NOT LISTED FOR SALE

Estimated Value: $3,284,000 - $5,097,000

2 Beds
3 Baths
1,780 Sq Ft
$2,492/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $2,115,000 $1,188 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $25,180/month

2 Days on Market

Highlights

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

About This Home

As of December 2014

Sophisticated Three Arch Bay cottage with Catalina ocean views.
This charming 2 bedroom plus cozy den offers comfort and ease of living. Perched in Upper Three Arch Bay the home offers a great room feel with French doors opening onto view balconies and secluded garden and patio with small viewing deck. The kitchen with granite counters and Gaggenau cook top, Dutch barn door, lots of window invites to enjoy and partake. The ocean view master suite has French doors opening to balcony and garden. The master bath has travertine flooring, French doors to garden and walk-in closet. The ocean view second bedroom has built-in book case. The other bathroom on the same level has granite counters and relaxing tub. At the lower level is a den, guest room, third bathroom and large laundry room leading to the two car garage with epoxy flooring. Three Arch Bay offers two private beaches, tennis, clubhouse with park and playground and sports court. Resort living all year around.

Last Agent to Sell the Property

Fred Albuquerque

Surterre Properties License #00803863 Listed on: 10/25/2014

Surterre Properties

Last Buyer's Agent

Jody Chapman

Compass License #01338862

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,509

Year Built

  • Built in 1956

Lot Details

  • 6,534 Sq Ft Lot
  • Cul-De-Sac
  • Southwest Facing Home
  • Paved or Partially Paved Lot
  • Garden

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Cottage
  • Additions or Alterations
  • Combination Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • French Mullion Window
  • Wood Frame Window
  • French Doors
  • Great Room
  • 220 Volts In Laundry

Kitchen

  • Electric Oven
  • Indoor Grill
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Ocean Side of Freeway
  • Balcony
  • Covered Patio or Porch

Location

  • Suburban Location

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Kitchen
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1109
  • Assessor Parcel Number 05622130

Community Details

Overview

  • Tab Association
  • Tab District Association

Amenities

  • Outdoor Cooking Area
  • Picnic Area
  • Meeting Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,509

Year Built

Built in 1956

Lot Details

0

HOA Fees

$253 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Three Arch Bay (TAB)
  • View: Yes
  • Architectural Style: Cottage
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 05622130
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1780.00
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Levels: One
  • Price Per Square Foot: 1188.20
  • Room Type: Great Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite
  • Window Features: French/Mullioned, Wood Frames

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • Foundation: Combination
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Paved, Driveway, Direct Garage Access, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Appliances: Dishwasher, Electric Oven, Gas Range, Indoor Grill, Microwave
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association: TAB District
  • Amenities: Dues Paid Monthly, Guard, Meeting Room, Outdoor Cooking Area, 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
  • Association Name: TAB
  • Senior Community: No
  • Community Features: Curbs, Suburban

Schools

  • School District: Laguna Beach Unified

Lot Info

  • Lot Features: Cul-De-Sac, Garden, Paved
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6534.0000 Square Feet
  • Number Of Units In Community: 540
  • Number Of Units Total: 540
  • Waterfront Features: Ocean Access, Ocean Side of Freeway

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 1109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2022
Sold by
Folks Lawrence S and Folks Anne W
Bought by
Folks Family Trust
Current Estimated Value
$4,435,783

Purchase Details

Listed on
Oct 25, 2014
Closed on
Oct 30, 2014
Sold by
Bartlett Kay
Bought by
Folks Lawrence S and Folks Anne W
Seller's Agent
Fred Albuquerque
Surterre Properties
Buyer's Agent
Jody Chapman
Compass
List Price
$2,100,000
Sold Price
$2,115,000
Premium/Discount to List
$15,000
0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$600,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2005
Sold by
Ives Kay Dell
Bought by
Bartlett Kay and The Kay Bartlett Revocable Trust

Purchase Details

Closed on
Aug 26, 1997
Sold by
Kay Ives and Kay Fay E
Bought by
Ives Kay Dell and The Kay Dell Ives Family Trust

Purchase Details

Closed on
Jul 18, 1994
Sold by
Moritz Robert A
Bought by
Ives Kay D and Redmond Fay E
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
Folks Family Trust -- --
Folks Lawrence S $2,115,000 Ticor Title
Bartlett Kay -- --
Ives Kay Dell -- --
Ives Kay D $550,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Folks Lawrence S $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $2,115,000 +0.7% $1,188 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $2,100,000 -- $1,180 / 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 $20,509 $1,779,064 $887,659 $891,405
2024 $20,509 $1,744,181 $870,254 $873,927
2023 $20,205 $1,709,982 $853,190 $856,792
2022 $19,524 $1,676,453 $836,460 $839,993
2021 $19,416 $1,643,582 $820,059 $823,523
2020 $18,812 $1,626,730 $811,651 $815,079
2019 $18,423 $1,594,834 $795,736 $799,098
2018 $14,296 $1,369,954 $780,134 $589,820
2017 $10,925 $934,407 $764,838 $169,569
2016 $13,995 $1,215,832 $749,842 $465,990
2015 $13,359 $2,115,000 $1,861,113 $253,887
2014 $7,785 $652,556 $490,170 $162,386
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG14228743

California Regional Multiple Listing Service (CRMLS)

APN: 056-221-30