NOT LISTED FOR SALE

2198 Ruby Place Laguna Beach, CA 92651

Woods Cove Neighborhood

Estimated Value: $6,068,060 - $9,390,000

3 Beds
4.5 Baths
4,360 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $3,725,000 $854 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $45,339/month

48 Days on Market

Highlights

  • White Water Ocean Views
  • Wood Flooring
  • Home Office
  • El Morro Elementary School Rated A+
  • Modern Architecture
  • 5-minute walk to Ruby Street Park

About This Home

As of August 2013

A rare combination of modern architecture with a warm, cozy feel, this three-level home in Woods Cove offers incredible views and a short stroll to the beach. With a green belt on two sides this beauty provides complete privacy while you swim in the pool or enjoy a soak in the spa. Floor surfaces are exquisitely done in either stained-polished concrete or ebonized-Brazilian cherry, and counter tops are either concrete or limestone.Three bedrooms, three baths, and 4,360 square feet of luxury await you in this one-of-a-kind home better suited for the Greek Isles. The main floor includes a living room, kitchen, dining room with 900- bottle wine cellar and a family room complete with entire-home audio, fireplace and 55" 3D Television. The kitchen is a chef's delight with two-drawer dishwasher, refrigerator, beverage center, double oven, six-burner gas cook top, warming drawer and microwave. Also included in kitchen are a Miele built-in coffeemaker, two pantries, and a breakfast bar.

Last Agent to Sell the Property

Ikem Chukumerije

IKEM License #01751046 Listed on: 04/27/2013

Last Buyer's Agent

Serge Gharibian

License #01126253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,564

Year Built

  • Built in 1993

Lot Details

  • 6,838

Parking

  • 3 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Park or Greenbelt
  • Pool

Home Design

  • Modern Architecture

Interior Spaces

  • 4,360 Sq Ft Home
  • Family Room
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4.5 Bathrooms

Additional Features

  • 6,838 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 644-293-26

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,564

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 4360
  • Year Built: 1993
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Hardwood
  • Bedrooms: 3
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 4.50
  • Den: 0
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 882.80

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Coastline, Green Belt, Ocean, Panoramic, Pool, Water, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 644-293-26
  • Geocode Override: No
  • Lot Size Area: 6838

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2013
Closed on
Jul 18, 2013
Sold by
Smith Ann Rochelle
Bought by
Williamson Ronald R and Williamson Lori A
Seller's Agent
Ikem Chukumerije
IKEM
Buyer's Agent
Serge Gharibian
List Price
$3,849,000
Sold Price
$3,725,000
Premium/Discount to List
-$124,000
-3.22%
Current Estimated Value
$7,835,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,110,515
Avg. Annual Appreciation
4.29%
Original Mortgage
$2,200,000
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2000
Sold by
Sherman Allan P
Bought by
Smith Ann Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,675,000
Interest Rate
8.12%

Purchase Details

Closed on
Apr 17, 1997
Sold by
Allan Sherman
Bought by
Sherman Allan P and Allan P Sherman Trust

Purchase Details

Closed on
Dec 8, 1993
Sold by
Euzarraga David H
Bought by
Sherman Allan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.16%
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
Williamson Ronald R -- Title 365
Smith Ann Rochelle $1,775,000 Stewart Title
Sherman Allan P -- --
Sherman Allan P $1,050,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Ronald R $2,200,000
Previous Owner Smith Ann Rochelle $1,675,000
Previous Owner Sherman Allan P $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold $3,725,000 -3.2% $854 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
04/27/2013 04/27/13 For Sale $3,849,000 -- $883 / Sq Ft
Source: The MLS

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 $45,564 $4,476,235 $3,710,700 $765,535
2024 $45,564 $4,388,466 $3,637,941 $750,525
2023 $44,817 $4,302,418 $3,566,609 $735,809
2022 $43,915 $4,218,057 $3,496,675 $721,382
2021 $43,015 $4,135,350 $3,428,112 $707,238
2020 $43,074 $4,092,948 $3,392,961 $699,987
2019 $42,417 $4,012,695 $3,326,433 $686,262
2018 $41,591 $3,934,015 $3,261,209 $672,806
2017 $40,765 $3,856,878 $3,197,264 $659,614
2016 $39,993 $3,781,253 $3,134,572 $646,681
2015 $39,385 $3,724,456 $3,087,488 $636,968
2014 $37,982 $3,651,500 $3,027,009 $624,491
Source: Public Records

Agents Affiliated with this Home

  • Ikem Chukumerije

    Seller's Agent in 2013

    Ikem Chukumerije

    IKEM

    (310) 927-2344

    49 Total Sales

    Ikem Chukumerije
    Section Image

  • S

    Buyer's Agent in 2013

    Serge Gharibian

  • N

    Buyer's Agent in 2013

    Non Non Member

See All Agents

Map

Source: The MLS

MLS Number: 13-668455

The MLS

APN: 644-293-26

California Orange County Laguna Beach 92651 Woods Cove

2198 Ruby Place, Laguna Beach, CA

This home is located at 2198 Ruby Place, Laguna Beach, CA 92651 since 27 April 2013 and is currently estimated at $7,835,515, approximately $1,797 per square foot. This property was built in 1993. 2198 Ruby Place is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

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