NOT LISTED FOR SALE

Estimated Value: $5,064,000 - $6,350,000

3 Beds
3.5 Baths
3,000 Sq Ft
$1,895/Sq Ft Est. Value

Last Sold July 14, 2014

Last sale price $2,652,500 $884 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $34,543/month

136 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • No HOA
  • El Morro Elementary School Rated A+
  • Wood Flooring
  • 4-minute walk to Crescent Bay Point Park

About This Home

As of July 2014

Beautifully positioned in an idyllic location, this wonderful North Laguna ocean view home is located steps from Crescent Bay Beach on the ocean side of PCH. Situated on a large, elevated corner lot with ample outdoor space, this charming and emotional property affords a fantastic opportunity in which to enjoy the famed Laguna lifestyle. A generously proportioned, sunlit entertaining room with stunning views welcomes you to a 3 bedroom residence with hardwood flooring, vaulted, beamed ceilings, large kitchen, dining area and a family room with romantic fireplace. An artist studio and bath with separate entrance may also serve as a private refuge or office. Additional features include a jetted tub in secondary bedroom, interior laundry, ceiling fans, 2 car garage and easy access to downtown Laguna, dining, shopping, freeways and all that the coast has to offer.

Last Agent to Sell the Property

Jon Flagg

Pacific Sotheby's Int'l Realty License #01316048 Listed on: 01/09/2014

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Herbie Zadeh

First Team Real Estate License #01144297

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,734

Year Built

  • Built in 1947

Lot Details

  • 7,841

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Cottage

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Art Studio
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 1087
  • Assessor Parcel Number 05313410

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,734

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: The Coves (CVS)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05313410
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3000.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 884.17
  • Room Type: Art Studio

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7841.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 1087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Fard Ghassemi Mahdad
Bought by
Fard Ghassemi Mahdad and Fard Ghassemi Family Revocable
Total Days on Market
136
Current Estimated Value
$5,683,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$740,117
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,943,826

Purchase Details

Closed on
Apr 27, 2021
Sold by
Fard Ghassemi Mahdad and Fard Ghassemi Family Revocable
Bought by
Fard Ghassemi Mahdad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$740,117
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,943,826

Purchase Details

Closed on
Mar 6, 2015
Sold by
Fard Ghassemi Mahdad
Bought by
Fard Ghassemi Mahdad and Fard Ghassemi Family Revocable Trust

Purchase Details

Listed on
Jan 9, 2014
Closed on
Jul 2, 2014
Sold by
Fuentes Hilda G
Bought by
Fard Ghassemi Mahdad
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Herbie Zadeh
First Team Real Estate
List Price
$2,895,000
Sold Price
$2,652,500
Premium/Discount to List
-$242,500
-8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$1,855,000
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 9, 2014
Closed on
Jun 27, 2014
Sold by
Ruess Marlyse
Bought by
Fard Ghassemi Mahdad
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Herbie Zadeh
First Team Real Estate
List Price
$2,895,000
Sold Price
$2,652,500
Premium/Discount to List
-$242,500
-8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2009
Sold by
Ruess Marlyse and Tillo Nour
Bought by
Ruess Marlyse

Purchase Details

Closed on
Jun 1, 2006
Sold by
Ruess Marlyse
Bought by
Tillo Nour and Ruess Marlyse

Purchase Details

Closed on
Jul 2, 2001
Sold by
Ruess Alois Ludwig and Ruess Ruth Margrit
Bought by
Ruess Marlyse

Purchase Details

Closed on
Apr 9, 1997
Sold by
Robert Rohrer Charles
Bought by
Ruess Alois Ludwig and Ruess Ruth Margrit

Purchase Details

Closed on
Oct 6, 1995
Sold by
Rohrer Charles Robert and Milhous Peggy
Bought by
Rohrer Charles Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
7.62%
Source: Public Records

Similar Homes in Laguna Beach, CA

  • 1195 La Mirada St, Laguna Beach, CA 92651

    $4,549,000

    • 4 Beds
    • 3.5 Baths
    • 3,071 Sq Ft
    • 1195 La Mirada St
    • Laguna Beach, CA

    PRICE REDUCTION!! This home is perched on an expansive double lot with a side easement, this stunning Mark Singer original, ocean view home in Laguna Beach, is truly exceptional. Originally inspired by the lines of a piano and the flow of music, this recently remodeled 4-bedroom, 3.5-bath masterpiece offers a seamless blend of artistry and luxury. Window walls in the living room and kitchen offer

    Kelly Schmit Fredericks Realty

    Section Image
  • 31588 Table Rock Dr, Laguna Beach, CA 92651

    $6,975,000

    • 4 Beds
    • 4 Baths
    • 4,184 Sq Ft
    • 31588 Table Rock Dr
    • Laguna Beach, CA

    Seldom does a prime ocean close, impeccable Laguna Beach residence on the beautiful Table Rock Bluff become available to the public…and this is the first time in 40 years this home has been presented for sale! This classic architectural home, with approximately 4,100 square feet of living space, is situated on a large, wooded, corner lot with access to the stairs to beautiful Secret Cove beach.

    Ray E. McAfoose Coldwell Banker Realty

    Section Image
  • 159 Crescent Bay Dr, Laguna Beach, CA 92651

    $4,550,000

    • 4 Beds
    • 3 Baths
    • 2,469 Sq Ft
    • 159 Crescent Bay Dr
    • Laguna Beach, CA

    This spacious four-bedroom, four-bathroom home sits on a 2,460 sq. ft. footprint within a 5,650 sq. ft. lot, offering plenty of potential for customization. Well-constructed and full of character, the home boasts breathtaking views and is located just moments from the ocean, making it an ideal coastal retreat. While it needs some love to restore its full charm, the solid foundation and generous

    Mele Brobeck Surterre Properties

    Section Image
  • 331 Ledroit St, Laguna Beach, CA 92651

    $4,599,000

    • 3 Beds
    • 3 Baths
    • 2,096 Sq Ft
    • 331 Ledroit St
    • Laguna Beach, CA

    This View Will Take Your Breath Away!Located in North Laguna and now offering a price improvement, this single story living view home boasts sweeping ocean and whitewater views of Emerald Bay, stretching from the Palisades to South Orange County. Nestled on a quiet, peaceful street, it perfectly balances tranquility with convenience—just minutes from local beaches, freeways, and premier

    Kim Cohen Douglas Elliman Of California

    Section Image
  • 537 Dunnegan Place, Laguna Beach, CA 92651

    $6,500,000

    • 4 Beds
    • 4 Baths
    • 3,967 Sq Ft
    • 537 Dunnegan Place
    • Laguna Beach, CA

    A Rare Gem in North Laguna with Unmatched Ocean Views!Opportunities like this are few and far between. A stunning home situated on a flat, quiet cul-de-sac in coveted North Laguna, offering unobstructed 180-degree ocean, coastline, and city views. This exceptional property blends casual coastal elegance with the relaxed charm of beachside living.Enter through a beautifully landscaped courtyard

    Sara Vazvan HomeSmart Evergreen Realty

    Section Image
  • 382 Ledroit St, Laguna Beach, CA 92651

    $6,295,000

    • 3 Beds
    • 3.5 Baths
    • 2,528 Sq Ft
    • 382 Ledroit St
    • Laguna Beach, CA

    Stunning northern-coast views looking toward Emerald Bay, the Pacific Ocean and whitewater vistas are framed by evening lights at this enviably private custom home in coveted and prestigious north Laguna Beach neighborhood. Set beyond a gate, the modern residence reveals a dramatic entrance with long turf-and-concrete driveway for ample onsite guest parking in addition to a two-car garage. Mature

    Meital Taub Livel Real Estate

    Section Image
  • 312 Emerald Bay, Laguna Beach, CA 92651

    $6,395,000

    • 3 Beds
    • 3 Baths
    • 2,107 Sq Ft
    • 312 Emerald Bay
    • Laguna Beach, CA

    Live in Emerald Bay—Laguna Beach’s most exclusive gated beachside community. This rare opportunity offers the perfect canvas to build your family's custom dream home in a location that embodies privacy, prestige, and panoramic ocean views.Situated on one of the most tranquil and child-friendly one-way streets in the community, the property boasts a desirable orientation that captures coastal

    Brian Liberto The Agency

    Section Image
  • 461 Poplar St, Laguna Beach, CA 92651

    $5,695,000

    • 4 Beds
    • 4 Baths
    • 2,543 Sq Ft
    • 461 Poplar St
    • Laguna Beach, CA

    Exquisitely finished ocean-view home in the coveted Tree Streets of North Laguna Beach. This rare location combines the charm of a true neighborhood with wide, tree-lined streets—something not often found in Laguna Beach—along with convenient access to downtown, Main Beach, Heisler Park, and all the coastal lifestyle has to offer.Inside, the light-filled modern Craftsman design showcases vaulted

    Bryan Gerlach Engel & Völkers Dana Point

    Section Image
  • 660 Virginia Park Dr, Laguna Beach, CA 92651

    $4,395,000

    • 4 Beds
    • 3 Baths
    • 3,073 Sq Ft
    • 660 Virginia Park Dr
    • Laguna Beach, CA

    Offering unparalleled privacy and architectural intrigue, 660 Virginia Park offers an extremely unique opportunity to own a generational property in a superlative location. Located on a quiet round-about street with a gentle curve around a landscaped knoll, this architectural home is in original condition and sits behind it’s own private gate on a nearly 12,000sf parcel offering panoramic ocean

    Carter Kaufman Compass

    Section Image

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
Fard Ghassemi Mahdad -- None Available
Fard Ghassemi Mahdad -- First Amer Ttl Co Res Div
Fard Ghassemi Mahdad -- First Amer Ttl Co Res Div
Fard Ghassemi Mahdad -- None Available
Fard Ghassemi Mahdad -- Usa National Title Company
Fard Ghassemi Mahdad $2,652,500 Usa National Title Company
Ruess Marlyse -- None Available
Tillo Nour -- North American Title Co
Ruess Marlyse -- North American Title Co
Ruess Marlyse -- North American Title Co
Ruess Marlyse -- --
Ruess Alois Ludwig $910,000 Guardian Title Company
Ruess Strong Marlyse -- Guardian Title Company
Rohrer Charles Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fard Ghassemi Mahdad $1,150,000
Closed Fard Ghassemi Mahdad $1,800,000
Closed Fard Ghassemi Mahdad $1,855,000
Previous Owner Ruess Marlyse $403,760
Previous Owner Tillo Nour $417,000
Previous Owner Tillo Nour $500,000
Previous Owner Ruess Marlyse $340,000
Previous Owner Ruess Marlyse $500,000
Previous Owner Ruess Alois Ludwig $250,000
Previous Owner Rohrer Charles Robert $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2014 07/14/14 Sold $2,652,500 -8.4% $884 / Sq Ft
01/09/2014 01/09/14 For Sale $2,895,000 -- $965 / 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 $32,734 $3,125,396 $2,906,610 $218,786
2023 $32,281 $3,064,114 $2,849,617 $214,497
2022 $31,615 $3,004,034 $2,793,742 $210,292
2021 $30,879 $2,945,132 $2,738,963 $206,169
2020 $30,495 $2,914,934 $2,710,879 $204,055
2019 $29,946 $2,857,779 $2,657,725 $200,054
2018 $29,419 $2,801,745 $2,605,613 $196,132
2017 $28,823 $2,746,809 $2,554,522 $192,287
2016 $28,263 $2,692,950 $2,504,433 $188,517
2015 $27,823 $2,652,500 $2,466,814 $185,686
2014 $16,360 $1,527,771 $1,335,229 $192,542
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: NP14005951

California Regional Multiple Listing Service (CRMLS)

APN: 053-134-10