NOT LISTED FOR SALE

Estimated Value: $2,279,000 - $3,234,000

1 Bed
1 Bath
472 Sq Ft
$6,217/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $2,680,000 $5,678 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $18,016/month

Highlights

  • Furnished
  • No HOA
  • Dogs Allowed
  • Top Of The World Elementary School Rated A
  • Laundry Room
  • Heating Available

About This Home

As of October 2022

Located downtown and only two short blocks to the beach, this home is a true quaint Laguna Beach cottage with tons of privacy in the home and the surrounding outdoor areas. 1 bed, 1 bath with the outdoor living areas surrounded by lush foliage, fountains, fruit trees and lovely stone hardscape. Includes fireplace, washer/dryer, BBQ, outdoor heat lamp, water feature and a Life Source water system. Utilities included. Just a short walk to the HIP District, art galleries, shops, many of Laguna’s favorite restaurants and Thalia Beach (a beach/surf lover top pick). Small dog (no more than 20 lbs) considered with pet deposit. The ultimate in Laguna Beach living.

Property available November 1, 2022. A completely separate 2 bed 2 bath high end home on the property is also available for rent. Will consider renting both to same tenant. See listing #OC22213566.

Last Agent to Rent the Property

Stephanie Allen

Sestra Realty License #01269571 Listed on: 10/04/2022

Last Renter's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,494

Year Built

  • Built in 1921

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 472 Sq Ft Home
  • Furnished
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Heating Available

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes electricity, gardener, gas, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 11/1/22
  • Tax Lot 18
  • Tax Tract Number 416

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The Village Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $250
  • Dogs Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,494

Year Built

Built in 1921

Lot Details

0

Rental Info

  • Cashiers Check: Credit Report, Pet Deposit, Security Deposit
  • Available Date: 2022-11-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 4500
  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Call, Dogs OK, Number Limit, Size Limit

Listing Details

  • Structure Type: Duplex
  • Other Phone Description: 951 500-9844
  • Property Attached: No
  • Subdivision Name Other: The Village (VIL)
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 472.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 7.42
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 5000.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Electricity, Gardener, Gas, Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Oct 31, 2022
Sold by
Wolfe Jimenez and Wolfe Julie
Bought by
Ravencrest Group Llc
Seller's Agent
Stephanie Allen
Sestra Realty
Buyer's Agent
NoEmail NoEmail
None MRML
Sold Price
$3,500
Views
7
Current Estimated Value
$2,934,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,931,026
Avg. Annual Appreciation
2.18%
Original Mortgage
$1,855,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2022
Closed on
Sep 8, 2022
Sold by
Thalia Street Qualified Personal Residen
Bought by
Jimenez Fernando and Jimenez Julie Wolfe
Seller's Agent
Stephanie Allen
Sestra Realty
Buyer's Agent
NoEmail NoEmail
None MRML
Sold Price
$3,500
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,855,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2006
Sold by
Pallas Brian L
Bought by
Pallas Brian L

Purchase Details

Closed on
Jun 14, 2002
Sold by
Mustin Sandi
Bought by
Pallas Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
5.1%

Purchase Details

Closed on
Dec 21, 2000
Sold by
Rowley Neal P and Rowley Martha
Bought by
Lee Ronald S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.08%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ravencrest Group Llc -- --
Jimenez Fernando $2,680,000 Ticor Title
Pallas Brian L -- None Available
Pallas Brian L $770,000 Chicago Title Co
Lee Ronald S $550,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Fernando $1,855,000
Previous Owner Pallas Brian L $577,500
Previous Owner Lee Ronald S $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2022 10/29/22 Rented $3,500 0.0% --
10/27/2022 10/27/22 Off Market $3,500 -- --
10/16/2022 10/16/22 Price Changed $3,500 -12.5% $7 / Sq Ft
10/04/2022 10/04/22 For Rent $4,000 0.0% --
09/30/2022 09/30/22 Sold $2,680,000 -7.6% $1,855 / Sq Ft
06/06/2022 06/06/22 For Sale $2,899,000 0.0% $2,006 / Sq Ft
06/13/2018 06/13/18 Rented $4,000 0.0% --
04/03/2018 04/03/18 For Rent $4,000 +33.3% --
04/03/2018 04/03/18 Rented $3,000 0.0% --
12/19/2017 12/19/17 For Rent $3,000 0.0% --
12/18/2017 12/18/17 Rented $3,000 0.0% --
07/25/2017 07/25/17 For Rent $3,000 -14.3% --
07/06/2017 07/06/17 Rented $3,500 +16.7% --
06/28/2017 06/28/17 For Rent $3,000 -25.0% --
06/23/2017 06/23/17 Rented $4,000 0.0% --
04/05/2017 04/05/17 For Rent $4,000 +33.3% --
02/28/2017 02/28/17 Rented $3,000 0.0% --
01/25/2017 01/25/17 For Rent $3,000 +5.3% --
08/24/2014 08/24/14 Rented $2,850 0.0% --
08/24/2014 08/24/14 For Rent $2,850 -18.6% --
08/18/2014 08/18/14 Rented $3,500 0.0% --
07/19/2014 07/19/14 Under Contract -- -- --
05/02/2014 05/02/14 For Rent $3,500 -- --
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 $29,494 $2,788,272 $2,700,403 $87,869
2024 $29,494 $2,733,600 $2,647,453 $86,147
2023 $29,272 $2,680,000 $2,595,542 $84,458
2022 $14,533 $1,050,890 $955,944 $94,946
2021 $14,193 $1,030,285 $937,200 $93,085
2020 $13,936 $1,019,721 $927,590 $92,131
2019 $13,686 $999,727 $909,402 $90,325
2018 $11,563 $980,125 $891,571 $88,554
2017 $11,303 $960,907 $874,089 $86,818
2016 $11,057 $942,066 $856,950 $85,116
2015 $10,855 $927,916 $844,078 $83,838
2014 $10,627 $909,740 $827,544 $82,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22213593

California Regional Multiple Listing Service (CRMLS)

APN: 644-062-11