NOT LISTED FOR SALE

Estimated Value: $3,670,000 - $5,757,000

3 Beds
2.5 Baths
2,087 Sq Ft
$2,333/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $3,000,000 $1,437 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $29,047/month

50 Days on Market

Highlights

  • White Water Ocean Views
  • Property has ocean access
  • Custom Home
  • El Morro Elementary School Rated A+
  • Gated with Attendant
  • 0.46 Acre Lot

About This Home

As of August 2019

Sited on a nearly 20,000 sf parcel—one of the largest and lushest in upper Three Arch Bay—this breathtaking property enjoys spectacular panoramic views of the sparkling Pacific, coastline and Catalina Island vistas. With a freshly painted interior/exterior, this charming beach house now has a re-imagined presentation to reflect what makes this home and location so special. The welcoming layout is perfect for stylish entertaining or relaxing to a backdrop of expansive views, stunning sunsets and surf below. A rare motor court welcomes you and guests to a ground-level entry featuring a spacious living room with dramatic view windows, vaulted wood beam ceiling, original oak flooring, a magnificent wood burning fireplace—and opens to the ocean-facing wraparound deck. This level showcases 2 bedrooms/2 bathrooms, eat-in kitchen, dining room, laundry room, and direct 2-car garage access (+3 on driveway). The downstairs space includes a flexible great room and fireplace, ocean view bedroom/bathroom, spacious storage rooms (one used as an art room)—and opens to a covered porch with access to the enormous backyard with mature trees and wonderful array of native plants thriving in their natural habitat. T.A.B. amenities include 24/7 guarded gates, a gorgeous private-access cove/beach, sports courts, park/playground, clubhouse & fun community events. Home and decks in original condition but an incredible opportunity for both sensational scenery and a truly exceptional coastal lifestyle!

Last Agent to Sell the Property

Donna Pfanner

Pacific Sotheby’s International Realty License #01501488 Listed on: 06/01/2019

Pacific Sotheby’s International Realty

Last Buyer's Agent

Brennan Lazar

Estate Properties License #01747591

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,971

Year Built

  • Built in 1955

Lot Details

  • 0.46 Acre Lot
  • Lot Sloped Down
  • Wooded Lot
  • Private Yard
  • Garden
  • Back Yard
  • Value in Land

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway Down Slope From Street
  • Parking Permit Required

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Custom Home
  • Ranch Style House
  • Bungalow
  • Fixer Upper

Interior Spaces

  • 2,087 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Track Lighting
  • Wood Burning Fireplace
  • Jalousie or louvered window
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Workshop
  • Storage
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Freezer
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Maid or Guest Quarters
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Wrap Around Porch
  • Wood Patio

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 1109
  • Assessor Parcel Number 05615204

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

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated with Attendant
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,971

Year Built

Built in 1955

Lot Details

0

HOA Fees

$273 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Gated Community, Gated with Guard
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Bungalow, Custom Built, Ranch
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05615204
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2087.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Living Room Deck Attached, Storage, Tile Counters, Track Lighting, Unfurnished
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1437.47
  • Room Type: Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Separate Family Room, Utility Room, Walk-In Closet, Workshop
  • Window Features: Jalousies/Louvered, Skylight(s)
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Hills, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Covered, Deck, Rear Porch, Wood, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Down Slope From Street, Garage, Permit Required, Private
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Disposal, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Picnic Area, Playground, Tennis Court(s), Sport Court, Clubhouse, Guard, Controlled Access
  • Association Fee: 2500.00
  • Association #2 Fee: 195.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Annually
  • Association Name: Three Arch Bay
  • Phone: 949-499-4567
  • Senior Community: No
  • Community Features: Curbs, Storm Drains
  • Association Management: Three Arch Bay

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, Sloped Down, Garden, Gentle Sloping, Lot 10000-19999 Sqft, Treed Lot, Value In Land, Yard
  • Lot Size Sq Ft: 19888.00
  • Lot Size Acres: 0.4566

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19888.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Census Tract: 423.05
  • Tax Lot: 56
  • Tax Tract Number: 1109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Michael And Dina Morell Family Trust and Morell Michael A
Bought by
Coral Tree Bluff Llc
Current Estimated Value
$4,869,333

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 31, 2019
Sold by
Free Wendy C
Bought by
Morell Michael A and Morell Dina M
Seller's Agent
Donna Pfanner
Pacific Sotheby’s International Realty
Buyer's Agent
Brennan Lazar
Estate Properties
List Price
$3,299,000
Sold Price
$3,000,000
Premium/Discount to List
-$299,000
-9.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$2,100,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 9, 2018
Sold by
Covey Barbara Bogardus
Bought by
Covey Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 7, 2001
Sold by
Covey Barbara B
Bought by
Covey Barbara Bogardus and Barbara Bogardus Covey 2001 Trust

Purchase Details

Closed on
Oct 20, 1995
Sold by
Covey Keith M
Bought by
Covey Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.59%

Purchase Details

Closed on
Mar 1, 1995
Sold by
Covey Barbara B and Reid Crawford
Bought by
Covey Barbara B

Purchase Details

Closed on
Feb 8, 1995
Sold by
Bogardus Edward F
Bought by
Covey Barbara B and Reid Crawford

Purchase Details

Closed on
Sep 6, 1994
Sold by
Covey Barbara B
Bought by
Covey Barbara B and Bogardus Edward F
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
Coral Tree Bluff Llc -- None Listed On Document
Morell Michael A $3,000,000 Chicago Title Company
Covey Barbara B -- Stewart Title
Covey Barbara Bogardus -- Stewart Title
Covey Barbara Bogardus -- --
Covey Barbara B -- Stewart Title Company
Covey Barbara B -- --
Covey Barbara B -- --
Covey Barbara B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morell Michael A $2,100,000
Previous Owner Covey Barbara B $630,000
Previous Owner Covey Barbara Bogardus $130,000
Previous Owner Covey Barbara B $125,000
Previous Owner Covey Barbara Bogardus $100,000
Previous Owner Covey Barbara Bogardus $25,000
Previous Owner Covey Barbara B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2019 08/29/19 Sold $3,000,000 -9.1% $1,437 / Sq Ft
07/21/2019 07/21/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $3,299,000 +10.0% $1,581 / Sq Ft
07/18/2019 07/18/19 Off Market $3,000,000 -- --
06/05/2019 06/05/19 Price Changed $3,299,000 -17.4% $1,581 / Sq Ft
06/01/2019 06/01/19 For Sale $3,995,000 -- $1,914 / 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 $33,971 $4,346,810 $3,221,880 $1,124,930
2024 $33,971 $3,158,706 $3,158,706 --
2023 $34,551 $3,153,535 $3,023,242 $130,293
2022 $32,878 $3,091,701 $2,963,962 $127,739
2021 $32,433 $3,031,080 $2,905,845 $125,235
2020 $32,115 $3,000,000 $2,876,049 $123,951
2019 $5,358 $363,511 $265,759 $97,752
2018 $5,162 $356,384 $260,548 $95,836
2017 $4,931 $349,397 $255,440 $93,957
2016 $4,792 $342,547 $250,432 $92,115
2015 $4,550 $337,402 $246,670 $90,732
2014 $4,486 $330,793 $241,838 $88,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG19109755

California Regional Multiple Listing Service (CRMLS)

APN: 056-152-04