Seller's Agent in 2024
Jennifer Toyama
Berkshire Hathaway HomeService
(949) 491-6718
1 in this area
95 Total Sales
540 Alta Vista Way Laguna Beach, CA 92651
Alta Vista NeighborhoodEstimated Value: $3,520,000 - $4,361,946
3
Beds
5
Baths
3,184
Sq Ft
$1,270/Sq Ft
Est. Value
Highlights
- Ocean View
- Main Floor Bedroom
- Fireplace
- Top Of The World Elementary School Rated A
- No HOA
- 2 Car Attached Garage
About This Home
As of May 2024*** BANKRUPTCY COURT SALE - EQUITY SALE (NOT AN REO, NOT BANK OWNED, AND NOT A SHORT SALE) ***INCOMPLETE CONSTRUCTION - SOLD AS IS - BUYER TO PAY THEIR OWN CONTRACTORS TO COMPLETE!! Stunning views of the Pacific Ocean and Catalina Island abound from this parcel nestled in the hills of historic Laguna Beach. This is a unique opportunity to finish construction on a custom 3 bedroom/5 bath, 3184 square foot home designed by world-class architect, Brion Jeannette. The home is highlighted by wide and expansive interior living spaces, with captivating Catalina views from the entire main floor that include a Kitchen, Dining Room, Greatroom, and Primary Bedroom. This space has been masterfully designed to include a "Viewing Room” right off the large deck to enjoy the beautiful blue ocean during the day, or the magical sunsets in the evening. The ground floor includes the laundry room, 2 bedrooms, both with ensuite bathrooms, and a lounge that is large enough to purpose both a gym and recreation area. It is simply up to you! The fantastic location of this home is within proximity to all Laguna Beach has to offer, just a quick drive on a golf cart to Victoria Beach, one of the most pristine beaches in all of California. The home is currently under construction, ready for you to make final adjustments and pick out every detail in the finishes. Don’t miss an amazing opportunity to bypass the initial steps of building a custom home that can take years, and countless hours of time and stress. 540 Alta Vista is waiting for you! Sold As-Is. NOTE: EASEMENT ON DRIVE-WAY FOR NEIGHBOR.
Last Agent to Sell the Property
Berkshire Hathaway HomeService Brokerage Phone: 714-501-7132 License #01927057 Listed on: 02/11/2023
Co-Listed By
Berkshire Hathaway HomeService Brokerage Phone: 714-501-7132 License #00801398
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,050
Year Built
- Built in 2023
Lot Details
- 4,837 Sq Ft Lot
- No Landscaping
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Panoramic
Interior Spaces
- 3,184 Sq Ft Home
- 2-Story Property
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Schools
- Laguna Beach High School
Utilities
- Cooling Available
- Sewer Paid
Community Details
- No Home Owners Association
- Alta Vista Subdivision
Listing and Financial Details
- Legal Lot and Block 28 / 18
- Tax Tract Number 26
- Assessor Parcel Number 65614227
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2023
Closed on
Apr 11, 2024
Sold by
Cal Pac Mortgage Fund Llc
Bought by
Cakar Investment Llc
Seller's Agent
Jennifer Toyama
Berkshire Hathaway HomeService
Buyer's Agent
Sam Kilic
Flagstone Real Estate
List Price
$2,699,000
Sold Price
$3,520,000
Premium/Discount to List
$821,000
30.42%
Views
1307
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
$523,237
Avg. Annual Appreciation
10.10%
Original Mortgage
$2,800,000
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 20, 2019
Sold by
Kurmi Llc
Bought by
Calpac Mortgage Fund Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
4%
Mortgage Type
Construction
Purchase Details
Closed on
May 29, 2018
Sold by
Kurmi Llc
Bought by
Kurmi Llc
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
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 5, 2017
Sold by
Brooks Lisa M Borges
Bought by
Kurmi Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,109,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 11, 2017
Sold by
Tontini Nevio E and Kerr Eleanor Veitch
Bought by
Tontini Nevio E and Kerr Margaret Eleanor Veitch
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cakar Investment Llc | $3,520,000 | Lawyers Title Company | |
| Calpac Mortgage Fund Llc | $2,000,000 | First American Title | |
| Kurmi Llc | -- | First American Title Co | |
| Kurmi Llc | $950,000 | Chicago Title Co | |
| Tontini Nevio E | -- | Ticor Title | |
| Brooks Robert Scott | $1,050,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Cakar Investment Llc | $2,800,000 | |
| Previous Owner | Calpac Mortgage Fund Llc | $2,250,000 | |
| Previous Owner | Kurmi Llc | $2,000,000 | |
| Previous Owner | Kurmi Llc | $2,109,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $3,520,000 | +45.8% | $1,106 / Sq Ft | |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- | |
| 03/19/2024 03/19/24 | Price Changed | $2,414,000 | +0.1% | $758 / Sq Ft | |
| 02/21/2024 02/21/24 | Price Changed | $2,412,000 | 0.0% | $758 / Sq Ft | |
| 02/08/2024 02/08/24 | Price Changed | $2,411,000 | +4.8% | $757 / Sq Ft | |
| 01/29/2024 01/29/24 | Price Changed | $2,300,000 | -17.9% | $722 / Sq Ft | |
| 12/22/2023 12/22/23 | Price Changed | $2,799,900 | -8.5% | $879 / Sq Ft | |
| 05/24/2023 05/24/23 | Price Changed | $3,060,000 | +12.7% | $961 / Sq Ft | |
| 03/05/2023 03/05/23 | Price Changed | $2,715,000 | +0.6% | $853 / Sq Ft | |
| 02/11/2023 02/11/23 | For Sale | $2,699,000 | +157.0% | $848 / Sq Ft | |
| 03/17/2017 03/17/17 | Sold | $1,050,000 | -18.3% | -- | View Prior Sale |
| 01/02/2017 01/02/17 | Pending | -- | -- | -- | |
| 04/19/2016 04/19/16 | For Sale | $1,285,000 | -- | -- |
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 | $24,050 | $4,053,208 | $3,505,502 | $547,706 |
| 2024 | $24,050 | $2,270,525 | $2,187,291 | $83,234 |
| 2023 | $23,813 | $2,227,637 | $2,144,403 | $83,234 |
| 2022 | $23,322 | $2,185,590 | $2,102,356 | $83,234 |
| 2021 | $21,984 | $2,061,134 | $2,061,134 | $0 |
| 2020 | $21,691 | $2,040,000 | $2,040,000 | $0 |
| 2019 | $10,652 | $952,645 | $952,645 | $0 |
| 2018 | $10,430 | $933,966 | $933,966 | $0 |
| 2017 | $2,113 | $119,348 | $119,348 | $0 |
| 2016 | $2,055 | $117,008 | $117,008 | $0 |
| 2015 | $2,003 | $115,251 | $115,251 | $0 |
| 2014 | $1,952 | $112,994 | $112,994 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Toyama
-
Clarence Yoshikane
Seller Co-Listing Agent in 2024
Clarence Yoshikane
Berkshire Hathaway HomeService
(714) 606-5765
1 in this area
88 Total Sales
-
Sam Kilic
Buyer's Agent in 2024
Sam Kilic
Flagstone Real Estate
(714) 866-8183
1 in this area
59 Total Sales
-
Tim Robertson
Seller's Agent in 2017
Tim Robertson
Compass
(949) 322-7779
21 Total Sales
-
Debi Larsen
Buyer's Agent in 2017
Debi Larsen
RE/MAX
(949) 697-9747
10 Total Sales
-
D
Buyer's Agent in 2017
Deborah Larson
Keller Williams Benchmark Prop
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23024259
APN: 656-142-27
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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