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2541 Park Avenue

2541 Park Avenue, Laguna Beach, CA 92651
Sold May 31, 2013
$2,100,000
$500,000 by Rpm Mortgage Inc
Mortgage Due Jul 01, 2043
Sold Aug 19, 2003
$1,585,000
$650,500 by Indymac Bank Fsb
Mortgage Due Sep 01, 2033
2541 Park Avenue has been categorized by the local assessors in Laguna Beach, CA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 2541 Park Avenue has 3,491 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 710 sqft. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2541 Park Avenue sold most recently in Mar 4, 2013 for a total of $2,100,000. If you work out the math, that's approximately a cost of $601.55 per sqft. Before that, the property was also sold for $1,585,000 in Jul 15, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $29,102 in taxes each year. 2541 Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,757,060. If we break it down further, the land itself was valued at $1,818,852. Improvements to the property, however, were assessed at a total of $938,208. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 710
  • Parking Space Count: 3
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 23,000
  • Total Building Area: 3,491
  • Building Area: 3,491
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,491
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.528
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 10044 BLK LOT 9

Ownership

  • Current Owner : MOGHAREBI KERRY L
  • Current Owner 2: THE KERRY L MOGHAREBI LIVING TRUST
  • Previous Owner : VAIL GREGORY H
  • Previous Owner 2: VAIL ADALYN E
  • Owner Before Previous Owner: THOMPSON PATRICK MCAFEE
  • Owner Before Previous Owner 2: THOMPSON ERICA ANNE
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062619

Geography

  • Assessors Map Reference: 33-F6
  • Subdivision Tract Number: 10044
  • Parcel: 641-452-03
  • Lot: 9
  • Latitude: 33.5508
  • Longitude: -117.76

    Address

  • Full Address: 2541 Park Ave
  • Address - House Number: 2541
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C032
  • 4-Digit Zip Code: 2221
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $29,102
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 4,561,014
  • High Value: 5,427,490
  • Low Value: 3,694,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: RPM MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 10, 2013
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,757,060
  • Assessed Land Value: $1,818,852
  • Assessed Improvements Value: $938,208

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2013
  • Current Sale Recording Date: May 31, 2013
  • Current Sale Transaction ID: 1143812672
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013000329095
  • Previous Sale Recording Date: Aug 19, 2003
  • Previous Sale Contract Date: Jul 15, 2003
  • Previous Sale Amount: $1,585,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Aug 19, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $650,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2033

About Park Avenue Estates



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Frequently Asked Questions

What neighborhood is 2541 Park Avenue located in?
The 2541 Park Avenue is a located in the neighborhood of Park Avenue Estates in Park Avenue Estates, Laguna Beach.
What is the average sales price for listings in 2541 Park Avenue?
The average sales price for units in 2541 Park Avenue is $0 currently.

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