NOT LISTED FOR SALE

Estimated Value: $7,140,000 - $9,092,112

4 Beds
3 Baths
1,550 Sq Ft
$5,316/Sq Ft Est. Value

Last Sold August 13, 2013

Last sale price $7,850,000 $5,065 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $53,142/month

Highlights

  • White Water Ocean Views
  • Gated Community
  • Clubhouse
  • El Morro Elementary School Rated A+
  • 0.31 Acre Lot
  • Maid or Guest Quarters

About This Home

As of August 2013

Original beach cottage located at the end on a cul-de-sac on a large flat lot. Panoramic views of Three Arch Bay beach, Catalina Island and the lights of the coastline to the north. Walk to the private sandy beach. Enjoy the convenient Association recreational facilities. The 4th bedroom is off the garage and could be an office or guest quarters.

Last Agent to Sell the Property

Swift Torrance

Coldwell Banker Realty License #00541994 Listed on: 07/30/2013

Coldwell Banker Realty

Last Buyer's Agent

Charles Aufhammer

Berkshire Hathaway HomeServices California Properties License #00708774

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,182

Year Built

  • Built in 1942

Lot Details

  • 0.31 Acre Lot
  • Northwest Facing Home
  • Block Wall Fence

HOA Fees

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Cottage
  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Plaster

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Casement Windows
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot RS
  • Tax Tract Number 508
  • Assessor Parcel Number 05619342

Community Details

Overview

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

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,182

Year Built

Built in 1942

Lot Details

0

HOA Fees

$248 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Zoning: r-1
  • Architectural Style: Cottage
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05619342
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1550.00
  • Interior Amenities: Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 120.00
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 5064.52
  • Room Type: Basement, All Bedrooms Down, Guest/Maid's Quarters
  • Window Features: Casement Windows

Exterior Features

  • Patio: Yes
  • Direction Faces: Northwest
  • Foundation: Raised
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association: TAB District
  • Amenities: Barbecue, Clubhouse, Fire Pit, Outdoor Cooking Area, Picnic Area, Playground, Sport Court, Tennis Court(s)
  • Association Fee: 2200.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Association Name: Three Arch Bay
  • Phone: 949-499-4567
  • Association Phone #2: 949-499-4567
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Bluff
  • Lot Size: Irreg
  • Lot Size Sq Ft: 13504.00
  • Lot Size Acres: 0.3100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13504.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: RS
  • Tax Tract Number: 00508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2013
Closed on
Jul 16, 2013
Sold by
Galloway William J and Galloway Brenda L
Bought by
Atlas & Compass Real Estate Ventures Llc
Seller's Agent
Swift Torrance
Coldwell Banker Realty
Buyer's Agent
Charles Aufhammer
Berkshire Hathaway HomeServices California Properties
List Price
$7,950,000
Sold Price
$7,850,000
Premium/Discount to List
-$100,000
-1.26%
Current Estimated Value
$8,239,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,028
Avg. Annual Appreciation
0.10%
Original Mortgage
$3,525,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 1998
Sold by
Galloway William J and Galloway Brenda L
Bought by
Galloway William J and Galloway Brenda L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Atlas & Compass Real Estate Ventures Llc $7,850,000 Equity Title Orange County-I
Galloway William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas & Compass Real Estate Ventures Llc $3,405,000
Closed Atlas & Compass Real Estate Ventures Llc $3,525,000
Previous Owner Galloway William J $625,500
Previous Owner Galloway William J $1,000,000
Previous Owner Galloway William J $290,000
Previous Owner Galloway William J $300,700
Previous Owner Galloway William J $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2013 08/13/13 Sold $7,850,000 -1.3% $5,065 / Sq Ft
07/30/2013 07/30/13 For Sale $7,950,000 -- $5,129 / 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 $100,182 $9,623,024 $9,508,317 $114,707
2024 $100,182 $9,434,338 $9,321,880 $112,458
2023 $96,680 $9,249,351 $9,139,098 $110,253
2022 $94,526 $9,067,992 $8,959,900 $108,092
2021 $92,954 $8,890,189 $8,784,216 $105,973
2020 $91,783 $8,799,032 $8,694,145 $104,887
2019 $90,007 $8,626,502 $8,523,671 $102,831
2018 $88,212 $8,457,355 $8,356,540 $100,815
2017 $86,365 $8,291,525 $8,192,686 $98,839
2016 $84,677 $8,128,947 $8,032,046 $96,901
2015 $83,166 $8,006,843 $7,911,397 $95,446
2014 $81,654 $7,850,000 $7,756,423 $93,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG13152026

California Regional Multiple Listing Service (CRMLS)

APN: 056-193-42