NOT LISTED FOR SALE

Estimated Value: $5,309,000 - $7,559,000

5 Beds
3 Baths
2,730 Sq Ft
$2,208/Sq Ft Est. Value

Last Sold April 05, 2017

Last sale price $2,885,000 $1,057 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $36,033/month

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • Dual Staircase

About This Home

As of December 2022

38 S Portola is located within the gates of Lower Three Arch Bay, a wonderful gated beach community in Laguna Beach, California. The home consists of 5 bedrooms, 3 bathrooms and is a short distance to the wonderful private beach of Three Arch Bay. The 5th bedroom has a own separate exit and entrance and still connected to the house. This area can be used as an office, gym or separate space. Upon entering the home you will notice the Dutch Door entry which leads to distressed hardwood flooring through out the home. The kitchen with granite counters, Wolf Range, walk-n pantry, views to the rear yard, patio and the dining area of the home. There are 3 fireplaces within the home, one in the dining area, one in the living room and one in the Primary Suite. The Primary Suite is the entire top floor of the home with double sinks, a soaking tub and a good size shower, 2 walk-in closets and a private deck off the bedroom for enjoying the ocean views. The other bedrooms' are all on the entry lever with 1 on the lower lever with its own separate access if desired

Last Agent to Rent the Property

Charles Aufhammer

Berkshire Hathaway HomeServices California Properties License #00708774 Listed on: 11/21/2022

Berkshire Hathaway HomeServices California Properties

Last Renter's Agent

Sandra Luesse

The Oppenheim Group License #02110741

The Oppenheim Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,444

Year Built

  • Built in 1946

Lot Details

  • 6,000 Sq Ft Lot
  • Property fronts a private road
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Catalina

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction

Interior Spaces

  • 2,730 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • French Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Six Burner Stove
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Deck
  • Patio

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $20,000
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Available 12/15/22
  • Legal Lot and Block 178 / 1
  • Tax Tract Number 971
  • Assessor Parcel Number 05620314

Community Details

Overview

  • Property has a Home Owners Association
  • $100 HOA Transfer Fee
  • Three Arch Bay Association
  • Three Arch Bay Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,444

Year Built

Built in 1946

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-12-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 20000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Security: Gated with Attendant
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Zoning: SFR
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 05620314
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2730.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 5.49
  • Room Type: Master Suite
  • Bathroom Features: Bathtub, Double Sinks In Master Bath
  • Room Kitchen Features: Granite Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Catalina, Ocean
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Name: Three Arch Bay
  • Senior Community: No
  • Community Features: Suburban

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
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1377

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6000.0000 Square Feet
  • Number Of Units In Community: 500
  • Number Of Units Total: 500
  • Rent Includes: Gardener, Trash Collection
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 423.05
  • Tax Lot: 178
  • Tax Tract Number: 971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2008
Sold by
Handel Arthur M
Bought by
The Arthur M Handel Living Trust
Current Estimated Value
$6,026,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 2008
Sold by
Handel Traysi L
Bought by
Handel Arthur M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Handel Traysi L
Bought by
Handel Arthur M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.17%
Mortgage Type
Unknown

Purchase Details

Closed on
May 18, 2006
Sold by
Goldsmith Susan J
Bought by
Handel Arthur M and Handel Traysi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2003
Sold by
Goldsmith John P and Goldsmith Susan J
Bought by
Goldsmith John P and Goldsmith Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
5.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 25, 2000
Sold by
Goldsmith John P
Bought by
Goldsmith John P and Goldsmith Susan J

Purchase Details

Closed on
Nov 12, 1996
Sold by
Goldsmith John P
Bought by
Goldsmith John P and John Goldsmith Trust
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 Buyer Sale Price Title Company
The Arthur M Handel Living Trust -- None Available
Handel Arthur M -- Multiple
Handel Arthur M -- None Available
Handel Arthur M $2,350,000 Chicago Title Co
Goldsmith John P -- --
Goldsmith John P -- --
Goldsmith John P -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Richard J $1,790,000
Closed Handel Arthur M $150,000
Closed The Arthur M Handel Living Trust $1,150,000
Closed Handel Arthur M $250,000
Closed Handel Arthur M $1,160,000
Closed Handel Arthur M $250,000
Closed Handel Arthur M $150,000
Closed Handel Arthur M $500,000
Closed Handel Arthur M $1,150,000
Previous Owner Goldsmith Susan J $385,000
Previous Owner Goldsmith John P $432,000
Previous Owner Goldsmith John P $437,500
Previous Owner Goldsmith John P $445,000
Previous Owner Goldsmith John P $455,000
Previous Owner Goldsmith John P $100,000
Previous Owner Goldsmith John P $49,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2022 12/10/22 Rented $15,000 +20.0% --
11/21/2022 11/21/22 For Rent $12,500 +8.7% --
12/22/2020 12/22/20 Rented $11,500 -8.0% --
11/20/2020 11/20/20 Price Changed $12,500 +13.6% $5 / Sq Ft
09/24/2020 09/24/20 For Rent $11,000 0.0% --
04/05/2017 04/05/17 Sold $2,885,000 +0.2% $931 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $2,879,000 -- $929 / 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 $36,444 $3,348,289 $3,171,465 $176,824
2024 $36,444 $3,282,637 $3,109,280 $173,357
2023 $34,717 $3,218,272 $3,048,314 $169,958
2022 $34,645 $3,155,169 $2,988,543 $166,626
2021 $33,026 $3,093,303 $2,929,944 $163,359
2020 $33,026 $3,061,585 $2,899,901 $161,684
2019 $32,090 $3,001,554 $2,843,040 $158,514
2018 $31,604 $2,942,700 $2,787,294 $155,406
2017 $29,616 $2,767,115 $2,547,473 $219,642
2016 $29,290 $2,712,858 $2,497,522 $215,336
2015 $28,460 $2,672,109 $2,460,007 $212,102
2014 $26,820 $2,509,056 $2,318,788 $190,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG22242850

California Regional Multiple Listing Service (CRMLS)

APN: 056-203-14