NOT LISTED FOR SALE

Estimated Value: $4,955,000 - $5,535,000

4 Beds
3 Baths
2,025 Sq Ft
$2,616/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $4,500,000 $2,222 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $32,145/month

Highlights

  • White Water Ocean Views
  • Beach Access
  • Living Room with Fireplace
  • El Morro Elementary School Rated A+
  • Deck
  • 3-minute walk to Crescent Bay Point Park

About This Home

As of August 2021

The house was sold while preparing the home for the market This Laguna Beach cottage has everything a family could want for a vacation or full time home. Wake each morning taking in the Crescent Bay ocean air. Enjoy the memorizing images of waves crashing onto the beach and rocks. The stairs down to the beach are a stone's throw away. This 1954 cottage consists of 4 bedrooms and 3 full bathrooms. The 4th bedroom is located off the garage with direct street access, full bath, a fireplace and gas hookups making this bedroom ready to be converted into an ADU. Enjoy an outdoor shower when returning from the beach and a large fenced in yard for the children and puppies to zoom around. When you don't feel up to cooking at home enjoy a neighborhood stroll to multiple restaurants or enjoy a trolley ride into the downtown village or down to Drake's for live music and dinner.

Last Agent to Sell the Property

Jessica Gannon

Real Broker License #02029373 Listed on: 08/31/2021

Real Broker

Last Buyer's Agent

Mark Christy

License #00776546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,368

Year Built

  • Built in 1954

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 63x100
  • Fenced Yard
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Side by Side Parking
  • Driveway

Property Views

  • White Water Ocean
  • Catalina

Home Design

  • Cottage
  • Fixer Upper

Interior Spaces

  • 2,025 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Rain Gutters

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 053-135-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,368

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 2025
  • Lot Acreage: 0.1446
  • Lot Dimensions: 63x100
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Gas, Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Washer, Dryer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 2222.22
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, Rain Gutters, High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Catalina, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car, Side By Side, Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Manual
  • Assessor Parcel Number: 053-135-02
  • Lot Description: Back Yard, Fenced Yard
  • Lot Location: Beach Access
  • Lot Size Area: 6300

Rental Info

  • Furnished: Furnished

MLS Schools

  • School District: Laguna Beach Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Aug 23, 2021
Sold by
Storz Donald R and Storz Christine H
Bought by
Mussallem Michael and Mussallem Linda
Seller's Agent
Jessica Gannon
Real Broker
Buyer's Agent
Mark Christy
List Price
$4,500,000
Sold Price
$4,500,000
Total Days on Market
0
Current Estimated Value
$5,297,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,622
Avg. Annual Appreciation
4.78%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Huestis Douglas S
Bought by
Huestis Douglas and Klencke Barbara

Purchase Details

Closed on
Sep 6, 2012
Sold by
Storz Christine H
Bought by
Storz Donald R and Storz Christine H

Purchase Details

Closed on
Jun 17, 2007
Sold by
Huestis Peter W
Bought by
Storz Christine H and Huestis Douglas S
Source: Public Records

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Range of Values:

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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
Mussallem Michael $4,500,000 First American Title
Huestis Douglas -- None Available
Storz Donald R -- None Available
Storz Christine H -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $4,500,000 0.0% $2,222 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $4,500,000 -- $2,222 / Sq Ft
Source: The MLS

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 $48,368 $4,681,800 $4,538,082 $143,718
2023 $47,563 $4,590,000 $4,449,100 $140,900
2022 $46,772 $4,500,000 $4,361,862 $138,138
2021 $2,921 $180,001 $113,317 $66,684
2020 $2,825 $178,156 $112,155 $66,001
2019 $2,752 $174,663 $109,956 $64,707
2018 $2,684 $171,239 $107,800 $63,439
2017 $2,611 $167,882 $105,686 $62,196
2016 $2,544 $164,591 $103,614 $60,977
2015 $2,485 $162,119 $102,057 $60,062
2014 $2,424 $158,944 $100,058 $58,886
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-773084

The MLS

APN: 053-135-02