Seller's Agent in 2020
Amy Fluent
Beach Cities Real Estate
(949) 606-2926
11 Total Sales
746 Summit Dr Laguna Beach, CA 92651
Summit Ridge NeighborhoodEstimated Value: $2,674,418 - $3,005,000
4
Beds
3
Baths
1,775
Sq Ft
$1,599/Sq Ft
Est. Value
Highlights
- Ocean View
- Greenhouse
- Open Floorplan
- Top Of The World Elementary School Rated A
- Updated Kitchen
- 5-minute walk to Bluebird Park
About This Home
As of August 2020Tucked into a private nook of the Woods Cove neighborhood in Laguna Beach, this 1928 historic Laguna Beach cottage offers Panoramic Ocean Views that span from Palos Verdes to Catalina Island and beyond. Nearly the entire home has been completely renovated, providing this historic cottage with an updated, modern feel that still pays homage to its cottage roots. Appliances include a newer 6-burner stove, a stainless-steel refrigerator and dishwasher, and a wine cooler. The living and dining rooms boast sweeping ocean views from a built-in sitting bench, a wood-burning fireplace, and a private reading nook. The 400 sq ft. flagstone family room is permitted as an indoor/outdoor space (which does not count toward the overall square footage of the house). The newly remodeled master bedroom includes a renovated en suite bathroom and garden views to the backyard. The upstairs guestroom is currently used a nursery, offering spectacular ocean views, a large walk-in closet, and a utility nook. A modern, new stair railing guides homeowners downstairs to two, newly renovated guestrooms (one of which is currently used as an office), a laundry room, and a ¾ bath. The front of the house offers a detached garage below a permitted greenhouse. The back of the house provides unparalleled privacy with lush, mature landscaping that includes a permitted bamboo fence and lime tree. Homeowners can easily walk to nearby Bluebird Park, popular surf beaches, and various local restaurants.
Last Agent to Sell the Property
Scott Bingham
Beach Cities Real Estate License #01871859 Listed on: 03/12/2020
Last Buyer's Agent
Christina Garcia-Givot
Berkshire Hathaway HomeService License #01334339
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,319
Year Built
- Built in 1928 | Remodeled
Lot Details
- 5,390 Sq Ft Lot
- Landscaped
- Private Yard
- Back and Front Yard
Parking
- 1 Open Parking Space
- 1 Car Garage
- Parking Available
- Single Garage Door
Property Views
- Ocean
- Coastline
- Catalina
Home Design
- Cottage
- Slab Foundation
Interior Spaces
- 1,775 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Family Room with Fireplace
- Laminate Flooring
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Six Burner Stove
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- Remodeled Bathroom
Outdoor Features
- Brick Porch or Patio
- Greenhouse
Schools
- Thurston Middle School
- Laguna Beach High School
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 245
- Tax Tract Number 764
- Assessor Parcel Number 64423512
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2020
Closed on
Jul 14, 2020
Sold by
French Drew and French Kelly
Bought by
Herring Myron Garfield
Seller's Agent
Scott Bingham
Beach Cities Real Estate
Buyer's Agent
Christina Garcia-Givot
Berkshire Hathaway HomeService
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,246
Avg. Annual Appreciation
9.64%
Original Mortgage
$765,600
Outstanding Balance
$680,667
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$2,157,938
Purchase Details
Listed on
Jun 16, 2016
Closed on
Aug 15, 2016
Sold by
Nolen Patricia A Benjamin
Bought by
French Drew
Seller's Agent
James Ardery
Laguna Beach Properties
Buyer's Agent
Scott Bingham
Beach Cities Real Estate
List Price
$1,649,500
Sold Price
$1,485,000
Premium/Discount to List
-$164,500
-9.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$1,188,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2014
Sold by
Nolen Patricia A
Bought by
Benjamin Nolen Patricia A and Benjamin Trust
Purchase Details
Closed on
Oct 18, 2004
Sold by
Bennett Gary A and Bennett Jean M
Bought by
Bennett Gary A and Bennett Jean M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Herring Myron Garfield | $1,800,000 | First American Title Company | |
| French Drew | $1,485,000 | Ticor Title | |
| Benjamin Nolen Patricia A | -- | None Available | |
| Bennett Gary A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Herring Myron G | $300,000 | |
| Open | Herring Myron Garfield | $765,600 | |
| Previous Owner | French Drew | $1,188,000 | |
| Previous Owner | Nolen Patricia A | $653,700 | |
| Previous Owner | Nolen Patricia A | $250,000 | |
| Previous Owner | Nolen Patricia A | $190,000 | |
| Previous Owner | Nolen Patricia A | $175,000 | |
| Previous Owner | Nolen Patricia A | $440,000 | |
| Previous Owner | Nolen Patricia A | $300,000 | |
| Previous Owner | Nolen Joseph E | $100,000 | |
| Previous Owner | Nolen Joseph E | $60,000 | |
| Previous Owner | Nolen Joseph E | $227,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2020 08/25/20 | Sold | $1,800,000 | +22400.0% | $1,014 / Sq Ft |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | Rented | $8,000 | 0.0% | -- |
| 06/18/2020 06/18/20 | Under Contract | -- | -- | -- |
| 06/17/2020 06/17/20 | For Rent | $8,000 | -99.6% | -- |
| 06/17/2020 06/17/20 | Under Contract | -- | -- | -- |
| 05/28/2020 05/28/20 | Price Changed | $1,895,000 | 0.0% | $1,068 / Sq Ft |
| 05/05/2020 05/05/20 | For Rent | $8,000 | 0.0% | -- |
| 03/12/2020 03/12/20 | For Sale | $1,995,000 | +34.3% | $1,124 / Sq Ft |
| 09/06/2016 09/06/16 | Sold | $1,485,000 | -6.9% | $837 / Sq Ft |
| 08/07/2016 08/07/16 | Pending | -- | -- | -- |
| 07/26/2016 07/26/16 | Price Changed | $1,595,000 | -3.3% | $899 / Sq Ft |
| 06/16/2016 06/16/16 | For Sale | $1,649,500 | -- | $929 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,319 | $1,948,377 | $1,848,770 | $99,607 |
| 2024 | $20,319 | $1,910,174 | $1,812,520 | $97,654 |
| 2023 | $20,149 | $1,872,720 | $1,776,980 | $95,740 |
| 2022 | $19,709 | $1,836,000 | $1,742,137 | $93,863 |
| 2021 | $19,271 | $1,800,000 | $1,707,977 | $92,023 |
| 2020 | $16,993 | $1,575,893 | $1,498,361 | $77,532 |
| 2019 | $16,677 | $1,544,994 | $1,468,982 | $76,012 |
| 2018 | $16,338 | $1,514,700 | $1,440,178 | $74,522 |
| 2017 | $15,998 | $1,485,000 | $1,411,939 | $73,061 |
| 2016 | $5,188 | $386,068 | $257,394 | $128,674 |
| 2015 | $5,308 | $380,269 | $253,527 | $126,742 |
| 2014 | $5,214 | $372,821 | $248,561 | $124,260 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller's Agent in 2020
Scott Bingham
Beach Cities Real Estate
-
Buyer's Agent in 2020
Nicholas Hooper
Compass
(949) 939-7083
1 in this area
55 Total Sales
-
C
Buyer's Agent in 2020
Christina Garcia-Givot
Berkshire Hathaway HomeService
-
J
Seller's Agent in 2016
James Ardery
Laguna Beach Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20053165
APN: 644-235-12
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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