NOT LISTED FOR SALE

Estimated Value: $2,569,000 - $3,341,000

2 Beds
2 Baths
1,150 Sq Ft
$1,243/mo HOA Fee

Last Sold June 15, 2018

Last sale price $2,200,000 $1,913 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $20,268/month

22 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fitness Center
  • El Morro Elementary School Rated A+
  • Property has ocean access
  • 4-minute walk to Village Green

About This Home

As of June 2018

Beachfront Condo with Coveted Location! Renovated with a focus on aesthetics and quality, this home offers a luxurious interior and a sought-after location in a guard gated community with numerous amenities. Located on the front on the main floor, the home provides easy access to the beach, community pool/spa, exercise room and private, subterranean parking garage. Completely remodeled in 2011, the home features white oak floors and cabinets, heated tile floors in the bathrooms, and integrated surround sound. A wall of sliding glass doors opens to the reconstructed view deck, providing the ultimate in indoor/outdoor living. The kitchen showcases the quality and style found throughout the home. It features a rare granite backsplash, Wolf appliances, and a SubZero fridge. In the main living areas, endless ocean views are complemented by natural sea stone walls with custom accent lighting, creating spa-like tranquility. The natural stone continues in the master bath, which has concrete counters, a walk-in shower, and a secret door that reveals the ocean view. Completely turnkey and meticulously re-imagined, the home offers a full size washer/dryer, custom closets, a tankless water heater, remote-controlled blinds, all new plumbing, and elegant custom light fixtures. With numerous upgrades and a serene, private setting in a resort-like community with mature palm trees, this oceanfront condo makes every day feel like a vacation. Don’t miss out!

Last Agent to Sell the Property

Scott Lytle

Compass License #01405495 Listed on: 04/25/2018

Compass

Last Buyer's Agent

Colleen Pestana

Rise Realty License #01372068

Rise Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,513

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • Beach Front
  • Property fronts a highway
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $1,243 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guarded Parking

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Pool

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Recessed Lighting
  • Blinds
  • Living Room with Attached Deck
  • Storage
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Heated Floor in Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible
  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Patio
  • Exterior Lighting

Location

  • Property is near public transit

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Tankless Water Heater

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot D
  • Tax Tract Number 831
  • Assessor Parcel Number 93168226

Community Details

Overview

  • 78 Units
  • Cardinal Association, Phone Number (714) 779-1300
  • Laguna Royale Subdivision
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,513

Year Built

Built in 1962 | Remodeled

Lot Details

0

HOA Fees

$1,243 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Guarded, Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Laguna Royale (LAR)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93168226
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1150.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Storage, Wired for Sound
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: Accessible Elevator Installed, Customized Wheelchair Accessible, Entry Slope Less Than 1 Foot, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1913.04
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community, In Ground
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Heated Floor, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Catalina, Coastline, Ocean, Panoramic, Pool, Water, White Water
  • Patio And Porch Features: Deck, Roof Top
  • Pool Features: Association, Community, Gas Heat, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Guarded, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Ice Maker, Microwave, Tankless Water Heater
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Fire Pit, Gym/Ex Room, Storage, Earthquake Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Call for Rules, Management, Guard, Controlled Access, Hot Water
  • Association Fee: 1243.00
  • Association Fee Frequency: Monthly
  • Association Name: Cardinal
  • Phone: 714 779 1300
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot, Near Public Transit
  • Latitude Manual: 33.50581500

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 78
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: D
  • Tax Tract Number: 831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 15, 2018
Sold by
Santorufo Carole C
Bought by
Mcculley Paul and The Paul Mcculley Revocable Trust
Seller's Agent
Scott Lytle
Compass
Buyer's Agent
Colleen Pestana
Rise Realty
List Price
$2,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$295,000
-11.82%
Current Estimated Value
$3,059,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,848
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Feb 2, 2017
Sold by
Santorufo Carole C
Bought by
Santorufo Carole C and The Carole C Satorufo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,277,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Thompson Scot Paul and Thompson Judith Ann
Bought by
Cage Carole Santorufo and The Carole C Santorufo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2004
Sold by
Thompson Scot P
Bought by
Thompson Scot Paul and Thompson Judith Ann

Purchase Details

Closed on
Aug 19, 2003
Sold by
Montgomery Judy
Bought by
Thompson Scot P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Harry Mikel J
Bought by
Thompson Scot P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
5.12%

Purchase Details

Closed on
Jul 6, 2001
Sold by
Goldstein Jerry and Goldstein Irene
Bought by
Harry Mikel J and The Harry Revocable Trust

Purchase Details

Closed on
Jun 25, 1993
Sold by
Sifton Yvonne
Bought by
Goldstein Jerry and Goldstein Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
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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
Mcculley Paul -- Stewart Title
Santorufo Carole C -- Equity Title Orange County I
Cage Carole Santorufo $2,350,000 Chicago Title Co
Thompson Scot Paul -- --
Thompson Scot P -- First American Title Co
Thompson Scot P $1,010,000 Equity Title Company
Harry Mikel J $935,000 Chicago Title Co
Goldstein Jerry $488,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santorufo Carole C $1,277,500
Previous Owner Cage Carole Santorufo $1,500,000
Previous Owner Thompson Scot P $510,000
Previous Owner Thompson Scot P $510,000
Previous Owner Goldstein Jerry $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $2,200,000 -11.8% $1,913 / Sq Ft
05/17/2018 05/17/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $2,495,000 -- $2,170 / 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 $25,513 $2,503,221 $2,179,454 $323,767
2024 $25,513 $2,454,139 $2,136,720 $317,419
2023 $24,880 $2,406,019 $2,094,823 $311,196
2022 $24,369 $2,358,843 $2,053,748 $305,095
2021 $23,884 $2,312,592 $2,013,479 $299,113
2020 $23,671 $2,288,880 $1,992,834 $296,046
2019 $23,260 $2,244,000 $1,953,758 $290,242
2018 $24,908 $2,408,241 $2,166,864 $241,377
2017 $24,881 $2,408,241 $2,166,864 $241,377
2016 $24,442 $2,361,021 $2,124,376 $236,645
2015 $24,064 $2,325,557 $2,092,466 $233,091
2014 $24,092 $2,325,557 $2,092,466 $233,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18095397

California Regional Multiple Listing Service (CRMLS)

APN: 931-682-26