NOT LISTED FOR SALE

251 Lower Cliff Dr Unit 3 Laguna Beach, CA 92651

Main Beach Neighborhood

Estimated Value: $1,713,000 - $2,123,000

2 Beds
2 Baths
1,114 Sq Ft
$1,696/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $990,800 $889 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,669/month

About This Home

As of October 2014

Beautiful furnished penthouse located in the prime heart of Laguna across from Main Beach! Gorgeous upper end unit has unobstructed, panoramic south west views of the ocean, Main Beach, downtown Laguna and the city lights all from your living room! The sound of the waves creates a truly peaceful setting. This unit has been newly renovated in soft, warm, neutral tones, new furnishings and fixtures. Open living area, the kitchen opens to dining and living areas. This spacious 2 bedroom /2 bath unit has its own private ocean view balcony. This prize location is unbeatable being walking distance to all of downtown's best restaurants, art galleries, shopping, grocery stores, post office, banks and several local beaches. Community laundry, a private 1 car garage (extra deep), and all utilities included.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2014
Sold by
Saperstein David and Saperstein Linda
Bought by
Foley Thomas G and Foley Patricia S
Current Estimated Value
$1,888,857

Purchase Details

Closed on
Sep 11, 2009
Sold by
Saperstein David and Saperstein Linda
Bought by
Saperstein David and Saperstein Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,800
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2008
Sold by
Saperstein David and Saperstein Linda
Bought by
Saperstein David and Saperstein Linda

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
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Saperstein David and Saperstein Linda
Bought by
Saperstein David and Saperstein Linda

Purchase Details

Closed on
May 20, 2004
Sold by
Saperstein David and Saperstein Linda
Bought by
Laguna Cliffs Owners Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Laguna Cliffs Owners Assn
Bought by
Saperstein David and Saperstein Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2001
Sold by
Saperstein David
Bought by
Saperstein David and Saperstein Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.09%

Purchase Details

Closed on
Oct 15, 1999
Sold by
Beverly Saperstein
Bought by
Saperstein David
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Foley Thomas G $991,000 Title365
Saperstein David -- Fnt Ie
Saperstein David -- Fidelity National Title Co
Saperstein David -- Fidelity National Title Co
Saperstein David -- --
Laguna Cliffs Owners Assn -- Transcontinental Title Co
Saperstein David -- Transcontinental Title Co
Saperstein David -- Orange Coast Title
Saperstein David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saperstein David $403,800
Previous Owner Saperstein David $417,000
Previous Owner Saperstein David $500,000
Previous Owner Saperstein David $247,000
Previous Owner Saperstein David $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2018 11/07/18 Rented $3,450 -4.2% --
10/29/2018 10/29/18 Under Contract -- -- --
09/29/2018 09/29/18 For Rent $3,600 0.0% --
09/26/2018 09/26/18 Off Market $3,600 -- --
09/24/2018 09/24/18 Price Changed $3,600 -2.7% $3 / Sq Ft
09/20/2018 09/20/18 Price Changed $3,700 -2.6% $3 / Sq Ft
08/31/2018 08/31/18 For Rent $3,800 0.0% --
10/17/2014 10/17/14 Sold $990,800 0.0% $826 / Sq Ft
09/09/2014 09/09/14 Off Market $990,800 -- --
07/06/2014 07/06/14 For Sale $1,149,000 +16.0% $958 / Sq Ft
07/06/2014 07/06/14 Off Market $990,800 -- --
06/17/2014 06/17/14 Price Changed $1,149,000 -8.1% $958 / Sq Ft
03/01/2014 03/01/14 For Sale $1,250,000 -- $1,042 / Sq Ft

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 $12,795 $1,164,494 $1,084,845 $79,649
2023 $12,470 $1,141,661 $1,063,573 $78,088
2022 $12,203 $1,119,276 $1,042,719 $76,557
2021 $11,937 $1,097,330 $1,022,274 $75,056
2020 $11,777 $1,086,079 $1,011,792 $74,287
2019 $11,553 $1,064,784 $991,953 $72,831
2018 $11,314 $1,043,906 $972,503 $71,403
2017 $11,075 $1,023,438 $953,435 $70,003
2016 $10,850 $1,003,371 $934,740 $68,631
2015 $10,670 $988,300 $920,699 $67,601
2014 $5,400 $472,754 $395,586 $77,168
Source: Public Records

Agents Affiliated with this Home

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