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31431 Monterey Street

31431 Monterey Street, Laguna Beach, CA 92651
Property in Coast Royal
Sold Nov 14, 2005
$1,595,000
$548,000 by West One Capital Group Inc
Mortgage Due Feb 01, 2036
Sold Jan 23, 2004
$1,295,000
$777,000 by Wells Fargo Bank Na
Mortgage Due Jan 16, 2014
Local assessors in Laguna Beach, CA have categorized 31431 Monterey Street as a residential type of property. The home was built in 1933 and is 91 years old. The property's lot size has been calculated to be 4,500 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 31431 Monterey Street has a total of 1,434 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 320 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 19, 2005 for $1,595,000. That's $1,112.27 per sqft. Prior to that sales transaction, the property was also sold in Jan 20, 2004 for $1,295,000. 31431 Monterey Street was last assessed in 2023. The total value of the property was assessed at $2,000,727. Specifically, the land the property is located on was valued at $1,936,766. While improvements on the property were assessed at a total of $63,961. 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 $22,047. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1933
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: B
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 320
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,434
  • Gross Building Area: 1,754
  • Building Area: 1,434
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,434
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 702
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 702 BLK LOT 92 TR 702 LOT 92 POR OF LOT AND POR OF OCEAN VIEW ST

Ownership

  • Current Owner : MILLER JOHN C
  • Current Owner 2: MILLER DONNA H
  • Previous Owner : ALEXANDER WILLIAM BLAIR
  • Owner Before Previous Owner: DUNLAP JEFFREY J
  • Owner Before Previous Owner 2: RACKLEY LAYNE S
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Assessors Map Reference: 35-A6
  • Subdivision Tract Number: 702
  • Parcel: 056-031-19
  • Lot: 92
  • Latitude: 33.506
  • Longitude: -117.747

    Address

  • Full Address: 31431 Monterey St
  • Address - House Number: 31431
  • Address - Street Name: Monterey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C035
  • 4-Digit Zip Code: 6963
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,047
  • Tax Rate Code Area: 05-036

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 2,479,005
  • High Value: 2,973,675
  • Low Value: 1,984,335

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: WEST ONE CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,000,727
  • Assessed Land Value: $1,936,766
  • Assessed Improvements Value: $63,961

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2005
  • Current Sale Recording Date: Nov 14, 2005
  • Current Sale Transaction ID: 1039531709
  • Current Sale Price: $1,595,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2005000912408
  • Previous Sale Recording Date: Jan 23, 2004
  • Previous Sale Contract Date: Jan 20, 2004
  • Previous Sale Amount: $1,295,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CLARION MORTGAGE CAPITAL INC
  • First Mortgage Transaction Date: Nov 14, 2005
  • First Mortgage Loan Amount: $1,116,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Dec 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 23, 2004
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $777,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Jan 16, 2014

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Frequently Asked Questions

What neighborhood is 31431 Monterey Street located in?
The 31431 Monterey Street is a located in the neighborhood of Coast Royal in Coast Royal, Laguna Beach.
What is the average sales price for listings in 31431 Monterey Street?
The average sales price for units in 31431 Monterey Street is $0 currently.

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