485 Mermaid St #518 Laguna Beach, CA 92651

$264,000 Sold Price as of 07/19/2017

1 Beds
1 Baths
436 Sq.Ft.

Off Market

$264,000 Sold Price as of 07/19/2017 Refinance Your Mortgage

Map preview of 485 Mermaid St #518, Laguna Beach, CA 92651

Property Overview: 485 Mermaid St #518 Laguna Beach, CA has 1 bedrooms, 1 bathrooms, 436 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 #518 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 #518

Last leased for $1,700 on September 12th, 2017

September, 2017
Sep 12, 2017

Date

Leased

CRMLS: LG17201800

$1,700

Price
Aug 31, 2017

Date

Active

CRMLS: LG17201800

$1,700

Price
Listing provided courtesy of CRMLS

Fantastic Downtown Location! No need for a car. Small but cute and fully functional condo for seniors 55 years or older. 1bd/1ba, full kitchen, gated access, underground gated parking,elevator. Kitty corner to Laguna Beach Community Center.

Continue Reading
July, 2017
Jul 19, 2017

Date

Sold (Public Records)

Public Records

$264,000

Price
July, 2017
Jul 17, 2017

Date

Pending

CRMLS: LG17137909

$264,000

Price
Jul 15, 2017

Date

Active Under Contract

CRMLS: LG17137909

$264,000

Price
Jun 18, 2017

Date

Pending

CRMLS: LG17137909

$264,000

Price
Jun 18, 2017

Date

Active

CRMLS: LG17137909

$264,000

Price
Listing provided courtesy of CRMLS

One bedroom, one bath condo downtown Laguna Beach. Senior living complex with CC&R's restricting age, income, sale and rental prices and condo to be occupants primary residence.

Continue Reading
March, 2012
Mar 1, 2012

Date

Sold (Public Records)

Public Records

$253,000

Price

Tax History for 485 Mermaid St #518

Assessed Value (2020): $274,665

Year	Land Value	Improved Value	Assessed Value
2020	$213,878	$60,787	$274,665

About 485 Mermaid St #518

Detailed summary of property

485 Mermaid St #518 is a condominium in Laguna Beach, CA 92651 and last sold on July 19, 2017 for $264,000. This condo has 1 bedrooms, 1 bathrooms, roughly 436 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 88.75% lower than the current median priced home. 485 Mermaid St #518 was last sold on July 19, 2017 for $264,000. 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 #518 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 #518

Public county record property details

Beds: 1
Baths: 1
Year built: 1985
Sq. Ft.: 436
Lot Size: --
Stories: --

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Orange
Lot#: --
APN: 931-780-92

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