Check Availability

31722 Florence Avenue

31722 Florence Avenue, Laguna Beach, CA 92651
Sold Nov 29, 2022
$1,625,000
$828,750 by Mufg Union Bank Na
Mortgage Due Dec 01, 2052
Sold Nov 28, 2016
$1,260,000
$660,000 by West Coast Petroleum Inc
Mortgage
31722 Florence Avenue in Laguna Beach, CA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 31722 Florence Avenue has 1,284 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 410 ft and the linear feet between the front and back of the lot is 410. In total, the area measurement of the land is 2,101 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 31722 Florence Avenue sold most recently in Nov 2, 2022 for a total of $1,625,000. If you work out the math, that's approximately a cost of $1,265.58 per sqft. Before that, the property was also sold for $1,260,000 in Oct 31, 2016. 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 $18,410 in taxes each year. 31722 Florence Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,625,000. If we break it down further, the land itself was valued at $1,568,030. Improvements to the property, however, were assessed at a total of $56,970. 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Building Style: Multifamily
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,101
  • Lot Size Depth Feet: 410
  • Lot Size Frontage Feet: 410
  • Total Building Area: 1,284
  • Gross Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,284
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 849
  • Land Acres: 0.048
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: N TR 849 BLK LOT 277 TR 849 LOT 277 SELY 40 FT NWLY 80 FT NELY 17.5 FT

Ownership

  • Current Owner : BALIAN TAMAR A
  • Previous Owner : BERRI TAREK
  • Owner Before Previous Owner: MALEKI JAMSHID
  • Owner Before Previous Owner 2: MALEKI MARYAM
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Assessors Map Reference: 35-B6
  • Subdivision Tract Number: 849
  • Parcel: 056-103-43
  • Lot: 277
  • Latitude: 33.5022
  • Longitude: -117.743

    Address

  • Full Address: 31722 Florence Ave
  • Address - House Number: 31722
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C037
  • 4-Digit Zip Code: 8285
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,410
  • Tax Rate Code Area: 05-035

    Appraisal Valuation

  • Standard Deviation: 0.3721
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 25
  • Final Value: 1,582,779
  • High Value: 2,171,840
  • Low Value: 993,717

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $828,750
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Nov 29, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $828,750
  • 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: Dec 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,625,000
  • Assessed Land Value: $1,568,030
  • Assessed Improvements Value: $56,970

    Sales

  • Current Sale Contract Date: Nov 02, 2022
  • Current Sale Recording Date: Nov 29, 2022
  • Current Sale Transaction ID: 11899164326
  • Current Sale Price: $1,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 392585
  • Previous Sale Recording Date: Nov 28, 2016
  • Previous Sale Contract Date: Oct 31, 2016
  • Previous Sale Amount: $1,260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Nov 29, 2022
  • First Mortgage Loan Amount: $828,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WEST COAST PETROLEUM INC
  • Previous Mortgage Transaction Date: Nov 28, 2016
  • Previous Mortgage Loan Amount: $660,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South Laguna Village



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 565 Fern Street B, Laguna Beach, CA, 92651

$6,000 /mo

  • 2 Beds
  • 1 Bath
  • 650 ft²
565 Fern Street B #B, Laguna Beach, CA, 92651 Listing by Rosi Sanabria
Unit for rent at 29 Wimbledon Court, Dana Point, CA, 92629

$6,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,357 ft²
29 Wimbledon Court, Dana Point, CA, 92629 Listing by Lee Spath
Unit for rent at 31865 Cypress Lane, Laguna Beach, CA, 92651

$6,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,092 ft²
31865 Cypress Lane, Laguna Beach, CA, 92651 Listing by Todd Davis
Unit for rent at 31513 Eagle Rock Way, Laguna Beach, CA, 92651

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,428 ft²
31513 Eagle Rock Way, Laguna Beach, CA, 92651 Listing by Danielle Purcell

Frequently Asked Questions

What neighborhood is 31722 Florence Avenue located in?
The 31722 Florence Avenue is a located in the neighborhood of South Laguna Village in South Laguna Village, Laguna Beach.
What is the average sales price for listings in 31722 Florence Avenue?
The average sales price for units in 31722 Florence Avenue is $0 currently.

Nearby Counties
Quantcast