NOT LISTED FOR SALE

Estimated Value: $3,503,892 - $5,737,000

2 Beds
2 Baths
1,373 Sq Ft
$3,270/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $1,925,000 $1,402 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $25,298/month

Highlights

  • Ocean View
  • 24-Hour Security
  • Solar Power System
  • El Morro Elementary School Rated A+
  • Heated Spa
  • Updated Kitchen

About This Home

As of January 2024

A rare opportunity to lease in gated lower Three Arch Bay. This darling Laguna Beach cottage was completely remodeled and has a gorgeous chef’s kitchen, beautiful hardwood floors throughout and open living spaces with ocean and Catalina views. The evening sunsets are stunning. The architectural details stand out with exterior shower, deck, Dutch doors, custom built-ins, large kitchen island and cozy fireplace all under a vintage vaulted beamed ceiling. Two full bedrooms and two full remodeled baths are on the main level with additional space on a lower level; which can be used as a craft/hobby area, TV space, playroom, etc. A key feature to this home is it has solar panels which help tremendously with the monthly electric bills! With air-conditioning, electric car charging and a spa, this solar feature is saving energy! The garage has a 220 outlet which is convenient for charging electric cars. Three Arch Bay living includes private beach access with sand volleyball courts, picnic tables, bathrooms, showers, barbecues and fire pits. Other amenities in the community include pristine tennis and sport courts, a private clubhouse, grassy park and playground, all behind a 24 hour guarded gate. TAB is a community with holiday parades and parties, an incredible private firework show for the 4th of July and several community gatherings throughout the year. Laguna Beach is known for its outstanding schools, hiking trails, beaches, art galleries, restaurants and quaint downtown. This is an opportunity to live in one of Laguna Beach’s premier communities, in your dream beach cottage.

Last Agent to Rent the Property

Davis Patchell

Compass License #02064620 Listed on: 01/11/2024

Compass

Last Renter's Agent

Mary Mix

Compass License #02146011

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,147

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Sprinklers on Timer
  • Back Yard

Parking

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

Property Views

  • Ocean
  • Panoramic

Home Design

  • Cape Cod Architecture
  • English Architecture
  • Cottage
  • Bungalow
  • Turnkey

Interior Spaces

  • 1,373 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Bonus Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity
  • Solar Power System
  • Solar owned by seller

Pool

  • Heated Spa
  • Above Ground Spa

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes association dues, gardener
  • 12-Month Minimum Lease Term
  • Available 2/15/24
  • Tax Lot 83
  • Tax Tract Number 971
  • Assessor Parcel Number 05620106

Community Details

Overview

  • Property has a Home Owners Association
  • $50 HOA Transfer Fee
  • Three Arch Bay Association
  • Three Arch Bay Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Park

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,147

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Last Month Rent, Security Deposit
  • Available Date: 2024-02-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 2000
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Dogs OK, Number Limit, Size Limit
  • Transfer Fees: 50.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Inclusions: Washer and Dryer, garage refrigerator, built-in kitchen refrigerator, gas range, dishwasher, warming drawer, above-ground spa
  • Other Phone Description: 949-423-8375
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Attendant, Fire and Smoke Detection System, Gated Community, Gated with Guard, Guarded
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Bungalow, Cape Cod, Cottage, English
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05620106
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1373.00 Square Feet
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Quartz Counters, Unfurnished
  • Stories: 1
  • Entry Location: Front of house
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Family Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 7.28
  • Room Type: All Bedrooms Up, Basement, Bonus Room, Family Room, Great Room, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom
  • Spa Features: Above Ground, Heated
  • Bathroom Features: Bathtub, Shower, Quartz Counters, Remodeled, Upgraded, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen
  • Basement: Finished

Exterior Features

  • View: Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Gas Range, Range Hood, Refrigerator, Warming Drawer, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, Electricity - On Property, Photovoltaics on Grid, Photovoltaics Seller Owned
  • Heating Type: Central, Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Tennis Court(s), Clubhouse, Guard
  • Association Name: Three Arch Bay Association
  • Senior Community: No
  • Community Features: Park

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

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 4500.00
  • Lot Size Acres: 0.1033

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 4500.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 83
  • Tax Tract Number: 971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 16, 2016
Sold by
Determann Kathleen
Bought by
Thacker Bryan T and Thacker Summer
Seller's Agent
Patrick Dailey
Realty One Group West
Buyer's Agent
Ted Thacker
First Team Real Estate
List Price
$2,195,000
Sold Price
$1,925,000
Premium/Discount to List
-$270,000
-12.3%
Current Estimated Value
$4,237,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,312,756
Avg. Annual Appreciation
8.93%
Original Mortgage
$1,540,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2000
Sold by
Nan Weaver Carol
Bought by
Weaver Carol Nan and Carol Nan Weaver Principal Residence Tr
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
Thacker Bryan T $1,925,000 Chicago Title Company
Weaver Carol Nan -- --
Weaver Carol Nan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thacker Bryan T $1,441,000
Closed Thacker Bryan T $250,000
Closed Thacker Bryan T $1,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2024 01/15/24 Rented $10,000 0.0% --
01/14/2024 01/14/24 Off Market $10,000 -- --
01/11/2024 01/11/24 For Rent $10,000 0.0% --
09/01/2022 09/01/22 Rented $10,000 0.0% --
08/01/2022 08/01/22 For Rent $10,000 +7.5% --
01/29/2021 01/29/21 Rented $9,300 -7.0% --
01/12/2021 01/12/21 For Rent $10,000 0.0% --
04/20/2016 04/20/16 Sold $1,925,000 -12.3% $1,295 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $2,195,000 -- $1,476 / 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 $25,147 $2,278,807 $2,061,490 $217,317
2024 $25,147 $2,234,125 $2,021,069 $213,056
2023 $24,240 $2,190,319 $1,981,440 $208,879
2022 $24,082 $2,147,372 $1,942,588 $204,784
2021 $22,940 $2,105,267 $1,904,498 $200,769
2020 $23,141 $2,083,681 $1,884,970 $198,711
2019 $22,968 $2,042,825 $1,848,010 $194,815
2018 $22,339 $2,002,770 $1,811,774 $190,996
2017 $21,890 $1,963,500 $1,776,249 $187,251
2016 $4,359 $289,881 $74,005 $215,876
2015 $4,019 $285,527 $72,893 $212,634
2014 $3,964 $279,934 $71,465 $208,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG24003828

California Regional Multiple Listing Service (CRMLS)

APN: 056-201-06