NOT LISTED FOR SALE

Estimated Value: $3,284,000 - $4,410,000

4 Beds
4 Baths
4,000 Sq Ft
$944/Sq Ft Est. Value

Last Sold May 25, 2012

Last sale price $1,200,000 $300 Per Sq Ft

Est. 215% increase in value since last sale

Current estimated payment $22,480/month

About This Home

As of May 2012

Situated atop one of Laguna Beach's most elevated vantage points, this Arch Beach Heights residence boasts unparalleled Pacific Ocean vistas. Revel in the never-ending panoramas of the ocean, crashing whitewater, the enchanting Catalina Island, breathtaking sunsets, and the mesmerizing city lights from the expansive living spaces and multiple viewing decks of this 4-bedroom, 4-bathroom home. This design seamlessly blends the living, dining, and kitchen areas, all of which are graced by magnificent ocean views, creating an ideal setting for both casual gatherings and sophisticated entertaining. A cozy fireplace enhances the ambiance of this space, which effortlessly extends to a view-filled terrace. The kitchen is thoughtfully designed to be the heart of the home, allowing guests to come together, socialize, and cook while soaking in the endless views. Descending to the lower level, you'll discover a spacious family/media room complete with a convenient wet bar and access to a secluded patio, providing the perfect spot for relaxation and entertainment. The master suite is a true sanctuary, featuring its own private balcony with stunning views and an ensuite bathroom. For your convenience, an attached 2-car garage and an adjacent driveway offer ample guest parking. Moreover, this exceptional property is ideally located close to Moulton Meadows Park, where hiking trails and tennis courts beckon, while Laguna Beach's renowned restaurants, galleries, beaches, and shops are just a stone's throw away. Discover a lifestyle like no other in this extraordinary coastal home.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2013
Sold by
Maddahian Ali
Bought by
Maddahian Ali
Current Estimated Value
$3,777,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Outstanding Balance
$412,451
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$3,365,539

Purchase Details

Listed on
Feb 6, 2012
Closed on
May 1, 2012
Sold by
Saremi Lila
Bought by
Maddahian Ali
Seller's Agent
Sevim Canli
HomeSmart, Evergreen Realty
Buyer's Agent
Curtiss Alderson
Rob Rodgers, Broker
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$600,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Eden Melvin R and Eden Angela C
Bought by
Saremi Lila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2002
Sold by
Farrand Howard W
Bought by
Eden Melvin R and Eden Angie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.78%

Purchase Details

Closed on
Jan 16, 1996
Sold by
Farrand Howard and Farrand Nancy
Bought by
Farrand Howard W

Range of Values:

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Average Value
Not Available
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
Maddahian Ali -- First American Title Company
Maddahian Ali -- Stewart Title
Saremi Lila $1,900,000 Equity Title Company
Eden Melvin R $853,500 Stewart Title
Farrand Howard W -- --
Farrand Howard W -- --
Farrand Howard W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maddahian Ali $582,000
Closed Maddahian Ali $600,000
Previous Owner Saremi Lila $175,000
Previous Owner Saremi Lila $1,425,000
Previous Owner Eden Melvin R $442,000
Previous Owner Eden Melvin R $446,550
Previous Owner Eden Melvin R $448,000
Previous Owner Eden Melvin R $449,200
Previous Owner Eden Melvin R $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Rented $7,495 0.0% --
11/28/2023 11/28/23 Price Changed $7,495 -6.3% $2 / Sq Ft
10/18/2023 10/18/23 Price Changed $7,995 -5.9% $2 / Sq Ft
10/09/2023 10/09/23 Price Changed $8,495 -5.6% $2 / Sq Ft
09/18/2023 09/18/23 Price Changed $8,995 -5.3% $2 / Sq Ft
09/07/2023 09/07/23 For Rent $9,500 +5.6% --
06/08/2022 06/08/22 Rented $8,995 0.0% --
05/05/2022 05/05/22 Price Changed $8,995 -10.0% $2 / Sq Ft
03/29/2022 03/29/22 For Rent $9,995 +49.2% --
01/26/2021 01/26/21 Rented $6,700 0.0% --
12/15/2020 12/15/20 For Rent $6,700 +19.6% --
03/31/2020 03/31/20 Rented $5,600 0.0% --
03/19/2020 03/19/20 Price Changed $5,600 -6.7% $1 / Sq Ft
03/07/2020 03/07/20 Price Changed $6,000 -7.7% $2 / Sq Ft
12/11/2019 12/11/19 For Rent $6,500 +8.3% --
12/29/2017 12/29/17 Rented $6,000 0.0% --
12/29/2017 12/29/17 Under Contract -- -- --
12/29/2017 12/29/17 For Rent $6,000 -7.7% --
10/15/2015 10/15/15 Rented $6,500 0.0% --
09/29/2015 09/29/15 For Rent $6,500 +20.4% --
01/29/2014 01/29/14 Rented $5,400 +3.8% --
01/29/2014 01/29/14 For Rent $5,200 0.0% --
05/25/2012 05/25/12 Sold $1,200,000 -7.6% $300 / Sq Ft
04/18/2012 04/18/12 Price Changed $1,299,000 -7.1% $325 / Sq Ft
02/06/2012 02/06/12 For Sale $1,399,000 -- $350 / Sq Ft

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 $15,997 $1,477,708 $1,181,260 $296,448
2023 $15,928 $1,448,734 $1,158,098 $290,636
2022 $15,569 $1,420,328 $1,135,390 $284,938
2021 $15,211 $1,392,479 $1,113,128 $279,351
2020 $14,989 $1,378,201 $1,101,714 $276,487
2019 $14,707 $1,351,178 $1,080,112 $271,066
2018 $14,407 $1,324,685 $1,058,934 $265,751
2017 $14,105 $1,298,711 $1,038,170 $260,541
2016 $13,821 $1,273,247 $1,017,814 $255,433
2015 $13,595 $1,254,122 $1,002,525 $251,597
2014 $13,324 $1,229,556 $982,887 $246,669
Source: Public Records

Agents Affiliated with this Home

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