S
Seller's Agent in 2018
Sherrie Larsen
Compass
581 Diamond St Laguna Beach, CA 92651
Estimated Value: $3,228,435 - $4,703,000
4
Beds
4.5
Baths
2,953
Sq Ft
$1,373/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Guest House
- Fireplace in Primary Bedroom
- El Morro Elementary School Rated A+
- Above Ground Spa
- French Architecture
About This Home
As of September 2018Located in the heart of Woods Cove, renowned Artist Walter Foster, constructed this magnificent French Revival residence in 1940 with additional guest house in 1945. This is a Mills Act historical home that is granted a dramatic reduction in tax basis. Current property tax is $4,745/year. Privately nestled on Diamond Street with expansive Catalina, ocean and white water views from nearly every room. The 3 bedroom, 3.5 bath main house features a large living room with 23 foot ceilings, wood and gas burning fireplace, large windows and French doors. Dining room opens to massive ocean views, French doors and romantic Juliet balcony. Chefs kitchen with stainless steel appliances, walk in pantry, with charming Dutch door leading to exterior stairs down to a private guest room with office and en suite bath. Generous master suite features a fireplace, sitting area, walk in closet, double vanity master bath and dramatic ocean and white water views. Other highlights of the main house include separate family room, main level en suite guest bedroom, plus guest powder and laundry room. Private 1 bedroom/1 bath guest cottage with living room w/gas fireplace, kitchen, bonus room/loft space, surrounded by a large wrap around deck with ocean views from Catalina to Palos Verdes. Whether one chooses to walk up the lushly lined walkways or take the elevator from the street level 2 car garage, an immediate sense of a bygone era of Laguna elegance is realized.
Last Agent to Sell the Property
Sherrie Larsen
Compass License #01897939 Listed on: 03/18/2018
Last Buyer's Agent
Harold Parker
Villa Real Estate License #01368199
Home Details
Home Type
- Single Family
Year Built
- Built in 1940
Lot Details
- 6,332 Sq Ft Lot
- Landscaped
- Sprinkler System
- Property is zoned R1
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Up Slope from Street
- Driveway
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
Home Design
- French Architecture
- Fire Retardant Roof
Interior Spaces
- 2,953 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- French Mullion Window
- French Doors
- Separate Family Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Loft
- Wood Flooring
- Laundry Room
Kitchen
- Walk-In Pantry
- Six Burner Stove
- Free-Standing Range
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Bathtub
- Walk-in Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Above Ground Spa
- Patio
- Exterior Lighting
- Front Porch
Additional Features
- Guest House
- Suburban Location
- Forced Air Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 53
- Tax Tract Number 764
- Assessor Parcel Number 64429217
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2022
Sold by
Newland Tyrone E
Bought by
Tyrone Newland Separate Property Trust
Current Estimated Value
Purchase Details
Listed on
Mar 18, 2018
Closed on
Aug 30, 2018
Sold by
Nolan Daniel B and Nolan Katherine A
Bought by
Newland Tyrone E
Seller's Agent
Sherrie Larsen
Compass
Buyer's Agent
Harold Parker
Villa Real Estate
List Price
$3,580,000
Sold Price
$2,700,000
Premium/Discount to List
-$880,000
-24.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$2,160,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 17, 2008
Sold by
Washington Mutual Bank
Bought by
Nolan Daniel B and Nolan Katherine A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 16, 2007
Sold by
Meyer Jenelle
Bought by
Washington Mutual Bank Fa
Purchase Details
Closed on
Apr 20, 2005
Sold by
Meyer Andy
Bought by
Meyer Jenelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
4.98%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 14, 2005
Sold by
Farthing James E and Farthing Rosalyn M
Bought by
Meyer Jenelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
4.98%
Mortgage Type
Negative Amortization
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tyrone Newland Separate Property Trust | -- | None Listed On Document | |
| Newland Tyrone E | $2,700,000 | Ticor Title Co | |
| Nolan Daniel B | $1,700,500 | Lsi Title | |
| Washington Mutual Bank Fa | $2,144,641 | None Available | |
| Meyer Jenelle | -- | Chicago Title Co | |
| Meyer Jenelle | $2,600,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Newland Tyrone E | $2,160,000 | |
| Previous Owner | Nolan Daniel B | $850,000 | |
| Previous Owner | Meyer Jenelle | $1,950,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2018 09/26/18 | Sold | $2,700,000 | -9.7% | $914 / Sq Ft |
| 08/14/2018 08/14/18 | Pending | -- | -- | -- |
| 07/27/2018 07/27/18 | Price Changed | $2,990,000 | -4.5% | $1,013 / Sq Ft |
| 07/16/2018 07/16/18 | Price Changed | $3,130,000 | -4.4% | $1,060 / Sq Ft |
| 05/21/2018 05/21/18 | Price Changed | $3,275,000 | -3.5% | $1,109 / Sq Ft |
| 04/10/2018 04/10/18 | Price Changed | $3,395,000 | -5.2% | $1,150 / Sq Ft |
| 03/18/2018 03/18/18 | For Sale | $3,580,000 | -- | $1,212 / Sq Ft |
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 | $15,777 | $828,573 | $580,001 | $248,572 |
| 2024 | $15,777 | $762,471 | $533,729 | $228,742 |
| 2023 | $16,685 | $807,853 | $565,497 | $242,356 |
| 2022 | $9,425 | $821,006 | $574,704 | $246,302 |
| 2021 | $8,373 | $724,844 | $507,391 | $217,453 |
| 2020 | $7,286 | $625,299 | $437,710 | $187,589 |
| 2019 | $6,941 | $593,946 | $415,762 | $178,184 |
| 2018 | $5,904 | $495,090 | $346,563 | $148,527 |
| 2017 | $5,727 | $481,458 | $337,021 | $144,437 |
| 2016 | $5,457 | $458,000 | $320,600 | $137,400 |
| 2015 | $6,652 | $578,704 | $527,464 | $51,240 |
| 2014 | $6,599 | $576,016 | $525,014 | $51,002 |
Source: Public Records
Agents Affiliated with this Home
-
-
Bernadette Whelan
Seller Co-Listing Agent in 2018
Bernadette Whelan
Compass
(949) 280-6852
16 Total Sales
-
H
Buyer's Agent in 2018
Harold Parker
Villa Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG18038504
APN: 644-292-17
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