NOT LISTED FOR SALE

251 Lower Cliff Dr Unit 10 Laguna Beach, CA 92651

Main Beach Neighborhood

Estimated Value: $1,219,000 - $1,537,000

1 Bed
1 Bath
842 Sq Ft
$595/mo HOA Fee

Last Sold May 26, 2021

Last sale price $950,000 $1,128 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,000/month

12 Days on Market

Highlights

  • White Water Ocean Views
  • Wood Flooring
  • Crown Molding
  • El Morro Elementary School Rated A+
  • Stone Countertops
  • 2-minute walk to Main Beach Park

About This Home

As of May 2021

Perched just above world-renowned Main Beach, with your very own postcard view! Enjoy breathtaking ocean, hillside, city-light, beach and white water views day or night! Located in the heart of all that makes Laguna Beach special. This condominium is a very rare fee-simple (not leased land or a co-op) real estate offering and extraordinary value. The interior is filled with newer flooring throughout, a recently remodeled kitchen, and an elegant, texturized ceiling that really makes this condo one-of-a-kind. Interior laundry hookups and a private outdoor deck are bonus features. Be sure to schedule a tour soon. This opportunity to buy Laguna Beach real estate will not last!

Last Listed By

Spencer Wall

Pacific Sotheby’s International Realty License #01840729 Listed on: 04/21/2021

Pacific Sotheby’s International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,207

Year Built

  • Built in 1963

Lot Details

  • 1 Common Wall
  • Density is up to 1 Unit/Acre

HOA Fees

  • $595 Monthly HOA Fees

Parking

  • On-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Hills

Interior Spaces

  • 842 Sq Ft Home
  • Crown Molding
  • Stone Countertops
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Schools

  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Additional Features

  • No Interior Steps
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Tax Tract Number 208
  • Assessor Parcel Number 93440025

Community Details

Overview

  • Master Insurance
  • 18 Units
  • Laguna Cliffs Owners Association, Phone Number (909) 444-7655
  • North Laguna Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,207

Year Built

Built in 1963

Lot Details

0

HOA Fees

$595 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93440025
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 842.00 Square Feet
  • Interior Amenities: Crown Molding
  • Entry Location: Middle Level
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Accessibility Features: No Interior Steps
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1128.27
  • Room Type: All Bedrooms Up, Kitchen
  • Room Kitchen Features: Stone Counters

Exterior Features

  • View: City Lights, Coastline, Hills, Ocean, Water, White Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 595.00
  • Association Fee Frequency: Monthly
  • Association Name: Laguna Cliffs Owners Association
  • Phone: 9094447655
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Urban
  • Association Management: Laguna Cliffs Owners Association

Schools

  • School District: Laguna Beach Unified
  • Middle School: Thurston
  • High School: Laguna Beach
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 18
  • Number Of Units Total: 18

Tax Info

  • Tax Block: A
  • Tax Census Tract: 626.05
  • Tax Lot: 8
  • Tax Tract Number: 208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 10, 2021
Sold by
Petrasich John and Petrasich Mary
Bought by
Wentworth Claudia Hansen and Wentworth Claudia Hansen
Seller's Agent
Spencer Wall
Pacific Sotheby’s International Realty
List Price
$965,000
Sold Price
$950,000
Premium/Discount to List
-$15,000
-1.55%
Total Days on Market
12
Current Estimated Value
$1,330,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,922
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Aug 4, 2010
Sold by
Martin Cheryl Anne
Bought by
Petrasich John and Petrasich Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Porter Frederick J
Bought by
Martin Cheryl Anne and Teh Martin Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$684,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2004
Sold by
Porter R Thomas and Porter Fredrick J
Bought by
Laguna Cliffs Owners Assn

Purchase Details

Closed on
Apr 19, 2004
Sold by
Laguna Cliffs Owners Assn
Bought by
Porter R Thomas and Porter Fredrick J
Source: Public Records

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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
Wentworth Claudia Hansen $950,000 First American Title
Petrasich John $899,000 Chicago Title Company
Martin Cheryl Anne $855,000 Chicago Title Co
Laguna Cliffs Owners Assn -- First American Title Co
Porter R Thomas -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrasich John $417,000
Previous Owner Martin Cheryl Anne $510,000
Previous Owner Martin Cheryl Anne $684,000
Previous Owner Porter R Thomas $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $950,000 -1.6% $1,128 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $965,000 -- $1,146 / 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
2024 $11,207 $1,008,147 $950,315 $57,832
2023 $10,918 $988,380 $931,681 $56,699
2022 $10,680 $969,000 $913,412 $55,588
2021 $11,600 $1,064,063 $1,006,265 $57,798
2020 $11,444 $1,053,153 $995,947 $57,206
2019 $11,225 $1,032,503 $976,418 $56,085
2018 $10,993 $1,012,258 $957,272 $54,986
2017 $10,760 $992,410 $938,502 $53,908
2016 $10,540 $972,951 $920,100 $52,851
2015 $10,366 $958,337 $906,279 $52,058
2014 $10,153 $939,565 $888,526 $51,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21083047

California Regional Multiple Listing Service (CRMLS)

APN: 934-400-25