NOT LISTED FOR SALE

Estimated Value: $6,222,000 - $8,889,237

4 Beds
3.5 Baths
3,341 Sq Ft
$2,331/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $3,150,000 $943 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $46,375/month

73 Days on Market

Highlights

  • White Water Ocean Views
  • Fitness Center
  • In Ground Pool
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Clubhouse

About This Home

As of October 2013

Formal model home with stunning ocean views. Double french doors in almost every room. Master suite in the main floor with beautiful well-equipped gourmet kitchen.This home is a must see!

Last Agent to Sell the Property

Elizabeth Munoz

Adobe Real Estate & Lending In License #01294508 Listed on: 04/08/2013

Co-Listed By

Robert Sievers

Adobe Real Estate & Lending In License #01441839

Last Buyer's Agent

Dean Ledger

Emerald Bay Real Estate License #01154116

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,312

Year Built

  • Built in 2003

Lot Details

  • 0.25

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Property Views

  • White Water Ocean
  • Catalina

Home Design

  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 3,341 Sq Ft Home
  • Fireplace
  • Double Pane Windows
  • French Doors
  • Family Room Off Kitchen
  • Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Slab Porch or Patio
  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 16407
  • Assessor Parcel Number 48907120

Community Details

Overview

  • Association Phone (949) 838-3200
  • Built by John Laing Luxury

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,312

Year Built

Built in 2003

Lot Details

0

HOA Fees

$575 per month

Parking

3

Listing Details

  • Other Phone Description: Preferred
  • Property Attached: No
  • Security: Fire Sprinkler System, Fire and Smoke Detection System, Gated with Guard
  • Subdivision Name Other: Nautilus
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 48907120
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3341.00
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Levels: Two
  • Price Per Square Foot: 942.83
  • Room Type: Main Floor Master Bedroom
  • Spa Features: Association, In Ground
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, White Water
  • Builder Name: John Laing Luxury
  • Patio And Porch Features: Concrete, Slab
  • Pool Features: Association, In Ground
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Clubhouse, Clubhouse Paid, Gym/Ex Room, Pool, Recreation Room, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 575.00
  • Association Fee Frequency: Monthly
  • Phone: 949-838-3200
  • Senior Community: No

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 10920.00
  • Lot Size Acres: 0.2510

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10920.0000 Square Feet

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 16407

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2017
Sold by
Norouzian Reza
Bought by
Norouzian Reza and Norouzian Neda H
Current Estimated Value
$7,788,809

Purchase Details

Listed on
Apr 8, 2013
Closed on
Oct 18, 2013
Sold by
Norouzian Neda
Bought by
Norouzian Reza
Seller's Agent
Elizabeth Munoz
Adobe Real Estate & Lending In
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$3,298,000
Sold Price
$3,150,000
Premium/Discount to List
-$148,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$1,700,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 8, 2013
Closed on
Sep 24, 2013
Sold by
Fong Gilbert T and Lee Janet L
Bought by
Norouzian Reza
Seller's Agent
Elizabeth Munoz
Adobe Real Estate & Lending In
Buyer's Agent
Dean Ledger
Emerald Bay Real Estate
List Price
$3,298,000
Sold Price
$3,150,000
Premium/Discount to List
-$148,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2003
Sold by
Wl Homes Llc
Bought by
Fong Gilbert T and Lee Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Norouzian Reza -- None Available
Norouzian Reza -- Fidelity National Title Co
Norouzian Reza $3,150,000 Fidelity National Title Co
Fong Gilbert T $2,132,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reza Norouzian N $100,000
Open Norouzian Reza $1,800,000
Closed Norouzian Reza $1,550,000
Closed Norouzian Reza $1,700,000
Previous Owner Fong Gilbert T $500,000
Previous Owner Fong Gilbert T $2,475,000
Previous Owner Fong Gilbert T $2,275,000
Previous Owner Fong Gilbert T $1,500,000
Closed Fong Gilbert T $205,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $3,150,000 -4.5% $943 / Sq Ft
04/09/2013 04/09/13 For Sale $3,298,000 0.0% $987 / Sq Ft
03/16/2013 03/16/13 Pending -- -- --
03/12/2013 03/12/13 Price Changed $3,298,000 +9.9% $987 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
01/02/2013 01/02/13 For Sale $3,000,000 -- $898 / 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 $41,312 $3,914,784 $2,953,077 $961,707
2024 $41,312 $3,838,024 $2,895,174 $942,850
2023 $40,446 $3,762,769 $2,838,406 $924,363
2022 $39,691 $3,688,990 $2,782,751 $906,239
2021 $38,810 $3,616,657 $2,728,187 $888,470
2020 $38,456 $3,579,573 $2,700,213 $879,360
2019 $37,792 $3,509,386 $2,647,268 $862,118
2018 $37,073 $3,440,575 $2,595,361 $845,214
2017 $36,495 $3,373,113 $2,544,471 $828,642
2016 $36,121 $3,306,974 $2,494,579 $812,395
2015 $35,163 $3,212,937 $2,457,108 $755,829
2014 $34,507 $3,150,000 $2,408,976 $741,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P844451

California Regional Multiple Listing Service (CRMLS)

APN: 489-071-20