NOT LISTED FOR SALE
0.28 Acre
-- Price per Acre
12,240 Sq Ft Lot

Last Sold November 30, 2013

Last sale price $1,200,000

465 Days on Market

Highlights

  • Ocean View
  • 0.28 Acre Lot
  • 1-minute walk to Village Green
  • El Morro Elementary School Rated A+

About This Lot

As of November 2013

11,250sqft property fronts to PCH. Two lots (upper APN 056-088-01 & lower APN 056-088-81) being sold as one. Corner end cap gets great exposure and has excellent retail potential. Upper and low lot are currently being used as a community garden. Prime commercial parcel located in the heart of South Laguna Village area. Soil test tested with clerance. Archetesture already draw the plan for 2 retail stores with 1000sf each low level, 3 offices or 2 apartments in upper level with Ocean View. 5500sf for total building allow build in this land, parking space are 23 cars

Last Agent to Sell the Property

Lily Campbell

First Team Real Estate License #01229782 Listed on: 07/24/2012

First Team Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,899

Lot Details

  • 0.28 Acre Lot
  • Property is zoned C1

Additional Features

  • Ocean Views
  • Source of electricity is unknown

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 849
  • Assessor Parcel Number 05608881

Property Details

Property Type

Land

Est. Annual Taxes

$4,899

Lot Details

0

Listing Details

  • Assessments: Yes
  • Current Use Comments: Upper lot is currently a community garden
  • Possible Use Comments: Mixed retail and office space potential
  • Subdivision Name Other: South Laguna Village
  • Survey: Survey Done
  • View: Yes
  • Zoning: C1
  • Property Type: Land
  • Parcel Number: 05608881
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 97.96

Exterior Features

  • View: Ocean

Utilities

  • Electric: Electricity - Unknown
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Geological: No
  • Lot Size Sq Ft: 12250.00
  • Lot Size Acres: 0.2810

Multi Family

  • Lot Size Area: 12250.0000 Square Feet

Tax Info

  • Tax Area: 05036
  • Tax Lot: 3
  • Tax Tract Number: 849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2012
Closed on
Oct 21, 2013
Sold by
Tran Paul Tuan Duc and Tran Angie Nga Mai
Bought by
Altuwaijri Ahmed and Alruwaitea Hind M
Seller's Agent
Lily Campbell
First Team Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$999,900
Sold Price
$1,200,000
Premium/Discount to List
$200,100
20.01%

Purchase Details

Closed on
Nov 19, 2008
Sold by
South Laguna Partners Llc
Bought by
Tran Paul Tuan Duc and Tran Angie Nga Mai

Purchase Details

Closed on
Mar 22, 2006
Sold by
Laguna Lot Llc
Bought by
South Laguna Partners Llc

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
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Brown Gilbert F
Bought by
Laguna Lot Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2004
Sold by
Brown Gilbert
Bought by
Brown Gilbert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1997
Sold by
Brown Gilbert F
Bought by
Brown Gilbert
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
Altuwaijri Ahmed $1,200,000 Ticor Title Tustin Orange Co
Tran Paul Tuan Duc $1,200,000 First American Title Company
South Laguna Partners Llc -- New Century Title Company Or
Laguna Lot Llc $895,000 Multiple
Brown Gilbert F -- --
Brown Gilbert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner South Laguna Partners Llc $900,000
Previous Owner South Laguna Partners Llc $1,500,000
Previous Owner Laguna Lot Llc $537,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2013 11/30/13 Sold $1,200,000 +20.0% --
11/01/2013 11/01/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $999,900 -- --
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 $4,899 $490,338 $490,338 --
2024 $4,899 $480,724 $480,724 --
2023 $4,787 $471,299 $471,299 $0
2022 $4,698 $462,058 $462,058 $0
2021 $4,608 $452,999 $452,999 $0
2020 $4,561 $448,355 $448,355 $0
2019 $4,483 $439,564 $439,564 $0
2018 $4,396 $430,946 $430,946 $0
2017 $4,310 $422,497 $422,497 $0
2016 $4,237 $414,213 $414,213 $0
2015 $4,193 $407,992 $407,992 $0
2014 $4,116 $400,000 $400,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S706186

California Regional Multiple Listing Service (CRMLS)

APN: 056-088-81