NOT LISTED FOR SALE

Estimated Value: $5,653,000 - $7,020,000

3 Beds
3 Baths
2,200 Sq Ft
$2,761/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $3,210,000 $1,459 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $35,592/month

Highlights

  • Ocean View
  • Property has ocean access
  • Ocean Side of Highway 1
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Main Floor Bedroom

About This Home

As of May 2023

Fresh from a year-long redesign and reconstruction, this impeccable ocean view cottage is new throughout. Located only steps away from Three Arch Bay's private beach, this charming bungalow was refurbished with the finest in design and materials. A completely new kitchen and three bathrooms, all exquisitely detailed with imported white marble and designer fixtures, are complemented with light oak wide plank floors throughout, beamed ceilings and white-painted paneled walls. An elevated view terrace adjoins the living areas and kitchen, which is ideal for al fresco dining and parties. The living room has vaulted, beamed ceilings and is warmed by a large wood burning fireplace – all taking in the ocean and sunset views. Two distinct courtyard gardens provide spacious and protected outdoor spaces. The master suite is light, private and occupies the entire second floor. The suite also includes a loft-office, with a glimpse of an ocean view. Two additional bedrooms (one with a sitting area) open to the gardens. There is also a cozy den. The ocean breezes and sounds of waves on the shore complete the setting for this ideal beach home in the exclusive 24-hour, guard-gated community.

Last Agent to Rent the Property

Robert Giem

Plus Real Estate License #01082750 Listed on: 05/22/2023

Last Renter's Agent

Dana Wall, M.A.

Berkshire Hathaway HomeService License #01227433

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,673

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 4,356 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,200 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $27,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 5/22/23
  • Tax Lot 10
  • Tax Tract Number 177
  • Assessor Parcel Number 05620339

Community Details

Overview

  • Property has a Home Owners Association
  • Three Arch Bay Subdivision

Additional Features

  • Laundry Facilities
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,673

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-05-22
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Security: 27000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05620339
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2200.00 Square Feet
  • Stories: 3
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 8.18
  • Room Type: Living Room, Main Floor Bedroom

Exterior Features

  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 4356.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2015
Closed on
Nov 13, 2015
Sold by
Drewry Theresa
Bought by
Campbell Family Trust
Seller's Agent
Victoria Strombom
Surterre Properties
Buyer's Agent
Robert Giem
Plus Real Estate
List Price
$3,349,000
Sold Price
$3,210,000
Premium/Discount to List
-$139,000
-4.15%
Current Estimated Value
$6,074,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,864,001
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Jun 17, 1998
Sold by
Drewry Theresa
Bought by
Drewry Theresa and Theresa Drewry Trust

Purchase Details

Closed on
Aug 8, 1995
Sold by
Boyd Willis B
Bought by
Drewry Theresa
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
Campbell Family Trust $3,210,000 Lawyers Title
Drewry Theresa -- --
Drewry Theresa $600,000 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Rented $18,000 0.0% --
05/22/2023 05/22/23 For Rent $18,000 +50.0% --
11/13/2017 11/13/17 Rented $12,000 -7.0% --
09/13/2017 09/13/17 Price Changed $12,900 -7.9% $6 / Sq Ft
08/09/2017 08/09/17 For Rent $14,000 0.0% --
12/01/2015 12/01/15 Sold $3,210,000 -1.8% $1,487 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
10/06/2015 10/06/15 Price Changed $3,270,000 -0.9% $1,515 / Sq Ft
09/23/2015 09/23/15 Price Changed $3,299,999 -1.5% $1,529 / Sq Ft
08/20/2015 08/20/15 For Sale $3,349,000 0.0% $1,552 / Sq Ft
08/12/2015 08/12/15 Pending -- -- --
07/13/2015 07/13/15 Price Changed $3,349,000 -1.5% $1,552 / Sq Ft
02/07/2015 02/07/15 For Sale $3,399,000 -- $1,575 / 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 $40,673 $3,799,987 $3,620,246 $179,741
2024 $40,673 $3,725,478 $3,549,261 $176,217
2023 $39,230 $3,652,430 $3,479,668 $172,762
2022 $38,570 $3,580,814 $3,411,439 $169,375
2021 $38,197 $3,510,602 $3,344,548 $166,054
2020 $37,729 $3,474,606 $3,310,254 $164,352
2019 $37,151 $3,406,477 $3,245,347 $161,130
2018 $35,731 $3,339,684 $3,181,713 $157,971
2017 $35,027 $3,274,200 $3,119,326 $154,874
2016 $34,367 $3,210,000 $3,058,162 $151,838
2015 $10,686 $913,555 $691,140 $222,415
2014 $10,513 $895,660 $677,601 $218,059
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23088406

California Regional Multiple Listing Service (CRMLS)

APN: 056-203-39