$5,695,000
SOLD MAR 11, 2016
5 Beds
5.5 Baths
4,353 Sq Ft
9,500 Sq Ft Lot

Recently Sold

$1,308 Per Sq Ft

2 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • Updated Kitchen
  • Deck

About This Home

As of September 2020

Spectacular,completely recreated from it's foundation up, this is a Laguna Beach Chic dream home. With 5 bed, 6 baths the dynamic and versatile living spaces are designed to maximize the indoor/outdoor views, there are two spacious master suites on both floors. All bedrooms have ensuite bathrooms enhancing privacy and versatility. There are expansive views from decks on all 3 levels. The large lot enhances the privacy and parking options with two separate two-car garages. The interior design, including the use of imported limestones, marbles, walnut and Thermador appliances is exquisite. The walls of glass disappear inviting the ocean, city and mountain views in and never letting you forget how close you are to the beauty and adventure of Laguna Beach. Fixtures include polished nickel fixtures,dual zone, w/new AC, new furnace,new water heaters, new electric, new plumbing,new duct work, surveillance cameras, smart home technology, video intercom, new metal roof, custom cabinetry, insulated walnut floors, wood/aluminum windows, low E windows, solid cedar garage door. Calacata marble island,custom wine room, and extensive use of imported limestone. New IPE deck, new stucco exterior, 3 catalina doors and 2 street entrances complete this amazing home.

Last Agent to Sell the Property

Shauna Covington

Berkshire Hathaway HomeServices California Properties License #00991380 Listed on: 02/29/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Lisa Mackey

Compass License #01101421

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,007

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 9,500 Sq Ft Lot
  • Fenced
  • New Fence

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage

Property Views

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

Home Design

  • Metal Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,353 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Six Burner Stove
  • Microwave
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area

Outdoor Features

  • Living Room Balcony
  • Deck
  • Concrete Porch or Patio

Additional Features

  • Suburban Location
  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association

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 1994 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Mystic Hills (MH)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64129408
  • Year Built: 1994
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4353.00
  • Interior Amenities: Balcony, Crown Molding, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Stone Counters
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room, In Kitchen
  • Fireplace Features: Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 1308.29
  • Room Type: Den, Dressing Area, Entry, Family Room, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Two Masters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: New Condition
  • Patio And Porch Features: Concrete, Deck
  • Pool Private: No
  • Roof: Metal
  • Spa: No
  • Construction Materials: Stucco, Stone

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: 6 Burner Stove, Double Oven, Microwave
  • Heating Type: Central, Zoned
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Size Sq Ft: 9500.00
  • Price Per Lot Square Foot: 599.47
  • Lot Size Acres: 0.2180

Multi Family

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

Tax Info

  • 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
$7,693,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,843,880
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

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 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: LG16041876

California Regional Multiple Listing Service (CRMLS)

APN: 641-294-08