NOT LISTED FOR SALE

Estimated Value: $2,979,000 - $4,328,000

2 Beds
2 Baths
1,951 Sq Ft
$1,847/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $2,300,000 $1,179 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $21,288/month

88 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wooded Lot
  • Top Of The World Elementary School Rated A
  • Deck
  • Cathedral Ceiling

About This Home

As of December 2016

Located in Woods Cove of the Laguna Village, this meticulously maintained and upgraded home is the perfect blend of Old World charm and coastal elegance. Beautifully appointed with rich custom wood floors, a neutral color palette, and designer lighting, this home exudes an unforgettable ambiance from the moment you enter. Rustic beamed ceilings, arched doorways and brick accents provide alluring character as you traverse through the family room to the private patio with built-in BBQ. Recently renovated, the fully expanded kitchen with Carrera marble countertops, wood block island, top-of-the-line appliances, and full wine refrigerator is sure to impress the most discerning chef. French doors marry the kitchen with a picturesque wood deck creating the perfect indoor-outdoor space for entertaining. Two bedrooms and two bathrooms including the updated master bath with Carrera marble countertops, custom cabinetry, and claw foot tub complete this stunning coastal home. A bonus room can also be converted into a 3rd bedroom. Additional highlights include air conditioning, a Sonos system, custom courtyard gate, leaded glass windows, an outdoor shower, and a 2-car garage with epoxy flooring and custom cabinetry. Situated just moments from the beach, dining, galleries, and entertainment, this premier residence is the perfect place to call home.

Last Agent to Sell the Property

Tim Smith

Coldwell Banker Realty License #01346878 Listed on: 09/09/2016

Coldwell Banker Realty

Last Buyer's Agent

Piper Rissmiller

Re/Max First Class License #01951596

Re/Max First Class

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,682

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 2,750 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Wooded Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Ocean
  • Neighborhood

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,951 Sq Ft Home
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Great Room with Fireplace
  • Living Room
  • Family or Dining Combination
  • Bonus Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Gas Oven
  • Indoor Grill
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Deck
  • Slab Porch or Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L
  • Tax Tract Number 82
  • Assessor Parcel Number 64426614

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,682

Year Built

Built in 1953 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64426614
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1951.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Crown Molding, Copper Plumbing Full, Recessed Lighting, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Brick, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Eating Area: Area, In Family Room
  • Fireplace Features: Gas, Great Room, Masonry, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 1178.88
  • Room Type: Basement, Bonus Room, Family Room, Great Room, Living Room, Main Floor Master Bedroom, Master Suite
  • Window Features: Custom Covering, Skylight(s)

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Ocean, Water
  • Patio And Porch Features: Concrete, Deck, Patio Open, Patio, Slab, Wood
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Disposal, Gas Oven, Gas Range, Indoor Grill, Gas Cooktop, Range Hood, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Corner Lot, Sprinkler System, Treed Lot, Yard
  • Lot Size Sq Ft: 2750.00
  • Price Per Lot Square Foot: 872.36

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: L
  • Tax Tract Number: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 8, 2016
Sold by
Palermo Jennifer
Bought by
Garbutt Richard C and Garbutt Susan D
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Piper Rissmiller
Re/Max First Class
List Price
$2,399,000
Sold Price
$2,300,000
Premium/Discount to List
-$99,000
-4.13%
Current Estimated Value
$3,603,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,303,234
Avg. Annual Appreciation
5.31%
Original Mortgage
$999,999
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2014
Sold by
Ferrari Michael B
Bought by
Palermo Jennifer and Jennifer S Palermo Trust

Purchase Details

Closed on
Aug 11, 2003
Sold by
Demilly Pascal and Otteson Ingrid Anne
Bought by
Demilly Pascal and Otteson Ingrid Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 1998
Sold by
Pascal Demilly and Pascal Anne Ingrid
Bought by
Demilly Pascal and Otteson Ingrid Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

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Average Value
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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
Garbutt Richard C $2,300,000 Ticor Title
Palermo Jennifer $2,050,000 Chicago Title Company
Demilly Pascal -- Equity Title Company
Demilly Pascal -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garbutt Richard C $765,000
Previous Owner Garbutt Family Trust $765,000
Previous Owner Garbutt Richard C $765,000
Previous Owner Garbutt Richard C $999,999
Previous Owner Demilly Pascual $800,000
Previous Owner Otteson Ingrid $233,000
Previous Owner Demilly Pascal $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $2,300,000 -4.1% $1,179 / Sq Ft
09/09/2016 09/09/16 For Sale $2,399,000 +17.0% $1,230 / Sq Ft
03/20/2014 03/20/14 Sold $2,050,000 -2.1% $1,041 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $2,095,000 +49.6% $1,063 / Sq Ft
03/19/2012 03/19/12 Sold $1,400,000 -12.4% $1,522 / Sq Ft
03/07/2012 03/07/12 For Sale $1,599,000 -- $1,738 / 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 $21,682 $1,877,924 $1,680,674 $197,250
2024 $21,682 $1,841,102 $1,647,719 $193,383
2023 $19,478 $1,805,002 $1,615,410 $189,592
2022 $19,107 $1,769,610 $1,583,735 $185,875
2021 $18,682 $1,734,912 $1,552,681 $182,231
2020 $18,424 $1,717,123 $1,536,760 $180,363
2019 $18,084 $1,683,454 $1,506,627 $176,827
2018 $17,718 $1,650,446 $1,477,086 $173,360
2017 $17,351 $1,618,085 $1,448,124 $169,961
2016 $22,464 $2,122,846 $1,815,785 $307,061
2015 $22,110 $2,090,959 $1,788,510 $302,449
2014 $15,411 $1,434,483 $1,154,050 $280,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP16199315

California Regional Multiple Listing Service (CRMLS)

APN: 644-266-14