NOT LISTED FOR SALE

Estimated Value: $2,091,000 - $2,364,000

3 Beds
3 Baths
1,387 Sq Ft
$1,603/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $1,453,000 $1,048 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $13,575/month

102 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Midcentury Modern Architecture
  • El Morro Elementary School Rated A+
  • Across the Road from Lake or Ocean
  • Deck

About This Home

As of November 2020

Welcome to 32035 Virginia Way. A beautifully upgraded, modern cottage with completely separate guest unit featuring a private entrance and full kitchen. Upstairs offers two bedrooms, two bathrooms, a modernized kitchen with a stainless steel appliance suite and expansive Catalina, coastline and panoramic ocean views. Vaulted ceilings meet a wall of glass in the living room which opens on to a large deck with barbecue and jacuzzi. Downstairs features 1 bedroom and one bathroom with a slider out to a private deck and patio area with lush landscaping and modern hardscape with a poured in place concrete fire-pit. Located a short distance from famous Thousand Steps Beach and only minutes from downtown this is a flexible property that had all of it's major systems upgraded in 2012 including plumbing, HVAC, roof and electrical. The two-unit configuration make this a home that can be used in a variety of ways.

Last Agent to Sell the Property

Carter Kaufman

Compass License #01968622 Listed on: 06/22/2020

Compass

Last Buyer's Agent

Richard Dewey

Pacific Sotheby’s International Realty License #01988199

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,544

Year Built

  • Built in 1932 | Remodeled

Lot Details

  • 3,756 Sq Ft Lot
  • Rectangular Lot

Property Views

  • Ocean
  • Coastline
  • Catalina
  • City Lights
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Modern Architecture
  • Cottage
  • Turnkey
  • Additions or Alterations
  • Shingle Roof

Interior Spaces

  • 1,387 Sq Ft Home
  • Sliding Doors
  • Atrium Doors
  • Family Room
  • Living Room
  • Galley Kitchen
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Outdoor Features

  • Above Ground Spa
  • Deck
  • Patio
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Across the Road from Lake or Ocean
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • South Laguna Village Subdivision

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 849
  • Assessor Parcel Number 05614328

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,544

Year Built

Built in 1932 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: South Laguna Village (SLV)
  • View: Yes
  • Architectural Style: Contemporary, Cottage, Mid Century Modern, Modern
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05614328
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1387.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Atrium Doors, Sliding Doors
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1047.58
  • Room Type: Family Room, Galley Kitchen, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Above Ground
  • Bathroom Features: Upgraded

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean
  • Patio And Porch Features: Deck, Wrap Around
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 3756.00
  • Lot Size Acres: 0.0862

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3756.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Lot: 97
  • Tax Tract Number: 849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 13, 2020
Sold by
Polanco Kenneth and Polanco Debra
Bought by
Hicks Michael and Pyle April
Seller's Agent
Carter Kaufman
Compass
Buyer's Agent
Richard Dewey
Pacific Sotheby’s International Realty
List Price
$1,695,000
Sold Price
$1,453,000
Premium/Discount to List
-$242,000
-14.28%
Current Estimated Value
$2,223,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,204
Avg. Annual Appreciation
9.37%
Original Mortgage
$1,307,700
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2004
Sold by
Polanco Kenneth and Polanco Debra Dee
Bought by
Polanco Kenneth and Polanco Debra

Purchase Details

Closed on
Feb 4, 1999
Sold by
Drake Whitney A
Bought by
Polanco Kenneth and Polanco Debra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.12%
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
Hicks Michael $1,453,000 Chicago Title Company
Polanco Kenneth -- --
Polanco Kenneth $390,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hicks Michael $0
Previous Owner Hicks Michael $1,307,700
Previous Owner Polanco Kenneth $305,000
Previous Owner Polanco Kenneth $312,000
Previous Owner Drake Whitney A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $1,453,000 -2.8% $1,048 / Sq Ft
08/25/2020 08/25/20 Price Changed $1,495,000 -11.8% $1,078 / Sq Ft
06/22/2020 06/22/20 For Sale $1,695,000 0.0% $1,222 / Sq Ft
09/03/2017 09/03/17 Rented $5,900 0.0% --
08/11/2017 08/11/17 Price Changed $5,900 -1.6% $4 / Sq Ft
08/11/2017 08/11/17 Price Changed $5,995 -0.1% $4 / Sq Ft
07/28/2017 07/28/17 For Rent $6,000 -- --
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 $17,544 $1,572,773 $1,498,857 $73,916
2024 $17,544 $1,541,935 $1,469,468 $72,467
2023 $17,346 $1,511,701 $1,440,654 $71,047
2022 $16,845 $1,482,060 $1,412,406 $69,654
2021 $16,500 $1,453,000 $1,384,711 $68,289
2020 $7,452 $559,052 $471,439 $87,613
2019 $7,350 $548,091 $462,195 $85,896
2018 $7,129 $537,345 $453,133 $84,212
2017 $6,844 $526,809 $444,248 $82,561
2016 $6,621 $516,480 $435,537 $80,943
2015 $6,323 $508,722 $428,994 $79,728
2014 $6,226 $498,757 $420,590 $78,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20120784

California Regional Multiple Listing Service (CRMLS)

APN: 056-143-28