NOT LISTED FOR SALE

31865 8th Ave Laguna Beach, CA 92651

South Laguna Village Neighborhood

Estimated Value: $2,128,000 - $2,537,872

3 Beds
2 Baths
1,500 Sq Ft
$1,552/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $1,100,000 $733 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $13,827/month

67 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • No HOA
  • El Morro Elementary School Rated A+
  • Main Floor Primary Bedroom
  • Cottage

About This Home

As of March 2020

Charming south Laguna duplex that feels just like a quaint cottage! Upper level unit features include light and bright living room with lot of windows and vaulted open beam ceilings, dining nook, remodeled kitchen with quartz counters, glass tile backsplash, all stainless steel appliances including refrigerator, gas range, microwave and dishwasher, plus ocean view focal window, two bedrooms with crown molding, bathroom is also remodeled with granite vanity and tub with Carrara marble tile surround, newer carpet and vinyl wood look flooring with fresh paint throughout. Live in the top and rent the bottom! Lower unit is an extra large studio with full kitchen and direct garage access through the walk-in closet off the bathroom. Two car garage with laundry is shared between the two tenants and tandem driveway parking is also split. Easy walk to Thousands Steps Beach!! Street to street lot is underutilized.

Last Agent to Sell the Property

Nicola Willhoit

The W Collection, Inc. License #01325516 Listed on: 11/01/2019

Last Buyer's Agent

William Rolfing

Coldwell Banker Realty License #00706260

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,727

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 4,025 Sq Ft Lot
  • 1 Common Wall
  • Gentle Sloping Lot

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Shared Driveway

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Duplex
  • Cottage

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 05613054

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,727

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 05613054
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Unfurnished
  • Stories: 2
  • Entry Location: 1 & 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 733.33
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • View: Neighborhood, Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Shared Driveway, Side by Side
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: Community, Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 4025.00
  • Lot Size Acres: 0.0924

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4025.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 423.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 24, 2020
Sold by
Pickett Frank L
Bought by
Rolfing Sarah P and Dibble Taylor J
Seller's Agent
Nicola Willhoit
The W Collection, Inc.
Buyer's Agent
William Rolfing
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Current Estimated Value
$2,327,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,227,718
Avg. Annual Appreciation
14.26%
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2019
Closed on
Feb 19, 2020
Sold by
Laguna Investment Llc
Bought by
Pickett Frank L
Seller's Agent
Nicola Willhoit
The W Collection, Inc.
Buyer's Agent
William Rolfing
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2017
Sold by
Pickett Michael C and Pickett John R
Bought by
Laguna Investment Llc

Purchase Details

Closed on
Dec 16, 2016
Sold by
Pickett Frank L
Bought by
Pickett Michael Charles and Pickett John Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2016
Sold by
Pickett Michael Charles and Pickett John Robert
Bought by
Pickett Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2011
Sold by
The Three Suns Irrevocable Trust
Bought by
Pickett Michael Charles and Pickett John Robert
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
Rolfing Sarah P $1,100,000 Western Resources Title Co
Pickett Frank L -- Western Resources Title Co
Pickett Frank L -- Western Resources Title
Laguna Investment Llc -- None Available
Pickett Micheal C -- None Available
Pickett Michael Charles -- None Available
Pickett Frank L -- Wfg National Title Company
Pickett Michael Charles -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rolfing Sarah P $750,000
Closed Rolfing Sarah P $750,000
Previous Owner Laguna Investment Llc $200,000
Previous Owner Laguna Kinvestements Llc $87,985
Previous Owner Laguna Investment Llc $180,000
Previous Owner Pickett Frank L $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $1,100,000 -7.9% $733 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
11/01/2019 11/01/19 For Sale $1,195,000 -- $797 / 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 $13,727 $1,203,008 $1,148,956 $54,052
2024 $13,727 $1,179,420 $1,126,427 $52,993
2023 $13,737 $1,156,295 $1,104,341 $51,954
2022 $13,412 $1,133,623 $1,082,687 $50,936
2021 $12,983 $1,111,396 $1,061,458 $49,938
2020 $2,610 $101,781 $73,825 $27,956
2019 $2,682 $99,786 $72,378 $27,408
2018 $2,535 $97,830 $70,959 $26,871
2017 $2,425 $95,912 $69,567 $26,345
2016 $2,339 $94,650 $68,651 $25,999
2015 $2,068 $93,229 $67,620 $25,609
2014 $2,049 $91,403 $66,295 $25,108
Source: Public Records

Agents Affiliated with this Home

  • Nicola Willhoit

    Seller's Agent in 2020

    Nicola Willhoit

    The W Collection, Inc.

    (949) 246-4915

    3 in this area

    27 Total Sales

    Section Image
  • William Rolfing

    Buyer's Agent in 2020

    William Rolfing

    Coldwell Banker Realty

    (949) 644-1600

    1 in this area

    22 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19257175

California Regional Multiple Listing Service (CRMLS)

APN: 056-130-54

California Orange County Laguna Beach 92651 South Laguna Village

31865 8th Ave, Laguna Beach, CA

This home is located at 31865 8th Ave, Laguna Beach, CA 92651 since 01 November 2019 and is currently estimated at $2,327,718, approximately $1,551 per square foot. This property was built in 1940. 31865 8th Ave is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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