NOT LISTED FOR SALE

397 N Coast Hwy Laguna Beach, CA 92651

North Laguna Neighborhood

Estimated Value: $5,127,150

-- Bed
3 Baths
1,121 Sq Ft
$4,574/Sq Ft Est. Value

About This Home

This home is located at 397 N Coast Hwy, Laguna Beach, CA 92651 and is currently estimated at $5,127,150, approximately $4,573 per square foot. 397 N Coast Hwy is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2017
Sold by
353 369 North Coast Hwy Llc
Bought by
Heisler Laguna Llc
Current Estimated Value
$5,127,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000,000
Outstanding Balance
$49,863,548
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
-$44,736,398

Purchase Details

Closed on
Oct 5, 2016
Sold by
353 & 369 North Coast Hwy Llc
Bought by
353 & 369 North Coast Hwy Llc

Purchase Details

Closed on
Nov 18, 2015
Sold by
Arch Partners Llc
Bought by
353 & 369 N Coast Llc

Purchase Details

Closed on
Mar 17, 2011
Sold by
Mortazani Moses
Bought by
Argh Partners Llc

Purchase Details

Closed on
Apr 23, 2003
Sold by
Thompson Ted Nolan and Thompson Loretta L
Bought by
Mortazavi Moses

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$737,400
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 1993
Sold by
Thompson Ted Nolan and Thompson Loretta L
Bought by
Thompson Ted Nolan and Thompson Loretta L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Heisler Laguna Llc -- Chicago Title Company
353 & 369 North Coast Hwy Llc -- Chicago Title Company
353 & 369 N Coast Llc $3,000,000 California Title Company
Argh Partners Llc -- None Available
Mortazavi Moses $1,229,000 First American Title Ins Co
Thompson Ted Nolan -- First American Title Ins Co
Thompson Ted Nolan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heisler Laguna Llc $60,000,000
Previous Owner Mortazavi Moses $737,400
Closed Mortazavi Moses $200,000
Source: Public Records

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 $36,335 $3,551,390 $3,018,685 $532,705
2024 $36,335 $3,481,755 $2,959,495 $522,260
2023 $36,057 $3,413,486 $2,901,466 $512,020
2022 $34,772 $3,346,555 $2,844,574 $501,981
2021 $35,349 $3,280,937 $2,788,798 $492,139
2020 $35,854 $3,247,296 $2,760,203 $487,093
2019 $34,117 $3,183,624 $2,706,081 $477,543
2018 $33,146 $3,121,200 $2,653,020 $468,180
2017 $31,868 $3,060,000 $2,601,000 $459,000
2016 $16,212 $1,503,639 $1,052,185 $451,454
2015 $16,245 $1,481,053 $1,036,380 $444,673
2014 $15,522 $1,452,042 $1,016,079 $435,963
Source: Public Records

Map

California Orange County Laguna Beach 92651 North Laguna

397 N Coast Hwy, Laguna Beach, CA

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