$1,637,500
SOLD OCT 31, 2024

251 Lower Cliff Dr Unit 11 Laguna Beach, CA 92651

Main Beach Neighborhood
2 Beds
2 Baths
1,204 Sq Ft
$901/mo HOA Fee

Recently Sold

$1,360 Per Sq Ft

18% Below List Price

186 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Deck
  • 2-minute walk to Main Beach Park

About This Home

As of October 2024

WALK TO MAIN BEACH! BRAND NEW DESIGNER FLOORING, FRESH INTERIOR PAINT, UPGRADED LIGHTING FIXTURES AND MORE! SPECTACULAR LOCATION, ONE BLOCK FROM MAIN BEACH WITH BREATHTAKING COASTLINE, OCEAN, WHITE WATER AND BEACH VIEWS AND THE SOUND OF THE WAVES! Exceptional end unit location and open floor plan offering a large living and dining room with picture windows and solarium atrium for enjoying the panoramic ocean views. Large kitchen opens to the dining room featuring stone countertops with designer backsplash, stainless steel appliances including a wine/beverage refrigerator and bar seating. Brand new designer flooring and baseboards, recessed LED lighting and upgraded dual glazed windows. Small building with only 17 units and elevator to all levels and conveniently located community laundry. Excellent proximity to downtown Laguna Beach with world class restaurants, shops, entertainment, iconic Laguna Beach LifeGuard tower, basketball and sand volleyball courts, famous Laguna Beach boardwalk, Laguna Art Museum and nearby galleries. This amazing two bedrooms and 2 bathrooms property with over 1,200 sq.ft. and a private one-car garage is truly rare for downtown Laguna Beach and offers an exceptional opportunity to enjoy the Laguna beach lifestyle and the breathtaking views!

Last Agent to Sell the Property

Kamran Montazami

Re/Max Premier Realty Brokerage Phone: 714-343-2939 License #00996907 Listed on: 04/18/2024

Re/Max Premier Realty

Co-Listed By

Sara Montazami

Re/Max Premier Realty Brokerage Phone: 714-343-2939 License #02148932

Last Buyer's Agent

Mike Fuscaldo

Re/Max Premier Realty License #02172725

Re/Max Premier Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,760

Year Built

  • Built in 1958

Lot Details

  • Two or More Common Walls

HOA Fees

  • $901 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Tax Tract Number 208
  • Assessor Parcel Number 93440026
  • $913 per year additional tax assessments

Community Details

Overview

  • 17 Units
  • Laguna Cliffs Association, Phone Number (909) 444-7655
  • Association Management And Support Services HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Hiking Trails

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,760

Year Built

Built in 1958

Lot Details

0

HOA Fees

$901 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93440026
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1204.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1360.05
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Granite Counters, Stone Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Disposal, Range Hood
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Pet Rules
  • Association Fee: 901.00
  • Association Fee Frequency: Monthly
  • Association Name: Laguna Cliffs
  • Phone: 909-444-7655
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Hiking
  • Association Management: Association Management and Support Services

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230
  • Latitude Manual: 33.54354400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 17
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 626.05
  • Tax Lot: 8
  • Tax Tract Number: 208
  • TaxOtherAnnualAssessmentAmount: 913.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Oct 22, 2024
Sold by
Lydick Trust and Lydick Chip Stewart
Bought by
Assadullah And Najla Mostamand Family Living and Mostamand
Seller's Agent
Kamran Montazami
Re/Max Premier Realty
Buyer's Agent
Mike Fuscaldo
Re/Max Premier Realty
List Price
$2,000,000
Sold Price
$1,637,500
Premium/Discount to List
-$362,500
-18.12%
Total Days on Market
186
Views
197
Current Estimated Value
$1,933,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,413
Avg. Annual Appreciation
33.22%

Purchase Details

Closed on
Mar 18, 2024
Sold by
Martha Lydick Trust
Bought by
Lydick Trust and Lydick

Purchase Details

Closed on
Jun 2, 2020
Sold by
Lydick Martha
Bought by
Lydick Martha and Lydick Chip

Purchase Details

Closed on
Apr 22, 2004
Sold by
Lydick Martha
Bought by
Laguna Cliffs Owners Assn

Purchase Details

Closed on
Apr 19, 2004
Sold by
Laguna Cliffs Owners Assn
Bought by
Lydick Martha

Purchase Details

Closed on
Mar 27, 1996
Sold by
Keller Michael P and Keller Generia V
Bought by
Lydick Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.5%

Purchase Details

Closed on
Oct 1, 1993
Sold by
Benson Brown Kevin G
Bought by
Keller Michael P and Keller Generia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.62%
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 Type Sale Price Title Company
Grant Deed $1,637,500 Orange Coast Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- First American Title Company
Grant Deed -- First American Title Company
Grant Deed $250,000 American Title Ins Co
Grant Deed $235,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,025,000 New Conventional
Previous Owner $100,000 Construction
Previous Owner $259,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $187,500 No Value Available
Previous Owner $160,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $1,637,500 -9.0% $1,360 / Sq Ft
09/13/2024 09/13/24 Price Changed $1,799,000 -7.7% $1,494 / Sq Ft
05/04/2024 05/04/24 Price Changed $1,950,000 -2.5% $1,620 / Sq Ft
04/18/2024 04/18/24 For Sale $2,000,000 0.0% $1,661 / Sq Ft
09/25/2013 09/25/13 Rented $3,350 -6.9% --
09/13/2013 09/13/13 Under Contract -- -- --
07/25/2013 07/25/13 For Rent $3,600 -- --
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 $23,760 $2,244,000 $2,159,024 $84,976
2023 $4,954 $399,182 $308,865 $90,317
2022 $4,827 $391,355 $302,808 $88,547
2021 $4,703 $383,682 $296,871 $86,811
2020 $4,618 $379,748 $293,827 $85,921
2019 $4,516 $372,302 $288,065 $84,237
2018 $4,414 $365,002 $282,416 $82,586
2017 $4,310 $357,846 $276,879 $80,967
2016 $4,212 $350,830 $271,450 $79,380
2015 $4,131 $345,561 $267,373 $78,188
2014 $4,037 $338,792 $262,135 $76,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24066796

California Regional Multiple Listing Service (CRMLS)

APN: 934-400-26