NOT LISTED FOR SALE

Estimated Value: $6,662,000 - $8,590,000

4 Beds
5.5 Baths
3,418 Sq Ft
$2,274/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $5,340,000 $1,562 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $45,995/month

357 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Ocean Side of Freeway

About This Home

As of July 2019

Panoramic ocean and white-water views all the way to Catalina Island from this beautifully designed home. The main level has the "open" floor-plan whereby the living room (with fireplace), kitchen, dining room and dining bar all open to one another - and taking in the views of the Pacific Ocean. The gourmet kitchen features a large eating bar, granite counters, 6-burner range, double sinks, double ovens, double dishwashers plus an additional eating area. The dining area opens to a large front patio that features a fireplace and overlooks the association park and grounds. The main level also features two master suites plus another bedroom with a full bathroom that has been converted into an attractive wood-paneled office. The office opens opens up to the split-level entertaining patio with dramatic sunset views. The upper level is dedicated to another master bedroom with a balcony affording fantastic views of the beach and ocean. The master bathroom has his and her's vanities, shower and a large oval Jacuzzi tub. On the lower level another master bedroom resides along with the laundry area, storage area and safe. The backyard area has the large entertaining patio, a built-in BBQ and small grass area. There is a two car attached garage with epoxy floors and additional storage cabinets.

Last Agent to Sell the Property

Gary Watts

Impact License #00410456 Listed on: 07/07/2018

Last Buyer's Agent

Amanda Horton

Engel & Völkers License #01357096

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,546

Year Built

  • Built in 1996

Lot Details

  • 5,525 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Front Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bluff
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Slate Roof

Interior Spaces

  • 3,418 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Plantation Shutters
  • Living Room with Fireplace
  • Dining Room
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Converted Bedroom
  • Walk-In Closet
  • Dressing Area
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Freeway
  • Balcony
  • Open Patio
  • Outdoor Fireplace
  • Outdoor Grill
  • Front Porch

Location

  • Property is near a park
  • Suburban Location

Schools

  • Laguna Beach High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 970
  • Assessor Parcel Number 05620444

Community Details

Overview

  • Three Arch Bay Association, Phone Number (949) 499-4567

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,546

Year Built

Built in 1996

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: 24 Hour Security, Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620444
  • Year Built: 1996
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3418.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Bar, Block Walls, Built-in Features, Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Outside, Gas Starter
  • Levels: Three Or More
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1562.32
  • Room Type: Converted Bedroom, Dressing Area, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry
  • Window Features: Plantation Shutters, Skylight(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Barbecue Private
  • View: Bluff, Catalina, Coastline, Ocean, Panoramic, Park/Greenbelt, White Water
  • Patio And Porch Features: Patio Open, Front Porch
  • Pool Private: No
  • Roof: Slate
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Built-In Range, Dishwasher, Double Oven, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court
  • Association Fee: 2400.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Association Name: Three Arch Bay
  • Phone: 949-499-4567
  • Senior Community: No
  • Community Features: Suburban

Schools

  • High School: Laguna Beach
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Lawn, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 5525.00
  • Lot Size Acres: 0.1268

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5525.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 41
  • Tax Tract Number: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2018
Closed on
Jul 23, 2019
Sold by
Leonard William and Leonard Judith
Bought by
Davis Kenneth Scott and Davis Elizabeth K
Seller's Agent
Gary Watts
Impact
Buyer's Agent
Amanda Horton
Engel & Völkers
List Price
$6,900,000
Sold Price
$5,340,000
Premium/Discount to List
-$1,560,000
-22.61%
Current Estimated Value
$7,772,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,432,746
Avg. Annual Appreciation
6.19%
Original Mortgage
$3,471,000
Outstanding Balance
$2,997,570
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,775,176

Purchase Details

Closed on
Feb 25, 2003
Sold by
Greer Dudley and Greer Judi
Bought by
Leonard William and Leonard Judith

Purchase Details

Closed on
Dec 6, 1999
Sold by
Frank Darras and Frank Marleen
Bought by
Greer Dudley and Greer Judi

Purchase Details

Closed on
Oct 6, 1995
Sold by
Merchant Raymond J and Merchant Eileen Obrien
Bought by
Darras Frank N and Darras Marleen Borba

Purchase Details

Closed on
Dec 21, 1993
Sold by
Merchant Raymond J and Merchant Eileen Obrient
Bought by
Merchant Raymond J and Merchant Eileen Obrien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.87%
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davis Kenneth Scott $5,340,000 Chicago Title Company
Leonard William $3,800,000 California Title Company
Greer Dudley $2,500,000 Fidelity National Title Co
Darras Frank N $865,000 First American Title Ins Co
Merchant Raymond J -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Kenneth Scott $3,471,000
Previous Owner Merchant Raymond J $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2019 07/30/19 Sold $5,340,000 -9.5% $1,562 / Sq Ft
05/30/2019 05/30/19 Price Changed $5,900,000 -9.2% $1,726 / Sq Ft
03/30/2019 03/30/19 Price Changed $6,500,000 -5.8% $1,902 / Sq Ft
07/07/2018 07/07/18 For Sale $6,900,000 -- $2,019 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $60,546 $5,840,068 $5,105,842 $734,226
2024 $60,546 $5,725,557 $5,005,727 $719,830
2023 $59,021 $5,613,292 $4,907,576 $705,716
2022 $57,792 $5,503,228 $4,811,349 $691,879
2021 $57,457 $5,395,322 $4,717,009 $678,313
2020 $55,670 $5,340,000 $4,668,642 $671,358
2019 $43,879 $4,165,366 $3,658,870 $506,496
2018 $44,062 $4,165,366 $3,658,870 $506,496
2017 $43,993 $4,165,366 $3,658,870 $506,496
2016 $44,093 $4,165,366 $3,658,870 $506,496
2015 $43,184 $4,102,799 $3,603,911 $498,888
2014 $42,409 $4,022,431 $3,533,315 $489,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18160542

California Regional Multiple Listing Service (CRMLS)

APN: 056-204-44