NOT LISTED FOR SALE

Estimated Value: $2,842,575 - $3,550,000

3 Beds
3 Baths
1,388 Sq Ft
$2,281/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $2,000,000 $1,441 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $18,573/month

16 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Top Of The World Elementary School Rated A
  • Corner Lot
  • Cottage

About This Home

As of December 2016

This quintessential ocean view beach cottage has been meticulously restored to embrace its vintage style while offering the finest of modern living. The home recalls the innocence and simplicity of yesteryear with design details in lighting, restored vintage fans and detailed woodwork. Renowned Laguna Beach design and restoration specialist, Collins Design and Development, carefully restored this cottage by integrating superior finishes including soap stone and Carrera marble countertops, Wolf appliances, & Nest controls. With three bedrooms and three baths, as well as a generous great room and outdoor space, the home feels larger than its footprint. The superb outdoor spaces add to the inimitable livability of the home. Centrally located in the heart of the Village on a corner parcel and blocks to just about everything you need including the beach and shopping, the location is prime. This home distinguishes itself from others by its simple yet rich design elements and exceptional location. Rarely do ocean view cottages at this quality level become available in Laguna Beach - truly a special opportunity.

Last Agent to Sell the Property

Michael Johnson

Compass License #01429647 Listed on: 10/08/2016

Compass

Last Buyer's Agent

Victoria Strombom

Surterre Properties License #00886773

Surterre Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,031

Year Built

  • Built in 1937

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Cottage
  • Bungalow

Interior Spaces

  • 1,388 Sq Ft Home
  • Bay Window
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Enclosed Patio or Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 64409101

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,031

Year Built

Built in 1937

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: The Village (VIL)
  • View: Yes
  • Architectural Style: Bungalow, Cottage
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64409101
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1388.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1440.92
  • Room Type: Living Room
  • Window Features: Bay Window(s)

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Enclosed
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Forced Air
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3920.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 626.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2016
Closed on
Nov 4, 2016
Sold by
Chaffee Douglas B and Marshall Paulette A
Bought by
Donovan Thomas G and Donovan Joanne Aiken
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Victoria Strombom
Surterre Properties
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Current Estimated Value
$3,165,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,165,644
Avg. Annual Appreciation
5.30%
Original Mortgage
$800,000
Outstanding Balance
$630,880
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,534,764

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 22, 2014
Sold by
Collins Financial Llc
Bought by
Chaffee Douglas B and Marshall Paulette A
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Michael Johnson
Compass
List Price
$1,895,000
Sold Price
$1,785,000
Premium/Discount to List
-$110,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$892,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2013
Closed on
Feb 12, 2013
Sold by
Laing Barbara and Proctor Barbara E
Bought by
Whitehead Tracy Lee and The Lyle E Proctor Trust
Seller's Agent
George Pagano
The Immel Team
Buyer's Agent
George Pagano
The Immel Team
List Price
$950,000
Sold Price
$775,000
Premium/Discount to List
-$175,000
-18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.80%

Purchase Details

Listed on
Feb 5, 2013
Closed on
Feb 6, 2013
Sold by
Whitehead Tracy Lee
Bought by
Collins Financial Llc
Seller's Agent
George Pagano
The Immel Team
Buyer's Agent
George Pagano
The Immel Team
List Price
$950,000
Sold Price
$775,000
Premium/Discount to List
-$175,000
-18.42%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Proctor Lyle E
Bought by
Proctor Lyle E and Whitehead Tracy Lee

Purchase Details

Closed on
Aug 7, 2001
Sold by
Proctor Lyle E
Bought by
Proctor Lyle E and Smith Janis Proctor

Purchase Details

Closed on
Jul 20, 2001
Sold by
Smith Janis Lynn Proctor
Bought by
Proctor Lyle E

Purchase Details

Closed on
May 30, 2000
Sold by
Whitehead Tracy L Proctor
Bought by
Proctor Lyle E
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
Donovan Thomas G $2,000,000 First American Title Company
Chaffee Douglas B $1,785,000 None Available
Whitehead Tracy Lee -- Chicago Title Insurance
Collins Financial Llc $775,000 Chicago Title Insurance
Proctor Lyle E -- --
Proctor Lyle E -- --
Proctor Lyle E -- --
Proctor Lyle E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Thomas G $800,000
Previous Owner Chaffee Douglas B $892,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2016 12/06/16 Sold $2,000,000 -7.0% $1,441 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
10/08/2016 10/08/16 For Sale $2,150,000 +20.4% $1,549 / Sq Ft
04/24/2014 04/24/14 Sold $1,785,000 -5.8% $1,286 / Sq Ft View Prior Sale
03/03/2014 03/03/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $1,895,000 +144.5% $1,365 / Sq Ft
02/19/2013 02/19/13 Sold $775,000 -18.4% $664 / Sq Ft View Prior Sale
02/06/2013 02/06/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $950,000 -- $814 / 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 $24,031 $2,321,170 $2,114,239 $206,931
2024 $24,031 $2,275,657 $2,072,783 $202,874
2023 $23,777 $2,231,037 $2,032,140 $198,897
2022 $23,269 $2,187,292 $1,992,294 $194,998
2021 $22,762 $2,144,404 $1,953,229 $191,175
2020 $22,462 $2,122,416 $1,933,201 $189,215
2019 $22,050 $2,080,800 $1,895,295 $185,505
2018 $21,606 $2,040,000 $1,858,132 $181,868
2017 $21,233 $2,000,000 $1,821,698 $178,302
2016 $19,672 $1,848,429 $1,659,776 $188,653
2015 $19,360 $1,820,664 $1,634,844 $185,820
2014 $8,776 $793,211 $726,404 $66,807
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16728209

California Regional Multiple Listing Service (CRMLS)

APN: 644-091-01