NOT LISTED FOR SALE

Estimated Value: $4,778,000 - $5,978,000

4 Beds
4 Baths
3,030 Sq Ft
$1,775/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $3,295,000 $1,087 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $31,673/month

Highlights

  • Ocean View
  • Spa
  • Furnished
  • Top Of The World Elementary School Rated A
  • Main Floor Bedroom
  • No HOA

About This Home

As of January 2019

Located a few short blocks from and countless Village restaurants and shops lies 550 Brooks Street. Peaked ceilings, an abundance of glass doors allow for ocean breezes . A large wrap around deck offers great views of the ocean and Catalina Island. A spa in built-into the deck in the backyard. The home features 2 ensuite bedrooms on the first level, and two bedrooms on the second level convenient to the living, dining, and gourmet kitchen with premium appliances, granite counter tops. Additional highlights include tons of built-ins, a 3-zone A/C and heating system, 4 recently renovated bathrooms, a 2-car garage, and a spacious gated driveway.

Last Agent to Rent the Property

Michael Johnson

Compass License #01429647 Listed on: 11/09/2018

Compass

Last Renter's Agent

Nicholas Hooper

Compass License #01962012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,591

Year Built

  • Built in 1978

Lot Details

  • 4,157 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 3,030 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Awning
  • Living Room with Fireplace
  • Ocean Views
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Spa
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $16,800
  • Rent includes gardener, pool, water
  • Available 11/6/18
  • Tax Lot 5
  • Tax Tract Number 99
  • Assessor Parcel Number 64419137

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,591

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Cashiers Check: Pet Deposit
  • Available Date: 2018-11-06
  • Credit Check Paid By: Tenant
  • Deposit Pets: 800
  • Deposit Security: 16800
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 64419137
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3030.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.71
  • Room Type: Main Floor Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Private

Exterior Features

  • Exterior Features: Awning(s)
  • View: Ocean
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4157.00
  • Lot Size Acres: 0.0954

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Negotiable
  • Lot Size Area: 4157.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool, Water

Tax Info

  • Tax Census Tract: 626.19
  • Tax Lot: 5
  • Tax Tract Number: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 28, 2018
Sold by
Arzente George M and Arzente Carla D
Bought by
93 Coronet Llc
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Michael Johnson
Compass
List Price
$3,295,000
Sold Price
$3,295,000
Current Estimated Value
$5,377,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,082,899
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Arzente George M and Arzente Carla D
Bought by
Arzente George M and Arzente Carla D

Purchase Details

Closed on
Jan 27, 2008
Sold by
Hills Howard L and Hills Lura Alokoa
Bought by
Arzente George M and Tesak Carla D

Purchase Details

Closed on
Jun 22, 2005
Sold by
Hills Howard and Hills Lura
Bought by
Hills Howard L and Hills Lura Alokoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,176,500
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 1999
Sold by
Duke Panosian Daniel and Duke Gail Stormy
Bought by
Hills Howard and Hills Lura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
7.72%

Purchase Details

Closed on
Dec 18, 1994
Sold by
Daniel Panosian
Bought by
Panosian Daniel Duke and Panosian Stormy Gail

Purchase Details

Closed on
Apr 8, 1994
Sold by
Pisacane Ferdinand Frederick and Pisacane Kirstin Marie
Bought by
Panosian Daniel Duke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.87%
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
93 Coronet Llc $3,295,000 Lawyers Title
Arzente George M -- None Available
Arzente George M -- None Available
Arzente George M $2,350,000 Chicago Title Co Irvine
Hills Howard L -- --
Hills Howard $660,000 Chicago Title Co
Panosian Daniel Duke -- --
Panosian Daniel Duke $473,500 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hills Howard L $455,700
Previous Owner Hills Howard L $266,000
Previous Owner Hills Howard $1,176,500
Previous Owner Hills Howard $150,000
Previous Owner Hills Howard $800,000
Previous Owner Hills Howard $250,000
Previous Owner Hills Howard $470,000
Previous Owner Hills Howard $180,000
Previous Owner Hills Howard $470,000
Previous Owner Hills Howard $180,000
Previous Owner Hills Howard $600,000
Previous Owner Hills Howard $100,000
Previous Owner Hills Howard $528,000
Previous Owner Panosian Dan $201,500
Previous Owner Panosian Daniel Duke $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2019 01/18/19 Rented $8,200 -2.4% --
01/18/2019 01/18/19 Under Contract -- -- --
11/09/2018 11/09/18 For Rent $8,400 0.0% --
10/23/2018 10/23/18 Sold $3,295,000 0.0% $1,119 / Sq Ft
05/21/2018 05/21/18 For Sale $3,295,000 -- $1,119 / 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 $37,591 $3,675,633 $3,389,720 $285,913
2024 $37,591 $3,603,562 $3,323,255 $280,307
2023 $37,027 $3,532,904 $3,258,093 $274,811
2022 $36,271 $3,463,632 $3,194,209 $269,423
2021 $35,518 $3,395,718 $3,131,577 $264,141
2020 $35,086 $3,360,900 $3,099,467 $261,433
2019 $34,460 $3,295,000 $3,038,693 $256,307
2018 $28,585 $2,719,669 $2,397,194 $322,475
2017 $25,176 $2,388,000 $2,108,260 $279,740
2016 $25,161 $2,388,000 $2,108,260 $279,740
2015 $25,132 $2,388,000 $2,108,260 $279,740
2014 $23,612 $2,240,000 $1,960,260 $279,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG18266670

California Regional Multiple Listing Service (CRMLS)

APN: 644-191-37