NOT LISTED FOR SALE

Estimated Value: $2,596,000 - $3,933,000

3 Beds
3 Baths
1,500 Sq Ft
$2,081/Sq Ft Est. Value

Last Sold November 01, 2014

Last sale price $1,425,000 $950 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $18,362/month

505 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Cathedral Ceiling
  • Great Room

About This Home

As of November 2014

This classic ocean view Laguna cottage has been lovingly maintained by the same family for nearly 50 years. In a perfect Victoria Beach location, the home offers a heavenly beach retreat and is only steps from one of the most beautiful beaches on the coast. The cottage has been recently remodeled with new kitchen and baths, roof, dual-paned windows and fresh paint. There is one bedroom, two baths and great room on street level. The lower level, with separate entrance, provides two bedrooms and one bath. Ample deck space is ideal for entertaining and watching the ever changing ocean views.

Last Agent to Sell the Property

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 05/13/2013

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Last Buyer's Agent

John Cameron Hamil

First Team Real Estate License #01905515

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,868

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 3,485

Parking

  • 1 Car Attached Garage

Home Design

  • Cottage
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Great Room
  • Living Room with Fireplace
  • Storage
  • Wood Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Deck
  • Stone Porch or Patio
  • Outdoor Grill

Additional Features

  • Doors swing in
  • 3,485 Sq Ft Lot
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Tax Tract Number 414
  • Assessor Parcel Number 65615157

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,868

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained
  • Subdivision Name Other: Victoria Beach (VB)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65615157
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 950.00
  • Room Type: Great Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Ocean, Water
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Lot: 1
  • Tax Tract Number: 414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Oct 6, 2014
Sold by
Reames James Matthew
Bought by
Cordano Kevin A and Cordano Fa Fa J
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
John Cameron Hamil
First Team Real Estate
List Price
$2,350,000
Sold Price
$1,425,000
Premium/Discount to List
-$925,000
-39.36%
Current Estimated Value
$3,120,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,695,899
Avg. Annual Appreciation
7.67%
Original Mortgage
$1,068,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2013
Sold by
Reames James M
Bought by
Reames James Matthew and James Matthew Reames Iii Revocable Trust

Purchase Details

Closed on
Apr 16, 2002
Sold by
Reames Rosalita L and Reames James M
Bought by
Reames Rosalita L and Rosalita L Reames Two Year Personal Resi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 11, 1998
Sold by
Reames Rosalita L
Bought by
Reames Rosalita L and Rosalita L Reames Two Year Personal Resi
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
Cordano Kevin A $1,425,000 Western Resources Title
Reames William C -- Western Resources Title Co
Reames Darryl A -- Western Resources Title Co
Reames James Matthew -- None Available
Reames James Matthew -- None Available
Reames Rosalita L -- First American Title Ins Co
Reames Rosalita L -- First American Title Ins Co
Reames Rosalita L -- --
Reames Rosalita L -- --
Reames Rosalita L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordano Kevin A $1,051,000
Closed Cordano Kevin A $1,068,750
Previous Owner Reames Rosalita L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2014 11/01/14 Sold $1,425,000 -15.9% $950 / Sq Ft
03/20/2014 03/20/14 Price Changed $1,695,000 -5.6% $1,130 / Sq Ft
01/09/2014 01/09/14 Price Changed $1,795,000 -10.0% $1,197 / Sq Ft
08/03/2013 08/03/13 Price Changed $1,995,000 -9.1% $1,330 / Sq Ft
07/16/2013 07/16/13 Price Changed $2,195,000 -6.6% $1,463 / Sq Ft
05/13/2013 05/13/13 For Sale $2,350,000 -- $1,567 / 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 $17,868 $1,712,633 $1,671,617 $41,016
2024 $17,868 $1,679,052 $1,638,840 $40,212
2023 $17,761 $1,646,130 $1,606,706 $39,424
2022 $17,374 $1,613,853 $1,575,202 $38,651
2021 $16,988 $1,582,209 $1,544,315 $37,894
2020 $16,754 $1,565,986 $1,528,480 $37,506
2019 $16,446 $1,535,281 $1,498,510 $36,771
2018 $16,241 $1,505,178 $1,469,128 $36,050
2017 $15,782 $1,475,665 $1,440,321 $35,344
2016 $15,470 $1,446,731 $1,412,080 $34,651
2015 $15,334 $1,425,000 $1,390,869 $34,131
2014 $1,685 $86,298 $70,056 $16,242
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13088467

California Regional Multiple Listing Service (CRMLS)

APN: 656-151-57