NOT LISTED FOR SALE

Estimated Value: $2,925,000 - $3,370,000

3 Beds
2 Baths
1,200 Sq Ft
$2,562/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $1,637,500 $1,365 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $17,652/month

47 Days on Market

Highlights

  • Peek-A-Boo Views
  • Craftsman Architecture
  • Property is near park
  • El Morro Elementary School Rated A+
  • Maid or Guest Quarters
  • Main Floor Bedroom

About This Home

As of May 2014

REDUCED TO SELL IMMEDIATELY. Quintessential NORTH LAGUNA cottage perfectly located in best section of the coveted TREE STREETS neighborhood. Originally built in 1913, this Comfortable and Nicely maintained home offers 2 bedrooms in main house with a detached guest room/office w/bath. Surrounded by gorgeous, historic homes, the 400 block of Myrtle is one of the absolute best blocks in all of Laguna. This quiet street with a canopy of mature trees is convenient to everything including downtown restaurants & shops, Art "Gallery Row" and the most scenic coves and beaches in Southern California. Like stepping back in time with all the modern conveniences. Original Douglas Fir flooring, fireplace, open ceilings with exposed truss framing, board & batten interior walls, original built-in cabinetry in LR, private gardens and courtyards, street-to-alley lot. If you're looking for a classic North Laguna cottage in a premier location that is move-in ready at a great price, this is it! Rule #1 - LOCATION, LOCATION, LOCATION! It doesn't get better than this. Priced to sell!

Last Agent to Sell the Property

Mark Christy

Berkshire Hathaway HomeServices California Properties License #00776546 Listed on: 02/24/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Inge Goericke-bunn

Compass License #00641176

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Gentle Sloping Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Home Design

  • Craftsman Architecture
  • Cottage
  • Bungalow
  • Asphalt Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room with Fireplace
  • Peek-A-Boo Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters

Location

  • Property is near park
  • Suburban Location

Community Details

  • No Home Owners Association
  • Built by Cottage

Listing and Financial Details

  • Legal Lot and Block 6 / 24
  • Tax Tract Number 413
  • Assessor Parcel Number 49615307

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Bungalow, Cottage, Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49615307
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1364.58
  • Room Type: Guest/Maid's Quarters, Main Floor Bedroom

Exterior Features

  • View: Peek-A-Boo
  • Builder Name: Cottage
  • Pool Private: No
  • Roof: Asphalt

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Lawn, Landscaped, Rectangular Lot, Park Nearby, Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 24
  • Tax Lot: 6
  • Tax Tract Number: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 18, 2014
Sold by
Herdman Michael Scott
Bought by
Speciale Mark and Speciale Blair
Seller's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Inge Goericke-bunn
Compass
List Price
$1,749,000
Sold Price
$1,637,500
Premium/Discount to List
-$111,500
-6.38%
Current Estimated Value
$3,074,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,437,243
Avg. Annual Appreciation
5.50%
Original Mortgage
$614,062
Outstanding Balance
$421,377
Interest Rate
1.87%
Mortgage Type
Stand Alone Second
Estimated Equity
$2,653,366

Purchase Details

Closed on
Jul 7, 2011
Sold by
Herdman Michael Scott
Bought by
Herdman Michael Scott and Michael Scott Herdman Revocable Living T

Purchase Details

Closed on
Jan 6, 2003
Sold by
Tomkinson Linda S
Bought by
Herdman Michael Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.83%

Purchase Details

Closed on
Mar 4, 1994
Sold by
Tomkinson Linda S
Bought by
Tomkinson Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Speciale Mark $1,637,500 Lawyers Title
Herdman Michael Scott -- None Available
Herdman Michael Scott $875,000 Commonwealth Land Title
Tomkinson Linda S -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speciale Mark $614,062
Closed Speciale Mark $614,063
Previous Owner Herdman Michael Scott $322,700
Previous Owner Tomkinson Linda S $134,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2014 05/12/14 Sold $1,637,500 -3.6% $1,365 / Sq Ft
04/07/2014 04/07/14 Price Changed $1,699,000 -2.9% $1,416 / Sq Ft
02/24/2014 02/24/14 For Sale $1,749,000 -- $1,458 / 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 $21,741 $2,084,017 $1,961,821 $122,196
2024 $21,741 $2,043,154 $1,923,354 $119,800
2023 $21,540 $2,003,093 $1,885,642 $117,451
2022 $21,075 $1,963,817 $1,848,668 $115,149
2021 $20,613 $1,925,311 $1,812,419 $112,892
2020 $20,334 $1,905,570 $1,793,835 $111,735
2019 $19,961 $1,868,206 $1,758,661 $109,545
2018 $19,559 $1,831,575 $1,724,177 $107,398
2017 $19,156 $1,795,662 $1,690,369 $105,293
2016 $18,654 $1,748,277 $1,657,225 $91,052
2015 $17,829 $1,670,217 $1,632,332 $37,885
2014 $11,260 $1,033,796 $999,387 $34,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14038098

California Regional Multiple Listing Service (CRMLS)

APN: 496-153-07

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