NOT LISTED FOR SALE

31341 Ceanothus Dr Unit lower Laguna Beach, CA 92651

Coast Royal Neighborhood

Estimated Value: $4,228,000 - $7,075,000

4 Beds
1 Bath
850 Sq Ft
$6,840/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Ocean Side of Freeway
  • No HOA
  • El Morro Elementary School Rated A+
  • Contemporary Architecture
  • Breakfast Area or Nook

About This Home

As of October 2020

UNFURNISHED~Enjoy spectacular ocean views from this high end contemporary lower studio apartment located on a quiet street in South Laguna. Remodeled, features include a very large ocean view living room, tile floors that resemble marble, kitchen with electric cooktop and stainless steel range hood (no oven), cherry cabinetry, granite counters, dishwasher and a dining area. No parking and no laundry.

Last Agent to Rent the Property

Laura Baptista

Team Laguna Inc License #01753586 Listed on: 08/09/2020

Last Renter's Agent

Brandon Buckner

Coldwell Banker Realty License #02064771

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2011 | Remodeled

Lot Details

  • 7,455 Sq Ft Lot
  • Lot Dimensions are 71x105
  • No Common Walls
  • Landscaped

Property Views

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

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Metal Roof
  • Plaster

Interior Spaces

  • 1 Bathroom
  • 850 Sq Ft Home
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Outdoor Features

  • Ocean Side of Freeway
  • Balcony

Location

  • Suburban Location

Utilities

  • Heating Available
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Coast Royal Subdivision

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 9/5/20
  • Assessor Parcel Number 05605244

Property Details

Home Type

Multi-Family

Year Built

Built in 2011 | Remodeled

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-09-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3000
  • Furnished: Unfurnished

Listing Details

  • Structure Type: Multi Family
  • Property Attached: No
  • Subdivision Name Other: Coast Royal (CR)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 05605244
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 850.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.94
  • Room Type: Living Room

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Plaster

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: Landscaped
  • Lot Size: 71x105
  • Lot Size Sq Ft: 7455.00
  • Lot Size Acres: 0.1711

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7455.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Rent Includes: Trash Collection
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Lot: *
  • Tax Model: C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2021
Sold by
Cornerstone Enterprises
Bought by
Fakouri Hadi M and Abdollahi Zahra
Current Estimated Value
$5,912,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2021
Sold by
Saedi Hamed
Bought by
Cornerstone Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2002
Sold by
Saedi Denise Emmons
Bought by
Saedi Hamed

Purchase Details

Closed on
Oct 15, 2002
Sold by
Saedi Hamed
Bought by
Saedi Hamed
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fakouri Hadi M $4,100,000 Fidelity Natl Ttl Orange Cnt
Cornerstone Enterprises -- Fidelity Natl Ttl Orange Cnt
Saedi Hamed -- Commerce Title Co
Saedi Hamed -- Commerce Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fakouri Hadi M $2,870,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Rented $2,495 0.0% --
08/09/2020 08/09/20 For Rent $2,495 +13.7% --
08/24/2017 08/24/17 Rented $2,195 0.0% --
08/22/2017 08/22/17 Under Contract -- -- --
08/10/2017 08/10/17 Price Changed $2,195 -10.4% $3 / Sq Ft
07/21/2017 07/21/17 Price Changed $2,450 -10.9% $3 / Sq Ft
07/19/2017 07/19/17 Price Changed $2,750 -8.3% $3 / Sq Ft
07/18/2017 07/18/17 Price Changed $3,000 -6.3% $3 / Sq Ft
07/04/2017 07/04/17 For Rent $3,200 +52.4% --
02/16/2017 02/16/17 Rented $2,100 -8.7% --
02/15/2017 02/15/17 Price Changed $2,300 +9.5% $3 / Sq Ft
01/25/2017 01/25/17 For Rent $2,100 +5.0% --
03/11/2014 03/11/14 Rented $2,000 0.0% --
02/09/2014 02/09/14 Under Contract -- -- --
01/30/2014 01/30/14 For Rent $2,000 +0.3% --
02/22/2012 02/22/12 Rented $1,995 -79.0% --
02/21/2012 02/21/12 Under Contract -- -- --
01/12/2012 01/12/12 For Rent $9,500 -- --
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 $47,228 $4,350,952 $3,502,696 $848,256
2024 $47,228 $4,265,640 $3,434,016 $831,624
2023 $46,682 $4,182,000 $3,366,682 $815,318
2022 $45,690 $4,100,000 $3,300,668 $799,332
2021 $15,406 $1,132,250 $290,012 $842,238
2020 $15,082 $1,120,641 $287,039 $833,602
2019 $15,051 $1,098,668 $281,411 $817,257
2018 $15,022 $1,077,126 $275,893 $801,233
2017 $14,187 $1,056,006 $270,483 $785,523
2016 $14,172 $1,035,300 $265,179 $770,121
2015 $11,939 $1,019,749 $261,195 $758,554
2014 $11,746 $999,774 $256,079 $743,695
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20160659

California Regional Multiple Listing Service (CRMLS)

APN: 056-052-44