NOT LISTED FOR SALE

2523 Monaco Dr Laguna Beach, CA 92651

Estimated Value: $8,617,000 - $12,094,574

4 Beds
3.5 Baths
4,600 Sq Ft
$2,262/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2013

Last sale price $9,400,000 $2,043 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $66,457 / mo

1 Day on Market

Highlights

  • White Water Ocean Views
  • Koi Pond
  • Filtered Pool
  • El Morro Elementary School Rated A+
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of October 2013

This home is located at 2523 Monaco Dr, Laguna Beach, CA 92651 since 15 October 2013 and is currently estimated at $10,404,525, approximately $2,261 per square foot. This property was built in 2002. 2523 Monaco Dr is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

Last Agent to Sell the Property

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 10/15/2013

Coldwell Banker Realty

Last Buyer's Agent

Kathryn White

Coldwell Banker Realty License #01346645 Listed on: 10/15/2013

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 11,564 Sq Ft Lot
  • Sprinklers Throughout Yard

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Panoramic

Home Design

  • Copper Roof
  • Stucco

Interior Spaces

  • 4,600 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Great Room with Fireplace
  • Home Theater
  • Library with Fireplace
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • Filtered Pool
  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Enclosed Patio or Porch
  • Koi Pond
  • Lanai
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • 220 Volts in Garage
  • Water Purifier
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 2818
  • Assessor Parcel Number 05331704

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0.27 Acres

HOA Fees

$667 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Irvine Cove (IC)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05331704
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4600.00
  • Interior Amenities: Intercom, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook
  • Fireplace Features: Great Room, Library, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 2043.48
  • Room Type: Great Room, Media Room, Master Suite
  • Spa Features: Heated, In Ground, Private
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Koi Pond, Rain Gutters
  • View: Ocean, Panoramic, White Water
  • Patio And Porch Features: Enclosed, Lanai
  • Pool Features: Filtered, In Ground, Private
  • Pool Private: Yes
  • Roof: Copper
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Dishwasher, Freezer, Range Hood, Microwave, Refrigerator, Warming Drawer, Water Purifier
  • Electric: 220 Volts in Garage, 220 Volts in Laundry
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 8000.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 11564.00
  • Lot Size Acres: 0.2650

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11564.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 2818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Kiani Community Property Trust
Bought by
Kiani Sarah M
Current Estimated Value
$10,404,525

Purchase Details

Closed on
Oct 11, 2018
Sold by
Kiani Massi Joe E and Kiani Family Trust
Bought by
Kiani Massi Joe E Kiani and Kiani Sarah M

Purchase Details

Listed on
Oct 15, 2013
Closed on
Oct 3, 2013
Sold by
Stubban Sandra
Bought by
Kiani Joe E and Kiani Family Trust
Seller's Agent
Kathryn White
Coldwell Banker Realty
Buyer's Agent
Kathryn White
Coldwell Banker Realty
List Price
$9,400,000
Sold Price
$9,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$7,492,000
Interest Rate
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 7, 2012
Closed on
Jul 13, 2012
Sold by
Bauer Warren L and Bauer Lynda M
Bought by
The China Cove Trust
Seller's Agent
Roderic Daley
Coldwell Banker Realty
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$9,780,000
Sold Price
$8,200,000
Premium/Discount to List
-$1,580,000
-16.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%

Purchase Details

Closed on
Sep 7, 2001
Sold by
Halvajian Edward D and Halvajian Joann S
Bought by
Bauer Warren L and Bauer Lynda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
5.87%

Purchase Details

Closed on
May 21, 1996
Sold by
Root Terrell L and Thomas Patricia Thomas
Bought by
Halvajian Edward D and Halvajian Joann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
8.18%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kiani Sarah M -- None Listed On Document
Kiani Massi Joe E Kiani -- None Available
Kiani Joe E $9,365,000 First American Title Company
The China Cove Trust $8,200,000 First American Title Company
Bauer Warren L $4,000,000 North American Title Co
Halvajian Edward D $1,500,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiani Joe E $7,492,000
Previous Owner Bauer Warren L $2,400,000
Previous Owner Halvajian Edward D $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2013 10/17/13 Sold $9,400,000 0.0% $2,043 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/15/2013 10/15/13 For Sale $9,400,000 +14.6% $2,043 / Sq Ft
07/20/2012 07/20/12 Sold $8,200,000 -16.2% $1,783 / Sq Ft View Prior Sale
05/07/2012 05/07/12 For Sale $9,780,000 -- $2,126 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $122,959 $12,248,028 $10,493,675 $1,754,353
2024 $122,959 $12,007,871 $10,287,917 $1,719,954
2023 $120,438 $11,772,423 $10,086,193 $1,686,230
2022 $118,118 $11,541,592 $9,888,425 $1,653,167
2021 $115,797 $11,315,287 $9,694,535 $1,620,752
2020 $114,537 $11,199,263 $9,595,129 $1,604,134
2019 $112,548 $10,979,670 $9,406,989 $1,572,681
2018 $110,347 $10,764,383 $9,222,538 $1,541,845
2017 $108,166 $10,553,317 $9,041,704 $1,511,613
2016 $103,190 $10,058,903 $8,864,416 $1,194,487
2015 $97,336 $9,484,457 $8,731,265 $753,192
2014 $96,152 $9,365,000 $8,560,232 $804,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP13212297

California Regional Multiple Listing Service (CRMLS)

APN: 053-317-04

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