NOT LISTED FOR SALE

Estimated Value: $3,019,000 - $3,897,000

3 Beds
2 Baths
1,771 Sq Ft
$1,874/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $2,905,000 $1,640 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $20,270/month

45 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Open Floorplan
  • Top Of The World Elementary School Rated A+
  • Primary Bedroom Suite
  • Main Floor Bedroom

About This Home

As of November 2023

Offering peace and tranquility overlooking the sparkling Pacific Ocean and the Laguna Village sitting just below – 1475 Coral Drive is a slice of heaven. With a rare combination of single-level living and panoramic unobstructed coastal views, this property presents a rare find. From the moment the bespoke custom front door opens, the view is front and center. The great room, anchored on one side by a stunning linear fireplace and the other with a terrific custom kitchen, opens to the incredible view through a fold-a-way wall of glass. Down the hall and through double doors, the ocean view primary suite is surprisingly grand for a home of this size – including a spacious view bath with freestanding tub and separate shower and a generous walk-in closet. Two guest bedrooms and a modern guest bath round out the floorplan, and the two car garage provides direct access to an interior mudroom space and laundry adjacent to the kitchen. A coastal view deck spans the width of the property, with unobstructed sight lines to the village and ocean. The unique shape of the parcel provides additional outdoor space on the sides of the home. Single level, top-line finishes, ocean views, and all that Laguna Beach has to offer – it doesn’t get much better than this!

Last Agent to Sell the Property

Michael Johnson

Compass License #01429647 Listed on: 08/21/2023

Compass

Co-Listed By

Megan Husri

Keller Williams Realty-Studio City License #02089901

Last Buyer's Agent

Ryan Doxey

Christie's International License #01833686

Christie's International

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Interior Spaces

  • 1,771 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Outdoor Features

  • Patio
  • Wrap Around Porch

Schools

  • Laguna Beach High School

Additional Features

  • No Interior Steps
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 5509
  • Assessor Parcel Number 64109405

Community Details

Overview

  • No Home Owners Association
  • Mystic Hills Subdivision

Recreation

  • Fishing
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.26 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64109405
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1771.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Ell, In Kitchen
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1640.32
  • Room Type: Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Remodeled, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Water
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking

Schools

  • High School: Laguna Beach
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11250.00
  • Lot Size Acres: 0.2583

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11250.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 28
  • Tax Tract Number: 5509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 27, 2023
Sold by
Alsbrook Blake C
Bought by
Walkow Todd and Chahine Lina
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Ryan Doxey
Christie's International
List Price
$3,450,000
Sold Price
$2,905,000
Premium/Discount to List
-$545,000
-15.8%
Views
227
Current Estimated Value
$3,318,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,941
Avg. Annual Appreciation
5.96%
Original Mortgage
$1,000,000
Outstanding Balance
$978,775
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$2,340,166

Purchase Details

Closed on
Jun 27, 2023
Sold by
12 Candle Properties Llc
Bought by
Makan Properties Llc

Purchase Details

Closed on
May 11, 2021
Sold by
Makran Properties Llc
Bought by
12 Candle Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2018
Closed on
Aug 22, 2018
Sold by
Goelz Ingrid Ann
Bought by
Makan Properties Llc
Seller's Agent
Rick Balzer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mohammad Noorzay
Berkshire Hathaway HomeServices California Properties
List Price
$2,475,000
Sold Price
$1,850,000
Premium/Discount to List
-$625,000
-25.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$3,000,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2015
Sold by
Mcnamara Irmgard A
Bought by
Mcnamara James E and Mcnamara Fa Fa A

Purchase Details

Closed on
Dec 11, 1996
Sold by
Mcnamara James E and Mcnamara Irmgard A
Bought by
Mcnamara James E and Mcnamara Irmgard A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walkow Todd $2,905,000 Orange Coast Title Company
Makan Properties Llc $2,013,000 California Best Title
12 Candle Properties Llc $2,800,000 Wfg National Title
Makan Properties Llc $1,850,000 California Title Co
Mcnamara James E -- None Available
Mcnamara James E -- --
Mcnamara James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walkow Todd $1,000,000
Previous Owner 12 Candle Properties Llc $840,000
Previous Owner 12 Candle Properties Llc $1,960,000
Previous Owner Makan Properties Llc $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $2,905,000 -9.1% $1,640 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $3,195,000 -7.4% $1,804 / Sq Ft
08/21/2023 08/21/23 For Sale $3,450,000 +86.5% $1,948 / Sq Ft
09/26/2018 09/26/18 Sold $1,850,000 -7.3% $1,083 / Sq Ft View Prior Sale
08/16/2018 08/16/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $1,995,000 -10.3% $1,168 / Sq Ft
06/22/2018 06/22/18 Price Changed $2,225,000 -10.1% $1,303 / Sq Ft
05/14/2018 05/14/18 For Sale $2,475,000 -- $1,449 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $30,424 $2,551,064 $2,372,490 $178,574
2024 $30,424 $2,905,000 $2,692,511 $212,489
2023 $30,752 $2,913,120 $2,721,011 $192,109
2022 $30,115 $2,856,000 $2,667,657 $188,343
2021 $20,434 $1,922,150 $1,787,042 $135,108
2020 $20,224 $1,894,720 $1,768,718 $126,002
2019 $19,776 $1,850,000 $1,734,037 $115,963
2018 $2,147 $118,453 $63,891 $54,562
2017 $2,085 $116,131 $62,638 $53,493
2016 $2,028 $113,854 $61,409 $52,445
2015 $1,905 $112,144 $60,486 $51,658
2014 $1,854 $109,948 $59,301 $50,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23156063

California Regional Multiple Listing Service (CRMLS)

APN: 641-094-05

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