NOT LISTED FOR SALE

Estimated Value: $5,495,000 - $7,440,000

3 Beds
3.5 Baths
2,750 Sq Ft
$2,285/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $4,225,000 $1,536 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $35,811/month

21 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Craftsman Architecture
  • Top Of The World Elementary School Rated A+
  • Filtered Pool
  • Deck

About This Home

As of July 2019

Located in the sought-after neighborhood of Woods Cove, this home has it all. Wrapped in casual yet classic in style, this property exemplifies beach living at its finest. Built in 1939 and situated on an expansive 9000’ lot, the home is celebrated by lush landscaping and the distinctive timeless touch of a wraparound porch. Firsthand, you experience the modernized house, but beyond, additional fabulous features including abundant windows and doors and a newly rebuilt ocean view deck. On the main level, a living room with a fireplace, a separate family room, a bright sun room, and the heart of the home – the updated kitchen with a large butcher block island perfect for gathering, cooking, and eating. Upstairs there are 3 bedrooms with period baths including a large master suite with sitting area and walk in closet. Other features rarely found on one lot is an outdoor kitchen, pool/spa, separate outdoor bathroom, guest studio, separate flex building for office or art studio, and a 2-car garage accessed by a rear alley. Beyond access to exemplary schools, Woods Cove is a short stroll to the HIP District, local and downtown beaches, restaurants, and shops. Please note: sq.ft. and room count listed are for main house only. Property has a total of 4 bedrooms, 5.5 baths. Sq.ft. of lot and structures are from City files.

Last Agent to Sell the Property

Kelly Perkins

Compass License #01932146 Listed on: 05/23/2019

Compass

Last Buyer's Agent

Michael Johnson

Compass License #01429647

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 90 x 100
  • Fenced
  • Fence is in excellent condition
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Garden
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Casement Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry Room
  • Finished Basement

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Upgraded Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Wood Patio
  • Rooftop Access
  • Outbuilding
  • Outdoor Grill

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating System
  • Tankless Water Heater
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Detached Guest House
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 29
  • Tax Tract Number 415
  • Assessor Parcel Number 64426219

Home Details

Home Type

Single Family

Year Built

Built in 1939 | Remodeled

Lot Details

9,000 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Craftsman, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64426219
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2750.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1536.36
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Separate Family Room, Walk-In Closet
  • Spa Features: Private
  • Window Features: Casement Windows, Wood Frames
  • Bathroom Features: Bathtub, Shower, Upgraded
  • Room Kitchen Features: Kitchen Island, Stone Counters
  • Basement: Finished

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Guest House Detached, Outbuilding
  • Exterior Features: Barbecue Private
  • View: Ocean
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Covered, Deck, Porch, Roof Top, Wood, Wrap Around
  • Pool Features: Private, Filtered, Heated, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Cooktop, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, 6-10 Units/Acre, Back Yard, Garden, Landscaped, Lot 6500-9999, Level, Sprinkler System
  • Lot Size: 90 x 100
  • Lot Size Sq Ft: 9000.00
  • Lot Size Acres: 0.2066

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9000.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 29
  • Tax Census Tract: 626.20
  • Tax Lot: 3
  • Tax Tract Number: 415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 18, 2019
Sold by
Leao Richard F and Leao Linda A
Bought by
Sharenow Greg Elliot and Gersten Julie Ilana
Seller's Agent
Kelly Perkins
Compass
Buyer's Agent
Michael Johnson
Compass
List Price
$4,335,000
Sold Price
$4,225,000
Premium/Discount to List
-$110,000
-2.54%
Current Estimated Value
$6,074,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,849,026
Avg. Annual Appreciation
6.16%
Original Mortgage
$3,380,000
Outstanding Balance
$2,858,014
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,426,749

Purchase Details

Closed on
Jun 25, 2010
Sold by
Ames Patrick M and Ames Sylvia A
Bought by
Leao Richard F and Leao Linda A

Purchase Details

Closed on
Jul 8, 2002
Sold by
Verdugo John and Verdugo Noreen A
Bought by
Ames Patrick M and Ames Sylvia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2000
Sold by
Verdugo and Noreen
Bought by
Verdugo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
8.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 3, 1999
Sold by
Verdugo John
Bought by
Verdugo John and Verdugo Noreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 1996
Sold by
Breen Carol A
Bought by
Verdugo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1995
Sold by
Verdugo Noreen
Bought by
Verdugo John
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
Sharenow Greg Elliot $4,225,000 First American Title
Leao Richard F $2,425,000 Equity Title Orange County-I
Ames Patrick M $1,010,000 Chicago Title Co
Verdugo John -- Guardian Title Company
Verdugo John -- --
Verdugo John $530,000 Guardian Title
Verdugo John -- Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharenow Greg Elliot $3,380,000
Previous Owner Ames Patrick M $550,000
Previous Owner Verdugo John $61,000
Previous Owner Verdugo John $620,000
Previous Owner Verdugo John $424,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $4,225,000 -2.5% $1,536 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $4,335,000 -- $1,576 / 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 $54,628 $5,386,480 $4,312,529 $1,073,951
2024 $54,628 $5,280,863 $4,227,969 $1,052,894
2023 $50,680 $4,881,555 $4,145,068 $736,487
2022 $45,708 $4,394,982 $4,063,793 $331,189
2021 $44,368 $4,268,771 $3,984,111 $284,660
2020 $43,845 $4,225,000 $3,943,258 $281,742
2019 $30,308 $2,886,398 $2,621,326 $265,072
2018 $29,704 $2,829,802 $2,569,927 $259,875
2017 $29,102 $2,774,316 $2,519,536 $254,780
2016 $28,537 $2,719,918 $2,470,133 $249,785
2015 $28,093 $2,679,063 $2,433,030 $246,033
2014 $27,360 $2,608,152 $2,385,370 $222,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19120177

California Regional Multiple Listing Service (CRMLS)

APN: 644-262-19

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