NOT LISTED FOR SALE

951 Summit Dr Laguna Beach, CA 92651

Estimated Value: $2,189,801 - $2,722,000

2 Beds
2 Baths
1,079 Sq Ft
$2,231/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,940,000 $1,798 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,304/month

24 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Landscaped
  • Top Of The World Elementary School Rated A+
  • Living Room

About This Home

As of March 2022

Welcoming spectacular panoramic ocean and Catalina island views from this Laguna Beach residence, all that is missing is your creative imagination. Extending on a 4,750-square-foot homesite, the one-level two-bedroom, two-bath home is ready to be redesigned as your personal dream home. A lower-level storage room with separate entrance with potential to explore further options, a front patio with 180-degree views and driveway that easily accommodates ample guest parking adds to this property’s extensive versatility. Picture you and your friends and loved ones enjoying celebrations and get-togethers in a home that reflects your style and Laguna’s stunning ocean, Catalina, city-light and sunset views from its perch high atop Laguna Beach. Just minutes to the acclaimed beaches and eateries that make Laguna Beach one of the world's most sought-after destinations.

Last Agent to Sell the Property

Meital Taub

Livel Real Estate License #01871040 Listed on: 02/01/2022

Last Buyer's Agent

James Ardery

Compass License #00576041

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 4,750 Sq Ft Lot
  • Landscaped

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Fixer Upper

Interior Spaces

  • 1,079 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Schools

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

Community Details

  • No Home Owners Association
  • Summit Ridge Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 24
  • Assessor Parcel Number 64438203

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Summit Ridge (SR)
  • View: Yes
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64438203
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1079.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1797.96
  • Room Type: Living Room

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

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

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4750.00
  • Lot Size Acres: 0.1090

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Paul J Boschetto Trust
Bought by
Hahn Mark J and Hahn Irene M
Current Estimated Value
$2,406,950

Purchase Details

Listed on
Feb 1, 2022
Closed on
Mar 1, 2022
Sold by
Sheth Urvi
Bought by
Paul J Boschetto Trust and Boschetto
Seller's Agent
Meital Taub
Livel Real Estate
Buyer's Agent
James Ardery
Compass
List Price
$1,995,000
Sold Price
$1,940,000
Premium/Discount to List
-$55,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Jan 21, 2022
Sold by
Kim Choy Trust and Owyang Stephanie
Bought by
Sheth Urvi

Purchase Details

Closed on
Nov 30, 2021
Sold by
Choy Washoe Dat Kim
Bought by
Kim Choy Trust and Owyang

Purchase Details

Closed on
Jun 13, 2013
Sold by
Choy Kim
Bought by
Choy Kim and Kim Choy Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hahn Mark J $1,947,500 Ticor Title
Paul J Boschetto Trust $1,940,000 First American Title
Sheth Urvi $1,380,000 First American Title
Kim Choy Trust -- --
Choy Kim -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,940,000 -2.8% $1,798 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,995,000 -- $1,849 / 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 $21,676 $2,167,209 $1,982,214 $184,995
2024 $21,676 $2,053,942 $1,943,347 $110,595
2023 $21,206 $1,986,450 $1,905,242 $81,208
2022 $14,440 $88,063 $48,491 $39,572
2021 $1,753 $86,337 $47,540 $38,797
2020 $1,814 $85,452 $47,052 $38,400
2019 $1,625 $83,777 $46,129 $37,648
2018 $1,580 $82,135 $45,225 $36,910
2017 $1,531 $80,525 $44,338 $36,187
2016 $1,914 $78,947 $43,469 $35,478
2015 $2,218 $77,762 $42,816 $34,946
2014 $2,078 $76,239 $41,977 $34,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22018790

California Regional Multiple Listing Service (CRMLS)

APN: 644-382-03