NOT LISTED FOR SALE

980 N Coast Hwy Laguna Beach, CA 92651

North Laguna Neighborhood

Estimated Value: $2,528,553

0.2 Acre
$12,966,938 Price per Acre
8,489 Sq Ft Lot

Last Sold May 08, 2012

Last sale price $900,000

Est. 181% increase in value since last sale

Current estimated payment $14,690/month

362 Days on Market

Highlights

  • Ocean View
  • Ocean Side of Freeway
  • Paved or Partially Paved Lot
  • El Morro Elementary School Rated A+

About This Lot

As of May 2012

Prime corner lot on N. Pacific Coat Hwy. Property comes with City approved plans for a 4,000+ square foot office building with retail & office space with plenty of parking. Building was designed by renowned architect Paul McClean. This state of the art building is fully approved. Just a small handfull of new buildings recently approved in North Laguna Beach. Building offers 'Green Certification' with ocean views and ample parking. Complete plans are available for viewing.

Last Agent to Sell the Property

Nicholas Jordan

Nicholas P. Jordan, Broker License #01145562 Listed on: 05/04/2011

Last Buyer's Agent

Nicholas Jordan

Nicholas P. Jordan, Broker License #01145562 Listed on: 05/04/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,226

Lot Details

  • 8,489 Sq Ft Lot
  • Lot Dimensions are 80 x 112.5 x 75.4
  • Paved or Partially Paved Lot
  • Property is zoned COMM

Property Views

  • Ocean
  • Catalina

Additional Features

  • Ocean Side of Freeway
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 13 / I
  • Tax Tract Number 481
  • Assessor Parcel Number 05314413

Property Details

Property Type

Land

Est. Annual Taxes

$12,226

Lot Details

0

Listing Details

  • Assessments: Yes
  • Possible Use Comments: City approved plans for building w/office & retail space w/parking
  • Subdivision Name Other: Custom
  • Survey: Survey Done
  • View: Yes
  • Zoning: COMM
  • Property Type: Land
  • Parcel Number: 05314413
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 106.02

Exterior Features

  • View: Catalina, Ocean

Utilities

  • Utilities: Sewer Connected
  • Electric: Electricity - On Property
  • Sewer: Sewer Paid
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Current Geological: Yes
  • Lot Features: Paved
  • Lot Size: 80 x 112.5 x 75.4
  • Lot Size Sq Ft: 8489.00
  • Lot Size Acres: 0.1950

Multi Family

  • Lot Size Area: 8489.0000 Square Feet
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • Tax Area: 05003
  • Tax Block: I
  • Tax Lot: 13
  • Tax Tract Number: 481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2011
Closed on
May 7, 2012
Sold by
980 Nch Llc
Bought by
980 Nl Partners Llc
Seller's Agent
Nicholas Jordan
Nicholas P. Jordan, Broker
Buyer's Agent
Nicholas Jordan
Nicholas P. Jordan, Broker
List Price
$1,495,000
Sold Price
$900,000
Premium/Discount to List
-$595,000
-39.8%
Current Estimated Value
$2,528,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,628,553
Avg. Annual Appreciation
8.05%

Purchase Details

Closed on
Jun 25, 2007
Sold by
Mckillen Patrick and Mckillen Dean
Bought by
980 Nch Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2006
Sold by
Mas Investments Lp
Bought by
Mckillen Patrick and Mckillen Dean

Purchase Details

Closed on
Nov 22, 2006
Sold by
Steiner Michael A and Price Steiner Cherie
Bought by
Mas Investments Lp

Purchase Details

Closed on
Oct 4, 1994
Sold by
Atlantic Richfield Company
Bought by
Steiner Michael A and Steiner Cherie
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
980 Nl Partners Llc $900,000 Western Resources Title Co
980 Nch Llc -- Fnt
Mckillen Patrick $1,300,000 Fidelity National Title Co
Mas Investments Lp -- Accommodation
Steiner Michael A $150,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 980 Nch Llc $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2012 05/08/12 Sold $900,000 -39.8% --
04/30/2012 04/30/12 Pending -- -- --
05/04/2011 05/04/11 For Sale $1,495,000 -- --
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
2025 $12,226 $1,130,444 $1,117,889 $12,555
2024 $12,226 $1,108,279 $1,095,970 $12,309
2023 $11,915 $1,086,549 $1,074,481 $12,068
2022 $11,658 $1,065,245 $1,053,413 $11,832
2021 $11,403 $1,044,358 $1,032,758 $11,600
2020 $11,243 $1,033,650 $1,022,168 $11,482
2019 $11,034 $1,013,383 $1,002,126 $11,257
2018 $10,806 $993,513 $982,476 $11,037
2017 $10,577 $974,033 $963,212 $10,821
2016 $10,360 $954,935 $944,326 $10,609
2015 $10,189 $940,591 $930,141 $10,450
2014 $9,980 $922,167 $911,921 $10,246
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nicholas Jordan

    Nicholas P. Jordan, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: L35942

California Regional Multiple Listing Service (CRMLS)

APN: 053-144-13

California Orange County Laguna Beach 92651 North Laguna

980 N Coast Hwy, Laguna Beach, CA

This home is located at 980 N Coast Hwy, Laguna Beach, CA 92651 since 04 May 2011 and is currently estimated at $2,528,553. 980 N Coast Hwy is a home located in Orange County with nearby schools including El Morro Elementary School, Thurston Middle School, and Laguna Beach High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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