NOT LISTED FOR SALE

Estimated Value: $7,349,028 - $7,744,000

5 Beds
3.5 Baths
5,038 Sq Ft
$1,496/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $5,300,000 $1,052 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $46,331/month

12 Days on Market

Highlights

  • Ocean View
  • Filtered Pool
  • Open Floorplan
  • El Morro Elementary School Rated A+
  • Ocean Side of Highway 1
  • Dumbwaiter

About This Home

As of April 2021

FRESH OCEAN BREEZE COMING THROUGH MY WINDOWS.THREE ARCH BAY CUSTOM 3 LEV HOME WITH BREATHTAKING VIEWS!
As you enter this beautiful custom built home your jaw will drop!The large panoramic floor to ceiling windows are capturing all the beauty of the California Riviera, with Monarch Bay Beach Club & Salt Creek Beach Park just a bit South on PCH,Santa Catalina & San Clemente Islands will be visible on clear days. The master bedroom is conveniently located on the main floor & offers an amazing ocean view through the large sliding door to the balcony.The master bath offers a large shower area & a large WIC appointed with closet organizers.This property is equipped with a spacious elevator (5x3) to reach the main, mid level floor & the garage area, perfect for transferring groceries to the kitchen.The spacious dumbwaiter connects the 3 levels,extremely useful to say the least! The Wrap around balcony will allow you to witness the everchanging magnificent sunsets & feel the fresh ocean breeze.5,038 SQFT of beautifully well-appointed unique characteristics make up this a marvelous custom home.Nothing was left out, even the large laundry room with the beautiful granite counters, equipped with agitator sink for your delicate garment,drop down ironing board & large walk-in easily accessible furnace room.The mid/bottom level 4 bed & 2 BA & entertainment areas all built to enjoy the beautiful ocean view & the luscious floral garden below.(Spool) and BYd are the cherry on top.Park 6 cars!

Last Agent to Sell the Property

Massimo Spadazzi

Gold Shield Realty Group License #01344676 Listed on: 02/16/2021

Last Buyer's Agent

Davis Patchell

Compass License #02064620

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,942

Year Built

  • Built in 1973

Lot Details

  • 6,864 Sq Ft Lot
  • Northeast Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Wire Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Lot Sloped Down
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Turnkey
  • Planned Development
  • Tile Roof
  • Mixed Roof Materials
  • Asphalt Roof

Interior Spaces

  • 5,038 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • Circular Fireplace
  • Free Standing Fireplace
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Storage
  • Laundry Room

Kitchen

  • Dumbwaiter
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Electric Oven
  • Indoor Grill
  • Gas and Electric Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Multi-Level Bedroom

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • Filtered Pool
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Ocean Side of Highway 1
  • Living Room Balcony
  • Wood Patio
  • Rain Gutters

Schools

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

Utilities

  • Cooling System Powered By Gas
  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 1109
  • Assessor Parcel Number 05622302

Community Details

Overview

  • Three Arch Bay Association, Phone Number (949) 499-4567
  • Three Arch Bay Subdivision
  • Foothills

Amenities

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Security Guard
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,942

Year Built

Built in 1973

Lot Details

0

HOA Fees

$278 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05622302
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5038.00 Square Feet
  • Interior Amenities: Balcony, Bar, Beamed Ceilings, Built-in Features, Dumbwaiter, Elevator, Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Pantry, Storage
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Wood
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Family Kitchen, In Kitchen
  • Fireplace Features: Family Room, Gas, Circular, Free Standing
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1052.00
  • Room Type: Family Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Multi-Level Bedroom
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Low Emissivity Windows
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Exterior Features: Awning(s), Rain Gutters
  • View: Catalina, Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Wire, Wood, Wrought Iron
  • Patio And Porch Features: Deck, Wood
  • Pool Features: Private, Filtered, Gunite, In Ground
  • Pool Private: Yes
  • Roof: Asphalt, Mixed, Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Electric Oven, Disposal, Gas & Electric Range, Indoor Grill, Vented Exhaust Fan
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Three Arch Bay
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Clubhouse, Banquet Facilities, Guard, Security, Controlled Access
  • Association Fee: 2550.00
  • 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
  • Common Interest: Planned Development
  • Community Features: Foothills
  • Association Management: Three Arch Bay

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down, Gentle Sloping, Landscaped, Rectangular Lot, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6864.00
  • Lot Size Acres: 0.1576

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6864.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 44
  • Tax Tract Number: 1109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 5, 2021
Sold by
Labate Raoul Dale
Bought by
La Bate Family Trust and Daniel
Seller's Agent
Massimo Spadazzi
Gold Shield Realty Group
Buyer's Agent
Davis Patchell
Compass
List Price
$5,499,000
Sold Price
$5,300,000
Premium/Discount to List
-$199,000
-3.62%
Current Estimated Value
$7,535,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,235,507
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Feb 16, 2021
Closed on
Mar 4, 2021
Sold by
Daniel Roselynn and The Labate Family Trust
Bought by
Marquis Matthew and Marquis Ann
Seller's Agent
Massimo Spadazzi
Gold Shield Realty Group
Buyer's Agent
Davis Patchell
Compass
List Price
$5,499,000
Sold Price
$5,300,000
Premium/Discount to List
-$199,000
-3.62%

Purchase Details

Closed on
Sep 1, 2000
Sold by
Labate Raoul P and Labate Dortha D
Bought by
Labate Raoul P and Labate Dortha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.2%

Purchase Details

Closed on
Aug 21, 2000
Sold by
Labate Raoul P and Labate Dortha D
Bought by
Labate Raoul P and Labate Dortha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.2%

Purchase Details

Closed on
Jan 7, 1999
Sold by
Labate Raoul P and Bate Dortha D D
Bought by
Labate Raoul P and Labate Dortha D
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
La Bate Family Trust -- --
Marquis Matthew $5,300,000 Ticor Title Company
Labate Raoul P -- Orange Coast Title
Labate Raoul P -- Orange Coast Title
Labate Raoul P -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labate Raoul P $251,000
Previous Owner Labate Raoul P $252,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $5,300,000 -3.6% $1,052 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $5,499,000 -- $1,092 / 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 $59,942 $5,736,890 $5,017,744 $719,146
2024 $59,942 $5,624,402 $4,919,356 $705,046
2023 $58,528 $5,514,120 $4,822,898 $691,222
2022 $56,974 $5,406,000 $4,728,331 $677,669
2021 $13,903 $1,206,772 $503,807 $702,965
2020 $14,260 $1,194,399 $498,642 $695,757
2019 $14,045 $1,170,980 $488,865 $682,115
2018 $13,625 $1,148,020 $479,279 $668,741
2017 $13,288 $1,125,510 $469,881 $655,629
2016 $12,664 $1,086,649 $460,668 $625,981
2015 $12,056 $1,070,327 $453,748 $616,579
2014 $11,853 $1,049,361 $444,859 $604,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21027934

California Regional Multiple Listing Service (CRMLS)

APN: 056-223-02