NOT LISTED FOR SALE

Estimated Value: $3,976,000 - $4,343,000

3 Beds
2 Baths
1,911 Sq Ft
$2,185/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $3,110,000 $1,627 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $25,571/month

17 Days on Market

Highlights

  • White Water Ocean Views
  • Open Floorplan
  • Living Room with Attached Deck
  • El Morro Elementary School Rated A+
  • Cathedral Ceiling
  • No HOA

About This Home

As of October 2021

Nestled in the most exclusive section of North Laguna Beach known as “Emerald Terrace,” and surrounded by homes that are two to three times the price, one finds this stunning single-story coastal cottage residence with spectacular views of Emerald Bay and the Pacific Ocean! Situated at the end of the street, and directly adjacent to the Emerald Bay Community, this charming home truly feels like a hidden escape. The amazing views can be seen from nearly every room in the house. Only 4 minutes to Downtown Laguna Beach.

Last Agent to Sell the Property

Rachel & Doug Swardstrom Group

Coldwell Banker Realty License #01907305 Listed on: 08/14/2021

Coldwell Banker Realty

Last Buyer's Agent

Janelle File

Compass License #01952433

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,783

Year Built

  • Built in 1949

Lot Details

  • 6,050 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Panoramic

Interior Spaces

  • 1,911 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • French Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Carbon Monoxide Detectors
  • Finished Basement

Kitchen

  • Open to Family Room
  • Convection Oven
  • Gas Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Wood Patio
  • Fireplace in Patio
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Suburban Location

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Heating
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 1100
  • Assessor Parcel Number 05310302
  • $1,019 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Emerald Terrace Subdivision
  • Foothills
  • Property is near a preserve or public land

Recreation

  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,783

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: 9493024883
  • Other Phone Number: 9495730260
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Emerald Terrace (ET)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05310302
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1911.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Living Room, Patio
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1627.42
  • Room Type: Basement, Family Room, Living Room, Main Floor Master Bedroom
  • Window Features: Skylight(s)
  • Bathroom Features: Bathtub, Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Bay, Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Patio, Front Porch, Wood, Wrap Around
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Range, Ice Maker
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Foothills, Hiking, Park, Preserve/Public Land, Street Lights, Suburban

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6050.00
  • Lot Size Acres: 0.1389

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6050.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 18
  • Tax Tract Number: 1100
  • TaxOtherAnnualAssessmentAmount: 1019.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 3, 2021
Sold by
Kasaraneni Rajesh and The Bangichakri Family Trust
Bought by
Sultzer David Lee and The David Lee Sultzer 2016 Tru
Seller's Agent
Rachel & Doug Swardstrom Group
Coldwell Banker Realty
Buyer's Agent
Janelle File
Compass
List Price
$3,250,000
Sold Price
$3,110,000
Premium/Discount to List
-$140,000
-4.31%
Current Estimated Value
$4,176,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,066,320
Avg. Annual Appreciation
6.67%
Original Mortgage
$450,000
Outstanding Balance
$288,569
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,704,466

Purchase Details

Listed on
Sep 3, 2019
Closed on
Sep 18, 2019
Sold by
Us Bank Na
Bought by
Kasaraneni Rajesh and The Bangichakri Family Trust
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Mele Brobeck
Surterre Properties
List Price
$1,725,000
Sold Price
$1,801,000
Premium/Discount to List
$76,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.23%
Original Mortgage
$1,260,700
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2019
Sold by
Goldstein Ron
Bought by
U S Bank Na and Bcat 2016 18Tt

Purchase Details

Closed on
Jan 30, 2018
Sold by
Goldstein Ron
Bought by
Goldstein Ron and Innocenti Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.04%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2015
Sold by
Goldstein Ron
Bought by
Bank Of America Na

Purchase Details

Closed on
May 21, 2005
Sold by
Olsson James and Olsson Renee
Bought by
Goldstein Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2004
Sold by
Dirienzo David A and Dirienzo Amie L
Bought by
Olsson James and Olsson Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Dirienzo David A and Dirienzo Amie L
Bought by
Dirienzo David A and Dirienzo Amie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2003
Sold by
Dirienzo David A and Dirienzo Amie Curnutt
Bought by
Dirienzo David A and Dirienzo Amie L

Purchase Details

Closed on
Jun 9, 2000
Sold by
Joseph Dirienzo and Joseph Mary
Bought by
Dirienzo Joseph P and Diriezo Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,500
Interest Rate
8.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 6, 1998
Sold by
Dirienzo Joseph P and Dirienzo Mary Jane
Bought by
Dirienzo David A and Dirienzo Amie Curnutt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1998
Sold by
Plantamura Tom
Bought by
Hanson Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 21, 1998
Sold by
Hanson Suzanne L
Bought by
Dirienzo Joseph P and Dirienzo Mary Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 12, 1995
Sold by
Staunton Richard L and Staunton Anne
Bought by
Hanson Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Sultzer David Lee $3,110,000 Equity Title Orange County
Kasaraneni Rajesh $1,801,000 Fidelity National Title
U S Bank Na $1,800,000 Accommodation
Goldstein Ron -- None Available
Bank Of America Na $1,798,387 First American Title
Goldstein Ron $1,850,000 Chicago Title Co Irvine
Olsson James $1,795,000 First American Title Ins Co
Dirienzo David A -- First American Title Ins Co
Dirienzo David A -- --
Dirienzo Joseph P -- American Title Co
Dirienzo David A -- Fidelity National Title
Hanson Suzanne L -- Chicago Title Co
Dirienzo Joseph P $600,000 Chicago Title Co
Hanson Suzanne L $480,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sultzer David Lee $450,000
Previous Owner Kasaraneni Rajesh $1,260,700
Previous Owner Innocent Llc $75,000
Previous Owner Innocenti Llc $75,000
Previous Owner Goldstein Ron $725,000
Previous Owner Goldstein Ron $750,000
Previous Owner Goldstein Ron $15,500
Previous Owner Goldstein Ron $375,000
Previous Owner Goldstein Ron $275,000
Previous Owner Goldstein Ron $185,000
Previous Owner Goldstein Ron $1,480,000
Previous Owner Olsson James $350,000
Previous Owner Olsson James $1,000,000
Previous Owner Dirienzo David A $829,000
Previous Owner Dirienzo Joseph P $802,500
Previous Owner Dirienzo David A $50,000
Previous Owner Dirienzo Joseph P $488,000
Previous Owner Hanson Suzanne L $384,000
Closed Hanson Suzanne L $48,000
Closed Dirienzo Joseph P $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $3,110,000 -4.3% $1,627 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $3,250,000 +80.5% $1,701 / Sq Ft
10/11/2019 10/11/19 Sold $1,801,000 +4.4% $942 / Sq Ft
09/03/2019 09/03/19 For Sale $1,725,000 -- $903 / 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 $33,783 $3,300,356 $3,200,315 $100,041
2024 $33,783 $3,235,644 $3,137,564 $98,080
2023 $33,304 $3,172,200 $3,076,043 $96,157
2022 $32,618 $3,110,000 $3,015,728 $94,272
2021 $19,542 $1,819,658 $1,724,347 $95,311
2020 $19,629 $1,836,000 $1,736,159 $99,841
2019 $19,714 $1,800,000 $1,702,116 $97,884
2018 $19,040 $1,684,480 $1,586,596 $97,884
2017 $18,616 $1,651,451 $1,555,486 $95,965
2016 $18,227 $1,619,070 $1,524,986 $94,084
2015 $17,911 $1,594,751 $1,502,080 $92,671
2014 $17,847 $1,563,513 $1,472,657 $90,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21175835

California Regional Multiple Listing Service (CRMLS)

APN: 053-103-02