NOT LISTED FOR SALE

1973 Cortez Laguna Beach, CA 92651

Estimated Value: $2,034,608 - $2,324,000

3 Beds
2 Baths
1,707 Sq Ft
$1,309/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $1,149,000 $673 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $13,113/month

1 Day on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Top Of The World Elementary School Rated A
  • Property is near a park
  • 2-minute walk to Moulton Meadows Park

About This Home

As of August 2015

Home flippers and Investors special Fabulous Extra Large 1707 sq. ft. 3 bed 2 bath Catalina and Ocean View beach close home. Situated in Laguna Beaches best kept secret family neighborhood needs your finishing touches floors etc. save $$$ act now and pick your finishes for this fantastic family home with potential off street parking for up to 5 cars or possibly a boat or an RV in back yard with gate to street. We have complete remodel plans for a fantastic modern transformation with 3 bathrooms and 1850 sq. ft. Currently the home does need some TLC and could use update to kitchen and bathrooms, carpet has been removed. 14 ft. high vaulted ceilings with open wood beams give the home a vary spacious feeling. The floor plan is nice and open upstairs. With some planning and vision this could be your dream beach house! We can also complete the remodel and provide this as a turn key home for an additional fee.

Last Agent to Sell the Property

John Mussen

John Mussen License #01394449 Listed on: 08/26/2015

Last Buyer's Agent

John Mussen

John Mussen License #01394449 Listed on: 08/26/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,772

Year Built

  • Built in 1974

Lot Details

  • 2,614 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,707 Sq Ft Home
  • Family Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Additional Features

  • Rain Gutters
  • Property is near a park
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 27 / 59
  • Tax Tract Number 24
  • Assessor Parcel Number 64447501

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,772

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Arch Beach Heights (ABH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64447501
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1707.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 673.11
  • Room Type: Main Floor Bedroom, Master Suite

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: Back Yard, Level, Level with Street, Park Nearby, Corner Lot
  • Lot Size Sq Ft: 2614.00
  • Price Per Lot Square Foot: 439.56
  • Lot Size Acres: 0.0600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2614.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 59
  • Tax Lot: 27
  • Tax Tract Number: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2018
Sold by
Keene Karla
Bought by
Keene Karla R and Karla R Keene Revocable Trust
Current Estimated Value
$2,233,652

Purchase Details

Closed on
Sep 27, 2016
Sold by
Mussen John F
Bought by
Keene Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,126,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 26, 2015
Closed on
Aug 4, 2015
Sold by
Mtm Partners
Bought by
Mussen John F
Seller's Agent
John Mussen
John Mussen
Buyer's Agent
John Mussen
John Mussen
List Price
$1,149,000
Sold Price
$1,149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$775,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 26, 2015
Closed on
Aug 3, 2015
Sold by
Mussen Cecilia
Bought by
Mussen John F
Seller's Agent
John Mussen
John Mussen
Buyer's Agent
John Mussen
John Mussen
List Price
$1,149,000
Sold Price
$1,149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2003
Sold by
Orgill Michael G and Orgill Vicki L
Bought by
Mtm Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,933
Interest Rate
5.29%
Mortgage Type
Seller Take Back
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
Keene Karla R -- None Available
Keene Karla $1,375,000 Title 365
Mussen John F $860,000 Title365
Mussen John F -- Title 365
Mtm Partners -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keene Karla $1,126,250
Previous Owner Mussen John F $775,000
Previous Owner Mtm Partners $126,933
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $1,149,000 0.0% $673 / Sq Ft
08/26/2015 08/26/15 For Sale $1,149,000 -- $673 / 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 $16,772 $1,602,580 $1,462,842 $139,738
2024 $16,772 $1,571,157 $1,434,158 $136,999
2023 $16,690 $1,540,350 $1,406,037 $134,313
2022 $16,323 $1,510,148 $1,378,468 $131,680
2021 $16,104 $1,480,538 $1,351,439 $129,099
2020 $15,734 $1,465,357 $1,337,581 $127,776
2019 $15,576 $1,436,625 $1,311,354 $125,271
2018 $15,071 $1,402,500 $1,285,641 $116,859
2017 $14,880 $1,375,000 $1,260,432 $114,568
2016 $11,805 $1,075,000 $958,293 $116,707
2015 $8,659 $768,950 $641,768 $127,182
2014 $8,481 $753,888 $629,197 $124,691
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Mussen

    John Mussen

    Section Image

  • R

    Buyer Co-Listing Agent in 2015

    Reed Peterson

    First Team Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15188717

California Regional Multiple Listing Service (CRMLS)

APN: 644-475-01

California Orange County Laguna Beach 92651

1973 Cortez, Laguna Beach, CA

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