NOT LISTED FOR SALE

755 Summit Dr Laguna Beach, CA 92651

Estimated Value: $4,385,000 - $4,973,537

4 Beds
6 Baths
3,774 Sq Ft
$1,255/Sq Ft Est. Value

About This Home

This home is located at 755 Summit Dr, Laguna Beach, CA 92651 and is currently estimated at $4,735,884, approximately $1,254 per square foot. 755 Summit Dr is a home located in Orange County with nearby schools including Top Of The World Elementary School, Thurston Middle School, and Laguna Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2021
Sold by
Michael Burdiek 2013 Trust and Burdiek Michael
Bought by
Akbar Fahd Abid and Boland Lindsey
Current Estimated Value
$4,735,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,092,500
Outstanding Balance
$1,890,367
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,845,517

Purchase Details

Closed on
Jul 26, 2018
Sold by
Burdiek Michael
Bought by
Burdiek Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,580,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 22, 2006
Sold by
Burdiek Michael
Bought by
Burdiek Michael and Wen Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 2005
Sold by
Morgan Michael V and Morgan Sheri L
Bought by
Burdiek Michael and Wen Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2003
Sold by
Morgan Michael V
Bought by
Morgan Michael and Morgan Sheri L

Purchase Details

Closed on
Feb 19, 1999
Sold by
Morgan Sheri
Bought by
Morgan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.78%

Purchase Details

Closed on
Nov 13, 1996
Sold by
Michael Morgan
Bought by
Morgan Michael and Morgan Sheri

Purchase Details

Closed on
Sep 19, 1994
Sold by
Haythorne Stephen J
Bought by
Morgan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.87%

Purchase Details

Closed on
Aug 17, 1994
Sold by
Security Pacific National Bank
Bought by
Haythorne Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.87%

Purchase Details

Closed on
May 16, 1994
Sold by
Town & Country Title Services Inc
Bought by
Security Pacific National Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Akbar Fahd Abid $2,790,000 Usa National Title
Akbar Fahd Abid $2,790,000 Usa National Title Company
Burdiek Michael -- First American Title Ins Co
Burdiek Michael -- First American Title Ins Co
Burdiek Michael -- Civic Center Title Services
Burdiek Michael -- Civic Center Title Services
Burdiek Michael $1,061,000 Chicago Title Co Irvine
Morgan Michael -- Fidelity National Title
Morgan Michael -- Chicago Title Co
Morgan Michael -- Chicago Title Co
Morgan Michael $240,000 Fidelity National Title Co
Haythorne Stephen J $1,000 Fidelity National Title Ins
Security Pacific National Bank $50,615 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akbar Fahd Abid $2,092,500
Closed Akbar Fahd Abid $2,092,500
Previous Owner Burdiek Michael $2,580,000
Previous Owner Burdiek Michael $159,000
Previous Owner Burdiek Michael $795,750
Previous Owner Morgan Michael $300,000
Previous Owner Morgan Michael $192,000
Source: Public Records

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 $32,258 $3,019,985 $1,766,312 $1,253,673
2024 $32,258 $2,960,770 $1,731,678 $1,229,092
2023 $31,881 $2,902,716 $1,697,723 $1,204,993
2022 $31,342 $2,845,800 $1,664,434 $1,181,366
2021 $28,784 $2,596,534 $1,412,691 $1,183,843
2020 $28,935 $2,569,910 $1,398,205 $1,171,705
2019 $29,734 $2,519,520 $1,370,789 $1,148,731
2018 $29,225 $2,470,118 $1,343,911 $1,126,207
2017 $28,704 $2,421,685 $1,317,560 $1,104,125
2016 $28,843 $2,374,201 $1,291,725 $1,082,476
2015 $24,629 $2,338,539 $1,272,322 $1,066,217
2014 $24,149 $2,292,731 $1,247,399 $1,045,332
Source: Public Records

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