NOT LISTED FOR SALE

Estimated Value: $2,484,000 - $3,142,000

4 Beds
3 Baths
1,836 Sq Ft
$1,539/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2022

Last sale price $2,400,000 $1,307 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,232 / mo

42 Days on Market

Highlights

  • Ocean View
  • Private Pool
  • Main Floor Bedroom
  • Top Of The World Elementary School Rated A+
  • 0.68 Acre Lot
  • No HOA

About This Home

As of August 2022

You won't believe this place! Nestled in the coveted neighborhood of Top of the World, you'll find this ocean view ranch in the middle of Laguna Beach. Watch the deer and enjoy the peace and tranquility as you enjoy the Catalina sunsets from this magical wonderland! With the original owner since 1967, this home evokes pride of ownership and is a true diamond in the rough. Nestled on a flat lot of nearly 30,000-square feet, enjoy a hillside portion of the lot with great sun exposure, ideal for grapes, citrus or anything else you can imagine. Currently this four bedroom, two bath single-level ranch-style home surrounds a fantastic pool and backyard. Yes, it needs some TLC, but this property provides an oasis that is one of a kind that you cannot replicate, ANYWHERE. You do not want to miss this once-in-a-lifetime opportunity!

Last Agent to Sell the Property

Marcus Skenderian

Compass License #01115339 Listed on: 06/09/2022

Compass

Co-Listed By

Luke Sydnor

Compass License #02135102

Last Buyer's Agent

Amanda Horton

Engel & Völkers License #01357096

Engel & Völkers

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 29,700 Sq Ft Lot
  • Flag Lot
  • Garden
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Mountain
  • Hills

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Schools

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

Additional Features

  • Private Pool
  • Private Water Source

Community Details

  • No Home Owners Association
  • Top Of The World Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 4989
  • Assessor Parcel Number 64105211
  • $1,096 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0.68 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Top Of The World (TOW)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64105211
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1836.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1307.19
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Catalina, Coastline, Hills, Mountain(s), Ocean, Panoramic, Water
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Schools

  • 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: Back Yard, Garden, Lot 20000-39999 Sqft, Flag Lot
  • Lot Size Sq Ft: 29700.00
  • Lot Size Acres: 0.6818

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.19
  • Tax Lot: 19
  • Tax Tract Number: 4989
  • TaxOtherAnnualAssessmentAmount: 1096.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 15, 2022
Sold by
Russell Family Trust
Bought by
Bodhisattva Trust
Seller's Agent
Marcus Skenderian
Compass
Buyer's Agent
Amanda Horton
Engel & Völkers
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%
Views
24
Current Estimated Value
$2,825,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,336
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,920,000
Outstanding Balance
$1,832,510
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$992,826

Purchase Details

Closed on
Dec 30, 1998
Sold by
Russell Robert E and Russell Beth Shana
Bought by
Russell Robert E and Russell Shana Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.73%
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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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
Bodhisattva Trust $2,400,000 Equity Title
Russell Robert E -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodhisattva Trust $1,920,000
Previous Owner Russell Robert E $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $2,400,000 -11.1% $1,307 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $2,699,000 -1.9% $1,470 / Sq Ft
06/09/2022 06/09/22 For Sale $2,750,000 -- $1,498 / 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 $25,782 $2,496,960 $2,353,664 $143,296
2024 $25,782 $2,448,000 $2,307,513 $140,487
2023 $25,487 $2,400,000 $2,262,267 $137,733
2022 $2,199 $107,788 $42,758 $65,030
2021 $2,096 $105,675 $41,920 $63,755
2020 $2,008 $104,592 $41,490 $63,102
2019 $1,948 $102,542 $40,677 $61,865
2018 $1,894 $100,532 $39,880 $60,652
2017 $1,836 $98,561 $39,098 $59,463
2016 $1,782 $96,629 $38,331 $58,298
2015 $1,732 $95,178 $37,755 $57,423
2014 $1,685 $93,314 $37,015 $56,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22120724

California Regional Multiple Listing Service (CRMLS)

APN: 641-052-11

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