376 Magnolia Dr Laguna Beach, CA 92651
North Laguna Neighborhood
4
Beds
3
Baths
2,950
Sq Ft
6,146
Sq Ft Lot
Highlights
- Ocean Side of Freeway
- Wood Flooring
- Laundry Room
- El Morro Elementary School Rated A+
- Private Yard
- 4 Car Garage
About This Home
As of December 2013Well maintained detached duplex in the desirable tree streets of North Laguna, is within easy walking distance to the beach and Village. The front unit is a spacious 3 bedroom, 2 1/2 bath home with stone flooring, an updated kitchen, walk-in closets and a generous master suite with an ocean view deck. The rear unit is a large 1 bedroom apartment with an unusually spacious floor plan, and premium upgrades not normally found in rental properties.
Last Agent to Sell the Property
Team Laguna Inc License #01063725 Listed on: 12/16/2013
Last Buyer's Agent
Myles Ehlers
Professional Realty Services International License #01905823
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,818
Year Built
- Built in 1954
Lot Details
- 6,146 Sq Ft Lot
- No Common Walls
- Private Yard
- Back and Front Yard
Parking
- 4 Car Garage
- Parking Available
Home Design
- Asphalt Roof
Interior Spaces
- 2,950 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
Kitchen
- Gas Cooktop
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Ocean Side of Freeway
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 412
- Assessor Parcel Number 49603307
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,500
- New Taxes Expense $20,000
- Gross Income $6,500
- Net Operating Income $66,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2022
Sold by
Lim Chi Heang and Lim Aemmy
Bought by
Lim Family Trust
Total Days on Market
187
Current Estimated Value
Purchase Details
Listed on
Dec 16, 2013
Closed on
Dec 11, 2013
Sold by
Bernede Steven Mark
Bought by
Lim Chi Heang and Lim Aemmy
Seller's Agent
Danielle Purcell
Team Laguna Inc
Buyer's Agent
Myles Ehlers
Professional Realty Services International
List Price
$2,000,000
Sold Price
$1,400,000
Premium/Discount to List
-$600,000
-30%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$625,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 2001
Sold by
Bernede Elisa Michelle and Bernede Steven Mark
Bought by
Bernede Steven Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 29, 1999
Sold by
Joseph Bernede
Bought by
Bernede Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.45%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Nov 20, 1997
Sold by
Joseph Bernede and Pace Bernede Pace
Bought by
Bernede Joseph and Bernede Pace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.95%
Mortgage Type
Unknown
Similar Home in Laguna Beach, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Grant Deed | $1,400,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | California Counties Title Co | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $625,500 | New Conventional | |
| Previous Owner | $625,000 | New Conventional | |
| Previous Owner | $58,000 | Unknown | |
| Previous Owner | $193,000 | Credit Line Revolving | |
| Previous Owner | $57,000 | Unknown | |
| Previous Owner | $771,000 | Unknown | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $625,000 | Unknown | |
| Previous Owner | $50,000 | Stand Alone Second | |
| Previous Owner | $450,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/11/2019 11/11/19 | Off Market | $5,750 | -- | -- |
| 11/05/2019 11/05/19 | Rented | $5,500 | -4.3% | -- |
| 10/01/2019 10/01/19 | Price Changed | $5,750 | -4.2% | $3 / Sq Ft |
| 09/13/2019 09/13/19 | Price Changed | $6,000 | -3.2% | $3 / Sq Ft |
| 08/26/2019 08/26/19 | Price Changed | $6,200 | -4.6% | $3 / Sq Ft |
| 08/05/2019 08/05/19 | For Rent | $6,500 | 0.0% | -- |
| 12/13/2013 12/13/13 | Sold | $1,400,000 | -30.0% | $475 / Sq Ft |
| 11/30/2013 11/30/13 | Pending | -- | -- | -- |
| 05/27/2013 05/27/13 | For Sale | $2,000,000 | 0.0% | $678 / Sq Ft |
| 04/01/2013 04/01/13 | Rented | $4,000 | -27.3% | -- |
| 03/29/2013 03/29/13 | Under Contract | -- | -- | -- |
| 09/13/2012 09/13/12 | For Rent | $5,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $18,818 | $1,682,553 | $1,513,257 | $169,296 |
| 2023 | $18,841 | $1,649,562 | $1,483,585 | $165,977 |
| 2022 | $18,385 | $1,617,218 | $1,454,495 | $162,723 |
| 2021 | $17,935 | $1,585,508 | $1,425,975 | $159,533 |
| 2020 | $17,640 | $1,569,251 | $1,411,353 | $157,898 |
| 2019 | $17,294 | $1,538,482 | $1,383,680 | $154,802 |
| 2018 | $16,932 | $1,508,316 | $1,356,549 | $151,767 |
| 2017 | $16,566 | $1,478,742 | $1,329,950 | $148,792 |
| 2016 | $16,222 | $1,449,748 | $1,303,873 | $145,875 |
| 2015 | $15,943 | $1,427,972 | $1,284,288 | $143,684 |
| 2014 | $15,618 | $803,691 | $666,983 | $136,708 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2019
Myles Ehlers
Professional Realty Services International
-
Buyer's Agent in 2019
Shauna Covington
Berkshire Hathaway HomeServices California Properties
(949) 412-8088
8 in this area
97 Total Sales
-
J
Buyer Co-Listing Agent in 2019
Joseph Baker
Berkshire Hathaway HomeServices California Properties
-
Seller's Agent in 2013
Danielle Purcell
Team Laguna Inc
(949) 874-3363
16 in this area
97 Total Sales
-
Seller Co-Listing Agent in 2013
Bradley Rosa
Cypress Cove Real Estate
(949) 464-1063
6 Total Sales
-
J
Buyer's Agent in 2013
Joyce Hardie
Realty One Group West
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG13098678
APN: 496-033-07
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