NOT LISTED FOR SALE

Estimated Value: $2,354,485 - $3,524,000

2 Beds
1 Bath
1,028 Sq Ft
$2,716/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $1,695,000 $1,649 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $16,183/month

3 Days on Market

Highlights

  • Ocean View
  • Multi-Level Bedroom
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of April 2018

North Laguna Beach original beach cottage, one of the few remaining with upgrade potential to rebuild the existing eclectic flare “as built” . Like many other cottage homes in this area, some registered on the historical society list for preservation, this particular home was owned by the current seller since 1985 in its original condition. This home is not listed at this time on that historical list due in part to the changes and modifications over the years. However, City of Laguna Beach recognizes this beach cottage “as built” therefore recorded sizes and lot dimensions are inaccurate per PPM drawings to be provided to perspective customers. Can be upgraded and brought to current codes with possible expansion of master bedroom with the right vision and investment. Price is relative to other comparable lot sizes and square footage of other sales taking into consideration overall original charm and “as is” condition. Opinion of value is above 2M completed. Home is better suited for remodel than rebuild whereas City will only allow the maximum for this lot of approximately 1500sqft. With 2 car garage. Today it is “as built” 2146 sqft officially measured by PPM on an approximately 3562 sqft lot per plat maps. Highest and best opportunity is remodel or existing structure with options to extend master suite. A rare and fantastic find with rooftop ocean view and absolutely irreplaceable history of ole Laguna Art Colony living.

Last Agent to Sell the Property

Gina Perry

Tom Iovenitti License #01273803 Listed on: 02/02/2018

Last Buyer's Agent

Tom Iovenitti

Tom Iovenitti, Broker License #01065764

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 2,375 Sq Ft Lot
  • Lot Dimensions are 47.5 x 75
  • Fenced
  • Needs Fence Repair
  • Private Yard
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Cottage
  • Bungalow
  • Entry on the 1st floor
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1,028 Sq Ft Home
  • 2-Story Property
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Wood Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Primary Bedroom on Main
  • Multi-Level Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 413
  • Assessor Parcel Number 49617127

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Bungalow, Cottage
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49617127
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1028.00 Square Feet
  • Interior Amenities: Balcony, Brick Walls, Cathedral Ceiling(s)
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room, Masonry
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1648.83
  • Room Type: Family Room, Loft, Main Floor Master Bedroom, Multi-Level Bedroom
  • Bathroom Features: Bathtub, Walk-In Shower

Exterior Features

  • Foundation: Pillar/Post/Pier
  • View: Ocean, Water
  • Fence: Yes
  • Fencing: Needs Repair
  • Pool Private: No
  • Roof: Shake
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Water Heater
  • Electric: Standard
  • Heating Type: Natural Gas, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size: 47.5 x 75
  • Lot Size Sq Ft: 2375.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 14
  • Tax Tract Number: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2023
Sold by
Fucile Salvatore and Fucile Stacey
Bought by
Fucile Family Living Trust and Fucile
Current Estimated Value
$2,792,371

Purchase Details

Closed on
Feb 9, 2018
Sold by
Armstorng Ronald K and Armstorng Nancy L
Bought by
Fucile Tony and Fucile Stacey

Purchase Details

Closed on
Feb 24, 1999
Sold by
Kent Armstrong Ronald and Kent Nancy L
Bought by
Armstrong Ronald K and Armstrong Nancy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fucile Family Living Trust -- None Listed On Document
Fucile Tony $1,695,000 Ticor Title
Armstrong Ronald K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2018 04/17/18 Sold $1,695,000 0.0% $1,649 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $1,695,000 -- $1,649 / 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 $20,193 $1,928,618 $1,870,941 $57,677
2024 $20,193 $1,890,802 $1,834,255 $56,547
2023 $20,028 $1,853,728 $1,798,289 $55,439
2022 $20,654 $1,817,381 $1,763,029 $54,352
2021 $21,220 $1,781,747 $1,728,460 $53,287
2020 $20,801 $1,763,478 $1,710,737 $52,741
2019 $20,521 $1,728,900 $1,677,193 $51,707
2018 $7,800 $483,870 $428,225 $55,645
2017 $7,679 $474,383 $419,829 $54,554
2016 $7,375 $465,082 $411,597 $53,485
2015 $7,302 $458,097 $405,415 $52,682
2014 $7,014 $449,124 $397,473 $51,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18023381

California Regional Multiple Listing Service (CRMLS)

APN: 496-171-27