NOT LISTED FOR SALE

Estimated Value: $3,406,000 - $4,593,000

2 Beds
2 Baths
2,070 Sq Ft
$1,967/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $3,022,500 $1,460 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $24,811/month

74 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Custom Home
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • 2-minute walk to Crescent Bay Point Park

About This Home

As of November 2023

Amazing location on one of the most coveted streets in North Laguna Beach with spectacular white water VIEWS from downtown to Dana Point. Just three houses from Crescent Bay Point Park and only a short walk (approx. 300 steps) to the surf and sand. Known for it’s local vibe, Crescent Bay is considered one of the best beaches in Laguna. Very few homes offer this proximity to such a special cove which makes it perfect for the ocean-loving person or family! This is the first time it’s been on the market since it was built in 1973. The owner loved the late afternoon hours when the sun lights up the windows above downtown, calling it “Gold Hill”. The mid-century, beach cottage design and floor plan provide open, light spaces throughout. At the top of the stairs you’ll find the open kitchen/dining/living room with cathedral ceilings, a wood and gas burning fireplace and a view that you’ll cherish every time you’re there. The ocean view deck runs across the whole house and it’s a special place to be. There’s also a big bedroom with it’s own street side balcony and a full bathroom upstairs. Downstairs features a large family room, a bathroom with Jack & Jill entry, a big bedroom, and garage access from the hall. The family room could be made into a third bedroom if desired. The kitchen and both bathrooms have been remodeled. 2 car garage + 2 car driveway parking. There’s also fresh interior and exterior paint, new LPV white oak flooring, and a number of other nice touches to enjoy. This is a rare and special listing, the ultimate beach house, and a fantastic place to call home.

Last Agent to Sell the Property

Geoffrey Rudy

Keller Williams Pacific Estate License #01455475 Listed on: 08/07/2023

Keller Williams Pacific Estate

Last Buyer's Agent

John Russo

John Scott Russo License #01291792

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,514

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Property fronts a private road
  • Southeast Facing Home
  • Wood Fence
  • Rectangular Lot
  • Front Yard

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway Down Slope From Street

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Custom Home
  • Bungalow
  • Flat Roof Shape
  • Slab Foundation
  • Composition Roof
  • Shingle Siding

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Cooktop
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Sinks
  • Low Flow Toliet
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Front Porch

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 707
  • Assessor Parcel Number 05313305
  • $1,022 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,514

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Bungalow, Custom Built
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05313305
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2070.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1460.14
  • Room Type: Formal Entry, Living Room, Main Floor Bedroom, Separate Family Room
  • Window Features: Screens
  • Bathroom Features: Low Flow Toilet(s), Double Sinks In Bath(s), Exhaust Fan(s), Remodeled, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: Southeast
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Brick, Front Porch
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Down Slope From Street, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Watersports, Sidewalks, Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918
  • Latitude Manual: 33.54798900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 626.56
  • Tax Lot: 49
  • Tax Tract Number: 707
  • TaxOtherAnnualAssessmentAmount: 1022.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Oct 27, 2023
Sold by
Lee Family Trust
Bought by
Russo Family Trust and Russo
Seller's Agent
Geoffrey Rudy
Keller Williams Pacific Estate
Buyer's Agent
John Russo
John Scott Russo
List Price
$3,300,000
Sold Price
$3,022,500
Premium/Discount to List
-$277,500
-8.41%
Views
127
Current Estimated Value
$4,071,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,213
Avg. Annual Appreciation
13.55%
Original Mortgage
$2,025,000
Outstanding Balance
$1,998,081
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$1,777,261

Purchase Details

Closed on
Oct 24, 2002
Sold by
The Lee Family Trust
Bought by
The Shirley A Lee Living Trust

Purchase Details

Closed on
Sep 24, 1996
Sold by
Lee Milton E and Lee Shirley A
Bought by
Lee Milton E and Lee Shirley A
Source: Public Records

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
Russo Family Trust $3,022,500 Ticor Title
The Shirley A Lee Living Trust -- --
The Shirley A Lee Living Trust -- --
Lee Milton E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Family Trust $2,025,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $3,022,500 -5.4% $1,460 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $3,195,000 -3.2% $1,543 / Sq Ft
09/09/2023 09/09/23 For Sale $3,300,000 0.0% $1,594 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $3,300,000 -- $1,594 / 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
2025 $31,514 $3,082,950 $2,878,091 $204,859
2024 $31,514 $3,022,500 $2,821,657 $200,843
2023 $2,838 $179,007 $94,221 $84,786
2022 $2,729 $175,498 $92,374 $83,124
2021 $2,622 $172,057 $90,562 $81,495
2020 $2,536 $170,293 $89,633 $80,660
2019 $2,603 $166,954 $87,875 $79,079
2018 $2,536 $163,681 $86,152 $77,529
2017 $2,465 $160,472 $84,463 $76,009
2016 $2,399 $157,326 $82,807 $74,519
2015 $2,340 $154,963 $81,563 $73,400
2014 $2,282 $151,928 $79,965 $71,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23138771

California Regional Multiple Listing Service (CRMLS)

APN: 053-133-05