NOT LISTED FOR SALE

1975 Ocean Way Laguna Beach, CA 92651

Woods Cove Neighborhood

Estimated Value: $6,477,000 - $13,661,111

6 Beds
8 Baths
5,615 Sq Ft
$1,793/Sq Ft Est. Value

About This Home

This home is located at 1975 Ocean Way, Laguna Beach, CA 92651 and is currently estimated at $10,069,056, approximately $1,793 per square foot. 1975 Ocean Way is a home located in Orange County with nearby schools including Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2011
Sold by
Ocean Way Investments Llc
Bought by
Woods Cove Llc
Current Estimated Value
$10,069,056

Purchase Details

Closed on
Jul 7, 2006
Sold by
Verdon Jeffrey and Verdon Wendy H
Bought by
Ocean Way Investments Llc

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
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 5, 2006
Sold by
Ocean Way Investments Llc
Bought by
Verdon Jeffrey and Verdon Wendy H

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
6.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 11, 2005
Sold by
Verdon Jeffrey and Verdon Wendy
Bought by
Ocean Way Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2004
Sold by
Ashdam Group Llc
Bought by
Ocean Way Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
1.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2004
Sold by
Ashdam Group Llc
Bought by
Verdon Jeffrey and Verdon Wendy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
1.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
Verdon Wendy
Bought by
Ashdam Group Llc

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
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 18, 2003
Sold by
Ashdam Group Llc
Bought by
Verdon Jeffrey and Verdon Wendy

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
5.97%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 15, 2003
Sold by
Schaeffer Karren J
Bought by
Ashdam Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 9, 2003
Sold by
Verdon Wendy H
Bought by
Schaeffer Karren J and Southpac Trust International Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 18, 2003
Sold by
Benon Joseph and Benon Roselyn
Bought by
Verdon Jeffrey and Verdon Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2002
Sold by
Hasson Ted and Hasson Pearle
Bought by
Benon Morris and Morris Benon Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2001
Sold by
Benon Morris
Bought by
Benon Morris and The Morris Benon Family Trust

Purchase Details

Closed on
Jun 11, 1998
Sold by
Benon Susan A
Bought by
Benon Susan A and Susan A Benon Trust

Purchase Details

Closed on
Oct 14, 1996
Sold by
Hasson Pearle
Bought by
Hasson Ted and Hasson Pearle
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Woods Cove Llc $10,500,000 California Title Company
Ocean Way Investments Llc -- None Available
Verdon Jeffrey -- Chicago Title Co
Ocean Way Investments Llc -- --
Verdon Jeffrey -- --
Ocean Way Investments Llc -- --
Ashdam Group Llc -- --
Verdon Wendy -- --
Verdon Jeffrey -- Old Republic Title Company
Ashdam Group Llc -- --
Verdon Jeffrey -- Southland Title
Ashdam Group Llc -- --
Schaeffer Karren J -- --
Verdon Wendy H -- --
Verdon Jeffrey -- First American Title Co
Benon Morris -- First American Title Co
Benon Morris -- --
Benon Susan A -- --
Hasson Ted -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verdon Jeffrey $1,000,000
Previous Owner Verdon Jeffrey $7,000,000
Previous Owner Verdon Jeffrey $5,000,000
Previous Owner Verdon Jeffrey $1,000,000
Previous Owner Verdon Jeffrey $3,150,000
Previous Owner Benon Morris $308,000
Source: Public Records

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 $162,281 $16,057,973 $13,001,322 $3,056,651
2024 $162,281 $15,743,111 $12,746,394 $2,996,717
2023 $159,162 $15,434,423 $12,496,465 $2,937,958
2022 $156,039 $15,131,788 $12,251,437 $2,880,351
2021 $152,917 $14,835,087 $12,011,213 $2,823,874
2020 $151,191 $14,682,972 $11,888,053 $2,794,919
2019 $148,538 $14,395,071 $11,654,954 $2,740,117
2018 $145,616 $14,112,815 $11,426,425 $2,686,390
2017 $142,716 $13,836,094 $11,202,378 $2,633,716
2016 $139,987 $13,564,799 $10,982,724 $2,582,075
2015 $137,867 $13,361,044 $10,817,754 $2,543,290
2014 $135,223 $13,099,320 $10,605,849 $2,493,471
Source: Public Records

Map

California Orange County Laguna Beach 92651 Woods Cove

1975 Ocean Way, Laguna Beach, CA

This home is located at 1975 Ocean Way, Laguna Beach, CA 92651 and is currently estimated at $10,069,056, approximately $1,793 per square foot. 1975 Ocean Way is a home located in Orange County with nearby schools including Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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