NOT LISTED FOR SALE

2690 Park Ave Laguna Beach, CA 92651

Top of the World Neighborhood

Estimated Value: $5,379,000 - $6,111,536

0.27 Acre
$21,558,685 Price per Acre
11,761 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $1,400,000 $1,022 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $34,827/month

172 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Back Yard
  • Top Of The World Elementary School Rated A
  • No HOA
  • 3-minute walk to Ken Frank View Park

About This Lot

As of September 2016

Beautiful Tip to Tip Catalina Views, preserved open space views, Sunset Ocean views up the coast to Palos Verdes. Your choice of finish materials to customize to your personal tastes. Some features in the plans include multiple fireplaces, stone floors, unique woods, elevator, grey water system. Designed by Laguna Beach Architect-Robert McGraw. Construction by Laguna Beach General Contractor-Richard Lucidi. The foundation is approximately 80% complete on the 11,761 sq ft lot for the new owner to take the Fully Approved and Permitted project for a 4 bedroom, 4.5 bath, 4100 Sq Ft 3 level custom home to completion. Build out estimates from $1M to $1.5M+.

Last Agent to Sell the Property

Mitch Frisch

HomeSmart, Evergreen Realty License #01323326 Listed on: 03/29/2016

HomeSmart, Evergreen Realty

Last Buyer's Agent

Ali Parvaneh

Barrister Realty License #01715925

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,641

Lot Details

  • 0.27 Acre Lot
  • Chain Link Fence
  • Lot Sloped Down
  • Back Yard
  • Property is zoned R1

Property Views

  • Ocean
  • Panoramic
  • Canyon
  • Hills

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 4989
  • Assessor Parcel Number 64101221

Community Details

Overview

  • No Home Owners Association

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$33,641

Lot Details

0

Listing Details

  • Inclusions: newer foundation, building permits, architectural plans, and up to date fees paid
  • Improvements Amount: 600000
  • Other Phone Description: Cell
  • Other Phone Number: 949.292.9944
  • Subdivision Name Other: Park Avenue Estates (PKE)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 64101221
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 119.04

Exterior Features

  • View: Canyon, Hills, Ocean, Panoramic
  • Fencing: Chain Link

Utilities

  • Utilities: Sewer Connected, Sewer Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Value: 1300000
  • Lot Features: Back Yard, Sloped Down, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 11761.00
  • Price Per Lot Square Foot: 135.96
  • Lot Size Acres: 0.2700

Multi Family

  • Lot Size Area: 11761.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: 53
  • Tax Tract Number: 4989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Daneshmand Hootan M and Hootan M Daneshmand Revocable
Bought by
Daneshmand Hootan M and Hootan M Daneshmand Revocable
Current Estimated Value
$5,849,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Outstanding Balance
$1,644,188
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,176,657

Purchase Details

Closed on
Jan 17, 2021
Sold by
Daneshmand Hootan M and Hootan M Daneshmand Revocable
Bought by
Daneshmand Hootan M and Tayareh Mitra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Outstanding Balance
$1,644,188
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$4,176,657

Purchase Details

Closed on
Jun 22, 2016
Sold by
Russell Rosalind C
Bought by
Daneshmand Hootan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2006
Sold by
Russell Richard B
Bought by
Russell Rosalind C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,738
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Russell Rosalind
Bought by
Russell Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 23, 2004
Sold by
Russell Richard B
Bought by
Russell Rosalind

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 14, 2003
Sold by
Bass Lou
Bought by
Russell Richard B
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
Daneshmand Hootan M -- Fntg Lenders Direct
Daneshmand Hootan M -- None Available
Daneshmand Hootan M $1,400,000 First American Title Company
Russell Rosalind C -- First American Title Co
Russell Richard B -- Ati
Russell Rosalind -- Ati
Russell Richard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daneshmand Hootan M $1,830,000
Closed Daneshmand Hootan M $1,850,000
Previous Owner Daneshmand Hootan M $1,800,000
Previous Owner Russell Rosalind C $367,738
Previous Owner Russell Rosalind $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $1,400,000 -22.2% $1,022 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $1,800,000 -- $1,314 / 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 $33,641 $3,279,017 $1,715,847 $1,563,170
2024 $33,641 $3,214,723 $1,682,203 $1,532,520
2023 $33,168 $3,151,690 $1,649,219 $1,502,471
2022 $32,485 $3,089,893 $1,616,882 $1,473,011
2021 $31,804 $3,029,307 $1,585,178 $1,444,129
2020 $31,410 $2,998,246 $1,568,924 $1,429,322
2019 $29,158 $2,773,315 $1,538,160 $1,235,155
2018 $20,316 $1,918,572 $1,508,000 $410,572
2017 $15,129 $1,400,000 $1,400,000 $0
2016 $4,034 $311,590 $311,590 $0
2015 $3,953 $306,910 $306,910 $0
2014 $3,865 $300,899 $300,899 $0
Source: Public Records

Agents Affiliated with this Home

  • Mitch Frisch

    Seller's Agent in 2016

    Mitch Frisch

    HomeSmart, Evergreen Realty

    (949) 292-9944

    13 Total Sales

    Section Image
  • Ali Parvaneh

    Buyer's Agent in 2016

    Ali Parvaneh

    Barrister Realty

    (949) 756-9050

    9 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16000598

California Regional Multiple Listing Service (CRMLS)

APN: 641-012-21

California Orange County Laguna Beach 92651 Top of the World

2690 Park Ave, Laguna Beach, CA

This home is located at 2690 Park Ave, Laguna Beach, CA 92651 since 29 March 2016 and is currently estimated at $5,820,845, approximately $4,248 per square foot. 2690 Park Ave is a home located in Orange County with nearby schools including Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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