NOT LISTED FOR SALE

31344 Flying Cloud Dr Laguna Niguel, CA 92677

Estimated Value: $1,454,279 - $1,745,000

3 Beds
2 Baths
1,686 Sq Ft
$941/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Spa
  • Open Floorplan
  • Moulton Elementary Rated A
  • Updated Kitchen
  • Clubhouse

About This Home

As of November 2022

Offering sweeping panoramic views of the Ocean, Coastline, Mountains and City Lights, this impeccable, Single Level 3 bedroom/2 bathroom Fully Furnished residence is located in the beautiful Laguna Niguel community of Pacific Island Village 2. Completely remodeled with new windows, doors, wood flooring, and recessed lighting. Exceptionally finished and tastefully decorated, this extraordinary home offers an open floor plan that include a chef’s kitchen appointed with stainless appliances, and a living room with exposed beams, cozy fireplace, and vaulted ceilings.
Other highlights include new A/C, furnace, tankless water heater, convenient laundry inside, and a two car detached garage.
Rent includes: water, trash, Dish TV and HOA dues. Community amenities include a beautiful pool and clubhouse for the exclusive use of the PIV2 residents. Located within minutes from world famous beaches and surf breaks, luxury resorts and golf courses, walking and biking trails, shopping and dining and the newly renovated Dana Point Harbor. Welcome to life by the beach!

Last Agent to Rent the Property

Ken Crane

First Team Real Estate License #01523050 Listed on: 10/26/2022

First Team Real Estate

Co-Listed By

Colleen Crane

First Team Real Estate License #01927076

First Team Real Estate

Last Renter's Agent

Colleen Crane

First Team Real Estate License #01927076

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,530

Year Built

  • Built in 1968

Lot Details

  • 2,492 Sq Ft Lot

Parking

  • 2 Car Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Patio Home
  • Turnkey
  • Synthetic Roof
  • Stucco

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Cathedral Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Moulton Elementary School
  • Niguel Hills Middle School
  • Dana Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $16,200
  • Rent includes association dues, cable TV, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/3/22
  • Tax Lot 8
  • Tax Tract Number 5572
  • Assessor Parcel Number 65804109

Community Details

Overview

  • Property has a Home Owners Association
  • Pacific Island Village Ii Association, Phone Number (949) 367-1923
  • Pacific Island Village 2 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,530

Year Built

Built in 1968

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-12-03
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 100
  • Deposit Security: 16200
  • Furnished: Furnished
  • Total Move In Costs: 21800.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Pacific Island Village 2 (PV2)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 65804109
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1686.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Furnished, Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.20
  • Room Type: All Bedrooms Down, Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Walk-In Pantry
  • Spa Features: Association, Community
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Bath(s), Granite Counters, Main Floor Full Bath, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Ocean, Panoramic, White Water
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: Synthetic
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Name: Pacific Island Village II
  • Phone: 949-367-1923
  • Senior Community: No
  • Community Features: Curbs, Hiking, Gutters, Park, Sidewalks, Street Lights

Schools

  • School District: Capistrano Unified
  • Elementary School: Moulton
  • Middle School: Niguel Hills
  • High School: Dana Hills
  • Elementary School: Moulton
  • High School: Dana Hills
  • Middle Or Junior School: Niguel Hills
  • Elementary School #2: MOULTO
  • High School2: DANHIL

Lot Info

  • Additional Parcels: No
  • Lot Features: Patio Home
  • Lot Size Sq Ft: 2492.00
  • Lot Size Acres: 0.0572

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 2492.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Cable TV, Trash Collection, Water

Tax Info

  • Tax Census Tract: 423.24
  • Tax Lot: 8
  • Tax Tract Number: 5572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2021
Sold by
Faraone John M and Faraone Catherine T
Bought by
Faraone John M and Faraone Catherine T
Current Estimated Value
$1,586,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$443,249
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,112,821

Purchase Details

Closed on
Apr 16, 2021
Sold by
Faraone John M and Faraone Catherine T
Bought by
Faraone John M and Faraone Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$443,249
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,112,821

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 25, 2019
Sold by
Faraone John M and Faraone Catherine T
Bought by
Faraone John M and Faraone Catherine T
Seller's Agent
Robert Gottuso
First Team Real Estate
Buyer's Agent
Ken Crane
First Team Real Estate
Sold Price
$4,500

Purchase Details

Closed on
Jan 13, 2015
Sold by
Faraone John M and Faraone Catherine T
Bought by
Faraone John M and Faraone Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2013
Sold by
The Eleanor Elizabeth Smith Trust
Bought by
Faraone John M and Faraone Catherine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1998
Sold by
Smith Eleanor E
Bought by
Smith Eleanor Elizabeth and The Eleanor Elizabeth Smith Trust
Source: Public Records

Range of Values:

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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
Faraone John M -- Lawyers Title Oc
Faraone John M -- Lawyers Title Oc
Faraone John M -- None Available
Faraone John M -- Title365 Company
Faraone John M $700,000 First American Title Company
Smith Eleanor Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faraone John M $485,000
Closed Faraone John M $550,000
Closed Faraone John M $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Rented $5,400 0.0% --
11/15/2022 11/15/22 Under Contract -- -- --
10/26/2022 10/26/22 For Rent $5,400 +17.4% --
03/13/2020 03/13/20 Rented $4,600 0.0% --
02/11/2020 02/11/20 Under Contract -- -- --
02/03/2020 02/03/20 For Rent $4,600 +2.2% --
05/14/2019 05/14/19 Rented $4,500 0.0% --
05/07/2019 05/07/19 Under Contract -- -- --
04/24/2019 04/24/19 For Rent $4,500 -- --
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 $8,530 $858,100 $731,856 $126,244
2024 $8,530 $841,275 $717,506 $123,769
2023 $8,349 $824,780 $703,437 $121,343
2022 $8,191 $808,608 $689,644 $118,964
2021 $8,033 $792,753 $676,121 $116,632
2020 $7,953 $784,625 $669,188 $115,437
2019 $7,796 $769,241 $656,067 $113,174
2018 $7,647 $754,158 $643,203 $110,955
2017 $7,497 $739,371 $630,591 $108,780
2016 $7,354 $724,874 $618,226 $106,648
2015 $7,243 $713,986 $608,939 $105,047
2014 $7,105 $700,000 $597,010 $102,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22222628

California Regional Multiple Listing Service (CRMLS)

APN: 658-041-09