NOT LISTED FOR SALE

2500 Monaco Dr Laguna Beach, CA 92651

Estimated Value: $8,274,000 - $17,704,045

3 Beds
4.5 Baths
4,741 Sq Ft
$2,365/Sq Ft Est. Value

Last Sold June 18, 2013

Last sale price $7,500,000 $1,582 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $69,025/month

26 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Heated In Ground Pool
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Sauna

About This Home

As of June 2013

Gorgeous "Refined California Craftsman" style home nestled on the oceanside of Irvine Cove. Vaulted, beamed-ceiling entry invites you into this exquisitely detailed ocean view home. Limestone and pecan wood floors add elegance and warmth. Extensive exterior use of handsome, stacked Ledgestone, creating beautiful gardens, terraces and patios for entertaining or for private enjoyment. Pool, spa and waterfall. Great Room, formal living, formal dining, four bedrooms (one is being used as an office), four baths plus a lower level den with a television wall where kids can hang out or it might be a media room for adults. Master Suite with two walk-in closets and a large perfectly appointed Master Bath. The kitchen is extraordinary and open to the Great Room. Granite breakfast counter, casual dining nook, wine refrigerator, butler's pantry and best qualitiy appliances.

Oceanside of Pacific Coast Highway in the private beach, guard gated community of Irvine Cove.

Last Agent to Sell the Property

Roderic Daley

Coldwell Banker Realty License #00456990 Listed on: 03/01/2013

Coldwell Banker Realty

Last Buyer's Agent

Roderic Daley

Coldwell Banker Realty License #00456990 Listed on: 03/01/2013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,961

Year Built

  • Built in 2005

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Garden
  • Back Yard
  • Property is zoned R1

HOA Fees

  • $649 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Craftsman Architecture
  • Turnkey
  • Concrete Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,741 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Laundry Room
  • Sauna
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Indoor Grill
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Home Security

  • Alarm System
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Electronic Air Cleaner

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Deck
  • Wrap Around Porch
  • Open Patio
  • Terrace
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Sewer Paid
  • Phone System

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 2818
  • Assessor Parcel Number 05331609

Community Details

Overview

  • Common Interest Association, Phone Number (949) 248-3878
  • Built by Mike Delavan
  • Custom

Amenities

  • Picnic Area

Recreation

  • Tennis Courts

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,961

Year Built

Built in 2005

Lot Details

0

HOA Fees

$649 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated Community, Gated with Guard, Smoke Detector(s), Security System, Wired for Alarm System
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Custom Built, Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05331609
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4741.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Wired for Data, Electronic Air Cleaner, Granite Counters, Home Automation System, Phone System, Pantry, Storage, Stone Counters, Wired for Sound
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Family Kitchen, Dining Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1581.94
  • Room Type: Den, Family Room, Foyer, Great Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Separate Family Room
  • Spa Features: Heated, In Ground
  • Window Features: Custom Covering, Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Sauna Private
  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Ocean
  • Builder Name: Mike Delavan
  • Patio And Porch Features: Covered, Deck, Patio Open, Stone, Terrace, Wrap Around
  • Pool Features: Heated, In Ground, Private, Waterfall
  • Pool Private: Yes
  • Roof: Concrete
  • Spa: Yes
  • Construction Materials: Stucco, Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Double Oven, Dishwasher, Disposal, Indoor Grill, High Efficiency Water Heater, Range Hood, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central, Forced Air, Zoned
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, High Efficiency, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Annually, Guard, Picnic Area, Security, Tennis Court(s)
  • Association Fee: 7787.00
  • Association Fee Frequency: Annually
  • Association Name: Common Interest
  • Phone: 949-248-3878
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified

Green Features

  • Efficiency: HVAC

Lot Info

  • Lot Features: Back Yard, Garden, Lot 10000-19999 Sqft, Paved, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 12400.00
  • Lot Size Acres: 0.2850

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12400.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 2818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2013
Sold by
Mazzo James V and Mazzo Keleen B
Bought by
Miner Powell Family Llc
Current Estimated Value
$11,214,011

Purchase Details

Closed on
Sep 8, 2011
Sold by
Mazzo Keleen B
Bought by
Mazzo James and Mazzo Keleen B

Purchase Details

Closed on
Jun 30, 2009
Sold by
Mazzo James V and Mazzo Keleen B
Bought by
Mazzo James and Mazzo Keleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,550,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Mazzo James V and Mazzo Keleen B
Bought by
Mazzo James and Mazzo Keleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.28%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Hamilton Gary
Bought by
Mazzo James and Mazzo Keleen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 2, 1996
Sold by
Pitcher Thomas B and Pitcher Mary Lou
Bought by
Hamilton Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
7.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Miner Powell Family Llc $7,500,000 First American Title Company
Mazzo James -- None Available
Mazzo James -- None Available
Mazzo James -- None Available
Mazzo James -- None Available
Mazzo James -- Chicago Title Company
Mazzo James -- American Title Co
Mazzo James -- Multiple
Mazzo James $3,350,000 Stewart Title
Hamilton Gary $1,250,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mazzo James $4,550,000
Previous Owner Mazzo James $2,000,000
Previous Owner Mazzo James $500,000
Previous Owner Mazzo James $1,350,000
Previous Owner Hamilton Gary $650,000
Previous Owner Hamilton Gary A $500,000
Previous Owner Hamilton Gary $925,000
Closed Mazzo James $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2013 06/18/13 Sold $7,500,000 -8.5% $1,582 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $8,200,000 -- $1,730 / 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 $92,961 $9,235,712 $7,751,079 $1,484,633
2024 $92,961 $9,054,620 $7,599,097 $1,455,523
2023 $91,127 $8,877,079 $7,450,095 $1,426,984
2022 $89,357 $8,703,019 $7,304,015 $1,399,004
2021 $87,587 $8,532,372 $7,160,799 $1,371,573
2020 $86,618 $8,444,884 $7,087,374 $1,357,510
2019 $85,108 $8,279,299 $6,948,406 $1,330,893
2018 $83,440 $8,116,960 $6,812,162 $1,304,798
2017 $81,786 $7,957,804 $6,678,590 $1,279,214
2016 $80,230 $7,801,769 $6,547,637 $1,254,132
2015 $79,023 $7,684,580 $6,449,286 $1,235,294
2014 $77,511 $7,534,050 $6,322,953 $1,211,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13033625

California Regional Multiple Listing Service (CRMLS)

APN: 053-316-09