NOT LISTED FOR SALE

Estimated Value: $2,075,268 - $2,962,000

2 Beds
2 Baths
1,024 Sq Ft
$2,521/Sq Ft Est. Value

Last Sold May 02, 2017

Last sale price $1,600,000 $1,562 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $14,300/month

171 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Cathedral Ceiling
  • Top Of The World Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of May 2017

Quintessential Laguna Beach charmer. Enter the inviting Dutch door into this 2 bedroom, 2 bathroom cottage comfortably situated on an adorable garden lot and enjoy ocean views from most living areas. Local architect James Ward Henry II did some remodel work when the current owners bought the home helping to create an intelligent floor plan & smart use of space. The home has recently undergone a top to bottom refresh. Original Douglas Fir wood floors were refinished & new carpeting installed in both bedrooms. An updated master bathroom features quartz counter tops, subway tile shower enclosure, and cement (encaustic) flooring. The gourmet kitchen features soapstone counter tops; newly refinished cabinetry; and Subzero, Wolf, Bosch, and KitchenAid appliances to make cooking in your ocean view kitchen a true delight. A gas fireplace insert was added to the original rustic stone fireplace to allow heating your living room with the touch of a remote. Step out the kitchen Dutch door onto the large deck to enjoy sunset ocean views: perfect for entertaining. The front and side European-inspired garden areas offer just enough room for creativity for those with a bucolic spirit. This home is a C rated historic property and is listed on the Laguna Beach historic register. This special cottage is a perfect example of what defines the original Laguna Beach village character. These well-maintained gems don't come available very often.

Last Agent to Sell the Property

John Newlander

First Team Real Estate License #01894487 Listed on: 10/03/2016

First Team Real Estate

Last Buyer's Agent

Kelly Perkins

Compass License #01932146

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,098

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 4,118 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 1 Car Direct Access Garage
  • 1 Open Parking Space
  • Heated Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Property Views

  • Ocean
  • City Lights

Home Design

  • Cottage
  • Split Level Home
  • Additions or Alterations
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Raised Foundation
  • Wood Product Walls
  • Fire Rated Drywall
  • Composition Roof
  • Board and Batten Siding
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Plaster
  • Stucco

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Track Lighting
  • Heatilator
  • Gas Fireplace
  • Wood Frame Window
  • Casement Windows
  • Panel Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Sump Pump

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Pots and Pans Drawers
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Quartz Bathroom Countertops
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Top Of The World Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 363
  • Assessor Parcel Number 64136319

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,098

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64136319
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1024.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Partial, High Ceilings, Pantry, Recessed Lighting, Sump Pump, Track Lighting, Wood Product Walls
  • Stories: 1
  • Entry Location: Living Room
  • Common Walls: No Common Walls
  • Flooring: Brick, Carpet, Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Area, Dining Ell, In Living Room
  • Fireplace Features: Living Room, Gas, Heatilator
  • Levels: One, Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1562.50
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Casement Windows, Wood Frames
  • Bathroom Features: Shower, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Quartz Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Pots & Pan Drawers, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Combination, Concrete Perimeter, Pillar/Post/Pier, Raised
  • View: City Lights, Ocean
  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Board & Batten Siding, Drywall Walls, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Direct Garage Access, Heated Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Line to Refrigerator
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas, Fireplace(s)
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, In Closet, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Laguna Beach Unified
  • Elementary School: Top Of The World
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: Top Of The World
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: TOTW
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Gentle Sloping, Landscaped, Lawn, Irregular Lot, Sprinkler System, Sprinklers Timer, Utilities - Overhead, Yard
  • Lot Size Sq Ft: 4118.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 626.32
  • Tax Lot: 19
  • Tax Tract Number: 363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2017
Sold by
Satterthwaite Daniel R and Satterthwaite Joyce A
Bought by
Satterthwaite Daniel R and Satterthwaite Joyce A
Current Estimated Value
$2,581,567

Purchase Details

Listed on
Oct 3, 2016
Closed on
Mar 27, 2017
Sold by
Stait Robert O and Stait Elanor L
Bought by
Satterethwaite Daniel R and Satterethwaite Joyce A
Seller's Agent
John Newlander
First Team Real Estate
Buyer's Agent
Kelly Perkins
Compass
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$900,000
Interest Rate
3.65%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 12, 2011
Sold by
Stait Robert O and Stait Eleanor L
Bought by
Stalt Robert O and Stait Eleanor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2008
Sold by
Stait Robert O and Stait Eleanor L
Bought by
Stait Robert O and Stait Eleanor L

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
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2008
Sold by
Stait Robert O and Stait Eleanor L
Bought by
Stait Robert O and Stait Eleanor L

Purchase Details

Closed on
Oct 10, 2003
Sold by
Hillgren Mark J
Bought by
Stait Robert O and Stait Eleanor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.49%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 27, 1997
Sold by
Hillgren Lea K
Bought by
Hillgren Lea K and The Lea K Hillgren Trust
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
Satterthwaite Daniel R -- Chicago Title Co
Satterethwaite Daniel R $1,600,000 Chicago Title Co
Stalt Robert O -- Accommodation
Stait Robert O -- Lawyers Title
Stait Robert O -- Lawyers Title Company
Stait Robert O -- None Available
Stait Robert O $875,000 Equity Title Company
Hillgren Lea K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satterthwaite Daniel R $750,000
Closed Satterethwaite Daniel R $900,000
Previous Owner Stait Robert O $288,000
Previous Owner Stait Robert O $300,000
Previous Owner Stait Robert O $35,000
Previous Owner Stait Robert O $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2017 05/02/17 Sold $1,600,000 -5.9% $1,563 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $1,700,000 -- $1,660 / 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 $4,098 $331,193 $231,835 $99,358
2024 $4,098 $306,221 $214,355 $91,866
2023 $4,757 $345,246 $241,672 $103,574
2022 $5,478 $424,388 $297,072 $127,316
2021 $5,279 $412,620 $288,834 $123,786
2020 $4,607 $353,949 $247,764 $106,185
2019 $17,893 $1,664,640 $1,601,781 $62,859
2018 $17,530 $1,632,000 $1,570,373 $61,627
2017 $4,578 $361,368 $187,125 $174,243
2016 $4,474 $354,283 $183,456 $170,827
2015 $4,314 $348,962 $180,700 $168,262
2014 $4,218 $342,127 $177,161 $164,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16736524

California Regional Multiple Listing Service (CRMLS)

APN: 641-363-19