$779,000
SOLD NOV 7, 2024

518 San Nicholas Ct Laguna Beach, CA 92651

2 Beds
2.5 Baths
1,325 Sq Ft
$858/mo HOA Fee

Recently Sold

$588 Per Sq Ft

8% Below List Price

70 Days on Market

Highlights

  • Filtered Pool
  • City Lights View
  • Cape Cod Architecture
  • El Morro Elementary School Rated A+
  • Open Floorplan
  • Property is near public transit

About This Home

As of November 2024

Motivated Seller!!! Location, location, location. This home has been recently upgraded and is located in the quiet upper cul-de-sac circle of the community. 2 master bedroom suites upstairs, each with its own full bathroom and an extra guest bathroom downstairs. Large living room with open den, cathedral ceilings, 2 skylights, kitchen with a garden window looking out to the front courtyard. This community is conveniently and centrally located near IRVINE SPECTRUM, ALISO VIEJO TOWN CENTER, Saddleback hospital, and medical buildings with easy access to 133 Laguna Canyon Rd. 73 Toll Rd. freeway 5 and 405. You are less than 5 miles from the heart of Laguna Main beach and Laguna Village for shopping, entertaining, dining, and enjoying art galleries with sunset views along the sandy beaches. Laguna Beach is California's Riviera which brings visitors from all over the world to see the PAGENT of the MASTERS for its live painting shows, Festival of the ARTS, SAWDUST, and ART A FAIR for art shows during summer and year-end holidays. Luxury resorts like Laguna Beach MONTAGE, RITZ CARLTON LAGUNA NIGUEL, and PELICAN HILL of Newport Beach are just a few miles away from home. Highly rated Laguna Beach School District.

Last Agent to Sell the Property

Adam Hammodat

Keller Williams Realty Irvine Brokerage Phone: 714-869-5461 License #01995901 Listed on: 08/07/2024

Keller Williams Realty Irvine

Last Buyer's Agent

Nickole Jean

First Team Real Estate License #01761658

First Team Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,530

Year Built

  • Built in 1988

Lot Details

  • 1,000 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $858 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • City Lights
  • Woods
  • Canyon
  • Mountain
  • Hills

Home Design

  • Cape Cod Architecture
  • Turnkey
  • Shingle Roof
  • HardiePlank Type
  • Copper Plumbing

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room

Kitchen

  • Gas Oven
  • Free-Standing Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 12112
  • Assessor Parcel Number 93450192
  • $1,242 per year additional tax assessments

Community Details

Overview

  • 152 Units
  • The Terrace At Canyon Hills Association, Phone Number (949) 716-3998
  • Powerstone Property Mgmt HOA
  • Terraces Laguna Beach Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,530

Year Built

Built in 1988

Lot Details

0

HOA Fees

$858 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Terraces Laguna Beach (TER)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 93450192
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1325.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 587.92
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Primary Bath

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Hills, Mountain(s), Trees/Woods
  • Patio And Porch Features: Patio
  • Pool Features: Association, Fenced, Filtered, Heated, In Ground
  • Pool Private: No
  • Roof: Shingle
  • Spa: Yes
  • Construction Materials: Hardiplank Type

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Water Heater, Microwave, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Hiking Trails
  • Association Fee: 858.00
  • Association Fee Frequency: Monthly
  • Association Name: The Terrace At Canyon HIlls
  • Phone: 9497163998
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Powerstone Property Mgmt

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Landscaped, Level with Street, Near Public Transit, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 1000.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1000.0000 Square Feet
  • Number Of Units In Community: 152
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.49
  • Tax Lot: 6
  • Tax Tract Number: 12112
  • TaxOtherAnnualAssessmentAmount: 1242.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Oct 30, 2024
Sold by
Rasheed Karar
Bought by
Carl Properties Llc
Seller's Agent
Adam Hammodat
Keller Williams Realty Irvine
Buyer's Agent
Nickole Jean
First Team Real Estate
List Price
$850,000
Sold Price
$779,000
Premium/Discount to List
-$71,000
-8.35%
Total Days on Market
70
Views
169
Current Estimated Value
$810,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,314
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
May 14, 2024
Sold by
Rasheed Karar
Bought by
Amiri Samir and Amiri Alaa

Purchase Details

Listed on
Dec 1, 2022
Closed on
Apr 21, 2023
Sold by
Amiri Dania
Bought by
Rasheed Karar
Seller's Agent
David Golbahar
TSG Premier Realty
Buyer's Agent
Adam Hammodat
Keller Williams Realty Irvine
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$210,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2022
Closed on
Mar 16, 2023
Sold by
Max Holiday Trust
Bought by
Rasheed Karar
Seller's Agent
David Golbahar
TSG Premier Realty
Buyer's Agent
Adam Hammodat
Keller Williams Realty Irvine
List Price
$749,000
Sold Price
$730,000
Premium/Discount to List
-$19,000
-2.54%
Views
199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2017
Sold by
Holiday Max
Bought by
Holiday Max and The Max Holiday 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 Type Sale Price Title Company
Grant Deed $779,000 First American Title Company
Gift Deed -- None Listed On Document
Deed -- Ticor Title
Grant Deed $730,000 Ticor Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $779,000 -2.5% $588 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/03/2024 10/03/24 Price Changed $799,000 -3.2% $603 / Sq Ft
09/06/2024 09/06/24 Price Changed $825,000 -2.9% $623 / Sq Ft
08/07/2024 08/07/24 For Sale $850,000 0.0% $642 / Sq Ft
07/19/2023 07/19/23 Rented $3,700 +8.8% --
07/10/2023 07/10/23 For Rent $3,400 0.0% --
04/24/2023 04/24/23 Sold $730,000 -2.5% $540 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $749,000 +2.6% $554 / Sq Ft
03/10/2023 03/10/23 Off Market $730,000 -- --
03/10/2023 03/10/23 For Sale $749,000 +2.6% $554 / Sq Ft
03/09/2023 03/09/23 Off Market $730,000 -- --
02/24/2023 02/24/23 Price Changed $749,000 -3.9% $554 / Sq Ft
02/10/2023 02/10/23 Price Changed $779,000 -2.6% $576 / Sq Ft
01/26/2023 01/26/23 Price Changed $799,999 0.0% $591 / Sq Ft
12/01/2022 12/01/22 For Sale $800,000 -- $591 / 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
2024 $8,530 $744,600 $605,511 $139,089
2023 $4,500 $321,787 $192,542 $129,245
2022 $4,284 $315,478 $188,767 $126,711
2021 $4,143 $309,293 $185,066 $124,227
2020 $4,034 $306,122 $183,168 $122,954
2019 $3,939 $300,120 $179,576 $120,544
2018 $3,846 $294,236 $176,055 $118,181
2017 $3,751 $288,467 $172,603 $115,864
2016 $3,661 $282,811 $169,218 $113,593
2015 $3,584 $278,563 $166,676 $111,887
2014 $3,503 $273,107 $163,411 $109,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24163504

California Regional Multiple Listing Service (CRMLS)

APN: 934-501-92