NOT LISTED FOR SALE

Estimated Value: $2,600,000 - $9,599,113

5 Beds
5.5 Baths
6,466 Sq Ft
$970/Sq Ft Est. Value

Last Sold June 22, 2020

Last sale price $6,400,000 $990 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $39,303/month

104 Days on Market

Highlights

  • White Water Ocean Views
  • Wine Cellar
  • Updated Kitchen
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • 0.23 Acre Lot

About This Home

As of June 2020

Stylish, remodeled accommodations and awe-inspiring ocean views are enjoyed in equal measure at this stunning 6,450+ SF estate nestled into the Laguna Beach hillside. No detail was overlooked in the home’s transformation which included new floors, windows and doors; the merging of the guest house and main residence; the introduction of an award-worthy wine room measuring approximately 600 SF; updated bathrooms and kitchen; and integration of ‘Smart Home’ technology, to name a few. Views of the ocean and city lights are abundant from nearly every room given the thoughtful layout which spans across multiple levels including secondary bedrooms on the lowest level, common areas and guest house access on the middle level, and the master retreat with spa-bath and dual closets on the top level with a bird’s eye view of the coastline. Juxtaposed by sparkling seas and the wine room’s brick-barreled ceiling and stone walls, the bright and sprawling great room presents a unique setting for entertaining that flows with ease to an array of decks and patios fit with IPA seating and custom table with gas fire pit. Set on a 10,000+ SF parcel, the home’s exteriors also offer a putting green, fruit trees, storage sheds and multiple raised garden beds. Additional highlights of the premier estate include 2 laundry rooms, Lutron automated shades, surveillance cameras, a garage accommodating 3 cars and a golf cart, and a location just moments to the beach, restaurants, resorts and shopping.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/03/2020

Coldwell Banker Realty

Last Buyer's Agent

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 03/03/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,138

Year Built

  • Built in 1944 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Landscaped
  • Garden
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 6,466 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Cellar
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Home Office
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Convection Oven
  • Electric Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Maid or Guest Quarters
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Multiple Shower Heads
  • Separate Shower

Home Security

  • Smart Home
  • Closed Circuit Camera

Outdoor Features

  • Deck
  • Patio
  • Terrace
  • Fire Pit
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Wrap Around Porch

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Additional Features

  • Fireplace in Guest House
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 2
  • Tax Tract Number 437
  • Assessor Parcel Number 65612607

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,138

Year Built

Built in 1944 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65612607
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6466.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Ceiling Fan(s), Elevator, Home Automation System, Pantry, Recessed Lighting, Stone Counters, Storage, Vacuum Central, Wired for Data, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Guest House, Fire Pit
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 989.79
  • Room Type: Entry, Great Room, Guest/Maid's Quarters, Kitchen, Laundry, Master Suite, Office, Walk-In Closet, Walk-In Pantry, Wine Cellar
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Remodeled, Separate Tub And Shower, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters
  • View: Catalina, City Lights, Coastline, Neighborhood, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Terrace, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Double Oven, Electric Oven, Freezer, Disposal, Gas Cooktop, Ice Maker, Microwave, Range Hood, Refrigerator, Warming Drawer
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Garden, Landscaped, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10019.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10019.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 626.20
  • Tax Lot: 14
  • Tax Tract Number: 437

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2020
Closed on
Jun 15, 2020
Sold by
Moore William A and Moore Terri A
Bought by
Little Cellars Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$7,395,000
Sold Price
$6,400,000
Premium/Discount to List
-$995,000
-13.46%
Current Estimated Value
$6,270,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,629
Avg. Annual Appreciation
-0.39%

Purchase Details

Listed on
May 29, 2012
Closed on
Oct 31, 2012
Sold by
Schwab Michael R and Schwab Natalie
Bought by
Moore William A and Moore Terri A
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Tim Smith
Coldwell Banker Realty
List Price
$3,995,000
Sold Price
$3,600,000
Premium/Discount to List
-$395,000
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$2,000,000
Interest Rate
2.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Jerkunica Marco and Hopkirk David
Bought by
Schwab Michael R and Schwab Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2000
Sold by
Jerkunica Marinko M
Bought by
Jerkunica Marinko M

Purchase Details

Closed on
Jun 7, 1999
Sold by
Jerkunica Marco James
Bought by
Jerkunica Marinko M and The Jerkunica Family Trust

Purchase Details

Closed on
Jul 3, 1997
Sold by
Brunette Maria
Bought by
Jerkunica Marinko M

Purchase Details

Closed on
Jan 10, 1995
Sold by
Jerkunica Marinko M
Bought by
Jerkunica Marinko M and Jerkunica Beverly L
Source: Public Records

Range of Values:

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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
Little Cellars Llc $6,400,000 Ticor Title Company
Moore William A $3,600,000 California Title Company
Schwab Michael R $2,700,000 Multiple
Jerkunica Marco -- Multiple
Jerkunica Marinko M -- --
Jerkunica Marinko M -- --
Jerkunica Marinko M -- --
Jerkunica Marinko M -- --
Jerkunica Marinko M -- --
Jerkunica Marinko M -- Continental Lawyers Title Co
Jerkunica Marinko M -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore William A $2,000,000
Previous Owner Schwab Michael R $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2020 06/22/20 Sold $6,400,000 -4.4% $990 / Sq Ft
05/04/2020 05/04/20 Price Changed $6,695,000 -9.5% $1,035 / Sq Ft
03/03/2020 03/03/20 For Sale $7,395,000 +105.4% $1,144 / Sq Ft
12/10/2012 12/10/12 Sold $3,600,000 -2.7% $783 / Sq Ft View Prior Sale
11/05/2012 11/05/12 Pending -- -- --
10/18/2012 10/18/12 Price Changed $3,699,000 -7.4% $804 / Sq Ft
05/29/2012 05/29/12 For Sale $3,995,000 -- $868 / 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 $71,138 $6,999,333 $5,418,047 $1,581,286
2024 $71,138 $6,862,092 $5,311,811 $1,550,281
2023 $69,367 $6,727,542 $5,207,658 $1,519,884
2022 $68,005 $6,595,630 $5,105,547 $1,490,083
2021 $66,644 $6,466,304 $5,005,438 $1,460,866
2020 $45,121 $4,350,953 $2,945,384 $1,405,569
2019 $44,323 $4,265,641 $2,887,632 $1,378,009
2018 $43,447 $4,182,001 $2,831,011 $1,350,990
2017 $41,873 $4,030,838 $2,775,501 $1,255,337
2016 $41,090 $3,953,942 $2,721,080 $1,232,862
2015 $38,365 $3,688,598 $2,581,709 $1,106,889
2014 $37,624 $3,616,344 $2,531,137 $1,085,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20037220

California Regional Multiple Listing Service (CRMLS)

APN: 656-126-07