NOT LISTED FOR SALE

Estimated Value: $3,426,000 - $4,546,000

3 Beds
2 Baths
1,387 Sq Ft
$2,772/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $3,725,000 $2,686 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $24,018/month

127 Days on Market

Highlights

  • White Water Ocean Views
  • Primary Bedroom Suite
  • Wood Flooring
  • El Morro Elementary School Rated A+
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of September 2023

Available for the first time in over sixty years, this idyllic Laguna Beach cottage exemplifies the quintessential beach cottage lifestyle. Mere feet from the sandy beach of iconic Fisherman’s Cove, with expansive ocean and coastline views, this three bedroom, two bath home was originally constructed in the '20s as a holiday place to enjoy local fishing. The exterior is clad in redwood siding and features a large brick patio with sit down white water ocean views as well as a private side yard which can be accessed from the main living area and one of two ground floor bedrooms. Inside, the main living area features a classic exposed beam ceiling and warmly greets occupants with a wood burning fireplace framed by floor to ceiling wood paneling and a mantle which was sourced from Edgar Allen Poe’s childhood home in Richmond Virginia (c.1810) which earns this home it’s moniker: "Raven House”. Original Knotty Pine “Laguna Paneling” and Douglas Fir flooring are carried throughout the home which has a completely updated electrical system, newer roof and plumbing replaced with copper supply and ABS lines, new central heater and 10’’ of fiberglass batting insulation in the attic. An abundance of light enters the home through glass windows and doors which were assembled on site by carpenters and glaziers in the '20s & '30s. The kitchen houses a vintage steel Youngstown Kitchen sink and cabinet assembly which is original to the home, a walk-in pantry, Lindsay Lockerby Field hand-painted cabinets, and a dining nook with ocean views. The upstairs bedroom suite offers ocean views, a bathroom and can be accessed from inside the home or via a separate outside entrance. At one time, this suite featured a kitchenette and could be easily reconverted for additional living flexibility. A small one car garage & and driveway offer two off-street parking spaces. This beautifully restored and maintained cottage retains all of the charm of an original Laguna Beach cottage with subtle upgrades to the major systems and is an excellent candidate for the Mills Act which could offer an owner tremendous property tax savings. The Raven House presents a truly once in a generation opportunity.

Last Agent to Sell the Property

Carter Kaufman

Compass License #01968622 Listed on: 05/01/2023

Compass

Last Buyer's Agent

Ryan Keller

Compass License #02147289

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,824

Year Built

  • Built in 1933

Lot Details

  • 2,500 Sq Ft Lot
  • Brick Fence
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Parking Available
  • Side Facing Garage
  • Up Slope from Street

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Cottage
  • Turnkey
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,387 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room
  • Living Room with Fireplace
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Freezer
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating
  • Natural Gas Connected

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 7 / C
  • Tax Tract Number 481
  • Assessor Parcel Number 05315508
  • $1,178 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • North Laguna Subdivision

Recreation

  • Park
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,824

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Architectural Style: Cottage, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05315508
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1387.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, High Ceilings, In-Law Floorplan, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Nook, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2685.65
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Main Floor Full Bath, Separate Tub And Shower, Soaking Tub, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: City Lights, Coastline, Ocean, Park/Greenbelt, Water, White Water
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Brick, Porch, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Side
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Watersports, Storm Drains, Street Lights, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Sprinklers In Front, Up Slope from Street
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0574

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: C
  • Tax Census Tract: 626.56
  • Tax Lot: 7
  • Tax Tract Number: 481
  • TaxOtherAnnualAssessmentAmount: 1178.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2020
Sold by
Desmond Christopher Thomas
Bought by
Desmond Christopher Thomas and Desmond Christopher Thomas
Current Estimated Value
$3,844,200

Purchase Details

Closed on
Oct 20, 2006
Sold by
Desmond Christopher
Bought by
Desmond Christopher and The Joan L Carter Trust

Purchase Details

Closed on
Sep 13, 2004
Sold by
Carter Joan L
Bought by
Carter Joan L and Carmichael Jane Giddings

Purchase Details

Closed on
Sep 2, 1985
Sold by
Christopher Thomas Desmond Revocable Liv and Desmond Christopher Thomas
Bought by
Carol Ann Johnston Trust and Johnston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
7.09%
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 Buyer Sale Price Title Company
Desmond Christopher Thomas -- None Available
Desmond Christopher -- None Available
Carter Joan L -- --
Carol Ann Johnston Trust $3,725,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desmond Christopher $329,374
Previous Owner Desmond Christopher $354,000
Previous Owner Desmond Christopher $350,000
Previous Owner Carter Joan L $700,000
Previous Owner Carter Joan L $300,000
Previous Owner Carter John L $125,000
Previous Owner Carol Ann Johnston Trust $1,850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $3,725,000 -4.4% $2,686 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $3,895,000 -2.6% $2,808 / Sq Ft
05/01/2023 05/01/23 For Sale $4,000,000 -- $2,884 / 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 $38,824 $3,853,267 $3,734,175 $119,092
2024 $38,824 $3,725,000 $3,660,955 $64,045
2023 $15,889 $1,444,864 $1,390,490 $54,374
2022 $15,530 $1,416,534 $1,363,226 $53,308
2021 $15,174 $1,388,759 $1,336,496 $52,263
2020 $14,952 $1,374,519 $1,322,791 $51,728
2019 $14,671 $1,347,568 $1,296,854 $50,714
2018 $14,371 $1,321,146 $1,271,426 $49,720
2017 $14,070 $1,295,242 $1,246,496 $48,746
2016 $13,787 $1,269,846 $1,222,055 $47,791
2015 $13,561 $1,250,772 $1,203,698 $47,074
2014 $13,291 $1,226,272 $1,180,120 $46,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23072396

California Regional Multiple Listing Service (CRMLS)

APN: 053-155-08