500 Sq Ft
$1,438/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2014

Last sale price $1,900,000 $760 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $21,279 / mo

Highlights

  • White Water Ocean Views
  • Two Primary Bedrooms
  • Fireplace in Primary Bedroom
  • Top Of The World Elementary School Rated A+
  • Ocean Side of Freeway
  • Contemporary Architecture

About This Home

As of January 2015

Don't miss this incredible ocean view contemporary home designed by Mark Singer. Located on a quiet cul-de-sac, the main living area of this home is located on the upper level, taking full advantage of ocean and coastline views by day and city lights by night. Features include hardwood flooring, large open living room with fireplace and walls of glass that open up to a large balcony Magnificent state of the art kitchen has SieMatic custom kitchen cabinets, Wolf range, Miele espresso machine, Sub-Zero refrigerator and separate Sub-Zero wine refrigerator and dual dishwashers. A guest bathroom as well as a third bedroom is located on the upper level. On the lower level you will find the master suite which is complete with fireplace and an ocean view balcony. Master bath features a soaking tub, separate shower and dual vanities. Second bedroom on lower level also has a private bathroom as well as access to the lovely back yard. Lower level has stained concrete floors throughout as well as a large laundry room, perfectly located between the bedrooms.

Last Agent to Rent the Property

Laura Baptista

Team Laguna Inc License #01753586 Listed on: 10/12/2014

Co-Listed By

Danielle Purcell

Team Laguna Inc License #01063725

Last Renter's Agent

Laura Baptista

Team Laguna Inc License #01753586 Listed on: 10/12/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 4,356

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Woods

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,500 Sq Ft Home
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Flooring

  • Wood
  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Multi-Level Bedroom

Additional Features

  • Ocean Side of Freeway
  • 4,356 Sq Ft Lot
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 64424405

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

4,356 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Credit Check Paid By: Tenant
  • Deposit Pets: 1000
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Summit Ridge (SR)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 64424405
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00
  • Common Walls: No Common Walls
  • Flooring: Concrete, Stone, Wood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 2.52
  • Room Type: Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Multi-Level Bedroom, Main Floor Master Bedroom, Two Masters

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Trees/Woods, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 4356.0000 Square Feet
  • Rent Includes: Trash Collection
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: *
  • Tax Tract Number: *

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Sep 5, 2014
Sold by
Bought by
Seller's Agent
Derik Brian
Derik Brian, Inc.
Buyer's Agent
Peggy Coon
Peggy Coon Real Estate
List Price
$2,280,000
Sold Price
$1,900,000
Premium/Discount to List
-$380,000
-16.67%
Current Estimated Value
$3,594,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,694,564
Avg. Annual Appreciation
5.59%
Original Mortgage
$1,425,000
Outstanding Balance
$1,088,102
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$2,506,462

Purchase Details

Closed on
Sep 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,183,000
Interest Rate
6.17%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 1995
Sold by
Bought by

Purchase Details

Closed on
Feb 18, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,900,000 Stewart Title Of Ca Inc
-- First American Title Ins Co
$1,905,000 --
-- Stewart Title Riverside
$325,000 First Southwestern Title Co
-- Guardian Title Company
-- Old Republic Title Company
-- Old Republic Title Company
$102,500 Old Republic Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,425,000
Previous Owner $1,785,000
Previous Owner $1,500,000
Previous Owner $1,183,000
Previous Owner $160,000
Closed $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2014 12/29/14 Rented $6,300 -13.7% --
11/29/2014 11/29/14 Under Contract -- -- --
10/12/2014 10/12/14 For Rent $7,300 0.0% --
10/02/2014 10/02/14 Sold $1,900,000 -5.0% $760 / Sq Ft View Prior Sale
07/19/2014 07/19/14 Price Changed $1,999,000 -12.3% $800 / Sq Ft
04/14/2014 04/14/14 For Sale $2,280,000 0.0% $912 / Sq Ft
11/30/2012 11/30/12 Rented $7,650 -36.3% --
11/19/2012 11/19/12 Under Contract -- -- --
07/07/2012 07/07/12 Rented $12,000 +41.2% --
07/05/2012 07/05/12 For Rent $8,500 0.0% --
07/03/2012 07/03/12 Under Contract -- -- --
06/02/2012 06/02/12 For Rent $8,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $23,728 $2,283,512 $1,833,832 $449,680
2024 $23,728 $2,238,738 $1,797,875 $440,863
2023 $23,481 $2,194,842 $1,762,623 $432,219
2022 $22,980 $2,151,806 $1,728,061 $423,745
2021 $22,481 $2,109,614 $1,694,177 $415,437
2020 $22,183 $2,087,983 $1,676,805 $411,178
2019 $21,778 $2,047,043 $1,643,927 $403,116
2018 $21,341 $2,006,905 $1,611,693 $395,212
2017 $20,903 $1,967,554 $1,580,091 $387,463
2016 $20,492 $1,928,975 $1,549,109 $379,866
2015 $20,167 $1,900,000 $1,525,839 $374,161
2014 $15,961 $1,495,560 $1,123,382 $372,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14219079

California Regional Multiple Listing Service (CRMLS)

APN: 644-244-05

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