485 Mermaid St #515 Laguna Beach, CA 92651

$209,000 Sold Price as of 06/07/2002

1 Beds
1 Baths
514 Sq.Ft.

Off Market

$209,000 Sold Price as of 06/07/2002 Refinance Your Mortgage

Map preview of 485 Mermaid St #515, Laguna Beach, CA 92651

Property Overview: 485 Mermaid St #515 Laguna Beach, CA has 1 bedrooms, 1 bathrooms, 514 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

485 Mermaid St #515 is currently an off market home in the city of Laguna Beach. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Laguna Beach has a median list price of $4,200,000. The median price per/sqft for Laguna Beach is $1,776. With those numbers in mind, if you are looking to purchase a median priced home in Laguna Beach, CA and put 20% down you will need to save up $840,000 for the down payment and will need roughly $84,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Laguna Beach the commission could be as much as $117,375. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Laguna Beach Agent

Sale History for 485 Mermaid St #515

Last leased for $1,650 on February 7th, 2018

March, 2018
Mar 25, 2018

Date

Expired

CRMLS: LG18038244

$1,650

Price
Mar 22, 2018

Date

Pending

CRMLS: LG18038244

$1,650

Price
Feb 17, 2018

Date

Active

CRMLS: LG18038244

$1,650

Price
Listing provided courtesy of CRMLS

Age 55 & over. The Mermaid condos were developed to provide affordable housing for seniors. Tenant must be age 55 or over and use the condo as his/her principal residence. Condo is close to downtown shopping and dining, Main Beach and senior center. This one bedroom condo, with approximatly 500 square feet of living area, has a spacious living/dining area, bedroom, bath and kitchen. Most appliances and fixtures recently installed as well as new paint and flooring. No refrigerator is provided. Assigned parking spece #724 in open garage off rear alley is a short elevator ride to the condo. Community laundry is conveniently located on the 4th floor. Common area decks with ocean and downtown views are on 4th and 6th floors. Condo floor plan is one of best in building. Location on west side of building reduces noise from Third St., however, tenant should be aware that the condo receives little natural light. Smoking is prohibited in the condo and all common areas. No pets and tenant pays gas and electricity. Heat is from central boiler unit in common area.. Owner is firm about no pets and good credit. No additional storage space comes with condo.

Continue Reading
February, 2018
Feb 8, 2018

Date

Leased

CRMLS: LG17221785

$1,650

Price
Feb 6, 2018

Date

Pending

CRMLS: LG17221785

$1,650

Price
Jan 4, 2018

Date

Price Change

CRMLS: LG17221785

$1,650

Price
Dec 20, 2017

Date

Active

CRMLS: LG17221785

$1,700

Price
Dec 1, 2017

Date

Hold

CRMLS: LG17221785

$1,700

Price
Sep 26, 2017

Date

Active

CRMLS: LG17221785

$1,700

Price
Listing provided courtesy of CRMLS

Age 55 & over. The Mermaid condos were developed to provide affordable housing for seniors. Tenant must be age 55 or over and use the condo as his/her principal residence. Condo is close to downtown shopping and dining, Main Beach and senior center is across the street. This one bedroom condo, with approximately 500 square feet of living area, has a spacious living/dining area, bedroom, bath and kitchen. Most appliances and fixtures recently installed, as well as new paint and flooring. Assigned parking, space #724, in the open garage, off rear alley is a short elevator ride to the condo. Community laundry is conveniently located on 4th floor. Common area decks with ocean and downtown views are on 4th and 6th floors. Condo floor plan is one of best in building. Location on west side of building reduces noise and dust from Third St., however, tenant should be aware that the condo receives little natural light. Smoking is prohibited in the condo and all common areas. No pets and tenant pays gas and electric utilities. Heat is from central boiler unit in common area. Owner is firm about no pets and good credit. No additional storage space comes with condo.

Continue Reading
June, 2002
Jun 7, 2002

Date

Sold (Public Records)

Public Records

$209,000

Price

Tax History for 485 Mermaid St #515

Assessed Value (2020): $282,313

Year	Land Value	Improved Value	Assessed Value
2020	$193,084	$89,229	$282,313

About 485 Mermaid St #515

Detailed summary of property

485 Mermaid St #515 is a condominium in Laguna Beach, CA 92651 and last sold on June 7, 2002 for $209,000. This condo has 1 bedrooms, 1 bathrooms, roughly 514 living square feet, and sits on an approximately -- square foot lot. Homes in Laguna Beach are selling for a median price of $2,347,500 and a median price per square foot of $1,302. Based on Ardent Real Estate Group's Laguna Beach Market Data, this home is sold 91.1% lower than the current median priced home. 485 Mermaid St #515 was last sold on June 7, 2002 for $209,000. Local nearby listings include 1056 Glenneyre St, 806 Temple Hills Dr and 520 Oak St. The average home in Laguna Beach, CA is selling in 94 days. There are currently 204 homes for sale in the Laguna Beach real estate market and 184 of them are single family homes while 18 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 485 Mermaid St #515 Laguna Beach, CA 92651 contact Ardent Real Estate Group and we will put you in touch with one of our Laguna Beach agents.

Public Facts for 485 Mermaid St #515

Public county record property details

Beds: 1
Baths: 1
Year built: 1985
Sq. Ft.: 514
Lot Size: --
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 931-780-89

The source for these homes facts are from public records.

92651 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$4,200,000

Median List Price/Sq.Ft.

$1,795

Median Sold Price

$2,347,500

Median Sold Price/Sq.Ft.

$1,302

Total Inventory

202

Median Sale to List Price %

94.09%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (4.17%), Cash (41.67%), Other (29.17%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote