NOT LISTED FOR SALE

Estimated Value: $8,598,000 - $9,364,294

5 Beds
4.5 Baths
4,215 Sq Ft
$2,157/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $6,745,000 $1,600 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $54,583/month

10 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Ocean Side of Highway 1
  • Top Of The World Elementary School Rated A
  • Home Theater
  • 4-minute walk to Ruby Street Park

About This Home

As of September 2020

Prime location and truly extraordinary Laguna Beach Coastal Home. This is a very rare offering by any standard. Completely turn-key in the heart of Woods Cove on famed Ocean Way. Positioned "high above" neighboring homes on an oversized view parcel, offering astounding, awe-inspiring views for as far as the eye can see. Quality finishes and designer touches at every turn. The intimate ambiance is richly enhanced by a soothing palate of neutral colors in combination with timeless and spectacular architecture. Comfort, ease and uncompromising luxury. Components of the home include the finest in materials. The Chef’s grade open-concept kitchen is designed with entertaining in mind, opening to a spacious living room and outdoor living/dining space. Beautifully landscaped grounds can be enjoyed in the serene backyard, a rare feature seen on the ocean side of Coast Highway. The highest level of the home is a completely dedicated master level suite with views that must be seen to be believed. The first level consists of four spacious bedrooms and a fifth room that serves as a media/bonus room. Finally, the street level features a 1,200 sq ft, 4 car garage with plenty of space for vehicles and all the toys and accessories needed to enjoy the ultimate beach lifestyle. This is a true home in every sense of the word and an absolute must see!

Last Agent to Sell the Property

Spencer Wall

Pacific Sotheby’s International Realty License #01840729 Listed on: 08/03/2020

Pacific Sotheby’s International Realty

Last Buyer's Agent

Andrea Ballesteros

Coldwell Banker Realty License #01246320

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,639

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Spanish Architecture
  • Turnkey
  • Flat Roof Shape
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 4,215 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Recessed Lighting
  • Blinds
  • Wood Frame Window
  • Formal Entry
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Bonus Room
  • Storage
  • Laundry Room
  • Home Gym
  • Stone Flooring
  • Home Security System

Kitchen

  • Dumbwaiter
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Deck
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Terrace

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 9
  • Tax Tract Number 23
  • Assessor Parcel Number 64427508

Community Details

Overview

  • No Home Owners Association
  • Woods Cove Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,639

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64427508
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4215.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Dumbwaiter, Recessed Lighting, Storage
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, Separated
  • Fireplace Features: Living Room, Master Bedroom, Master Retreat, Outside
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1600.24
  • Room Type: Bonus Room, Exercise Room, Formal Entry, Foyer, Laundry, Living Room, Media Room
  • Window Features: Blinds, Wood Frames
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Quartz Counters, Stone Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Deck, Patio, Patio Open, Stone, Terrace
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door, Oversized, Private
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • 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: Watersports, Sidewalks

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: 0-1 Unit/Acre, Back Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 626.20
  • Tax Lot: 10
  • Tax Tract Number: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
1772 Ocean Way Llc
Bought by
1772 Ocean Way Llc
Current Estimated Value
$9,090,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,596,069
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$4,995,006

Purchase Details

Listed on
Aug 3, 2020
Closed on
Aug 21, 2020
Sold by
Terrile James and Terrile Terevessa M
Bought by
1772 Ocean Way Llc
Seller's Agent
Spencer Wall
Pacific Sotheby’s International Realty
Buyer's Agent
Andrea Ballesteros
Coldwell Banker Realty
List Price
$6,875,000
Sold Price
$6,745,000
Premium/Discount to List
-$130,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%

Purchase Details

Listed on
Sep 1, 2012
Closed on
Sep 11, 2012
Sold by
Jones Maria Ysabel
Bought by
Terrile James and Terrile Trevessa M
Seller's Agent
James Ardery
Compass
Buyer's Agent
Deborah Lambros
Berkshire Hathaway HomeServices California Properties
List Price
$4,295,000
Sold Price
$3,950,000
Premium/Discount to List
-$345,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$500,000
Interest Rate
3.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2003
Sold by
Jones Maria Ysabel
Bought by
Jones Maria Ysabel

Purchase Details

Closed on
Feb 14, 2003
Sold by
Jones Gregory Scott
Bought by
Jones Maria Ysabel

Purchase Details

Closed on
Jul 29, 1996
Sold by
Soffa Carlson Geraldine K
Bought by
Carlson Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,400
Interest Rate
2.82%

Purchase Details

Closed on
Jun 29, 1996
Sold by
Lynn Sullivan Cheryl and Lynn Ronald A
Bought by
Jones Gregory Scott and Jones Maria Ysabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,400
Interest Rate
2.82%
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
1772 Ocean Way Llc -- First American Title Company
1772 Ocean Way Llc $6,745,000 First American Title Company
Terrile James $3,950,000 Chicago Title Company
Jones Maria Ysabel -- --
Jones Maria Ysabel -- --
Carlson Ronald A -- Chicago Title
Sullivan Cheryl Lynn -- Chicago Title Co
Carlson Ronald A -- Chicago Title
Jones Gregory Scott $688,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1772 Ocean Way Llc $4,000,000
Previous Owner Terrile James $1,600,000
Previous Owner Jones Gregory Scott $550,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $6,745,000 -1.9% $1,600 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $6,875,000 +74.1% $1,631 / Sq Ft
10/29/2012 10/29/12 Sold $3,950,000 -8.0% $790 / Sq Ft
09/01/2012 09/01/12 For Sale $4,295,000 -- $859 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
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 $76,639 $7,301,003 $6,231,202 $1,069,801
2024 $76,639 $7,157,847 $6,109,022 $1,048,825
2023 $75,765 $7,017,498 $5,989,238 $1,028,260
2022 $74,123 $6,879,900 $5,871,801 $1,008,099
2021 $72,491 $6,745,000 $5,756,667 $988,333
2020 $48,919 $4,447,637 $3,455,346 $992,291
2019 $48,456 $4,360,429 $3,387,594 $972,835
2018 $48,030 $4,274,931 $3,321,171 $953,760
2017 $46,977 $4,191,109 $3,256,050 $935,059
2016 $45,995 $4,108,931 $3,192,206 $916,725
2015 $45,282 $4,047,212 $3,144,257 $902,955
2014 $44,682 $3,967,933 $3,082,665 $885,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20155222

California Regional Multiple Listing Service (CRMLS)

APN: 644-275-08