NOT LISTED FOR SALE

5508 Paseo Del Lago W Unit B Laguna Woods, CA 92637

Estimated Value: $614,000 - $1,124,000

2 Beds
2 Baths
1,600 Sq Ft
1977 Built

Last Sold December 06, 2019

Last sale price $600,000 $375 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,251/month

65 Days on Market

Highlights

  • Boathouse
  • Community Stables
  • Guarded Parking
  • Golf Course Community
  • Fitness Center
  • Gated with Attendant

About This Home

As of December 2019

Enjoy your life in Lovely "Camp" Laguna Woods. Only minutes from Laguna Beach. This Highly Desirable Casa Rosa home with a VIEW boasts Dual Master Suites located in a Serene neighborhood in Laguna Woods. Additional 200 Sq.Ft. of Family Room/Bonus Room/Den has been added to make this home approx. 1600 sq. ft. The ATTACHED GARAGE allows for easy entry. The lovely large gated courtyard welcomes you or your guests. The rear covered PATIO is tiled and open-aired to enjoy the LOVELY VIEWS. The home is sold with all kitchen Appliances and washer and dryer. There is an added Skylight in the Living Room, a solar tube light in the family room, and Central Air Conditioning to help our climate change. New neutral carpet just installed. Move-In and Enjoy The Resort Style Living in the 55+ Community with Manned Security Gates, Bus Service, Basic Cable, Use of All 8 ClubHouses, 5 Pools, Tennis Courts, 36 holes of golf, 3 fitness centers, Bridge, Pickleball, Bocce Ball, sports courts, more than 250 Social Clubs, Live Enterntainment at our own Center for Performing Arts, and More.

Last Agent to Sell the Property

Gail Shapiro

Laguna Premier Realty Inc. License #01406673 Listed on: 09/08/2019

Last Buyer's Agent

Jennifer Hwang

Presidential Incorporated License #00860455

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Sprinklers on Timer
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Guarded Parking

Property Views

  • Woods
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Custom Home
  • Contemporary Architecture
  • Bungalow
  • Patio Home
  • Entry on the 1st floor
  • Turnkey
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Double Pane Windows
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Formal Dining Room
  • Home Office
  • Storage

Kitchen

  • Eat-In Country Kitchen
  • Kitchenette
  • Updated Kitchen
  • Electric Oven
  • Self-Cleaning Oven
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Corian Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Retreat
  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 2 Full Bathrooms
  • Corian Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Accessible Home Design

  • No Interior Steps

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Diving Board

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Water Heater
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5508
  • Assessor Parcel Number 93509095

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • 3 Units
  • Third Mutual Association, Phone Number (949) 597-4600
  • Vms HOA
  • Casa Rosa
  • Maintained Community
  • RV Parking in Community

Amenities

  • Picnic Area
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Card Room
  • Recreation Room
  • Community Storage Space

Recreation

  • Boathouse
  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Racquetball
  • Bocce Ball Court
  • Ping Pong Table
  • Fitness Center
  • Community Pool
  • Community Spa
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Jogging Track
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,630

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: fully furnished for vacation rental
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Leisure World (LW)
  • View: Yes
  • Architectural Style: Bungalow, Contemporary, Custom Built, Ranch
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 93509095
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1600.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Corian Counters, Open Floorplan, Storage, Unfurnished, Wet Bar
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Family Kitchen, In Family Room, In Kitchen, Separated, Country Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 375.00
  • Room Type: All Bedrooms Down, Den, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Separate Family Room, Two Masters
  • Spa Features: Association, Community, In Ground
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Corian Counters, Walk-In Shower
  • Room Kitchen Features: Corian Counters, Kitchenette, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Neighborhood, Park/Greenbelt, Trees/Woods
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association, Community, Diving Board, Filtered, Heated, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Direct Garage Access, Concrete, Garage, Garage Faces Front, Gated, Guarded, Guest
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Self Cleaning Oven, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Boathouse, Golf Course, Tennis Court(s), Paddle Tennis, Racquetball, Bocce Ball Court, Sport Court, Biking Trails, Hiking Trails, Horse Trails, Jogging Track, Gym/Ex Room, Clubhouse, Billiard Room, Card Room, Banquet Facilities, Recreation Room, Meeting Room, Storage, Common RV Parking, Cable TV, Electricity, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Management, Guard, Security, Controlled Access
  • Association Fee Frequency: Monthly
  • Association Name: Third Mutual
  • Phone: 949-597-4600
  • Senior Community: Yes
  • Community Features: Horse Trails, Stable(s)
  • Association Management: VMS

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lawn, Patio Home, Ranch, Sprinklers Timer

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 5508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2023
Sold by
Chung Fuzon and Chung Judy L
Bought by
Chung Family Trust
Current Estimated Value
$889,680

Purchase Details

Listed on
Sep 8, 2019
Closed on
Nov 13, 2019
Sold by
Kakis Paul
Bought by
Chung Fuz On and Chung Judy L
Seller's Agent
Gail Shapiro
Laguna Premier Realty Inc.
Buyer's Agent
Jennifer Hwang
Presidential Incorporated
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Dec 19, 2005
Sold by
Feinberg Sylvia and Bender Gary N
Bought by
Kakis Frederic J and Kakis Mathilda

Purchase Details

Closed on
May 2, 2002
Sold by
Nelson Susan B
Bought by
Feinberg Sylvia and Sylvia Feinberg Revocable Trust

Purchase Details

Closed on
Jun 25, 1996
Sold by
Bennett Frances M
Bought by
Bennett Frances M and The Frances M Bennett Survivors Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chung Family Trust -- None Listed On Document
Chung Fuz On $600,000 North American Title Company
Kakis Frederic J $480,000 Multiple
Feinberg Sylvia $345,000 Commonwealth Title
Bennett Frances M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $600,000 -6.0% $375 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $638,000 -1.7% $399 / Sq Ft
09/08/2019 09/08/19 For Sale $649,000 0.0% $406 / Sq Ft
09/25/2017 09/25/17 Rented $2,500 0.0% --
04/27/2017 04/27/17 For Rent $2,500 0.0% --
12/01/2016 12/01/16 Rented $2,500 0.0% --
06/01/2016 06/01/16 For Rent $2,500 0.0% --
05/14/2016 05/14/16 Off Market $2,500 -- --
05/09/2016 05/09/16 For Rent $2,200 0.0% --
09/01/2013 09/01/13 Rented $2,200 -8.3% --
08/25/2013 08/25/13 Under Contract -- -- --
06/24/2013 06/24/13 For Rent $2,400 -- --
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 $6,630 $656,186 $514,749 $141,437
2024 $6,630 $643,320 $504,656 $138,664
2023 $6,473 $630,706 $494,760 $135,946
2022 $6,358 $618,340 $485,059 $133,281
2021 $6,232 $606,216 $475,548 $130,668
2020 $6,177 $600,000 $470,671 $129,329
2019 $5,733 $557,000 $421,490 $135,510
2018 $5,391 $523,260 $387,750 $135,510
2017 $5,389 $523,260 $387,750 $135,510
2016 $5,301 $513,000 $380,147 $132,853
2015 $4,776 $460,689 $327,836 $132,853
2014 $4,766 $460,689 $327,836 $132,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19215485

California Regional Multiple Listing Service (CRMLS)

APN: 935-090-95