NOT LISTED FOR SALE

Estimated Value: $4,371,821 - $5,155,000

5 Beds
4 Baths
3,674 Sq Ft
$1,319/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $3,400,800 $926 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $28,632/month

72 Days on Market

Highlights

  • Ocean View
  • Solar Power System
  • Open Floorplan
  • Top Of The World Elementary School Rated A
  • All Bedrooms Downstairs
  • Main Floor Bedroom

About This Home

As of February 2023

Enjoy Stunning Sunsets with Ocean and Canyon Views! Welcome to 1521 Caribbean Way, located in the highly esteemed neighborhood of Mystic Hills. This gorgeous contemporary home has lots of modern architectural flair, designed to take advantage of the sweeping views and features a spacious and open floor plan. The entry to the home is located on the second floor, with an expansive living room with fireplace and built-in entertainment center, a wrap-around deck perfect for 3 season dining and entertaining, a spacious study with built-in desk and wall-unit w/murphy bed currently being used as an office, a guest bathroom with shower, and dining area adjacent to the kitchen. The chef’s kitchen has a massive counter island with restaurant grade appliances and a breakfast nook that takes advantage of some of the best views Laguna Beach has to offer. Downstairs you’ll find 4 bedrooms, with a guest bathroom and en-suite bedroom as well as the primary bedroom suite, a roomy retreat with a huge walk-in closet, dual vanity sinks, oversized jetted soaking tub and walk-in shower. Additionally you’ll also find the oversized laundry room, a storage room and covered patio underneath the deck, running the distance of the outside exterior. Other features to the property include a 3 car garage with built-in storage, an elevator accessing both floors, a solar system, coastal drought tolerant landscape design with irrigation system and mature fruit trees. Enjoy all the benefits of living in Laguna Beach; boutique shopping, world-class dining, spectacular hiking trails, top performing schools and of course some of the most beautiful beaches in the world.

Last Agent to Sell the Property

Krystal Lampignano

First Team Real Estate License #01920192 Listed on: 12/05/2022

First Team Real Estate

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

None MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,222

Year Built

  • Built in 2000

Lot Details

  • 7,600 Sq Ft Lot
  • Wrought Iron Fence
  • Landscaped

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Canyon
  • Hills

Home Design

  • Tile Roof

Interior Spaces

  • 3,674 Sq Ft Home
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Home Office
  • Storage
  • Laundry Room
  • Utility Room
  • Tile Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Outdoor Features

  • Balcony
  • Tile Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • Suburban Location

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 5509
  • Assessor Parcel Number 64109205
  • $1,096 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mystic Hills Subdivision

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,222

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Security System
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64109205
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3674.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s), Elevator, Granite Counters, Living Room Deck Attached, Open Floorplan, Storage, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 925.64
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Office, Utility Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Jetted Tub, Linen Closet/Storage, Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Soaking Tub, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Utility Sink

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Canyon, Catalina, Coastline, Hills, Ocean, Panoramic
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Deck, Tile
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Sidewalks, Street Lights, Suburban

Schools

  • School District: Laguna Beach Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 7600.00
  • Lot Size Acres: 0.1745

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7600.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 49
  • Tax Tract Number: 5509
  • TaxOtherAnnualAssessmentAmount: 1096.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Jan 30, 2023
Sold by
Mouradick James C and Harper-Mou Carol
Bought by
M Mostofi Family Trust
Seller's Agent
Krystal Lampignano
First Team Real Estate
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$3,800,000
Sold Price
$3,400,800
Premium/Discount to List
-$399,200
-10.51%
Views
77
Current Estimated Value
$4,845,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,444,405
Avg. Annual Appreciation
14.18%
Original Mortgage
$2,720,640
Outstanding Balance
$2,637,563
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$2,207,642

Purchase Details

Closed on
Nov 9, 2020
Sold by
Mouradick James Cy and Harper Mouradick Carol
Bought by
Mouradick James C and Harper Mouradick Carol

Purchase Details

Closed on
Mar 27, 2016
Sold by
Mouradick James Cy
Bought by
Mouradick James Cy and Harper Mouradick Carol

Purchase Details

Closed on
Dec 19, 2011
Sold by
Harper Mouradick Carol K
Bought by
Mouradick James Cy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,707,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2011
Sold by
Harper Mouradick Carol K
Bought by
Mouradick James Cy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2006
Sold by
Harper Mouradick Carol Katherine
Bought by
Mouradick James Cy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2006
Sold by
Marolf Jeff and Marolf Karla
Bought by
Mouradick James Cy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Subbiondo Blaise J and Lombard Antonia M
Bought by
Marolf Jeff and Marolf Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2001
Sold by
Flynn Michael T
Bought by
Subbiondo Blaise J and Lombard Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 1998
Sold by
Khosaravi Ahmad and Khosravi Fariba Azizpour
Bought by
Subbiondo Blaise J and Lombard Antonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 21, 1996
Sold by
Brekke John H and Brekke Mary A
Bought by
Khosravi Ahmad and Khosravi Fariba Azizpour

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,650
Interest Rate
7.53%
Source: Public Records

Range of Values:

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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
M Mostofi Family Trust $3,401,000 Western Resources
Mouradick James C -- None Available
Mouradick James Cy -- None Available
Mouradick James Cy -- None Available
Mouradick James Cy -- Wfg Title Ins Co
Mouradick James Cy -- Chicago Title Co
Mouradick James Cy $2,450,000 Chicago Title Co
Marolf Jeff $1,660,000 First American Title Co
Subbiondo Blaise J $540,000 First American Title Co
Subbiondo Blaise J $309,000 First American Title Ins Co
Khosravi Ahmad $179,500 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open M Mostofi Family Trust $2,720,640
Previous Owner Mouradick James Cy $1,707,500
Previous Owner Mouradick James Cy $1,720,000
Previous Owner Mouradick James Cy $1,800,000
Previous Owner Marolf Jeff $900,000
Previous Owner Subbiondo Blaise J $350,000
Previous Owner Subbiondo Blaise J $675,000
Previous Owner Khosravi Ahmad $125,650
Closed Marolf Jeff $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $3,400,800 -5.5% $926 / Sq Ft
01/16/2023 01/16/23 Price Changed $3,600,000 -5.3% $980 / Sq Ft
12/05/2022 12/05/22 For Sale $3,800,000 -- $1,034 / 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 $36,222 $3,538,192 $2,340,387 $1,197,805
2024 $36,222 $3,468,816 $2,294,497 $1,174,319
2023 $4,663 $335,995 $110,888 $225,107
2022 $4,444 $329,407 $108,713 $220,694
2021 $4,299 $322,949 $106,582 $216,367
2020 $4,188 $319,638 $105,489 $214,149
2019 $4,090 $313,371 $103,421 $209,950
2018 $3,995 $307,227 $101,393 $205,834
2017 $3,895 $301,203 $99,404 $201,799
2016 $3,802 $295,298 $97,455 $197,843
2015 $3,723 $290,863 $95,991 $194,872
2014 $3,638 $285,166 $94,111 $191,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22250805

California Regional Multiple Listing Service (CRMLS)

APN: 641-092-05