$4,850,000
SOLD SEP 14, 2020
5 Beds
5.5 Baths
4,506 Sq Ft
9,500 Sq Ft Lot

Recently Sold

$1,076 Per Sq Ft

3% Below List Price

30 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • Gated Parking
  • Fireplace in Primary Bedroom

About This Home

As of September 2020

Completely re-built and expanded from the ground up in 2015. So many options! This stunning multi-level estate offers the perfect combination of location, style, views, functionality and livability. Location. Sitting on a 9,500 sf street to street lot in coveted Mystic Hills neighborhood, this house has it all, including a separate guest suite and (2) two-car garages. Perfectly located to maximize views yet still access all that town has to offer. Style. Tastefully designed in a California coastal theme, this home dresses up with elegance to entertain, yet is comfortable enough for just relaxing after a day at the beach. Views. Panoramic views from all of the decks and nearly every room in the house. With expansive views of the ocean, the rolling hills, and city lights, there are spectacular views for any time of day or night. Functionality. A straight-forward floor plan with 5 bedrooms and 5.5. baths, 2 living rooms, interior laundry room, the separate unit and plenty of parking from both streets, there is room and flexibility for nearly any living combination or situation. Livability. From the top of the line appliances and the use of some of the finest materials and fixtures available, the dual zone AC, built in BBQ, to the disappearing walls of glass, custom built full height glass wine room and cutting edge technology integrated throughout the house, the designer has not missed a thing!

Last Agent to Sell the Property

Marcus Skenderian

Compass License #01115339 Listed on: 07/10/2020

Compass

Co-Listed By

Brendalyn Michael

Compass License #01995548

Last Buyer's Agent

Kim Rossi

Compass License #01226082

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,007

Year Built

  • Built in 2015

Lot Details

  • 9,500 Sq Ft Lot
  • Southwest Facing Home
  • Landscaped
  • Lot Sloped Down

Parking

  • 4 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Driveway
  • Gated Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 4,506 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Storage
  • Laundry Room

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Sinks
  • Soaking Tub

Home Security

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

Outdoor Features

  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Private Water Source

Community Details

  • No Home Owners Association
  • Mystic Hills Subdivision

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 3036
  • Assessor Parcel Number 64129408

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,007

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Architectural Style: Contemporary, Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64129408
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4506.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Vacuum Central
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1076.34
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Soaking Tub, Stone Counters, Vanity Area
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Direction Faces: Southwest
  • View: Canyon, Catalina, City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage Faces Front, Garage Faces Rear, Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Gas Cooktop, Ice Maker, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

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: Sloped Down, Landscaped
  • Lot Size Sq Ft: 9500.00
  • Lot Size Acres: 0.2181

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 41
  • Tax Tract Number: 3036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 13, 2020
Sold by
Mastroberti Brian and Khan Suriya
Bought by
Reenan Neal J and Reenan Jennifer A
Seller's Agent
Marcus Skenderian
Compass
Buyer's Agent
Kim Rossi
Compass
List Price
$4,999,000
Sold Price
$4,850,000
Premium/Discount to List
-$149,000
-2.98%
Current Estimated Value
$7,313,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,463,687
Avg. Annual Appreciation
8.58%
Original Mortgage
$4,364,515
Outstanding Balance
$3,882,003
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$3,431,684

Purchase Details

Listed on
Mar 27, 2017
Closed on
Jul 5, 2017
Sold by
Hutton Melissa J
Bought by
Mastroberti Brian and Khan Suriya
Seller's Agent
Lisa Mackey
Compass
Buyer's Agent
Nicholas Hooper
Compass
List Price
$5,900,000
Sold Price
$5,300,000
Premium/Discount to List
-$600,000
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 29, 2016
Closed on
Mar 4, 2016
Sold by
Reeberg Carlos and Kuslich Christine
Bought by
Melissa J Hutton Separate Property Trust
Seller's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lisa Mackey
Compass
List Price
$5,695,000
Sold Price
$5,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.80%

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 11, 2014
Sold by
Hewitt Carol F
Bought by
Reeberg Carlos and Kuslich Christine
Seller's Agent
Joann Hunter
First Team Real Estate
Buyer's Agent
Shauna Covington
Berkshire Hathaway HomeServices California Properties
List Price
$2,788,000
Sold Price
$2,538,800
Premium/Discount to List
-$249,200
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.85%
Original Mortgage
$1,000,000
Interest Rate
3%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $4,850,000 Chicago Title Company
Deed $5,300,000 Wfg National Title Co
Grant Deed $5,695,000 Chicago Title Company
Grant Deed $2,539,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,364,515 New Conventional
Previous Owner $3,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Future Advance Clause Open End Mortgage
Previous Owner $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $4,850,000 -3.0% $1,076 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $4,999,000 -5.7% $1,109 / Sq Ft
08/25/2017 08/25/17 Sold $5,300,000 -8.6% $1,218 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
07/01/2017 07/01/17 Price Changed $5,799,999 0.0% $1,332 / Sq Ft
06/30/2017 06/30/17 Price Changed $5,799,000 -1.7% $1,332 / Sq Ft
03/27/2017 03/27/17 For Sale $5,900,000 +3.6% $1,355 / Sq Ft
03/11/2016 03/11/16 Sold $5,695,000 0.0% $1,308 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $5,695,000 +124.3% $1,308 / Sq Ft
12/16/2014 12/16/14 Sold $2,538,800 -8.9% $737 / Sq Ft
11/05/2014 11/05/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $2,788,000 -- $810 / 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 $54,007 $5,249,795 $3,771,662 $1,478,133
2024 $54,007 $5,146,858 $3,697,708 $1,449,150
2023 $53,223 $5,045,940 $3,625,204 $1,420,736
2022 $52,123 $4,947,000 $3,554,121 $1,392,879
2021 $51,026 $4,850,000 $3,484,432 $1,365,568
2020 $57,626 $5,514,120 $4,343,300 $1,170,820
2019 $56,594 $5,406,000 $4,258,137 $1,147,863
2018 $55,468 $5,300,000 $4,174,644 $1,125,356
2017 $60,929 $5,808,900 $4,649,954 $1,158,946
2016 $30,491 $2,785,376 $2,050,771 $734,605
2015 $27,922 $2,538,800 $1,953,553 $585,247
2014 $5,224 $319,430 $51,060 $268,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG20135655

California Regional Multiple Listing Service (CRMLS)

APN: 641-294-08