NOT LISTED FOR SALE

2968 Terry Rd Laguna Beach, CA 92651

Estimated Value: $1,931,000 - $2,691,000

2 Beds
1 Bath
1,200 Sq Ft
$1,853/Sq Ft Est. Value

Last Sold August 03, 2012

Last sale price $920,000 $767 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $12,562/month

91 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Fireplace
  • El Morro Elementary School Rated A+
  • Cottage
  • Enclosed Patio or Porch

About This Home

As of August 2012

Enjoy ocean views and unforgettable sunsets from this charming cottage located in coveted Victoria Beach. This adorable beach home features open-beamed ceilings, hardwood floors, sunroom to enjoy the views, kitchen with large pantry and a formal dining room. Home also has indoor laundry. Private tranquil back yard has a fountain and barbeque, perfect for entertaining! Great neighborhood, just minutes to town- walk to beach, restaurants and other Laguna Beach attractions.

Last Agent to Sell the Property

Danielle Purcell

Team Laguna Inc License #01063725 Listed on: 04/06/2012

Co-Listed By

Laura Baptista

Team Laguna Inc License #01753586

Last Buyer's Agent

Ken Hanzlik

Compass License #01904189

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 2,045

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Cottage
  • Plaster

Interior Spaces

  • 1,200 Sq Ft Home
  • Fireplace
  • Dining Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating Available
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • 2,045 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 0.05 / H
  • Tax Tract Number 25
  • Assessor Parcel Number 65616616

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Upper Victoria Beach
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65616616
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 766.67

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Fence: No
  • Patio And Porch Features: Enclosed
  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 2045.00
  • Lot Size Acres: 0.0470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2045.0000 Square Feet

Tax Info

  • Tax Block: H
  • Tax Lot: 0.05
  • Tax Tract Number: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2012
Closed on
Jul 30, 2012
Sold by
Schwarm Heather M and Schwarm Carl R
Bought by
Moore Russell A and Moore Jane L
Seller's Agent
Danielle Purcell
Team Laguna Inc
Buyer's Agent
Ken Hanzlik
Compass
List Price
$1,195,000
Sold Price
$920,000
Premium/Discount to List
-$275,000
-23.01%
Current Estimated Value
$2,223,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,386
Avg. Annual Appreciation
6.73%
Original Mortgage
$736,000
Outstanding Balance
$589,233
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,634,153

Purchase Details

Closed on
Mar 15, 2007
Sold by
Schwarm Carl R and Schwarm Heather M
Bought by
Schwarm Carl R and Schwarm Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1997
Sold by
Smith Andrew B
Bought by
Schwarm Carl R and Schwarm Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.61%

Purchase Details

Closed on
Jun 16, 1997
Sold by
Smith Julie Ann
Bought by
Smith Andrew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Moore Russell A $920,000 Chicago Title Company
Schwarm Carl R -- Alliance Title Company
Schwarm Carl R $290,000 --
Smith Andrew B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Russell A $736,000
Previous Owner Schwarm Carl R $600,000
Previous Owner Schwarm Carl R $232,000
Closed Schwarm Carl R $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2012 08/03/12 Sold $920,000 -5.1% $767 / Sq Ft
07/06/2012 07/06/12 Pending -- -- --
06/29/2012 06/29/12 Price Changed $969,000 -0.8% $808 / Sq Ft
06/27/2012 06/27/12 Price Changed $977,000 -0.1% $814 / Sq Ft
06/22/2012 06/22/12 Price Changed $978,000 -0.1% $815 / Sq Ft
06/20/2012 06/20/12 Price Changed $979,000 -0.3% $816 / Sq Ft
06/15/2012 06/15/12 Price Changed $982,000 -0.1% $818 / Sq Ft
06/14/2012 06/14/12 Price Changed $982,500 -0.1% $819 / Sq Ft
06/08/2012 06/08/12 Price Changed $983,000 -0.1% $819 / Sq Ft
06/04/2012 06/04/12 Price Changed $983,500 -0.1% $820 / Sq Ft
05/31/2012 05/31/12 Price Changed $984,500 -0.5% $820 / Sq Ft
05/27/2012 05/27/12 Price Changed $989,500 -1.0% $825 / Sq Ft
04/20/2012 04/20/12 Price Changed $999,999 -9.1% $833 / Sq Ft
04/09/2012 04/09/12 Price Changed $1,100,000 -7.9% $917 / Sq Ft
04/06/2012 04/06/12 For Sale $1,195,000 -- $996 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,198 $1,132,908 $1,075,402 $57,506
2024 $12,198 $1,110,695 $1,054,316 $56,379
2023 $12,215 $1,088,917 $1,033,643 $55,274
2022 $11,923 $1,067,566 $1,013,375 $54,191
2021 $11,635 $1,046,634 $993,505 $53,129
2020 $11,448 $1,035,903 $983,318 $52,585
2019 $11,226 $1,015,592 $964,038 $51,554
2018 $10,992 $995,679 $945,135 $50,544
2017 $11,109 $976,156 $926,603 $49,553
2016 $11,219 $957,016 $908,434 $48,582
2015 $11,034 $942,641 $894,788 $47,853
2014 $10,824 $924,176 $877,260 $46,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L38547

California Regional Multiple Listing Service (CRMLS)

APN: 656-166-16

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