NOT LISTED FOR SALE

Estimated Value: $5,024,000 - $8,456,498

5 Beds
5 Baths
6,022 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $2,600,000 $432 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $46,992/month

36 Days on Market

Highlights

  • Coastline Views
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Top Of The World Elementary School Rated A
  • 21,600 Sq Ft lot
  • Cathedral Ceiling

About This Home

As of August 2016

Luxury Auction! Bidding from $2,000,000! PANORAMIC OCEAN, WHITE WATER, COASTLINE AND CANYON VIEWS!!! Nestled on a cul-de-sac with 1/2 acre lot, this incredible Laguna Beach custom retreat features over 6,000 square feet of living space. This 5 bedroom, 5 bathroom contemporary home is distinguished by its architectural lines and use of glass, maximizing the incredible ocean views and spectacular sunsets. While this house is designed for entertainment, it is the perfect compilation of living space, work space and family space. Features include formal entry, open kitchen, seamless living/dining areas, tremendous family room, impressive mater suite, home gym and more. There is also an 1100 square foot multi-purpose office/recording studio, maids quarters or 10,000 bottle of wine cellar. Over-sized windows and nearly 2,500 square feet of deck space maximize indoor/outdoor living for an entertainer's paradise. This home overlooks the Montage, Treasure Island, Victoria Coastline and Dana headlands! Close to fine dining, shops and the luxurious Montage Resort! Laguna Beach is famous for nightlife for the adults and a great school system for the children.

Last Agent to Sell the Property

Justin Green

Harcourts Prime Properties License #01924005 Listed on: 06/08/2016

Harcourts Prime Properties

Co-Listed By

Chadrick Widtfeldt

Harcourts Prime Properties License #01702292

Last Buyer's Agent

Irene Olsen

Keller Williams Realty License #01938608

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,662

Year Built

  • Built in 1991

Lot Details

  • 0.5 Acre Lot

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,022 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Stained Glass
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Home Gym
  • Coastline Views
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 26
  • Assessor Parcel Number 65613818

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,662

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: 949.257.7965
  • Property Attached: No
  • Subdivision Name Other: Alta Vista (AV)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 65613818
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6022.00
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 431.75
  • Room Type: Bonus Room, Dressing Area, Entry, Family Room, Formal Entry, Great Room, Exercise Room, Master Suite, Walk-In Pantry, Walk-In Closet
  • Window Features: Stained Glass, Skylight(s)
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Coastline, Water
  • Patio And Porch Features: Wrap Around
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 21600.00
  • Price Per Lot Square Foot: 120.37

Multi Family

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

Tax Info

  • Tax Lot: 38
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 4, 2016
Sold by
Falik Kenneth and Falik Christina
Bought by
Elite Capital Holdings Llc
Seller's Agent
Justin Green
Harcourts Prime Properties
Buyer's Agent
Irene Olsen
Keller Williams Realty
List Price
$2,000,000
Sold Price
$2,600,000
Premium/Discount to List
$600,000
30%
Current Estimated Value
$7,972,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,372,063
Avg. Annual Appreciation
11.51%

Purchase Details

Closed on
May 9, 1995
Sold by
Falik Kenneth and Falik Christina
Bought by
Falik Christina and Falik Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,500
Interest Rate
8.47%
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
Elite Capital Holdings Llc $2,600,000 Chicago Title Company
Falik Christina -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falik Kenneth $1,120,000
Previous Owner Falik Kenneth $980,000
Previous Owner Falik Kenneth $890,000
Previous Owner Falik Kenneth $890,000
Previous Owner Falik Kenneth $890,000
Previous Owner Falik Christina $695,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $2,600,000 +30.0% $432 / Sq Ft
07/08/2016 07/08/16 Price Changed $2,000,000 +900.0% $332 / Sq Ft
07/08/2016 07/08/16 Price Changed $200,000 -90.0% $33 / Sq Ft
06/08/2016 06/08/16 For Sale $2,000,000 -23.1% $332 / Sq Ft
05/25/2016 05/25/16 Off Market $2,600,000 -- --
05/25/2016 05/25/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $2,000,000 -- $332 / 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 $42,662 $4,183,384 $2,027,712 $2,155,672
2024 $42,662 $4,102,781 $1,987,953 $2,114,828
2023 $41,261 $3,951,135 $1,948,974 $2,002,161
2022 $40,426 $3,873,662 $1,910,759 $1,962,903
2021 $39,593 $3,797,708 $1,873,293 $1,924,415
2020 $30,417 $2,913,931 $1,854,085 $1,059,846
2019 $22,729 $2,153,536 $1,817,731 $335,805
2018 $27,897 $2,652,000 $1,782,090 $869,910
2017 $27,331 $2,600,000 $1,747,147 $852,853
2016 $11,347 $1,036,994 $265,163 $771,831
2015 $11,156 $1,021,418 $261,180 $760,238
2014 $10,930 $1,001,410 $256,064 $745,346
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16081810

California Regional Multiple Listing Service (CRMLS)

APN: 656-138-18