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615 Short Street

615 Short Street, Laguna Beach, CA 92651
House in The Village
Sold Jun 12, 2019
$2,675,000
$340,000 by Key Bank Na
Mortgage Due Mar 03, 2051
Sold Aug 06, 2014
$2,475,000
$1,980,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2044
Local assessors in Laguna Beach, CA have categorized 615 Short Street as a residential type of property. The home was built in 1937 and is 87 years old. The property's lot size has been calculated to be 5,720 square feet. 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 3 full bathrooms. There are also 3 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 615 Short Street has a total of 2,316 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. The home sources its water from a municipal system. 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 399 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 615 Short Street sold most recently in May 5, 2019 for a total of $2,675,000. If you work out the math, that's approximately a cost of $1,155.01 per sqft. Before that, the property was also sold for $2,475,000 in Jul 9, 2014. 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 $30,350 in taxes each year. 615 Short Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,873,342. If we break it down further, the land itself was valued at $2,691,359. Improvements to the property, however, were assessed at a total of $181,983. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 399
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,720
  • Total Building Area: 2,316
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 870
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 870 BLK LOT 41

Ownership

  • Current Owner : MAHONEY MILES F
  • Current Owner 2: MAHONEY ALISON H
  • Previous Owner : LUCAS ERIC S
  • Previous Owner 2: LUCAS KIM A
  • Owner Before Previous Owner: CORRIGAN BRIAN P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Laguna Beach Unified School District
  • Census Tract: 062605

Geography

  • Assessors Map Reference: 34-E1
  • Subdivision Tract Number: 870
  • Parcel: 644-044-03
  • Lot: 41
  • Latitude: 33.5414
  • Longitude: -117.778

    Address

  • Full Address: 615 Short St
  • Address - House Number: 615
  • Address - Street Name: Short
  • Address - Suffix Type: St
  • State: CA
  • City Name: Laguna Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 2527
  • Zip Code: 92651

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $30,350
  • Tax Rate Code Area: 05-003

    Appraisal Valuation

  • Standard Deviation: 0.2039
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 72
  • Final Value: 3,933,758
  • High Value: 4,736,188
  • Low Value: 3,131,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: KEY BANK NA
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 03, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,873,342
  • Assessed Land Value: $2,691,359
  • Assessed Improvements Value: $181,983

    Sales

  • Current Sale Contract Date: May 05, 2019
  • Current Sale Recording Date: Jun 12, 2019
  • Current Sale Transaction ID: 11613365398
  • Current Sale Price: $2,675,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019000204573
  • Previous Sale Recording Date: Aug 06, 2014
  • Previous Sale Contract Date: Jul 09, 2014
  • Previous Sale Amount: $2,475,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Jun 12, 2019
  • First Mortgage Loan Amount: $1,900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 06, 2014
  • Previous Mortgage Loan Amount: $1,980,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About The Village



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Frequently Asked Questions

What neighborhood is 615 Short Street located in?
The 615 Short Street is a house located in the neighborhood of The Village in The Village, Laguna Beach.
What is the average sales price for listings in 615 Short Street?
The average sales price for units in 615 Short Street is $0 currently.

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