Seller's Agent in 2023
Peter Mccormick
USA Veterans Real Estate and Mortgage Company
(949) 289-9408
1 in this area
30 Total Sales
31312 Pedro St Laguna Beach, CA 92651
Coast Royal NeighborhoodEstimated Value: $2,809,052 - $3,008,000
2
Beds
2
Baths
1,424
Sq Ft
$2,054/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Property has ocean access
- Property is near public transit
- El Morro Elementary School Rated A+
- Golf Course Community
- Wooded Lot
About This Home
As of July 2023Back on the market. Buyer failed to perform. Amazing 180-degree white water, ocean, and Catalina views from this beach cottage on a large street to street lot in Laguna Beach's coveted Coast Royal neighborhood. Short walk to some of the best beaches in Laguna Beach, to include West Beach, Table Rock, Thousand Steps Beach and direct beach access via a pedestrian tunnel to Aliso Beach. The house features a freshly painted interior with hardwood floors, wood beamed ceilings, front tiled patio, rear wood deck, and a hand laid rock backyard. In addition to easy beach access, the Coast Royal neighborhood is within walking distance to the South Laguna Village for restaurants and shops, hiking trails, and The Ranch for golf, dining, and live music. Assumable VA Loan at 2.25%.
Looking for a larger, newer house? The sale includes city approved plans for a major remodel to increase the total house size to 3,576 sqft over three levels with a total of 3 en-suite bedrooms, all with ocean views, large living room, dining room, and family room all with ocean views, large designer kitchen, a bonus third level 680 sqft family room, or 4th ensuite bedroom with plans to convert to an ADU, over 800 sqft of ocean view decks and patios, an oversized 538 sqft subterranean two car garage, and a large ocean view backyard with room for a pool. The plans for the major remodel were approved by the City of Laguna Beach Design Review Board (DRB) in October 2021 and now valid until 2025. Seller has completed the structural and civil engineering plans, the mechanical, electrical, plumbing, and fire sprinkler plans, and completed the soil testing. The construction plans are all ready to submit to the City for approval and permitting.
Last Agent to Sell the Property
USA Veterans Real Estate and Mortgage Company License #01925536 Listed on: 04/22/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 6,180 Sq Ft Lot
- West Facing Home
- Wood Fence
- Rectangular Lot
- Drip System Landscaping
- Front and Back Yard Sprinklers
- Wooded Lot
- Private Yard
- Back and Front Yard
- Value in Land
Parking
- 1 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Gentle Sloping Lot
- Driveway Up Slope From Street
Home Design
- Turnkey
- Pillar, Post or Pier Foundation
- Slab Foundation
- Shingle Roof
- Pre-Cast Concrete Construction
- Concrete Perimeter Foundation
- Plaster
- Stucco
Interior Spaces
- 1,424 Sq Ft Home
- 2-Story Property
- Built-In Features
- Beamed Ceilings
- Wood Burning Fireplace
- Wood Frame Window
- Family Room
- Living Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- White Water Ocean Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Oven
- Built-In Range
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
- Pots and Pans Drawers
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms | 1 Primary Bedroom on Main
- Remodeled Bathroom
- 2 Full Bathrooms
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Property has ocean access
- Beach Access
- Exterior Lighting
- Outdoor Grill
Location
- Property is near public transit
- Suburban Location
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 134
- Tax Tract Number 702
- Assessor Parcel Number 05604241
- $5,129 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- Coast Royal Subdivision
- Property is near a preserve or public land
Recreation
- Golf Course Community
- Dog Park
- Water Sports
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2022
Closed on
Jun 20, 2023
Sold by
Mccormick Peter W and Mccormick Lorraine D
Bought by
Hafezi Family Trust and Hafezi
Seller's Agent
Peter Mccormick
USA Veterans Real Estate and Mortgage Company
Buyer's Agent
Robert Wolff
Harcourts Prime Properties
List Price
$2,700,000
Sold Price
$2,700,000
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,513
Avg. Annual Appreciation
3.18%
Original Mortgage
$2,160,000
Outstanding Balance
$2,104,728
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$819,785
Purchase Details
Listed on
Nov 4, 2019
Closed on
Feb 11, 2020
Sold by
Pedro Partners
Bought by
Mccormick Peter W and Mccormick Lorraine D
Seller's Agent
Richard Dewey
Pacific Sotheby’s International Realty
Buyer's Agent
Peter Mccormick
USA Veterans Real Estate and Mortgage Company
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$1,200,000
Interest Rate
3.5%
Mortgage Type
VA
Purchase Details
Closed on
Dec 27, 2018
Sold by
Lamontagne David
Bought by
Pedro Partners
Purchase Details
Closed on
Jul 9, 2018
Sold by
Pedro Partners
Bought by
Lamontagne David
Purchase Details
Closed on
Nov 25, 2003
Sold by
Lamontagne David and Lamontagne Mary Kathryn
Bought by
Pedro Partners
Purchase Details
Closed on
Aug 29, 2003
Sold by
Hall Frank Alonzo
Bought by
Hall Anna Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 2003
Sold by
Hall Anna Mary and Smith Larry
Bought by
Lamontagne David and Lamontagne Mary Kathryn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 23, 2003
Sold by
Rabe Dorothy
Bought by
Smith Larry and Hall Anna Mary
Purchase Details
Closed on
Oct 23, 1995
Sold by
Retz Francis E
Bought by
Retz Francis E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hafezi Family Trust | $2,700,000 | Chicago Title | |
| Mccormick Peter W | $1,750,000 | First American Title Company | |
| Pedro Partners | -- | None Available | |
| Lamontagne David | -- | Ticor Title Co Of California | |
| Pedro Partners | -- | -- | |
| Hall Anna Mary | -- | Soutland Title Corporation | |
| Smith Larry | -- | Soutland Title | |
| Lamontagne David | $1,060,000 | Southland Title | |
| Smith Larry | -- | -- | |
| Retz Francis E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hafezi Family Trust | $2,160,000 | |
| Previous Owner | Mccormick Peter W | $1,200,000 | |
| Previous Owner | Lamontagne David | $660,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $2,700,000 | 0.0% | $1,896 / Sq Ft | |
| 07/17/2023 07/17/23 | Pending | -- | -- | -- | |
| 07/01/2023 07/01/23 | For Sale | $2,700,000 | 0.0% | $1,896 / Sq Ft | |
| 06/11/2023 06/11/23 | Pending | -- | -- | -- | |
| 03/14/2023 03/14/23 | Price Changed | $2,700,000 | -1.8% | $1,896 / Sq Ft | |
| 02/28/2023 02/28/23 | Price Changed | $2,750,000 | -1.8% | $1,931 / Sq Ft | |
| 01/23/2023 01/23/23 | Price Changed | $2,800,000 | -3.4% | $1,966 / Sq Ft | |
| 10/27/2022 10/27/22 | Price Changed | $2,900,000 | -3.3% | $2,037 / Sq Ft | |
| 08/14/2022 08/14/22 | Price Changed | $2,999,999 | -3.2% | $2,107 / Sq Ft | |
| 05/28/2022 05/28/22 | Price Changed | $3,100,000 | +3.7% | $2,177 / Sq Ft | |
| 04/22/2022 04/22/22 | For Sale | $2,990,000 | +70.9% | $2,100 / Sq Ft | |
| 03/11/2020 03/11/20 | Sold | $1,750,000 | -2.5% | $1,229 / Sq Ft | View Prior Sale |
| 01/16/2020 01/16/20 | Pending | -- | -- | -- | |
| 11/04/2019 11/04/19 | For Sale | $1,795,000 | 0.0% | $1,261 / Sq Ft | |
| 07/09/2016 07/09/16 | Rented | $4,500 | 0.0% | -- | |
| 05/06/2016 05/06/16 | For Rent | $4,500 | 0.0% | -- | |
| 05/05/2016 05/05/16 | Off Market | $4,500 | -- | -- | |
| 01/05/2016 01/05/16 | For Rent | $4,500 | 0.0% | -- | |
| 10/25/2014 10/25/14 | Rented | $4,500 | 0.0% | -- | |
| 10/25/2014 10/25/14 | For Rent | $4,500 | -- | -- |
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 | $17,559 | $1,277,566 | $772,399 | $505,167 |
| 2024 | $17,559 | $1,252,516 | $757,254 | $495,262 |
| 2023 | $23,834 | $1,839,561 | $1,748,060 | $91,501 |
| 2022 | $23,353 | $1,803,492 | $1,713,785 | $89,707 |
| 2021 | $22,981 | $1,768,130 | $1,680,181 | $87,949 |
| 2020 | $18,492 | $1,378,048 | $1,282,344 | $95,704 |
| 2019 | $18,507 | $1,351,028 | $1,257,200 | $93,828 |
| 2018 | $18,343 | $1,324,538 | $1,232,549 | $91,989 |
| 2017 | $18,006 | $1,298,567 | $1,208,381 | $90,186 |
| 2016 | $17,711 | $1,273,105 | $1,184,687 | $88,418 |
| 2015 | $13,809 | $1,253,982 | $1,166,892 | $87,090 |
| 2014 | $13,571 | $1,229,419 | $1,144,034 | $85,385 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Mccormick
-
Robert Wolff
Buyer's Agent in 2023
Robert Wolff
Harcourts Prime Properties
(949) 599-1700
1 in this area
210 Total Sales
-
Richard Dewey
Seller's Agent in 2020
Richard Dewey
Pacific Sotheby’s International Realty
(949) 355-3223
2 in this area
55 Total Sales
-
Danielle Purcell
Seller's Agent in 2016
Danielle Purcell
Team Laguna Inc
(949) 874-3363
1 in this area
94 Total Sales
-
Denise Campanelli
Seller Co-Listing Agent in 2016
Denise Campanelli
Team Laguna Inc
(949) 697-2305
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22082192
APN: 056-042-41
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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