NOT LISTED FOR SALE

Estimated Value: $4,784,000 - $5,161,000

3 Beds
3.5 Baths
3,450 Sq Ft
$1,434/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $3,079,000 $892 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $29,025/month

14 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Deck
  • Top Of The World Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Contemporary Architecture

About This Home

As of July 2019

Panoramic ocean and coastline views surround and define this picturesque, contemporary residence, located in the Mystic Hills neighborhood high above the artist enclave of Laguna Beach. Perfectly positioned to maximize dramatic coastal and canyon views, this architecturally significant home was designed by Al Lopez and constructed with the highest quality materials by Peter McCarroll – the home contains three bedrooms and four bathrooms in 3,450 square feet. This home offers an open main-level “great room” floor plan for easy living and effortless entertaining, along with an off-entry office and primary master suite. The lower level entertainment area boasts a pool table room, bar, full secondary master suite and private guest suite. The landscaping and custom outdoor entertainment deck were designed by Roger’s Gardens and includes a built-in BBQ and pizza oven, impressive secondary kitchen, view-oriented fire pit, and water wall feature. The fully automated and thoughtful open floor plan orients all living spaces to capture views, while custom designer elements throughout showcase the contemporary artistry of fine finishes and fixtures.

Last Agent to Sell the Property

John McMonigle

Agentinc License #01123869 Listed on: 04/22/2019

Co-Listed By

Scott Lytle

Compass License #01405495

Last Buyer's Agent

Penny Pattillo

Compass License #01031073

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,521

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Private Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Canyon
  • Hills

Home Design

  • Contemporary Architecture
  • Modern Architecture

Interior Spaces

  • 3,450 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar
  • Skylights
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Freezer
  • Stone Countertops
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Home Security

  • Home Security System
  • Smart Home
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Wrap Around Porch

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 6721
  • Assessor Parcel Number 64111304

Community Details

Overview

  • No Home Owners Association
  • Mystic Hills Subdivision

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,521

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System, Smoke Detector(s)
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64111304
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3450.00 Square Feet
  • Interior Amenities: Bar, Built-in Features, Home Automation System, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 892.46
  • Room Type: Den, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Office, Walk-In Closet
  • Window Features: Double Pane Windows, Skylight(s)
  • Bathroom Features: Jetted Tub, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Stone Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, Hills, Ocean, Panoramic, Water
  • Patio And Porch Features: Concrete, Deck, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Double Oven, Freezer, Microwave, Refrigerator, Trash Compactor
  • 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, Curbs, Hiking, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System, Yard
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 16
  • Tax Tract Number: 6721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2019
Closed on
Jun 14, 2019
Sold by
Bagheri Mamad
Bought by
Gordon Gerald M and Gordon Yvonne
Seller's Agent
John McMonigle
Agentinc
Buyer's Agent
Penny Pattillo
Compass
List Price
$3,195,000
Sold Price
$3,079,000
Premium/Discount to List
-$116,000
-3.63%
Current Estimated Value
$4,946,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,867,650
Avg. Annual Appreciation
7.79%
Original Mortgage
$2,155,300
Outstanding Balance
$1,871,393
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,075,257

Purchase Details

Closed on
May 15, 2013
Sold by
Bagheri Mamad Mirza
Bought by
Bagheri Mamad and M B Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Teatum David C and Teatum Dahlia C V
Bought by
Bagheri Mamad Mirza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,694,000
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1999
Sold by
Far West Inv
Bought by
Teatum David C and Teatum Dahlia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
7.64%

Purchase Details

Closed on
Sep 12, 1997
Sold by
William Morrison
Bought by
Far West Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1995
Sold by
Gesch Roy G and Gesch Dorothy K
Bought by
Morrison William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.77%
Mortgage Type
Seller Take Back
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
Gordon Gerald M $3,079,000 Stewart Title
Bagheri Mamad -- None Available
Bagheri Mamad Mirza $2,420,000 Chicago Title Co
Teatum David C $1,220,000 Stewart Title
Far West Investments Inc $300,000 --
Morrison William -- --
Morrison William A $185,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Gerald M $2,155,300
Previous Owner Bagheri Mamad $960,000
Previous Owner Bagheri Mamad Mirza $1,694,000
Previous Owner Teatum David C $915,000
Previous Owner Far West Investments Inc $300,000
Previous Owner Morrison William A $160,000
Closed Teatum David C $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2019 07/01/19 Sold $3,079,000 -3.6% $892 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $3,195,000 -- $926 / 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 $34,521 $3,367,334 $2,178,540 $1,188,794
2024 $34,521 $3,301,308 $2,135,823 $1,165,485
2023 $34,027 $3,236,577 $2,093,944 $1,142,633
2022 $33,328 $3,173,115 $2,052,886 $1,120,229
2021 $32,631 $3,110,898 $2,012,634 $1,098,264
2020 $32,229 $3,079,000 $1,991,997 $1,087,003
2019 $30,621 $2,917,229 $1,678,176 $1,239,053
2018 $29,940 $2,860,029 $1,645,271 $1,214,758
2017 $29,333 $2,803,950 $1,613,010 $1,190,940
2016 $28,761 $2,748,971 $1,581,382 $1,167,589
2015 $28,313 $2,707,679 $1,557,628 $1,150,051
2014 $23,568 $2,242,735 $1,210,492 $1,032,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19091524

California Regional Multiple Listing Service (CRMLS)

APN: 641-113-04