$4,100,000
SOLD SEP 22, 2016
3 Beds
2.5 Baths
2,800 Sq Ft
3,781 Sq Ft Lot

Recently Sold

$1,464 Per Sq Ft

16% Below List Price

183 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • All Bedrooms Downstairs
  • Top Of The World Elementary School Rated A
  • Primary Bedroom Suite
  • 3-minute walk to Ruby Street Park

About This Home

As of October 2022

Luxe home, yet evocative of nostalgic beach cottage charm, offers 3 bedrooms and 2.5 bathrooms mere steps to the beach, virtually oceanfront at Arch Cove in coveted Woods Cove. Corner lot boasts whitewater ocean, Catalina Island sunsets and north Laguna coastline views. Well-appointed home features expansive use of wide-plank wood floors, open beam ceilings, and beautiful wooden staircase from the foyer to living spaces. Living area has fireplace and opens to large balcony with sweeping ocean and sunset vistas. Living room flows seamlessly to great/family room with built-ins and wall of windows overlooking courtyard. Exceptional open floor plan is perfect for entertaining with free-flow design between living areas, kitchen, dining area, and balcony. Gourmet kitchen features marble counters, farmhouse sink, wet bar, Sub-Zero wine storage and built-in paneled refrigerator/freezer, Viking six-burner range. Expansive master bedroom suite with ocean view, fireplace and sitting area, ensuite bathroom with soaking tub and walk-in steam shower. Exceptionally private courtyard brick patio with spa, outdoor shower, and dry sauna room. 2 car garage, indoor and outdoor security system including Internet accessible video feed, home-wide sound/entertainment system.

Last Agent to Sell the Property

Michael Johnson

Compass License #01429647 Listed on: 04/04/2016

Compass

Co-Listed By

Inge Goericke-bunn

Compass License #00641176

Last Buyer's Agent

Kelly Perkins

Compass License #01932146

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,513

Year Built

  • Built in 1937

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • French Mullion Window
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite

Outdoor Features

  • In Ground Spa
  • Ocean Side of Highway 1
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating
  • Sewer Paid

Additional Features

  • 3,781 Sq Ft Lot
  • Across the Road from Lake or Ocean

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 763
  • Assessor Parcel Number 64427620

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,513

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Office
  • Other Phone Number: 949-500-6462
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Woods Cove (WC)
  • View: Yes
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 64427620
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00
  • Interior Amenities: Living Room Balcony, Living Room Deck Attached, Open Floorplan
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Living Room, Master Bedroom, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 1464.29
  • Room Type: All Bedrooms Down, Family Room, Foyer, Great Room, Living Room, Master Bedroom, Master Suite
  • Spa Features: In Ground, Private
  • Window Features: French/Mullioned

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3781.00
  • Price Per Lot Square Foot: 1084.37
  • Lot Size Acres: 0.0870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3781.0000 Square Feet
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Oct 14, 2022
Sold by
Porter Family Trust
Bought by
Sharp Family Trust
Seller's Agent
Terri Trinidad
Surterre Properties
Buyer's Agent
Kelly Perkins
Compass
List Price
$7,000,000
Sold Price
$7,000,000
Current Estimated Value
$7,570,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,485
Avg. Annual Appreciation
2.69%
Original Mortgage
$4,900,000
Outstanding Balance
$4,648,923
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$2,921,562

Purchase Details

Listed on
Jan 24, 2020
Closed on
Jan 28, 2020
Sold by
Leao Richard F and Leao Linda A
Bought by
Porter John A
Seller's Agent
Kelly Perkins
Compass
Buyer's Agent
Terri Trinidad
Surterre Properties
List Price
$4,575,000
Sold Price
$4,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%

Purchase Details

Listed on
Jan 24, 2020
Closed on
Jan 26, 2020
Sold by
Porter Veronique
Bought by
Porter John A
Seller's Agent
Kelly Perkins
Compass
Buyer's Agent
Terri Trinidad
Surterre Properties
List Price
$4,575,000
Sold Price
$4,575,000

Purchase Details

Listed on
Apr 4, 2016
Closed on
Sep 15, 2016
Sold by
Maguire Tim
Bought by
Leao Richard F and Leao Linda A
Seller's Agent
Michael Johnson
Compass
Buyer's Agent
Kelly Perkins
Compass
List Price
$4,895,000
Sold Price
$4,100,000
Premium/Discount to List
-$795,000
-16.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$1,100,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Maguire Timothy J
Bought by
Maguire Tim and Tim Maguire Living Trust

Purchase Details

Closed on
Feb 23, 2006
Sold by
Maguire Tim
Bought by
Maguire Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,385,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2006
Sold by
Maguire Timothy J
Bought by
Maguire Tim and Tim Maguire Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,385,500
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2002
Sold by
Alper Sandra J
Bought by
Maguire Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.5%

Purchase Details

Closed on
Mar 20, 1998
Sold by
Alper Martin
Bought by
Alper Sandra J

Purchase Details

Closed on
Mar 11, 1998
Sold by
Vernon Underwood
Bought by
Alper Sandra J

Purchase Details

Closed on
Apr 12, 1994
Sold by
Underwood Vernon O and Underwood Daryl Anne
Bought by
Underwood Vernon O
Source: Public Records

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 Type Sale Price Title Company
Grant Deed $7,000,000 Chicago Title
Grant Deed $4,575,000 First American Title Company
Divorce Dissolution Of Marriage Transfer -- First American Title Company
Grant Deed $4,100,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Ins
Interfamily Deed Transfer -- None Available
Grant Deed $1,550,000 Equity Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $900,000 Chicago Title Insurance Co
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,900,000 New Conventional
Previous Owner $1,100,000 New Conventional
Previous Owner $1,385,500 New Conventional
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 For Sale $7,000,000 0.0% $2,500 / Sq Ft
10/21/2022 10/21/22 Sold $7,000,000 +53.0% $2,500 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
03/09/2020 03/09/20 Sold $4,575,000 0.0% $1,634 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $4,575,000 +11.6% $1,634 / Sq Ft
09/22/2016 09/22/16 Sold $4,100,000 0.0% $1,464 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $4,100,000 -8.8% $1,464 / Sq Ft
07/11/2016 07/11/16 Price Changed $4,495,000 -8.2% $1,605 / Sq Ft
04/04/2016 04/04/16 For Sale $4,895,000 +19.4% $1,748 / Sq Ft
03/23/2016 03/23/16 Off Market $4,100,000 -- --
02/22/2016 02/22/16 For Sale $4,895,000 -- $1,748 / 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 $73,513 $7,282,800 $7,095,319 $187,481
2024 $73,513 $7,140,000 $6,956,195 $183,805
2023 $72,125 $7,000,000 $6,819,799 $180,201
2022 $48,949 $4,714,844 $4,546,096 $168,748
2021 $47,952 $4,622,397 $4,456,957 $165,440
2020 $45,121 $4,350,952 $4,201,726 $149,226
2019 $44,323 $4,265,640 $4,119,340 $146,300
2018 $43,447 $4,182,000 $4,038,568 $143,432
2017 $42,576 $4,100,000 $3,959,380 $140,620
2016 $20,711 $1,950,523 $1,800,874 $149,649
2015 $20,383 $1,921,225 $1,773,823 $147,402
2014 $19,983 $1,883,591 $1,739,076 $144,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16036612

California Regional Multiple Listing Service (CRMLS)

APN: 644-276-20