NOT LISTED FOR SALE

Estimated Value: $6,540,000 - $6,869,000

5 Beds
5.5 Baths
5,750 Sq Ft
$1,176/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $4,250,000 $739 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $40,666/month

139 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Top Of The World Elementary School Rated A
  • Open Floorplan
  • Wood Flooring

About This Home

As of September 2020

Unobstructed ocean and coastline views from this rare "front row" custom residence. This exquisite property boasts incredible blue water views from room after room and will simply take your breath away. A feeling of serenity and peace sets upon you the moment you walk through the doors of this 5,750 sqft (approx.) 5 bed, 5 1/2 bath + office home that sits on near 8,500 sq. foot lot. The unbridled privacy is one of the best features of this custom built property which offers soaring ceilings in the foyer and generous room sizes and a sense of space and open floor-plan. The home also features a main floor jr. master suite, media room, gym with steam shower, and main floor office. The backyard makes one feel as if they were whisked away to a tropical destination with lush manicured landscaping and with rolling green hills in the background with the ocean as your backdrop. This property will surely not disappoint someone looking for a property with incredible ocean views and a bright and open floor-plan.

Last Agent to Sell the Property

Paul Daftarian

Luxe Real Estate License #01317949 Listed on: 03/21/2020

Co-Listed By

Aaron Andersen

Luxe Real Estate License #01981667

Last Buyer's Agent

Trent Mason

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #02018104

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,800

Year Built

  • Built in 1978

Lot Details

  • 8,475 Sq Ft Lot
  • Stone Wall
  • Wrought Iron Fence
  • Landscaped

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

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

Home Design

  • Turnkey
  • Additions or Alterations
  • Metal Roof

Interior Spaces

  • 5,750 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Beamed Ceilings
  • Recessed Lighting
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 1954
  • Assessor Parcel Number 64113407

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,800

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Top Of The World (TOW)
  • View: Yes
  • Property Condition: Additions/Alterations, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64113407
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5750.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 739.13
  • Room Type: Family Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Stone, Wrought Iron
  • Pool Private: No
  • Roof: Metal
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Freezer, Disposal, Gas Range, Microwave, Range Hood, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 8475.00
  • Lot Size Acres: 0.1946

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8475.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.19
  • Tax Lot: 38
  • Tax Tract Number: 1954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Hoiberg Kirk and Hoiberg Allison
Bought by
Bette & Doug Holdings Llc
Current Estimated Value
$6,760,773

Purchase Details

Listed on
Mar 21, 2020
Closed on
Aug 14, 2020
Sold by
Medve Jakob and Jakob Medve Revocable Trust
Bought by
Hoiberg Kirk and Hoiberg Allison
Seller's Agent
Paul Daftarian
Luxe Real Estate
Buyer's Agent
Trent Mason
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$4,850,000
Sold Price
$4,250,000
Premium/Discount to List
-$600,000
-12.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$2,975,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2009
Sold by
Medve Jakob
Bought by
Medve Jakob and Jakob Medve Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,625,000
Interest Rate
5.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2003
Sold by
Choi Ka Lun
Bought by
Medve Jakob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
5.85%

Purchase Details

Closed on
Aug 11, 2000
Sold by
John Ferrante and John Edward P
Bought by
Choi Ka Lun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Interest Rate
8.11%

Purchase Details

Closed on
Jan 10, 1994
Sold by
Highland Federal Bank
Bought by
Ferrante John and Todeschini Edward P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,300
Interest Rate
7.09%

Purchase Details

Closed on
Nov 17, 1993
Sold by
T D Service Company
Bought by
Highland Fsla Of Los Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,300
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bette & Doug Holdings Llc -- None Available
Hoiberg Kirk $4,250,000 Lawyers Title Company
Medve Jakob -- California Title Company
Medve Jakob $2,100,000 California Title Company
Choi Ka Lun $2,250,000 Southland Title Corporation
Ferrante John $650,000 North American Title Co
Highland Fsla Of Los Angeles $746,646 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoiberg Kirk $2,975,000
Previous Owner Medve Jakob $5,520,139
Previous Owner Medve Jakob $400,000
Previous Owner Medve Jakob $2,625,000
Previous Owner Medve Jakob $3,000,000
Previous Owner Medve Jakob $1,260,000
Previous Owner Medve Jakob $1,900,000
Previous Owner Choi Ka $1,450,000
Previous Owner Choi Ka Lun $1,605,000
Previous Owner Ferrante John $50,000
Previous Owner Ferrante John $605,000
Previous Owner Ferrante John $60,000
Previous Owner Ferrante John $579,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $4,250,000 -2.3% $739 / Sq Ft
06/29/2020 06/29/20 Price Changed $4,350,000 -10.3% $757 / Sq Ft
03/21/2020 03/21/20 For Sale $4,850,000 -- $843 / 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 $46,800 $4,600,336 $3,222,525 $1,377,811
2024 $46,800 $4,510,134 $3,159,338 $1,350,796
2023 $46,024 $4,421,700 $3,097,390 $1,324,310
2022 $45,100 $4,335,000 $3,036,656 $1,298,344
2021 $44,177 $4,250,000 $2,977,113 $1,272,887
2020 $32,110 $3,067,266 $1,843,804 $1,223,462
2019 $31,534 $3,007,124 $1,807,651 $1,199,473
2018 $30,907 $2,948,161 $1,772,207 $1,175,954
2017 $30,282 $2,890,354 $1,737,457 $1,152,897
2016 $29,694 $2,833,681 $1,703,389 $1,130,292
2015 $29,234 $2,791,117 $1,677,803 $1,113,314
2014 $28,666 $2,736,443 $1,644,937 $1,091,506
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20056906

California Regional Multiple Listing Service (CRMLS)

APN: 641-134-07