NOT LISTED FOR SALE

Estimated Value: $3,919,000 - $4,892,000

3 Beds
3.5 Baths
2,114 Sq Ft
$2,145/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $4,086,880 $1,933 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $28,436/month

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • No HOA
  • El Morro Elementary School Rated A+
  • Main Floor Bedroom
  • 2 Car Attached Garage

About This Home

As of January 2023

Open House: January 18th, 11 am to 1 pm and January 21st, 12 pm to 4 pm. Amazing lease rental in Laguna Beach. Impressive and magnificent ocean views can be seen from every room of this wonderful 3 bedroom/3.5 bath hillside home on Mystic Way. There are three decks for each level that provide ocean views along the coast of Laguna Beach and to Catalina Island. The large lower patio has a built in bar/island and grill that is great for entertaining. Close distance to shops, restaurants and Laguna Public Beach. Don't miss out before it is too late. See you soon!

Last Agent to Rent the Property

Khanh Oberley

Douglas Elliman of CA, Inc. License #02111602 Listed on: 01/11/2023

Douglas Elliman of CA, Inc.

Last Renter's Agent

Marianne Amerine

Pacific Sotheby's Int'l Realty License #00824437

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,331

Year Built

  • Built in 1963

Lot Details

  • 6,600 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina
  • Panoramic

Interior Spaces

  • 2,114 Sq Ft Home
  • Decorative Fireplace
  • Family Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Laguna Beach High School

Additional Features

  • More Than Two Accessible Exits
  • Heating Available

Listing and Financial Details

  • Security Deposit $15,000
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 1/16/23
  • Tax Lot 1
  • Tax Tract Number 3036
  • Assessor Parcel Number 64129118

Community Details

Overview

  • No Home Owners Association
  • Mystic Hills Subdivision

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,331

Year Built

Built in 1963

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent
  • Available Date: 2023-01-16
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 15000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 64129118
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2114.00 Square Feet
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Decorative
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 6.15
  • Room Type: Family Room, Main Floor Bedroom, Master Suite

Exterior Features

  • View: Catalina, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Laguna Beach Unified
  • High School: Laguna Beach
  • High School: Laguna Beach
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6600.00
  • Lot Size Acres: 0.1515

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6600.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 3036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 15, 2022
Sold by
Connie Burlin Living Trust
Bought by
Wang Spencer J
Seller's Agent
Victoria Strombom
Surterre Properties
Buyer's Agent
Khanh Oberley
Douglas Elliman of CA, Inc.
List Price
$4,249,000
Sold Price
$4,086,880
Premium/Discount to List
-$162,120
-3.82%
Views
1
Current Estimated Value
$4,534,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,262
Avg. Annual Appreciation
1.65%
Original Mortgage
$2,000,000
Outstanding Balance
$1,928,758
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$2,360,596

Purchase Details

Closed on
Oct 20, 2015
Sold by
Burlin Connie
Bought by
Burlin Connie and Connie Burlin Living Trust

Purchase Details

Closed on
Jul 16, 1998
Sold by
Wagner Helmut G
Bought by
Finley Warren and John Harry G

Purchase Details

Closed on
Feb 14, 1994
Sold by
Soo Yoon Jung
Bought by
Jung Hee Byong

Purchase Details

Closed on
Dec 21, 1993
Sold by
Min Byong Ki
Bought by
Jung Hee Byong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.1%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Jung Hee Byong
Bought by
Burlin Connie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7.1%
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
Wang Spencer J $4,087,000 Ticor Title
Burlin Connie -- None Available
Finley Warren -- --
Jung Hee Byong -- Guardian Title Company
Jung Hee Byong -- Guardian Title Company
Burlin Connie Lynn $460,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Spencer J $2,000,000
Previous Owner Burlin Connie Lynn $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Rented $130,000 +766.7% --
01/11/2023 01/11/23 For Rent $15,000 0.0% --
08/26/2022 08/26/22 Sold $4,086,880 -3.8% $1,933 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $4,249,000 -- $2,010 / 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 $43,331 $4,251,989 $4,068,013 $183,976
2024 $43,331 $4,168,617 $3,988,248 $180,369
2023 $42,635 $4,086,880 $3,910,047 $176,833
2022 $9,032 $782,219 $594,821 $187,398
2021 $8,799 $766,882 $583,158 $183,724
2020 $8,642 $759,019 $577,178 $181,841
2019 $8,468 $744,137 $565,861 $178,276
2018 $8,287 $729,547 $554,766 $174,781
2017 $8,456 $715,243 $543,889 $171,354
2016 $8,615 $701,219 $533,224 $167,995
2015 $8,468 $690,687 $525,215 $165,472
2014 $8,307 $677,158 $514,927 $162,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF23005565

California Regional Multiple Listing Service (CRMLS)

APN: 641-291-18