2055 Catalina Laguna Beach, CA 92651
Woods Cove NeighborhoodEstimated Value: $1,848,136 - $2,421,000
3
Beds
1
Bath
1,055
Sq Ft
$2,027/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Wood Flooring
- El Morro Elementary School Rated A+
- Cathedral Ceiling
- 3-minute walk to Ruby Street Park
About This Home
As of May 2016Iconic Wood's Cove cottage with architectural details galore! This K-Rated historic home was built in 1941 and has been in the same Laguna Beach artist's family for 75 years. Situated on a corner lot with plenty of room for entertaining, the two level 3 bedroom 1 bath home enjoys ocean views on both levels. Warm and inviting curb appeal welcomes you to take in all the classic charm:covered front entry, wood siding, wood windows with heart-shaped shutters and adorable plant shelf & fresh exterior paint. The magic continues inside with original wood paneled walls, open beam ceilings and original wood floors. The upper level great room has vaulted ceilings and huge windows to enjoy dramatic ocean and Catalina Island views. Stunning Catalina sunsets from the sunny kitchen with plenty of cabinet and counter space. The upper level also includes a deck for outdoor dining or sun bathing, and a bedroom, perfect as a home office or den. Lower level includes 2 large bedrooms with updated bath and shower. Upgrades include copper plumbing and new electrical panel. Fantastic location is just blocks to the beach and village shops/ restaurants. Previously approved plan for expansion includes additional bathrooms, closets and an ocean view ground level deck.
Last Agent to Sell the Property
Seven Gables Real Estate License #01003803 Listed on: 03/31/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,609
Year Built
- Built in 1941
Lot Details
- 1,950 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- 1 Car Attached Garage
- Parking Available
- Front Facing Garage
Property Views
- Ocean
- Catalina
Home Design
- Cottage
- Raised Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
- Copper Plumbing
Interior Spaces
- 1,055 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Cathedral Ceiling
- Awning
- Wood Frame Window
- Entryway
- Great Room
- Combination Dining and Living Room
- Wood Flooring
- Laundry Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Ceramic Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- 1 Full Bathroom
Outdoor Features
- Deck
- Patio
Location
- Suburban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 6 / 6
- Tax Tract Number 42
- Assessor Parcel Number 64428414
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 2, 2016
Sold by
Ralston Nick C
Bought by
Ralston Nick C and Nick C Ralston Trust
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Mar 31, 2016
Closed on
Apr 15, 2016
Sold by
Overman Laurel and Salant Steven
Bought by
Ralston Nick C
Seller's Agent
Scott Sackin
Seven Gables Real Estate
Buyer's Agent
Heidi Cleveland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$1,299,000
Sold Price
$1,299,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$675,000
Interest Rate
3.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2007
Sold by
Hoegerman Fay A and Mitchell Lois A
Bought by
Overman Laurel and Salant Steven
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2004
Sold by
Hoegerman Fay
Bought by
Hoegerman Fay A and Fay A Hoegerman Trust
Similar Homes in Laguna Beach, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ralston Nick C | -- | None Available | |
| Ralston Nick C | $1,299,000 | Ticor Title Company | |
| Overman Laurel | -- | Commonwealth Land Title Co | |
| Hoegerman Fay A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ralston Nick C | $495,000 | |
| Closed | Ralston Nick C | $495,000 | |
| Closed | Ralston Nick C | $620,000 | |
| Closed | Ralston Nick C | $250,000 | |
| Closed | Ralston Nick C | $100,000 | |
| Closed | Ralston Nick C | $675,000 | |
| Previous Owner | Overman Laurel | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/11/2016 05/11/16 | Sold | $1,299,000 | 0.0% | $1,231 / Sq Ft |
| 04/14/2016 04/14/16 | Pending | -- | -- | -- |
| 03/31/2016 03/31/16 | For Sale | $1,299,000 | -- | $1,231 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,609 | $265,119 | $51,761 | $213,358 |
| 2023 | $3,822 | $259,921 | $50,746 | $209,175 |
| 2022 | $3,689 | $254,825 | $49,751 | $205,074 |
| 2021 | $3,558 | $249,829 | $48,776 | $201,053 |
| 2020 | $4,488 | $247,268 | $48,276 | $198,992 |
| 2019 | $4,564 | $242,420 | $47,329 | $195,091 |
| 2018 | $4,482 | $237,667 | $46,401 | $191,266 |
| 2017 | $4,389 | $233,007 | $45,491 | $187,516 |
| 2016 | $12,497 | $1,026,361 | $988,060 | $38,301 |
| 2015 | $12,189 | $1,010,945 | $973,219 | $37,726 |
| 2014 | $9,969 | $900,000 | $864,788 | $35,212 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Sackin
Seller's Agent in 2016
Scott Sackin
Seven Gables Real Estate
(714) 717-8911
89 Total Sales
-
Heidi Cleveland
H
Buyer's Agent in 2016
Heidi Cleveland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 371-4333
3 in this area
29 Total Sales
-
Buyer Co-Listing Agent in 2016
Frank Hufnagel
Surterre Properties
(949) 464-3200
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16065716
APN: 644-284-14
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