NOT LISTED FOR SALE

Estimated Value: $4,468,000 - $4,886,000

3 Beds
3 Baths
1,850 Sq Ft
$2,523/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $2,650,000 $1,432 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $27,962/month

30 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Ocean Side of Highway 1

About This Home

As of October 2019

This bright and modern turnkey beach cottage has ocean and Catalina Island views—rare for this coveted location and price point in lower Three Arch Bay. An inviting and stylish home that has been extensively remodeled to showcase a completely open living/kitchen/dining great room concept. The spacious and comfortable layout is ideal for entertaining or relaxing with ocean breezes and access to a grassy backyard which is surrounded by vibrant landscaping. Numerous upgraded features include wide plank hardwood floors throughout, voluminous wood beamed ceilings, custom cabinetry, 2 beautiful fireplaces, and an iPad-operated sound system. Thoughtful design makes this seaside sanctuary an efficient primary home or a romantic vacation getaway. The flexible floor plan can live as a single level home with 2 bedrooms/2 bathrooms (including the master suite) on the entry level. The convertible lower living space expands the width of the home as a large 3rd bedroom or can be used as family room or office/guest room combo with a fireplace and 3rd bathroom. A perfect coastal escape on a quiet street with a short stroll to the private beach access and all the wonderful amenities this desirable community has to offer. Truly vacation living every day!

Last Agent to Sell the Property

Donna Pfanner

Pacific Sotheby’s International Realty License #01501488 Listed on: 07/29/2019

Pacific Sotheby’s International Realty

Last Buyer's Agent

Sydney Gielow

Coldwell Banker Realty License #00911960

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,683

Year Built

  • Built in 2010 | Remodeled

Lot Details

  • 4,000 Sq Ft Lot
  • Property fronts a private road
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard

HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway
  • Parking Permit Required
  • Controlled Entrance

Property Views

  • Ocean
  • Catalina

Home Design

  • Custom Home
  • Cottage
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Sliding Doors
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Self-Cleaning Convection Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Bathrooms
  • Heated Floor in Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1

Schools

  • El Morro Elementary School
  • Thurston Middle School
  • Laguna Beach High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 164
  • Tax Tract Number 971
  • Assessor Parcel Number 05620347

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,683

Year Built

Built in 2010 | Remodeled

Lot Details

0

HOA Fees

$273 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer/dryer
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Cottage, Custom Built
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620347
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1850.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Stone Counters, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1432.43
  • Room Type: Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Shower, Double Sinks In Master Bath, Heated Floor, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Catalina, Ocean, Water
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Driveway, Garage, Permit Required, Private
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Self Cleaning Oven, Convection Oven, Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Clubhouse, Guard, Controlled Access
  • Association Fee: 2500.00
  • 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: Curbs, Storm Drains
  • Association Management: Three Arch Bay

Schools

  • School District: Laguna Beach Unified
  • Elementary School: El Morro
  • Middle School: Thurston
  • High School: Laguna Beach
  • Elementary School: El Morro
  • High School: Laguna Beach
  • Middle Or Junior School: Thurston
  • Elementary School #2: ELMOR
  • High School2: LAGBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Sprinkler System, Yard
  • Lot Size Sq Ft: 4000.00
  • Lot Size Acres: 0.0918

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4000.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 164
  • Tax Tract Number: 971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Sep 10, 2019
Sold by
Hipshman Jeffrey
Bought by
Mcdonnell Carol Ann
Seller's Agent
Donna Pfanner
Pacific Sotheby’s International Realty
Buyer's Agent
Sydney Gielow
Coldwell Banker Realty
List Price
$2,999,999
Sold Price
$2,650,000
Premium/Discount to List
-$349,999
-11.67%
Current Estimated Value
$4,550,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,900,553
Avg. Annual Appreciation
9.58%
Original Mortgage
$750,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Swartz Larry and Swartz Diane
Bought by
Hipshman Jeffrey and The Lawrence Alan Swartz Personal Reside

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Overman Laurel
Bought by
Hipshman Jeffrey and Lawrence Alan Swartz Personal Residence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 15, 2009
Sold by
Overman Laurel and Salant Steven
Bought by
Overman Laurel and Laurel Overman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2007
Sold by
Mitchell Lois A
Bought by
Mitchell Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
7.42%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 4, 2006
Sold by
Mitchell Lois A
Bought by
Mitchell Lois A and The Lois A Mitchell Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mcdonnell Carol Ann $2,650,000 Chicago Title Company
Hipshman Jeffrey -- First American Title Co
Swartz Larry -- First American Title Co
Hipshman Jeffrey $1,400,000 Equity Title Orange County-I
Overman Laurel -- North American Title Company
Mitchell Lois A -- Alliance Title Company
Mitchell Lois A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonnell Carol Ann $737,000
Closed Mcdonnell Carol Ann $750,000
Previous Owner Swartz Larry $1,485,000
Previous Owner Hipshman Jeffrey $500,000
Previous Owner Hipshman Jeffrey $150,000
Previous Owner Hipshman Jeffrey $550,000
Previous Owner Overman Laurel $217,000
Previous Owner Mitchell Lois A $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $2,650,000 -11.7% $1,432 / Sq Ft
09/06/2019 09/06/19 For Sale $2,999,999 +13.2% $1,622 / Sq Ft
08/28/2019 08/28/19 Off Market $2,650,000 -- --
08/28/2019 08/28/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $3,000,000 -- $1,622 / 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
2024 $30,683 $2,841,335 $2,565,650 $275,685
2023 $30,233 $2,785,623 $2,515,343 $270,280
2022 $29,467 $2,731,003 $2,466,022 $264,981
2021 $28,983 $2,677,454 $2,417,668 $259,786
2020 $28,629 $2,650,000 $2,392,877 $257,123
2019 $19,229 $1,729,640 $1,480,383 $249,257
2018 $18,810 $1,695,726 $1,451,356 $244,370
2017 $18,468 $1,662,477 $1,422,898 $239,579
2016 $18,018 $1,629,880 $1,394,998 $234,882
2015 $17,536 $1,605,398 $1,374,044 $231,354
2014 $17,232 $1,573,951 $1,347,128 $226,823
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19176595

California Regional Multiple Listing Service (CRMLS)

APN: 056-203-47