NOT LISTED FOR SALE

509 San Nicholas Ct Laguna Beach, CA 92651

Estimated Value: $786,000 - $861,000

2 Beds
2.5 Baths
1,383 Sq Ft
$596/mo HOA Fee

Last Sold March 21, 2023

Last sale price $725,000 $524 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,483/month

47 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • High Ceiling
  • El Morro Elementary School Rated A+
  • Open Floorplan
  • Great Room

About This Home

As of March 2023

Laguna Beach living at 509 San Nicholas Court in The Terraces! This two story, 2 bed, 2.5 bath home is situated in an interior, quiet location. Upgrades include a whole re-pipe in 2021, wood flooring throughout, kitchen with granite countertops and stainless steel appliances, and fresh paint. The kitchen is open to the dining area and a comfortably sized family room with a tiled fireplace and large windows for natural sunlight! Upstairs is a spacious landing and an oversized primary bedroom with vaulted ceilings, large closets and double sinks! Enjoy your yard with a tree lined view or entertain by the community pool. An attached garage includes a laundry area and a secondary garage is just steps away. Conveniently located minutes to downtown Laguna Beach filled with shops, dining and the world’s best beaches and easy access to freeways and the 73 Toll. Are you ready to come home?

Last Agent to Sell the Property

Christine Morgan

Marterra Real Estate License #01839037 Listed on: 01/24/2023

Last Buyer's Agent

John Varon

Avaron Realty License #01406895

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

  • $596 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door

Interior Spaces

  • 1,383 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Views of Woods

Kitchen

  • Open to Family Room
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 12112
  • Assessor Parcel Number 93450183

Community Details

Overview

  • 160 Units
  • The Terraces Association, Phone Number (949) 716-3998
  • Powerstone Pm HOA
  • Terraces Laguna Beach Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,702

Year Built

Built in 1987

Lot Details

0

HOA Fees

$596 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Terraces Laguna Beach (TER)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93450183
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1383.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 524.22
  • Room Type: All Bedrooms Up, Great Room, Kitchen, Living Room
  • Spa Features: Association, Community
  • Bathroom Features: Shower In Tub, Main Floor Full Bath, Remodeled
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 596.40
  • Association Fee Frequency: Monthly
  • Association Name: The Terraces
  • Phone: (949) 716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Powerstone PM

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 160
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.49
  • Tax Lot: 6
  • Tax Tract Number: 12112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Apr 6, 2023
Sold by
Alexeeva Elena V
Bought by
Elena Alexeeva 2002 Trust
Seller's Agent
Christine Morgan
Marterra Real Estate
Buyer's Agent
John Varon
Avaron Realty
List Price
$725,000
Sold Price
$725,000
Views
102
Current Estimated Value
$824,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,841
Avg. Annual Appreciation
5.48%

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 4, 2023
Sold by
Dooley Elizabeth Laurence
Bought by
Alexeeva Elena V
Seller's Agent
Christine Morgan
Marterra Real Estate
Buyer's Agent
John Varon
Avaron Realty
List Price
$725,000
Sold Price
$725,000
Views
102

Purchase Details

Closed on
Jun 7, 2018
Sold by
Reichert Sabine and Dooley Elizabeth Laurence
Bought by
Dooley Elizabeth Laurence

Purchase Details

Closed on
Aug 25, 2015
Sold by
Dooley Brian
Bought by
Dooley Brian G and The Irvine Investments Revocable Trust

Purchase Details

Closed on
Dec 7, 2012
Sold by
Dooley Brian
Bought by
Dooley Brian

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jul 31, 2012
Sold by
Dooley Brian
Bought by
Dooley Brian and Joseph G Dooley Irreocable Trust
Seller's Agent
Laura Baptista
Team Laguna Inc
Buyer's Agent
Melinda Kent
Jason Mitchell R. E. Calif.
Sold Price
$2,000

Purchase Details

Closed on
Sep 8, 2010
Sold by
Alper Sandra J
Bought by
Dooley Brian and Joseph G Dooley Irrevocable Trust

Purchase Details

Closed on
Mar 7, 2007
Sold by
Shaw Lillian and Sanocki Edmond
Bought by
Alper Sandra J and Sandra Joan Alper Living Trust

Purchase Details

Closed on
Oct 9, 2006
Sold by
Shaw Lillian
Bought by
Shaw Lillian and Sanocki Edmond

Purchase Details

Closed on
Jun 13, 2006
Sold by
Kaplan Adam
Bought by
Shaw Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
9.47%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 17, 2000
Sold by
Leonard Kaplan and Wolfe Joanne Wolfe
Bought by
Kaplan Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.96%

Purchase Details

Closed on
Sep 29, 2000
Sold by
Younger Jamie C
Bought by
Younger Shannon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.96%
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
Elena Alexeeva 2002 Trust -- First American Title
Alexeeva Elena V $725,000 First American Title
Dooley Elizabeth Laurence -- None Available
Dooley Brian G -- None Available
Dooley Brian -- None Available
Dooley Brian -- None Available
Dooley Brian $359,000 Stewart Title
Alper Sandra J $549,000 Stewart Title Of California
Shaw Lillian -- Accommodation
Shaw Lillian $500,000 Old Republic Title Co O C
Kaplan Adam -- United Title Company
Younger Shannon K -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Lillian $450,000
Previous Owner Kaplan Adam $280,000
Previous Owner Kaplan Adam $75,000
Previous Owner Kaplan Adam $50,000
Previous Owner Kaplan Adam $195,000
Previous Owner Kaplan Adam $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $725,000 0.0% $524 / Sq Ft
03/12/2023 03/12/23 For Sale $725,000 0.0% $524 / Sq Ft
03/10/2023 03/10/23 Off Market $725,000 -- --
02/06/2023 02/06/23 For Sale $725,000 0.0% $524 / Sq Ft
02/02/2023 02/02/23 Off Market $725,000 -- --
01/24/2023 01/24/23 For Sale $725,000 0.0% $524 / Sq Ft
05/03/2015 05/03/15 Rented $2,400 +9.1% --
04/03/2015 04/03/15 Under Contract -- -- --
03/25/2015 03/25/15 For Rent $2,200 0.0% --
01/21/2014 01/21/14 Rented $2,200 0.0% --
12/22/2013 12/22/13 Under Contract -- -- --
12/13/2013 12/13/13 For Rent $2,200 +10.0% --
09/16/2012 09/16/12 Rented $2,000 -9.1% --
09/12/2012 09/12/12 Under Contract -- -- --
06/06/2012 06/06/12 For Rent $2,200 0.0% --
01/03/2012 01/03/12 Rented $2,200 0.0% --
01/03/2012 01/03/12 Under Contract -- -- --
12/01/2011 12/01/11 For Rent $2,200 -- --
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 $4,702 $382,225 $258,333 $123,892
2024 $4,702 $374,731 $253,268 $121,463
2023 $3,673 $240,118 $153,682 $86,436
2022 $3,544 $235,410 $150,668 $84,742
2021 $3,418 $230,795 $147,714 $83,081
2020 $3,318 $228,429 $146,199 $82,230
2019 $3,236 $223,950 $143,332 $80,618
2018 $3,159 $219,559 $140,521 $79,038
2017 $3,078 $215,254 $137,765 $77,489
2016 $3,002 $211,034 $135,064 $75,970
2015 $2,936 $207,865 $133,036 $74,829
2014 $2,869 $203,794 $130,430 $73,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23012922

California Regional Multiple Listing Service (CRMLS)

APN: 934-501-83