T
Seller's Agent in 2024
Tyler Sudman
Sudman Enterprises Inc
(949) 903-6503
1 in this area
13 Total Sales
825 Summit Dr Laguna Beach, CA 92651
Summit Ridge NeighborhoodEstimated Value: $2,572,000 - $2,822,000
3
Beds
2.5
Baths
1,889
Sq Ft
$1,421/Sq Ft
Est. Value
Highlights
- Ocean View
- 24-Hour Security
- Updated Kitchen
- Top Of The World Elementary School Rated A
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of August 2024Experience the pinnacle of coastal opulence in this beautifully renovated single-family home nestled in the hills of Laguna Beach. This architectural marvel spans 1889 sqft and features 3 bedrooms, 2.5 bathrooms, and a two-car garage, all located in a private enclave that offers seclusion without sacrificing accessibility. Each morning, awaken to breathtaking, unobstructed views of the Pacific Ocean, a daily reminder of the luxurious lifestyle afforded by this exquisite location.
As you enter the home, you're welcomed by an interior that epitomizes luxury, merging cutting-edge design with high-end finishes. The home showcases elegant tile flooring and pristine quartz countertops, setting the stage for a life of sophisticated comfort. These premium materials are complemented by top-of-the-line appliances and fixtures, enhancing the home’s modern appeal. The centerpiece of the residence is the expansive living area, featuring state-of-the-art collapsible balcony doors that fluidly connect the indoors with the outdoors. These doors open to expansive balconies that command sweeping views from the shimmering Pacific to the distant shores of Catalina Island and Rancho Palos Verdes, offering a panoramic backdrop that is truly unparalleled.
This property has been recently evaluated by an independent company to confirm its market value, affirming its status as a highly desirable home. Imagine starting your days with serene ocean vistas and ending them with spectacular sunsets that paint the horizon, all from the comfort of this stunning residence. Located just a short drive from top dining destinations like Selanne's Steak Tavern and Mozambique, and near the iconic Laguna Beach Surf & Sand Hotel, this home is perfect for those who appreciate fine dining and upscale living. This residence is more than just a home—it is a lifestyle choice for those seeking the ultimate in luxury, privacy, and scenic beauty. Do not miss the chance to own this Laguna Beach treasure and make your dream of lavish coastal living a reality.
Last Agent to Sell the Property
Sudman Enterprises Inc Brokerage Phone: 949-903-6503 License #01926914 Listed on: 04/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,815
Year Built
- Built in 1989 | Remodeled
Lot Details
- 5,300 Sq Ft Lot
- Property fronts a private road
- Drip System Landscaping
- Sprinklers Throughout Yard
- Private Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Direct Access Garage
- 2 Open Parking Spaces
- Public Parking
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway
- Off-Site Parking
Property Views
- Ocean
- Canyon
Home Design
- Turnkey
Interior Spaces
- 1,889 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Dual Staircase
- High Ceiling
- Ceiling Fan
- Track Lighting
- Double Pane Windows
- Insulated Windows
- Tinted Windows
- Roller Shields
- Blinds
- Sliding Doors
- Insulated Doors
- Family Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Living Room Balcony
- Dining Room
- Storage
- Tile Flooring
Kitchen
- Updated Kitchen
- Walk-In Pantry
- Gas Oven
- Built-In Range
- Range Hood
- Microwave
- Freezer
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Quartz Bathroom Countertops
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Home Security
- Alarm System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Tile Patio or Porch
- Exterior Lighting
Location
- Suburban Location
Schools
- Top Of The World Elementary School
- Thurston Middle School
- Laguna Beach High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Sewer Paid
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 200
- Tax Tract Number 764
- Assessor Parcel Number 64430208
Community Details
Overview
- No Home Owners Association
- Summit Ridge Subdivision
Recreation
- Park
- Hiking Trails
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2024
Closed on
Aug 13, 2024
Sold by
Akhavan Soroush
Bought by
Jacqueline Malekirad Living Trust and Malekirad
Seller's Agent
Tyler Sudman
Sudman Enterprises Inc
Buyer's Agent
Suzan Nasr
Pacific Banker & Realty
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Views
30
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
$183,977
Avg. Annual Appreciation
7.21%
Original Mortgage
$2,000,000
Outstanding Balance
$1,981,251
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$702,726
Purchase Details
Listed on
Apr 29, 2024
Closed on
Jul 29, 2024
Sold by
Robert Barrot Revocable Family Trust and Sudman Ronnie W
Bought by
Jacqueline Malekirad Living Trust and Malekirad
Seller's Agent
Tyler Sudman
Sudman Enterprises Inc
Buyer's Agent
Suzan Nasr
Pacific Banker & Realty
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,981,251
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$702,726
Purchase Details
Closed on
May 6, 2016
Sold by
Barrot Robert
Bought by
Barrot Robert and Robert Barrot Revocable Family Trust
Purchase Details
Closed on
Jun 3, 2003
Sold by
Bush John B and Bush Yasuko T
Bought by
Barrot Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Jacqueline Malekirad Living Trust | -- | Equity Title | |
| Jacqueline Malekirad Living Trust | $2,500,000 | Equity Title | |
| Jacqueline Malekirad Living Trust | $2,500,000 | Equity Title | |
| Barrot Robert | -- | None Available | |
| Barrot Robert | $825,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jacqueline Malekirad Living Trust | $2,000,000 | |
| Closed | Jacqueline Malekirad Living Trust | $2,000,000 | |
| Previous Owner | Barrot Robert | $700,000 | |
| Previous Owner | Barrot Robert | $358,000 | |
| Previous Owner | Barrot Robert | $400,000 | |
| Previous Owner | Barrot Robert | $250,000 | |
| Previous Owner | Barrot Robert | $500,000 | |
| Previous Owner | Bush John B | $124,000 | |
| Previous Owner | Bush John B | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $2,500,000 | -5.7% | $1,323 / Sq Ft |
| 07/05/2024 07/05/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | Price Changed | $2,650,000 | -5.4% | $1,403 / Sq Ft |
| 04/29/2024 04/29/24 | For Sale | $2,800,000 | -- | $1,482 / 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 | $12,815 | $2,500,000 | $1,859,536 | $640,464 |
| 2024 | $12,815 | $1,171,441 | $576,235 | $595,206 |
| 2023 | $12,818 | $1,148,472 | $564,936 | $583,536 |
| 2022 | $12,515 | $1,125,953 | $553,858 | $572,095 |
| 2021 | $12,215 | $1,103,876 | $542,998 | $560,878 |
| 2020 | $12,023 | $1,092,558 | $537,431 | $555,127 |
| 2019 | $11,790 | $1,071,136 | $526,893 | $544,243 |
| 2018 | $11,545 | $1,050,134 | $516,562 | $533,572 |
| 2017 | $11,298 | $1,029,544 | $506,434 | $523,110 |
| 2016 | $11,066 | $1,009,357 | $496,504 | $512,853 |
| 2015 | $10,879 | $994,196 | $489,046 | $505,150 |
| 2014 | $10,658 | $974,722 | $479,467 | $495,255 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Sudman
-
Suzan Nasr
Buyer's Agent in 2024
Suzan Nasr
Pacific Banker & Realty
(949) 285-4977
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24085233
APN: 644-302-08
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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