NOT LISTED FOR SALE

Estimated Value: $4,369,000 - $5,409,000

0.34 Acre
$14,246,237 Price per Acre
14,850 Sq Ft Lot

Last Sold October 17, 2018

Last sale price $1,080,000

Est. 350% increase in value since last sale

Current estimated payment $29,095/month

48 Days on Market

Highlights

  • White Water Ocean Views
  • Cul-De-Sac
  • Level Lot
  • Moulton Elementary Rated A

About This Lot

As of October 2018

Don't miss this rarely available bluff top-type location in which to build your own exquisite custom estate upon. Multi-directional panoramic views include breathtaking panoramic ocean, coastline, Catalina, bluff and Laguna Beach scenery in one direction and serene lush canyon views in another. Nestled within the prestigious guard-gated community of Laguna Sur this, over 14,000 sqft lot, is brimming with potential. Seller has plans to build a custom 7000 sqft+ estate! Imagine sunrises over the canyon in the morning and sunsets over the ocean in the evening! Privacy is key as there are only a handful of homes on the custom cul-de-sac street. Resort caliber amenities located within the community include a gleaming pool and bubbling spa, tennis courts and an ocean view hiking trail. You are only moments away from 5 star resorts, famous beaches, beautiful downtown Laguna Beach art galleries, and a variety of shops and restaurants. You will have the ability to make your dream of living the California Coastal Lifestyle a reality here. This rare opportunity will not last long! Previously approved plans available.

Last Agent to Sell the Property

Lori McGuire

RE/MAX Select One License #00959318 Listed on: 08/02/2018

Last Buyer's Agent

Kami Shahab

Access Realty and Finance License #01880026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,267

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Value in Land
  • Property is zoned R1

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Woods
  • Bluff
  • Canyon
  • Hills
  • Valley

Listing and Financial Details

  • Assessor Parcel Number 65825109

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$27,267

Lot Details

0

Listing Details

  • Other Phone Description: After Hours
  • Other Phone Number: 9496271489
  • Road Surface Type: Paved
  • Subdivision Name Other: Laguna Sur Custom (LSC)
  • View: Yes
  • Zoning: R1
  • Property Type: Land
  • Parcel Number: 65825109
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 72.73

Exterior Features

  • View: Bluff, Canyon, Catalina, Coastline, Hills, Ocean, Panoramic, Trees/Woods, Valley, White Water

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Level with Street, Lot 10000-19999 Sqft, Value In Land
  • Lot Size Sq Ft: 14850.00

Tax Info

  • Tax Census Tract: 423.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
9 Leconte Llc
Bought by
Bekam Saeed J
Current Estimated Value
$4,856,672

Purchase Details

Closed on
Feb 1, 2021
Sold by
Bekam Saeed J
Bought by
9 Leconte Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,695,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 24, 2018
Sold by
Mahmoudi Asghar and Hemmat Manaz
Bought by
9 Leconte Llc
Seller's Agent
Lori McGuire
RE/MAX Select One
Buyer's Agent
Kami Shahab
Access Realty and Finance
List Price
$1,100,000
Sold Price
$1,080,000
Premium/Discount to List
-$20,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.77%

Purchase Details

Closed on
Jul 18, 2007
Sold by
Malool Saeid and Mirshafiee Azar
Bought by
Mahmoudi Asghar and Hemmat Mahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 12, 2006
Sold by
Karimi Jalal and Karimi Shahla V
Bought by
Malool Saeid and Mirshaflee Azar

Purchase Details

Closed on
Apr 12, 2000
Sold by
D R Horton Los Angeles Holding Co Inc
Bought by
Samuels Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,550
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1997
Sold by
Whittlesey Andrew B and Whittlesey Audrey D
Bought by
Karimi Jalal
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bekam Saeed J -- First American Title
9 Leconte Llc -- First American Title Company
Bekam Saeed J -- First American Title Company
9 Leconte Llc $1,080,000 Wfg National Title
Mahmoudi Asghar $1,140,000 Chicago Title Co
Malool Saeid $835,000 California Title Company
Samuels Sean $226,500 Lawyers Title Company
Karimi Jalal $186,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bekam Saeed J $2,695,000
Previous Owner Mahmoudi Asghar $798,000
Previous Owner Samuels Sean $184,550
Closed Samuels Sean $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Sold $1,080,000 -1.8% --
08/02/2018 08/02/18 For Sale $1,100,000 -- --
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
2024 $27,267 $2,693,571 $1,181,136 $1,512,435
2023 $18,932 $1,872,543 $1,157,977 $714,566
2022 $11,487 $1,135,272 $1,135,272 $0
2021 $11,266 $1,113,012 $1,113,012 $0
2020 $11,153 $1,101,600 $1,101,600 $0
2019 $10,934 $1,080,000 $1,080,000 $0
2018 $10,803 $1,066,595 $1,066,595 $0
2017 $10,592 $1,045,682 $1,045,682 $0
2016 $10,410 $1,025,179 $1,025,179 $0
2015 $10,300 $1,009,780 $1,009,780 $0
2014 $10,109 $990,000 $990,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18186003

California Regional Multiple Listing Service (CRMLS)

APN: 658-251-09