NOT LISTED FOR SALE

Estimated Value: $6,641,000 - $8,569,216

3 Beds
3 Baths
2,800 Sq Ft
$2,644/Sq Ft Est. Value

Last Sold November 13, 2015

Last sale price $3,400,000 $1,214 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $40,643/month

123 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Ocean Side of Highway 1
  • El Morro Elementary School Rated A+
  • Two Primary Bedrooms
  • Custom Home

About This Home

As of November 2015

This home presents a very clever reworking of a classic beach home in the quaint ocean front community of Three Arch Bay. Architect Susan Secoy excels in the design of mid-century modern work and created this impressive transformation featuring glassed-in ocean view terraces and a stunning two-story entry with glass walls and roof encasing the glass hydraulic elevator. Designed for entertaining, the home easily flows from the great room to remodeled kitchen to formal dining room and outdoor spaces. The great room has vaulted tongue and groove ceilings, flagstone fireplace, and opens to a large ocean view deck to the front and a tranquil patio to the back. The main level master bedroom enjoys its own ocean view deck, fireplace, truss ceilings and remodeled bath. Two additional bedrooms on main level open out to the large grassy backyard. Downstairs den with bath and wine storage. Cherry cabinetry, stone counters, bamboo and flagstone floors, custom railings and doors. Three Arch Bay is a gated community with 24 hour security, tennis courts and private access beach.

Last Agent to Sell the Property

John Stanaland

DOUGLAS ELLIMAN OF CALIFORNIA, INC. License #01223768 Listed on: 06/29/2015

DOUGLAS ELLIMAN OF CALIFORNIA, INC.

Last Buyer's Agent

Gregory Schwaderer

Compass License #01466071

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $51,851

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Ocean
  • Catalina

Home Design

  • Custom Home
  • Additions or Alterations

Interior Spaces

  • 2,800 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Solar Tinted Windows
  • Custom Window Coverings
  • Blinds
  • Atrium Doors
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Granite Countertops

Flooring

  • Bamboo
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Terrace
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 05
  • Tax Tract Number 534
  • Assessor Parcel Number 05620354

Community Details

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Additional Features

  • Picnic Area
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$51,851

Year Built

Built in 1937 | Remodeled

Lot Details

0

HOA Fees

$253 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Kelly Pintek
  • Other Phone Number: 949-689-4288
  • Property Attached: No
  • Security: 24 Hour Security, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Condition: Additions/Alterations, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620354
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00
  • Interior Amenities: Attic Fan, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Carpet, Stone
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Atrium Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 1214.29
  • Room Type: Formal Entry, Great Room, Main Floor Master Bedroom, Two Masters
  • Window Features: Blinds, Custom Covering, Skylight(s), Solar Tinted Windows

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean
  • Patio And Porch Features: Patio, Terrace
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Playground, Sport Court, Tennis Court(s)
  • Association Fee: 2250.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6534.00
  • Price Per Lot Square Foot: 520.36
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 05
  • Tax Tract Number: 0534

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2015
Closed on
Nov 2, 2015
Sold by
Davis Joseph E and Wade Scott
Bought by
Grillo Paul S and Grillo Mary P
Seller's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
Buyer's Agent
Gregory Schwaderer
Compass
List Price
$4,795,000
Sold Price
$3,400,000
Premium/Discount to List
-$1,395,000
-29.09%
Current Estimated Value
$6,619,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,219,683
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Oct 7, 1997
Sold by
Davis Joseph E and Davis Marjorie M
Bought by
Davis Joseph E and Davis Marjorie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.62%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Davis Joseph E and Davis Marjorie M
Bought by
Davis Joseph E and Davis Marjorie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 26, 1996
Sold by
Savant International Inc
Bought by
Davis Joseph E and Davis Marjorie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%

Purchase Details

Closed on
Sep 19, 1994
Sold by
Racich Richard Glenn
Bought by
Racich Richard Glenn and The Pacifica Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
8.58%
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
Grillo Paul S $3,400,000 Chicago Title Company
Davis Joseph E -- United Title Company
Davis Joseph E -- United Title Company
Davis Joseph E -- First American Title Ins Co
Davis Joseph E $1,000,000 First American Title Ins Co
Savant International Inc -- First American Title Ins Co
Racich Richard Glenn -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Joseph E $440,480
Previous Owner Davis Joseph E $498,300
Previous Owner Davis Joseph E $550,000
Previous Owner Davis Joseph E $625,500
Previous Owner Davis Joseph E $850,000
Previous Owner Davis Joseph E $750,000
Previous Owner Davis Joseph E $250,000
Previous Owner Davis Joseph E $395,000
Previous Owner Davis Joseph E $600,000
Previous Owner Racich Richard Glenn $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2015 11/13/15 Sold $3,400,000 -20.8% $1,214 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
08/04/2015 08/04/15 Price Changed $4,295,000 -10.4% $1,534 / Sq Ft
06/29/2015 06/29/15 For Sale $4,795,000 -- $1,713 / 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 $51,851 $4,975,744 $3,770,012 $1,205,732
2024 $51,851 $4,878,181 $3,696,090 $1,182,091
2023 $51,182 $4,782,531 $3,623,618 $1,158,913
2022 $49,415 $4,688,756 $3,552,566 $1,136,190
2021 $48,671 $4,596,820 $3,482,908 $1,113,912
2020 $46,517 $4,427,767 $3,447,196 $980,571
2019 $38,771 $3,667,058 $3,379,604 $287,454
2018 $37,690 $3,537,360 $3,313,338 $224,022
2017 $37,035 $3,468,000 $3,248,370 $219,630
2016 $36,083 $3,400,000 $3,184,676 $215,324
2015 $15,471 $1,403,778 $1,186,221 $217,557
2014 $15,205 $1,376,280 $1,162,984 $213,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG15141219

California Regional Multiple Listing Service (CRMLS)

APN: 056-203-54