NOT LISTED FOR SALE

Estimated Value: $5,601,000 - $9,421,000

4 Beds
6 Baths
5,000 Sq Ft
$1,600/Sq Ft Est. Value

Sale Details

Date Sold: February 26, 2019

Last sale price $8,298,625 $1,660 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $50,193 / mo

25 Days on Market

Highlights

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

About This Home

As of February 2019

Enjoy breathtaking white water, ocean and island views from this most impressive North Laguna Beach soft contemporary. - Rarely does a newer construction home (built 2017) come available in N. Laguna Beach. - Before entering, you are welcomed by a vast pivoting glass door that offers an unbending view of the Pacific Ocean. Once inside this entertainers dream, you will find the main level with walls of glass and an open concept floor plan replete with panoramic water views from every room. The chef’s kitchen is a sight to behold with Wolf stainless steel appliances, coffee maker, two dishwashers, and a Sub Zero refrigerator conveniently disguised in the design. The ocean is your backdrop as you venture down to level two and three of this stunning en suite 4 bedroom, 6 bath, approximate 5000 square foot home. - Level two boasts ocean views from bedroom two and the expansive master suite with a fireplace, luxury en suite bath and an oversized walk-in closet with second private laundry room. Level three houses two en suite bedrooms, a gym room or wine cellar, and a large family room with a terrace expanding the width of the home. Also included are three fireplaces, an elevator accessible on all three floors, two laundry rooms, a three car garage and approved plans for a future cantilevered jacuzzi spilling into a planned 66’ lap pool with glass bottom deck.

Last Agent to Sell the Property

Michael Shank

Compass License #01876840 Listed on: 01/11/2019

Compass

Last Buyer's Agent

Sherrie Larsen

Compass License #01897939

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 7,200 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Three Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Living Room Balcony
  • Patio
  • Terrace

Schools

  • Laguna Beach High School

Utilities

  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 29,9
  • Tax Tract Number 3620
  • Assessor Parcel Number 05311263

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

7,200 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Fire and Smoke Detection System
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05311263
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5000.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Elevator, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1659.72
  • Room Type: Bonus Room, Dressing Area, Kitchen, Laundry, Living Room, Master Suite, Office, Separate Family Room, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck, Patio, Terrace
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage - Three Door
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • High School: Laguna Beach
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1653

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7200.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.04
  • Tax Lot: 29,9
  • Tax Tract Number: 3620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2022
Sold by
Catherine M Frandsen Home Trust
Bought by
Catherine M Frandsen Living Trust
Current Estimated Value
$8,002,097

Purchase Details

Listed on
Jan 11, 2019
Closed on
Apr 4, 2019
Sold by
Frandsen Catherine M
Bought by
Catherine M Frandsen Home Trust
Seller's Agent
Michael Shank
Compass
Buyer's Agent
Sherrie Larsen
Compass
List Price
$8,900,000
Sold Price
$8,298,625
Premium/Discount to List
-$601,375
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.51%

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 15, 2019
Sold by
Nelson Steven H and Nelson Keri A
Bought by
Frandsen Catherine M
Seller's Agent
Michael Shank
Compass
Buyer's Agent
Sherrie Larsen
Compass
List Price
$8,900,000
Sold Price
$8,298,625
Premium/Discount to List
-$601,375
-6.76%

Purchase Details

Listed on
Jun 19, 2017
Closed on
Aug 16, 2017
Sold by
Buccola Dennis
Bought by
Nelson Steven H and Nelson Keri A
Seller's Agent
Kelly Gwin
Realty One Group West
Buyer's Agent
Michael Shank
Compass
List Price
$7,950,000
Sold Price
$7,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.84%
Original Mortgage
$7,150,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2014
Sold by
R & B Capital Llc
Bought by
Buccola Dennis and The Dennis Buccola Living Trust

Purchase Details

Closed on
Feb 14, 2014
Sold by
Revocable Trust Of Maria J Chetty and Chetty Maria J
Bought by
R & B Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Catherine M Frandsen Living Trust -- Geiger Law Office Pc
Catherine M Frandsen Home Trust -- California Title Company
Frandsen Catherine M $8,299,000 California Title Company
Frandsen Catherine M -- California Title Company
Nelson Steven H $7,950,000 First American Title Co
Buccola Dennis -- None Available
R & B Capital Llc $1,474,545 First American Title Company
Chetty Maria J -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Steven H $7,150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2019 02/26/19 Sold $8,298,625 -6.8% $1,660 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $8,900,000 +11.9% $1,780 / Sq Ft
08/17/2017 08/17/17 Sold $7,950,000 0.0% $1,590 / Sq Ft View Prior Sale
07/18/2017 07/18/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $7,950,000 -- $1,590 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $93,207 $9,260,476 $6,874,444 $2,386,032
2024 $93,207 $9,078,899 $6,739,651 $2,339,248
2023 $91,368 $8,900,882 $6,607,501 $2,293,381
2022 $89,594 $8,726,355 $6,477,942 $2,248,413
2021 $87,789 $8,552,290 $6,350,923 $2,201,367
2020 $86,818 $8,464,597 $6,285,802 $2,178,795
2019 $83,378 $8,109,000 $6,315,083 $1,793,917
2018 $81,743 $7,950,000 $6,191,257 $1,758,743
2017 $29,935 $2,856,265 $1,812,961 $1,043,304
2016 $18,556 $1,777,413 $1,777,413 $0
2015 $15,762 $1,504,470 $1,504,470 $0
2014 $12,855 $1,220,000 $1,220,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19007611

California Regional Multiple Listing Service (CRMLS)

APN: 053-112-63

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