461 Locust St Laguna Beach, CA 92651
North Laguna Neighborhood
3
Beds
2.5
Baths
1,884
Sq Ft
0.28
Acres
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 2017MILLS 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
Berkshire Hathaway HomeServices California Properties License #00776546 Listed on: 06/19/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,716
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,310
Avg. Annual Appreciation
-1.02%
Original Mortgage
$3,000,000
Outstanding Balance
$2,549,248
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$963,853
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
$155,000
Interest Rate
5.25%
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
Similar Homes in Laguna Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,800,000 | Lawyers Title | |
| Grant Deed | $3,100,000 | Lawyers Title | |
| Grant Deed | $1,800,000 | Lawyers Title | |
| Grant Deed | $194,000 | Fidelity National Title | |
| Gift Deed | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,000,000 | New Conventional | |
| Previous Owner | $155,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $2,170,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $169,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 Compared to Growth
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 | $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
-
Seller's Agent in 2017
Mark Christy
Berkshire Hathaway HomeServices California Properties
(949) 499-5900
10 in this area
28 Total Sales
-
Buyer's Agent in 2017
Robert Buck
The Cayman Group
(949) 290-1153
10 Total Sales
-
Buyer's Agent in 2015
William Dolby
Pacific Sotheby’s International Realty
(949) 717-6000
1 in this area
4 Total Sales
-
Seller's Agent in 2014
Michael Johnson
Compass
(949) 278-7333
8 in this area
190 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG17138258
APN: 496-154-08
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