Seller's Agent in 2014
Steven Brown
STEVEN M BROWN & ASSOCIATES
(949) 622-0417
10 Total Sales
35635 Beach Rd Capistrano Beach, CA 92624
Estimated Value: $3,337,000 - $4,595,000
3
Beds
2
Baths
1,400
Sq Ft
$2,750/Sq Ft
Est. Value
Highlights
- Ocean Front
- 24-Hour Security
- Fireplace in Primary Bedroom
- Palisades Elementary School Rated A
- Ocean Side of Highway 1
- Lanai
About This Home
As of April 2014A "RARE JEWEL" ON THE BEACH IS THE BEST WAY TO DESCRIBE THIS BEACH COTTAGE COMPLETELY REMODELED IN 2011. LOCATED IN THE GATED COMMUNITY OF CAPISTRANO BAY COMMUNITY SERVICES DISTRICT (CBD), THIS PROPERTY IS THE BEST VALUE ON BEACH ROAD. ALTHOUGH THIS HOME WAS BUILT IN 1950, HAVING UNDERGONE A RECENT RENOVATION, IT SHOWS LIKE A MODEL AND IS BEING SOLD WITH ALL EXISTING FURNISHINGS, APPLIANCES AND ELECTRONICS. THE SPECTACULAR OCEANFRONT YARD HAS A COVERED PATIO, MANICURED LAWN, OUTDOOR SHOWER AND YOUR OWN PRIVATE STEPS TO THE BEACH.....A WONDERFUL AREA FOR EVENING OUTDOOR DINING AND ENTERTAINING FAMILY AND FRIENDS. PRICED AT LOT VALUE, YOU CAN ENJOY LIVING IN THE HOME "AS IS" OR ENJOY IT WHILE YOU MAKE PLANS FOR YOUR NEW HOME. THIS PROPERTY IS PERFECT FOR A SECOND HOME AND IS SET UP TO BE A GREAT VACATION RENTAL. THE PROPERTY COMES WITH FOUR PARKING SPACES SUBLEASED FROM CBD AT A COST OF $400.00 PER YEAR. CBD CHARGES EACH PROPERTY OWNER AN ANNUAL FEE TO HELP BALANCE THE ANNUAL OPERATING BUDGET PRIMARILY FUNDED BY A PORTION OF THE PROPERTY TAXES. THE CURRENT ANNUAL FEE IS APPROXIMATELY $1,140.00.
Last Agent to Sell the Property
STEVEN M BROWN & ASSOCIATES License #00460947 Listed on: 04/19/2014
Home Details
Home Type
- Single Family
Year Built
- Built in 1950 | Remodeled
Lot Details
- 3,049 Sq Ft Lot
- Ocean Front
- Wood Fence
- Block Wall Fence
HOA Fees
- $4 Monthly HOA Fees
Property Views
- White Water Ocean
- Coastline
- City Lights
Home Design
- Cottage
- Entry on the 1st floor
- Slab Foundation
- Composition Roof
- Copper Roof
- Wood Siding
- Shingle Siding
Interior Spaces
- 1,400 Sq Ft Home
- 1-Story Property
- Furnished
- Skylights
- Recessed Lighting
- Double Pane Windows
- Custom Window Coverings
- Window Screens
- Sliding Doors
- Living Room with Fireplace
- L-Shaped Dining Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- 2 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Parking
- 4 Car Attached Garage
- Parking Available
- Uncovered Parking
- Off-Street Parking
Outdoor Features
- Property has ocean access
- Ocean Side of Highway 1
- Covered Patio or Porch
- Lanai
- Exterior Lighting
- Rain Gutters
Utilities
- No Heating
- Water Heater
- Cable TV Available
Community Details
- 24-Hour Security
Listing and Financial Details
- Legal Lot and Block 62 / 1
- Tax Tract Number 889
- Assessor Parcel Number 69116208
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2014
Closed on
Apr 24, 2014
Sold by
Mcelrath Stephen L and Mcelrath Lynn A
Bought by
Perez Joseph
Seller's Agent
Steven Brown
STEVEN M BROWN & ASSOCIATES
Buyer's Agent
Posh Subat
BK Platinum Properties
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$949,754
Avg. Annual Appreciation
2.46%
Original Mortgage
$1,620,000
Outstanding Balance
$1,230,575
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$2,619,179
Purchase Details
Listed on
Apr 19, 2014
Closed on
Mar 31, 2014
Sold by
Perez Sara
Bought by
Perez Joseph
Seller's Agent
Steven Brown
STEVEN M BROWN & ASSOCIATES
Buyer's Agent
Posh Subat
BK Platinum Properties
List Price
$2,950,000
Sold Price
$2,900,000
Premium/Discount to List
-$50,000
-1.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Outstanding Balance
$1,230,575
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$2,619,179
Purchase Details
Closed on
Sep 3, 2010
Sold by
Fluter Russell E
Bought by
Mcelrath Stephen L and Mcelrath Lynn A
Purchase Details
Closed on
Jun 23, 2006
Sold by
Fluter Russell E
Bought by
Fluter Russell E and The Russell E Fluter Trust
Purchase Details
Closed on
Mar 14, 2006
Sold by
Fluter Leeann
Bought by
Fluter Russell E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2006
Sold by
Dewire Mary H and Dewire Richard G
Bought by
Fluter Russell E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 1999
Sold by
Dewire Richard G and Dewire Mary H
Bought by
Dewire Richard G and Dewire Mary H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Joseph | $2,900,000 | Lawyers Title | |
| Perez Joseph | -- | Lawyers Title | |
| Mcelrath Stephen L | $2,200,000 | First American Title Company | |
| Fluter Russell E | -- | None Available | |
| Fluter Russell E | -- | Fidelity National Title | |
| Fluter Russell E | $2,950,000 | Fidelity National Title | |
| Dewire Richard G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perez Joseph | $1,620,000 | |
| Previous Owner | Fluter Russell E | $1,800,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2014 04/29/14 | Sold | $2,900,000 | -1.7% | $2,071 / Sq Ft |
| 04/19/2014 04/19/14 | For Sale | $2,950,000 | 0.0% | $2,107 / Sq Ft |
| 03/05/2014 03/05/14 | Pending | -- | -- | -- |
| 03/04/2014 03/04/14 | Pending | -- | -- | -- |
| 12/31/2013 12/31/13 | For Sale | $2,950,000 | -- | $2,107 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $40,240 | $3,555,001 | $3,513,046 | $41,955 |
| 2024 | $40,240 | $3,485,296 | $3,444,163 | $41,133 |
| 2023 | $36,009 | $3,416,957 | $3,376,630 | $40,327 |
| 2022 | $35,300 | $3,349,958 | $3,310,421 | $39,537 |
| 2021 | $34,736 | $3,284,273 | $3,245,511 | $38,762 |
| 2020 | $34,138 | $3,250,597 | $3,212,232 | $38,365 |
| 2019 | $33,701 | $3,186,860 | $3,149,247 | $37,613 |
| 2018 | $32,971 | $3,124,373 | $3,087,497 | $36,876 |
| 2017 | $32,229 | $3,063,111 | $3,026,958 | $36,153 |
| 2016 | $31,472 | $3,003,050 | $2,967,605 | $35,445 |
| 2015 | $31,608 | $2,957,942 | $2,923,029 | $34,913 |
| 2014 | $24,954 | $2,299,271 | $2,264,382 | $34,889 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Brown
-
Posh Subat
Buyer's Agent in 2014
Posh Subat
BK Platinum Properties
(714) 926-9361
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG14000128
APN: 691-162-08
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