NOT LISTED FOR SALE

Estimated Value: $4,139,000 - $4,853,000

4 Beds
3 Baths
2,630 Sq Ft
$1,667/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $2,660,000 $1,011 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $25,899/month

53 Days on Market

Highlights

  • White Water Ocean Views
  • Above Ground Spa
  • Custom Home
  • El Morro Elementary School Rated A+
  • Primary Bedroom Suite
  • Updated Kitchen

About This Home

As of June 2017

Prepare to be mesmerized by the captivating views of the coastline, Catalina Island and downtown Laguna spread out like a fan-shaped painting in front of you. Well-designed to capture views from all major rooms, this light-filled home has a versatile floor plan. With a total of four bedrooms on two levels, each level offers a possible master suite and guest bedroom. Three updated bathrooms, large great room style living area, formal dining room, separate office and a well-appointed kitchen make for a very comfortable residence. An added bonus room with sink and shelving that could be an art studio or workshop is accessed from the covered wood deck. High ceilings, two fireplaces, walk-in closets, many built-in storage areas, two car garage with shelves and warm oak wood floors are but a few of its lovely features. There is a separate private spa room for relaxing and watching the changing sun. On a single loaded street, the over-sized lot runs street to street and provides potential to expand the home, add a pool or terrace the back yard for more gardens. All of the city's amenities like beaches, art festivals, shops and restaurants are within close distance.

Last Agent to Sell the Property

Gayle Waite

Turning Point Properties License #01042946 Listed on: 04/10/2017

Last Buyer's Agent

Shauna Covington

Berkshire Hathaway HomeServices California Properties License #00991380

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,615

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 8,096 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Gentle Sloping Lot
  • On-Hand Building Permits

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Property Views

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

Home Design

  • Custom Home
  • Additions or Alterations
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,630 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Storage
  • Laundry Room
  • Utility Room

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Pool

  • Above Ground Spa
  • Permits For Spa

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Location

  • Suburban Location

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • 220 Volts For Spa
  • 220 Volts in Workshop
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 3036
  • Assessor Parcel Number 64129207

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,615

Year Built

Built in 1958 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Above ground spa
  • Other Phone Description: 9498873247
  • Other Phone Number: 9498873247
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations, Building Permit, Termite Clearance, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64129207
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2630.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 1011.41
  • Room Type: Bonus Room, Entry, Kitchen, Laundry, Living Room, Master Bedroom, Master Suite, Office, Two Masters, Utility Room, Walk-In Closet, Workshop
  • Spa Features: Above Ground, Permits, Private
  • Window Features: Blinds, Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Remodeled, Stone Counters, Tile Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Pots & Pan Drawers, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Combination, Pillar/Post/Pier
  • Exterior Features: Rain Gutters
  • View: Catalina, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered, Deck, Patio, Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop, Shingle
  • Spa: Yes
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Microwave
  • Electric: 220 Volts For Spa, 220 Volts in Workshop
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Landscaped, Lot 6500-9999
  • Lot Size Sq Ft: 8096.00

Multi Family

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

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 22
  • Tax Tract Number: 3036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Jun 7, 2017
Sold by
Soursby Michael R and Soursby Linda Marie
Bought by
Polini Michael C and Polini Michelle K
Seller's Agent
Gayle Waite
Turning Point Properties
Buyer's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
List Price
$2,945,000
Sold Price
$2,660,000
Premium/Discount to List
-$285,000
-9.68%
Total Days on Market
53
Current Estimated Value
$4,383,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,723,767
Avg. Annual Appreciation
6.68%
Original Mortgage
$2,120,000
Outstanding Balance
$1,789,028
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,649,976

Purchase Details

Closed on
Nov 30, 2010
Sold by
Soursby Michael R and Soursby Linda M
Bought by
Soursby Michael R and Soursby Linda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2002
Sold by
Soursby Michael R and Soursby Linda M
Bought by
Soursby Michael R and Soursby Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.17%

Purchase Details

Closed on
Sep 11, 1995
Sold by
Soursby Michael R and Soursby Linda M
Bought by
Soursby Michael R and Soursby Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,200
Interest Rate
7.88%

Purchase Details

Closed on
Aug 3, 1995
Sold by
Phillips Dennis S
Bought by
Soursby Michael R and Soursby Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,200
Interest Rate
7.88%

Purchase Details

Closed on
Feb 22, 1994
Sold by
Soursby Michael R and Soursby Linda M
Bought by
Soursby Michael R and Soursby Linda M
Source: Public Records

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Range of Values:

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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
Polini Michael C $2,650,000 Lawyers Title
Soursby Michael R -- Fidelity National Title
Soursby Michael R -- Old Republic Title Company
Soursby Michael R -- Chicago Title Co
Soursby Michael R -- Chicago Title Co
Soursby Michael R -- Chicago Title Co
Soursby Michael R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polini Michael C $2,120,000
Previous Owner Soursby Michael R $350,000
Previous Owner Soursby Michael R $406,000
Previous Owner Soursby Michael R $435,000
Previous Owner Soursby Michael R $475,000
Previous Owner Soursby Michael R $497,250
Previous Owner Soursby Michael R $497,250
Previous Owner Soursby Michael R $348,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $2,660,000 -9.7% $1,011 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $2,945,000 -- $1,120 / 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
2024 $31,615 $3,015,246 $2,771,537 $243,709
2023 $31,188 $2,956,124 $2,717,193 $238,931
2022 $30,542 $2,898,161 $2,663,914 $234,247
2021 $29,898 $2,841,335 $2,611,681 $229,654
2020 $29,524 $2,812,201 $2,584,901 $227,300
2019 $28,993 $2,757,060 $2,534,216 $222,844
2018 $28,415 $2,703,000 $2,484,525 $218,475
2017 $7,513 $657,139 $452,434 $204,705
2016 $7,352 $644,254 $443,562 $200,692
2015 $7,220 $634,577 $436,899 $197,678
2014 $7,069 $622,147 $428,341 $193,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17075433

California Regional Multiple Listing Service (CRMLS)

APN: 641-292-07