NOT LISTED FOR SALE

Estimated Value: $5,264,000 - $5,536,000

4 Beds
5 Baths
3,598 Sq Ft
$1,491/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $3,550,000 $987 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $31,505/month

95 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Top Of The World Elementary School Rated A
  • Contemporary Architecture
  • High Ceiling

About This Home

As of January 2021

Recently remodeled in 2018, this Laguna Beach home boasts breathtaking panoramic views. The glass entryway leads into the dramatic great room with 15 foot ceilings and an open floor plan that receives abundant natural light from the floor-to-ceiling windows. Experience the epitome of Southern California lifestyle with the indoor/outdoor flow from the great room to the expansive deck with ocean views perfect for entertainment and relaxation. The grand chef's kitchen is connected to the deck to enjoy dining al fresco and completed with high-end appliances and quartz countertops. In addition to the 3 spacious bedrooms, the luxurious master suite competes with 5 star hotels. Just outside the downstairs bedrooms, find a separate, cozy family room. This home sits on a quiet street-to-street lot in Mystic Hills just minutes from the village with boutique shopping, fine dining restaurants and the stunning beaches.

Last Agent to Sell the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 09/01/2020

Christie's International Real Estate SoCal

Co-Listed By

Jessica Gannon

Real Broker License #02029373

Last Buyer's Agent

Ramin Ghazi

License #01363193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,254

Year Built

  • Built in 2017 | Remodeled

Lot Details

  • 7,600 Sq Ft Lot
  • Lot Dimensions are 76x100

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,598 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Tile Flooring
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 641-092-08

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,254

Year Built

Built in 2017 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3598
  • Lot Acreage: 0.1745
  • Lot Dimensions: 76x100
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Washer, Dryer, Refrigerator, Range/Oven
  • Price Per S Q F T: 1054.75
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Fire Sprinklers, Carbon Monoxide Detector(s), Prewired for alarm system, Fire and Smoke Detection System
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 641-092-08
  • Lot Size Area: 7600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 19, 2020
Sold by
Bacon Todd W and Bacon Elizabeth
Bought by
Bakhtiary Nima
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Ramin Ghazi
List Price
$3,895,000
Sold Price
$3,550,000
Premium/Discount to List
-$345,000
-8.86%
Current Estimated Value
$5,112,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,562,216
Avg. Annual Appreciation
8.05%
Original Mortgage
$2,485,000
Outstanding Balance
$2,242,759
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$2,818,453

Purchase Details

Closed on
Jan 22, 2019
Sold by
Mcfadden Timothy D
Bought by
Bacon Todd W and Bacon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2016
Sold by
Tachet Russell Antoinette and Mac Intyre Denise Georgette
Bought by
Mcfadden Timothy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,218,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bakhtiary Nima $3,550,000 Western Resources Title Co
Bacon Todd W $3,570,000 California Title Company
Mcfadden Timothy D $1,750,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakhtiary Nima $2,485,000
Previous Owner Bacon Todd W $600,000
Previous Owner Bacon Todd W $2,000,000
Previous Owner Bacon Todd W $200,000
Previous Owner Mcfadden Timothy D $200,000
Previous Owner Mcfadden Timothy D $1,218,000
Previous Owner Mcfadden Timothy D $1,218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $3,550,000 -6.5% $987 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
10/27/2020 10/27/20 Price Changed $3,795,000 -2.6% $1,055 / Sq Ft
09/01/2020 09/01/20 For Sale $3,895,000 +7.4% $1,083 / Sq Ft
03/25/2019 03/25/19 Sold $3,625,000 -1.9% $1,008 / Sq Ft
02/09/2019 02/09/19 For Sale $3,695,000 +1.9% $1,027 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
01/20/2019 01/20/19 Off Market $3,625,000 -- --
12/12/2018 12/12/18 Price Changed $3,695,000 -7.4% $1,027 / Sq Ft
10/15/2018 10/15/18 For Sale $3,989,000 +127.9% $1,109 / Sq Ft
07/22/2016 07/22/16 Sold $1,750,000 +0.6% $851 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $1,740,000 -- $846 / 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 $39,254 $3,767,288 $2,659,942 $1,107,346
2023 $38,652 $3,693,420 $2,607,786 $1,085,634
2022 $37,866 $3,621,000 $2,556,652 $1,064,348
2021 $38,391 $3,679,124 $2,611,237 $1,067,887
2020 $37,929 $3,641,400 $2,584,462 $1,056,938
2019 $23,458 $2,225,332 $1,316,244 $909,088
2018 $22,053 $2,089,482 $1,290,436 $799,046
2017 $18,571 $1,750,000 $1,265,134 $484,866
2016 $6,513 $554,762 $348,121 $206,641
2015 $2,143 $128,573 $57,185 $71,388
2014 $2,089 $126,055 $56,065 $69,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-626708

The MLS

APN: 641-092-08