NOT LISTED FOR SALE

Estimated Value: $2,229,000 - $2,610,000

2 Beds
2 Baths
1,001 Sq Ft
$2,486/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $2,150,000 $2,148 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,780/month

10 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 1 Car Attached Garage
  • El Morro Elementary School Rated A+
  • Beamed Ceilings
  • Living Room

About This Home

As of January 2023

Where the land is high above the sea sits a spectacular beach cottage in the seaside village of Laguna Beach. Built in 1923, when rumrunners used the coves to hide their boats evading federal agents during Prohibition; Mary Pickford & Douglas Fairbanks, Jr. cut the ribbon dedicating Pacific Coast Highway, connecting Newport Beach to Dana Point.

Enjoy this charming 2 Bedroom/2 Bath cottage with gorgeous ocean views from dining, kitchen, living and front deck areas. Large backyard deck area, front deck, single car garage with storage area, separate laundry room, landscaped yard, 2-3 parking spaces in driveway. Approximate 500 steps to stunning Victoria Beach!

Last Agent to Sell the Property

Ann Metzger

The Agency License #01456027 Listed on: 12/07/2022

The Agency

Last Buyer's Agent

Nat Ferguson

Splash Real Estate License #01387196

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,017

Year Built

  • Built in 1923

Lot Details

  • 2,400 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Hills

Interior Spaces

  • 1,001 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association
  • Upper Victoria Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / L
  • Tax Tract Number 25
  • Assessor Parcel Number 65610516

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,017

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Wall coverings, appliances, washer & dryer.
  • Property Attached: No
  • Subdivision Name Other: Upper Victoria Beach (UVB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65610516
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1001.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2147.85
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom

Exterior Features

  • View: Hills, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0551

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: L
  • Tax Census Tract: 626.20
  • Tax Lot: 2
  • Tax Tract Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Jan 4, 2023
Sold by
Zellner Jennifer L
Bought by
Zellner Jeffrey
Seller's Agent
Ann Metzger
The Agency
Buyer's Agent
Nat Ferguson
Splash Real Estate
List Price
$2,150,000
Sold Price
$2,150,000
Views
19
Current Estimated Value
$2,488,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,436
Avg. Annual Appreciation
3.38%
Original Mortgage
$1,500,000
Outstanding Balance
$1,460,617
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$870,773

Purchase Details

Listed on
Dec 7, 2022
Closed on
Dec 20, 2022
Sold by
Gary Carmel Trust
Bought by
Zellner Jeffrey
Seller's Agent
Ann Metzger
The Agency
Buyer's Agent
Nat Ferguson
Splash Real Estate
List Price
$2,150,000
Sold Price
$2,150,000
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,460,617
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$870,773

Purchase Details

Closed on
Feb 27, 2020
Sold by
Carmell Gary C and Carmell Living Trust
Bought by
Carmell Gary C and Gary Carmell Trust

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 23, 2013
Sold by
Rausch Kathleen G
Bought by
Carmell Gary C and Carmell Roneet
Seller's Agent
Ann Metzger
The Agency
Buyer's Agent
Ann Metzger
The Agency
List Price
$1,100,000
Sold Price
$1,022,500
Premium/Discount to List
-$77,500
-7.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$715,750
Interest Rate
1.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2010
Sold by
Rausch Philip T and Rausch Kathleen G
Bought by
Rausch Kathleen G and Kathleen G Rausch Revocable Trust

Purchase Details

Closed on
Jul 6, 2006
Sold by
Rausch Philip T and Rausch Kathleen G
Bought by
Rausch Philip T and Rausch Kathleen G

Purchase Details

Closed on
Nov 1, 2000
Sold by
Currie Kathleen G and Currie Kathleen G
Bought by
Rausch Philip T and Rausch Kathleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.82%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Va
Bought by
Hickman Benny Lee and Hickman Catherine Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.82%
Source: Public Records

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Range of Values:

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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
Zellner Jeffrey -- Ticor Title
Zellner Jeffrey $2,150,000 Ticor Title
Carmell Gary C -- None Available
Carmell Gary C $1,022,500 Ticor Title Tustin Orange Co
Rausch Kathleen G -- None Available
Rausch Philip T -- Accommodation
Rausch Philip T -- United Title Company
Hickman Benny Lee -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zellner Jeffrey $1,500,000
Previous Owner Carmell Gary C $715,750
Previous Owner Rausch Philip T $285,000
Previous Owner Rausch Philip T $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $2,150,000 0.0% $2,148 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $2,150,000 0.0% $2,148 / Sq Ft
06/25/2020 06/25/20 Rented $5,000 -3.8% --
05/19/2020 05/19/20 Price Changed $5,200 -5.5% $5 / Sq Ft
03/02/2020 03/02/20 For Rent $5,500 +12.2% --
03/27/2019 03/27/19 Rented $4,900 -2.0% --
03/13/2019 03/13/19 Price Changed $5,000 -3.8% $5 / Sq Ft
02/09/2019 02/09/19 Price Changed $5,200 0.0% $5 / Sq Ft
02/09/2019 02/09/19 For Rent $5,200 -5.5% --
12/28/2018 12/28/18 Off Market $5,500 -- --
11/05/2018 11/05/18 For Rent $5,500 +10.1% --
01/13/2016 01/13/16 Rented $4,995 0.0% --
12/06/2015 12/06/15 For Rent $4,995 0.0% --
09/10/2013 09/10/13 Sold $1,022,500 -2.6% $1,023 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
06/12/2013 06/12/13 Price Changed $1,050,000 -4.5% $1,050 / Sq Ft
04/12/2013 04/12/13 For Sale $1,100,000 +7.6% $1,100 / Sq Ft
03/23/2013 03/23/13 Off Market $1,022,500 -- --
03/12/2013 03/12/13 For Sale $1,100,000 -- $1,100 / 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
2024 $23,017 $2,193,000 $2,141,469 $51,531
2023 $13,515 $1,210,358 $1,171,088 $39,270
2022 $13,201 $1,186,626 $1,148,126 $38,500
2021 $12,889 $1,163,359 $1,125,613 $37,746
2020 $12,690 $1,151,431 $1,114,072 $37,359
2019 $12,448 $1,128,854 $1,092,227 $36,627
2018 $12,191 $1,106,720 $1,070,811 $35,909
2017 $11,933 $1,085,020 $1,049,815 $35,205
2016 $11,574 $1,063,746 $1,029,231 $34,515
2015 $11,496 $1,047,768 $1,013,771 $33,997
2014 $11,216 $1,022,500 $993,912 $28,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22252135

California Regional Multiple Listing Service (CRMLS)

APN: 656-105-16