$2,800,000
SOLD APR 15, 2015
3 Beds
2.5 Baths
3,500 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$800 Per Sq Ft

16% Below List Price

319 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Contemporary Architecture
  • El Morro Elementary School Rated A+
  • Open Floorplan
  • Wood Flooring

About This Home

As of May 2016

Enjoy unbelievably spectacular panoramic ocean, catalina and night light views from this wonderful North Laguna home. literally every room in the house has an incredible view. Set in an unparalleled location near the end of a cul-de-sac, this property has an open floor plan and boasts three bedrooms, two and one-half baths. In addition, there is a large family room that could easily be converted to a fourth bedroom.

This home is located just a short distance from town and is close to the beach, restaurants and shopping. It is also well located for easy access to John Wayne Airport, Fashion Island and South Coast Plaza.

Last Agent to Sell the Property

Carolyn Menconi

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #00855141 Listed on: 05/16/2014

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Co-Listed By

Brian Johnson

Coldwell Banker Realty License #00787688

Last Buyer's Agent

Mark Christy

Berkshire Hathaway HomeServices California Properties License #00776546

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,642

Year Built

  • Built in 1971

Lot Details

  • 5,663 Sq Ft Lot
  • Property fronts a highway
  • Cul-De-Sac
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Lot Sloped Down
  • Sprinkler System
  • Private Yard
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway

Property Views

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

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • High Ceiling
  • Recessed Lighting
  • Garden Windows
  • Casement Windows
  • Double Door Entry
  • Sliding Doors
  • Separate Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Dining Room
  • Utility Room
  • Laundry Room
  • Intercom

Kitchen

  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Accessible Home Design

  • Grab Bar In Bathroom
  • Low Pile Carpeting

Outdoor Features

  • Wood Patio

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Central Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 516
  • Assessor Parcel Number 49607102

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,642

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street, Highway
  • Subdivision Name Other: Emerald Terrace (ET)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49607102
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3500.00
  • Interior Amenities: High Ceilings, Intercom, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Sunken Living Room, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: Grab Bars In Bathroom(s), Low Pile Carpeting
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 800.00
  • Room Type: Entry, Family Room, Formal Entry, Living Room, Master Bedroom, Master Suite, Separate Family Room, Utility Room
  • Window Features: Casement Windows, Garden Window(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio Open, Wood
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Slump Block, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater Central
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Cul-De-Sac, Sloped Down, Front Yard, Irregular Lot, Paved, Sprinkler System, Yard
  • Lot Size Sq Ft: 5663.00
  • Lot Size Acres: 0.1300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5663.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Tract Number: 516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2017
Sold by
Parisi Robert T
Bought by
Coast View Properties Llc
Current Estimated Value
$7,592,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,690,000
Outstanding Balance
$3,187,856
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,146,113

Purchase Details

Closed on
Mar 22, 2017
Sold by
Coast View Properties Llc
Bought by
Parisi Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,690,000
Outstanding Balance
$3,187,856
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,146,113

Purchase Details

Listed on
Feb 21, 2016
Closed on
Apr 18, 2016
Sold by
Eaw Llc
Bought by
Coast View Properties Llc
Seller's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Thomas Parisi
Thomas Parisi, Broker
List Price
$4,295,000
Sold Price
$4,150,000
Premium/Discount to List
-$145,000
-3.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$3,735,000
Interest Rate
6.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 16, 2014
Closed on
Apr 2, 2015
Sold by
Sternfels Robert W and Sternfels Robert B
Bought by
Eaw Llc
Seller's Agent
Carolyn Menconi
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
List Price
$3,320,000
Sold Price
$2,800,000
Premium/Discount to List
-$520,000
-15.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.01%

Purchase Details

Closed on
Dec 17, 2003
Sold by
Sternfels Robert W and Sternfels Margaret B
Bought by
Sternfels Robert W and Sternfels Margaret B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Lawyers Title
Grant Deed -- Lawyers Title Co
Grant Deed $4,150,000 Lawyers Title
Grant Deed $2,800,000 Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,690,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,735,000 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $4,150,000 -1.1% $1,186 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/06/2016 04/06/16 Price Changed $4,195,000 -2.3% $1,199 / Sq Ft
02/21/2016 02/21/16 For Sale $4,295,000 +53.4% $1,227 / Sq Ft
04/15/2015 04/15/15 Sold $2,800,000 -15.7% $800 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $3,320,000 0.0% $949 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/28/2015 01/28/15 Price Changed $3,320,000 -12.4% $949 / Sq Ft
07/26/2014 07/26/14 Price Changed $3,790,000 -9.8% $1,083 / Sq Ft
05/16/2014 05/16/14 For Sale $4,200,000 -- $1,200 / 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 $50,642 $4,986,158 $3,813,814 $1,172,344
2024 $50,642 $4,888,391 $3,739,034 $1,149,357
2023 $49,778 $4,792,541 $3,665,720 $1,126,821
2022 $48,784 $4,698,570 $3,593,843 $1,104,727
2021 $47,791 $4,606,442 $3,523,376 $1,083,066
2020 $47,232 $4,559,209 $3,487,248 $1,071,961
2019 $46,345 $4,464,653 $3,418,870 $1,045,783
2018 $44,826 $4,317,660 $3,351,833 $965,827
2017 $43,928 $4,233,000 $3,286,110 $946,890
2016 $29,670 $2,842,700 $2,635,620 $207,080
2015 $2,283 $149,306 $61,209 $88,097
2014 $2,225 $146,382 $60,010 $86,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14138591

California Regional Multiple Listing Service (CRMLS)

APN: 496-071-02