NOT LISTED FOR SALE

485 Mermaid St Unit 203 Laguna Beach, CA 92651

Main Beach Neighborhood

Estimated Value: $648,000 - $873,301

1 Bed
1 Bath
450 Sq Ft
$86/mo HOA Fee

Last Sold March 30, 2012

Last sale price $240,000 $533 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $4,683/month

379 Days on Market

Highlights

  • Ocean View
  • Gated Parking
  • Subterranean Parking
  • Senior Community
  • Bamboo Flooring
  • Fireplace

About This Home

As of March 2012

One of a kind 1 bd 1 ba in downtown Laguna Beach. Large patio. Walk to main beach and downtown. New bamboo flooring, granite counters and walk-in closet. Must see to appreciate.

Last Agent to Sell the Property

Laurent Dropsy

Integrity Real Estate License #01235751 Listed on: 03/11/2011

Last Buyer's Agent

Laurent Dropsy

Integrity Real Estate License #01235751 Listed on: 03/11/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,969

Year Built

  • Built in 1985

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Gated Parking

Interior Spaces

  • 450 Sq Ft Home
  • Fireplace
  • Sliding Doors
  • Living Room Balcony
  • Ocean Views
  • Eat-In Kitchen

Flooring

  • Bamboo
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Radiant Heating System
  • Sewer Paid
  • Cable TV Available

Community Details

  • Senior Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 11887
  • Assessor Parcel Number 93178077

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,969

Year Built

Built in 1985

Lot Details

0

HOA Fees

$86 per month

Parking

1

Listing Details

  • Assessments: No
  • Other Phone Description: Preferred
  • Other Phone Number: 949-268-3350
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93178077
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 450.00
  • Interior Amenities: Elevator, Living Room Balcony
  • Flooring: Bamboo, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 533.33
  • Room Type: Walk-In Closet

Exterior Features

  • Patio: No
  • View: Ocean
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Gated, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Radiant
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 259.00
  • Association Fee Frequency: Quarterly
  • Senior Community: Yes

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 11887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2018
Sold by
Carmichael Thomas G and Lafler Carmichael Rosanna Avila
Bought by
Carmichael Thomas Gerald and Lafler Carmichael Rosanna Avila
Current Estimated Value
$779,075

Purchase Details

Closed on
Jun 15, 2015
Sold by
Carmichael Thomas G
Bought by
Carmichael Thomas G and Lafler Carmichael Rosanna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Outstanding Balance
$141,900
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$637,175

Purchase Details

Listed on
Mar 11, 2011
Closed on
Feb 22, 2012
Sold by
Lafler Rosanna A
Bought by
Carmichael Thomas G
Seller's Agent
Laurent Dropsy
Integrity Real Estate
Buyer's Agent
Laurent Dropsy
Integrity Real Estate
List Price
$261,000
Sold Price
$240,000
Premium/Discount to List
-$21,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$192,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2011
Closed on
Feb 17, 2012
Sold by
Gold William
Bought by
Carmichael Thomas G
Seller's Agent
Laurent Dropsy
Integrity Real Estate
Buyer's Agent
Laurent Dropsy
Integrity Real Estate
List Price
$261,000
Sold Price
$240,000
Premium/Discount to List
-$21,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2003
Sold by
The Lm Trust
Bought by
Gold William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,440
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1999
Sold by
Sterling Santley J and Sterling Cecilia A
Bought by
Miller Lita and The Lm Trust
Source: Public Records

Range of Values:

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Average Value
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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
Carmichael Thomas Gerald -- None Available
Carmichael Thomas G -- None Available
Carmichael Thomas G -- Investors Title Company
Carmichael Thomas G $240,000 Investors Title Company
Gold William $227,000 Stewart Title Irvine
Miller Lita $152,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Thomas G $184,000
Closed Carmichael Thomas G $192,000
Previous Owner Gold William $130,000
Previous Owner Gold William $389,000
Previous Owner Gold William $181,440
Closed Gold William $45,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $240,000 -2.0% $533 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
07/22/2011 07/22/11 Price Changed $245,000 -6.1% $544 / Sq Ft
03/11/2011 03/11/11 For Sale $261,000 -- $580 / Sq Ft
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 $3,969 $301,446 $218,857 $82,589
2024 $3,969 $295,536 $214,566 $80,970
2023 $3,846 $289,742 $210,359 $79,383
2022 $3,740 $284,061 $206,234 $77,827
2021 $3,637 $278,492 $202,191 $76,301
2020 $3,563 $275,637 $200,118 $75,519
2019 $3,479 $270,233 $196,194 $74,039
2018 $3,397 $264,935 $192,347 $72,588
2017 $3,313 $259,741 $188,576 $71,165
2016 $3,234 $254,649 $184,879 $69,770
2015 $3,167 $250,824 $182,102 $68,722
2014 $3,091 $245,911 $178,535 $67,376
Source: Public Records

Agents Affiliated with this Home

  • Laurent Dropsy

    Seller's Agent in 2012

    Laurent Dropsy

    Integrity Real Estate

    (949) 254-4855

    17 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S651244

California Regional Multiple Listing Service (CRMLS)

APN: 931-780-77

California Orange County Laguna Beach 92651 Main Beach

485 Mermaid St Unit 203, Laguna Beach, CA

This home is located at 485 Mermaid St Unit 203, Laguna Beach, CA 92651 since 11 March 2011 and is currently estimated at $779,075, approximately $1,731 per square foot. This property was built in 1985. 485 Mermaid St Unit 203 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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