NOT LISTED FOR SALE

Estimated Value: $2,483,000 - $3,110,000

3 Beds
3 Baths
1,995 Sq Ft
$1,370/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $1,890,000 $947 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $16,356/month

Highlights

  • Ocean View
  • Open Floorplan
  • High Ceiling
  • El Morro Elementary School Rated A+
  • Lanai
  • 3-minute walk to Village Green

About This Home

As of March 2023

OCEAN VIEWS, YARD & LOCATION!!! This CLASSIC coastal cottage is on an elevated 6,525 square foot corner lot in PRIVATE upscale South Laguna. Open floor plan and Ocean Blue Views from most ALL rooms. Ocean View porch/lanai sits just outside the open-beamed Great Room (rustic stone fireplace) and Primary Bedroom Suite. Perfect indoor/outdoor living, and lush tropical landscaping. Hardwood floors, built-in cabinetry, and ceiling fans throughout. The porch-lanai runs the length of the home and extends to a relaxing perch to take pleasure and appreciate 180-degree views and spectacular sunsets year round. Spacious Great Room with fireplace surrounded by windows to take in more ocean views. The upper-level second bedroom is positioned at the back of the home offering wonderful privacy and separation. Bathrooms are artfully designed with retro vintage tiling. The kitchen is equipped with stainless appliances and opens to a large private courtyard patio (three patio door entrances), perfect for some al fresco dining. Detached two-car garage with a washer and dryer plus additional washer/dryer hookups in the primary bedroom. Big driveway with additional parking. The lower level has an additional studio complete with a bathroom, and an updated kitchenette! Perfect for private home office, students, in-laws, or the au-pair. Close to West Street Beach and the delicious, casual dining venues of South Laguna. Visit and enjoy a day at The Montage Resort or The Ranch at Aliso Creek and the numerous other hot spots Laguna Beach has to offer.

Last Agent to Rent the Property

Billy Rosenberg

Billy Rosenberg, Broker License #01995754 Listed on: 11/18/2022

Last Renter's Agent

Irene Seyhun

Livel Real Estate License #02165915

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 6,525 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Cottage

Interior Spaces

  • 1,995 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Family Room with Fireplace
  • Storage

Kitchen

  • Eat-In Country Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Lanai

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association
  • South Laguna Village Subdivision

Listing and Financial Details

  • Security Deposit $6,995
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 3/1/23
  • Tax Lot 146
  • Tax Tract Number 849
  • Assessor Parcel Number 05608712

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

6,525 Sq Ft Lot

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: Last Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-03-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 6995
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Number Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Zoning: R1
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05608712
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1995.00 Square Feet
  • Interior Amenities: Beamed Ceilings, High Ceilings, Open Floorplan, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, Country Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.41
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Panoramic, Water
  • Patio And Porch Features: Lanai, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, 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: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6525.00
  • Lot Size Acres: 0.1498

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6525.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Mar 25, 2021
Sold by
May Ronald L
Bought by
Kormeluk Nicholas M and Kormeluk Stephanie M
Seller's Agent
Kevin Carey
Berkshire Hathaway Home Services
Buyer's Agent
Kelly Brennan
Compass
List Price
$1,925,000
Sold Price
$1,890,000
Premium/Discount to List
-$35,000
-1.82%
Current Estimated Value
$2,733,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$843,823
Avg. Annual Appreciation
7.76%
Original Mortgage
$1,228,500
Outstanding Balance
$1,106,780
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,627,043

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 List to Sale Price per Sq Ft Prior Sale
03/18/2023 03/18/23 Rented $6,800 -2.8% --
03/01/2023 03/01/23 Under Contract -- -- --
03/01/2023 03/01/23 For Rent $6,995 0.0% --
02/27/2023 02/27/23 Off Market $6,995 -- --
02/25/2023 02/25/23 For Rent $6,995 0.0% --
02/24/2023 02/24/23 Off Market $6,995 -- --
01/23/2023 01/23/23 Price Changed $5,995 -4.8% $3 / Sq Ft
11/18/2022 11/18/22 For Rent $6,300 0.0% --
04/19/2021 04/19/21 Sold $1,890,000 -1.8% $1,107 / Sq Ft View Prior Sale
03/12/2021 03/12/21 For Sale $1,925,000 0.0% $1,127 / Sq Ft
11/15/2019 11/15/19 Rented $3,500 0.0% --
10/22/2019 10/22/19 Under Contract -- -- --
10/12/2019 10/12/19 For Rent $3,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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: OC22243915

California Regional Multiple Listing Service (CRMLS)

APN: 056-087-12

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