NOT LISTED FOR SALE

Estimated Value: $3,286,313 - $4,696,000

5 Beds
4.5 Baths
1,863 Sq Ft
$2,070/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $2,800,000 $1,503 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $23,340/month

12 Days on Market

Highlights

  • Detached Guest House
  • View of Hills
  • Wood Flooring
  • Top Of The World Elementary School Rated A+
  • Cathedral Ceiling
  • Quartz Countertops

About This Home

As of November 2018

Much love & care poured into every detail of the Oak Cottages. This opportunity consists of 3 fully remodeled, individual homes.

Cottage A is a true Craftsman orig built in 1921 with it’s low pitch roof & covered front porch.

The Mahogany front door welcomes you to the main living area. This 2 Bed, 2 Bath beauty has engineered Wood Flooring throughout with a gas fireplace, marble tile and the original Mantle!

Step into the kitchen with it’s vaulted ceiling, natural light and original beams. You’ll love the Calacatta Quartz countertops, all new wood cabinets, brushed gold hardware & soft close drawers. Frigidaire Gallery stainless steel refrigerator, stove, dishwasher and range hood.

Impress your friends with the guest bath’s amazing refurbished clawfoot tub, marble vanity, a geo pattern porcelain tile floor & subway tile.

Your master bedroom has a large walk in closet & French doors to the back patio. The en suite bath, with it’s frameless shower and geo pattern porcelain tile floors impress with the marble top furniture style vanity!

Cottage B is a studio, Cottage C is a 2 Bedroom, 1 ½ Bath apt, all with the same luxury finishes & Cottage C has a private deck.

Lush landscaping, a built in bbq, covered patio area for our beautiful beach evenings & don’t forget the outside shower for those days at the beach! The new bamboo fencing is the perfect accent to this tranquil property.

2 W/D hookups, Solar Panels & new copper re-pipe & gas re-pipe.

Last Agent to Sell the Property

Patti Gregory

Real Broker License #01182154 Listed on: 10/17/2018

Real Broker

Last Buyer's Agent

Gordon Haney

Emerald Bay Realty License #00270321

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 6,734 Sq Ft Lot
  • West Facing Home
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Bay Window
  • Living Room with Fireplace
  • Views of Hills

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Tankless Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 99
  • Assessor Parcel Number 64419103

Home Details

Home Type

Single Family

Year Built

Built in 1921 | Remodeled

Lot Details

6,734 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64419103
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1863.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 1502.95
  • Room Type: All Bedrooms Down
  • Window Features: Bay Window(s)
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Quartz Counters, Self-Closing Drawers

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Guest House Detached
  • View: Hills
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Gas Oven, Gas Cooktop, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street
  • Lot Size Sq Ft: 6734.00
  • Lot Size Acres: 0.1546

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6734.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 626.19
  • Tax Lot: 2
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2019
Sold by
Wells Margaret
Bought by
Wells Margaret C
Current Estimated Value
$3,855,828

Purchase Details

Closed on
May 14, 2019
Sold by
The Wells Family Trust
Bought by
Wells Margaret

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 28, 2018
Sold by
Wells J Thomas
Bought by
Wells Sandra L
Seller's Agent
Patti Gregory
Real Broker
Buyer's Agent
Gordon Haney
Emerald Bay Realty
List Price
$2,900,000
Sold Price
$2,800,000
Premium/Discount to List
-$100,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$1,755,000
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 20, 2018
Sold by
Masis Holdings Llc
Bought by
Wells J Thomas
Seller's Agent
Patti Gregory
Real Broker
Buyer's Agent
Gordon Haney
Emerald Bay Realty
List Price
$2,900,000
Sold Price
$2,800,000
Premium/Discount to List
-$100,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,755,000
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2017
Sold by
Tanner Michael Diana
Bought by
Masls Holdingd Llc

Purchase Details

Closed on
Feb 4, 1999
Sold by
Louise Logan Michael Diana and Louise Michael Diana
Bought by
Tanner Michael Diana Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.79%
Mortgage Type
Stand Alone Second
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
Wells Margaret C -- None Available
Wells Margaret $2,800,000 Ticor Title
Wells Sandra L -- Ticor Title
Wells J Thomas $2,800,000 Ticor Title
Masls Holdingd Llc $1,360,000 Ticor Title Co Of California
Tanner Michael Diana Louise -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wells J Thomas $1,755,000
Previous Owner Tanner Michael Diana Louise $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $2,800,000 -3.4% $1,503 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $2,900,000 -- $1,557 / 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 $32,832 $3,123,451 $3,058,813 $64,638
2024 $32,832 $3,062,207 $2,998,836 $63,371
2023 $32,533 $3,002,164 $2,940,035 $62,129
2022 $31,821 $2,943,299 $2,882,388 $60,911
2021 $31,114 $2,885,588 $2,825,871 $59,717
2020 $30,683 $2,856,000 $2,796,895 $59,105
2019 $30,113 $2,800,000 $2,745,417 $54,583
2018 $18,880 $1,700,000 $1,651,029 $48,971
2017 $4,325 $281,344 $225,176 $56,168
2016 $4,209 $275,828 $220,761 $55,067
2015 $4,107 $271,685 $217,445 $54,240
2014 $4,005 $266,364 $213,186 $53,178
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18253070

California Regional Multiple Listing Service (CRMLS)

APN: 644-191-03

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