NOT LISTED FOR SALE

31512 Egan Rd Unit studio Laguna Beach, CA 92651

Coast Royal Neighborhood

Estimated Value: $2,565,000 - $3,817,000

1 Bed
1 Bath
250 Sq Ft
$11,917/Sq Ft Est. Value

Highlights

  • Open Floorplan
  • Corner Lot
  • Private Yard
  • El Morro Elementary School Rated A+
  • High Ceiling
  • 3-minute walk to Village Green

About This Home

As of November 2019

Studio unit with courtyard patio in attractive South Laguna Cottage. Featuring a Pull down Murphy Bed and Kitchenette. Location, location, location! Just up the street from West Street Beach and several casual dining venues in South Laguna. Close to upscale amenities and dining at The Montage Resort and The Ranch at Aliso Creek.

Last Agent to Rent the Property

Kevin Carey

Berkshire Hathaway Home Services License #01211988 Listed on: 10/12/2019

Berkshire Hathaway Home Services

Last Renter's Agent

Kevin Carey

Berkshire Hathaway Home Services License #01211988 Listed on: 10/12/2019

Berkshire Hathaway Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,159

Year Built

  • Built in 1949

Lot Details

  • 6,525 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Private Yard

Home Design

  • Duplex
  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 250 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Storage
  • Neighborhood Views

Laundry

  • Laundry Room
  • Laundry in Garage

Parking

  • Up Slope from Street
  • On-Street Parking

Outdoor Features

  • Living Room Balcony
  • Fireplace in Patio

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association
  • $3,000 HOA Transfer Fee
  • 2 Units

Listing and Financial Details

  • Security Deposit $1,500
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 10/13/19
  • Tax Lot 146
  • Tax Tract Number 849
  • Assessor Parcel Number 05608712

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,159

Year Built

Built in 1949

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2019-10-13
  • Credit Check Paid By: Tenant
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Total Move In Costs: 3000.00
  • Transfer Fees: 3000.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: Yes
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 05608712
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 250.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Ceiling Fan(s), High Ceilings, Living Room Balcony, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Fireplace Features: Patio
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 5.20

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot, Up Slope from Street, Yard
  • Lot Size Sq Ft: 6525.00
  • Lot Size Acres: 0.1498
  • Latitude Manual: 33.50545700

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6525.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 146
  • Tax Tract Number: 849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
May Ronald L
Bought by
Kormeluk Nicholas M and Kormeluk Stephanie M
Current Estimated Value
$2,979,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,228,500
Outstanding Balance
$1,116,370
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,660,648

Purchase Details

Closed on
Aug 29, 2011
Sold by
May Ronald L
Bought by
May Ronald L

Purchase Details

Closed on
May 15, 2007
Sold by
May Ronald L
Bought by
May Ronald L and The Ronald L May Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
May Ronald L
Bought by
May Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
May Ronald L
Bought by
May Ronald L

Purchase Details

Closed on
Feb 3, 1994
Sold by
May Ronald I
Bought by
May Ronald I

Purchase Details

Closed on
Oct 1, 1993
Sold by
May Ronald L and May Penelope A
Bought by
May Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.91%
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
Kormeluk Nicholas M $1,890,000 California Title Company
May Ronald L -- None Available
May Ronald L -- None Available
May Ronald L -- Chicago Title Co
May Ronald L -- None Available
May Ronald I -- --
May Ronald L -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kormeluk Nicholas M $1,228,500
Previous Owner May Ronald L $400,000
Previous Owner May Ronald L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Rented $1,300 -13.3% --
11/06/2019 11/06/19 Off Market $1,500 -- --
10/12/2019 10/12/19 For Rent $1,500 +25.1% --
03/16/2013 03/16/13 Rented $1,199 -14.4% --
03/16/2013 03/16/13 Under Contract -- -- --
01/27/2013 01/27/13 For Rent $1,400 -- --
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 $22,159 $2,045,796 $1,968,973 $76,823
2024 $22,159 $2,005,683 $1,930,366 $75,317
2023 $21,678 $1,966,356 $1,892,515 $73,841
2022 $21,417 $1,927,800 $1,855,406 $72,394
2021 $6,367 $465,745 $368,926 $96,819
2020 $6,364 $460,970 $365,143 $95,827
2019 $6,212 $451,932 $357,983 $93,949
2018 $5,993 $443,071 $350,964 $92,107
2017 $5,774 $434,384 $344,083 $90,301
2016 $5,681 $425,867 $337,336 $88,531
2015 $5,337 $419,471 $332,269 $87,202
2014 $5,257 $411,255 $325,761 $85,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19242124

California Regional Multiple Listing Service (CRMLS)

APN: 056-087-12