NOT LISTED FOR SALE

34041 Formosa Dr Dana Point, CA 92629

Lantern Village Neighborhood

Estimated Value: $1,599,000 - $2,253,000

3 Beds
3 Baths
2,000 Sq Ft
$954/Sq Ft Est. Value

Sale Details

Date Sold: July 6, 2020

Last sale price $1,100,000 $550 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $11,441 / mo

100 Days on Market

Highlights

  • Ocean View
  • Private Yard
  • 2 Car Attached Garage
  • Marco Forster Middle School Rated A-
  • No HOA
  • Bike Trail

About This Home

As of July 2020

Sunrise every morning, sunset every night! You chose Southern California for a reason, and this 3 bedroom, 3 bath OCEAN VIEW home is it! This open floor plan house is in a prime location, close to the Dana Point Harbor, and the proposed new Downtown Dana Point. Nothing else in Lantern Village compares! Gourmet kitchen with concrete counter tops, dark wood cabinets, and quality stainless steel appliances. The first floor features a master suite with high ceilings, private balcony, and gas fireplace. Two additional bedrooms on the first level as well. The living area includes an open floor plan with gorgeous hard wood floors, fireplace, and ocean views! The rooftop deck has incredible white water views. There is no better way to end your day than this incredible ocean view sunset from your rooftop deck. With a fenced in backyard,patio, and deck, this house is perfect for entertaining. There is a really big Ocean View dog park at the end of the street! Your California dream home awaits, so call today!

Last Agent to Sell the Property

Summer Franco

Real Living Pacific Realty License #02063202 Listed on: 02/27/2020

Real Living Pacific Realty

Last Buyer's Agent

Brooks Bailey

Serhant California, Inc License #01892672

Serhant California, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 2,050 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Ocean Views
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 968
  • Assessor Parcel Number 68213321

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park
  • Water Sports
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

2,050 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 68213321
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2000.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 550.00
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Watersports, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2050.00
  • Lot Size Acres: 0.0471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2050.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 423.13
  • Tax Lot: 67
  • Tax Tract Number: 968

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 29, 2020
Sold by
Bought by
Seller's Agent
Summer Franco
Real Living Pacific Realty
Buyer's Agent
Brooks Bailey
Serhant California, Inc
List Price
$1,269,000
Sold Price
$1,100,000
Premium/Discount to List
-$169,000
-13.32%
Current Estimated Value
$1,908,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$808,690
Avg. Annual Appreciation
9.69%
Original Mortgage
$765,600
Outstanding Balance
$680,143
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,228,547

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jul 20, 2015
Sold by
Bought by
Seller's Agent
Michael Franco
Real Living Pacific Realty
Buyer's Agent
Michael Franco
Real Living Pacific Realty
List Price
$1,025,000
Sold Price
$985,000
Premium/Discount to List
-$40,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$788,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 27, 2012
Closed on
Aug 27, 2012
Sold by
Bought by
Seller's Agent
Grant Doelp
Red Fox Properties
Buyer's Agent
MJ McCarthy Lloyd
Coldwell Banker Realty
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$689,512
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Aug 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,500
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,100,000 Wfg National Title
$985,000 Pacific Coast Title Company
$700,000 First American Title Company
-- None Available
-- Accommodation
-- Southland Title
-- Southland Title Corporation
-- Southland Title
$410,000 United Title Company
-- United Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $765,600
Previous Owner $788,000
Previous Owner $689,512
Previous Owner $507,500
Previous Owner $328,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2020 07/06/20 Sold $1,100,000 0.0% $550 / Sq Ft
05/20/2020 05/20/20 Price Changed $1,100,000 -7.9% $550 / Sq Ft
05/06/2020 05/06/20 Price Changed $1,194,000 -0.4% $597 / Sq Ft
03/11/2020 03/11/20 Price Changed $1,199,000 -5.5% $600 / Sq Ft
02/27/2020 02/27/20 For Sale $1,269,000 +28.8% $635 / Sq Ft
07/22/2015 07/22/15 Sold $985,000 -3.9% $493 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $1,025,000 0.0% $513 / Sq Ft
06/04/2015 06/04/15 Price Changed $1,025,000 -2.3% $513 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $1,049,000 0.0% $525 / Sq Ft
03/24/2015 03/24/15 Price Changed $1,049,000 0.0% $525 / Sq Ft
02/27/2015 02/27/15 Price Changed $1,049,000 -4.5% $525 / Sq Ft
01/14/2015 01/14/15 Price Changed $1,099,000 -4.4% $550 / Sq Ft
10/27/2014 10/27/14 For Sale $1,149,000 +64.1% $575 / Sq Ft
10/03/2012 10/03/12 Sold $700,000 -6.7% $350 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $749,900 -- $375 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,587 $1,190,674 $875,941 $314,733
2024 $13,587 $1,167,328 $858,766 $308,562
2023 $13,031 $1,144,440 $841,928 $302,512
2022 $12,761 $1,122,000 $825,419 $296,581
2021 $12,389 $1,100,000 $809,234 $290,766
2020 $10,801 $1,066,194 $777,900 $288,294
2019 $11,841 $1,045,289 $762,647 $282,642
2018 $11,469 $1,024,794 $747,694 $277,100
2017 $11,177 $1,004,700 $733,033 $271,667
2016 $10,891 $985,000 $718,659 $266,341
2015 $7,947 $717,227 $465,437 $251,790
2014 $7,808 $703,178 $456,320 $246,858
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Summer Franco

    Real Living Pacific Realty

    Section Image
  • Brooks Bailey

    Buyer's Agent in 2020

    Brooks Bailey

    Serhant California, Inc

    (909) 557-6150

    140 Total Sales

    Brooks Bailey
    Section Image

  • M

    Seller's Agent in 2015

    Michael Franco

    Real Living Pacific Realty

    (800) 660-9140

    58 Total Sales

    Michael Franco
    Section Image

  • G

    Seller's Agent in 2012

    Grant Doelp

    Red Fox Properties

    (949) 485-8576

    Grant Doelp
    Section Image
  • MJ McCarthy Lloyd

    Buyer's Agent in 2012

    MJ McCarthy Lloyd

    Coldwell Banker Realty

    (949) 310-7355

    1 Total Sale

    MJ McCarthy Lloyd
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20043572

California Regional Multiple Listing Service (CRMLS)

APN: 682-133-21

California Orange County Dana Point 92629 Lantern Village

34041 Formosa Dr, Dana Point, CA

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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