NOT LISTED FOR SALE

Estimated Value: $5,782,000 - $6,576,000

4 Beds
4 Baths
3,232 Sq Ft
$1,918/Sq Ft Est. Value

Last Sold April 07, 2015

Last sale price $3,470,000 $1,074 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $38,233/month

133 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Gated Parking
  • El Morro Elementary School Rated A+
  • In Ground Spa
  • 0.28 Acre Lot

About This Home

As of April 2015

This extraordinary, single-story, traditional style, white clapboard-sided, vintage home is located in North Laguna Beach on two legal lots in the coveted “Tree Streets” neighborhood. Sitting behind a tall privacy hedge, this rare gem home is completely remodeled and was expertly expanded by the designer owner; the home bristles with the charm and character of yesteryear, yet is completely updated for modern living. A 2010 remodel added a family room and large kitchen with top of the line appliances, new cabinetry, Subzero refrigerator drawers, a La Cornue range, and rare granite countertops. In addition, the home features gleaming hardwood floors, shiny white paneled walls, a wet bar, a spacious living room with fireplace, a formal dining room, a luxurious master suite, three additional bedrooms and an abundance of French doors and windows, which look out to the manicured and private gardens. The property is finished with a 60’ lap pool, spa, a wine cellar, detached garage and ocean views.

Last Listed By

Steve High

Pacific Sotheby’s International Realty License #00936421 Listed on: 10/13/2014

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,337

Year Built

  • Built in 1926

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Garden
  • Front Yard

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Gated Parking

Property Views

  • Ocean
  • City Lights

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • English Architecture
  • Traditional Architecture
  • Cottage
  • Bungalow
  • Turnkey

Interior Spaces

  • 3,232 Sq Ft Home
  • 1-Story Property
  • French Mullion Window
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Sun or Florida Room

Kitchen

  • Walk-In Pantry
  • Six Burner Stove
  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Spa
  • Private Pool

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 413
  • Assessor Parcel Number 49615318

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,337

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Bungalow, Cottage, Cape Cod, Craftsman, English, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49615318
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3232.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 1073.64
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Pantry, Walk-In Closet, Sun, Wine Cellar
  • Spa Features: In Ground, Private
  • Window Features: French/Mullioned

Exterior Features

  • Patio: Yes
  • View: City Lights, Ocean
  • Patio And Porch Features: Brick
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Gated
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas & Electric Range, Refrigerator, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard, Garden, Level, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 12323.00
  • Lot Size Acres: 0.2830

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12323.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2017
Sold by
Mclain Carrie S
Bought by
Mclain Carrie S and High Mark Trust
Total Days on Market
133
Current Estimated Value
$6,200,190

Purchase Details

Listed on
Oct 13, 2014
Closed on
Feb 24, 2015
Sold by
Shannon Dennis A and Shannon Janet C
Bought by
Mclain Carrie S
Seller's Agent
Steve High
Pacific Sotheby’s International Realty
Buyer's Agent
Jeanne Carni
Pacific Sotheby's Int'l Realty
List Price
$3,695,000
Sold Price
$3,470,000
Premium/Discount to List
-$225,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$1,800,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2001
Sold by
Silver Richard W
Bought by
Shannon Dennis A and Shannon Janet C

Purchase Details

Closed on
Mar 5, 1999
Sold by
Toohey James A and Toohey Janet L
Bought by
Silver Richard W and Richard W Silver 1988 Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.99%

Range of Values:

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Average Value
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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
Mclain Carrie S -- None Available
Mclain Carrie S $3,470,000 Ticor Title
Shannon Dennis A $2,200,000 Equity Title
Silver Richard W $1,250,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclain Carrie S $1,250,000
Closed Mclain Carrie S $1,800,000
Previous Owner Silver Richard W $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2015 04/07/15 Sold $3,470,000 -6.1% $1,074 / Sq Ft
02/23/2015 02/23/15 Pending -- -- --
10/13/2014 10/13/14 For Sale $3,695,000 -- $1,143 / 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 $42,337 $4,077,835 $3,641,768 $436,067
2023 $41,663 $3,997,878 $3,570,361 $427,517
2022 $40,819 $3,919,489 $3,500,354 $419,135
2021 $39,977 $3,842,637 $3,431,720 $410,917
2020 $39,499 $3,803,236 $3,396,532 $406,704
2019 $38,795 $3,728,663 $3,329,933 $398,730
2018 $38,025 $3,655,552 $3,264,640 $390,912
2017 $37,259 $3,583,875 $3,200,627 $383,248
2016 $36,539 $3,513,603 $3,137,869 $375,734
2015 $28,960 $2,771,247 $2,595,309 $175,938
2014 $28,396 $2,716,963 $2,544,471 $172,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14219392

California Regional Multiple Listing Service (CRMLS)

APN: 496-153-18