NOT LISTED FOR SALE

Estimated Value: $981,466 - $1,309,000

2 Beds
1.5 Baths
1,141 Sq Ft
$250/mo HOA Fee

Last Sold September 05, 2014

Last sale price $499,900 $438 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $7,136/month

13 Days on Market

Highlights

  • Property has ocean access
  • All Bedrooms Downstairs
  • Dual Staircase
  • Las Palmas Elementary School Rated A-
  • Peek-A-Boo Views
  • Breakfast Bar

About This Home

As of September 2014

Great beach close Townhouse, 100 yards to Bluff, beach steps to '204" surf spot and beach trail. Great reverse floor plan for light and bright
upper great room with vaulted ceilings and fireplace. Peek ocean view from generous deck off master. Great for investor or first time buyer...

Last Agent to Sell the Property

Steve Smith

Re/Max Coastal Homes License #01254754 Listed on: 07/22/2014

Last Buyer's Agent

Heather Olson

Engel & Völkers Laguna Beach License #01829384

Engel & Völkers Laguna Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,975

Year Built

  • Built in 1975

Lot Details

  • 1 Common Wall
  • Block Wall Fence

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • 1,141 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down

Outdoor Features

  • Property has ocean access
  • Rain Gutters

Utilities

  • Central Heating

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8929
  • Assessor Parcel Number 93446001

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,975

Year Built

Built in 1975

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9496328139
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93446001
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1141.00
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Entry Location: Mid Level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 438.12
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Peek-A-Boo
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 6
  • Waterfront Features: Ocean Access

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2014
Closed on
Aug 6, 2014
Sold by
Warner Bryan E
Bought by
Paletz Davi
Seller's Agent
Steve Smith
Re/Max Coastal Homes
Buyer's Agent
Heather Olson
Engel & Völkers Laguna Beach
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$1,208,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,467
Avg. Annual Appreciation
8.25%
Original Mortgage
$399,200
Outstanding Balance
$304,275
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$904,092

Purchase Details

Closed on
Nov 19, 2009
Sold by
Pito Stefani L
Bought by
Warner Bryan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Kimak Laura L
Bought by
Wilkes Timothy and Kimak Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,639
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2003
Sold by
Waddell Russell
Bought by
Pito Stefani L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2003
Sold by
Atkins Andrew
Bought by
Waddell Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
4.62%

Purchase Details

Closed on
May 19, 1999
Sold by
Flint Richard B and Flint Judith M
Bought by
Atkins Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.2%
Mortgage Type
Balloon
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
Paletz Davi $500,000 First American Title Company
Warner Bryan E $345,000 Lawyers Title Company
Wilkes Timothy -- Security Union Title
Pito Stefani L $397,500 United Title Company
Waddell Russell $305,000 United Title Company
Atkins Andrew $160,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paletz Davi $399,200
Previous Owner Warner Bryan E $276,000
Previous Owner Wilkes Timothy $113,639
Previous Owner Pito Stefani L $318,000
Previous Owner Waddell Russell $244,000
Previous Owner Atkins Andrew $128,000
Closed Atkins Andrew $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $499,900 0.0% $438 / Sq Ft
07/22/2014 07/22/14 For Sale $499,900 0.0% $438 / Sq Ft
01/10/2012 01/10/12 Rented $1,900 +2.7% --
01/10/2012 01/10/12 Under Contract -- -- --
12/23/2011 12/23/11 For Rent $1,850 -- --
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 $5,975 $600,799 $490,450 $110,349
2024 $5,975 $589,019 $480,833 $108,186
2023 $5,849 $577,470 $471,405 $106,065
2022 $5,738 $566,148 $462,162 $103,986
2021 $5,627 $555,048 $453,100 $101,948
2020 $5,571 $549,357 $448,454 $100,903
2019 $5,462 $538,586 $439,661 $98,925
2018 $5,357 $528,026 $431,040 $96,986
2017 $5,253 $517,673 $422,588 $95,085
2016 $5,152 $507,523 $414,302 $93,221
2015 $5,075 $499,900 $408,079 $91,821
2014 $3,693 $363,279 $271,273 $92,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14155578

California Regional Multiple Listing Service (CRMLS)

APN: 934-460-01