1199 Summit Dr Laguna Beach, CA 92651
Arch Beach Heights NeighborhoodEstimated Value: $4,813,000 - $5,428,000
3
Beds
3.5
Baths
4,004
Sq Ft
$1,248/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Primary Bedroom Suite
- 0.3 Acre Lot
- Top Of The World Elementary School Rated A
- Custom Home
- Fireplace in Primary Bedroom
About This Home
As of July 2020Some of the most exceptional ocean views in all of Southern California punctuate this exquisite home, which offers an incomparable living experience along with coveted proximity to the best that Laguna Beach has to offer. Situated on a massive lot spanning three parcels, it represents an incredibly rare opportunity. And, thanks to its beautifully polished interior, whose versatile floor plan is designed to maximize the absolutely stunning whitewater and coastline views, you’ll find no better place to entertain in style. The home’s gourmet kitchen, which features large islands on both sides, opens up to a roomy deck with a seating area that encloses as a cabana with space heaters, rendering it the perfect gathering spot year-round. Meanwhile, spacious living and dining rooms face the ocean, offering the chance to create memories with family and friends against the most picturesque backdrop imaginable. Recently remodeled to include a self-standing tub, plus luxurious his-and-hers closets, a decadent master suite affords the incredible luxury of world-class ocean vistas you can enjoy from the comfort of your bed—and it opens to another large deck with dramatic sit-down views and a majestic yard. An open office area may be enclosed to create a fourth bedroom, while an additional bonus space that opens up to yet another deck—replete with a top-of-the-line outdoor kitchen and barbecue—is well suited to function as a home theatre. This spellbinding property is not to be missed.
Last Agent to Sell the Property
Livel Real Estate License #01871040 Listed on: 12/03/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $36,384
Year Built
- Built in 1961
Lot Details
- 0.3 Acre Lot
- Landscaped
- Private Yard
- 64440216, 64440214
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- Parking Available
- Driveway
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Mountain
Home Design
- Custom Home
- Turnkey
Interior Spaces
- 4,004 Sq Ft Home
- Wet Bar
- Built-In Features
- Crown Molding
- Ceiling Fan
- Skylights
- Recessed Lighting
- Electric Fireplace
- Gas Fireplace
- Entryway
- Family Room with Fireplace
- Living Room with Fireplace
- Combination Dining and Living Room
- Home Office
- Laundry Room
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Gas Cooktop
- Range Hood
- Warming Drawer
- Microwave
- Dishwasher
- Quartz Countertops
- Self-Closing Drawers
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Quartz Bathroom Countertops
- Tile Bathroom Countertop
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Bathtub
- Separate Shower
- Exhaust Fan In Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Living Room Balcony
- Covered patio or porch
- Outdoor Fireplace
Schools
- Top Of The World Elementary School
- Thurston Middle School
Additional Features
- Suburban Location
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 21 / 22
- Tax Tract Number 24
- Assessor Parcel Number 64440212
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2021
Sold by
Alk Khalifa Group Llc
Bought by
Alimo Investment Group Llc
Total Days on Market
214
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Outstanding Balance
$2,994,238
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$2,002,984
Purchase Details
Listed on
Dec 3, 2019
Closed on
Jul 17, 2020
Sold by
Davidson Donald E and Davidson Marilyn R
Bought by
Al Khalifa Group Llc
Seller's Agent
Meital Taub
Livel Real Estate
Buyer's Agent
Meital Taub
Livel Real Estate
List Price
$3,888,000
Sold Price
$3,300,000
Premium/Discount to List
-$588,000
-15.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Purchase Details
Closed on
May 11, 2009
Sold by
Davidson Donald E and Davidson Marilyn R
Bought by
Davidson Donald E and Davidson Marilyn R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 18, 1994
Sold by
Davidson Donald E and Davidson Marilyn R
Bought by
Davidson Donald E and Davidson Marilyn R
Purchase Details
Closed on
Nov 22, 1993
Sold by
Davidson Donald E and Davidson Marilyn R
Bought by
Davidson Donald E and Davidson Marilyn R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.74%
Similar Homes in Laguna Beach, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alimo Investment Group Llc | -- | None Available | |
| Al Khalifa Group Llc | $3,300,000 | First American Ttl Santa Ana | |
| Davidson Donald E | -- | Accommodation | |
| Davidson Donald E | -- | Lawyers Title | |
| Davidson Donald E | -- | -- | |
| Davidson Donald E | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alimo Investment Group Llc | $3,300,000 | |
| Previous Owner | Davidson Donald E | $385,000 | |
| Previous Owner | Davidson Donald E | $400,000 | |
| Previous Owner | Davidson Donald E | $175,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2020 07/28/20 | Sold | $3,300,000 | -5.6% | $824 / Sq Ft |
| 06/10/2020 06/10/20 | Price Changed | $3,495,000 | -4.2% | $873 / Sq Ft |
| 02/07/2020 02/07/20 | Price Changed | $3,650,000 | -6.1% | $912 / Sq Ft |
| 12/03/2019 12/03/19 | For Sale | $3,888,000 | -- | $971 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $36,384 | $3,501,986 | $2,709,299 | $792,687 |
| 2023 | $36,019 | $3,433,320 | $2,656,175 | $777,145 |
| 2022 | $35,282 | $3,366,000 | $2,604,093 | $761,907 |
| 2021 | $34,547 | $3,300,000 | $2,553,032 | $746,968 |
| 2020 | $13,607 | $1,248,892 | $572,569 | $676,323 |
| 2019 | $13,348 | $1,224,404 | $561,342 | $663,062 |
| 2018 | $13,072 | $1,200,397 | $550,336 | $650,061 |
| 2017 | $12,795 | $1,176,860 | $539,545 | $637,315 |
| 2016 | $12,535 | $1,153,785 | $528,966 | $624,819 |
| 2015 | $12,327 | $1,136,455 | $521,021 | $615,434 |
| 2014 | $12,078 | $1,114,194 | $510,815 | $603,379 |
Source: Public Records
Agents Affiliated with this Home
-
Meital Taub
Seller's Agent in 2020
Meital Taub
Livel Real Estate
(949) 922-9552
20 in this area
276 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG19255276
APN: 644-402-12
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