Seller's Agent in 2013
Tim Smith
Coldwell Banker Realty
(949) 717-4711
3 in this area
711 Total Sales
586 Mystic Way Laguna Beach, CA 92651
Mystic Hills NeighborhoodEstimated Value: $5,835,000 - $8,103,130
5
Beds
4.5
Baths
5,185
Sq Ft
$1,381/Sq Ft
Est. Value
Highlights
- White Water Ocean Views
- Wine Cellar
- Spa
- El Morro Elementary School Rated A+
- Home Theater
- Sauna
About This Home
As of May 2013Located on a prime lot in Mystic Hills in Laguna Beach, this private custom estate boasting spectacular unobstructed ocean and city lights views emulates southern California living at its finest. Just a 10-minute stroll to Main Beach and the spectacular shops, art galleries and restaurants in downtown, this home is perfectly located to avoid beachgoer parking & traffic without having to sacrifice any of the beach-living lifestyle. Offering 5 spacious bedrooms and 5 bathrooms, dramatic architecture, jaw-dropping ocean views, custom theater, elevator, 658-bottle wine cellar, wet bar, maid's quarters, spa, sauna and expansive decks, this home offers a luxurious lifestyle that is perfect for entertaining and enjoying one of the finest cities. Featuring a Crestron automation system, whole-house music & entertainment system, Lutron lighting system, automatic sun shades and top of the line security system, 586 Mystic Way offers the most in top-of-the-line technology. The oversized three-car garage features built-in storage cabinets and Motofloor garage tiles.
Last Agent to Sell the Property
Coldwell Banker Realty License #01346878 Listed on: 02/18/2013
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #00776546
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $60,942
Year Built
- Built in 1999 | Remodeled
Lot Details
- 10,200 Sq Ft Lot
Parking
- 3 Car Direct Access Garage
- Parking Available
- Two Garage Doors
- Garage Door Opener
- Driveway
Property Views
- White Water Ocean
- Catalina
- Panoramic
- City Lights
Home Design
- Turnkey
- Slate Roof
Interior Spaces
- 5,185 Sq Ft Home
- Elevator
- Wet Bar
- Central Vacuum
- Wired For Sound
- Wired For Data
- Recessed Lighting
- Custom Window Coverings
- Entrance Foyer
- Wine Cellar
- Great Room
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Home Theater
- Sauna
- Breakfast Bar
- Stone Flooring
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom Retreat
- Primary Bedroom Suite
- Walk-In Closet
- Maid or Guest Quarters
Home Security
- Home Security System
- Security Lights
- Intercom
Outdoor Features
- Spa
- Ocean Side of Freeway
- Deck
- Patio
Utilities
- Forced Air Zoned Cooling and Heating System
- Water Softener
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 2204
- Assessor Parcel Number 64135103
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 23, 2019
Sold by
Wang Huimin
Bought by
Wang Huimin
Current Estimated Value
Purchase Details
Closed on
Apr 5, 2019
Sold by
Wang Huimin
Bought by
Wang Huimin
Purchase Details
Listed on
Feb 18, 2013
Closed on
Mar 28, 2013
Sold by
Fraser William Bruce
Bought by
Wang Huimin and Myers Nancy E
Seller's Agent
Tim Smith
Coldwell Banker Realty
Buyer's Agent
Mark Christy
Berkshire Hathaway HomeServices California Properties
List Price
$4,699,000
Sold Price
$4,600,000
Premium/Discount to List
-$99,000
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.67%
Purchase Details
Closed on
Nov 23, 1999
Sold by
Paul Columbus
Bought by
Fraser William Bruce and Fraser Jeanette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,002,500
Interest Rate
7.75%
Purchase Details
Closed on
Jul 31, 1998
Sold by
Foy Marvel
Bought by
Columbus Paul Savas
Purchase Details
Closed on
Sep 13, 1996
Sold by
Meredith Lonny Ray and Meredith Robert Charles
Bought by
Foy Marvel
Purchase Details
Closed on
Aug 2, 1994
Sold by
Oconnor William E and Oconnor Marjory A
Bought by
Meredith Robert C
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 |
|---|---|---|---|
| Wang Huimin | -- | None Available | |
| Wang Huimin | $5,500,000 | None Available | |
| Wang Huimin | $4,600,000 | Equity Title Company | |
| Fraser William Bruce | $2,250,000 | Chicago Title Co | |
| Columbus Paul Savas | $890,000 | Chicago Title Insurance Co | |
| Foy Marvel | -- | -- | |
| Meredith Robert C | $725,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fraser William Bruce | $1,966,000 | |
| Previous Owner | Fraser William Bruce | $1,966,000 | |
| Previous Owner | Fraser William Bruce | $1,966,000 | |
| Previous Owner | Fraser William Bruce | $1,966,000 | |
| Previous Owner | Fraser William Bruce | $2,002,500 | |
| Previous Owner | Foy Marvel | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2013 05/16/13 | Sold | $4,600,000 | -2.1% | $887 / Sq Ft |
| 02/18/2013 02/18/13 | For Sale | $4,699,000 | -- | $906 / 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 | $60,942 | $5,953,376 | $4,345,966 | $1,607,410 |
| 2024 | $60,942 | $5,836,644 | $4,260,751 | $1,575,893 |
| 2023 | $59,998 | $5,722,200 | $4,177,206 | $1,544,994 |
| 2022 | $58,770 | $5,610,000 | $4,095,300 | $1,514,700 |
| 2021 | $57,544 | $5,500,000 | $4,015,000 | $1,485,000 |
| 2020 | $56,358 | $5,396,014 | $3,913,877 | $1,482,137 |
| 2019 | $55,347 | $5,290,210 | $3,837,134 | $1,453,076 |
| 2018 | $54,244 | $5,186,481 | $3,761,896 | $1,424,585 |
| 2017 | $53,631 | $5,084,786 | $3,688,134 | $1,396,652 |
| 2016 | $51,026 | $4,785,085 | $3,615,818 | $1,169,267 |
| 2015 | $50,237 | $4,713,209 | $3,561,505 | $1,151,704 |
| 2014 | $49,280 | $4,620,884 | $3,491,740 | $1,129,144 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2013
Mark Christy
Berkshire Hathaway HomeServices California Properties
(949) 499-5900
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP13025789
APN: 641-351-03
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