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31862 8th Avenue

31862 8th Avenue, Laguna Beach, CA 92651
Sold May 26, 2023
$1,950,000
Sold Feb 20, 2015
$1,305,000
$978,750 by Mufg Union Bank Na
Mortgage Due Mar 01, 2045
31862 8th Avenue in Laguna Beach, CA was first built in 1929 and is 95 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 31862 8th Avenue has 701 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. In total, the area measurement of the land is 2,362 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. For those who need parking, there is a garage. The garage is 192 sqft. There is one available parking space. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 31862 8th Avenue was last sold in May 24, 2023 for $1,950,000. According to our calculations, that's $2,781.74 per sqft. Prior to that sales transaction, the property was sold for $1,305,000 in Jan 16, 2015. Current property owners are expected to pay $17,028 in taxes per year. The property on 31862 8th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,507,507. To break that down further, the land itself was valued at $1,481,066. While improvements to the property were assessed at a total of $26,441. 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. 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!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 192
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,362
  • Total Building Area: 701
  • Building Area: 701
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 701
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.054
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 849 BLK LOT 537 TR 849 LOT 537 NWLY 45 FT & NWLY 45 FT NELY 17.5

Ownership

  • Current Owner : RUNAGER SHARON
  • Current Owner 2: HIEMSTRA JAKE
  • Previous Owner : PAQUETTE JACINTHE MARIE
  • Previous Owner 2: PAQUETTE DAVID L
  • Owner Before Previous Owner: CALPAC MORTGAGE FUND LLC
  • Is Owner Occupied: Owner-occupied property
  • 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: 056-145-16
  • Lot: 537
  • Latitude: 33.4996
  • Longitude: -117.739

    Address

  • Full Address: 31862 8th Ave
  • Address - House Number: 31862
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C031
  • 4-Digit Zip Code: 6847
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,028
  • Tax Rate Code Area: 05-035

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 73
  • Final Value: 2,025,626
  • High Value: 2,429,827
  • Low Value: 1,621,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,507,507
  • Assessed Land Value: $1,481,066
  • Assessed Improvements Value: $26,441

    Sales

  • Current Sale Contract Date: May 24, 2023
  • Current Sale Recording Date: May 26, 2023
  • Current Sale Transaction ID: 11907205534
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 124732
  • Previous Sale Recording Date: Feb 20, 2015
  • Previous Sale Contract Date: Jan 16, 2015
  • Previous Sale Amount: $1,305,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Feb 20, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $978,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Mar 01, 2045

About South Laguna Village



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Nearby Rentals

Unit for rent at

$9,100 /mo

  • 3 Beds
  • 3.5 Baths
Listing by Manager
Unit for rent at

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 31862 8th Avenue located in?
The 31862 8th 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 31862 8th Avenue?
The average sales price for units in 31862 8th Avenue is $0 currently.

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