$7,950,000
SOLD AUG 17, 2017
4 Beds
6 Baths
5,000 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$1,590 Per Sq Ft

29 Days on Market

Highlights

  • White Water Ocean Views
  • Newly Remodeled
  • Bonus Room
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • Great Room

About This Home

As of February 2019

This is the one you have all been waiting for, Brand New Home with approximately 5000 square feet located in prestigious North Laguna with panoramic ocean and white water views from every room…. Don’t miss out on the only New Home to hit the market in North Laguna for years.... The high quality of construction is unlike anything you have seen, worthy of Architectural Digest while sitting on one of the most desired streets in all of Laguna Beach…. The interior design was done by nationally known designer, Errol Dejager and to date some of his best work we have experienced…. What a wonderful opportunity to live in such a property in sought after North Laguna, brand-new, with approximately 5000 square feet, 3 car garage and huge spectacular ocean views…. We look forward to showing both you and your clients, you will look like a hero bringing them to this property, it won't last long.....

Last Agent to Sell the Property

Kelly Gwin

Realty One Group West License #01184176 Listed on: 06/19/2017

Realty One Group West

Last Buyer's Agent

Michael Shank

Compass License #01876840

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,207

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped
  • Private Yard
  • Back Yard

Parking

  • 3 Car Garage

Property Views

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

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Game Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Laguna Beach High School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Built by Corbin Reves

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 05311263

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,207

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949-290-7000
  • Other Phone Number: 949-290-7000
  • Property Attached: No
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • New Construction: Yes
  • 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
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1590.00
  • Room Type: Bonus Room, Entry, Family Room, Formal Entry, Game Room, Great Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Office

Exterior Features

  • View: Catalina, City Lights, Coastline, Hills, Mountain(s), Ocean, Panoramic, Water, White Water
  • Builder Name: Corbin Reves
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified
  • High School: Laguna Beach
  • High School: Laguna Beach
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Landscaped, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

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
$8,808,422

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
0.77%

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

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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
Deed -- Geiger Law Office Pc
Interfamily Deed Transfer -- California Title Company
Grant Deed $8,299,000 California Title Company
Interfamily Deed Transfer -- California Title Company
Grant Deed $7,950,000 First American Title Co
Grant Deed -- None Available
Grant Deed $1,474,545 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 New Conventional
Previous Owner $3,500,000 New Conventional
Previous Owner $5,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $7,150,000 Purchase Money Mortgage
Previous Owner $1,000,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $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: PW17138982

California Regional Multiple Listing Service (CRMLS)

APN: 053-112-63