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31303 Monterey Street

31303 Monterey Street, Laguna Beach, CA 92651
House in Coast Royal
Sold Nov 03, 2020
$3,245,000
$2,596,000 by Bank Of America Na
Mortgage Due Oct 01, 2051
Sold Apr 28, 2016
$3,430,000
Local assessors in Laguna Beach, CA have categorized 31303 Monterey Street as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 5,700 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 570 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 3 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 31303 Monterey Street has a total of 2,546 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 500 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31303 Monterey Street was last sold in Oct 1, 2020 for $3,245,000. According to our calculations, that's $1,274.55 per sqft. Prior to that sales transaction, the property was sold for $3,430,000 in Apr 8, 2016. Current property owners are expected to pay $35,951 in taxes per year. The property on 31303 Monterey Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,376,098. To break that down further, the land itself was valued at $2,892,106. While improvements to the property were assessed at a total of $483,992. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,368
  • Garage Type: Garage
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,700
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 570
  • Total Building Area: 2,546
  • Gross Building Area: 2,546
  • Building Area: 2,546
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,546
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAILEYS ADD
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 702 BLK LOT 109

Ownership

  • Current Owner : PAN KATIE Q
  • Previous Owner : ASHLEY RICHARD W
  • Previous Owner 2: ASHLEY JENNIFER L
  • Owner Before Previous Owner: 800 ORANGEFAIR LLC

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 042305

Geography

  • Assessors Map Reference: 35-A5
  • Subdivision Tract Number: 702
  • Parcel: 056-020-15
  • Lot: 109
  • Latitude: 33.5083
  • Longitude: -117.75

    Address

  • Full Address: 31303 Monterey St
  • Address - House Number: 31303
  • Address - Street Name: Monterey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C035
  • 4-Digit Zip Code: 6946
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $35,951
  • Tax Rate Code Area: 05-036

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 3,994,377
  • High Value: 4,791,430
  • Low Value: 3,197,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,596,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,596,000
  • 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: $3,376,098
  • Assessed Land Value: $2,892,106
  • Assessed Improvements Value: $483,992

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11796360576
  • Current Sale Price: $3,245,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020000630278
  • Previous Sale Recording Date: Apr 28, 2016
  • Previous Sale Contract Date: Apr 08, 2016
  • Previous Sale Amount: $3,430,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Nov 03, 2020
  • First Mortgage Loan Amount: $2,596,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Coast Royal



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Frequently Asked Questions

What neighborhood is 31303 Monterey Street located in?
The 31303 Monterey Street is a house located in the neighborhood of Coast Royal in Coast Royal, Laguna Beach.
What is the average sales price for listings in 31303 Monterey Street?
The average sales price for units in 31303 Monterey Street is $0 currently.

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