NOT LISTED FOR SALE

Estimated Value: $3,758,000 - $4,491,000

3 Beds
3 Baths
2,816 Sq Ft
$1,412/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $2,150,000 $763 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $23,182/month

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • 7,200 Sq Ft lot
  • El Morro Elementary School Rated A+
  • Updated Kitchen
  • Fireplace in Primary Bedroom

About This Home

As of August 2018

Luxury Auction!! Selling at or Above $2,099,000!!! Investors Liquidate; Must be sold! This spectacular, completely remodeled, modern styled “Beach Chic” residence spans approximately 3200 square feet including possible artist studio on separate level. The wonderful airy ambiance is enhanced by floor to ceiling windows and glass railings to take advantage of the beautiful stretches of coastal, white water and sand views. Breathtaking views from all rooms will delight your senses. Unique architectural styling includes glass walls, rough sewn ceiling beams, and hardwood floors. Multiple living areas showcase the coastline views of crashing surf and rock outcroppings. Chef-grade kitchen with breakfast bar island and highest end appointments. A professionally designed color scheme plays off the best Laguna Beach has to offer…the Pacific Ocean coastline. Three bedrooms and three bathrooms, with two en-suite. Home could be configured as a 4 bedroom as well. There is a 2 car garage with space for three extra. Privacy abounds in this special Laguna Beach retreat. City of Laguna has this home at just over 2800 sqft with the bottom floor room as a finished basement. All information deemed reliable but not guaranteed by seller and listing agent. Buyer to verify all information to satisfy themselves of any questions regarding home. *** Seller Motivated

Last Agent to Sell the Property

Scott Cohen

Harcourts Signature Properties License #01952896 Listed on: 08/17/2018

Harcourts Signature Properties

Last Buyer's Agent

Robin Booher

Real Broker License #01207213

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,141

Year Built

  • Built in 1975

Lot Details

  • 7,200 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Canyon
  • Hills

Home Design

  • Split Level Home

Interior Spaces

  • 2,816 Sq Ft Home
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Bonus Room
  • Laundry Room
  • Basement

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 26
  • Assessor Parcel Number 65614340

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,141

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Number: 949 500-1656
  • Property Attached: No
  • Subdivision Name Other: Alta Vista (AV)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65614340
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2816.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Living Room Balcony, Living Room Deck Attached
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.00
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Multi/Split
  • Price Per Square Foot: 763.49
  • Room Type: Basement, Bonus Room, Entry, Family Room, Great Room, Living Room, Master Suite, Walk-In Closet, Walk-In Pantry
  • Window Features: Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Lot 6500-9999
  • Lot Size Sq Ft: 7200.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2020
Sold by
Grasso Gabriel Leonardo and Grasso Denise
Bought by
Grasso Gabriel L and Grasso Denise
Current Estimated Value
$3,977,309

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 15, 2018
Sold by
Red Frog Industries Corporation
Bought by
Grasso Gabriel Leonardo and Grasso Denise
Seller's Agent
Scott Cohen
Harcourts Signature Properties
Buyer's Agent
Robin Booher
Real Broker
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$1,415,000
Outstanding Balance
$1,218,426
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,758,883

Purchase Details

Listed on
Jun 4, 2014
Closed on
May 15, 2015
Sold by
Bloem Steven C
Bought by
Red Frog Industries Corporation
Seller's Agent
NoEmail NoEmail
Outside Area Listings
Buyer's Agent
Robert Castaneda
Re/Max Terrasol
List Price
$2,999,999
Sold Price
$1,400,000
Premium/Discount to List
-$1,599,999
-53.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Original Mortgage
$1,325,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2014
Sold by
Bloem Richard E
Bought by
Bloem Richard E

Purchase Details

Closed on
Jun 1, 2012
Sold by
Bloem Connie J
Bought by
Bloem Richard E

Purchase Details

Closed on
Oct 18, 2001
Sold by
Bloem Richard E and Bloem Connie J
Bought by
Bloem Richard E and Bloem Connie J
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
Grasso Gabriel L -- None Available
Grasso Gabriel Leonardo $2,100,000 Wfg National Title Co
Red Frog Industries Corporation $1,350,000 First American Title Company
Bloem Richard E -- None Available
Bloem Richard E -- None Available
Bloem Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grasso Gabriel Leonardo $1,415,000
Previous Owner Red Frog Industries Corporation $1,325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2018 08/17/18 Sold $2,150,000 0.0% $763 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $2,150,000 +53.6% $763 / Sq Ft
05/27/2015 05/27/15 Sold $1,400,000 -6.6% $515 / Sq Ft View Prior Sale
04/11/2015 04/11/15 Pending -- -- --
04/03/2015 04/03/15 Price Changed $1,499,000 -11.8% $552 / Sq Ft
11/18/2014 11/18/14 Price Changed $1,700,000 -15.0% $625 / Sq Ft
07/14/2014 07/14/14 Price Changed $1,999,999 -4.8% $736 / Sq Ft
06/18/2014 06/18/14 Price Changed $2,099,999 -8.7% $773 / Sq Ft
06/05/2014 06/05/14 Price Changed $2,299,999 -23.3% $846 / Sq Ft
06/04/2014 06/04/14 For Sale $2,999,999 -- $1,104 / 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 $24,141 $2,342,588 $1,766,556 $576,032
2024 $24,141 $2,296,655 $1,731,917 $564,738
2023 $23,891 $2,251,623 $1,697,958 $553,665
2022 $23,388 $2,207,474 $1,664,665 $542,809
2021 $23,034 $2,164,191 $1,632,025 $532,166
2020 $22,731 $2,142,000 $1,615,290 $526,710
2019 $22,316 $2,100,000 $1,583,617 $516,383
2018 $15,717 $1,453,555 $1,119,091 $334,464
2017 $15,268 $1,425,054 $1,097,148 $327,906
2016 $14,847 $1,385,473 $1,075,636 $309,837
2015 $9,910 $891,883 $610,538 $281,345
2014 $9,709 $874,413 $598,579 $275,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18201483

California Regional Multiple Listing Service (CRMLS)

APN: 656-143-40