NOT LISTED FOR SALE

Estimated Value: $5,123,875

1 Bed
3 Baths
1,121 Sq Ft
$4,571/Sq Ft Est. Value

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • Breakfast Bar
  • El Morro Elementary School Rated A+
  • No HOA
  • 1-minute walk to Heisler Park

About This Home

As of April 2017

A wonderful Laguna Beach cottage, steps to Heisler Park. This oceanfront park has walking trails, gardens, a marine refuge with tide pools, picnic tables, barbeques, lawn bowling greens and also beach access. The cottage features one bedroom with one full bath. There are two other three-quarter bathrooms plus a den. A stackable washer and dryer in the kitchen area. The breakfast bar is open to the nice and light living room facing Jasmine.

Last Agent to Rent the Property

Aaron Valenty

Berkshire Hathaway HomeService License #01509292 Listed on: 01/25/2017

Berkshire Hathaway HomeService

Co-Listed By

Mark Simon

Berkshire Hathaway Homeservice License #00816134

Last Renter's Agent

DEBBIE MATTICE

HOMESMART EXECUTIVES License #01343482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,335

Year Built

  • Built in 1931

Lot Details

  • 5,227 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,121 Sq Ft Home
  • Living Room with Fireplace
  • Den with Fireplace

Kitchen

  • Breakfast Bar
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/30/17
  • Tax Lot 0500
  • Tax Tract Number 412
  • Assessor Parcel Number 49608201

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,335

Year Built

Built in 1931

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2017-01-30
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 1000
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 49608201
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1121.00 Square Feet
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Bath, Den, Kitchen, Living Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.50
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • View: Ocean, Park/Greenbelt, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5227.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 0500
  • Tax Tract Number: 412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2017
Sold by
353 369 North Coast Hwy Llc
Bought by
Heisler Laguna Llc
Current Estimated Value
$5,123,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 5, 2016
Sold by
353 & 369 North Coast Hwy Llc
Bought by
353 & 369 North Coast Hwy Llc

Purchase Details

Closed on
Nov 18, 2015
Sold by
Arch Partners Llc
Bought by
353 & 369 N Coast Llc

Purchase Details

Closed on
Mar 17, 2011
Sold by
Mortazani Moses
Bought by
Argh Partners Llc

Purchase Details

Closed on
Apr 23, 2003
Sold by
Thompson Ted Nolan and Thompson Loretta L
Bought by
Mortazavi Moses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,400
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 1993
Sold by
Thompson Ted Nolan and Thompson Loretta L
Bought by
Thompson Ted Nolan and Thompson Loretta L
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
Heisler Laguna Llc -- Chicago Title Company
353 & 369 North Coast Hwy Llc -- Chicago Title Company
353 & 369 N Coast Llc $3,000,000 California Title Company
Argh Partners Llc -- None Available
Mortazavi Moses $1,229,000 First American Title Ins Co
Thompson Ted Nolan -- First American Title Ins Co
Thompson Ted Nolan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laguna Festival Center Llc $1,165,000
Open Retreat At Laguna Villas Llc $175,000,000
Closed Heisler Laguna Llc $16,971
Closed Heisler Laguna Llc $195,500,000
Closed Heisler Laguna Llc $69,000,000
Closed Heisler Laguna Llc $60,000,000
Previous Owner Mortazavi Moses $1,210,000
Previous Owner Mortazavi Moses $737,400
Closed Mortazavi Moses $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Rented $2,800 -20.0% --
01/25/2017 01/25/17 For Rent $3,500 -- --
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 $36,335 $3,551,390 $3,018,685 $532,705
2024 $36,335 $3,481,755 $2,959,495 $522,260
2023 $36,057 $3,413,486 $2,901,466 $512,020
2022 $34,772 $3,346,555 $2,844,574 $501,981
2021 $35,349 $3,280,937 $2,788,798 $492,139
2020 $35,854 $3,247,296 $2,760,203 $487,093
2019 $34,117 $3,183,624 $2,706,081 $477,543
2018 $33,146 $3,121,200 $2,653,020 $468,180
2017 $31,868 $3,060,000 $2,601,000 $459,000
2016 $16,212 $1,503,639 $1,052,185 $451,454
2015 $16,245 $1,481,053 $1,036,380 $444,673
2014 $15,522 $1,452,042 $1,016,079 $435,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17012633

California Regional Multiple Listing Service (CRMLS)

APN: 496-082-01