NOT LISTED FOR SALE

650 Diamond St Laguna Beach, CA 92651

Estimated Value: $7,350,000 - $9,561,471

3 Beds
6 Baths
4,729 Sq Ft
$1,797/Sq Ft Est. Value

Last Sold June 03, 2014

Last sale price $5,675,000 $1,200 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $50,342/month

256 Days on Market

Highlights

  • White Water Ocean Views
  • Filtered Pool
  • Fireplace in Primary Bedroom
  • Top Of The World Elementary School Rated A
  • Primary Bedroom Suite
  • Cathedral Ceiling

About This Home

As of June 2014

VILLA DIAMANTE, designed by iconic Laguna Beach architectural designer John ONeill and completed in 2007, makes an awe inspiring statement in architecture that mirrors the beauty of Tuscany. Situated on a site of almost one-half acre of landscaped grounds, the home has more than 4,700 square feet of living space and approximately 900 square feet of decking. The especially dramatic ocean and the north coast views are to be savored from every room in the home. Enhancing the natural beauty of this estate is a 50 ft. saltwater pool and an adjoining pool house with bath. The interior of the home makes its own statement in perfection and features a private elevator, solid mahogany exterior doors with limestone thresholds, solid walnut interior doors, hand-planed oak flooring, and five wood-burning fireplaces. The impressive gourmet kitchen includes a Wolff range, Carrara and zinc countertops, steam oven and built-in refrigerator. The luxurious master suite features a dramatic limestone fireplace, two separate baths each with heated flooring, walk-in closets and extensive built-in cabinetry. Virtually all of the exquisite furnishings are available for purchase giving the buyer the rare opportunity to immediately enjoy this truly turn-key estate home.

Last Agent to Sell the Property

Michael Gosselin

Surterre Properties License #00630696 Listed on: 10/17/2013

Surterre Properties

Co-Listed By

Victoria Strombom

Surterre Properties License #00886773

Last Buyer's Agent

Robert Giem

Plus Real Estate License #01082750

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,266

Year Built

  • Built in 1997

Lot Details

  • 0.46 Acre Lot
  • Wrought Iron Fence

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Clay Roof
  • Copper Plumbing

Interior Spaces

  • 4,729 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Formal Entry
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • Home Office
  • Library
  • Workshop
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Living Room Balcony
  • Fireplace in Patio
  • Outdoor Fireplace
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 64425303

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,266

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64425303
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4729.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Elevator, Copper Plumbing Full, High Ceilings, Living Room Balcony, Living Room Deck Attached, Stone Counters, Vacuum Central
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Dining Room, Gas Starter, Living Room, Master Bedroom, Outside, Patio, Wood Burning
  • Levels: Three Or More
  • Price Per Square Foot: 1200.04
  • Room Type: Formal Entry, Library, Master Suite, Office, Workshop
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Features: Filtered, Gunite, Heated, In Ground, Private, Salt Water
  • Pool Private: Yes
  • Roof: Clay

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Range Hood, Microwave, Refrigerator, Water Purifier, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20038.00
  • Lot Size Acres: 0.4600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20038.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 7R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
May 30, 2014
Sold by
Davis Craig S and Davis Lecia A
Bought by
Moers Michael and Brownstone Realty Trust
Seller's Agent
Michael Gosselin
Surterre Properties
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$6,200,000
Sold Price
$5,675,000
Premium/Discount to List
-$525,000
-8.47%
Current Estimated Value
$8,499,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,824,157
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Jan 28, 2003
Sold by
Ohara Walter Harold and Ohara Jacqueline
Bought by
Davis Craig S and Davis Lecia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1993
Sold by
Ohara Walter H
Bought by
Ohara Walter Harold and Ohara Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.34%
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
Moers Michael $5,675,000 Old Republic Title Company
Davis Craig S $1,870,000 Chicago Title Co
Ohara Walter Harold -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Craig S $1,100,000
Previous Owner Ohara Walter Harold $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2014 06/03/14 Sold $5,675,000 -5.2% $1,200 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/06/2014 04/06/14 Price Changed $5,985,000 -3.5% $1,266 / Sq Ft
10/17/2013 10/17/13 For Sale $6,200,000 +9.3% $1,311 / Sq Ft
09/02/2013 09/02/13 Off Market $5,675,000 -- --
08/23/2013 08/23/13 For Sale $6,200,000 -- $1,311 / 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 $70,266 $6,956,770 $5,716,932 $1,239,838
2024 $70,266 $6,820,363 $5,604,835 $1,215,528
2023 $68,953 $6,686,631 $5,494,936 $1,191,695
2022 $67,599 $6,555,521 $5,387,192 $1,168,329
2021 $66,245 $6,426,982 $5,281,561 $1,145,421
2020 $65,496 $6,361,082 $5,227,405 $1,133,677
2019 $64,348 $6,236,355 $5,124,906 $1,111,449
2018 $63,084 $6,114,074 $5,024,418 $1,089,656
2017 $61,828 $5,994,191 $4,925,900 $1,068,291
2016 $60,648 $5,876,658 $4,829,313 $1,047,345
2015 $59,730 $5,788,386 $4,756,773 $1,031,613
2014 $30,032 $2,877,613 $1,813,365 $1,064,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13171263

California Regional Multiple Listing Service (CRMLS)

APN: 644-253-03