NOT LISTED FOR SALE

Estimated Value: $1,452,000 - $2,213,858

2 Beds
2 Baths
1,200 Sq Ft
1963 Built

Last Sold March 27, 2012

Last sale price $450,000 $375 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $10,336/month

383 Days on Market

Highlights

  • Ocean View
  • Two Primary Bedrooms
  • Main Floor Primary Bedroom
  • El Morro Elementary School Rated A+
  • Contemporary Architecture
  • 3-minute walk to Ruby Street Park

About This Home

As of March 2012

OCEAN VIEWS & GREAT SUNSETS FROM LIVING ROOM & SUNNY DEN!!! Elegant TWO Bedroom-TWO Full Bath Condo PLUS a BRIGHT & CHEERFUL DEN - enclosed Balcony converted! Remodeled Kitchen and Bathrooms, Padded Window Seat with Built-in Bookcases on Both Ends! Extra Large Living Room/Dining Room Combination! Kitchen Cabinets with See Through Glass Doors for Display, Long Breakfast Bar Countertop, Newer Stove, Newer Microwave, Refrigerator Included! Master Bedroom has Glass French Doors to Sunroom with Full Bath - Second Bedroom has own Separate Bathroom! Another set of Glass French Doors from Elegant Living Room to Sunroom! Live in Sought-After Laguna Beach Village!!! GREAT Investment Property, built-in Tenant guaranteed until July, 2012 AT $2300!

Last Agent to Sell the Property

Marlene Dietrich

D E Realty Inc License #01291332 Listed on: 02/09/2011

Last Buyer's Agent

Deb BurtonBushell

Coldwell Banker Realty License #01181135

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,595

Year Built

  • Built in 1963

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Fireplace
  • Custom Window Coverings
  • French Doors
  • Sliding Doors
  • Living Room
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Guest Parking

Outdoor Features

  • Patio
  • Enclosed Glass Porch

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 11 / 16
  • Tax Tract Number 23
  • Assessor Parcel Number 89516003

Community Details

Overview

  • Property has a Home Owners Association
  • 9 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,595

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-400-1021
  • Property Attached: Yes
  • Subdivision Name Other: Woods Cove
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 89516003
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Interior Amenities: Built-in Features, Crown Molding
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Price Per Square Foot: 375.00
  • Room Type: Den, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Sun, Two Masters
  • Window Features: Custom Covering

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Panoramic, Water
  • Fence: No
  • Patio And Porch Features: Enclosed Glass Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Guest
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Electric Cooking, Free Standing, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Common Area, Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sewer
  • Association Fee: 395.00
  • Phone: *
  • Senior Community: No

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 1.00

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 1.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Block: 16
  • Tax Lot: 11
  • Tax Tract: Woods Cove
  • Tax Tract Number: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2011
Closed on
Feb 15, 2012
Sold by
Kraus Patricia
Bought by
Wright Jeffrey B and Wright Kathlyn L
Seller's Agent
Marlene Dietrich
D E Realty Inc
Buyer's Agent
Deb BurtonBushell
Coldwell Banker Realty
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%
Current Estimated Value
$1,845,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,395,715
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Aug 30, 2001
Sold by
Massod Tony
Bought by
Kraus Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.62%

Purchase Details

Closed on
May 11, 2001
Sold by
Massod Tony
Bought by
Massod Tony David and Trust Of Tony David Massod

Purchase Details

Closed on
Feb 20, 1998
Sold by
Franco Rizzi and Franco Yolanda
Bought by
Massod Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
7.06%
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
Wright Jeffrey B -- None Available
Kraus Patricia $370,000 Orange Coast Title
Massod Tony David -- --
Massod Tony -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraus Patricia $275,000
Previous Owner Massod Tony $182,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $450,000 -9.1% $375 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/27/2012 01/27/12 Price Changed $494,900 0.0% $412 / Sq Ft
01/10/2012 01/10/12 Price Changed $495,000 -6.3% $413 / Sq Ft
10/24/2011 10/24/11 Price Changed $528,000 -0.2% $440 / Sq Ft
08/03/2011 08/03/11 Price Changed $528,900 0.0% $441 / Sq Ft
07/05/2011 07/05/11 For Sale $529,000 0.0% $441 / Sq Ft
07/05/2011 07/05/11 Price Changed $529,000 +17.6% $441 / Sq Ft
06/25/2011 06/25/11 Off Market $450,000 -- --
06/14/2011 06/14/11 Price Changed $539,000 -3.6% $449 / Sq Ft
05/23/2011 05/23/11 Price Changed $559,000 -3.5% $466 / Sq Ft
05/12/2011 05/12/11 Price Changed $579,000 -1.7% $483 / Sq Ft
04/28/2011 04/28/11 Price Changed $589,000 -1.7% $491 / Sq Ft
03/31/2011 03/31/11 Price Changed $599,000 -0.2% $499 / Sq Ft
03/23/2011 03/23/11 Price Changed $599,900 -4.8% $500 / Sq Ft
03/04/2011 03/04/11 Price Changed $629,900 -2.3% $525 / Sq Ft
03/04/2011 03/04/11 Price Changed $644,900 0.0% $537 / Sq Ft
02/27/2011 02/27/11 Price Changed $645,000 -0.6% $538 / Sq Ft
02/11/2011 02/11/11 For Sale $649,000 +44.2% $541 / Sq Ft
02/09/2011 02/09/11 Off Market $450,000 -- --
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 $6,595 $565,219 $491,964 $73,255
2024 $6,595 $554,137 $482,318 $71,819
2023 $6,413 $543,272 $472,861 $70,411
2022 $6,259 $532,620 $463,589 $69,031
2021 $6,107 $522,177 $454,499 $67,678
2020 $6,007 $516,823 $449,838 $66,985
2019 $5,882 $506,690 $441,018 $65,672
2018 $5,754 $496,755 $432,370 $64,385
2017 $5,623 $487,015 $423,892 $63,123
2016 $5,500 $477,466 $415,580 $61,886
2015 $5,400 $470,295 $409,338 $60,957
2014 $5,282 $461,083 $401,320 $59,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S647404

California Regional Multiple Listing Service (CRMLS)

APN: 895-160-03