508 Mystic Way Laguna Beach, CA 92651
Mystic Hills NeighborhoodEstimated Value: $4,317,000 - $7,356,000
4
Beds
3.5
Baths
3,637
Sq Ft
$1,637/Sq Ft
Est. Value
Highlights
- Coastline Views
- Fireplace in Primary Bedroom
- Cathedral Ceiling
- El Morro Elementary School Rated A+
- Secluded Lot
- Wood Flooring
About This Home
As of July 2014THIS BEAUTIFULLY BUILT EUROPEAN VILLA (WITH GORGEOUS PROVINCIAL FRENCH INTERIORS) IS TRULY A LANDMARK PROPERTY IN LAGUNA BEACH. ONE OF THE FEW HANDCRAFTED HOMES AVAILABLE IN TOWN FROM RENOWNED ARCHITECT JOHN O’NEILL. ENJOY THE PRIVACY OF THIS HOME, LOCATED JUST ABOVE DOWNTOWN LAGUNA BEACH. THE LOCATION PROVIDES FOR ONE OF THE MOST SPECTACULAR VIEWS YOU WILL EVER SEE (ALONG WITH WHITE WATER, COASTLINE, & CATALINA VIEWS)-RIVALS THE COAST OF ITALY OR SOUTH OF FRANCE…FIVE STAR FINISHES INCLUDE: ALBERTINI (ITALIAN) CRAFTED DOORS & WINDOWS, 150-YEAR OLD FRENCH TERRA COTTA FLOORING, MARBLE COUNTER/TABLE, FIREPLACE, SUB-ZERO IN EUROPEAN KITCHEN, ABUNDANT QUARRIED LIMESTONE, BEAMED CEILINGS, DISTRESSED OAK FLOORING, GORGEOUS WROUGHT IRON THROUGHOUT THE PROPERTY. LUSH FRUIT TREES AND MANY OUTDOOR SPACES PROVIDE FOR EXTENSIVE ENTERTAINING AND PRIVACY ON A 13,000SF LOT.
LUXURIOUS. TASTEFUL. REFINED.
Last Agent to Sell the Property
The Agency Brokerage Phone: 949-698-2082 License #01456027 Listed on: 06/21/2014
Last Buyer's Agent
Julie Hile
Redfin License #01011043
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $55,442
Year Built
- Built in 1998
Lot Details
- 0.3 Acre Lot
- Secluded Lot
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
Home Design
- Split Level Home
- Spanish Tile Roof
- Clay Roof
- Copper Plumbing
Interior Spaces
- 3,637 Sq Ft Home
- 2-Story Property
- Built-In Features
- Cathedral Ceiling
- Shutters
- French Doors
- Living Room with Fireplace
- Dining Room
- Den
- Library
- Workshop
- Utility Room
- Laundry Room
- Coastline Views
Kitchen
- Built-In Range
- Freezer
- Dishwasher
- Disposal
- Fireplace in Kitchen
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- All Upper Level Bedrooms
- Walk-In Closet
Outdoor Features
- Balcony
- Covered patio or porch
- Outdoor Fireplace
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- Water Softener
- Sewer Paid
- Cable TV Available
Community Details
- No Home Owners Association
- Mystic Hills Subdivision
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 7
- Assessor Parcel Number 64128103
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2014
Closed on
Jul 18, 2014
Sold by
Eglet Robert and Eglet Tracy
Bought by
The Pershant & Nidhika Mehta Revocable T
Seller's Agent
Ann Metzger
The Agency
Buyer's Agent
Julie Hile
Redfin
List Price
$4,999,000
Sold Price
$4,950,000
Premium/Discount to List
-$49,000
-0.98%
Total Days on Market
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,004,919
Avg. Annual Appreciation
1.89%
Original Mortgage
$2,475,000
Outstanding Balance
$1,871,665
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,194,037
Purchase Details
Closed on
Jul 1, 2010
Sold by
Oneill John S
Bought by
Eglet Robert and Eglet Tracy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 27, 2005
Sold by
Oneill John S
Bought by
Oneill John S and The John S Oneill Revocable Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 12, 1996
Sold by
Trisdale Donald J and Trisdale Ken B
Bought by
Palmer James and Oneill John S
Similar Homes in Laguna Beach, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Pershant & Nidhika Mehta Revocable T | $4,950,000 | Equity Title Company | |
| Eglet Robert | $4,100,000 | Chicago Title | |
| Oneill John S | -- | Fidelity National | |
| Palmer James | $365,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehta Pershant | $2,475,000 | |
| Closed | The Pershant & Nidhika Mehta Revocable T | $2,475,000 | |
| Previous Owner | Eglet Robert | $5,355,000 | |
| Previous Owner | Eglet Robert | $2,000,000 | |
| Previous Owner | Oneill John S | $1,500,000 | |
| Previous Owner | Oneill John S | $500,000 | |
| Previous Owner | Palmer James | $1,500,000 | |
| Previous Owner | Oneill John S | $250,000 | |
| Previous Owner | Palmer James | $1,525,000 | |
| Previous Owner | Palmer James | $1,500,000 | |
| Previous Owner | Palmer James | $875,000 | |
| Previous Owner | Palmer James | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2014 07/22/14 | Sold | $4,950,000 | -1.0% | $1,361 / Sq Ft |
| 06/30/2014 06/30/14 | Pending | -- | -- | -- |
| 06/21/2014 06/21/14 | For Sale | $4,999,000 | -- | $1,374 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $55,442 | $5,361,009 | $4,078,655 | $1,282,354 |
| 2023 | $55,533 | $5,361,009 | $4,078,655 | $1,282,354 |
| 2022 | $54,431 | $5,255,892 | $3,998,682 | $1,257,210 |
| 2021 | $53,329 | $5,152,836 | $3,920,277 | $1,232,559 |
| 2020 | $56,158 | $5,439,746 | $4,195,427 | $1,244,319 |
| 2019 | $55,170 | $5,333,085 | $4,113,164 | $1,219,921 |
| 2018 | $54,083 | $5,228,515 | $4,032,514 | $1,196,001 |
| 2017 | $53,004 | $5,125,996 | $3,953,446 | $1,172,550 |
| 2016 | $51,990 | $5,025,487 | $3,875,928 | $1,149,559 |
| 2015 | $51,199 | $4,950,000 | $3,817,708 | $1,132,292 |
| 2014 | $42,549 | $4,100,000 | $3,020,016 | $1,079,984 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Metzger
Seller's Agent in 2014
Ann Metzger
The Agency
(949) 698-2082
24 Total Sales
-
J
Buyer's Agent in 2014
Julie Hile
Redfin
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG14132051
APN: 641-281-03
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