NOT LISTED FOR SALE

Estimated Value: $6,380,000 - $7,325,659

4 Beds
3 Baths
2,800 Sq Ft
$2,385/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $3,650,000 $1,304 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $36,916/month

153 Days on Market

Highlights

  • White Water Ocean Views
  • Beach Access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • 24-Hour Security
  • Custom Home

About This Home

As of December 2017

HUGE PRICE REDUCTION! Experience panoramic ocean and whitewater views from this amazing 2,800 square foot mid-century modern home in Lower Three Arch Bay. This beautiful single-level home sits on a large, flat 6,500 sq.ft lot. It boasts 4 bedrooms, an office, 3 baths, a family room, large living room, dining room, expansive gourmet kitchen, vaulted ceilings, and spacious master suite. Plus, enjoy relaxing mornings in your private courtyard complete with brick fireplace & beautiful fountain.

This stunning home has hardwood floors in all areas except the bedrooms. 3 garage spaces and 3 exterior driveway spaces give you an unprecedented 6 parking spaces. This home is perfect and ready for move in while offering the opportunity for one to expand. This is a rare find in the sought after gated community of Lower 3 Arch Bay. This exclusive gated community includes tennis courts, a clubhouse, a beautiful park, and direct access to one of the most amazing beaches in the world. Don't miss this once in a lifetime opportunity.

Last Agent to Sell the Property

Cary Glenn

Main Beach Realty License #01324860 Listed on: 05/15/2017

Co-Listed By

Jordan Glenn

Main Beach Realty License #02009271

Last Buyer's Agent

Donna Pfanner

Pacific Sotheby’s International Realty License #01501488

Pacific Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,593

Year Built

  • Built in 1972

Lot Details

  • 6,500 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Lawn
  • Back Yard

HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • White Water Ocean
  • Catalina
  • Panoramic

Home Design

  • Custom Home

Interior Spaces

  • 2,800 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Convection Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Fireplace in Patio
  • Brick Porch or Patio
  • Outdoor Grill
  • Rain Gutters

Location

  • Property is near a park

Schools

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

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 970
  • Assessor Parcel Number 05620332

Community Details

Overview

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

Amenities

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

Recreation

  • Tennis Courts
  • Community Playground

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,593

Year Built

Built in 1972

Lot Details

0

HOA Fees

$261 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Description: Cell Phone
  • Other Phone Number: 9498132230
  • Property Attached: No
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05620332
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2800.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), High Ceilings
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Fireplace Features: Living Room, Patio
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1303.57
  • Room Type: Family Room, Formal Entry, Jack & Jill, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Suite, Office
  • Bathroom Features: Double Sinks In Master Bath, Granite Counters, Stone Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Stone Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Catalina, Ocean, Panoramic, White Water
  • Patio And Porch Features: Brick
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Clubhouse, Banquet Facilities, Meeting Room, Guard, Security, Controlled Access
  • Association Fee: 2350.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Association Name: Three Arch Bay
  • Phone: 9494994567
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

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: Back Yard, Landscaped, Lawn, Lot 6500-9999, Level, Park Nearby
  • Lot Size Sq Ft: 6500.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access

Tax Info

  • Tax Census Tract: 423.05
  • Tax Tract Number: 970

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Nov 1, 2017
Sold by
Koenig Randall F
Bought by
Wilson William H
Seller's Agent
Cary Glenn
Main Beach Realty
Buyer's Agent
Donna Pfanner
Pacific Sotheby’s International Realty
List Price
$4,395,000
Sold Price
$3,650,000
Premium/Discount to List
-$745,000
-16.95%
Current Estimated Value
$6,031,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,381,234
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,700,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2010
Sold by
Koenig Randall F
Bought by
Koenig Randall F and The Randall F Koenig Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2002
Sold by
Koenig Carrie L
Bought by
Koenig Randall F

Purchase Details

Closed on
Apr 9, 1998
Sold by
Langley Edward H and Langley Else B
Bought by
Koenig Randall F and Koenig Carrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

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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
Wilson William H -- None Available
Koenig Randall F -- Lsi Local Solutions
Koenig Randall F -- --
Koenig Randall F $1,250,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willson William H $1,478,000
Closed Wilson William H $1,700,000
Previous Owner Koenig Randall F $2,000,000
Previous Owner Koenig Randall F $691,000
Previous Owner Koenig Randall F $724,000
Previous Owner Koenig Randall F $350,000
Previous Owner Koenig Randall F $250,000
Previous Owner Koenig Randall F $803,100
Previous Owner Koenig Randall F $150,000
Previous Owner Koenig Randall F $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2017 12/01/17 Sold $3,650,000 -8.6% $1,304 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
08/29/2017 08/29/17 Price Changed $3,995,000 -3.7% $1,427 / Sq Ft
08/10/2017 08/10/17 Price Changed $4,150,000 -5.6% $1,482 / Sq Ft
05/15/2017 05/15/17 For Sale $4,395,000 +20.4% $1,570 / Sq Ft
05/15/2017 05/15/17 Off Market $3,650,000 -- --
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 $43,593 $4,163,303 $3,815,876 $347,427
2024 $43,593 $4,081,670 $3,741,055 $340,615
2023 $42,966 $4,001,638 $3,667,701 $333,937
2022 $41,851 $3,923,175 $3,595,785 $327,390
2021 $41,108 $3,846,250 $3,525,279 $320,971
2020 $40,353 $3,806,812 $3,489,132 $317,680
2019 $39,485 $3,723,000 $3,420,718 $302,282
2018 $38,673 $3,650,000 $3,353,645 $296,355
2017 $18,892 $1,719,793 $1,447,073 $272,720
2016 $18,664 $1,686,072 $1,418,699 $267,373
2015 $18,103 $1,660,746 $1,397,389 $263,357
2014 $17,788 $1,628,215 $1,370,016 $258,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG17106811

California Regional Multiple Listing Service (CRMLS)

APN: 056-203-32