NOT LISTED FOR SALE

Laguna Beach, CA 92651

Estimated Value: $1,639,000 - $1,849,000

3 Beds
2 Baths
1,448 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $700,000 $483 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $10,085/month

58 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • Fireplace
  • Top Of The World Elementary School Rated A
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of March 2012

Rare location has only a serene canyon across the street and a hilltop preserve in back. Panoramic ocean vistas inside and out. Street level has 2-car garage, entry foyer, 2 large bedrooms, one of which is giant and opens to rear terrace. Up a bright and open staircase are the lofty vaulted open-beam ceilings of the second floor. Here you find a living room opening to front balcony for table, chaises, and BBQ for sunset entertaining. Large separate dining area perfect for holiday gatherings. Kitchen has acres of counter space and generous cabinets. Master suite in back has a redone bathroom, and a wall of glass overlooking the pristine wilderness preserve. Private balcony perfect for a quiet read in the afternoon. Full size washer/dryer closet upstairs. Immaculate condition inside and out. This is not your typical peeping-tom Arch Beach Heights home. Rather, it is a private paradise offering astounding views hills and ocean, front and back. Steps to City park and trails.

Last Agent to Sell the Property

Michael Lambert

Berkshire Hathaway HomeServic License #SSCHWVAN Listed on: 01/16/2012

Last Buyer's Agent

Cathy Carr

Realty One Group West License #00916914

Realty One Group West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,568

Year Built

  • Built in 1976

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 25x96

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Canyon
  • Hills
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,448 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Living Room Balcony
  • Dining Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating

Community Details

  • Fantastic

Listing and Financial Details

  • Legal Lot and Block 0.06 / 64
  • Tax Tract Number 24
  • Assessor Parcel Number 64446112

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,568

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Arch Beach Heights
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64446112
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1448.00
  • Interior Amenities: Cathedral Ceiling(s), Living Room Balcony, Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 483.43
  • Room Type: Foyer

Exterior Features

  • Patio: No
  • View: Canyon, Coastline, Hills, Ocean, Panoramic, Park/Greenbelt
  • Fence: No
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage Door Opener, Guest, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size: 25x96
  • Lot Size Sq Ft: 2400.00
  • Lot Size Acres: 0.0550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2400.0000 Square Feet

Tax Info

  • Tax Block: 64
  • Tax Lot: 0.06
  • Tax Tract Number: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
Feb 28, 2012
Sold by
Prestie Michael
Bought by
Sudhir Karthik
Seller's Agent
Michael Lambert
Berkshire Hathaway HomeServic
Buyer's Agent
Cathy Carr
Realty One Group West
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,774,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,074,407
Avg. Annual Appreciation
7.08%
Original Mortgage
$560,000
Outstanding Balance
$383,946
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$1,390,461

Purchase Details

Closed on
Jan 28, 2005
Sold by
Prestie Michael
Bought by
Prestie Michael and Michael Prestie Jr Trust

Purchase Details

Closed on
Nov 12, 1996
Sold by
Sepko Andrew E and Sepko Karen L
Bought by
Prestie Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

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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
Sudhir Karthik $700,000 Equity Title Orange County-I
Prestie Michael -- --
Prestie Michael $230,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sudhir Karthik $560,000
Previous Owner Prestie Michael $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2012 03/28/12 Sold $700,000 -6.5% $483 / Sq Ft
01/16/2012 01/16/12 For Sale $749,000 -- $517 / 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 $9,568 $879,232 $746,259 $132,973
2024 $9,568 $861,993 $731,627 $130,366
2023 $9,652 $845,092 $717,282 $127,810
2022 $9,417 $828,522 $703,218 $125,304
2021 $9,330 $812,277 $689,429 $122,848
2020 $9,030 $803,949 $682,360 $121,589
2019 $8,986 $788,186 $668,981 $119,205
2018 $8,797 $772,732 $655,864 $116,868
2017 $8,605 $757,581 $643,004 $114,577
2016 $8,425 $742,727 $630,396 $112,331
2015 $8,278 $731,571 $620,927 $110,644
2014 $8,108 $717,241 $608,764 $108,477
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Lambert

    Berkshire Hathaway HomeServic

  • C

    Buyer's Agent in 2012

    Cathy Carr

    Realty One Group West

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S684892

California Regional Multiple Listing Service (CRMLS)

APN: 644-461-12

California Orange County Laguna Beach

92651

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