See Home Value
$3,250,665*
House - Off Market

389 Cress Street

Laguna Beach, CA 92651
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1768 Sqft
$2,876,000 - $3,514,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
Sold Jun 13, 2001
$585,000
$160,000 by Equity Wave Lending
Mortgage
Sold Dec 19, 1996
$289,000
$150,000 by La Salle Bank Fsb
Mortgage Due Jan 01, 2027

About This Property

Fantastic opportunity to enjoy all Laguna Beach has to offer. This modern farmhouse, Laguna cottage style home is an idyllic setting, only two blocks from the best beaches, Laguna Village restaurants, HIP district shops and beautiful parks. In the summertime, hop of the trolley to Downtown Laguna, Sawdust Festival, walk to Bluebird park for music festival. Year round, unwind on your wrap around, ocean view deck to see world class sunsets and sunrise over the hillside views. The home was converted and upgraded with open concept living spaces downstairs and upstairs. There is also a finished loft that could be used as a flex space.All of the views of the ocean, hills, pool sized private yard and rose gardens can be taken in with wall to wall sliders and windows. This home is the perfect location to soak up Laguna Beach's best features on a large corner lot giving pricelss space, privacy, 2 car garage and 3 parking spots in the driveway! Two main bedrooms that each open to the wrap around deck and have a full bathroom. Spacious living area upstairs with beautiful vaulted, wood beamed ceilings (can be convested back to an third bedroom) and built in office area with it's own patio access.Downstairs is light and bright with fully equipped stainless steel chef's kitchen, offering extra pantries, glass cabinetry, lots of storage and 6 burner  range built into the island open to dining area and large living room. French doors that overflow to the rose gardens and patios. Great for entertaining all of your friends and family! Guest powder room downstairs for convenience.Over $100K in recent improvements, exterior and interior of the home is freshly painted, brand new deck and many more features.

The manager has listed the unit size as 1768 square feet.
Unit Size
1,768Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$1,807
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969

Price History

Date / Event Date Event Price
Apr 25, 2023 No longer available -
No longer available
Nov 11, 2022 Price Decreased $3,195,000
↓ $155K (4.6%)
Price Decreased
Nov 6, 2022 Relisted $3,350,000
Relisted
Oct 25, 2022 In contract -
In contract
Oct 19, 2022 Price Decreased $3,350,000
↓ $148K (4.2%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,250
  • Total Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,768
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAGUNA HEIGHTS #3
  • Land Acres: 0.075
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A TR LAGUNA HEIGHTS # 3 BLK E LOT 16 LAGUNA HEIGHTS # 3 LOT 16 BLK E NELY1/2(AND

Ownership

  • Current Owner : PHILLIPS ALEXANDRIA C
  • Previous Owner : CROPSEY PETER C
  • Previous Owner 2: CROPSEY ELIZABETH
  • Owner Before Previous Owner: WALTER NISBET
  • Owner Before Previous Owner 2: WALTER NORMA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 34-E2
  • Subdivision Tract Number: 415
  • Parcel: 644-201-04
  • Block: E
  • Lot: 16
  • Latitude: 33.5332
  • Longitude: -117.774

    Address

  • Full Address: 389 Cress St
  • Address - House Number: 389
  • Address - Street Name: Cress
  • Address - Suffix Type: St
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 3123
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,839
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.0506
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 99
  • Final Value: 2,973,078
  • High Value: 3,123,600
  • Low Value: 2,822,556

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: EQUITY WAVE LENDING
  • First Open Lien Mortgage Recording Date: Sep 26, 2016
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $847,269
  • Assessed Land Value: $700,847
  • Assessed Improvements Value: $146,422

    Sales

  • Current Sale Contract Date: Apr 10, 2001
  • Current Sale Recording Date: Jun 13, 2001
  • Current Sale Transaction ID: 1035359217
  • Current Sale Price: $585,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20010389331
  • Previous Sale Recording Date: Dec 19, 1996
  • Previous Sale Contract Date: Oct 29, 1996
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WORTH FUNDING INC
  • First Mortgage Transaction Date: Jun 13, 2001
  • First Mortgage Loan Amount: $468,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2031
  • Second Mortgage Loan Amount: $117,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LA SALLE BANK FSB
  • Previous Mortgage Transaction Date: Dec 19, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2027



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,472 ft²
$2,004/ft²
$2,950,000 Apr 8, 2022
-
-
House
4 Beds
3 Baths
2,047 ft²
$1,659/ft²
$3,395,000 Nov 1, 2022
-
-
House
3 Beds
2.5 Baths
2,694 ft²
$1,075/ft²
$2,895,000 Dec 7, 2022
-
-
House
4 Beds
4 Baths
2,644 ft²
$1,246/ft²
$3,295,000 Mar 29, 2022
-
-
House
2 Beds
2 Baths
1,056 ft²
$2,604/ft²
$2,750,000 Oct 26, 2022
-
-

About The Village


Similar Homes for Sale

Unit for sale at 390 Mountain Road, Laguna Beach, CA 92651

$2,750,000

  • 2 Beds
  • 2 Baths
  • 1,056 ft²
390 Mountain Road, Laguna Beach, CA 92651 Listing by Kelly Perkins
Unit for sale at 1369 Bluebird Canyon Drive, Laguna Beach, CA 92651

$2,895,000

  • 3 Beds
  • 2.5 Baths
  • 2,694 ft²
1369 Bluebird Canyon Drive, Laguna Beach, CA 92651 Listing by Michael Johnson
Unit for sale at 865 Fen Way, Laguna Beach, CA 92651

$3,395,000

  • 4 Beds
  • 3 Baths
  • 2,047 ft²
865 Fen Way, Laguna Beach, CA 92651 Listing by Aleksandra Korfanty

Nearby Rentals

Unit for rent at 680 Anita Street, Laguna Beach, CA, 92651

$5,995 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
680 Anita Street, Laguna Beach, CA, 92651 Listing by Melissa Wiesen
Unit for rent at 448 Linden Street, Laguna Beach, CA, 92651

$10,000 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,927 ft²
448 Linden Street, Laguna Beach, CA, 92651 Listing by Geoff Dunlevie
Unit for rent at 464 Bent Street, Laguna Beach, CA, 92651

$3,900 /mo

  • 1 Bed
  • 1 Bath
  • 400 ft²
464 Bent Street #C, Laguna Beach, CA, 92651 Listing by Robert Karkoska


Frequently Asked Questions

When was property at 389 Cress Street built and last sold?
The property at 389 Cress Street was built in 1969 and last sold on Apr 10, 2001 for $585,000.
How much is this home worth?
The estimated value of the home located at 389 Cress Street is $3,226,950.
What are some comparable homes to 389 Cress Street?
Homes that are comparable to 389 Cress Street include a house property at 865 Fen Way, 1369 Bluebird Canyon Drive, 390 Mountain Road.

Nearby Counties
Quantcast