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2875 Bernard Court

2875 Bernard Court, Laguna Beach, CA 92651
Property in Top of the World
Sold Sep 20, 2021
$3,650,000
$2,450,000 by United Wholesale Mortgage
Mortgage Due Oct 01, 2051
Sold May 21, 2015
$1,875,000
$1,800,000 by Crosswind Venture Fund Ii Lp
Mortgage
Local assessors in Laguna Beach, CA have categorized 2875 Bernard Court as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2875 Bernard Court has a total of 3,028 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 370 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The home's a heating system is the primary heating source. The property was last sold in Sep 15, 2021 for $3,650,000. That's $1,205.42 per sqft. Prior to that sales transaction, the property was also sold in May 11, 2015 for $1,875,000. 2875 Bernard Court was last assessed in 2023. The total value of the property was assessed at $3,723,000. Specifically, the land the property is located on was valued at $3,359,275. While improvements on the property were assessed at a total of $363,725. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $38,880. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 370
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,028
  • Gross Building Area: 3,028
  • Building Area: 3,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1954
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1954 BLK LOT 40

Ownership

  • Current Owner : HOUDEK THOMAS
  • Current Owner 2: HOUDEK KELLY
  • Previous Owner : SHETH URVI
  • Owner Before Previous Owner: PIVOTAL CAPITAL GROUP II LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Assessors Map Reference: 35-A1
  • Subdivision Tract Number: 1954
  • Parcel: 641-134-09
  • Lot: 40
  • Latitude: 33.5443
  • Longitude: -117.756

    Address

  • Full Address: 2875 Bernard Ct
  • Address - House Number: 2875
  • Address - Street Name: Bernard
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C010
  • 4-Digit Zip Code: 2076
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $38,880
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 74
  • Final Value: 4,153,840
  • High Value: 4,942,963
  • Low Value: 3,364,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,450,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $2,450,000
  • 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: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,723,000
  • Assessed Land Value: $3,359,275
  • Assessed Improvements Value: $363,725

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11856669789
  • Current Sale Price: $3,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021000582886
  • Previous Sale Recording Date: May 21, 2015
  • Previous Sale Contract Date: May 11, 2015
  • Previous Sale Amount: $1,875,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $2,450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CROSSWIND VENTURE FUND II LP
  • Previous Mortgage Transaction Date: May 21, 2015
  • Previous Mortgage Loan Amount: $1,800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Top of the World



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Frequently Asked Questions

What neighborhood is 2875 Bernard Court located in?
The 2875 Bernard Court is a located in the neighborhood of Top of the World in Top of the World, Laguna Beach.
What is the average sales price for listings in 2875 Bernard Court?
The average sales price for units in 2875 Bernard Court is $0 currently.

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