NOT LISTED FOR SALE

121 Riviera Way Laguna Beach, CA 92651

Estimated Value: $8,775,000 - $35,468,502

4 Beds
5 Baths
6,888 Sq Ft
$3,212/Sq Ft Est. Value

About This Home

This home is located at 121 Riviera Way, Laguna Beach, CA 92651 and is currently estimated at $22,121,751, approximately $3,211 per square foot. 121 Riviera Way is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2017
Sold by
Mcelroy Thomas P and Mcelroy Sarah J
Bought by
Thorp Edward O and Edward O Thorp Revocable Trust
Current Estimated Value
$22,121,751

Purchase Details

Closed on
Oct 12, 2012
Sold by
Mcelroy Thomas P and Mc Elroy Sarah J
Bought by
Mcelroy Thomas P and Mcelroy Sarah J

Purchase Details

Closed on
Nov 15, 2007
Sold by
Ogron Mitchell
Bought by
Mcelroy Thomas P and Mcelroy Sarah J

Purchase Details

Closed on
Jan 22, 2004
Sold by
Ogron Melissa Ann
Bought by
Ogron Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 5, 2004
Sold by
Olson Curtis R and Olson Cristine L
Bought by
Ogron Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 1997
Sold by
Young Kim and Young Ann
Bought by
Olson Curtis R and Olson Cristine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,537,500
Interest Rate
5.62%
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.

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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.

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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.

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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.

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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
Thorp Edward O $22,000,000 Lawyers Title Company
Mcelroy Thomas P -- Fidelity National Title Co
Mcelroy Thomas P -- Equity Title Company
Ogron Mitchell -- Southland Title Corporation
Ogron Mitchell -- Southland Title Corporation
Olson Curtis R $2,050,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelroy Thomas P $1,000,000
Previous Owner Ogron Mitchell $3,000,000
Previous Owner Olson Curtis R $0
Previous Owner Olson Curtis R $1,537,500
Source: Public Records

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 $255,184 $25,532,890 $22,971,557 $2,561,333
2024 $255,184 $25,032,246 $22,521,135 $2,511,111
2023 $249,631 $24,541,418 $22,079,544 $2,461,874
2022 $244,958 $24,060,214 $21,646,612 $2,413,602
2021 $240,207 $23,588,446 $21,222,169 $2,366,277
2020 $237,665 $23,346,576 $21,004,562 $2,342,014
2019 $233,564 $22,888,800 $20,592,707 $2,296,093
2018 $229,012 $22,440,000 $20,188,928 $2,251,072
2017 $118,164 $11,544,035 $9,321,451 $2,222,584
2016 $115,923 $11,317,682 $9,138,678 $2,179,004
2015 $114,187 $11,147,680 $9,001,406 $2,146,274
2014 $112,007 $10,929,313 $8,825,081 $2,104,232
Source: Public Records

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