NOT LISTED FOR SALE

Estimated Value: $2,765,000 - $5,022,000

4 Beds
4 Baths
2,633 Sq Ft
$1,360/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $2,800,000 $1,063 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $22,666/month

97 Days on Market

Highlights

  • Ocean View
  • Second Garage
  • High Ceiling
  • El Morro Elementary School Rated A+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2023

Ideally positioned on a quiet hillside block in North Laguna, this charming Tree Streets property offers unlimited possibilities. The cute beachside cottage is just minutes from Laguna’s Main Beach, Heisler Park, the Sawdust Festival/Pageant of the Masters, world-class restaurants, shopping, hiking and biking trails, and great schools. This home is currently configured with one two-bedroom, two bathroom unit above the garage, featuring 992 square feet and ocean views creating potential for both a personal residence and income opportunity. This unique property boasts character and charm in its interior details including lofty ceilings, exposed beams and an open concept living area and an ultra rare (2) two car garages. In addition, discover a lovely outdoor garden, deck space, and spacious front yard. The premium location and well-established neighborhood make it highly sought after and an excellent investment. The main house features over 1600 SF of interior living space and two bedrooms.

Last Agent to Sell the Property

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 02/17/2023

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Last Buyer's Agent

Dave Csira

CSIRA Properties Inc. License #01491451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,737

Year Built

  • Built in 1949

Lot Details

  • 6,125 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • Second Garage
  • 4 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Duplex
  • Cottage
  • Fixer Upper

Interior Spaces

  • 2,633 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms
  • Walk-in Shower

Utilities

  • Central Heating
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Wood patio

Listing and Financial Details

  • Legal Lot and Block 22 / 29
  • Tax Tract Number 413
  • Assessor Parcel Number 49603116
  • $2,000 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Laguna Subdivision

Recreation

  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,737

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 49603116
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2633.00 Square Feet
  • Interior Amenities: High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1063.43
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Shower

Exterior Features

  • Patio: Yes
  • Other Structures: Second Garage, Second Garage Attached
  • View: Neighborhood, Ocean, Water
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Watersports, Storm Drains

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6125.00
  • Lot Size Acres: 0.1406

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6125.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 626.05
  • Tax Lot: 22
  • Tax Tract Number: 413
  • TaxOtherAnnualAssessmentAmount: 2000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 25, 2023
Sold by
Kathleen A Mack Short Living Trust
Bought by
Ldm Coastal Properties Llc
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Dave Csira
CSIRA Properties Inc.
List Price
$3,495,000
Sold Price
$2,800,000
Premium/Discount to List
-$695,000
-19.89%
Total Days on Market
97
Views
93
Current Estimated Value
$3,581,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,584
Avg. Annual Appreciation
13.61%
Original Mortgage
$1,400,000
Outstanding Balance
$1,369,684
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$2,211,900

Purchase Details

Closed on
Oct 24, 2022
Sold by
Short Kathleen A
Bought by
Kathleen A Mack Short Living Trust
Source: Public Records

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Range of Values:

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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
Ldm Coastal Properties Llc $2,800,000 Lawyers Title Company
Kathleen A Mack Short Living Trust -- --
Short Katheen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ldm Coastal Properties Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $2,800,000 -6.5% $1,063 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/18/2023 05/18/23 Price Changed $2,995,000 -9.1% $1,137 / Sq Ft
03/27/2023 03/27/23 Price Changed $3,295,000 -5.7% $1,251 / Sq Ft
02/17/2023 02/17/23 For Sale $3,495,000 -- $1,327 / 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
2024 $30,737 $2,856,000 $2,662,709 $193,291
2023 $20,657 $1,836,000 $1,720,398 $115,602
2022 $4,503 $254,072 $66,925 $187,147
2021 $4,317 $249,091 $65,613 $183,478
2020 $4,162 $246,537 $64,940 $181,597
2019 $4,046 $241,703 $63,666 $178,037
2018 $3,939 $236,964 $62,417 $174,547
2017 $3,827 $232,318 $61,193 $171,125
2016 $3,720 $227,763 $59,993 $167,770
2015 $3,625 $224,342 $59,092 $165,250
2014 $3,533 $219,948 $57,935 $162,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG23028276

California Regional Multiple Listing Service (CRMLS)

APN: 496-031-16