Seller's Agent in 2016
David Sanford
David Sanford, Broker
(949) 720-1133
28 Total Sales
468 3rd St Laguna Beach, CA 92651
The Village NeighborhoodEstimated Value: $2,707,000 - $3,707,000
5
Beds
5
Baths
2,226
Sq Ft
$1,407/Sq Ft
Est. Value
Highlights
- Wood Flooring
- El Morro Elementary School Rated A+
- Laundry Room
About This Home
As of July 2016468-472 3rd Street, Classic and Rare these 5 free-standing bungalow cottages capture and celebrate the era of vintage Laguna Beach lifestyle. Situated on a double lot, walking distance to the Village and Main Beach, these nicely-detailed bungalows share parking, a free standing laundry facility, craftsmanship interiors, nice upgrades and an irreplaceable beach location spell long term hold. Appreciating asset with Laguna Charm. location, location, location. This property is categorized as a Historic Building in Laguna Beach. Please do not walk the property or disturb the tenants.
Last Agent to Sell the Property
David Sanford, Broker License #00826382 Listed on: 01/31/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 7,000 Sq Ft Lot
- No Common Walls
Home Design
- 2,226 Sq Ft Home
- Composition Roof
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 6 Parking Spaces
- Parking Available
- Unassigned Parking
Additional Features
- Laundry Room
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 6 / E
- Tax Tract Number 679
- Assessor Parcel Number 64126308
Community Details
Overview
- 6 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,300
- Insurance Expense $1,900
- Maintenance Expense $1,500
- Water Sewer Expense $1,000
- New Taxes Expense $25,242
- Gross Income $98,640
- Net Operating Income $65,458
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 13, 2016
Sold by
Seals Daniel R and Seals Diane B
Bought by
Mahdavi Arash and Mamaghani Mahdavi Behnaz Bashardoust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
3.66%
Mortgage Type
Commercial
Purchase Details
Closed on
May 9, 2014
Sold by
Laguna 3Rd Street Llc
Bought by
Daniel R Seals & Diane B Seals Family Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2006
Sold by
Thompson Rita
Bought by
Laguna 3Rd Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,121,250
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mahdavi Arash | $2,075,000 | First American Title Company | |
| Daniel R Seals & Diane B Seals Family Tr | $1,659,000 | Equity Title Company | |
| Laguna 3Rd Street Llc | $1,495,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mahdavi Arash | $820,000 | |
| Previous Owner | Daniel R Seals & Diane B Seals Family Tr | $570,000 | |
| Previous Owner | Laguna 3Rd Street Llc | $1,121,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/15/2016 07/15/16 | Sold | $2,075,000 | -5.5% | $932 / Sq Ft | |
| 01/31/2016 01/31/16 | For Sale | $2,195,000 | +32.3% | $986 / Sq Ft | |
| 07/16/2014 07/16/14 | Sold | $1,659,000 | -7.8% | $745 / Sq Ft | View Prior Sale |
| 05/12/2014 05/12/14 | Pending | -- | -- | -- | |
| 01/14/2014 01/14/14 | For Sale | $1,799,000 | -- | $808 / 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 | $27,915 | $2,408,213 | $2,322,186 | $86,027 |
| 2024 | $27,915 | $2,360,994 | $2,276,653 | $84,341 |
| 2023 | $28,157 | $2,314,700 | $2,232,012 | $82,688 |
| 2022 | $27,408 | $2,269,314 | $2,188,247 | $81,067 |
| 2021 | $26,671 | $2,224,818 | $2,145,340 | $79,478 |
| 2020 | $26,157 | $2,202,006 | $2,123,342 | $78,664 |
| 2019 | $25,734 | $2,158,830 | $2,081,708 | $77,122 |
| 2018 | $25,552 | $2,116,500 | $2,040,890 | $75,610 |
| 2017 | $25,003 | $2,075,000 | $2,000,872 | $74,128 |
| 2016 | $20,837 | $1,684,299 | $1,608,038 | $76,261 |
| 2015 | $20,470 | $1,659,000 | $1,583,884 | $75,116 |
| 2014 | $17,080 | $1,317,000 | $1,256,182 | $60,818 |
Source: Public Records
Agents Affiliated with this Home
-
David Sanford
-
Sasan Aval
Buyer's Agent in 2016
Sasan Aval
Anvil Real Estate
(949) 295-2573
14 Total Sales
-
Tim Carr
Seller's Agent in 2014
Tim Carr
Pacific Sotheby's Int'l Realty
(949) 230-8454
145 Total Sales
-
Matt Perry
Seller Co-Listing Agent in 2014
Matt Perry
Arbor Real Estate
(949) 233-8161
1 in this area
76 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP16020526
APN: 641-263-08
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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