NOT LISTED FOR SALE

Estimated Value: $5,091,000 - $5,639,000

3 Beds
2.5 Baths
2,975 Sq Ft
$1,800/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $3,075,000 $1,034 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $32,580/month

Highlights

  • Ocean View
  • Heated Spa
  • Fireplace in Primary Bedroom
  • El Morro Elementary School Rated A+
  • Clubhouse
  • Furnished

About This Home

As of April 2017

Accepting backup offers. Breathtaking panoramic unobstructed 180+ degree Catalina, ocean, coastline & whitewater views from Long Beach, Palos Verdes down past the Ritz Carlton and Salt Creek Beach. Modern Country French Style Architecture designed by Suzie Burgess. Structural engineering by Geofirm of Laguna Beach.
Smooth wall construction, sea green engineered slate roof. In ground Masonry spa with water feature in rear courtyard. The home is built to superior standards inside and out. Soffit ceilings in living and family rooms. Abundant storage throughout. The master suite has an adjacent exercise room/office space and really large cedar lined walk-in closet. Ocean views are from every room in the house except entry level powder room. 2 car garage plus two premium off street parking spaces. This is a rare opportunity to own a premium home in the desirable beach community of Three Arch Bay. Minutes from the Montage & Ritz Carlton Hotels & newly flagged Monarch Beach Resort & Spa. There is easy access to the San Diego Freeway & 73 Toll Road via Crown Valley Parkway .

Last Agent to Rent the Property

Nicholas Kirchgessner

Craig Wagner, Broker License #00862046 Listed on: 11/05/2016

Last Renter's Agent

KATIE HOULAHAN

Compass License #02005954

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,641

Year Built

  • Built in 1992

Lot Details

  • 5,832 Sq Ft Lot

HOA Fees

  • Property has a Home Owners Association

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Up Slope from Street

Property Views

  • Ocean
  • Catalina
  • Panoramic

Interior Spaces

  • 2,975 Sq Ft Home
  • Furnished
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Family or Dining Combination
  • Laundry Room

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Security Deposit $27,000
  • Rent includes all utilities, association dues, cable TV, electricity, gardener, gas, maid service, trash collection, water
  • Available 11/6/16
  • Tax Lot 71
  • Tax Tract Number 1001
  • Assessor Parcel Number 05622321

Community Details

Overview

  • Three Arch Bay Association

Recreation

  • Sport Court

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,641

Year Built

Built in 1992

Lot Details

0

HOA Fees

$272 per month

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-11-06
  • Credit Check Paid By: Tenant
  • Deposit Security: 27000
  • Furnished: Furnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05622321
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2975.00 Square Feet
  • Interior Amenities: Furnished
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1033.61
  • Room Type: All Bedrooms Up, Laundry
  • Spa Features: Gunite, Heated, In Ground

Exterior Features

  • View: Catalina, Ocean, Panoramic
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Ice Maker, Microwave, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sport Court, Clubhouse, Guard
  • Association Name: Three Arch Bay
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Up Slope from Street
  • Lot Size Sq Ft: 5832.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Month To Month
  • Rent Includes: All Utilities, Association Dues, Cable TV, Electricity, Gardener, Gas, Maid Service, Trash Collection, Water

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 71
  • Tax Tract Number: 1001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Mckechnie Chris W and Mckechnie Alyse O
Bought by
Mckechnie Family Trust and Mckechnie
Current Estimated Value
$5,353,698

Purchase Details

Listed on
Nov 5, 2016
Closed on
Mar 27, 2017
Sold by
Meglen Joseph W and Meglen Barbara M
Bought by
Mckechnie Chris W and Mckechnie Alyse O
Seller's Agent
Nicholas Kirchgessner
Craig Wagner, Broker
Buyer's Agent
KATIE HOULAHAN
Compass
Sold Price
$3,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$2,275,000
Interest Rate
3.53%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2002
Sold by
Meglen Joseph W and Meglen Barbara Moore
Bought by
Meglen Joseph W and Meglen Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Meglen Joseph W and Meglen Barbara M
Bought by
Meglen Joseph W and Meglen Barbara Moore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%

Purchase Details

Closed on
Feb 24, 2000
Sold by
Meglen Joseph W and Meglen Barbara M
Bought by
Meglen Joseph W and Meglen Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
8%
Mortgage Type
Unknown
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
Mckechnie Family Trust -- None Listed On Document
Mckechnie Chris W $3,075,000 Chicago Title
Meglen Joseph W -- --
Meglen Joseph W -- --
Meglen Joseph W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckechnie Chris W $2,134,000
Previous Owner Mckechnie Chris W $2,275,000
Previous Owner Meglen Joseph W $622,000
Previous Owner Meglen Joseph W $666,000
Previous Owner Meglen Joseph W $700,000
Previous Owner Meglen Joseph W $795,000
Previous Owner Meglen Joseph W $910,000
Previous Owner Meglen Joseph W $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2017 04/03/17 Sold $3,075,000 0.0% $1,034 / Sq Ft
04/03/2017 04/03/17 Rented $3,075,000 +38337.5% --
03/01/2017 03/01/17 Off Market $8,000 -- --
03/01/2017 03/01/17 Pending -- -- --
11/30/2016 11/30/16 Price Changed $8,000 -11.1% $3 / Sq Ft
11/05/2016 11/05/16 For Rent $9,000 0.0% --
09/25/2016 09/25/16 For Sale $3,195,000 0.0% $1,074 / Sq Ft
05/31/2013 05/31/13 Rented $5,500 0.0% --
05/01/2013 05/01/13 Under Contract -- -- --
11/26/2012 11/26/12 For Rent $5,500 -- --
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 $37,641 $3,568,799 $3,039,558 $529,241
2024 $37,641 $3,498,823 $2,979,959 $518,864
2023 $37,101 $3,430,219 $2,921,528 $508,691
2022 $36,287 $3,362,960 $2,864,243 $498,717
2021 $35,863 $3,297,020 $2,808,081 $488,939
2020 $35,230 $3,263,214 $2,779,288 $483,926
2019 $34,472 $3,199,230 $2,724,792 $474,438
2018 $33,587 $3,136,500 $2,671,364 $465,136
2017 $11,591 $986,582 $566,426 $420,156
2016 $11,335 $967,238 $555,320 $411,918
2015 $10,923 $952,710 $546,979 $405,731
2014 $10,743 $934,048 $536,264 $397,784
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG16741265

California Regional Multiple Listing Service (CRMLS)

APN: 056-223-21