NOT LISTED FOR SALE

255 Cypress Dr Unit 16 Laguna Beach, CA 92651

Estimated Value: $937,000 - $1,422,684

1 Bed
1 Bath
741 Sq Ft
$434/mo HOA Fee

Last Sold February 13, 2024

Last sale price $900,000 $1,215 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,879/month

128 Days on Market

Highlights

  • Water Views
  • Unit is on the top floor
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Property is near a park
  • Granite Countertops

About This Home

As of February 2024

Nestled in the heart of North Laguna, just a short stroll away from the picturesque Main Beach, Heisler park, vibrant restaurants & charming shops, this upgraded top-floor unit offers the quintessential Laguna Beach lifestyle. The unit is situated in the Chadwick Condo complex known for its prime location & coastal charm. Imagine waking up and taking a leisurely walk to the world-famous Main Beach, renowned for its white sandy shores and sparkling blue waters. Enjoy the sun, surf, and coastal beauty at your doorstep. The iconic oceanfront Heisler Park is just steps away providing a tranquil escape with its beautifully landscaped gardens, walking trails & stunning ocean views. Its the perfect spot for picnics, morning yoga, or simply unwinding by the sea. Explore the vibrant dining scene & boutique shops of North Laguna. From casual cafes to upscale restaurants & art galleries, you'll find everything you need within a short distance. This top-floor unit has been thoughtfully upgraded, boasting modern finishes & a fresh, airy ambiance. The kitchen is equipped with pull-out shelves, under-counter & in-cabinet lighting, a Jen-Air Gas range & an LG refrigerator. Enjoy a built-in speaker system in the living room, kitchen & bedroom, creating a harmonious atmosphere for entertainment & relaxation. This unit comes with a rare one-car garage - a coveted feature in Laguna Beach where parking can be a challenge. Park your car or use it for added storage.

Last Agent to Sell the Property

Team Delaney

Windermere Real Estate License #00640259 Listed on: 10/01/2023

Windermere Real Estate

Co-Listed By

LesLee Delaney

BHG Desert Lifestyle Properties License #02143359

Last Buyer's Agent

Lisa Locke

First Team Real Estate License #01228166

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,934

Year Built

  • Built in 1957

HOA Fees

  • $434 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 741 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Custom Window Coverings
  • Living Room
  • Dining Area
  • Water Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Shower Only

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking

Location

  • Unit is on the top floor
  • Property is near a park

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Underground Utilities
  • Shared Water Source
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 89518015

Community Details

Overview

  • Association fees include sewer, water, trash
  • 15 Units
  • On-Site Maintenance

Amenities

  • Laundry Facilities
  • Community Mailbox

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,934

Year Built

Built in 1957

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Top
  • Entry Location: Top Level
  • List Price per Sq Ft: 1252.23
  • Lp Sp Ratio: 0.9700
  • Unit Total In Complex: 15
  • View Type: Water
  • Year Built: 1957
  • Co Listing Office Address: 73260 El Paseo Dr, Ste 3A, Palm Desert, CA 92260
  • Listing I D: 219101805
  • Listing Office Address: 73260 El Paseo Dr, Ste 3A, Palm Desert, CA 92260
  • Selling Office Address: 32451 Golden Lantern #210, Laguna Niguel, CA 92677
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Refrigerator, Disposal
  • Flooring: Carpet, Tile, Hardwood
  • Total Bedrooms: 1
  • Bathroom Features: Remodeled, Tile Shower
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Estimated Sq Ft: 741.00
  • Windows Treatments: Custom Window Covering, Jalousie - Louvered, Drapes

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: On Street, Garage Door Opener
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Mutual Water Source
  • Water Heater Feature: Water Heater Central

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Sewer, Water, Trash
  • Association Amenities: Hot Water, Management, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 434.07
  • Total Monthly Association Fees: 434.00
  • Unit Location: Inside Unit, Second Floor

Lot Info

  • Assessor Parcel Number: 89518015
  • Lot Description: Alley Paved, Utilities Underground, Street Public, Street Paved
  • Lot Location: Park Nearby

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Latimer Grant
Bought by
Grant Latimer Living Trust and Latimer
Current Estimated Value
$1,106,671

Purchase Details

Listed on
Oct 1, 2023
Closed on
Feb 8, 2024
Sold by
Latimer Miki
Bought by
Latimer Grant
Seller's Agent
Team Delaney
Windermere Real Estate
Buyer's Agent
Lisa Locke
First Team Real Estate
List Price
$927,900
Sold Price
$900,000
Premium/Discount to List
-$27,900
-3.01%
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$540,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2023
Closed on
Jan 22, 2024
Sold by
Horn Bryan A
Bought by
Latimer Grant
Seller's Agent
Team Delaney
Windermere Real Estate
Buyer's Agent
Lisa Locke
First Team Real Estate
List Price
$927,900
Sold Price
$900,000
Premium/Discount to List
-$27,900
-3.01%
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Benedict Walter G and Benedict Esther J
Bought by
Horn Bryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 1997
Sold by
Scruggs Donald L
Bought by
Benedict Walter G and Benedict Esther J

Purchase Details

Closed on
Apr 5, 1993
Sold by
Scruggs Donald L
Bought by
Scruggs Donald L
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
Grant Latimer Living Trust -- Orange Coast Title
Grant Latimer Living Trust -- Orange Coast Title
Latimer Grant -- Western Resources Title Compan
Latimer Grant $900,000 Western Resources Title
Horn Bryan A $435,000 Equity Title Company
Benedict Walter G $135,000 Guardian Title Company
Scruggs Donald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latimer Grant $540,000
Previous Owner Horn Bryan A $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2024 02/13/24 Sold $900,000 -3.0% $1,215 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
10/01/2023 10/01/23 For Sale $927,900 -- $1,252 / Sq Ft
Source: California Desert Association of REALTORS®

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 $6,934 $918,000 $858,605 $59,395
2024 $6,934 $594,456 $521,211 $73,245
2023 $6,742 $582,800 $510,991 $71,809
2022 $6,580 $571,373 $500,972 $70,401
2021 $6,421 $560,170 $491,149 $69,021
2020 $6,318 $554,427 $486,113 $68,314
2019 $6,185 $543,556 $476,581 $66,975
2018 $6,050 $532,899 $467,237 $65,662
2017 $5,912 $522,450 $458,075 $64,375
2016 $5,782 $512,206 $449,093 $63,113
2015 $5,677 $504,513 $442,348 $62,165
2014 $5,552 $494,631 $433,683 $60,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219101805

California Desert Association of REALTORS®

APN: 895-180-15