Off MarketRisky Deal9 days on market
31521 Summit Rd
31521 Summit Rd, Laguna Beach, CA 92651, Laguna Beach, CA 92651
$1,695,000
Estimate®:$1,760,000$65,000 Under Market
Listing Price
31521 Summit Rd, Laguna Beach, CA 92651
Loc: Laguna Beach, CA
Days Listed
9
Tax Assessed
$1645k
Estimate®
$1760k
4% Under Valued
Lot Size
2,362 sqft
Rent Estimate
$4,839/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
El Morro Elementary School
K-5
6.2 mi away
8
Thurston Middle School
6-8
3.4 mi away
10
Laguna Beach High School
9-12
3.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Single Family Residence1935Combination, SolarNoneOn Street2,362 sqft9 Days$2,421
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.31%
Total ROI
-12.7%
Cash Flow
$-6,945/mo
DSCR
0.21
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-6,945/mo net cash flow with a 1.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Laguna Beach, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2022-06-13 | Listing removed | $0 | – |
| 2022-06-02 | Listed for rent | $5,700 | $8 |
| 2022-05-11 | Sold | $1,520,000 | $2,171 |
| 2022-04-08 | Pending sale | $1,599,500 | $2,285 |
| 2022-04-08 | Contingent | $1,599,500 | $2,285 |
| 2022-03-23 | Price change | $1,599,500 | $2,285 |
| 2022-03-18 | Listed for sale | $1,720,000 | $2,457 |
| 2022-03-08 | Listing removed | $0 | – |
| 2022-02-25 | Price change | $5,995 | $9 |
| 2022-01-20 | Listed for rent | $6,500 | $9 |
| 2021-08-05 | Sold | $1,045,000 | $1,493 |
| 2003-06-19 | Sold | $525,000 | $750 |
| 2002-11-19 | Sold | $460,000 | $657 |
| 2002-02-27 | Sold | $349,000 | $499 |
| 2001-06-13 | Sold | $360,000 | $514 |
| 1997-09-30 | Sold | $220,000 | $314 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $1,645,296 |
| 2025 | $18,008 | $1,613,036 |
| 2024 | $17,556 | $1,581,408 |
| 2023 | $17,378.74 | $1,550,400 |
| 2022 | $12,130.98 | $1,045,000 |
| 2021 | $8,709.34 | $702,463 |
| 2020 | $8,569.02 | $695,261 |
| 2019 | $8,569.02 | $681,629 |
| 2018 | $8,361.12 | $668,264 |
| 2017 | $8,022.06 | $655,161 |
| 2016 | $8,022.06 | $642,315 |
| 2015 | $7,841.4 | $632,667 |
| 2014 | $7,325.52 | $620,274 |
| 2013 | $0 | $617,471 |
| 2012 | $0 | $605,364 |
| 2011 | $0 | $593,495 |
| 2010 | $0 | $589,060 |
| 2009 | $0 | $561,000 |
| 2008 | $0 | $578,884 |
| 2007 | $0 | $567,534 |
| 2006 | $0 | $556,406 |
| 2005 | $0 | $545,497 |
| 2004 | $0 | $534,801 |
| 2003 | $0 | $460,000 |
| 2002 | $0 | $367,200 |
| 2001 | $2,946.66 | $233,128 |
| 2000 | $2,827.34 | $228,557 |
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