NOT LISTED FOR SALE

Estimated Value: $6,523,249 - $9,472,000

3 Beds
2.5 Baths
1,707 Sq Ft
$4,411/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $4,485,000 $2,627 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $45,101/month

15 Days on Market

Highlights

  • White Water Ocean Views
  • Gated with Attendant
  • Custom Home
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • Clubhouse

About This Home

As of April 2014

UNPARALLELED LOCATION, VIEWS & LIFESTYLE. Dramatically perched on an elevated street-to-street lot, this gorgeous single-level pied-à-terre enjoys magnificent ocean and white water views above Three Arch Bay beach. Hear and see the waves breaking on the shore and crashing on famed Whale Rock. Beach access stairs are just 1 home away plus location is near all of TAB's numerous amenities. This gem of a residence, extensively remodeled in 2001, has everything you need for the best of vacation living at the beach—and is the perfect coastal getaway. Imagine the ambiance of dining alfresco on the wraparound terrace or lower patio—plus year-round breathtaking sunsets. The inviting master suite overlooks the Pacific and has a romantic fireplace. The ocean-facing kitchen opens to the living room and deck and is ideal for entertaining or as a serene space for relaxing. Natural light fills this wonderfully private and comfortable home where the ever-changing ocean vistas are never taken for granted. An oversized 2-car garage, separate laundry room, and charming exterior complete this exceptional property.

Last Agent to Sell the Property

Donna Pfanner

Pacific Sotheby’s International Realty License #01501488 Listed on: 02/08/2014

Pacific Sotheby’s International Realty

Co-Listed By

Sara Kahlon

Coldwell Banker Realty License #01940344

Last Buyer's Agent

Nicholas Kirchgessner

Craig Wagner, Broker License #00862046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,813

Year Built

  • Built in 1949

Lot Details

  • 3,485 Sq Ft Lot
  • Property fronts a private road
  • Wrought Iron Fence
  • Vinyl Fence
  • Landscaped
  • Sprinklers Throughout Yard

HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Bay
  • Catalina
  • Panoramic
  • Bluff
  • Rock

Home Design

  • Custom Home
  • Cottage
  • Turnkey
  • Composition Roof
  • Shingle Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,707 Sq Ft Home
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Sliding Doors
  • Living Room with Attached Deck
  • Storage

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Rain Gutters
  • Wrap Around Porch

Location

  • Property is near a clubhouse
  • Property is near a park

Utilities

  • Forced Air Heating System
  • Water Purifier
  • Water Softener

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 970
  • Assessor Parcel Number 05620431

Community Details

Overview

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

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,813

Year Built

Built in 1949

Lot Details

0

HOA Fees

$253 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All kitchen appliances.
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Custom Built, Cottage
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620431
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1707.00
  • Interior Amenities: Built-in Features, Balcony, Granite Counters, Living Room Deck Attached, Recessed Lighting, Storage, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Price Per Square Foot: 2627.42
  • Room Type: Main Floor Master Bedroom, Walk-In Closet
  • Window Features: Custom Covering, Double Pane Windows

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Bay, Bluff, Catalina, Ocean, Panoramic, Rocks, Water, White Water
  • Fence: Yes
  • Fencing: Vinyl, Wrought Iron
  • Builder Name: Custom
  • Patio And Porch Features: Deck, Patio, Wrap Around
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Shingle Siding, Stucco, Stone

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage, Oversized, Permit Required, Private, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Range Hood, Microwave, Refrigerator, Water Line to Refrigerator, Water Purifier, Water Softener
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association: Three Arch Bay
  • Amenities: Barbecue, Banquet Facilities, Clubhouse, Controlled Access, Dues Paid Annually, Fire Pit, Guard, Management, Outdoor Cooking Area, Pet Rules, Pets Permitted, Picnic Area, Playground, Security, Sport Court, Tennis Court(s)
  • Association Fee: 2250.00
  • 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: Storm Drains

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Close to Clubhouse, Landscaped, Park Nearby, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 3485.00
  • Lot Size Acres: 0.0800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3485.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 38
  • Tax Tract Number: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2014
Sold by
Kahlon Tejwinder S and Kahlon Sarabjit
Bought by
Studenmund Family Trust
Current Estimated Value
$7,529,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
Haggerty Michael Paul
Bought by
Kahlon Tejwinder S and Kahlon Sarabjit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 24, 2004
Sold by
Haggerty Olga
Bought by
Haggerty Michael Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2004
Sold by
Surfside Properties Llc
Bought by
Haggerty Michael Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Marchand Way Development Inc
Bought by
Surfside Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 25, 2002
Sold by
Marchand Dennis
Bought by
Marchand Way Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2001
Sold by
Marchand Karen A
Bought by
Marchand Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
7.5%

Purchase Details

Closed on
Mar 28, 2001
Sold by
Ryther Norma
Bought by
Ryther Norma and The Lucile L Hall Oxford Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,999
Interest Rate
7.5%

Purchase Details

Closed on
Mar 5, 1996
Sold by
Oxford Lucile L Hall
Bought by
Oxford Woodrow Devere and The Lucile L Oxford Trust

Purchase Details

Closed on
Nov 4, 1994
Sold by
Oxford Woodrow Devere
Bought by
Oxford Lucile L Hall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.5%
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
Studenmund Family Trust $4,485,000 Chicago Title Company
Kahlon Tejwinder S $3,600,000 California Title Company
Haggerty Michael Paul -- Chicago Title
Haggerty Michael Paul $2,700,000 Chicago Title
Surfside Properties Llc $1,950,000 Commonwealth Land Title
Marchand Way Development Inc -- Stewart Title
Marchand Dennis -- Commonwealth Land Title Co
Marchand Dennis $1,300,000 Commonwealth Land Title
Marchand Dennis -- Commonwealth Land Title Co
Ryther Norma -- Commonwealth Land Title
Oxford Woodrow Devere -- --
Oxford Lucile L Hall -- California Counties Title Co
Oxford Lucile L Hall -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studenmund A H A $2,180,500
Previous Owner Studenmund Family Trust $2,520,000
Previous Owner Kahlon Tejwinder S $2,480,000
Previous Owner Kahlon Tejwinder S $2,519,737
Previous Owner Kahlon Tejwinder S $2,522,000
Previous Owner Kahlon Tejwinder S $2,499,950
Previous Owner Kahlon Tejwinder S $380,000
Previous Owner Kahlon Tejwinder S $2,499,950
Previous Owner Haggerty Michael Paul $1,890,000
Previous Owner Marchand Dennis $200,000
Previous Owner Marchand Dennis $170,000
Previous Owner Marchand Dennis $999,999
Previous Owner Oxford Lucile L Hall $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $4,485,000 0.0% $2,627 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
02/08/2014 02/08/14 For Sale $4,485,000 -- $2,627 / 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 $56,813 $5,522,030 $5,249,011 $273,019
2024 $56,813 $5,413,755 $5,146,089 $267,666
2023 $55,764 $5,307,603 $5,045,185 $262,418
2022 $54,388 $5,203,533 $4,946,260 $257,273
2021 $53,502 $5,101,503 $4,849,274 $252,229
2020 $52,839 $5,049,194 $4,799,551 $249,643
2019 $51,981 $4,950,191 $4,705,442 $244,749
2018 $50,830 $4,853,129 $4,613,179 $239,950
2017 $49,809 $4,757,970 $4,522,724 $235,246
2016 $48,863 $4,664,677 $4,434,043 $230,634
2015 $48,016 $4,574,610 $4,367,440 $207,170
2014 $32,084 $3,022,483 $2,922,483 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14040199

California Regional Multiple Listing Service (CRMLS)

APN: 056-204-31