NOT LISTED FOR SALE

485 Mermaid St Unit 202 Laguna Beach, CA 92651

Main Beach Neighborhood

Estimated Value: $389,000 - $807,000

1 Bed
1 Bath
436 Sq Ft
10,001 Sq Ft Lot

Highlights

  • Senior Community
  • View of Hills
  • Granite Countertops
  • Cape Cod Architecture
  • End Unit
  • 1 Car Attached Garage

About This Home

As of December 2021

Highly sought after Mermaid Terrace senior citizen one bedroom, one bath condo in downtown Laguna Beach. Tenant must be age 58 or over and condo to be tenant's primary residence. Condo is on second floor of building, directly above parking garage with elevator access. View of the hills and walking distance to beach, restaurants and shopping . Condo has been refreshed with new paint, laminate flooring, gas range, microwave, garbage disposal and refrigerator. One parking space is assigned in gated garage. Bright interior. Common laundry room. Common area decks with view of downtown and ocean. Tenant pays gas and electricity. No pets and no smoking in condo or any common area in building.

Last Agent to Rent the Property

Wayne Baglin

Baglin Real Estate License #00883850 Listed on: 11/11/2021

Last Renter's Agent

Wayne Baglin

Baglin Real Estate License #00883850 Listed on: 11/11/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,349

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Cape Cod Architecture
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Wood Siding
  • Shingle Siding
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 436 Sq Ft Home
  • Ceiling Fan
  • Bay Window
  • Laminate Flooring
  • Views of Hills
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Security Deposit $3,000
  • Rent includes association dues, gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 11/11/21
  • Tax Lot 1
  • Tax Tract Number 11887
  • Assessor Parcel Number 93178076

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • 25 Units
  • The Village Subdivision

Amenities

  • Laundry Facilities

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,349

Year Built

Built in 1986

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2021-11-11
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Refrigerator, dishwasher, microwave, gas range/oven
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93178076
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 436.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.50
  • Room Type: All Bedrooms Down
  • Window Features: Bay Window(s)
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • View: Hills
  • Fence: No
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Concrete, Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10000.00
  • Lot Size Acres: 0.2296

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 10000.0000 Square Feet
  • Number Of Units In Community: 25
  • Number Of Units Total: 25
  • Rent Includes: Association Dues, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 626.05
  • Tax Lot: 1
  • Tax Tract Number: 11887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2021
Sold by
Woodward Mark S
Bought by
Cavanaugh Theresa and Theresa Cavanaugh & Michael Co
Current Estimated Value
$567,141

Purchase Details

Closed on
Nov 14, 2020
Sold by
Allen William B
Bought by
Woodward Mark S

Purchase Details

Closed on
Feb 26, 2008
Sold by
Skenderian Morris
Bought by
Woodward Mark S and Allen William B

Purchase Details

Closed on
Jun 7, 2005
Sold by
Skenderian Rose and Skenderian Vahan
Bought by
Skenderian Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1994
Sold by
Hall Linda Lee
Bought by
Skenderian Morris and Skenderian Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.73%
Source: Public Records

Range of Values:

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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
Cavanaugh Theresa $320,500 Chicago Title Company
Woodward Mark S -- None Available
Woodward Mark S $236,500 Lawyers Title Insurance
Skenderian Morris $151,500 Chicago Title Co
Skenderian Morris $125,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skenderian Morris $181,600
Previous Owner Skenderian Morris $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Rented $2,400 0.0% --
11/16/2021 11/16/21 Under Contract -- -- --
11/11/2021 11/11/21 For Rent $2,400 -- --
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
2025 $4,349 $339,692 $271,669 $68,023
2024 $4,349 $333,032 $266,342 $66,690
2023 $4,218 $326,502 $261,119 $65,383
2022 $4,105 $320,100 $255,999 $64,101
2021 $3,832 $297,752 $226,747 $71,005
2020 $3,643 $283,564 $204,476 $79,088
2019 $3,558 $278,004 $200,466 $77,538
2018 $3,475 $272,553 $196,535 $76,018
2017 $3,389 $267,209 $192,681 $74,528
2016 $3,308 $261,970 $188,903 $73,067
2015 $3,240 $258,035 $186,065 $71,970
2014 $3,163 $252,981 $182,420 $70,561
Source: Public Records

Agents Affiliated with this Home

  • Wayne Baglin

    Landlord's Agent in 2021

    Wayne Baglin

    Baglin Real Estate

    (949) 497-5111

    2 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21247032

California Regional Multiple Listing Service (CRMLS)

APN: 931-780-76

California Orange County Laguna Beach 92651 Main Beach

485 Mermaid St Unit 202, Laguna Beach, CA

This home is located at 485 Mermaid St Unit 202, Laguna Beach, CA 92651 since 11 November 2021 and is currently priced at $523,966. This property was built in 1986. 485 Mermaid St Unit 202 is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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