NOT LISTED FOR SALE

2490 Irvine Cove Crescent Laguna Beach, CA 92651

Estimated Value: $8,795,000 - $14,996,404

4 Beds
4.5 Baths
4,143 Sq Ft
$2,643/Sq Ft Est. Value

Last Sold February 17, 2014

Last sale price $5,000,000 $1,207 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $65,532/month

Highlights

  • Ocean View
  • Property has ocean access
  • Home Theater
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Black Bottom Pool

About This Home

As of February 2014

Rare and emotional ocean view residence in Laguna Beach's most exclusive guard-gated community of Irvine Cove. Walk down to your community's fully serviced private beach front park with palapas, restrooms, bbqs, reinforced drive-on sand for golf carts, parties and exceptional surfing. Enter this level 1/3 acre through double electric gates to a mutli-vehicle parking area and 4-car garage. Cross the romantic covered courtyard with resort style pool and spa to the custom home's tall glass double doors. Over 25 ft high, bright great room with a bank of french doors leading to a loggia pool-side dining area. Gourmet kitchen with built in sub-zero fridge and freezer, walk-in pantry, island, breakfast bar and casual dining. Formal dining, spacious family room, fully equipped wet bar. Two large bedrooms with private baths on the ground floor. Upstairs, there's an oversized master suite, retreat, balcony, and huge bath, all with panoramic ocean and Catalina views and an impressive fitted walk-in closet. One more very large bedroom with ocean views, private bath and fitted closet. There is a tunnel which allows easy vehicle entrance and exit from either guard gate, south or north on Pacific Coast Highway 1. Private community tennis courts and basketball court.

Last Agent to Sell the Property

Rob Jansen

Jansen Team Real Estate License #01799964 Listed on: 02/17/2014

Last Buyer's Agent

Rob Jansen

Jansen Team Real Estate License #01799964 Listed on: 02/17/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,026

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Automatic Gate
  • Unassigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Spanish Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,143 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Wired For Sound
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • See Through Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Roller Shields
  • Casement Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Storage
  • Home Gym
  • Alarm System

Kitchen

  • Walk-In Pantry
  • Double Convection Oven
  • Indoor Grill
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Pool

  • Black Bottom Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Covered Patio or Porch
  • Lanai

Additional Features

  • More Than Two Accessible Exits
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 11619
  • Assessor Parcel Number 49620127

Community Details

Overview

  • Irvine Cove Association

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Tennis Courts
  • Sport Court

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,026

Year Built

Built in 1988

Lot Details

0

HOA Fees

$710 per month

Parking

4

Listing Details

  • Assessments: No
  • Inclusions: Sub zero refrigerator and freezer, U-line beverage fridge, central vacuum system
  • Property Attached: No
  • Security: 24 Hour Security, Automatic Gate, Gated with Guard, Closed Circuit Camera(s), Wired for Alarm System
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49620127
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4143.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Balcony, Block Walls, Cathedral Ceiling(s), Copper Plumbing Full, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Wired for Sound, Two Story Ceilings, Vacuum Central, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Fireplace Features: Bath, Family Room, Gas, Great Room, Kitchen, Living Room, Master Bedroom, See Through
  • Levels: Two
  • Price Per Square Foot: 1206.85
  • Room Type: Entry, Family Room, Formal Entry, Guest/Maid's Quarters, Great Room, Exercise Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Separate Family Room, Office, Home Theatre, Two Masters
  • Spa Features: Heated, In Ground, Private
  • Window Features: Casement Windows, Double Pane Windows, Plantation Shutters, Roller Shields, Skylight(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Slab
  • View: Catalina, Coastline, Ocean, Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Lanai, Stone
  • Pool Features: Black Bottom, Heated, Gas Heat, In Ground, Private
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Number Remotes: 4
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener, Gated, On Site, Garage - Two Door, Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Double Oven, Dishwasher, Disposal, Indoor Grill, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Controlled Access, Dues Paid Annually, Fire Pit, Guard, Picnic Area, Security, Sport Court, Tennis Court(s)
  • Association Fee: 710.00
  • Association Fee Frequency: Monthly
  • Association Name: Irvine Cove
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Level, Rectangular Lot, Lot 10000-19999 Sqft, Paved, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 14989.00
  • Lot Size Acres: 0.3440

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14989.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Lot: 48
  • Tax Tract Number: 11619

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2014
Closed on
Feb 5, 2014
Sold by
Fredensburg Holly J
Bought by
Irvine Cove Llc
Seller's Agent
Rob Jansen
Jansen Team Real Estate
Buyer's Agent
Rob Jansen
Jansen Team Real Estate
List Price
$5,000,000
Sold Price
$5,000,000
Current Estimated Value
$10,948,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,948,135
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Gillespie William J
Bought by
Fredensburg Jeffrey Lee and Fredensburg Holly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Irvine Cove Llc -- Fidelity National Title Co
Fredensburg Jeffrey Lee $1,200,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvine Cove Llc $3,000,000
Previous Owner Fredensburg Jeffrey L $100,000
Previous Owner Frendensburg Jeffrey Lee $1,500,000
Previous Owner Fredensburg Jeffrey Lee $500,000
Previous Owner Fredensburg Jeffrey Lee $750,000
Closed Fredensburg Jeffrey Lee $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2014 02/17/14 Sold $5,000,000 0.0% $1,207 / Sq Ft
02/17/2014 02/17/14 Pending -- -- --
02/17/2014 02/17/14 For Sale $5,000,000 -- $1,207 / 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 $62,026 $6,129,313 $5,259,313 $870,000
2024 $62,026 $6,009,131 $5,156,189 $852,942
2023 $60,902 $5,891,305 $5,055,087 $836,218
2022 $59,699 $5,775,790 $4,955,968 $819,822
2021 $58,496 $5,662,540 $4,858,792 $803,748
2020 $57,827 $5,604,478 $4,808,971 $795,507
2019 $56,811 $5,494,587 $4,714,678 $779,909
2018 $55,693 $5,386,850 $4,622,233 $764,617
2017 $54,582 $5,281,226 $4,531,601 $749,625
2016 $53,538 $5,177,673 $4,442,746 $734,927
2015 $52,724 $5,099,900 $4,376,012 $723,888
2014 $16,720 $1,563,083 $975,260 $587,823
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14033632

California Regional Multiple Listing Service (CRMLS)

APN: 496-201-27