NOT LISTED FOR SALE

Estimated Value: $6,463,539 - $7,753,000

3 Beds
3 Baths
2,098 Sq Ft
$3,411/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $5,100,000 $2,431 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $40,828/month

Highlights

  • Beach Front
  • White Water Ocean Views
  • Home Theater
  • El Morro Elementary School Rated A+
  • Property has ocean access
  • Ocean Side of Highway 1

About This Home

As of September 2021

Oceanfront Home with private steps to the sand and your own private beach above the median high tide line. Spectacular, unobstructed views of beach, sand, surf break, crashing waves on rocks and Catalina Island. Entire exterior renovation of the home just completed - Modern Cottage style - White with Black trim and Shutters! Brand new pivoting glass front door. New glass paneled garage door. Parking for 7 cars!! Three large view decks all newly refurbished with brand new awnings. Sitting Room off the Master with fireplace and new European Oak Plank flooring. Great Room includes a Living Room, Dining, Kitchen and Large Deck, all with full Ocean & Beach views. Another sitting room off the 2nd bedroom with its own serene patio with comfy lounge area for reading or relaxing after a day down on the beach. The 3rd bedroom suite on the bottom floor also has its own sitting room and access to the largest balcony connecting to your own private staircase to the beach. Located in South Laguna at Thousand Steps Beach.

Last Agent to Sell the Property

Mary Beth Buckles

Coldwell Banker Realty License #01165545 Listed on: 09/04/2021

Coldwell Banker Realty

Last Buyer's Agent

Farzan Parvizi

First Team Real Estate License #01125158

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,454

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 8,488 Sq Ft Lot
  • Beach Front
  • Secluded Lot

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Rock

Home Design

  • Custom Home
  • Turnkey
  • Wood Siding

Interior Spaces

  • 2,098 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Sliding Doors
  • Separate Family Room
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Theater
  • Den
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • South Laguna Bluffs Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3
  • Assessor Parcel Number 65811345

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,454

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • Subdivision Name Other: South Laguna Bluffs (SLB)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65811345
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2098.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Furnished, Granite Counters, Living Room Balcony, Recessed Lighting
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Ell
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2430.89
  • Room Type: Den, Dressing Area, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Media Room, Separate Family Room, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Rocks, White Water
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Range, Microwave, Range Hood, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Secluded
  • Lot Size Sq Ft: 8488.00
  • Lot Size Acres: 0.1949

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 8488.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 22
  • Tax Tract Number: 00003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2021
Closed on
Aug 20, 2021
Sold by
Muller Stephen J and Divo Survivors Trust
Bought by
509 California Drive Llc
Seller's Agent
Mary Beth Buckles
Coldwell Banker Realty
Buyer's Agent
Farzan Parvizi
First Team Real Estate
List Price
$5,750,000
Sold Price
$5,100,000
Premium/Discount to List
-$650,000
-11.3%
Current Estimated Value
$6,612,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,512,866
Avg. Annual Appreciation
10.00%
Original Mortgage
$1,300,000
Outstanding Balance
$1,190,612
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$6,213,699

Purchase Details

Closed on
Jan 13, 2021
Sold by
Muller Stephen J and Divo Trust
Bought by
Muller Stephen J and Divo Survivors Trust

Purchase Details

Closed on
Jul 31, 2019
Sold by
Divo Beachwalk Lp
Bought by
Muller Stephen J and Divo Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,120,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 4, 2016
Closed on
Jun 21, 2017
Sold by
Willner Ayal and Willner Gila
Bought by
Divo Beachwalk Lp
Seller's Agent
Clark Smith
Realatrends
Buyer's Agent
Mary Beth Buckles
Coldwell Banker Realty
List Price
$5,475,000
Sold Price
$4,800,000
Premium/Discount to List
-$675,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
Original Mortgage
$3,120,000
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2015
Sold by
Carew Thomas J and Carew Mary Jo
Bought by
Willner Ayal and Willner Gila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 2009
Sold by
Carew Thomas J and Carew Mary Jo
Bought by
Carew Thomas J and Carew Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,500
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2002
Sold by
Carew Thomas J and Carew Mary Jo
Bought by
Carew Thomas J and Carew Mary Jo

Purchase Details

Closed on
Jan 20, 2000
Sold by
Freedman Marshall S
Bought by
Carew Thomas J and Crew Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
8.22%

Purchase Details

Closed on
Dec 14, 1995
Sold by
Freedman Marshall
Bought by
Freedman Marshall S
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
509 California Drive Llc $5,100,000 Equity Title Company
Muller Stephen J -- None Available
Muller Stephen J -- Fntg Builder Services
Divo Beachwalk Lp $4,800,000 Fidelity National Title Grou
Willner Ayal $4,000,000 Chicago Title Company
Carew Thomas J -- Stewart Title Of California
Carew Thomas J -- Stewart Title Of California
Carew Thomas J -- --
Carew Thomas J $1,350,000 Chicago Title Co
Freedman Marshall S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 509 California Drive Llc $800,000
Open 509 California Drive Llc $1,300,000
Previous Owner Muller Stephen J $3,120,000
Previous Owner Muller Stephen J $4,600,000
Previous Owner Divo Beachwalk Lp $3,120,000
Previous Owner Willner Ayal $2,800,000
Previous Owner Carew Thomas J $2,494,262
Previous Owner Carew Thomas J $685,500
Previous Owner Carew Thomas J $300,000
Previous Owner Carew Thomas J $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $5,100,000 -11.3% $2,431 / Sq Ft
09/04/2021 09/04/21 For Sale $5,750,000 +40971.4% $2,741 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
02/29/2020 02/29/20 Rented $14,000 -6.7% --
02/12/2020 02/12/20 Price Changed $15,000 +25.0% $7 / Sq Ft
01/17/2020 01/17/20 Price Changed $12,000 -20.0% $6 / Sq Ft
12/06/2019 12/06/19 For Rent $15,000 0.0% --
06/27/2017 06/27/17 Sold $4,800,000 -9.0% $2,182 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
10/18/2016 10/18/16 Price Changed $5,275,000 -3.7% $2,398 / Sq Ft
07/04/2016 07/04/16 For Sale $5,475,000 +36.9% $2,489 / Sq Ft
09/18/2015 09/18/15 Sold $4,000,000 -10.1% $1,818 / Sq Ft
04/26/2015 04/26/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $4,450,000 -6.3% $2,023 / Sq Ft
03/18/2015 03/18/15 Price Changed $4,750,000 -0.5% $2,159 / Sq Ft
03/17/2015 03/17/15 Price Changed $4,775,000 -4.2% $2,170 / Sq Ft
01/29/2015 01/29/15 For Sale $4,985,000 -- $2,266 / 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 $55,454 $5,412,160 $5,137,324 $274,836
2024 $55,454 $5,306,040 $5,036,592 $269,448
2023 $54,555 $5,202,000 $4,937,835 $264,165
2022 $53,199 $5,100,000 $4,841,014 $258,986
2021 $53,161 $5,092,960 $4,844,295 $248,665
2020 $52,484 $5,040,738 $4,794,622 $246,116
2019 $51,547 $4,941,900 $4,700,609 $241,291
2018 $50,632 $4,845,000 $4,608,440 $236,560
2017 $42,866 $4,080,000 $3,835,124 $244,876
2016 $42,134 $4,000,000 $3,759,925 $240,075
2015 $19,747 $1,833,860 $1,612,783 $221,077
2014 $19,400 $1,797,938 $1,581,191 $216,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21196093

California Regional Multiple Listing Service (CRMLS)

APN: 658-113-45