Landlord's Agent in 2020
Wayne Baglin
Baglin Real Estate
(949) 497-5111
2 Total Sales
485 Mermaid St Unit 724 Laguna Beach, CA 92651
Main Beach NeighborhoodEstimated Value: $702,274
1
Bed
1
Bath
504
Sq Ft
10,001
Sq Ft Lot
Highlights
- No Units Above
- City Lights View
- Deck
- Senior Community
- Updated Kitchen
- Wood Flooring
About This Home
As of August 2020Senior Citizen condominium complex. Resident must be age 58 or over and use condo as principle residence. No smoking and no pets. Good credit. Condo was subject of major remodel several years ago. Owner has described it as "Old World Luxury Design". Primary entrance is through sliding glass door into living room with fireplace and built-in banquette along two walls. Adjacent, extravagant kitchen has five burner, gas range/oven, microwave and warming drawer. Custom cabinets. Hallway leads to opulent bathroom with glass sink and hand painted tiles in oversize shower, walk in closet and bedroom with newer queen size mattress on custom storage cabinet with drawers. Condo has air conditioning, heating and ceiling fan. Sliding doors lead to large common area deck with view of downtown Laguna Beach. One parking space is assigned to the condo, there is no guest parking. Access to the garage, one level below condo, is by elevator or stairs. Common laundry. A one of a kind gem.
Last Agent to Rent the Property
Baglin Real Estate License #00883850 Listed on: 07/01/2020
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,688
Year Built
- Built in 1986
Lot Details
- Property fronts an alley
- No Units Above
- End Unit
- 1 Common Wall
Parking
- 1 Car Garage
- Attached Carport
- Parking Available
- Assigned Parking
- Community Parking Structure
Property Views
- City Lights
- Hills
Interior Spaces
- 504 Sq Ft Home
- Partially Furnished
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Track Lighting
- Gas Fireplace
- Sliding Doors
- Living Room with Fireplace
- Laundry Room
Kitchen
- Updated Kitchen
- Built-In Range
- Dishwasher
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Remodeled Bathroom
- 1 Bathroom
- Walk-in Shower
Outdoor Features
- Deck
- Patio
Utilities
- Cooling System Mounted To A Wall/Window
- Combination Of Heating Systems
- Natural Gas Connected
- Central Water Heater
- Sewer Paid
Additional Features
- Accessible Parking
- Urban Location
Listing and Financial Details
- Security Deposit $2,500
- Rent includes association dues, gardener, sewer, trash collection, water
- 12-Month Minimum Lease Term
- Available 7/1/20
- Tax Lot 1
- Tax Tract Number 11887
- Assessor Parcel Number 93178098
Community Details
Overview
- Senior Community
- Property has a Home Owners Association
- 25 Units
- Mermaid Terrace Owners Association
- Main Beach Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 14, 2002
Sold by
Allen William Burdell
Bought by
Woodward Marc and Woodward Candice Hoke
Current Estimated Value
Purchase Details
Closed on
Feb 11, 2000
Sold by
Canada Donald W and Canada Joan M
Bought by
Allen William Burdell
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
8.21%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Woodward Marc | $185,000 | Chicago Title Co | |
| Allen William Burdell | $185,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Allen William Burdell | $138,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2020 08/08/20 | Rented | $2,000 | -9.1% | -- |
| 07/29/2020 07/29/20 | Off Market | $2,200 | -- | -- |
| 07/29/2020 07/29/20 | Under Contract | -- | -- | -- |
| 07/01/2020 07/01/20 | For Rent | $2,200 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $3,688 | $273,288 | $180,582 | $92,706 |
| 2024 | $3,688 | $267,930 | $177,041 | $90,889 |
| 2023 | $3,572 | $262,677 | $173,570 | $89,107 |
| 2022 | $3,471 | $257,527 | $170,167 | $87,360 |
| 2021 | $3,373 | $252,478 | $166,830 | $85,648 |
| 2020 | $3,302 | $249,890 | $165,120 | $84,770 |
| 2019 | $3,222 | $244,991 | $161,883 | $83,108 |
| 2018 | $3,146 | $240,188 | $158,709 | $81,479 |
| 2017 | $3,067 | $235,479 | $155,597 | $79,882 |
| 2016 | $2,992 | $230,862 | $152,546 | $78,316 |
| 2015 | $2,929 | $227,395 | $150,255 | $77,140 |
| 2014 | $2,857 | $222,941 | $147,312 | $75,629 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Baglin
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG20128291
APN: 931-780-98
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