NOT LISTED FOR SALE

Estimated Value: $5,921,000 - $6,892,000

4 Beds
3.5 Baths
3,699 Sq Ft
$1,743/Sq Ft Est. Value

Last Sold October 12, 2016

Last sale price $3,000,000 $811 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $37,982/month

21 Days on Market

Highlights

  • White Water Ocean Views
  • Art Studio
  • 7,200 Sq Ft lot
  • Top Of The World Elementary School Rated A
  • Heated Spa
  • Open Floorplan

About This Home

As of October 2016

Complete privacy and huge panoramic coastal views are the signature features of this beautiful 'mini compound' home. Sitting on a double lot at the end of a hillside street it has a private ‘estate’ feel to it and no roof tops to contend with. Every room in this open floor plan home has a north facing 'breath taking' view of the Laguna village, canyons, coves, Catalina and ‘white’ water crashing on the rocks. You see everything Laguna has to offer including the ‘twinkly’ evening lights from the village and the hillside homes. There’s no question why Laguna Beach is considered the California ‘Riviera’. The home has a California classic ranch design layout and has been remodeled with an open floor plan. The vaulted ceilings and the ‘floor to ceiling’ windows produce a compelling indoor/outdoor environment with a huge hillside canyon at your door step. Super quite. Sit out on the patios and feel the ocean breeze and a real nature experience. Come and enjoy.

Last Agent to Sell the Property

Sean McCracken

Surterre Properties License #01510921 Listed on: 08/08/2016

Last Buyer's Agent

John Trevino

Compass License #01411440

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,880

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 80x90
  • West Facing Home
  • Corner Lot
  • Rectangular Lot
  • Sprinkler System

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Traditional Architecture
  • Tile Roof

Interior Spaces

  • 3,699 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Wired For Sound
  • Built-In Features
  • Dry Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Art Studio
  • Workshop
  • Storage
  • Laundry Room

Kitchen

  • Dumbwaiter
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Converted Bedroom
  • Walk-In Closet

Outdoor Features

  • Heated Spa
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating
  • Central Water Heater
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 7 / 15
  • Tax Tract Number 26
  • Assessor Parcel Number 65614101

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,880

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 949-290-5317
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Alta Vista (AV)
  • View: Yes
  • Zoning: R
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65614101
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3699.00
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, Dumbwaiter, High Ceilings, Open Floorplan, Pantry, Storage, Wired for Sound, Unfurnished, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 811.03
  • Room Type: Art Studio, Bonus Room, Converted Bedroom, Family Room, Living Room, Master Bedroom, Main Floor Master Bedroom, Walk-In Pantry, Walk-In Closet, Workshop
  • Spa Features: Heated, Private
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Catalina, City Lights, Canyon, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Water Heater Central
  • Heating Type: Central
  • Laundry Features: Common Area, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Preserve/Public Land, Storm Drains

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Lot 6500-9999, Corner Lot, Sprinkler System
  • Lot Size: 80x90
  • Lot Size Sq Ft: 7200.00
  • Price Per Lot Square Foot: 486.11

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Block: 15
  • Tax Lot: 7
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2016
Closed on
Sep 1, 2016
Sold by
Randel David E and Randel Patricia J
Bought by
Gage Kim P and Gage Nicole M
Seller's Agent
Sean McCracken
Surterre Properties
Buyer's Agent
John Trevino
Compass
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$6,448,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,448,904
Avg. Annual Appreciation
8.89%
Original Mortgage
$2,250,000
Outstanding Balance
$1,771,961
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,676,943
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
Gage Kim P $3,000,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gage Kim P $2,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2016 10/12/16 Sold $3,000,000 -14.3% $811 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $3,500,000 -- $946 / 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 $43,880 $4,307,133 $2,966,684 $1,340,449
2024 $43,880 $4,222,680 $2,908,514 $1,314,166
2023 $43,171 $4,139,883 $2,851,484 $1,288,399
2022 $42,301 $4,058,709 $2,795,572 $1,263,137
2021 $37,582 $3,599,391 $2,740,757 $858,634
2020 $34,046 $3,272,013 $2,712,654 $559,359
2019 $32,694 $3,121,200 $2,659,465 $461,735
2018 $32,044 $3,060,000 $2,607,318 $452,682
2017 $31,396 $3,000,000 $2,556,194 $443,806
2016 $13,406 $1,239,432 $826,348 $413,084
2015 $13,185 $1,220,815 $813,935 $406,880
2014 $12,921 $1,196,901 $797,991 $398,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16179235

California Regional Multiple Listing Service (CRMLS)

APN: 656-141-01