NOT LISTED FOR SALE

Estimated Value: $2,426,000 - $3,714,000

2 Beds
1 Bath
779 Sq Ft
$3,673/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $1,150,000 $1,476 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $16,943/month

12 Days on Market

Highlights

  • Ocean View
  • No HOA
  • 1 Car Garage
  • El Morro Elementary School Rated A+
  • Laundry Room
  • 3-minute walk to Village Green

About This Home

As of November 2018

One of a Kind Opportunity....The longtime owner was undertaking a major remodel of the quaint cottage and can not complete the project. This Cottage sits on a street-to-street lot approx. 6050 sq. ft with approved plans in place to enlarge the cottage to 1200 sq. ft.. The property is an open pallete just waiting for your design dreams of completion. Blue Water view with Catalina Island straight out and San Clemente Island to the south. Easy short block walk to West Street Beach Coastal Access, Aliso Beach & Montage. Close to open space hiking trails.

Last Agent to Sell the Property

Patricia Halman-Menne

RE/MAX Select One License #00943098 Listed on: 09/14/2018

RE/MAX Select One

Last Buyer's Agent

Patricia Halman-Menne

RE/MAX Select One License #00943098 Listed on: 09/14/2018

RE/MAX Select One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,355

Year Built

  • Built in 1925

Lot Details

  • 6,050 Sq Ft Lot
  • Lot Dimensions are 50 x 121
  • Value in Land

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina

Interior Spaces

  • 779 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Suburban Location

Schools

  • Elmorro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 200
  • Tax Tract Number 713
  • Assessor Parcel Number 05606113

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,355

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Coast Royal (CR)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05606113
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 779.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1476.25

Exterior Features

  • View: Catalina, Coastline, Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Elmorro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Elmorro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMORR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size: 50 x 121
  • Lot Size Sq Ft: 6050.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 200
  • Tax Tract Number: 713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 20, 2018
Sold by
Smith Stanley M and Smith Robert L
Bought by
Lockhart Robert and Lockhart Jill
Seller's Agent
Patricia Halman-Menne
RE/MAX Select One
Buyer's Agent
Patricia Halman-Menne
RE/MAX Select One
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Current Estimated Value
$2,861,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,711,654
Avg. Annual Appreciation
10.84%
Original Mortgage
$300,000
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2011
Sold by
Smith Stanley M and Smith Robert L
Bought by
The Smith Brothers Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lockhart Robert $1,150,000 First American Title Co
The Smith Brothers Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lockhart Robert $1,400,000
Closed Lockhart Robert $300,000
Closed Lockhart Robert $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2018 11/05/18 Sold $1,150,000 -4.2% $1,476 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $1,200,000 +4.3% $1,540 / Sq Ft
09/24/2018 09/24/18 Off Market $1,150,000 -- --
09/14/2018 09/14/18 For Sale $1,200,000 -- $1,540 / Sq Ft
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 $20,355 $1,608,417 $1,254,794 $353,623
2024 $20,355 $1,493,068 $1,230,190 $262,878
2023 $20,045 $1,463,793 $1,206,069 $257,724
2022 $19,764 $1,435,092 $1,182,421 $252,671
2021 $17,373 $1,229,932 $1,159,236 $70,696
2020 $16,667 $1,217,780 $1,147,349 $70,431
2019 $16,464 $1,150,000 $1,124,851 $25,149
2018 $7,574 $287,908 $264,043 $23,865
2017 $7,697 $308,880 $258,866 $50,014
2016 $7,588 $302,824 $253,790 $49,034
2015 $4,021 $298,276 $249,978 $48,298
2014 $3,964 $292,434 $245,082 $47,352
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18226059

California Regional Multiple Listing Service (CRMLS)

APN: 056-061-13