NOT LISTED FOR SALE

Estimated Value: $2,103,396 - $2,357,000

2 Beds
2 Baths
888 Sq Ft
$2,517/Sq Ft Est. Value

Last Sold November 11, 2020

Last sale price $1,360,000 $1,532 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $13,247/month

81 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • El Morro Elementary School Rated A+
  • Main Floor Bedroom
  • Cottage

About This Home

As of November 2020

This home sits on one of the finest large lots in Laguna Beach. Walk to Forest Avenue in approximately 1 minute and 38 seconds. Only 78 paces from the homes driveway to the downtown Village & Forest Avenue! Another unique fact about this property is that it is zoned R-3. Lot is 9145 sq ft . Call your architect today! The home sits way back on the lot and looks to be in its original condition- hardwood floors and unique beach cottage touches with plenty of windows and light. There is so much potential on this lot! Living here, not only can you leisurely stroll throughout the Village and enjoy all of the galleries, shopping, world class dining, & Main Beach (only a 3 minute walk), you can easily walk to the Sawdust Festival, and the Pageant of the Masters as well. Throw away that parking pass and loose your Ubers phone number. Come home to 328 Loma Ter and let it be your artist pallet! To the left, facing the house are two contemporary masterpieces- one designed by Laguna's in vogue architect David Smith and one built by sought after Laguna builder Peter McCarroll. If you plan to upgrade there is great rental potential within a home so close to the village as well while you are getting your plans approved. Call me for builder phone number to discuss building/ remodeling options.
A nice time to visit would be around 5 o'clock pm when the charming village bells go off. Check out the virtual tour icon to hear the bells from the property!

Last Agent to Sell the Property

Amber Raulston

CENTURY 21 Affiliated License #01799685 Listed on: 07/01/2020

CENTURY 21 Affiliated

Last Buyer's Agent

Amber Raulston

CENTURY 21 Affiliated License #01799685 Listed on: 07/01/2020

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,105

Year Built

  • Built in 1941

Lot Details

  • 9,145 Sq Ft Lot
  • Back and Front Yard

Property Views

  • Ocean
  • Peek-A-Boo
  • Neighborhood

Home Design

  • Cottage

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room with Fireplace
  • Wood Flooring
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Parking

  • Detached Carport Space
  • Parking Available
  • Driveway

Schools

  • Laguna Beach High School

Additional Features

  • Concrete Porch or Patio
  • Suburban Location
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Main Beach Subdivision

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 503
  • Assessor Parcel Number 64127208

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,105

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Main Beach (BCH)
  • View: Yes
  • Architectural Style: Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64127208
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 888.00 Square Feet
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1531.53
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Ocean, Peek-A-Boo
  • Patio And Porch Features: Concrete, Wood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Driveway

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Laguna Beach Unified
  • High School: Laguna Beach
  • High School: Laguna Beach
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9145.00
  • Lot Size Acres: 0.2099
  • Latitude Manual: 33.54460200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9145.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 52
  • Tax Tract Number: 503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 24, 2020
Sold by
Pearson Katherine C and Carroll Margaret A
Bought by
Holland Alexander
Seller's Agent
Amber Raulston
CENTURY 21 Affiliated
Buyer's Agent
Amber Raulston
CENTURY 21 Affiliated
List Price
$1,550,000
Sold Price
$1,360,000
Premium/Discount to List
-$190,000
-12.26%
Current Estimated Value
$2,235,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$875,349
Avg. Annual Appreciation
9.74%
Original Mortgage
$765,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Holland Alexander $1,360,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Alexander $300,000
Previous Owner Holland Alexander $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2020 11/11/20 Sold $1,360,000 -12.3% $1,532 / Sq Ft
07/01/2020 07/01/20 For Sale $1,550,000 -- $1,745 / 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 $12,105 $1,141,064 $942,030 $199,034
2024 $12,105 $1,118,691 $923,559 $195,132
2023 $12,129 $1,096,756 $905,450 $191,306
2022 $11,846 $1,075,251 $887,696 $187,555
2021 $11,635 $1,054,168 $870,290 $183,878
2020 $2,036 $113,955 $74,303 $39,652
2019 $2,310 $111,721 $72,846 $38,875
2018 $3,474 $109,531 $71,418 $38,113
2017 $3,470 $107,384 $70,018 $37,366
2016 $3,218 $105,279 $68,645 $36,634
2015 $3,218 $103,698 $67,614 $36,084
2014 $3,755 $101,667 $66,289 $35,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20126277

California Regional Multiple Listing Service (CRMLS)

APN: 641-272-08