NOT LISTED FOR SALE

Estimated Value: $3,524,303 - $5,743,000

3 Beds
2.5 Baths
1,884 Sq Ft
$2,228/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $3,800,000 $2,017 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $22,180/month

125 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • 12,250 Sq Ft lot
  • Wooded Lot

About This Home

As of December 2017

MILLS ACT APPROVED - 50% PROPERTY TAX REDUCTION!! PERFECTION. SITUATED ON A DOUBLE LOT AND QUITE POSSIBLY THE MOST BEAUTIFUL VINTAGE HOME IN LAGUNA. 461 LOCUST IS THE CROWN JEWEL OF THE COVETED TREE STREETS NEIGHBORHOOD. The original 1920 estate structure was taken down to the studs by renowned contractor Keith Gallo in 2015 and offers State of the Art modern functionality while enhancing the original character. All new electrical, roof, plumbing, HVAC, in-home audio/video/security systems and a gourmet chef's dream kitchen with oversized island/bar, professional-grade appliances. All original doors/windows were rebuilt, copper gutters, heavy shake roof, oak-plank DuChateau flooring, vintage tile, romantic master bath. Professionally landscaped by Ruben Flores, the over 12,000' grounds are parklike serenity with custom irrigation/lighting, Bocce court, secret dining areas, vintage brick shaded deck, mature fruit trees, Heaven! This property sits on a quiet street in Laguna's best neighborhood, convenient to everything, but quiet and secluded on an aesthetically incomparable street. TURN-KEY PERFECTION, quality, location, charm. None finer, this restored vintage estate is breathtaking on every level. Don't forget, this is a DOUBLE LOT, one of only a handful in this area. Rare opportunity to own the best!

Last Agent to Sell the Property

Mark Christy

Berkshire Hathaway HomeServices California Properties License #00776546 Listed on: 06/19/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Robert Buck

The Cayman Group License #00704617

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Garage

Property Views

  • Water
  • Woods

Home Design

  • Turnkey
  • Shake Roof
  • Copper Plumbing

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Entryway
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Bathtub
  • Separate Shower

Home Security

  • Smart Home
  • Alarm System
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 413
  • Assessor Parcel Number 49615408

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0.28 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Wired for Alarm System
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 49615408
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1884.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Full, Home Automation System, Living Room Deck Attached, Open Floorplan, Stone Counters, Storage, Wired for Data, Wired for Sound
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2016.99
  • Room Type: All Bedrooms Down, Basement, Entry, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Remodeled, Separate Tub And Shower, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting, Rain Gutters
  • View: Trees/Woods, Water
  • Patio And Porch Features: Brick, Deck, Patio
  • Pool Private: No
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 12250.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 8
  • Tax Tract Number: 413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2017
Closed on
Nov 9, 2017
Sold by
Yelich Christopher and Yelich Angela
Bought by
Norton Michael R and Michael R Nortn Living Trust
Seller's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Robert Buck
The Cayman Group
List Price
$4,250,000
Sold Price
$3,800,000
Premium/Discount to List
-$450,000
-10.59%
Current Estimated Value
$4,196,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,826
Avg. Annual Appreciation
1.22%
Original Mortgage
$3,000,000
Outstanding Balance
$2,519,811
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,677,015

Purchase Details

Listed on
Jan 17, 2015
Closed on
Jan 28, 2015
Sold by
Eaw Llc
Bought by
Yelich Christopher and Yelich Angela
Seller's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
William Dolby
Pacific Sotheby’s International Realty
List Price
$3,195,000
Sold Price
$3,100,000
Premium/Discount to List
-$95,000
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$2,170,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 2, 2014
Closed on
Jun 26, 2014
Sold by
Woodbury University
Bought by
Eaw Llc
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
List Price
$2,625,000
Sold Price
$2,000,000
Premium/Discount to List
-$625,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.50%

Purchase Details

Closed on
Feb 14, 2014
Sold by
Kirkendall Charlotte A and Kirkendall Everett L
Bought by
Woodbury University

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
4.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 25, 2000
Sold by
Kirkendall Everett L
Bought by
Woodbury University
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
Norton Michael R $3,800,000 Lawyers Title
Yelich Christopher $3,100,000 Lawyers Title
Eaw Llc $1,800,000 Lawyers Title
Woodbury University $194,000 Fidelity National Title
Woodbury University -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Michael R $3,000,000
Previous Owner Yelich Christopher $2,170,000
Previous Owner Woodbury University $169,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2017 12/15/17 Sold $3,800,000 -4.9% $2,017 / Sq Ft
08/03/2017 08/03/17 Price Changed $3,995,000 -6.0% $2,120 / Sq Ft
06/19/2017 06/19/17 For Sale $4,250,000 +37.1% $2,256 / Sq Ft
03/16/2015 03/16/15 Sold $3,100,000 -3.0% $1,645 / Sq Ft View Prior Sale
01/25/2015 01/25/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $3,195,000 +59.8% $1,696 / Sq Ft
07/10/2014 07/10/14 Sold $2,000,000 -12.9% $1,062 / Sq Ft View Prior Sale
06/25/2014 06/25/14 Pending -- -- --
06/19/2014 06/19/14 Price Changed $2,295,000 -12.6% $1,218 / Sq Ft
05/02/2014 05/02/14 For Sale $2,625,000 -- $1,393 / 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 $6,716 $611,365 $458,524 $152,841
2024 $6,716 $563,926 $422,944 $140,982
2023 $7,722 $638,160 $478,620 $159,540
2022 $8,923 $764,423 $573,317 $191,106
2021 $8,822 $762,157 $609,726 $152,431
2020 $8,192 $707,623 $566,098 $141,525
2019 $7,814 $672,808 $538,246 $134,562
2018 $7,865 $680,995 $544,796 $136,199
2017 $7,753 $673,779 $471,645 $202,134
2016 $32,884 $3,147,275 $2,780,191 $367,084
2015 $21,184 $2,000,000 $1,928,891 $71,109
2014 $22,624 $2,143,012 $2,071,812 $71,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17138258

California Regional Multiple Listing Service (CRMLS)

APN: 496-154-08

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