NOT LISTED FOR SALE

2521 Park Ave Laguna Beach, CA 92651

Estimated Value: $4,070,000 - $4,988,000

4 Beds
3 Baths
3,348 Sq Ft
$1,368/Sq Ft Est. Value

Last Sold March 29, 2017

Last sale price $2,300,000 $687 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $27,088/month

16 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Property is near a park
  • Top Of The World Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 1-minute walk to Ken Frank View Park

About This Home

As of March 2017

This home is on hold pending some small changes being done to the kitchen. Call, if you have a client who needs to see it in the meantime. This may be the best buy on the market, having now been reduced $850,000. This home sits on a little over 1/2 acre with expansive views of the ocean, Catalina Island and the San Clemente Islands (on a clear day) plus expansive canyon and hillside views, too. The home is in beautiful condition and shows well. Situated back off the street there is off-street parking for up to 8 cars in addition to the 3-car garage. There is an automatic gate that encloses the property making it extremely private. Looking for a large master bedroom suite with a closet to match? You'll find it here along with direct access to 2 external decks. There is a main floor bedroom currently being used as a den/office with closet space and built in desk area. Kids can walk to Thurston Middle School or Top of the World Elementary school or hop on the trolley which stops across the street to ride for free down to the village and stops along the way. There is a great hiking trail right across the street, as well plus a great park, tennis courts and more trails at the top of the hill. If you overlooked this property before, because of price, don't wait any longer, because at this price it will attract a lot of potential buyers.

Last Agent to Sell the Property

Barbara Amstadter

Barbara Amstadter, Broker License #00916704 Listed on: 01/03/2017

Co-Listed By

Marcus Skenderian

Compass License #01115339

Last Buyer's Agent

Clark Smith

Realatrends License #00410465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,667

Year Built

  • Built in 1981

Lot Details

  • 0.53 Acre Lot
  • Landscaped
  • Garden

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Automatic Gate

Property Views

  • Ocean
  • Panoramic
  • Canyon
  • Hills

Home Design

  • Traditional Architecture
  • Copper Plumbing

Interior Spaces

  • 3,348 Sq Ft Home
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Intercom
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Built-In Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 10044
  • Assessor Parcel Number 64145204

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,667

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9495000155
  • Other Phone Number: 9495000155
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64145204
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3348.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Intercom, Living Room Deck Attached
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Family Kitchen
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 686.98
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Master Suite, Separate Family Room, Walk-In Closet
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Canyon, Hills, Ocean, Panoramic, Water
  • Patio And Porch Features: Deck, Patio Open, Stone
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Range, Ice Maker, Trash Compactor
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Landscaped, Lot 20000-39999 Sqft, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 23000.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 626.19
  • Tax Lot: 10
  • Tax Tract Number: 10044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Arum Richard B and Malczewski Joan
Bought by
Arum Malczlwski 2024 Trust and Arum
Current Estimated Value
$4,511,015

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 14, 2017
Sold by
Capretz James T and Capretz Cindy Lee
Bought by
Arum Richard B and Malczewski Joan M
Seller's Agent
Barbara Amstadter
Barbara Amstadter, Broker
Buyer's Agent
Clark Smith
Realatrends
List Price
$2,349,000
Sold Price
$2,300,000
Premium/Discount to List
-$49,000
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.07%
Original Mortgage
$1,250,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2002
Sold by
Capretz James T and Capretz Cindy Lee
Bought by
Capretz James T and Capretz Cindy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 24, 1995
Sold by
Adams Steven M and Adams Julie M
Bought by
Capretz James T and Capretz Cindy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,809
Interest Rate
8.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 23, 1993
Sold by
Home Savings Of America Fsb
Bought by
Adams Steven M and Adams Julie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.34%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Arum Malczlwski 2024 Trust -- None Listed On Document
Arum Richard B -- None Listed On Document
Arum Richard B $2,300,000 Chicago Title
Capretz James T -- --
Capretz James T $6,545 Chicago Title Company
Adams Steven M $580,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arum Richard B $858,200
Previous Owner Arum Richard B $1,500,000
Previous Owner Arum Richard B $1,250,000
Previous Owner Capretz James T $250,000
Previous Owner Capretz James T $1,000,000
Previous Owner Capretz James T $90,000
Previous Owner Capretz James T $752,000
Previous Owner Capretz James T $545,000
Previous Owner Capretz James T $200,000
Previous Owner Capretz James T $543,000
Previous Owner Capretz James T $635,809
Previous Owner Adams Steven M $464,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2017 03/29/17 Sold $2,300,000 -2.1% $687 / Sq Ft
01/19/2017 01/19/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $2,349,000 +2.1% $702 / Sq Ft
01/05/2017 01/05/17 Off Market $2,300,000 -- --
01/03/2017 01/03/17 For Sale $2,349,000 -- $702 / 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 $28,667 $2,960,683 $1,829,223 $1,131,460
2024 $28,667 $2,724,973 $1,793,355 $931,618
2023 $27,235 $2,565,692 $1,758,191 $807,501
2022 $26,664 $2,515,385 $1,723,717 $791,668
2021 $26,094 $2,466,064 $1,689,918 $776,146
2020 $25,759 $2,440,778 $1,672,590 $768,188
2019 $25,293 $2,392,920 $1,639,794 $753,126
2018 $24,787 $2,346,000 $1,607,641 $738,359
2017 $11,380 $1,037,606 $336,324 $701,282
2016 $11,146 $1,017,261 $329,729 $687,532
2015 $10,959 $1,001,981 $324,776 $677,205
2014 $10,736 $982,354 $318,414 $663,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP17001494

California Regional Multiple Listing Service (CRMLS)

APN: 641-452-04