NOT LISTED FOR SALE

Estimated Value: $2,617,399 - $2,912,000

2 Beds
2 Baths
1,674 Sq Ft
$1,663/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $2,000,000 $1,195 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $16,374/month

3 Days on Market

Highlights

  • White Water Ocean Views
  • Updated Kitchen
  • No HOA
  • El Morro Elementary School Rated A+
  • Stone Countertops
  • 2 Car Attached Garage

About This Home

As of June 2021

Welcome to 2672 Pala Way, a beautiful mid-century modern home, nestled in the hillside above world-famous coastline. Resting on a two-car garage you will find a beautiful two-story home built around the captivating views. The main level of the home has an updated kitchen, oversized windows, vaulted ceilings, bedroom, bathroom, laundry and deck with panoramic coastal views. Traveling up the spiral staircase and you will find yourself standing in a spacious bedroom flooded with natural light. The bedroom is equipped with an office area, in-suite bathroom and oversized windows overlooking stunning views. Beyond the bedroom you will find a terraced backyard with a wooden deck. Standing on the deck you will find picturesque views of seemingly endless miles of ocean and coastline. As the sun sets the city is illuminated with thousands of homes creating an entirely new breathtaking view.

Last Agent to Sell the Property

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 04/23/2021

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Co-Listed By

Trevor Stanaland

IS Luxury of California License #01897171

Last Buyer's Agent

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 04/23/2021

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,335

Year Built

  • Built in 1935

Lot Details

  • 3,600 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Interior Spaces

  • 1,674 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Utilities

  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 10 / 8
  • Tax Tract Number 26
  • Assessor Parcel Number 65614512

Community Details

Overview

  • No Home Owners Association
  • Upper Victoria Beach Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,335

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Upper Victoria Beach (UVB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65614512
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1674.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1194.74
  • Room Type: Laundry
  • Bathroom Features: Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Upgraded
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3600.00
  • Lot Size Acres: 0.0826

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3600.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 626.20
  • Tax Lot: 10
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
May 27, 2021
Sold by
Rinkenberger Daniel J
Bought by
Huang Xu and Li Hanli
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$1,995,000
Sold Price
$2,000,000
Premium/Discount to List
$5,000
0.25%
Current Estimated Value
$2,650,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,715
Avg. Annual Appreciation
6.33%
Original Mortgage
$1,390,900
Outstanding Balance
$1,267,485
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,318,690

Purchase Details

Closed on
May 18, 2009
Sold by
Rinkenberger Daniel J
Bought by
Rinkenberger Daniel J

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
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Granger Ronald and Hattenberger Regis
Bought by
Rinkenberger Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$617,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Mason Eva B and Fisher Judith
Bought by
Granger Ronald M and Hattenberger Regis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2000
Sold by
Woodbury Jeanne R
Bought by
Woodbury Jeanne Race and Jeanne Race Woodbury 2000 Revocable Inte
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
Huang Xu $1,987,000 Lawyers Title Company
Rinkenberger Daniel J -- First American Title Company
Rinkenberger Daniel J $1,417,000 Equity Title Company
Granger Ronald M $800,000 Chicago Title Co
Woodbury Jeanne Race -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Xu $1,390,900
Previous Owner Rinkenberger Daniel J $417,000
Previous Owner Rinkenberger Daniel J $617,000
Previous Owner Granger Ronald M $600,000
Closed Rinkenberger Daniel J $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $2,000,000 +0.3% $1,195 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $1,995,000 -- $1,192 / 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 $22,335 $2,150,791 $2,079,093 $71,698
2024 $22,335 $2,108,619 $2,038,326 $70,293
2023 $22,119 $2,067,274 $1,998,359 $68,915
2022 $21,713 $2,026,740 $1,959,176 $67,564
2021 $19,593 $1,824,756 $1,764,615 $60,141
2020 $19,116 $1,806,046 $1,746,521 $59,525
2019 $18,766 $1,770,634 $1,712,276 $58,358
2018 $18,388 $1,735,916 $1,678,702 $57,214
2017 $18,131 $1,701,879 $1,645,786 $56,093
2016 $17,655 $1,668,509 $1,613,515 $54,994
2015 $17,485 $1,643,447 $1,589,279 $54,168
2014 $17,139 $1,611,255 $1,558,148 $53,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21085843

California Regional Multiple Listing Service (CRMLS)

APN: 656-145-12