NOT LISTED FOR SALE

Estimated Value: $3,353,000 - $4,002,000

3 Beds
2.5 Baths
1,979 Sq Ft
$1,803/Sq Ft Est. Value

Last Sold January 02, 2024

Last sale price $3,000,000 $1,516 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $21,594/month

55 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • No HOA
  • El Morro Elementary School Rated A+
  • Main Floor Primary Bedroom
  • 3-minute walk to Village Green

About This Home

As of January 2024

This beautiful Ocean View turn-key residence lies in the heart of South Laguna Village, in one of the most desirable locations along the Orange County coastline within the city of Laguna Beach. Nestled at the foot of the Aliso Peak and just up the hill from West Street Beach, this home harmonizes perfectly with the natural beauty that surrounds it. The residence sits on an oversized 8,300 sqft corner lot containing numerous outdoor living spaces, such as a large synthetic grass yard, and gorgeous wrap around balconies constructed with the finest Ipe wood. Convenient single level living with an expansive, open floor plan and gorgeous ocean views greet you throughout the home. Well positioned for family gatherings and entertaining, the kitchen is the center piece allowing for effortless access from all areas of the home. Massive sliding doors seamlessly connect the interior and exterior spaces. The primary suite is complete with a luxurious walk-in shower, double vanity, generous sized tub and wonderful views with balcony access. An oversized 2 car garage with extra finished crawlspace and outdoor storage are available for all of your storage needs! Walking distance to all of South Laguna’s picturesque beaches, the Valido Hiking Trail, Village Green Park and fabulous restaurants. Additionally, world class resorts like the Montage and Waldorf Astoria are only minutes away as well as all of Laguna’s art galleries and festivals! Top rated schools and medical facilities are equally close, as well as luxury community services available at your disposal such as the free local ride system and trolley service! Come experience the Laguna Beach lifestyle! A 10+ MUST SEE!!!

Last Agent to Sell the Property

Vasi Vangelos

Harcourts Prime Properties License #02133380 Listed on: 10/13/2023

Harcourts Prime Properties

Last Buyer's Agent

Chad Concolino

Main Beach Realty License #01887163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,829

Year Built

  • Built in 1964

Lot Details

  • 8,306 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Canyon
  • Hills
  • Valley
  • Neighborhood

Interior Spaces

  • 1,979 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Basement

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 702
  • Assessor Parcel Number 05606236
  • $1,637 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • South Laguna Bluffs Subdivision

Recreation

  • Golf Course Community
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,829

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: South Laguna Bluffs (SLB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05606236
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1979.00 Square Feet
  • Stories: 2
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1515.92
  • Room Type: All Bedrooms Down, Basement, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Utility Room

Exterior Features

  • View: Canyon, Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Trees/Woods, Valley
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Park, Watersports

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8306.00
  • Lot Size Acres: 0.1907

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 8306.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 36
  • Tax Tract Number: 702
  • TaxOtherAnnualAssessmentAmount: 1637.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 27, 2023
Sold by
Sharek Jason Adam
Bought by
Epstein Alexander and Epstein Cassandra
Seller's Agent
Vasi Vangelos
Harcourts Prime Properties
Buyer's Agent
Chad Concolino
Main Beach Realty
List Price
$3,150,000
Sold Price
$3,000,000
Premium/Discount to List
-$150,000
-4.76%
Views
121
Current Estimated Value
$3,568,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,133
Avg. Annual Appreciation
9.66%
Original Mortgage
$2,400,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2020
Sold by
Sharek Jason Adam and Sharek Jodi Jennifer
Bought by
Sharek Jason Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2016
Closed on
Mar 20, 2017
Sold by
Thalia Real Estate Partners Llc
Bought by
Sharek Jason Adam and Sharek Jodi Jennifer
Seller's Agent
Julia Jackson-Brown
Pacific Sotheby's Int'l Realty
Buyer's Agent
Julia Jackson-Brown
Pacific Sotheby's Int'l Realty
List Price
$2,790,000
Sold Price
$2,100,000
Premium/Discount to List
-$690,000
-24.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$1,470,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 10, 2015
Closed on
Nov 1, 2015
Sold by
Peddicord Lyle
Bought by
Thalia Real Estate Partners Llc
Seller's Agent
Melane Barney
Surterre Properties
Buyer's Agent
Julia Jackson-Brown
Pacific Sotheby's Int'l Realty
List Price
$1,795,000
Sold Price
$1,512,500
Premium/Discount to List
-$282,500
-15.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.63%

Purchase Details

Closed on
May 13, 2014
Sold by
Peddicord Charles E and Peddicord Helen E
Bought by
Peddicord Lyle D and Peddicord Family Trust

Purchase Details

Closed on
Nov 23, 1993
Sold by
Peddicord Charles E and Peddicord Helen E
Bought by
Peddicord Charles E and Peddicord Helen E
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
Epstein Alexander $3,000,000 Placer Title
Sharek Jason Adam -- First American Title Ins Co
Sharek Jason Adam $2,100,000 Western Resources Title
Thalia Real Estate Partners Llc $1,512,500 Chicago Title Company
Peddicord Lyle D -- None Available
Peddicord Charles E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epstein Alexander $2,389,000
Closed Epstein Alexander $2,400,000
Previous Owner Sharek Jason Adam $520,000
Previous Owner Sharek Jason Adam $1,470,000
Previous Owner Peddicord Charles E $1,446,720
Previous Owner Peddicord Charles E $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2024 01/02/24 Sold $3,000,000 -4.8% $1,516 / Sq Ft
12/08/2023 12/08/23 For Sale $3,150,000 +5.0% $1,592 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
12/05/2023 12/05/23 Off Market $3,000,000 -- --
10/13/2023 10/13/23 For Sale $3,150,000 +50.0% $1,592 / Sq Ft
04/21/2017 04/21/17 Sold $2,100,000 -8.7% $1,061 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
11/16/2016 11/16/16 Price Changed $2,299,999 -8.5% $1,162 / Sq Ft
10/11/2016 10/11/16 Price Changed $2,515,000 -2.9% $1,271 / Sq Ft
09/09/2016 09/09/16 Price Changed $2,590,000 -3.7% $1,309 / Sq Ft
08/11/2016 08/11/16 Price Changed $2,690,000 -3.6% $1,359 / Sq Ft
07/19/2016 07/19/16 For Sale $2,790,000 +84.5% $1,410 / Sq Ft
12/01/2015 12/01/15 Sold $1,512,500 -8.3% $765 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
10/10/2015 10/10/15 Price Changed $1,650,000 -5.7% $835 / Sq Ft
09/14/2015 09/14/15 Price Changed $1,750,000 -2.5% $886 / Sq Ft
08/10/2015 08/10/15 For Sale $1,795,000 -- $908 / 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 $25,829 $3,060,000 $2,893,589 $166,411
2024 $25,829 $2,389,439 $2,248,623 $140,816
2023 $25,518 $2,342,588 $2,204,533 $138,055
2022 $24,907 $2,296,655 $2,161,306 $135,349
2021 $23,110 $2,251,623 $2,118,927 $132,696
2020 $24,002 $2,228,536 $2,097,200 $131,336
2019 $23,688 $2,184,840 $2,056,079 $128,761
2018 $23,217 $2,142,000 $2,015,763 $126,237
2017 $17,743 $1,542,750 $1,411,139 $131,611
2016 $16,644 $1,512,500 $1,383,469 $129,031
2015 $1,951 $103,092 $42,280 $60,812
2014 $1,930 $101,073 $41,452 $59,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23191052

California Regional Multiple Listing Service (CRMLS)

APN: 056-062-36