NOT LISTED FOR SALE

Estimated Value: $7,643,000 - $9,170,460

3 Beds
6 Baths
3,100 Sq Ft
$2,779/Sq Ft Est. Value

About This Home

This home is located at 31051 S Coast Hwy, Laguna Beach, CA 92651 and is currently estimated at $8,615,487, approximately $2,779 per square foot. 31051 S Coast Hwy is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2019
Sold by
Gibson Timothy E
Bought by
31051 Coast Highway Llc
Current Estimated Value
$8,615,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,600,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 25, 2016
Sold by
Gibson Sari
Bought by
Gibson Timothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 4, 2016
Sold by
Gibson Timothy E
Bought by
Gibson Timothy E and The Timothy E Gibson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2015
Sold by
Gibson Timothy E
Bought by
Gibson Timothy E and Timothy E Gibson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2014
Sold by
Gibson Timothy E
Bought by
Gibson Timothy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2013
Sold by
Meltzer Peter T and Meltzer Carol
Bought by
Gibson Timothy E and Timothy E Gibson Living Trust

Purchase Details

Closed on
Mar 15, 2006
Sold by
Midstream Exchange Co
Bought by
Meltzer Peter T and Meltzer Carol

Purchase Details

Closed on
Jan 16, 2004
Sold by
Graham Patrick L and Graham Joanne C
Bought by
Midstream Exchange Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,650,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2003
Sold by
Goldschmidt Anthony and Goldschmidt Joy
Bought by
Graham Patrick L and Graham Joanne C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
31051 Coast Highway Llc $9,900,000 Chicago Title Company
Gibson Timothy E -- Old Republic Title Company
Gibson Timothy E -- Accommodation
Gibson Timothy E -- Old Republic Title Company
Gibson Timothy E -- Accommodation
Gibson Timothy E -- Lawyers Title Co
Gibson Timothy E -- Lawyers Title
Gibson Timothy E $6,656,000 None Available
Meltzer Peter T -- None Available
Midstream Exchange Co $3,650,000 Equity Title Company
Graham Patrick L $3,500,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 31051 Coast Highway Llc $7,920,000
Closed 31051 Coast Highway Llc $9,600,000
Previous Owner Gibson Timothy E $870,000
Previous Owner Gibson Timothy E $625,500
Previous Owner Midstream Exchange Co $3,650,000
Source: Public Records

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 $109,793 $10,827,096 $9,620,714 $1,206,382
2024 $109,793 $10,614,800 $9,432,072 $1,182,728
2023 $107,617 $10,406,667 $9,247,129 $1,159,538
2022 $105,770 $10,202,615 $9,065,813 $1,136,802
2021 $103,546 $10,002,564 $8,888,052 $1,114,512
2020 $102,789 $9,900,000 $8,796,915 $1,103,085
2019 $80,861 $7,786,324 $6,787,077 $999,247
2018 $79,136 $7,633,651 $6,653,997 $979,654
2017 $77,581 $7,483,972 $6,523,526 $960,446
2016 $70,646 $6,794,342 $6,395,614 $398,728
2015 $70,419 $6,788,770 $6,299,546 $489,224
2014 $69,209 $6,655,788 $6,176,147 $479,641
Source: Public Records

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