$840,000 - $983,000
RENTED OCT 5, 2024

515 San Nicholas Ct Laguna Beach, CA 92651

2 Beds
2.5 Baths
1,325 Sq Ft
1987 Built

Last Sold February 08, 2019

Last sale price $575,000 $434 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,424/month

Highlights

  • View of Trees or Woods
  • Community Pool
  • Central Air
  • El Morro Elementary School Rated A+
  • 2 Car Direct Access Garage

About This Home

As of October 2024

Beautiful Laguna Beach townhome style condo with a private deck, perched at the top of a hillside and offering a tree-lined view. The kitchen includes shaker-style cabinets with stainless steel appliances. A counter-top pass-through conveniently links the kitchen to the dining room. Unit includes ONE attached garage, ONE detached garage AND a parking spot in front of the detached garage. Upstairs you will find a spacious primary suite and well-apportioned secondary suite. A powder room downstairs and spacious living area provide a great layout. Residents of the Terraces Laguna Beach can enjoy all aspects of the community amenities with two separate swimming pool and spa areas, barbecue grill and easy access to all the local events Laguna Beach offers like the annual Sawdust Art Festival, Laguna Art-A-Fair and the Festival of Arts. Conveniently located near the 133 and 73 Toll Road with easy access to downtown Laguna, Aliso Viejo and Irvine with their many award winning Restaurants and Shops.

Last Agent to Rent the Property

Fariba Izad

Realty One Group West Brokerage Phone: 949-742-1500 License #01279261 Listed on: 08/04/2024

Realty One Group West

Co-Listed By

Arvin Izad

Realty One Group West Brokerage Phone: 949-742-1500 License #02073776

Last Renter's Agent

DENYSE ANGUS

Berkshire Hathaway Home Services License #02102994

Berkshire Hathaway Home Services

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 1987

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Views of Woods

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $3,800
  • Rent includes association dues
  • Available 8/4/24
  • Tax Lot 6
  • Tax Tract Number 12112
  • Assessor Parcel Number 93450189

Community Details

Overview

  • Property has a Home Owners Association
  • 152 Units
  • Terraces Laguna Beach Subdivision

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,354

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-08-04
  • Credit Check Paid By: Tenant
  • Deposit Security: 3800
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • Subdivision Name Other: Terraces Laguna Beach (TER)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 93450189
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1325.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.82
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Trees/Woods
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre

Multi Family

  • Insurance Water Furniture: No
  • Number Of Units In Community: 152
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

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
Jul 1, 2018
Closed on
Jan 7, 2019
Sold by
Stalnaker Charles R
Bought by
Pourkhaatoun Mohsen and Khakpour Sara
Seller's Agent
Liana Norman
Coldwell Banker Realty
Buyer's Agent
Fariba Izad
Realty One Group West
List Price
$610,000
Sold Price
$575,000
Premium/Discount to List
-$35,000
-5.74%
Current Estimated Value
$882,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,939
Avg. Annual Appreciation
5.78%
Original Mortgage
$431,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2005
Sold by
Stalnaker Cynthia Gough
Bought by
Stalnaker Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2005
Sold by
Thormodsson Freyr
Bought by
Stalnaker Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1998
Sold by
Navarre Diana M
Bought by
Hopson John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.88%

Purchase Details

Closed on
Feb 17, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Navarre Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
7.1%

Purchase Details

Closed on
May 9, 1995
Sold by
Young Charles F and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Pourkhaatoun Mohsen $575,000 Lawyers Title Company
Stalnaker Charles R -- First Southwestern Title Co
Stalnaker Charles R $525,000 --
Hopson John A $200,000 Chicago Title Co
Navarre Diana M $140,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $132,000 --
Federal Home Loan Mortgage Corporation $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pourkhaatoun Mohsen $468,750
Closed Pourkhaatoun Mohsen $428,000
Closed Pourkhaatoun Mohsen $431,250
Closed Pourkhaatoun Mohsen $431,250
Previous Owner Stalnaker Charles R $420,000
Previous Owner Hopson John A $160,000
Previous Owner Navarre Diana M $132,900
Closed Stalnaker Charles R $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2024 10/05/24 Rented $3,735 -1.7% --
10/05/2024 10/05/24 Under Contract -- -- --
08/04/2024 08/04/24 For Rent $3,800 0.0% --
07/31/2023 07/31/23 Rented $3,800 0.0% --
07/22/2023 07/22/23 For Rent $3,800 +2.7% --
07/12/2022 07/12/22 Rented $3,700 0.0% --
07/12/2022 07/12/22 Under Contract -- -- --
06/08/2022 06/08/22 For Rent $3,700 +27.6% --
07/15/2019 07/15/19 Rented $2,900 0.0% --
07/09/2019 07/09/19 Off Market $2,900 -- --
06/02/2019 06/02/19 For Rent $2,900 0.0% --
02/08/2019 02/08/19 Sold $575,000 0.0% $434 / Sq Ft
12/25/2018 12/25/18 Pending -- -- --
09/24/2018 09/24/18 Price Changed $575,000 -3.4% $434 / Sq Ft
08/02/2018 08/02/18 Price Changed $595,000 -2.5% $449 / Sq Ft
07/01/2018 07/01/18 For Sale $610,000 -- $460 / 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 $7,354 $641,421 $507,909 $133,512
2024 $7,354 $628,845 $497,950 $130,895
2023 $7,484 $616,515 $488,186 $128,329
2022 $7,283 $604,427 $478,614 $125,813
2021 $7,085 $592,576 $469,229 $123,347
2020 $6,947 $586,500 $464,417 $122,083
2019 $6,808 $582,420 $442,064 $140,356
2018 $6,659 $571,000 $433,396 $137,604
2017 $5,899 $499,800 $362,196 $137,604
2016 $5,768 $490,000 $355,094 $134,906
2015 $5,736 $490,000 $355,094 $134,906
2014 $5,309 $450,495 $315,589 $134,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24160615

California Regional Multiple Listing Service (CRMLS)

APN: 934-501-89