Seller's Agent in 2021
Nicholas Hooper
Pacific Sotheby’s International Realty
(949) 939-7083
54 Total Sales
775 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
Highlights
- Ocean View
- Primary Bedroom Suite
- Wood Flooring
- Top Of The World Elementary School Rated A+
- Contemporary Architecture
- Bonus Room
About This Home
As of June 2021Experience the harmonious blend of the peace and tranquility of nature in the environment presented by this wonderful property located at 775 Summit Drive. The parcel is located on a street to street lot with access to Pearl Street in Woods Cove for an easy jaunt to the beach and the Village. Enter down a long private driveway into a two car garage with room for turnaround and plenty of room for more cars. Completely redone in 2010, the home combines spacious, comfortable living space with maximum functionality. Enter into the main level of living space accented in elements of wood and stone, featuring a large living room with fireplace, dining area and huge gourmet kitchen with a large center island with seating. Upstairs you will find three bedrooms, each with their own full bathroom. You will also find the convenience of a laundry room and additional living space on this level. Downstairs, enter into a second entertaining space complete with a wet bar and a huge wine cellar. This level also includes a powder room, office, and a fourth bedroom with full bath. Private patios and decks on each level of the home connect you to the beautiful outdoor surroundings. Enjoy both ocean views and the pastoral experience of nature and wildflowers framing a beautiful watercourse which remains dry most of the year. Lounge on one of the many decks or patios as you take in the beautiful surroundings, and call 775 Summit Drive your own personal retreat.
Last Agent to Sell the Property
Pacific Sotheby’s International Realty License #01962012 Listed on: 07/02/2020
Home Details
Home Type
- Single Family
Year Built
- Built in 2010
Lot Details
- 0.31 Acre Lot
- Gentle Sloping Lot
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- Parking Available
- Driveway
Property Views
- Ocean
- Woods
- Meadow
Home Design
- Contemporary Architecture
Interior Spaces
- 3,774 Sq Ft Home
- 1-Story Property
- Built-In Features
- Family Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Home Office
- Bonus Room
- Storage
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Six Burner Stove
- Kitchen Island
- Stone Countertops
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry on upper level
Schools
- Top Of The World Elementary School
- Thurston Middle School
Additional Features
- Accessible Parking
- Open Patio
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tax Lot 214
- Tax Tract Number 764
- Assessor Parcel Number 64430103
Community Details
Overview
- No Home Owners Association
- The Village Subdivision
Recreation
- Park
- Hiking Trails
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2020
Closed on
May 25, 2021
Sold by
Michael Burdiek 2013 Trust and Burdiek Michael
Bought by
Akbar Fahd Abid and Boland Lindsey
Seller's Agent
Nicholas Hooper
Pacific Sotheby’s International Realty
Buyer's Agent
William Mar
Strand Hill Properties
List Price
$3,595,000
Sold Price
$2,790,000
Premium/Discount to List
-$805,000
-22.39%
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
$1,945,884
Avg. Annual Appreciation
12.16%
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
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
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
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/10/2021 06/10/21 | Sold | $2,790,000 | -6.8% | $739 / Sq Ft |
| 05/05/2021 05/05/21 | Pending | -- | -- | -- |
| 02/10/2021 02/10/21 | Price Changed | $2,995,000 | -4.9% | $794 / Sq Ft |
| 01/25/2021 01/25/21 | Price Changed | $3,149,000 | -3.0% | $834 / Sq Ft |
| 11/12/2020 11/12/20 | Price Changed | $3,245,000 | -7.2% | $860 / Sq Ft |
| 08/03/2020 08/03/20 | Price Changed | $3,495,000 | -2.8% | $926 / Sq Ft |
| 07/02/2020 07/02/20 | For Sale | $3,595,000 | -- | $953 / 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 | $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
Agents Affiliated with this Home
-
Nicholas Hooper
-
Michael Johnson
Seller Co-Listing Agent in 2021
Michael Johnson
Compass
(949) 278-7333
170 Total Sales
-
William Mar
Buyer's Agent in 2021
William Mar
Strand Hill Properties
(310) 801-2982
27 Total Sales
-
B
Buyer's Agent in 2021
Bill Martinez
William Martinez
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: LG20122545
APN: 644-301-03
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