NOT LISTED FOR SALE

Estimated Value: $4,952,000 - $5,968,000

5 Beds
4.5 Baths
3,409 Sq Ft
$1,615/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2014

Last sale price $3,070,000 $901 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $32,459 / mo

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • 1-minute walk to Village Green

About This Home

As of January 2015

ALMOST OCEAN FRONT! This wonderful, recently remodeled 5 bedroom, 4.5 bath home with 3,409 sq.ft. is a rare opportunity to lease across from the ocean front. This designer home overlooks an open space ravine with whitewater views and waves breaking on the sand. Special features include gourmet kitchen with Wolf, Sub Zero and Bosch high end appliances, rare serpentine stone countertops, custom cabinetry throughout, Walker Zanger marble flooring blended with beautiful custom hardwood flooring. The attention to detail is evident with the custom hardware throughout and high end European plumbing fixtures including A Cheviot cast iron tub and Sigma shower valves. The ocean view decks off kitchen, great room, and master suite have unobstructed ocean and white water views. Situated on an expansive lot with professional lush landscaping, the grounds of this posh property are reminiscent of European gardens. Highly coveted private street parking is afforded to residents of Bluff Drive, as well as three separate nearby beach access points. Embrace the outdoors as you entertain guests on the balcony and enjoy the sounds of the sea. All these amazing attributes set in the spectacular locale of Laguna Beach.

Last Agent to Rent the Property

Shauna Covington

Berkshire Hathaway HomeServices California Properties License #00991380 Listed on: 10/24/2014

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Candice Burroughs

Berkshire Hathaway Home Services License #01315961

Berkshire Hathaway Home Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 7,841

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,409 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • White Water Ocean Views
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Outdoor Features

  • Ocean Side of Highway 1
  • Rain Gutters

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $11,000
  • Rent includes gardener
  • Available 10/26/14
  • Tax Lot 19
  • Tax Tract Number 702
  • Assessor Parcel Number 65809205

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

7,841 Sq Ft Lot

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2014-10-26
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 25
  • Deposit Pets: 500
  • Deposit Security: 11000
  • Furnished: Partially
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Inclusions: May be leased particially furnished or unfurnished; negotiable.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: South Laguna Bluffs (SLB)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 65809205
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3409.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 3.23
  • Room Type: Family Room, Formal Entry, Foyer, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Ocean, White Water
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 7841.0000 Square Feet
  • Rent Includes: Gardener
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 702

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Sep 17, 2014
Sold by
Templeton Robert R and Templeton Victoria L
Bought by
Maccallum Todd Alexander and Fightlin Stefanie Jill
Seller's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
List Price
$3,750,000
Sold Price
$3,070,000
Premium/Discount to List
-$680,000
-18.13%
Current Estimated Value
$5,506,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,436,657
Avg. Annual Appreciation
5.22%
Original Mortgage
$2,302,500
Outstanding Balance
$1,720,080
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,786,577

Purchase Details

Closed on
Mar 25, 2004
Sold by
Melson Randy
Bought by
Templeton Robert R and Templeton Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Melson Randy and Joseph Randy Melson
Bought by
Melson Randy and Joseph Family Trust

Purchase Details

Closed on
Nov 15, 2001
Sold by
Joseph Randy Melson
Bought by
Joseph Randy Melson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.63%

Purchase Details

Closed on
May 12, 1999
Sold by
Larry Joseph and Melson Randy Melson
Bought by
Joseph Larry and Melson Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,900
Interest Rate
6.5%
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
Maccallum Todd Alexander $3,070,000 Lawyers Title
Templeton Robert R $2,000,000 Orange Coast Title
Melson Randy -- --
Joseph Randy Melson -- Chicago Title Co
Joseph Larry -- Fidelity National Title Co
Joseph Larry -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maccallum Todd Alexander $2,302,500
Previous Owner Templeton Robert R $1,350,000
Previous Owner Joseph Randy Melson $650,000
Previous Owner Joseph Larry $649,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2015 01/01/15 Rented $11,000 -99.6% --
12/02/2014 12/02/14 Under Contract -- -- --
10/24/2014 10/24/14 Sold $3,070,000 0.0% $901 / Sq Ft View Prior Sale
10/24/2014 10/24/14 For Rent $11,000 0.0% --
07/23/2014 07/23/14 Price Changed $3,349,000 -4.3% $982 / Sq Ft
06/13/2014 06/13/14 Price Changed $3,499,000 -6.7% $1,026 / Sq Ft
04/28/2014 04/28/14 For Sale $3,750,000 -- $1,100 / Sq Ft
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 $39,163 $3,689,676 $3,181,215 $508,461
2024 $39,163 $3,617,330 $3,118,838 $498,492
2023 $38,710 $3,546,402 $3,057,684 $488,718
2022 $37,900 $3,476,865 $2,997,729 $479,136
2021 $37,066 $3,408,692 $2,938,950 $469,742
2020 $36,373 $3,373,741 $2,908,815 $464,926
2019 $35,802 $3,307,590 $2,851,780 $455,810
2018 $35,557 $3,242,736 $2,795,863 $446,873
2017 $34,767 $3,179,153 $2,741,042 $438,111
2016 $34,031 $3,116,817 $2,687,296 $429,521
2015 $33,218 $3,070,000 $2,646,930 $423,070
2014 $22,659 $2,024,000 $1,645,468 $378,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14228339

California Regional Multiple Listing Service (CRMLS)

APN: 658-092-05

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