NOT LISTED FOR SALE

Estimated Value: $4,585,000 - $7,193,000

3 Beds
2 Baths
1,194 Sq Ft
$5,088/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $1,849,000 $1,549 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $35,237/month

5 Days on Market

Highlights

  • Ocean View
  • Traditional Architecture
  • Covered Patio or Porch
  • El Morro Elementary School Rated A+
  • No HOA
  • Bathtub

About This Home

As of August 2017

Arguably one of the finest ocean view lots in the Driftwood Estates neighborhood with over 150 feet of panoramic, ocean view frontage. In the same family for decades this modest, single level, 3 bedroom, 2 bathroom home sits on an enormous 9,288 square foot FLAT lot. The property needs a lot of TLC but the opportunities are endless. Panoramic ocean views, steps to the beach with a large, flat, buildable lot make this the perfect opportunity for an owner user or investor. All utilities have been under-grounded and paid for. Property sold as-is in it's current condition. 3rd bedroom currently being used as a den.

Last Agent to Sell the Property

Mike McKibben

Arbor Real Estate License #01414934 Listed on: 07/21/2017

Arbor Real Estate

Last Buyer's Agent

Steve Celotto

Coldwell Banker Realty License #00628584

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,955

Year Built

  • Built in 1953

Lot Details

  • 9,288 Sq Ft Lot
  • Southwest Facing Home

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Electric Range
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Additional Features

  • Suburban Location
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 1616
  • Assessor Parcel Number 65621201

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,955

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Ocean Vista Custom (OV)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65621201
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1194.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Gas Starter, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1548.58
  • Room Type: All Bedrooms Down, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Catalina, Ocean, Panoramic, Water
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Storm Drains, Street Lights, Suburban

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9288.00

Multi Family

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

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 48
  • Tax Tract Number: 1616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 1, 2017
Sold by
Burrow Judith B
Bought by
Welch Timothy M and Welch Audrey K
Seller's Agent
Mike McKibben
Arbor Real Estate
Buyer's Agent
Steve Celotto
Coldwell Banker Realty
List Price
$1,849,000
Sold Price
$1,849,000
Current Estimated Value
$6,075,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,226,290
Avg. Annual Appreciation
16.03%

Purchase Details

Closed on
Aug 4, 2000
Sold by
Anderson Beatrice M
Bought by
Anderson Beatrice M and The Beatrice M Anderson Trust
Source: Public Records

Range of Values:

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Average Value
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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
Welch Timothy M $1,849,000 Chicago Title Co
Anderson Beatrice M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $1,849,000 0.0% $1,549 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $1,849,000 -- $1,549 / 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 $35,955 $3,367,539 $2,045,117 $1,322,422
2024 $35,955 $3,301,509 $2,005,016 $1,296,493
2023 $34,984 $3,236,774 $1,965,702 $1,271,072
2022 $27,041 $2,472,232 $1,927,159 $545,073
2021 $21,210 $1,943,628 $1,889,372 $54,256
2020 $20,774 $1,923,699 $1,869,999 $53,700
2019 $20,427 $1,885,980 $1,833,332 $52,648
2018 $20,182 $1,849,000 $1,797,384 $51,616
2017 $2,120 $83,421 $53,937 $29,484
2016 $2,057 $81,786 $52,880 $28,906
2015 $1,720 $80,558 $52,086 $28,472
2014 $1,704 $78,980 $51,065 $27,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17165548

California Regional Multiple Listing Service (CRMLS)

APN: 656-212-01