NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $2,148,000

2 Beds
2 Baths
879 Sq Ft
1973 Built

Last Sold November 17, 2017

Last sale price $1,076,300 $1,224 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,076/month

Highlights

  • Ocean View
  • No Units Above
  • Updated Kitchen
  • El Morro Elementary School Rated A+
  • Gated Community
  • 4-minute walk to Heisler Park

About This Home

As of December 2023

With its high-end finishes, ocean views, and prime location, this 2-bedroom newly remodeled penthouse condo offers a sophisticated and luxurious lifestyle in the heart of Laguna Beach. This high-end property boasts an array of luxurious features and modern upgrades that are sure to captivate your senses. The remodeled kitchen and bathrooms showcase sleek and contemporary designs, with new appliances that effortlessly blend style and functionality. The laminated wood floors create an inviting and warm ambiance and a cozy fireplace serves as a focal point in the living area, providing a perfect spot for relaxation. One of the standout features of this penthouse condo is the breathtaking ocean views, whether you're in the living area, dining room or the spacious balcony, you'll be treated to awe-inspiring views that encapsulate the beauty of Laguna Beach. The master bedroom boasts a generously sized closet that offers ample storage space for your wardrobe. The bathrooms feature elegant countertops and modern fixtures with rain head showers, and skylights. The property is located within walking distance to an array charming boutiques, and delectable dining options, all just steps away from your front door. Additionally, this penthouse condo includes a washer and dryer, ensuring your laundry needs are met with convenience and efficiency. An additional storage closet and 1 assigned parking behind garage is also included.

Last Agent to Rent the Property

Denise De La Torre

eXp Realty of California Inc License #01261842 Listed on: 08/10/2023

eXp Realty of California Inc

Last Renter's Agent

Erik Garcia

Mint Real Estate License #02119192

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,162

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • No Units Above
  • 1 Common Wall

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 879 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Walk-In Pantry
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Security Deposit $7,500
  • Rent includes trash collection
  • 12-Month Minimum Lease Term
  • Available 10/1/23
  • Tax Lot 1
  • Tax Tract Number 8645
  • Assessor Parcel Number 93440006

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Cats Allowed
  • Breed Restrictions

Security

  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,162

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-10-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 7500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Number Limit, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: R2
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93440006
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 879.00 Square Feet
  • Stories: 3
  • Entry Location: 3
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.69
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters, Utility Sink, Walk-In Pantry

Exterior Features

  • View: Catalina, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 7
  • Number Of Units Total: 7
  • Rent Includes: Trash Collection

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 1
  • Tax Tract Number: 8645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2017
Closed on
Nov 6, 2017
Sold by
Mcafoose Ray
Bought by
430 Cypress Llc
Seller's Agent
Ray E. McAfoose
Coldwell Banker Realty
Buyer's Agent
Ray E. McAfoose
Coldwell Banker Realty
List Price
$1,145,000
Sold Price
$1,076,300
Premium/Discount to List
-$68,700
-6%
Current Estimated Value
$1,625,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,542
Avg. Annual Appreciation
5.34%
Original Mortgage
$576,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 18, 1999
Sold by
Slagle Ronald G
Bought by
Mcafoose Ray Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
7.37%

Purchase Details

Closed on
May 1, 1998
Sold by
Slagle Ronald G
Bought by
Slagle Ronald George and Ronald G Slagle Revocable Trust
Source: Public Records

Range of Values:

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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
430 Cypress Llc $1,076,500 Equity Title
Mcafoose Ray Edwin $369,000 Guardian Title Company
Slagle Ronald George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 430 Cypress Llc $514,000
Closed 430 Cypress Llc $576,000
Previous Owner Mcafoose Ray Edwin $250,000
Previous Owner Mcafoose Ray Edwin $288,200
Previous Owner Mcafoose Ray Edwin $100,000
Previous Owner Mcafoose Ray Edwin $156,000
Previous Owner Mcafoose Ray Edwin $293,000
Previous Owner Mcafoose Ray Edwin $50,000
Previous Owner Mcafoose Ray Edwin $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Rented $5,000 0.0% --
12/13/2023 12/13/23 Under Contract -- -- --
12/11/2023 12/11/23 For Rent $5,000 0.0% --
12/11/2023 12/11/23 Under Contract -- -- --
11/01/2023 11/01/23 Price Changed $5,000 -9.1% $6 / Sq Ft
10/27/2023 10/27/23 For Rent $5,500 0.0% --
10/23/2023 10/23/23 Off Market $5,500 -- --
10/13/2023 10/13/23 Price Changed $5,500 -1.8% $6 / Sq Ft
09/23/2023 09/23/23 Price Changed $5,600 0.0% $6 / Sq Ft
09/23/2023 09/23/23 For Rent $5,600 0.0% --
08/18/2023 08/18/23 Off Market $5,600 -- --
08/17/2023 08/17/23 For Rent $5,600 0.0% --
08/16/2023 08/16/23 Off Market $5,600 -- --
08/16/2023 08/16/23 For Rent $5,600 0.0% --
08/15/2023 08/15/23 Off Market $5,600 -- --
08/14/2023 08/14/23 For Rent $5,600 0.0% --
08/13/2023 08/13/23 Off Market $5,600 -- --
08/10/2023 08/10/23 For Rent $5,600 +75.0% --
04/13/2018 04/13/18 Rented $3,200 0.0% --
03/08/2018 03/08/18 Price Changed $3,200 -8.6% $4 / Sq Ft
02/06/2018 02/06/18 Price Changed $3,500 -5.4% $4 / Sq Ft
01/15/2018 01/15/18 For Rent $3,700 0.0% --
11/17/2017 11/17/17 Sold $1,076,300 -6.0% $1,140 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $1,145,000 +6.4% $1,213 / Sq Ft
10/10/2017 10/10/17 Off Market $1,076,300 -- --
05/13/2017 05/13/17 For Sale $1,145,000 0.0% $1,213 / Sq Ft
05/01/2013 05/01/13 Rented $2,900 0.0% --
04/24/2013 04/24/13 Under Contract -- -- --
03/27/2013 03/27/13 For Rent $2,900 -- --
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
2024 $13,162 $1,200,630 $1,107,123 $93,507
2023 $12,829 $1,177,089 $1,085,415 $91,674
2022 $12,555 $1,154,009 $1,064,132 $89,877
2021 $12,282 $1,131,382 $1,043,267 $88,115
2020 $12,119 $1,119,782 $1,032,570 $87,212
2019 $11,889 $1,097,826 $1,012,324 $85,502
2018 $11,644 $1,076,300 $992,474 $83,826
2017 $5,640 $488,666 $391,620 $97,046
2016 $5,517 $479,085 $383,941 $95,144
2015 $5,416 $471,889 $378,174 $93,715
2014 $5,298 $462,646 $370,766 $91,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23131314

California Regional Multiple Listing Service (CRMLS)

APN: 934-400-06