NOT LISTED FOR SALE

Estimated Value: $6,138,000 - $13,735,400

4 Beds
6.5 Baths
4,850 Sq Ft
$2,049/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $10,433,750 $2,151 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $63,891/month

234 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Guest House
  • El Morro Elementary School Rated A+
  • Property has ocean access
  • 4-minute walk to Crescent Bay Point Park

About This Home

As of October 2015

Located on the sand of Crescent Bay in North Laguna Beach, this warm and inviting English Craftsman oceanfront home offers views of swaying palm trees, rock outcroppings, crashing waves, Catalina Island and spectacular sunsets. The main house includes a Gourmet Kitchen and adjacent Dining Area that mingle nicely with a bright and airy Living Room; all of which open onto an expansive ocean view terrace situated perfectly to enhance the enjoyment of year-round outdoor living. The Family Room, complete with fieldstone fireplace, enjoys its own view terrace. In addition, there is a Bonus Room and bath with private exterior entrance which could easily be re-purposed as a studio bedroom. Also located on the property is a detached Guest House with Kitchen and full bath. At nearly 9,000 sqft, this sprawling corner lot affords the luxury of exterior space; something that is very hard to come by on the oceanfront. These generous grounds allow for such indulgences as a peaceful courtyard with Koi pond, lush landscaping and beautifully manicured trees, large terraced gardens with fragrant roses, fern grottos, citrus trees and a grassy lawn. There is even a quaint Greenhouse for those so inclined. Rarely does a property of this style and caliber become available.

Last Agent to Sell the Property

Rob Smith

Compass License #01113111 Listed on: 02/23/2015

Compass

Last Buyer's Agent

Ron Millar

Arbor Real Estate License #01191748

Arbor Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,889

Year Built

  • Built in 1985

Lot Details

  • 8,712 Sq Ft Lot
  • Beach Front
  • South Facing Home
  • Landscaped
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Lot Sloped Down
  • Sprinklers Throughout Yard
  • Private Yard
  • Lawn
  • Garden
  • Back Yard

Parking

  • 2 Car Garage
  • Public Parking
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Parking Lot

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Bluff
  • Views of a landmark
  • Hills
  • Courtyard
  • Rock

Home Design

  • Craftsman Architecture
  • English Architecture
  • Cottage
  • Turnkey
  • Cosmetic Repairs Needed
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Tile Roof
  • Composition Roof
  • Flat Tile Roof
  • Wood Siding
  • Shingle Siding
  • Stone Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 4,850 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Shutters
  • Drapes & Rods
  • Blinds
  • French Mullion Window
  • Atrium Windows
  • Wood Frame Window
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Bonus Room
  • Storage

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Ceramic Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Laundry Chute

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Stone Porch or Patio
  • Koi Pond
  • Terrace
  • Exterior Lighting
  • Greenhouse
  • Outdoor Grill
  • Rain Gutters

Additional Homes

  • Guest House

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1087
  • Assessor Parcel Number 05313110

Community Details

Overview

  • No Home Owners Association
  • Custom
  • Property is near a preserve or public land

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,889

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Security Lights, Fire and Smoke Detection System, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Cottage, Craftsman, English
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05313110
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4850.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Block Walls, Cathedral Ceiling(s), Ceramic Counters, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Stone Counters, Wired for Sound, Tile Counters, Track Lighting, Unfurnished, Vacuum Central, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Counter / Bar, Separated
  • Entry Level: 3
  • Fireplace Features: Family Room, Gas, Gas Starter, Living Room, Master Bedroom, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 2151.29
  • Room Type: Bonus Room, Dressing Area, Family Room, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom, Walk-In Closet, Separate Family Room, Wine Cellar
  • Window Features: Atrium, Blinds, Drapes, Double Pane Windows, French/Mullioned, Shutters, Skylight(s), Wood Frames
  • Bathroom Features: Bidet, Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab, Combination, Raised
  • Other Structures: Guest House, Greenhouse
  • Exterior Features: Barbecue Private, Koi Pond, Lighting, Rain Gutters
  • View: Bluff, Catalina, City Lights, Coastline, Courtyard, Hills, Landmark, Ocean, Panoramic, Rocks, Water, White Water
  • Patio And Porch Features: Deck, Stone, Terrace
  • Pool Private: No
  • Roof: Composition, Flat Tile, Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Shingle Siding, Stone, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking Features: Driveway, Garage Faces Front, Garage, Public, Parking Space, Side by Side, Garage - Single Door, Street, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Convection Oven, Double Oven, Dishwasher, Electric Oven, Disposal, Gas Water Heater, Refrigerator, Self Cleaning Oven, Trash Compactor, Vented Exhaust Fan, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air, Fireplace(s), Natural Gas, Zoned
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Inside, Individual Room, Laundry Chute, Upper Level, Washer Hookup, Washer Included
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Preserve/Public Land, Street Lights, Storm Drains, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Bluff, Back Yard, Sloped Down, Garden, Lawn, Landscaped, Irregular Lot, Lot 6500-9999, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Near Public Transit, Yard
  • Lot Size Sq Ft: 8712.00
  • Price Per Lot Square Foot: 1197.63
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8712.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Fishing in Community, Ocean Access, Ocean Front, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 1087

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2015
Closed on
Sep 1, 2015
Sold by
Fedhill Llc
Bought by
Nark Living Trust
Seller's Agent
Rob Smith
Compass
Buyer's Agent
Ron Millar
Arbor Real Estate
List Price
$11,250,000
Sold Price
$10,433,750
Premium/Discount to List
-$816,250
-7.26%
Total Days on Market
234
Current Estimated Value
$9,936,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$497,050
Avg. Annual Appreciation
-0.51%
Original Mortgage
$4,000,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Hoops Alan and Hoops Teri
Bought by
Fedhill Llc

Purchase Details

Closed on
Apr 20, 1999
Sold by
Reinsch Helen Marsh and Keith Bilter D
Bought by
Hoops Alan and Hoops Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 20, 1994
Sold by
Reinsch Harry O and Reinsch Helen M
Bought by
Reinsch Harry O and Harry O Reinsch & Helen Marsh Reinsch 19
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
Nark Living Trust $10,434,000 Chicago Title Company
Fedhill Llc $9,969,000 Southland Title Corporation
Hoops Alan $4,100,000 Chicago Title Co
Reinsch Harry O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nark Theodore C $610,000
Previous Owner Nark Living Trust $4,000,000
Previous Owner Hoops Alan $1,000,000
Previous Owner Hoops Alan $959,900
Previous Owner Hoops Alan $965,500
Previous Owner Hoops Alan $967,500
Previous Owner Hoops Alan $972,000
Previous Owner Hoops Alan $500,000
Previous Owner Hoops Alan $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $10,433,750 -7.3% $2,151 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $11,250,000 -- $2,320 / 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 $133,889 $13,083,974 $11,324,171 $1,759,803
2023 $131,118 $12,827,426 $11,102,128 $1,725,298
2022 $128,598 $12,575,908 $10,884,439 $1,691,469
2021 $126,076 $12,329,322 $10,671,019 $1,658,303
2020 $123,269 $12,074,405 $10,561,600 $1,512,805
2019 $120,054 $11,731,353 $10,354,510 $1,376,843
2018 $111,271 $10,855,273 $10,151,481 $703,792
2017 $109,072 $10,642,425 $9,952,432 $689,993
2016 $107,003 $10,433,750 $9,757,286 $676,464
2015 $116,169 $11,335,447 $10,498,398 $837,049
2014 $113,953 $11,113,402 $10,292,749 $820,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP15038499

California Regional Multiple Listing Service (CRMLS)

APN: 053-131-10