NOT LISTED FOR SALE

Estimated Value: $3,372,000 - $3,676,000

5 Beds
4 Baths
2,656 Sq Ft
$1,328/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $2,525,000 $951 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $22,252/month

37 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Near a National Forest
  • El Morro Elementary School Rated A+
  • Fishing
  • Fireplace in Guest House

About This Home

As of August 2020

OCEAN VIEWS – TRIPLEX in northern Laguna Beach in highly sought after beautiful neighborhood in historic Laguna Beach with AMAZING POTENTIAL. This unique sprawling property in north Laguna was built in 1935, featuring three single-family dwellings separated by lovely meandering paths and tropical gardens. The driveway is gated. The stunning rooftop deck has sweeping ocean views and is accessible from all three units tucked away in mature landscape. Main House – “Casa de Las Fuentes” coined the “Strong House” A beautiful home featuring a fabulous courtyard to welcome guests. The home features 2-bedrooms, 2-baths with living room, dining room and kitchen. Enjoy ocean views from both bedrooms. This home boasts hardwood floors throughout and 2 fireplaces. There is also a basement with laundry room. Patio Apartment - “Casa del Jardin” or “Glass House” A quaint 1-bedroom, 1-bath patio apartment tucked amidst the gardens with French windows galore throughout the living room, dining room and kitchen with concrete floors. The lovely apartment has 2 fireplaces to enjoy on chilly Laguna nights. Studio/Guest House – “Casa del Puente” which means, “the Bridge House”, is located above an existing 1 car garage with 1-bath and kitchen boasting hardwood floors, a fireplace and spectacular ocean views. The studio features custom wood paneling and crown molding, and an additional 1-bedroom guest house.

Last Listed By

Jamie Andrews

Mogul Real Estate License #02092779 Listed on: 05/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,044

Year Built

  • Built in 1935

Lot Details

  • 6,385 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Spanish Tile Roof

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Workshop
  • Storage
  • Laundry Room
  • Ocean Views
  • Basement

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Fireplace in Guest House

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 23
  • Tax Tract Number 413
  • Assessor Parcel Number 49615411

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • North Laguna Subdivision
  • Near a National Forest
  • Mountainous Community

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,044

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: Jamie Andrews
  • Other Phone Number: (949)6320154
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Laguna Cliffs
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 49615411
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Crown Molding, Storage, Wainscoting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Concrete, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Dining Room, Family Room, Guest House, Living Room, Wood Burning
  • Levels: One, Two
  • Price Per Square Foot: 950.68
  • Room Type: Basement, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Workshop

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Curbs, Fishing, Golf, Hiking, Gutters, Park, Watersports, Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6385.00
  • Lot Size Acres: 0.1466

Multi Family

  • Lot Size Area: 6385.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 1
  • Number With Drapes: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No

Tax Info

  • Tax Area: 05003
  • Tax Block: 23
  • Tax Census Tract: 626.05
  • Tax Lot: 5
  • Tax Rate: 1.28
  • Tax Tract Number: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Milner Stephen P and Milner Ellen S
Bought by
Milner Stephen P and Milner Ellen S
Total Days on Market
37
Current Estimated Value
$3,528,100

Purchase Details

Closed on
May 26, 2020
Sold by
Maloney Ryan M
Bought by
Milner Stephen P and Milner Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,893,750
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2020
Sold by
Maloney
Bought by
Long Maloney Kenneth

Purchase Details

Closed on
Sep 3, 2015
Sold by
Maloney Susan Kathy
Bought by
Maloney Kenneth Long

Purchase Details

Closed on
Apr 17, 2007
Sold by
Maloney Sharon S
Bought by
Maloney Susan K

Range of Values:

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Average Value
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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
Milner Stephen P -- Western Resources Title Co
Milner Stephen P $2,525,000 Western Resources Title Co
Long Maloney Kenneth -- None Available
Maloney Kenneth Long -- None Available
Maloney Susan K -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Milner Stephen P $1,893,750
Previous Owner Maloney Susan Kathy $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $2,525,000 +1.0% $951 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $2,500,000 -- $941 / 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
2024 $30,044 $2,724,644 $2,546,899 $177,745
2023 $29,509 $2,627,010 $2,496,960 $130,050
2022 $28,817 $2,575,500 $2,448,000 $127,500
2021 $28,132 $2,525,000 $2,400,000 $125,000
2020 $10,962 $855,481 $763,047 $92,434
2019 $10,712 $838,707 $748,085 $90,622
2018 $10,466 $822,262 $733,416 $88,846
2017 $10,213 $806,140 $719,036 $87,104
2016 $9,973 $790,334 $704,937 $85,397
2015 $9,773 $778,463 $694,348 $84,115
2014 $9,556 $763,214 $680,746 $82,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20090025

California Regional Multiple Listing Service (CRMLS)

APN: 496-154-11